Transition and HRM in Asian Socialist Economies
Added on 2020-07-22
14 Pages4278 Words98 Views
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HUMAN RESOURCEMANAGEMENT
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Functions of HRM in workforce planning along with purpose.............................................1P2 Strengths and weakness of various recruitment and selection process..................................2TASK 2............................................................................................................................................4P3 Benefits of different HRM practices within an organisation for employee as well asemployer .....................................................................................................................................4P4 Explain the effectiveness of different human resource management practices ....................5TASK 3............................................................................................................................................6P5 Importance of employee relations for influencing decision-making of HRM.......................6P6 Key elements of employment legislation as well as its impact on HRM decision-making...7TASK 4............................................................................................................................................8P7 Application of HRM practices in ASDA Company..............................................................8CONCLUSION..............................................................................................................................10REFERENCES..............................................................................................................................11
INTRODUCTIONHuman resources management (HRM) is an important segment of business thus affectoperations with in an organisation in order to gain high profits. It is a process of developing andhiring candidates, so they become more valuable for the company. It includes planing, jobanalysis, training, orientation, recruiting and many more. This department conducts training anddevelopment program for employees in order to increase their performance as well asproductivity. HR manager have extensive knowledge about leadership, negotiation skills,industries and many more (López-Nicolás and Meroño-Cerdán, 2011). This assignment is basedon ASDA Store Ltd. It is a British supermarket retailer, established in the year of 1965. In UnitedKingdom ASDA have around 631 retail store and 339 superstore and 206 supermarket. In thisreport cover functions and purpose of HRM with their strength and weaknesses. It has coverimportance of employees relations as well as legislation and various human resource practices.TASK 1P1 Functions of HRM in workforce planning along with purposeToday in modern world, every organisation need qualified and skilled employees to availcompetitive advantage. In order to manage successful business and needs of company, HRMinvolves some practices like hiring, planning, managing and deploying the workers. Managersmaintain a wide range of resources including materials, building, machinery and technology.They helps in workforce planning by arranging eligible and desired people in staff whocontribute their efforts in accomplishing business objectives (Messersmith and et. al., 2011). Functions of HRM:Recruitment and selection: It includes various process for hiring the best candidates inworkforce of a company. ASDA always try to recruit hard workers in its stores who haveknowledge of its products like groceries and financial services. It wants employees who are goodin providing effective customer services. Training and development: Today, all retail companies offer online services tocustomers for selling its products. For such type of services, employees demand for training towork on new technologies. Therefore, managers provide necessary training to them in order todevelop their skills and knowledges of updated techniques so that they can do work in desiredmanner.1
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