Human Resource Management: Functions, Practices, and Impact on Organizational Productivity

Human Resources
Management

Contents
INTRODUCTION.......................................................................................................................................3
TASK 1.......................................................................................................................................................4
P1 Purpose and function of HRM, applicable to resourcing and workforce planning of an organization 4
P2 Strength and weakness of several approaches to selection and recruitment........................................5
TASK 2.......................................................................................................................................................6
P3 Benefits of different HRM practices within firm to both employer and employee.............................6
P4 Effectiveness of several HRM practices in terms of raising organizational productivity and profit. . .7
TASK 3.......................................................................................................................................................8
P5 Importance of employee relations in respect to influencing HRM decision making...........................8
P6 Key elements of employee legislation and impact it has upon HRM decision making.......................8
TASK 4.......................................................................................................................................................9
P7 Application of HRM practices within the work related context..........................................................9
CONCLUSION.........................................................................................................................................12
REFERENCES..........................................................................................................................................13

INTRODUCTION
Human resource management considered as the best operational activity which is used by
firms and businesses in order to maximize entire working process for employees so that they can
directly achieve their goals and objectives at workplace. On the other hand, HRM mainly
concentrated on managerial functions of firm with the purpose of execution of new strategically
methods to select and recruit talented employees for firm within short time. This assignment is
based on Toyota which is called best Japanese multinational automobile manufacturer firm
which is headquartered in Aichi, Japan and formed in 1937 by Kiichiro Toyoda and served its
services globally. Furthermore, this assignment includes scope and purpose of HRM and key
elements of HRM along with external and internal factors that influence HRM decision making
process. At last, a portfolio of HRM practice applications will get covered (Abdelhak, Grostick
and Hanken, 2014).
TASK 1
P1 Purpose and function of HRM, applicable to resourcing and workforce planning of an
organization
Overview of Toyota – Toyota is one of the best leading global organizations which are
developing eleventh highest revenues across the globe and known as third largest manufacturer
worldwide. Now a days this company understand overall situation of market and able to adopt
few aspects by which they can provide best services to their customers in a perfect way. It helps
to increase their working ability and encourage them towards achievement of targeted goals.
On the other side, Human resource management plays crucial part in this firm that
concentrates on overall managerial operation or functions to attainment of specified goals
(Anderson, Fontinha and Robson, 2019). Along with this, there are few functions and purpose of
HRM followed by Toyota, those are mentioned in beneath:
Functions of HRM –
Training and development: This function always conducts by human resource manager
of firm in order to provide numerous guidelines to their employees towards achievement of
predetermined goals. In regards with Toyota, HR manager has responsibility to conduct such

kind of function that influence overall resource and working performance of employees so that
they can make best plan or decision for future goals and objectives.
Selection and recruitment: It is one of the main essential functions played by HRM
department in order to recruit best talented people for firm. In the context of Toyota, human
resource manager needs to identify several needs of candidate during the interview so that they
can freely answer and able to get selected in firm. Thus, it influence workforce and make firm
productive.
Purpose of HRM –
The main purpose of HRM is to provide best suitable approach to their employees so that
they can manage their work as per the firm’s concept. There are few concepts in Toyota
considered as HRM purpose, those are follows:
Staffing requirements: This is the main aim of HR manager in Toyota, by having such
kind of aim manager is able to accomplish job vacancies through selecting skilled and
knowledgeable employees so that they can make their organization best and profitable
(Bamberger, Biron and Meshoulam, 2014).
Rewards and compensation: Human resource manager of Toyota mainly decides the
payroll as per the abilities and skills of their employees at workplace. With the help of this HRM
purpose they can increase working potentiality of their workforce and able to meet desired
outcomes.
P2 Strength and weakness of several approaches to selection and recruitment
Human resource management of Toyota generally follows few approaches in order to
recruit and select best candidates who can easily comply with so many situations at workplace.
There are few approaches used by firm, those are as follows:
Selection approach: It refers to the accurate selection of candidates who are suitable for
particular job position fixed by an organization. In regards with Toyota this is followed by HR
manager which includes aptitude test, group discussion, debate and face to face interviews.