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Strategic HRM and Organisational Performance

   

Added on  2020-02-05

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HUMAN RESOURCE MANAGEMENT
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Table of ContentsINTRODUCTION................................................................................................................................3TASK 1.................................................................................................................................................31.1.....................................................................................................................................................31.2....................................................................................................................................................41.3....................................................................................................................................................51.4....................................................................................................................................................5TASK 2.................................................................................................................................................62.1....................................................................................................................................................62.2....................................................................................................................................................72.3....................................................................................................................................................82.4....................................................................................................................................................9TASK 3.................................................................................................................................................93.1....................................................................................................................................................93.2..................................................................................................................................................103.3...................................................................................................................................................113.4...................................................................................................................................................11TASK 4...............................................................................................................................................124.1..................................................................................................................................................124.2..................................................................................................................................................124.3..................................................................................................................................................13CONCLUSION..................................................................................................................................13References..........................................................................................................................................13
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INTRODUCTIONA set of systems and mechanisms which is utilized in administering and managing the mostvaluable resource of an organization i.e. Human resource. HRM is the term which describes formalsystems devised for the management of the people in the organization. The HR managers play ansignificant role in the major areas of a corporation which are as follows, staffing, benefits andwelfare of the workforce and deciding the tasks for the employees (Briscoe, Schuler and Tarique,2012). It is the duty of the HR to find potential, effecient compatible and talented staff for thecompany. The main moto of HRM is to enhance and develop and also to divert the effeciency of theemployees in a correct direction so as to maximize the productivety of the organization. The presentscenario is based on Marks and Spencer's which is a multinational retailer with a mission statementof “Good quality for the penney” whereby the penny turned bazaars into stores. In this reprt it is tobe described that line managers are having vital role in the company, along with this imporatnce ofhuman resource managemnt, motivational theory, effectiveness of recruitment process and legalterm of employement are described.TASK 11.1Human Resource Management is the new version of personnel management. There is no anydifference between HRM and personnel management (Regis, 2008). How ever there are somedifferences in both the terms. As per the given scenario Aldi Stores is the entity which is optingpersonnel management approach and on the other hand marks and Spencer is the company which isopting HRM approach and the difference in both terms is explained as under:Personnel management (Aldi Stores)Human Resource Management (Marks and Spencer)Personnel management is a traditional approach of managing people in Aldi Stores. Human Resource management is a modern approach of managing people and their strengthsin Marks and Spencer.It focuses on administration, employee welfare and labour relation (Wood, Brewster, and Brookes, 2014). On the other hand it focuses on acquisition,development, motivation and maintenance of resources in the organisation.It assumes people as a input for achieving desired output.On the other hand it assumes people as an important and valuable resource for achieving desired output.In this kind of management the company pays attention on employees satisfaction.In this approach administrative function is undertaken for goal achievement.
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In this process employees are provided lesstraining and development opportunities. In this term workers are provided more trainingand development opportunities.In this term the decisions are made by top levelmanagement.In this term decisions are taken collectivelyafter considering employee's participation,decentralization and competitive environment.Personnel management focuses on increasedproduction and satisfied employees. Human Resources Management focus oneffectiveness, culture, productivity andemployee's participation. It is concerned with personnel manager of AldiStores company.It is concerned with all level of managers fromtop to bottom of Marks and Spencer.It is routine fuction.It is strategic function.1.2The main purpose of human resource management is to accomplish the organisational goals.Therefore the resources are mobilized to achieve such goals. The role of HRM in achieving thetarget of Mark and Spencer is mentioned below:Effective Utilization of resources: It ensures effective utilization of resources. HRM teacheshow to utilize human and non human resources so that the goals can be achieved. (Perkins,and Muondo, 2013) Marks and Spencer is a Retail Company which is operating its businessactivities in clothing and footwear a market. Therefore it is essential for it to use theresources in optimum manner.Goal Harmony: HRM bridges the gap between individual and organisational goal therebyresulting into a good harmony. If goal difference occurs the employees will not be willing toperform well. Hence a proper match between both kind of goals should be there in order toutilize organisational resources effectively and efficiently.Employee Satisfaction: HRM is the prime factor which is liable for the satisfaction ofworkers (Aquinas, 2009). This can lead to the ultimate success of the Marks and Spencer inachieving the target of the company.Organisational Productivity: human resource management focuses on attaining higherproduction and most utilization of available resources. This leads to an enhancement inorganisational goals and objectives.Thus it is very important for Marks and Spencer to have the better human resourcemanagement. It is helpful in attaining the ultimate target of the company in fulfilling the abovementioned criteria.
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