The Role of HR at Greenwich Pharmaceuticals

The Role of HR at Greenwich Pharmaceuticals 0
Title: The Role of HR at Greenwich Pharmaceuticals
Subject: Introduction to Human Resource Management
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The Role of HR at Greenwich Pharmaceuticals 1
Executive Summary
Human Resource Management is a critical department in an organization. Every firm has to face
several issues and challenges due to constantly changing trends in the market and technology.
The employees are the biggest assets of any company, be it a small or large-scale organization.
Therefore, it is the duty of HR to develop and nurture them. This report is a detailed study of HR
functions, issues, challenges, and solutions. A few case studies and references from notable
authors have also been included to overcome those challenges. The study aims at providing the
readers an insight into the Human Resources department and its importance in the corporate
sector in today's world. Many examples and quotes are also provided to offer the readers a proper
understanding of the concept.

The Role of HR at Greenwich Pharmaceuticals 2
Contents
Introduction......................................................................................................................................3
Task 1: Developing Organizational and HR Strategies...................................................................3
Task 2: HR Planning in a Business Environment............................................................................5
Task 3: Effective HR Practices and Performance Management in Organizations..........................7
Task 4: Influence of Employment Legislation on HR Practices in Organizations..........................8
Conclusion and Recommendations..................................................................................................9
References......................................................................................................................................11

The Role of HR at Greenwich Pharmaceuticals 3
Introduction
Probably, one of the underrated and underappreciated departments in any
organization/institution in the modern world is Human Resources. If we check the history of any
successful franchise/company, one thing we will find common is a strong core of Human
Resource Department. HR Department is one of the key sections that helps a company in
achieving its objectives and maximizing the profits of a company. The major purpose of this
report is to make people in the industry aware of the importance of a proper HR management
team, as it is one of the stepping-stones in establishing their respective enterprises. Moving
further, as an interim HR consultant for Greenwich Pharmaceuticals, our mission statement for
this time is:
"To develop, implement and support initiatives and operations, which add value to our
employees, leading to improved employee welfare, growth and retention while remaining
true to our roots and provide satisfaction to our customers whatever be the cost."
My work intends to cover the development and application of HR strategies and
initiatives and make it work with the business strategy of the institution and also to bridge the
employee-customer relationships and make people happy and satisfied on both the ends. In this
report, a discussion will be done on various tasks and problems that we will be encountering in
our term at the office, such as: developing organizational and HR strategies, HR planning in a
business environment, effective HR practices and performance management in an organization,
influence of employment legislation on HR practices in organizations.