logo

Human Factor

   

Added on  2022-11-03

14 Pages3844 Words67 Views
Running head: HUMAN FACTOR
Human Factor
Name of the student
Name of the university
Author Note

1HUMAN FACTOR
Table of Contents
Introduction................................................................................................................................2
About the company....................................................................................................................2
Current human resource issues of the company.........................................................................3
Impact of technology on the human resource............................................................................4
Proposals for an effective HR strategy.......................................................................................5
Identification of the ways to evaluate the HR strategies............................................................7
Conclusion..................................................................................................................................8
Recommendation........................................................................................................................9
Bibliography.............................................................................................................................11

2HUMAN FACTOR
Introduction
In the modern world, it is necessary to consider the human resources that exist in an
organisation so that it plays an important role in the organisational development. Noe et al.
(2017) is of the opinion that the human resource management and its issues are considered as
some of the most exciting analysis that is to be undertaken in an organisation. Therefore, as
stated by Cascio (2015) the business strategies need to be based on the manner in which
human resources can be utilised with focus on the current issues that may hamper its
existence. In this assignment the current human resource issues that exist in an organisation is
being undertaken. In the modern world, technology has grown and with its growth, it plays an
important role in the development of an organisation.
In the words of Bratton and Gold (2017), the impact of technology in the modern
world and for the development of the human resource of a company is focused upon. The
analysis is conducted on Deloitte, a company famous for providing professional service
network across the world (Deloitte.com 2019). The issues in the human resources of the
company and the manner in which technology can be beneficial for it in the next five years
are taken into consideration. At the same time, proposals related to the issues can be analysed
and related back with the manner in which Deloitte can continue with its business.
Identification can be made about the evaluation necessary for the HR strategy based on the
return on investment of the company. The evaluation of the HR strategies is also taken into
consideration with recommendations for the implementation of the strategies.
About the company
Deloitte is a multinational professional service network. The company is located in
London and has been in effect since 1845 (Deloitte.com 2019). Deloitte is considered to be

3HUMAN FACTOR
one of the big four accounting organisations with revenue close to US$43.2 billion
(Deloitte.com 2019). Some of the services provided by Deloitte include auditing, taxation,
management consulting as well as financial and legal advisers (Deloitte.com 2019). In total
Deloitte employs over 286,200 employees in the global market (Deloitte.com 2019). In 2017,
the company was declared as the 4th largest privately owned company in the United States
(Deloitte.com 2019). One of the reasons for the success of Deloitte is the fact that the
company offers both global as well as management consulting which is based on the
aggregate revenue that is earned (Deloitte.com 2019).
Current human resource issues of the company
Human resource issues can be considered as one of the recurring factors that every
organisation needs to undergo. Therefore, in the context of Deloitte, the company need to
undergo an analysis of the issues that exists in the current human resource of the company. It
is necessary that the analysis is made based on the strategy chosen by the company. It has
been evidenced that the business strategy of Deloitte is of expansion into different countries
(Deloitte.com 2019). At the current stage, Deloitte has its branches in North and Western
Europe along with the United States (Deloitte.com 2019). The business strategy is to expand
itself in the Asian market and develop itself particularly after the ban that has been imposed
on the company in India. In this regard, an analysis of the human resource issues of Deloitte
can be made which includes identifying the internal as well as the external issues of the
company.
Internal issue
Lack of employee retention: The lack of employee retention can be considered as
the biggest reason for the employee turnover. The issue with Deloitte in terms of maintaining
the employee retention can be considered due to its spread structure (Deloitte.com 2019). The

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Strategic Human Resource Management
|10
|2300
|195

Report on Dissertation Proposal - Deloitte
|17
|5379
|54

Deloitte Australia's Proposed Plan for Payroll Services by HR Department
|17
|3624
|245

International Management Assignment - Deloitte Consulting
|6
|1294
|424

Corporate Governance Issue in Service Sector
|30
|8136
|22

Human Resource Management: HR Strategies, Environmental Factors, Job Design Strategies, and Hiring and Firing Strategies of Deloitte
|13
|4163
|109