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Managing People in Organization

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Added on  2023-01-11

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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.

Managing People in Organization

   Added on 2023-01-11

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MANAGING PEOPLE IN
ORGANIZATION
Managing People in Organization_1
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
Managing People in Organization_2
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
employees to meet organizational needs (Rahaman and Roy, 2018). HR department is
accountable for assessing and recruiting talented applicants to fill open vacancy within
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-
Skilled performance administration promotes worker engagement and as outcome
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
Managing People in Organization_3

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