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Human Resource Management: Functions, Approaches, and Practices

   

Added on  2023-01-16

16 Pages5058 Words34 Views
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Human Resource
Management
Human Resource Management: Functions, Approaches, and Practices_1

Table of Contents
INTRODUCTION...........................................................................................................................4
TASK 1............................................................................................................................................4
Explaining functions and purpose of human resource management which are application to
resourcing and workforce planning of a company.......................................................................4
Explaining various approaches of selection and recruitment along with their strengths and
weaknesses...................................................................................................................................6
Assessing the way which helps different human resource management functions to provide
skills and talent to the entity so that objectives could be fulfilled...............................................8
Evaluating all the approaches of selection and recruitment with their strengths and weaknesses
......................................................................................................................................................8
TASK 2............................................................................................................................................8
Explaining different types of human resource management practices along with their benefits
to employee and employer of a company....................................................................................8
Evaluating the level of effectiveness of various human resource management practices which
can help to increase organisational productivity and profit.......................................................10
Exploration of different approaches which are used in human resource management practices
....................................................................................................................................................10
TASK 3..........................................................................................................................................10
Significance of establishing employee relation in respect to influence of them on human
resource management decision making.....................................................................................10
Identifying all the main components of employment legislation and the influence of them on
human resource decision making...............................................................................................11
Evaluating main elements of management of employee relation along with different
employment related legislations which may affect human resource decision making..............12
TASK 4..........................................................................................................................................12
Illustrating the use of different practices of human resource management in a work related
context........................................................................................................................................12
Importance of applying appropriate human recourse practices in work related context...........15
CONCLUSION..............................................................................................................................15
Human Resource Management: Functions, Approaches, and Practices_2

REFERENCES..............................................................................................................................16
Human Resource Management: Functions, Approaches, and Practices_3

INTRODUCTION
Human resource management is a procedure which is required to be focused by HR of an
organisation to for the purpose of managing, directing, controlling and supervising all the
employees who are working in an organisation. It is one of the main responsibilities of HR
manager as it can help to reach long term business goals. An entity can motivate its staff
members if proper strategies for their management and support are formulated (Armstrong and
Taylor, 2020). Main purpose of present project is to improve knowledge about importance of
HRM for enterprises. The organisation which is selected for this report is Arcadia Group which
is one of the biggest retailer of United Kingdom. There are different clothing brands such as
Dorothy Perkins, Miss Selfridge etc. which are sold by it all around the world. This report covers
various topics such as scope and purpose of HRM, effectiveness of key elements of HRM and
analysis of internal and external factors that affects HRM decisions. Additionally, applications of
HRM practices in a work related context are also covered in this project.
TASK 1
Explaining functions and purpose of human resource management which are application to
resourcing and workforce planning of a company
Overview of Arcadia Group: It is one of the biggest British International retail sector
enterprise which is having headquarters in London, United Kingdom. It was founded in year
1903 and its chairman is Sir Philip Nigel Ross Green. CEO of the organisation is Ian Grabiner
and the company is having employee strengths of 22000 individuals. Different subsidiaries of it
are Wallis, Topman, Topshop, Dorothy Perkins etc. Mission of the entity is to develop the best
products and meet expectations of clients so that higher competitive advantage could be
acquired. Purpose of Arcadia Group is to progress continuously by building skills and abilities of
employees (Bratton and Gold, 2017). Core business objectives of the organisations are as
follows:
Generate higher profits by fulfilling all the demand of targeted customers.
Establish a positive market image and capture large share of the industry by offering
good quality clothes to the customers.
Human resource management can be defined as an approach which is beneficial for the
managers to manage the human capital in effective manner. In Arcadia Group it is focused by
Human Resource Management: Functions, Approaches, and Practices_4

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