Managing Human Capital and Leadership

Managing Human Capital
and Leadership

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................1
LR....................................................................................................................................................1
HRM Models...............................................................................................................................1
HR Functions...............................................................................................................................3
HRM Software Programmes........................................................................................................8
Characteristics of Effective Leaders............................................................................................9
CONCLUSION..............................................................................................................................11
REFERENCES..............................................................................................................................12

Abstract
This report titled ' Managing Human Resource and leadership' reviews the different HRM
theories and analysing the model used by the organization Air Malta for managing its human
resource. It also analyses the different human resource functions with respect to the initiatives
taken by the organization. The study works on identifying the number of HRM software
programmes available and its benefits and usefulness to the organization upon implementation.
Also, this study helps in identifying the effective leadership skills that is required to deal with the
problems faced by the organization. This report summarizes how human resources are managed
by Air Malta and implements effective leadership skills.

INTRODUCTION
Management of the human capital and leadership, these are major practices of an
organization. Where the top-level management of the organization employ some strategies and
competencies at their work place for systematically manage human capital and leadership
aspects. Human capital is basically people and employees of the any company which are put
their efforts in the company's business environment. Without human capital, no company can
achieve its goals in specific time period. On other side, the leadership is also one of the major
aspects within the company which work for lead a team or a group of employees with their
innovative skills. Human capital management included some steps where the company needs to
follow them at their workplace, like; select, hire, train, motivate, etc. In the any company all
employees are mostly divided into different teams. In which each team always need a team
leader. The major functions of the leader are, Guide, Motivate, Order, Listen, etc. to the
employees which comes under their command. This is discusses the human capital and
leadership management of the Air Malta. It is one of the leading airline companies in the Malta,
headquarters in Luqa, Malta. The company was founded in 1973. The Air Malta is currently
running its operations mainly in North Africa, Europe and the Middle East.
LR
HRM Models
As illustrated by Henderson (2017), human Resource model helps in understanding the
different roles of HR and what value it adds in an organization. Human resource models serves
various human resource needs and a detailed description of three most important models are
carried out. Approaches that can be used are hard and soft approach.
The Harvard Model (Soft approach): According to Kukreja Sonia (2019),this model
consists of six components of HRM. Air Malta use this method in managing its human resource.
It starts with stakeholders’ interest, which includes, employees, management, government,
shareholders etc. Next is situational factors that influences the stakeholders interest such as
management philosophy, labour market, laws and societal values etc. As per Latemore, Steane
and Kramar (2020), both stakeholders interest and situational factors affects and influence HRM
policies which includes the core HRM functions that is, recruiting, selection, training etc. When