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Managing Human Capital and Leadership Assignment - Vodafone

   

Added on  2020-10-23

16 Pages5070 Words280 Views
Managing HumanCapital and leadership

Table of ContentsINTRODUCTION...........................................................................................................................1Task1................................................................................................................................................1HRM models, analyse the approach of the company to management of human resource.........1Task2 ...............................................................................................................................................5Industry’s HR functions that relates to strategic human resource initiatives and itsrecommendations ......................................................................................................................5Task 3...............................................................................................................................................9Evaluation of HRM software programs which are available off the shelf .................................9Task4................................................................................................................................................9Characteristics of a effective leader ...........................................................................................9CONCLUSION................................................................................................................................9REFERENCE.................................................................................................................................10

INTRODUCTIONHuman capital management is the collection of practices that relates to people resourcemanagement. These practices mainly focused on enterprises needs and wants, then make effortsto complete the needs. The main aim of human capital management is to meet with needs ofcustomers and provide satisfaction. A human resource manager plays basic function such asoverseeing department and managing employees. Human capital management understand theproblems of workers and provide them training and development programme that help to retainthe workforce (Ahrens, Landmann and Woywode, 2015). To understand this, Vodafone Maltahas been taken that is mobile network operator and subsidiary of British internationaltelecommunication organisation. The present report will focus on HRM models, approachanalysis, organisation HR's function that help to make strategic planning and relevantrecommendation that help to improve the performance. Apart from this, report will discuss aboutcharacteristics of a leader, HRM software programmes that are available off the shelf. Task1HRM models, analyse the approach of the company to management of human resourceHuman resource management is the formal system which is used to manage the peoplewithin an organisation. It help to provide the clear information in order to work effectively andincrease the profitability. The main purpose of Human resource is to understand the problem andmake efforts to solve the issue that help to retain the employees for long period of time. TheHuman resource model provides analytical framework that helps in studying and understandinghuman resource management (Akingbola, 2015) . The Warwick model This model is developed by Hendry and Pettigrew in 1990s. It is formed to analysis thehuman resource management in order to emphasis on recognizing the impact of roles of humanresource function on human resource strategy content. The researchers focuses on defining theinternal needs and external needs and fulfil it in order to provide satisfaction. This modelscontains five interrelated elements that evaluates how external factors impacts on internaloperation of Vodafone Malta. It reflects on open system theory of enterprises thinking. Thebenefit of this model is that it identifies and classify most important environmental influences on1

HRM practices. This model help to understand that how it affects the external and environmentalfactors of Vodafone Malta company (The Warwick Model 2013). Elements of Warwick Model Illustration1 1: Source: The Warwick Model 2013HRM contents: This content involves Human resource flows, work system, employeerelation and reward system that help to retain employees for long period of time. Such as inVodafone Malta, the HR manager focuses on work system and solve employee's problems thatmake feel them good and retain for long term (Brinckmann and Kim, 2015).Business strategy content: This means organisation should make strong businessstrategy that help to run a business effectively and grow continuously. It considers productmarket, objectives of business strategy and tactics which are developed by human resource2

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