Human Resource Management - Desklib

This presentation discusses the different areas, practices, and factors of Human Resource Management and their contribution to organizational performance. It also talks about Aston Martin's HRM practices and the strengths and weaknesses of HRM practices. The presentation concludes that HRM plays a significant role in achieving organizational goals and objectives.

Human resource
management

Table Of Content
 Introduction
 Comparison of different areas of HRM and its contribution to organisational
performance
 Different HR practices used by organizations during the selection and recruitment of
employees
 Strategic HRM into context of changing effects on the business environment and its
organisation
 Role of retaining and recruiting proper employees from the available labour markets
 External and internal factors which influence the decisions of HRM in the workplace
 Assess and evaluate the factors and how they support in organisational development

Introduction
 Human resource management refers to the process of
training them, employing people, compensating them, policies
development related to them and also develop strategies in
order to retain them.
 In the present report, Aston Martin is taken into consideration.
 Aston Martin Lagonda Global Holdings PLC is basically an
English manufacturer of grand tourers and luxury sports cars as
well.

Comparison of different areas of HRM
and its contribution to organisational
performance
 There are majorly five areas of human resource management which
include talent management, compensation and employee benefits,
training and development, workplace safety and compliance as well.
 Each area has their own significance at the organisational level of
Aston Martin.
 In context to Aston Martin, there are different areas of human resource
management which has their own way of working which results into
enhancement into performance of the organisation

Different HR practices used by
organizations during the selection and
recruitment of employees
There are different HR practices which can be used in recruitment and selection of employees
which has been defined into the following manner:
 Integrate job postings with job description
 Simplify the process of application
 Display of job posting on the website
 Managing the candidates effectively
 Streamlining the process of applicant tracking

Strategic HRM into context of changing
effects on the business environment and
its organisation
 Strategic HRM basically refers to the creation of coherent
planned framework for employees to be managed, hired and
develop in the ways which supports the long term goals of an
organisation.
 In context to Aston Martin, the strategic HRM is very important
because their planning gets changed according to the changing
environment of business and their organisation as well.

Role of retaining and recruiting proper
employees from the available labour
markets
 At the organisational level of Aston Martin, there are number of
ways for retaining and recruiting appropriate employees.
 The role of retaining and recruiting proper employees is that they
attract and identify the individual who has the mix of attributes
and skills for the job which is available into the best form.

External and internal factors which
influence the decisions of HRM in the
workplace
There are certain internal and external factors which influences the HRM decisions in the work place
which has been defined into the following manner:
External Factors
 Available labour pool: There is one external factor which influences the ability to recruit the
qualified candidates is the availability of labour market that is affected by the rates of
unemployment, number of qualified workers in the reasonable commuting distance. This factor
affects the HRM practices because as there is availability of large number of candidates so it
becomes very challenging to recruit best candidate for Aston Martin organisation and also very
harder to understand their every parameter as well.

Assess and evaluate the factors and how
they support in organisational
development
 The main internal factors basically include use of technology and level of growth
and also there are certain external factors which include government regulations
and availability of labour pool as well.

HRM practices within the workplace
 HRM practices basically refers to the set of consistent policies at the
internal basis and practices implemented and designed in order to
ensure that the human capital firm contribute towards the
achievement of objectives of business.
 There are certain best practices of HRM which include providing
security of employees, hiring on selective basis, Effective teams,
training in relevant skills and performance based compensation.

Strengths and weaknesses of HRM
practices along with recommendations
There are certain strengths and weaknesses of HRM practices which has
been defined into the following manner:
 Strengths of HRM practices: The practices of HRM contribute in
terms of resolving the conflicts into fast pace manner and both kinds
of conversation act as the strength point of HRM practices. The
practices of HRM contribute in terms of time management,
inclusiveness, discretion and organisation as well.

Reflective Journal
 From these scenarios, I have learnt various aspects of human
resource management which plays a very significant role at
the level of organisation.
 From the professional point of view, I have learnt that the
role of HRM is very important otherwise the organisation
can't be managed and handled into effective terms as well.
 There are certain skills and competencies which I have
developed at the time of learning into effective terms

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 The strategic HRM also help me to understand about its contribution in their
business environment and organisation.
 The role of recruiting and retaining the employees is also very important due to
which I understand that without retaining the talented employees it is not easier to
receive results into shorter period of time.
 I have learnt that there are certain internal and external factors which influences
the decision making of HRM within the work place.

Conclusion
The above stated report concludes that human resource management plays a very
significant role in terms of achieving the goals and objectives into efficient manner. It
has been concluded that there are different areas of human resource management
which contribute in the overall organisational performance. It has been determined
that there is strategic HRM which has certain contribution into context of business
environment and organisation.

References
 Banfield and et.al., 2018. Introduction to human resource management. Oxford
University Press.
 Boon and et.al., 2019. A systematic review of human resource management
systems and their measurement. Journal of management, 45(6), pp.2498-2537.
 Bratton and et.al., 2021. Human resource management. Bloomsbury Publishing.
 Lussier, R. N. and Hendon, J. R., 2019. Fundamentals of human resource
management: Functions, applications, and skill development. Sage Publications.

Thank You