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Managing Human Capital and Leadership - Assignment

   

Added on  2020-07-23

14 Pages5171 Words31 Views
Leadership ManagementProfessional DevelopmentHigher Education
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Managing Human Capital
and Leadership
Managing Human Capital and Leadership - Assignment_1

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................1
TASK 1 Model of human resource management used in Nandos...................................................1
TASK 2 Recruitment and selection process of human resource management in Nando's..............3
TASK 3 Approach to human resource development.......................................................................6
TASK 4 Classical theories of motivation........................................................................................8
TASK 5 Characteristics of effective leaders..................................................................................10
CONCLUSION..............................................................................................................................10
REFERENCES..............................................................................................................................12
Managing Human Capital and Leadership - Assignment_2

INTRODUCTION
Human Resource Management (HRM) is the term used to determine formal systems
devised for the management of people within an organisation. Human capital management is the
comprehensive set of the practices for recruiting, managing, developing and optimizing the
human resources of the company. HRM is the backbone of the organisation and it plays a very
important role in any of the company. Each and every organisation should provide some
important task to the human resource management. The present report is based on Nandos
Company and it is the international casual dining restaurant chain in South Africa. In this
present report, models of human resource management and recruitment process are covered.
Along with this, selection process of HRM and approaches of the Human Resource Development
(HRD) are discussed. Moreover, in this report classical theories of motivation and characteristics
of effective leaders are discussed.
TASK 1 Model of human resource management used in Nandos
Models of HRM provide an analytical framework for studying human resource
management and development. They provide the characterization of HRM that establishes
variables and relationship to be researched. Through it, they can understand the world for
determining the nature and significance of key HR practices. There are different types of models
which can be used in Nandos organisation. This company is providing their effective restaurant
services in South Africa. Along with this, it is the largest chain organisation and they want to
expand their business in more areas. However, they want to change their human resource policies
and management, so they can improvement in the company's environment and employees
(Chatterji and Patro, 2014). There are four models have been identified on HRM and all these
serve many purposes. These models are given below:
The Fombrun, Tichy and Devanna model: - This is one of the important and effective model
which can be used by the organisation. Being the first model, this emphasizes just four functions
and their interrelatedness. The four functions of this model are selection, appraisal, development
and reward. This model is only the focus on the four functions of the human resource
management however it can impact on the HR functions. This model of the human resource
management play the important role in the organisation, but with this model they are not able to
focus on another functions of the human resource functions. Through this model Nandos
1
Managing Human Capital and Leadership - Assignment_3

Company can use these four functions in the business. Other than that, they can use this model
with another effective models, however they can able to focus on entire functions of the human
resource management. This model makes appropriate process of the selection, appraisal,
development and rewards. There are different types of employees and department in the
organisation. When human resource team hire the people as employees of the organisation, then
they should provide them effective development according to model. However, they can able to
increase their information, knowledge, abilities and skills. This model is based on the
development of the employees, business and company. So, they can able to provide their
productivity to the organisation. Through this model, human resource management can select the
best people in the organisation and other than that, they can do the better appraisal of the
employees. Moreover, development and reward are also the effective function of the human
resource management. Nandos Company should use this model in their organisation, so they can
able to provide effective products and services to their customers. Through restaurant business,
they can provide accurate and appropriate services to their customers (Morris and Bohlander,
2015).
The Harvard model: - Another important model of the human resource management is the
Harvard model which can be used by the Nandos organisation. The Harvard model is based on
the six critical components of the human resource management. The dimensions include in the
model are stakeholder, situational factors, interests, human resource management policy choices,
human resource outcomes and long term consequences. Through this model, they can establish
the effective human resource management in the organisation. HRM policies are very important
in he company , because through it they can provide effective training to the employees. human
resource flow, reward system and work systems of the organisation. In the human resource
management outcome, they can include commitment, competence, congruence and cost
effectiveness. Human resource management consider the all points in the company then make
some effective decision. However, organisation should use this type of model in their company,
so they can able to manage good human resource team and able to increase their brand value in
the entire market. On the other hand, Nandos Company can expand their business in different
types of locations, so people can get the effective products and services of the restaurant
business.
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Managing Human Capital and Leadership - Assignment_4

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