Managing Human Resources of ABC

Added on -2020-07-23

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MANAGING HUMANRESOURCES
Table of ContentsINTRODUCTION...........................................................................................................................1TASK1.............................................................................................................................................11.1) Guest's model of human resource management...................................................................11.2)Difference between Storey's HRM definition, personnel and IR practices..........................21.3)Implications for line managers and employees in developing strategic approach................32.1)Application of model of flexibility in business practices.....................................................32.2)Types of flexibility................................................................................................................42.3) Usefulness of flexible working practices.............................................................................52.4)Impact of changes of labour market on flexible working practices......................................5TASK2.............................................................................................................................................63.1)Different forms of discriminations.......................................................................................63.2)Practical implications of equal opportunities in firm............................................................63.3)Comparison of different approaches of managing equality and diversity............................74.1)Various performance management methods.........................................................................74.2) Managing employee welfare................................................................................................84.3) Implications of health and safety laws.................................................................................84.4)Impact of a topical issues on HR practices...........................................................................9CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................10
INTRODUCTIONHuman resource is one of the major element in an organisation. It is very essential for themanagement of a company to take in consideration about each and every aspects that are relatedto the human asset of it. It has been realised that manpower are playing a very important role inthe development of a firm and they are also leading in enhancing the productivity and inattaining organisation's growth and development (Alfes and et. al, 2013).ABC is an IT company which is having employee of 200 in entire world. The companyis availing services to top 5 banks in United Kingdom. The banks to which ABC company isserving is now willing to expand its business. With the support of the company these banks willbe performing and expanding its operations and functions in new market place.In this assignment, several aspects of managing human resource management for the firmwill be studied. Models, theories related to manpower management and performancemanagement tools will be describing in this report that is to be drawn to the Board of directors ofABC company.TASK11.1) Guest's model of human resource managementHuman resource management is one of the major aspects that has to be considered byeach and every organisation so that they can be able to enhance firm's productivity and overallperformances. This is because manpower is playing an essential role in the growth of thecompany. There are several model that are used by company to manage the work force of it,Guest model is one of the technique and most reliable method. This model is based onprescriptive analysis as because it assumes that the human resource management is very differentfrom the traditional methods of personnel management system in a company. This is basicallythe core elements of the HRM approaches. This model is adopted by ABC organisation todevelop new and innovative strategies sop that manpower of it can be able to engage in theirwork and tasks that has been allotted to them (Kehoe and Wright, 2013). There are basic 6dimensions of this model they are-HRM strategy- In this, the model is very helpful in drawing several strategies that is veryessential in a company. Making strategies for employees are very much required asbecause this will lead in attaining effective outcomes.1
HRM practices- Human resource management practices are to be done in every firm asbecause this will lead in attaining organisational goals and objectives in most appropriateand effective manner. HRM outcomes- The result of the human resource management activities can be plannedout with the help and support of the Guest model of HRM (Crook and et. al, 2011).Behavioural outcomes- This models will also help in understanding the behaviouralpattern of the employees working in an organisation and according to that company canbe able to make more plans and strategies.Performance outcomes- This will lead in effective and appropriate outcomes by theemployees in their performances as well this is very helpful in attaining organisationproductivity in a positive way.Financial outcomes- This model is very supportive in obtaining large shares of profit aswell because as employees are managed in appropriate way them outcome will also be inpositive perspective and at the end profit shares will be in a very high ratio that companywill be getting with use of this model.1.2)Difference between Storey's HRM definition, personnel and IR practicesAccording to Storey human resource management is the strategy and an approach that isused by the management of a company for their manpower. As per his views, personnelmanagement is the system through which the company is able to manage its manpower. This isbasically concerns upon the implementation of the employment laws, recruitment and payrollmethods (Buller and McEvoy, 2012). John Storey's HRM modelDimensionsPersonnel and IRHRMGuide to management(Beliefsand assumptions)There are several procedures.It depends upon the needs ofbusiness.Behavioural referents(Beliefsand assumptions)Several norms and rules arefollowed.Whereas in HRM practices thevalues and missions areconsidered.Nature of the relations (Beliefsand assumptions)It is of pluralistic in nature.HRM is Unitarist in its nature.Corporate plans (StrategicCorporate plans here are onIn this plans are depended2

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