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Unit 3 Human Resource Management

   

Added on  2023-06-15

10 Pages3315 Words69 Views
UNIT 3 HUMAN RESOURCE
MANAGEMENT

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................3
PART 1............................................................................................................................................3
Comparison of various HRM areas and their contribution in organizational performance........3
Examining strategic HRM in relation with change effects in business environment..................5
Critically evaluation of role recruiting and retaining appropriate employees.............................5
Internal and external factors that affects the HRM decisions in the workplace and also
evaluating these factors for supporting the organizational development:...................................6
PART 2............................................................................................................................................8
Covered in Presentation...............................................................................................................8
CONCLUSION................................................................................................................................8
REFERENCES..............................................................................................................................10

INTRODUCTION
The Human Resource Management is defined as the strategy used by various
organizations for gaining competitive advantage with the use of effective recruitment, hiring,
development and managing of workforce. These areas help the BMW in contributing towards the
welfare for the company, helps in maintaining the sustainable performance of the organization
which further creates the effective and standardized meeting requirements and improvement in
performance for the organization. Report delivers about 'BMW' one of the top luxury vehicle
brand based in U.K. Analysis showcase about different areas of HRM and their contribution
towards performance of firm. Further analysis discuss proper examination of strategic HRM with
relation towards changing effects on firm and their business environment. Lastly, the report
showcase about the evaluation of role of recruitment along with retaining appropriate employees
from the labour market along with investigation to internal and external factors influencing
HRM. These factors after evaluation will further lead the development of the organization and
result in improving the performance.
PART 1
Comparison of various HRM areas and their contribution in organizational performance
The major areas of Human Resource plays an important role in the effectiveness of
performance. Human Resource Management requires at every level of an organization for
providing company wit various benefits and increasing profit accessibility with gaining
competitive advantage over other firms. These areas include:
Recruitment and Staffing of workforce: Under this area BMW's HR management team
works on sought and providing company with potential employees suitable for job (Wikhamn,
2019). As well as under the staffing process the most suitable individuals been hired for filling
up the role. This may lead to providing sustainable performance by firm. An important part of
human resource for selecting the most suitable personnels required for the right job. With the
selection of right candidate company may able to improve their quality, increase diversity in the
working area, strategic alignment with being able to earn long term profits and increase
efficiency for the firm.
Employee Training and Development: The human resource management team of
BMW aims to provide their workers with familiarity and training in according to the work and
also developing their key skill set required. Along with providing quality products and services

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