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Strategic Human Resources

   

Added on  2023-03-31

8 Pages1230 Words281 Views
Running head: STRATEGIC HUMAN RESOURCES
STRATEGIC HUMAN RESOURCES
Name of the Student
Name of the University
Author Note

1STRATEGIC HUMAN RESOURCES
Task 1
a) Completion of the task has enhanced my learning about the human resource management
issues, which the organization is facing. These are- low motivational rates, high rates of the
attrition among others.
According to my opinions, the organization should aim at the proper strategic
formulation for the development of the human resources within the organization. This should
aim at the provision of motivation and encouragement to extract the required labor from the
staffs.
I feel that one of the striking issues in this context is the lack of audit processes in the
human resources, which aggravates the complexities in terms of achieving positive results. I am
really concerned that negligent approach towards strategic planning would act as a threat in
terms of maintaining the integrity of the workplace culture. This would, in turn, add vulnerability
in the market position. Herein lays the importance of audit, which would help in systematizing
the operations.
B) In the Human resource management, the personnel need to take care of the requirements
posed by the staffs (Ibrahim & Zulkafli, 2016). Within this, the important parameters, which
needs special attention are as follows:
Strategic management
Wage
Cost benefit analysis
Risk assessment
Assets and Liabilities

2STRATEGIC HUMAN RESOURCES
Training and development
Employee satisfaction
c) I have learnt that audits are necessary in terms of evaluating the feasibility of the strategies
planned. The following is the sample, which has been reported:
Areas Results
Capital budget Overexploitation of the resources
Management information systems Improper strategic planning
Staff payroll Discrepancies in the wages
Health and Safety High rates of absenteeism
Table 2: Audit for XL-IT
(Source: created by the author)
d) Audit benefit identification
I have learned that the benefits, which can be achieved through the audit are:
Revision of the budgets
Strategic planning for knowledge management
Revising the Wage Distribution policies and practices
Revising the Health and Safety Practices
Key risks:
Overexploitation of the resources
Improper use of the knowledge management systems
Errors in the wage distribution

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