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Human Resource Management Reports

   

Added on  2022-09-11

8 Pages2099 Words18 Views
Running head: HUMAN RESOURCE MANAGEMENT
Human Resource Management
Name of the student
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HUMAN RESOURCE MANAGEMENT1
Introduction
Human Resource Management helps in describing the managing and the developing
of the employees within a company. The department of the human resources oversees the
things that are related to management of the human capital within the framework of an
organization. Responsible business practice is indicative of the corporate activities that can
benefit the individuals, community and the environment. The stakeholders living across the
world want their brands to be engaged with the responsible activities which increases the
value of a company before the people (Cohen 2017). This essay discusses about the relation
that exists in between the organisational ethics, corporate social responsibility and the
responsible business practice. This essay elaborates on how the human resource policies aids
in the promotion of the responsible business practice.
Discussion
The organizational ethics have an effect on the workforce as it creates the trusting
atmosphere in a company. The business have the ethical obligation of enhance interest of the
employees and consumers so that they can stay within boundaries of law. The organizational
ethics makes the employees feel encouraged and it serves the overall interest of the business.
The employees gain the sense of the security from prevalent ethical climate that helps in
improving the efficiency of the workers (Thompson 2017). It encourages the fair play among
the workers and it encourages the employees for outperforming one another. It maintains the
team atmosphere in workplace that builds the strong bond in between the employees of
company. Corporate Social Responsibility (CSR) refers to strategic commitment of an
organization for satisfying needs of stakeholders which helps in preserving environment. It
creates long-term value for a company that provides it with an edge above the competitors
(Humanrights.gov.au 2020). CSR links economic and the legal responsibilities to social

HUMAN RESOURCE MANAGEMENT2
responsibilities of a company. The companies in the event of meeting the expectations of the
society makes the profit in the long run. It helps an organization in the attainment of
economic objectives within the parameter of the legal framework. The concept of the
sustainable development talks about the integration of economic, social and the
environmental issues which guarantees the business success in the longer frame of time
(Oinas and Kettunen 2017). It contributes to social development and offers protection to
environment. Responsible business practice on the part of a company creates value for
customers, suppliers and shareholders. It accepts socio-cultural standards of society and
makes the policies that can serve welfare of environment. It contributes to welfare of society
and helps in the area of compliance with the present legislation in relation to environmental
protection. The stakeholder theory talks about the fact that company is an organization
comprising of plurality of the agents which is affected by management decisions (Uzhegova,
Torkkeli and Ivanova-Gongne 2019). A company should take cognisance of interests of the
groups of the people that can have an effect on development of activities. It can help a
business in evolving as the responsible business that takes into consideration diverse needs of
stakeholders.
The policies of the human resources plays an important role in the promotion of the
responsible business practice. The function of the human resources is to formulate the
environmental goals that can balance objectives of company with financial performance
metrics. Human resources serves as partner that formulates the corporate values and the
sustainability strategy of a company. The human resources uses the tools for the creation of
workforce which places emphasis on trust, values and skills. It provides a company with the
motivation that helps in achieving triple bottom line of a company. The human resource
practice that is sustainable helps a company in the attainment of economic and environmental
goals. The human resources have to expand the view regarding stakeholders of an

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