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Human Resource Management: Purpose, Functions, Strengths, and Weaknesses

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Added on  2023-03-16

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This document provides an overview of Human Resource Management (HRM) in the context of Asda company. It covers the purpose and functions of HRM, strengths and weaknesses of recruitment and selection approaches, benefits of personnel practices for employers and employees, effectiveness of HRM practices in raising productivity and profits, importance of employee relations in influencing HRM decisions, and key elements of employment legislations.

Human Resource Management: Purpose, Functions, Strengths, and Weaknesses

   Added on 2023-03-16

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HUMAN RESOURCE
MANAGEMENT
Human Resource Management: Purpose, Functions, Strengths, and Weaknesses_1
Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1...........................................................................................................................................1
P.1 Purpose and functions of HRM ............................................................................................1
P.2 Strengths and weakness of recruitment and selection approaches .......................................2
P.3 Benefits of personnel practices for employer and employee ...............................................4
P. 4 Effectiveness of HRM practices in raising productivity and profits....................................5
TASK 2............................................................................................................................................6
P.5 Importance of employee relations in influencing HRM decisions ......................................6
P.6 Key elements of employment legislations which can affect personnel decisions................7
P.7 Use of HRM practices in work related context.....................................................................8
CONCLUSION..............................................................................................................................10
REFERENCES..............................................................................................................................11
Human Resource Management: Purpose, Functions, Strengths, and Weaknesses_2
INTRODUCTION
Human resource management is management of human resources and other resources in firm. It
includes a process which includes recruitment, selection and training of employees. Thus it can
increases the skills and knowledge of staff members (Banfield, Kay, and Royles, 2018). Hence
they can perform all activities in better and effective manner. Thus they give superior results.
Hence they can earn more revenues. Through this company can maintain distinct position in
market. Report describes about the Asda company which is a retail firm. It was found in 1949.
Project explains about the purpose and scope of human resource management with crucial skills
to accomplish the business objectives. It further describes about the effectiveness of key
elements of human resource management in firm. It explains about the internal and external
factors which can affect human resource management decision making including various
legislations of employment. It further describes about the application of different humans
resource management practices in work.
TASK 1
P.1 Purpose and functions of HRM
There are different purpose and functions of HRM. So, objectives of HRM in Asda firm are-
Operative functions
Recruitment: First objective of Asda is to recruit qualified employees in firm. This helps the
firm in performing all activities in better manner. Through this, the firm can easily improve its
performance.
Training and development: HR manager of Asda firm organises various training events in which
different activities are organised which helps in increasing technical knowledge of employees.
Hence, they can give the best results.
Performance appraisal: HR manager can evaluate performance of staff members. They give
suggestions to improve their performance as they do not perform according to expectations of
manager. As a result, it can easily improve performance of workers.
Managerial functions:
Planning: HR manager create different plans and policies so that they can recruit the best and
competent employees on the firm. Thus, the firm can perform better and can maintain unique
position in the market.
1
Human Resource Management: Purpose, Functions, Strengths, and Weaknesses_3
Organising: HR manager can give various responsibilities and other resources so that they can
perform tasks in an effective way. As a result, they can easily complete activities in less time.
Hence, all objectives can be accomplished in minimum time.
Directing: HR manager of Asda Company can guide and supervise all employees so that they
can easily accomplish their goals. Thus, it improves their performance and hence employees can
easily achieve their goals.
Controlling: The last step is to monitor performance of workers. Thus, manager can give
necessary suggestions to improve the performance of all employees. Consequently, it leads to
development of company and it can maintain unique position in the market.
Functions of HRM:
Reduces workers turnover: HR manager interacts with all employees and solve all their
problems. Accordingly, they can perform all tasks in better manner. Hence, workers can perform
with their full potential and skills to give superior results.
Reduces conflicts: HR manager can motivate all employees. They can give different rewards to
workers who perform better. Therefore, it reduces conflicts and other issues in firm. Hence, they
can perform better. Thus, firm can easily achieve their goals and leads to increasing of customer
satisfaction.
Recruitment and termination: Firm can recruit competent workers. Company can any time
terminate employees if they think that they are not performing better and it do not have achieved
their targets. Thus they can easily terminate the employees.
P.2 Strengths and weakness of recruitment and selection approaches
Different strengths and weakness of recruitment and selection approaches used in Asda company
are-
Internal recruitment:
It is a process in which manager can recruit and select employees from company and they do not
recruit employees from an outside source.
Strengths:
Reduces costs: It decreases costs of recruiting and selecting employees as firm do not select
employees from outside source. There is no cost in advertisement and recruitment from colleges.
2
Human Resource Management: Purpose, Functions, Strengths, and Weaknesses_4

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