1IMPORTANCE OF HR IN BUSINESS SUCESS Organizational strategy of ABC Company The organizational strategy of ABC bank includes- ensuring extraordinary services to customers in all business aspects (Reilly & Williams, 2016). They also have the vision of ensuring that they look for people who combine expertise and talent in every branch, every town, every city and also every level. Moreover the employees of the companyare in direct contact with the customers. Identification of my goals My goal being a part of the HR team is to explain the importance of the role played by the HRM in business success (Kateb & Ahmadi, 2018). Identification of the key themes of the pitch Attracting, maintaining and developing top quality of employees are the key themes of the pitch. Importance of HR in ensuring business success of ABC Company It is necessary to align the HR strategy with the overall organizational strategy because it can help in achieving the organizational goals and strategies in a more effective manner through proper recruitment, orientation, training and management of the employee’s performance within the organization. HR Strategies have a major impact over the performance of the employees because it includes the reward and recognition strategies, the compensation strategies, the strategies for annual level and paid leaves and others. Therefore if these strategies are framed properlythentheemployeesfeelmotivatedandtheygivetheirbestforachievingthe organizational objectives. Once the employees feel satisfied and motivated to work then their quality of service to the customers will also improve and the company will be able to achieve its organizational objectives (Sousa& Leite, 2017). Moreover the company also has the vision of recruiting talented candidates who can combine their talent and expertise for delivering the best qualityserviceshoweveritisalsonecessarytoretainthesetalentedemployeesinthis competitive market scenario. Talented employees can be retained easily through a proper reward and recognition policy within the organization that is transparent and honest and also by having employees
2IMPORTANCE OF HR IN BUSINESS SUCESS engagement activities within the organization. The HR team is usually responsible for carrying out various employees engagement activities within an organization. Moreover if the employees of an organization are satisfied with their work and feel committed to the organization they can provide a sustainable competitive advantage to the organization and also help in achieving the organizational objectives more effectively and efficiently.
3IMPORTANCE OF HR IN BUSINESS SUCESS References Kateb, M., & Ahmadi, A. (2018). Aligning human resources and business strategy.Management Science Letters,8(12), 1399-1412. Reilly, P., & Williams, T. (2016).Strategic HR: Building the capability to deliver. CRC Press. Sousa, H. P. D. S., & Leite, J. C. S. D. P. (2017). Toward an organizational alignment modeling language: the Human Resource competency perspective.