Managing Human Capital and Leadership

This report explores the concepts of human resource management, including HRM models, strategic HR initiatives, HR software programs, and effective leadership characteristics. The report focuses on the case of Whirlpool Company, a leading multinational company in America.

MANAGING HUMAN
CAPITAL AND
LEADERSHIP

Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
Define the HRM model..........................................................................................................1
TASK 2............................................................................................................................................1
Analyse the HR function in relation to strategic human resource initiative...........................1
TASK 3............................................................................................................................................1
HRM software programmes and its benefit to an organisation..............................................1
TASK 4............................................................................................................................................1
Discuss the characteristics of effective leader and leadership model.....................................1
CONCLUSION................................................................................................................................2
4: New marketing mix actions to achieve gaps between Vodafone present marketing strategy
and external environment.......................................................................................................3

INTRODUCTION
Human resource management refer to the process of hiring as well as developing the staff
in order to acquire the necessary skills and grow business successfully (Shields and et.al., 2015).
HR professional make significant effort to maintain the smooth functioning of business by
resolving the internal disputes and encouraging the team member to achieve the shared objective
through cooperation. To better understand the report Whirlpool Company has been selected
which is leading multinational company of America. It offer various type of home appliances
like refrigerator, air conditioner, washing machine, microwave, oven and so on this helps to fulfil
the need of the customer in both National and international market. This report covers following
topics such as HRM model and analyse the approach of company for the management of human
resources. Analyse various human resource function in relation to human resource initiative
(Leitch, McMullan and Harrison, 2013). Moreover, evaluate the human resource management
software programme which could be beneficial for the organisation. Further, characteristic of
effective leader for the success of business are covered in this report.
TASK 1
Define the HRM model
TASK 2
Analyse the HR function in relation to strategic human resource initiative
TASK 3
HRM software programmes and its benefit to an organisation
TASK 4
Discuss the characteristics of effective leader and leadership model
Fiedler’s model of leadership
This model is based upon the leadership style as per as external situation that helps the
person to become a leader. Fiedler conducted a survey known as LTC that is Least Preferred Co-
worker which consists of some adjectives like pleasant and unpleasant, determined and not
determined the respondents were asked to fill the service for leader. Moreover, this model
assumes that leadership style does not change with change in situation. If LPC score is high that
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means leader is relationship oriented whereas if the LPC score is low then the leadership is task
oriented leadership. Hence, there are three different situations that are described below:
Leader member relationship: It is referred as the degree to which the leader-member
relation is effective. Further, member trust the decision as well as personally respect their leader.
Task structure: It refers to the degree to which the tasks of the job assigned are
structural and unstructured.
Positional power: The degree to which leader can hire promote as well as fire their
employee full stop.
Therefore, these are the three situation based on which leadership style is adopted to gain
the best possible outcome (Schweizer and Patzelt, 2012) .
Task oriented leadership style: It include the situation where leader and member
relation is desirable their task is structure as well as leader have the position to promote or
demote the employee in that case task oriented leadership styles work more efficient in
comparison to relationship oriented leadership style.
Relationship oriented leadership style: Whereas, on the other situation the relationship
between leader and member is undesirable or poor but their task is highly structured and leader
have high position power in that case relationship oriented leadership style works wonder (Kellis
and Ran, 2015).
Thus, on the basis of combination of various situations Fiedler’s model defines which
leadership style can perform better and in which situation to enhance the profitability as well as
productivity.
CONCLUSION
From the above report it has been determined that human resource management is an
essential part of management that manages the employee, working culture as well as the
environment. There are various HRM model that helps the business to operate significantly along
with that the manager of human resource perform various function like recruitment, staff,
training, provide the compensation and benefit to the employee that helps to liaison the
relationship between employer and employee. To perform the task of business effectively
various software such as centralised database helps to maintain the record of all employee.
Therefore, the trait of successful leader helps to overcome the issues and carry forward the
business effectively.
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