Human resource management in business

Human Resource
Management in Business

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................1
Task 1...............................................................................................................................................1
Internal and External Factors.......................................................................................................1
Skills of Employees.....................................................................................................................2
Task 2...............................................................................................................................................3
Motivation....................................................................................................................................3
Task 3...............................................................................................................................................5
Committed Employee Cooperation..............................................................................................5
Task 4...............................................................................................................................................6
Employee Performance................................................................................................................6
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................8

INTRODUCTION
Human Resource Management (HRM) is one of the major functions of the organization.
Human resource management is a strategic approach which is mainly focuses on manage people
in the any business. The HRM's major functions includes; hire people in the organization as
employees, provide necessary training them, solve existing employee's issues, etc. with the help
of effective human resource management any business is easily able to gain high competitive
advantage in the market. It is also helpful in provide productive staff to the business which
always try to cover all activities within business. Basically human resource management is too
important in the achievement of organization's decided goals in specific time period. This report
discusses the human resource management in the Iceland company. Iceland is a small British
retail company which continuously increasing their supermarket chain in the home country
United Kingdom and also in the international market too.
Task 1
Internal and External Factors
There are various internal and external factors which highly need to consider by the
Iceland company when planning the human resources requirements.
Internal Factors
 Organizational needs: During planning the human resources requirements, one internal
factor called; organizational needs is highly impact to the planning process. Suppose the
Iceland company want to expand their business in the new markets (Mooghali, Ghorbani
and Emami, 2016). In this case company require more employees in their organization.
That's why this factor the company need to consider.
 Skills requirements: Many times company needed some skilful employees in the
company to improve overall performance of the business environment. So, this is also big
internal factor which need to consider by human resource management.
 Budget: Company's budget also comes under the internal factors. The management of the
company need to analyse their budget aspect properly, because when the company hire
someone then it needs to give some amount them as a salary. So, this is also need to
consider by the company.
External Factors
1