Human Resource Management

University
HUMAN RESOURCE MANAGEMENT
Lecturer’s name:
Student’s name:

Human Resource Management
Table of Contents
Introduction...............................................................................................................3
Scope and purpose of the HRM.................................................................................3
Effectiveness of the key elements of HRM in any organisation..............................5
Internal and external factors affecting HRM.............................................................6
Conclusion.................................................................................................................8
Reference list.............................................................................................................9
Page 2 of 9

Human Resource Management
Introduction
The report deals with the management of the human resources management policies in relation to
the organisation that is Canary wharf, a leading firm. The report will analyse the importance of
human resource management in relation to the effectiveness of the human resource management
bodies that contributes in achieving the goals of the organisation. Initially, the report is about the
scope of the human resource management within an organisation that possess the potential of
fostering the organisational performance in terms of achieving the organisational goals that is
dependent on the performance of the employees who are who needs to be managed by the HRM
of any organisation and here the Canary Wharf. In this report, there are the discussion of the
effectiveness of the key elements of the HRM that are crucial to any organisation including this
one. The factors that work in affecting the HRM of any organisation are all included in this
report that gives the reader, here the CEO a clear view of the need of the HRM. further in the
report there is application of different HRM practises relevant for the organisation that is Canary
Wharf.
Scope and purpose of the HRM
Employees are an integral part of any organisation whose performance influence the propagation
of the organisational mission and vision in relation to the achievement of the organisational plans
and strategies (Armstrong and Taylor, 2014). Therefore, there is always a need to manage the
employees. Before the management, the most important thing is the proper sourcing of the
employees in relation to the criteria of the organisation. The HRM within any organisation serves
the purpose of sourcing proper potential employees who will prove asset to the organisation. The
HRM works a bridge between the organisation and the employees who need to look after the
benefits of both the employees and organisation. The organisation is benefitted by the high-level
performance of the employees and the employees are benefited by the rewards or the promotion
that is propagated by the organisation with the consultation of the HRM through the policies
created for the employees. According to Purce (2014), the HRM does not only work for the
organisation but plays a pivotal role in keeping the employees motivated for better performance
for the company and take care of the grievances of the employees in order to ensure satisfaction
within the employee.
Page 3 of 9