Managing Human Capital and Leadership

MANAGING HUMAN CAPITAL
AND LEADERSHIP

INTRODUCTION
Human resource and leader is very essential part of company. They both contributes in
success of firm.
Alf Mizzi & sons was setup in 2003. The company had its headquarter in Malta. It was
founded by Alf Mizzi who is the founder and CEO of company. The above report includes
related HR models that is helpful for company to manage its human resource and its
functioning. The report further carried forward with critical discussion on the function's of
HR. Identification and critical evaluation of various HR software program which are available
off shelf and further evaluating the one best out of theses which will be beneficial for company
to manage the HR functioning of company. Report ends with the discussion on characteristics
of effective leadership which can be used by leader for gaining the organizational success with
the help of relevant model.
TASK 1
HRM models
Models of HRM provides the framework which are analytical so that they can study the
management of human resources. There are four models of HRM
Model of Fombrum
Model of Harvard
Guest Model
Warwick Model
In this report guest model will be briefly discussed.
Guest Model-
This model was developed by David Guest in 1997 and claims to be specific and
productive as compared to other models. Managers need to make strategies that requires some
practice if they are executed in the company and this will give the company the results and
outcomes which they are expecting. The results in this aspect includes factors such as relation
with performance, rewards on financial basis and emphasis on behavioral performance of the
company (Sparrow, 2016). This state of model emphasize on management with an strategic
approach as compared to other models of HRM which focus more on areas of development
and management. This model is concerned with taking the needs of individual prior than only
putting focus on performance. On the basis of model given by guest. HRM of Alf Mizzi &

Sons is linked to the strategic management which will improve the structure and management
of the company. This model helps to find out the goals of the organization and achieve them as
it seeks commitment to goals. Of the company. The focus of this model is to look after the
needs of an individual than to look after the whole team of the company. It helps companies
such as Alf Mizzi & Sons to grow and establish their structure in market.
Hard and Soft HRM-
Both these approaches has some impact on the operations of Alf Mizzi & Sons in
positive and negative manner. Manager who implies the strategy of hard HRM is strict, works
on a rigid thought process which states that they work with employees in order to extract high
amount of profits.
Advantages of Hard HRM-
High amount of centralization, control over efficiency on a high level, more process of
standardization, high amount of equality between employees, diversity in culture etc (Young
and Jones, 2018).
Disadvantages of HRM-
Less efficiency in production, most of the people suffer from the issue of fatigue.
Soft HRM-
This approach helps the company to motivate the commitment of Alf Mizzi & Sons by
focusing on areas which concerns the workers of the company. Manager who implies this type
of HRM trusts their employees, more compassionate in nature, collects and listens to the
opinions of their team. They believe that employees of the company must come to work in
order to impress and make progress in their culture.
Advantages of Soft HRM-
High level of participation of employees, high amount of motivation to the members of
the team and high efficiency in the aspect of production etc.
Disadvantages of Soft HRM-
It takes out a huge amount of cost in the progress of skills, increase in pay scale,
development in training program etc.
Analysis Dimensions-
Model of Guest includes six dimensions of analysis which is implemented by Alf
Mizzi & Sons.