Human Resource Management Assignment - Healthcare Industry of Australia

HUMAN RESOURCE
MANAGEMENT

EXECUTIVE SUMMARY
Human resource management refers to managing the workforce and human resource manager is
responsible for performing the managerial functions such as recruitment, training and
development, performance appraisal etc. Human resource management plays an important role in
healthcare industry and it is complex to understand due to continuous changes takes place in the
environment that impacts the working of healthcare industry and it also affects the dynamics of
professionals that are working in that industry (Noe and et.al, 2017).
The Report will analyse different types of factors that are affecting the human resource practises
in the healthcare industry of Australia. The important factors that are impacting human resource
strategies in the industry will include political, economic, social and technological factors. Some
important findings of the report are as follows. Political factors such as educational reforms by
the Government of Australia will affect the quality and availability of professionals. Policy
related with immigration of workforce will also impact the pattern of human resource
management.
Economic factors such as downturn in the economy of Australia will create an imbalance in the
demand and supply of professionals in healthcare industry. The demand of skilled employees in
the industry will increase the level of competition. To deal with such situations, human resource
department will have to develop the strategies for retention of workforce.
There are certain social factors that will impact the human resource strategies and policies.
Cultural diversity in terms of age, education will result in conflicts at the workplace. To
overcome such situations, there must be proper policy of providing training to the professionals.
To deal with cultural shock, human resource department must develop strategy for improving the
skills and competency of workforce.
Technological advancements such as introduction of new tools, new technology in the healthcare
industry of Australia will impact on the strategy, policies and practises of human resource
management.

Table of Contents
EXECUTIVE SUMMARY ............................................................................................................2
INTRODUCTION ..........................................................................................................................5
MAIN BODY ..................................................................................................................................5
Impact of Political, Economic, Social and Technological factors on Human Resource
practises.......................................................................................................................................5
CONCLUSION .............................................................................................................................11
REFERENCES..............................................................................................................................12