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Advantages of Developing HR Function for PineApps Ltd

   

Added on  2022-12-27

9 Pages2624 Words36 Views
Talent Management

Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
On the basis of academic literature, discussion along with evaluation on advantages for Pine-
Apps Ltd in developing own HR function...................................................................................1
TASK 2............................................................................................................................................2
a. Evaluation of role of performance management system..........................................................2
b. Explanation on how a performance management system can be implemented with other HR
processes for improving organisational performance at Pine Apps Ltd......................................3
TASK 3............................................................................................................................................4
a. Explanation of the ways performance management system can be used for improving
employee commitment along with engagement at Pine-Apps Ltd..............................................4
b. Identification of challenges that may face using the system as well as proposing the ways
these can be overcome or managed.............................................................................................5
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................7

INTRODUCTION
Talent management is delineated to a methodically organised and strategic process for
getting adequate talent on board as well as assisting them to develop their optimal capabilities by
considering organisational objectives (Collings, Scullion and Caligiuri, 2018). Key purpose of
managing talent is to identify, recruit as well as retain people that plays key part in driving
business success. In all ventures, management of talent is a top priority as it is strategic process
to look forward for people entities that understand the aspect that performance of enterprise is
dependent on their workforce. For the assessment, Pine Apps Ltd is considered organisation. It is
a technology start-up venture which was established by Tim Garrix along with Georgina White
cross in the year 2018. In minimum duration of period, huge success in form of development of
apps and revenue generation is attained by the organisation.
The assessment includes discussion along with evaluation of advantages for the company
to develop their own human resource function. It further evaluates role of performance
management system and ways to implement the system with other HR processes. Moreover, the
assessment explains how performance management system could be used for the purpose of
employee commitment along with engagement.
TASK 1
On the basis of academic literature, discussion along with evaluation on advantages for Pine-
Apps Ltd in developing own HR function
As per (Gupta, 2019), HR function plays essential role in existing dynamic business
environment. It is concerned with managing people at work for attaining better performances. In
context to Pine-Apps Ltd, human resource function focuses towards effective administration of
all staff and assist the venture to gain competitive edge. Key role of human resource function is
to maximise performances and productivity of each employee in service of strategic objectives of
an individual. It is a management function that deals with all types of issues associated to
employees including hiring, development, compensation, communication, administration and
hence forth. To develop HR function, various strategies are adopted by managers of company so
that they result in contribution towards identified heights in the dynamic market. For the startup
business, HR function can be developed through establishing organisational design,
implementing effective procedures of on-boarding as well as recruitment, outlining regulations

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