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Human Resource Management Analysis

   

Added on  2020-01-23

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HUMAN RESOURCEMANAGEMENT
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TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................11.1...........................................................................................................................................11.2...........................................................................................................................................21.3...........................................................................................................................................31.4...........................................................................................................................................3TASK 2............................................................................................................................................42.1...........................................................................................................................................42.2...........................................................................................................................................52.3...........................................................................................................................................62.4...........................................................................................................................................7TASK 1............................................................................................................................................81.1...........................................................................................................................................81.2...........................................................................................................................................91.3...........................................................................................................................................91.4.........................................................................................................................................10TASK 2..........................................................................................................................................112.1.........................................................................................................................................112.2.........................................................................................................................................122.3.........................................................................................................................................132.4.........................................................................................................................................13TASK 3..........................................................................................................................................143.1.........................................................................................................................................143.2.........................................................................................................................................153.3.........................................................................................................................................16TASK 4..........................................................................................................................................184.1.........................................................................................................................................184.2.........................................................................................................................................194.3.........................................................................................................................................20CONCLUSION..............................................................................................................................21
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REFERENCES .............................................................................................................................22
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INTRODUCTIONHuman resource management (HRM) is a set of systems and mechanisms utilized toadminister and manage the most valuable and prominent resource of organization i.e. employees.HRM is the term which determines tools and procedures devised for the management ofworkforce in corporation (Armstrong, 2012). HR managers play the most significant role inconcerned major areas in organisation like recruiting, social welfare of employees and providingsalaries to them, etc. It is the duty of HR manager to find the most compatible, skilled andpotential candidates for company. Main motive of HRM is to develop, enhance and side by sidedivert the efficiency and potential of workforce in the right direction in order to have a rise inproductivity and to achieve the desired goals. Present scenario is based on the analysis done on amultinational retailer of clothing which is Marks and Spencer (M&S) with a mission statement of“Good quality for the penny” whereby penny turned Bazaars into Stores. The present reportconstitutes difference between personnel and human resource management. Further, the effectsof legal and regulatory framework on HRM is evaluated. Moreover, effectiveness of recruitmentand selection techniques for organization are explained (Pynes, 2013). TASK 11.1Human resource management is the latest version of personnel management. The belowexplanation contains Aldi stores which has adapted personnel management approach and on theother hand, Marks and Spencer uses HRM for the management of organization. Following arethe differences between these two mentioned approaches which is elaborated for bothcorporations:Personnel Management (Aldi Stores)Human Resource Management (M&S)This approach is the traditional form ofmanagement which has been adopted by Aldisores (Perkins and Arvinen-Muondo, 2013).HRM is a modern tool of managing workforcein organization which is used by M&S. The concept emphasises on administration,employee’s welfare and labour relation.On the other hand, it focuses on acquisition,development, maintenance and motivation ofresources in corporation.It assumes workforce as an input to derive theThis concept considers people as an important
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desired outputs.and valuable asset for achieving the expectedresults (Snell, Morris and Bohlander, 2015).
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Employee’s satisfaction is the priority of thismanagement system.This approach undertakes administrativefunctions for the achievement if goals.Training and development sessions are notprovided properly in this system.More training and development is provided ascompared to the traditional concept.Personnel management focuses on increasedproduction and satisfied employees.HRM focuses on effectiveness, culture,productivity and employee's participation.1.2Main purpose of HRM is to accomplish the organizational goals with keeping employeeshighly motivated and satisfied. Therefore, resources are mobilized to achieve such goals. Role ofthis management system for M&S is explained as below: Effective utilization of resources: HRM teaches the way to utilize human and non-humanresources in an organization in the most effectual manner to attain the desired objectives andgoals. As Marks and Spencer is a multinational brand, it has adapted HRM system in order toeffectively utilize the potential of workforce to ensure that specified goals will be achieved ontime. It is essential for the organization to use human resource in an optimum manner (Snell,Morris and Bohlander, 2015).Goal harmony: HRM bridges the gap between individual and organizational goalsthereby resulting in good harmony. If a goal difference occurs, employees will not be willing toperform well. Hence, a proper balance should be maintained between both kinds of goals inorder to utilize the organizational resources effectively and efficiently.Employee satisfaction: HRM is a prime factor which is liable for the satisfaction ofworkers within organization. This management system in M&S organizes many activities foremployees and takes cares of the welfare of them with creating a favourable environment inorder to ensure that workforce in the organization is satisfied.Organizational productivity: M&S has adopted HRM which helps the organization inattainment of higher productivity and ultimate utilization of available resources which leads toachievement of organizational goals (Azmi, 2009).1.3Recruitment and management of employees is carried out by line managers. As Marksand Spencer is a multinational retailer, it operates the business at a large scale. Organization has
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