(PDF) Human Resource Management
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Added on 2020-11-12
(PDF) Human Resource Management
Added on 2020-11-12
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Managing Human Resource
Table of ContentsINTRODUCTION ...........................................................................................................................1Main Body........................................................................................................................................1Explain how the ‘Resource Based View’ can be adapted to Human Resource Management tohelp deliver competitive advantage and organisational success, using examples of ‘goodpractice’ by organisations to support your argument..................................................................1Analyse two major threats currently facing organisations operating within the UnitedKingdom labour market, using evidenced examples as part of your critical assessment............4CONCLUSION................................................................................................................................7REFERENCES.................................................................................................................................8
INTRODUCTION Managing human resource is defined as the procedure which is executed by the managersfor managing or regulating the workforce of the firm in effective manner. In addition, it is an actof managers in which they have to handle the workforce of firm so that their efficiency can beimproved that leads the organisation towards growth and success. It also consists several aspectslike planning or allocating of resources, recruitment and selection of highly skilled and efficientemployees, providing guidance to the employees etc. Managers also develop an effectiveenvironment at workplace for their employees so that they highly dedicated and provide theirmaximum contribution for achievement of organisational goals. Managers of organisation haveresponsibility to identifying the gap between expected and actual performance level so thattraining and development programmes can be arranged for gaining better contributions fromthem. Present assignment will describe about the resource based view along with analysingmajor threats which are faced by organisations in current time within the UK market.Main BodyExplain how the ‘Resource Based View’ can be adapted to Human Resource Management tohelp deliver competitive advantage and organisational success, using examples of ‘goodpractice’ by organisations to support your argumentHuman resource can be considered as the most valuable part of an organisation becausewithout their efforts any firm can't achieve its desired goals or objectives within the given time-frame. They have also duty to use their specific skills or knowledge so that human resources oforganisation should be managed or provide maximum contributions for achievement oforganisational goals. For this, HR managers have duty to fulfil the requirements of skilled andefficient employees of organisation and guide them with the help of various HR practices likerecruitment, training, rewards and compensation etc. Present essay will discuss the roles of HRpractices in supporting and developing the organisation so as to gaining competitive advantage.Apart from that, Human resource department is the division who works for theorganisation and use its skills and efficiency so as to retaining the employees for long time andtaking better contributions from them (Stone, 2013). HR managers have also duty to providetraining to their employees on regular basis so that their maximum contributions or efforts wouldbe gained for achievement of predetermined goals of firm. In order to enhancing efficiency and1
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