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BUSM 3310 - Human Resource Management Assignment

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Royal Melbourne Institute of Technology

   

Human Resources Management (BUSM3310)

   

Added on  2020-03-04

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The human resources are the most significant resources of the organization. Over the years, it has been realized that the success or failure of a business organization is dependent upon human resources. This present paper will discuss the importance of evaluation in performance management. Along with it, it will also discuss the importance of management development of the organization.

BUSM 3310 - Human Resource Management Assignment

   

Royal Melbourne Institute of Technology

   

Human Resources Management (BUSM3310)

   Added on 2020-03-04

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Running Head: HUMAN RESOURCE MANAGEMENT 1Human Resource Management
BUSM 3310 - Human Resource Management Assignment_1
Human Resource Management 2Introduction The human resources are the most significant resources of the organization. Over the years, it has been realized that success or failure of a business organization is dependent upon thehuman resources (Oztuna, 2017). The employees of a business organization must be updated with the latest skills and knowledge. In the present epoch, the competiveness among the businessorganizations has drastically increased. Therefore, in order to establish a market in the present competitive market, it is important that the human resources remain familiar with the latest skills and technology. As a result, human resource department has come into existence. The human resource department of organization performs all the functions pertaining to the employee management, recruitment and retention within the organization. The primary function of the human resource management can be categorized into recruitment, employee engagement, employee retention, and employee relieving and compensation. The recruitment is a crucial function of the human resource department (Armstrong & Taylor, 2014). Whenever an organization determines business goals, it requires resources to fulfill it. The human resource department fulfills the employee requirements of the organization. The recruitment methods assure that the selected candidate has appropriate skills and talent to address the job requirements. The interview method is commonly used to examine the personality of the candidates and assess whether the candidate will align with the organization culture of the business enterprise (Sparrow, Brewster & Chung, 2016). Other than that, the organization also uses performance management methods and evaluation techniques for the performance assessment of the employees. In this regard, the present paper will discuss the importance of evaluation in the performance management. Along with it, it will also discuss the importance of management development of the organization.
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Human Resource Management 3Task One: Importance of Leadership Development Leadership is significant to the success of a business organization. However, the selectionand the recruitment of good leaders remains a big challenge for them. The business leaders should be able to understand the business operations and the processes and use their skills for thegrowth and prosperity of the organization. The leadership training should cover emotional, practical and theoretical aspects of the training process (Adeniyi, 2007). There are several benefits of implementing leadership training within the organization such as increasing productivity, retention of employees, creating future employees, increasing the employee engagement, implementing effective leadership style within the organization and taking effectivedecisions. The primary aim of leadership is to increase the productivity of the employees. The leaders can enhance the productivity of the employees by understanding them emotionally; therefore, emotional intelligence is important for the success of the leaders (Jackson Schuler & Jiang, 2014). The business leaders should be able to smartly use their emotions to empower and engage the employees within the organization. In addition to it, the leaders are also important in retaining the employees within the organization. One of the most significant reasons of employee turnover is the inefficiency of bosses in generating motivation for the employees. Cultivating effective talents will increase the productivity of the organization and increase the retention rate (Clark, 2008). The leaders can be developed with the help of effective training. Therefore, leadership training and development is important for the business organizations. In the training and the performance management, the companies need to implement effective evaluation techniques for increasing the efficiency of the
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Human Resource Management 4performance management system. It should be able to examine whether performance management and employee training have been effective in improving the efficiency of the organization (Kramar, 2014). Evaluation in Leadership development and Training Evaluation refers to the systematic collection of descriptive information which is important to take important decisions related to change adaption in the organization’s activities. The leadership is critical in the success of a business organization (Jones & pound, 2008). The organization should adopt different strategies to enhance the manager’s skills and performance. Evaluation is important in each and every step of leadership development and training. It is an integral part of strategic human resource management. It refers to the integration of strategy and the human resource management. The organization needs to strategize its human resource strategies so that it is meets the organization’s objectives. The evaluation is critical component ofthe strategic human resource management process. Evaluation of the leadership development plan is important in each and every phase. In the initial stage, evaluation is important for examination of the needs of the employees. After the identification of the employee’s needs, a business organization develops a performance management plan which addresses the needs of allthe employees (Marler & Fisher, 2013). The multinational organizations invest significantly in leadership development programs; however, it is important to make assessments and evaluation related to different training methods, their efficacy and assessing the present and future competency of the organization. In the leadership learning and development, evaluation helps is analyzing the total value of the learning activities and changing and revising them (Coleman & Derek, 2010). Regarding the
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