This article discusses the function of strategic human resource management in organizations and evaluates its effectiveness in supporting competitive advantage. It covers topics such as talent acquisition, performance management, training and development, and employee relations.
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MANAGING PEOPLE IN ORGANIZATION
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Table of Contents INTRODUCTION...........................................................................................................................2 MAIN BODY..................................................................................................................................2 Function of strategic human resource management.....................................................................2 Effectiveness of HRM function in supporting competitive advantage of organizations.............4 CONCLUSION................................................................................................................................6 REFERENCES................................................................................................................................7
INTRODUCTION Strategic HRM encompasses traditional human resource functions of screening, hiring, interviewing and recruiting workers also works with overall organizational strategy to achieve business aims. The current study explains function of strategic human resource management from theoretical perspective and evaluates their effectiveness in contributing competitive benefits of companies. MAIN BODY Function of strategic human resource management Talent acquisition or recruitment- It is by far the most essential function human resource teams perform in retail sector organizations. Talent acquisition refers to the procedure of acquiring and determining skilled employeestomeetorganizationalneeds(RahamanandRoy,2018).HRdepartmentis accountableforassessingandrecruitingtalentedapplicantstofillopenvacancywithin companies. Team recruits candidates for all the area of operation in timely and cost effective manner. People are seeking to get job opportunity in retail sector. To recruit skilled and knowledgeable candidates in organization, HR department used different types of methods which are quite beneficial for them as well as business growth. By recruiting and hiring right applicants, human resource management and their team members build an effective & strong workforce. Internal and external recruitment methods are used by recruiter within companies to hire people in workplace. For example, HRM determine requirement for filling vacancies and open job position in work area that need to fill by creating effective recruitment plan. With the help of recruitment agencies management hire talented people with right skills and appropriate knowledge. Performance management and appraisal- Skilledperformanceadministrationpromotesworkerengagementandasoutcome improves financial performance and productivity. It considered as procedure of reviewing a workers abilities and activities during preceding period and deciding where applicant stands as
far as its co-worker in same band are concerned (Merikhi and Zwikael, 2019). It defined as communication procedure by which human resource manager and workers work together to plan, review and monitor a staff work objectives & overall contribution to companies. Performance management is continuous process of coaching, monitoring and planning people activities. It helps to build effective workforce and enhance productivity level rather than before. HR management and their co-workers within organizations design and implement workers appraisal programs and then use it at outside to assure best practices. Performance appraisaland managementworktowardscreatingpositiveatmospherearoundworkareathatenhance motivational level of staff rather than past few years. Usually this procedure starts a month before appraisal cycle finish, which is quite beneficial for business growth. Appraisal process can be half yearly or end of the year depend upon policies of firms. Training and development- Along with above function of strategic HR management, T&D is another practice conducted by human resource manager to build strong workforce in workplace who are capable to work effectively. Engage people care about their jobs and organizations they work for, wanting them to succeed (Jabbal and Baxter-Jones, 2017). This type of behavior has a directly influence on profitability and therefore productivity. It is one of the best function, attempt by HRM and its team to improve existing and future staff performance by increasing as well as improving their current knowledge rather than before. It is any effort to make better team by enhancing abilities of staff to perform through learning, mostly by changing people attitude or maximizing their knowledge & skills. HR manager with the help of this function build strong team or group of people with effective capabilities. Human resource manager create plan and administer programs to assure that workers have skills to compete efficiently and meet business aims & objectives. It can be defined as process where experienced employee with help of their staff undergoes different training programs to enhance abilities and obtain new understanding. Employee relations- Human resource manager in employee relations is crucial in retail sector, in every organization it commonly affect business bottom line and financial performance (Gosavi, Garud
