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Managing Human Capital And Leadership | Assignment

   

Added on  2020-12-26

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MANAGING HUMANCAPITAL AND LEADERSHIP

Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1 ...........................................................................................................................................1Description on HRM models and analyse the approach to human resource management..........1TASK 2 ...........................................................................................................................................3Critically discussion on the organisations HR functions in relation to strategic human resourceinitiatives......................................................................................................................................3TASK 3............................................................................................................................................6HRM Software.............................................................................................................................6TASK 4............................................................................................................................................8Characteristics of effective leader................................................................................................8CONCLUSION .............................................................................................................................11REFERENCES..............................................................................................................................12

INTRODUCTIONHuman resource management defined as process of recruiting, selecting, providingorientation and to impart the training and developmental activities. This is defined asmultidisciplinary subject and this term mainly used in proper utilisation in available skilledworkforce (Cascio, 2015). Therefore, human resource management is one the strategic approachto the effective management and this also leads to gain competitive advantage. Thus, HRM playsthe strategic role in managing people and culture and environment of the workplace. The present report is based on the business activities of Hotel Marriott, largest chain atthe global level. Therefore, it is an American based multinational diversified hospitality companythat manages the hospitality services to the customers. Furthermore, report will cover the following activities as models of HRM, approach tocompany human resource, critically discussion on organisation functions of HR and evaluationon the number of HRM programme. Lastly, firm needs to discus the characteristics of theeffective leadership. TASK 1 Description on HRM models and analyse the approach to human resource management.Human resource model defined as role of HR in the business. This is the systematicmethod to carry out the business activities in the one proper direction. Thus, model of HRdefined in following manner as- Hard and soft HRM model- This is model that is comprise of the two tool as hard and soft. Inthis, Hard mainly emphasize over calculative, quantitative and business strategic aspects ofmanaging the human resource (Chen and et. Al., 2016). Therefore, the soft HRM mainly focusesover the tools as communication, motivation and leadership. Fomburn model of HRM- This is the first model and this mainly put their significance over thefour function and their interrelatedness. Therefore, these functions are as selection, appraisal,development and rewards. This model can helps to have contribution in the organisationaleffectiveness. Harvard model- it is the model that claims to be comprehensive and in this HR manager has thespecific strategies that demand the certain practices and executed will results in the properoutcomes. Therefore, mainly this outcomes focuses over behavioural, financial rewards andperformance related terms.1

Guest model- The outcomes of this model is related with behaviour performance and financialrewards. It mainly put consideration over the HR strategy, HR outcomes, HR practices,behavioural outcomes, performance results and financial consequences etc. This is the model thatis perspective in nature and based on assumption that HRM is distinctively varied from thetraditional personal management (Joo, Lim and Kim, 2016).Warwick model- The main strength of this model related with identifies and classifies crucialenvironment influence on HRM. Therefore, it takes he cognizance of business strategy and hrpractices. This takes place that inclusive of transaction between changes in both external andinternal content. This model inclusive of five elements as- Outer contextInner contextBusiness strategyHRM contextHRM contentApproaches to human resource management- The one of the crucial role is to practically and effectively implementing the organisationHR strategy. It provides the transparency for the employees and managers. This also helps theemployees to create the positive organisation culture. There are number of approaches to humanresource management as- Humanistic approach- It is an approach that put their major focus over the empathy andstresses the good in behaviour of human (Renz, 2016). This is an approach that allows to focuson ways to bring improvement in individual self image and self actualisation. Thus, the main aimof this approach is to develop a stronger, healthier connection with employees as well customers.Managerial approach- This is an approach that relates with the managing the all kind ofworking within the enterprise. It is an approach that aids to bring improvement in the relationshipof the employees and managers (Mayo, 2016). With help of this approach, the main objecttowards the enterprise can be achieved and better things can get done by having effectiverelationship within employees. System approach- This is approach that commonly used to make evaluation in the marketelements that hugely affects the profitability of the business. Henceforth, system approachconsists of components as elements and processes. Thus, system approach stand on the2

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