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HR Practices in Business Environment

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Added on  2020-12-10

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Human resource management INTRODUCTION 4 TASK1 4 HR strategies and developing organization 4 TASK2 6 HR planning in business environment 6 TASK3 8 HR practices to improving employee’s performance8 TASK4 9 Influence of employee legislation on HR practices in organization. TASK1 1 HR strategies and developing organization From the evolution of the strategic human resource management process of Greenwich Pharmaceuticals where the professionals of HR need to know the strategic objectives and aims from getting the highest levels and also to achieve success

HR Practices in Business Environment

   Added on 2020-12-10

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Table of ContentsINTRODUCTION.......................................................................................................................................4TASK1........................................................................................................................................................4HR strategies and developing organization..............................................................................................4TASK2........................................................................................................................................................6HR planning in business environment.....................................................................................................6TASK3........................................................................................................................................................8HR practices to improving employee’s performance...............................................................................8TASK4........................................................................................................................................................9Influence of employee legislation on HR practices in organization.........................................................9RECOMMADTION..................................................................................................................................10CONCLUSION.........................................................................................................................................11
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INTRODUCTIONHuman resource management is one of the strategic approach for the effectivemanagement of the individuals in organization; it helps business for gaining the competitiveadvantages. It also designed for maximizing performance of the employees in the service of theemployee’s strategic objectives. Greenwich Pharmaceutical a bio pharmaceutical companywhich is known as the multiple treatment products and services and it is one of the first naturalcannabis plant for derivative for gaining the market approvals. This report will examine thedeveloping organization and HR strategies and also the planning of the Human Resource inenvironment of the organization. It also highlighted effective practices of the HR andperformance management in the organization and also influence the employment legislation onpractices of HR in an organization (Noe and et.al., 2017).TASK1HR strategies and developing organizationFrom the evolution of the strategic human resource management process of GreenwichPharmaceuticals where the professionals of HR need to know the strategic objectives and aimsfrom getting the highest levels and also to achieve success in the market. the wants and needs ofte chief executive in the context of the business is operated the company and also it wants toinvlves the employees well-being as the part of the mission statement. It is important for showingthe strategic management of the human resource for making the sense of the process in fierce ofthe competitive advantage for recognizing and differentiating the increasing of innovation andexcellent provision services to its customers. There are some strategic approaches of HumanResource;Definition of skills:- it is one of the most important strategy of the Human Resourcewhere all the top level management can identify the and determine strategic objectives.HR can easily find out the skills and ability of the employees which is necessary for theGreenwich Pharmaceuticals. The mission statement which chief executive wants of thecompany is to providing the better services and supporting, hiring and training, staffselections and safety beyond the expectation of all the employees and it enable for
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providing the better service to the external customers The mission statement of theorganization is define as the each and every employees has to show their skills andknowledges for their better performance(Cascio, 2015.).Attracting talent:- it’s important to hire the qualified and skills oriented employeesbecause it helps the Greenwich Pharmaceuticals for achieving the success in the marketand also it retain the customers for the organization. From hiring the attractive talents it isbeneficial for the company to complete the mission statement and also fulfil the needsand wants of the Greenwich Pharmaceuticals. From providing the training and personneldevelopment it is crucial for the growth of the employees from which organization offershigh wages and salary to them.Compensation and benefits:- from the research of the market it identify the need andwants of the employees towards the Greenwich Pharmaceuticals because its necessary todetermine the average of each and every pay and it is something which is attractive forthe employees. For developing the interest and skills of the employees its important forgiving them compensation and benefits of the organization from which they can easilyperform better and its growth of the company.Organizational climate:- it’s important for Greenwich Pharmaceuticals for providingand make good business environment because it helps the employees for achieving themission statement of the company. The environment and climate of the workplace mustbe positive and attracting for the employees and new talents. From organizational cultureit easily follow the mission statement of the company for fulfilling the needs and demandof the customers and employees as well. its important to offer the equipment for fulfillingthe task, adequate facilities and opportunities for the training in working conditionsbecause it shows the employees that its matter for the company to value this things. Italso motivate the employees and feel challenged in the activities and operations foralways stimulate them for further go(Bratton and Gold, 2017).Knowledge management and training:- it is one of the strategy of the Human resourceswhere the knowledge management aimed for properly documenting and also preservingabout the information, skills and knowledge which is developed by the Greenwich
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