HRM502 Report: Evaluating Evidence-Based HRM for Strategic Value
VerifiedAdded on 2021/12/08
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Report
AI Summary
This report, focusing on HRM502, delves into the concept of evidence-based Human Resource Management (HRM) and its strategic importance. It explores how firms are increasingly adopting this approach to enhance organizational effectiveness and achieve key performance indicators. The report examines how HR can add strategic value to a company, specifically CERA, by leveraging competency and technology to improve employee relations and align HR practices with business objectives. It outlines the steps needed to ensure the strategic value of the HR function, including understanding business strategies, market forces, and creating a roadmap to leverage human capital. The report also evaluates the currency, reliability, authority, and purpose of the sources used, emphasizing the importance of evidence-based practices in making informed HR decisions and the application of these practices based on research evidence, competency, and values.
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