Importance of Human Resources in Business Strategy

Human
resources

Table of Content
INTRODUCTION.......................................................................................................................................3
MAIN BODY..............................................................................................................................................3
Why people of the company are most valuable assest.............................................................................3
Impct of HR rrource operation in the HR business strategy of the company...........................................4
Discussion of the Myriad of HR function areas and how HR can ensure alignment with the company’s
strategic priorities....................................................................................................................................5
Evaluating the company strategies and HR implementation....................................................................6
How company can leverage diversity to their strategic advantages.........................................................7
Challenges of the HR professional face currently in the global environment and their role....................8
CONCLUSION...........................................................................................................................................9
REFERANCES.........................................................................................................................................11

INTRODUCTION
Human resource management term is used to describe both employees who used
to work in the company to run the organization and the other is department which is responsible
for the managing resources of the company related to the workers of the company. This is one of
the important part of the company to provide skillful people who can help organization to be
successful in their business. HR manger of the company recruits candidates by interview and
selection method and provide them proper training so that candidates can understand the task and
they can perform well in a task without any problem.
This report will explain that why people are most valuable asset of the company and how
they help company to be successful in their business. It will also cover the impact of Human
resource operation impact on the companies HR business strategy. This report will cover the
function of HR manage such as recruitment, selection, management of people etc. and it will
also include how HR can alignment with the company’s strategic priorities. It will examine how
company evaluates their strategies and HR implementation. This report will also discuss how
companies can leverage diversity to their strategic advantages and provide it will also include
proper example and scenarios. In the end of this report will discuss about The HR role in global
environment
MAIN BODY
Why people of the company are most valuable assest
People are on most valuable asset of every organization because they are responsible for
the success of the company. We can say that they are intangible assets of the company. In
today’s dynamic an change in the business world continuously, it is an human assists an dnot to
be fixed or tangible assets that differentiate an company from the competitors, today’s
knowledge economy distinguishes on company from the another with the one of the most
powerful factor which is Human resource (Mondy and Martocchio., 2016). Employee’s living in
the company might be replacing physically; however, employee’s knowledge and skill can’t be
replace by the properly replaced by the other person replacing them. Every Peron has different
skills according to their experience. That is well known by the decision maker of the business
that the skill of the workers, account for the 82 percent of a company. Efficiency of the
employees and their skill help company to take growth in the market without them company
cannot be successful in their business.
Here are some intangible assets of the company
Employees

Employees are most important part of the company and they have to provide services,
goods which company has offer. In the organization every department comprises of employees
with the different responsibility and specialty, be it information technology, finance, production
and marketing, so on and so forth (Cascio., 2015). Employees make row material to the final
goods, take care of the finance, run operation in the company, promote and advertise the services
and product to the market and maintain of the records of the company for the decision making
process for the company.
Custmers
Customers are king, and workers are the first customers to any o the company. Customers
buy the product from the company o they can satisfy their needs and demand and company make
revenue from the product selling to the customers. For the every organization I important for
them to provide better services and product to the customers so they can gain competitive
advantages and market growth (Cascio., 2015). Organizations can be successful if they are
providing better services to the customers. Company exchange their goods and services to the
customers for the money and they can gain respect in the market if they are able to satisfy their
customers.
Superior
Superior of the company have higher responsibility in the company and they are
responsible to deal with the clients and make their employees more effective and essential so
company can able to achieve their business goals and they can gain competitive advantages in
the market. They motivate employee and help them to achieve the objectives and Aim of the
company.
Impct of HR rrource operation in the HR business strategy of the company
HR manger of the company brings a talent in the organization and they are holistic
prospective on the talent alignment to the strategies of the business. According to the experts HR
have a unique position in the company and they help superior of the company to how they can
develop the strategies is just like as what the strategy is really. HR has an tools and ability to
provide a support to the company. They also provide knowledge full employees to the company
by their selection and recruitment method. They are able to understand the talent of the candidate
and right person for the right job (Bratton and Gold., 2017).
Keep culture top of the min as an enabler of strategy
Dysfunctional culture can be helpful to deliver the best strategies. Agriculture power can
able to enables the right strategic plan and vision. HR manger of the company is on the position
to drive the proper conversation about the current culture and how this culture may need to
evolve in the company to support the business strategy. The most successful HR mangers helps