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and Bisen, 2018). It simply defined as strong relationship between junior and senior. Workers always want to feel good about what they do & where they perform. It can be influence by many components, all of which affect strategic balance between staff and employers. Building a effective and strong employee connection strategy includes making environment that deliver what individual want. Good employee relations technique will affect employee engagement, thus resulting in better business performance. There are several methods accessible for HRM that they can use in context of operating and managing this function in systematic manner. Employee relationsbringmanybenefitsthatwilldiscussedbelowwhichisquitebeneficialfor organizations in term of increasing operational efficiency. It is a division of firms HR section that caters oversight and direction for staff related matters like medical leave, informal employee complaints, discrimination claims and unemployment. Effectiveness of HRM function in supporting competitive advantage of organizations Competitive benefits distinguishes a organization from their business rivals, it contributes to increase profit, higher prices, brand loyalty and more consumers. Establishing such a benefit is one of the most essential aims of any firm, because without gaining competitive advantages organizations will find it very difficult to survive and sustain for longer within specific sector for longer period. At that situation, HRM function play vital role as they make a powerful team of skilled applicants. The effectiveness of human resource management function following are- Efficiency of training & development- As discussed above, this function is quite beneficial but it also helps in supporting competitive advantages of companies by performing with better and most appropriate skills. The main objective of T&D is to better quality of existing as well as new staff members because it makesthemstronger ratherthanbefore andallowcontributingin achievingcompetitive advantages (Davis and Simpson, 2017). There are varied benefits comprised with this function of HRM that increase productivity of companies to gain competitive benefits. It helps to increased job satisfaction, employee’s motivational level, efficiencies in procedures, ability to adopt and workwithadvancedtechnologies.Allthesethingscreatepositiveworkenvironmentat workplace that drive people towards gaining business aims, objectives and also allow them to supportachievingadvantagesbeingcompetitive.Forexample,aftergettingtrainingand
development sessions workers feel stronger and able to contribute in competitive environment as result increase profit margin. Effectiveness of recruitment- Just like the other function of strategic human resource management, this action is also beneficial and effective as it helps to build powerful workforce who are always ready to take part in gaining competitive advantages and beat competitors available in specific sector with quality services and products produce for target market. In context of supporting in competitive benefit of firms this function work really very well (Tato-Jiménez, Buenadicha-Mateos and González- López, 2019). As it helps to increase performance level which make existing employees capable to support in achieving business aims and gain competitive advantages. When manager of HR department recruit the right applicant and place them at right vacancy with all the facilities that candidate can use to perform much better than before. With recruitment plan human resource section and its team hire the most knowledgeable and talented person who contribute in overall business performance as result increase profitability, strengthen brand image within market place and satisfy the needs of consumers. Usefulness of performance appraisal function- It is another effective action conducing by Human resource manager for enhancing performance level of workers rather than past few months. It is beneficial for assessing abilities of employees and improving their activities in workplace (Bayo-Moriones, Galdon-Sanchez, and Martinez-de-Morentin, 2019). Performance appraisal makes manager able to find out tasks or areas in which applicant is competent. Staff get appraise according to their manager of senior for performing effectively as outcomes increase profit margin, generate more revenue and support to gain competitive advantages. It helps human resource department to assign right roles accordant to traits and skills of employees as it enhance motivational level and inspire people to work much better than few month ago. When senior without making any difference appraise their staff, it contribute in creating positive work culture or atmosphere in workplace that allow all member to perform for achieving organizational goals. Effectiveness of employee relation-
The key to growth and success for any firm is strengthening employee engagement, it improves business performance and aids to retain skilled applicants because engaged people are usually satisfied with their accountabilities, jobs and take pride in firms & trust their employer values their workers contribution. Highly engaged candidates are much less likely to quick companies and seek to gain competitive advantages for organizations as well as more seek to be productive that is very beneficial for organizational growth. For example, human resource manager design user friendly job that will increase autonomy & effectiveness of employee engagement. Employers take the opinion of their employees while taking decision in context of creating plan for achieving business objectives. CONCLUSION From above analysis it has been concluded that human resource manager play vital role in companies as they are able to build strong workforce or team who are capable to contribute in achieving businesses aims as well as competitive advantages.
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REFERENCES Book and Journals Bayo-Moriones, A., Galdon-Sanchez, J.E. and Martinez-de-Morentin, S., 2019. Performance appraisal: dimensions and determinants.The International Journal of Human Resource Management, pp.1-32. Davis, P.J. and Simpson, E., 2017. Resource-based theory, competition and staff differentiation inAfrica:Leveragingemployeesasasourceofsustainedcompetitive advantage.American journal of management.17(1). Gosavi, A.A., Garud, A.S. and Bisen, K.B., 2018. “How is Employee relations in Industry and Emerging Technology to sort out. Jabbal, A.S. and Baxter-Jones, A., 2017. Does High Intensity Interval Training Improve Aerobic PowerDevelopmentMoreThanEnduranceTraining?.USURJ:Universityof Saskatchewan Undergraduate Research Journal.3(1). Merikhi, E. and Zwikael, O., 2019. An Integrated Project Evaluation Framework: Appraisal, Monitoring and Performance Judgement. InAcademy of Management Proceedings(Vol. 2019, No. 1, p. 16416). Briarcliff Manor, NY 10510: Academy of Management. Rahaman, A. and Roy, N.C., 2018. The Changing Dynamics of Talent Acquisition: An Indian Perspective. Tato-Jiménez, J.L., Buenadicha-Mateos, M. and González-López, Ó.R., 2019. Evolution and Sustainability of Benefits Offered to Employees in On-Line Recruitment.Sustainability. 11(16). p.4313. Online 7 HUMAN RESOURCES FUNCTIONS THAT PRODUCE RESULTS IN MANUFACTURIN. 2020.[Online].Availablethrough:<https://www.acrecent.com/7-hr-functions-that- produce-results-in-manufacturing/>