HND Business: HRM Practices & Effectiveness in Kingfisher PLC

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Added on  2023/03/24

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This report analyzes the effectiveness of Human Resource Management (HRM) practices within Kingfisher PLC, a European retailing MNC. It explores the benefits of HRM activities for both employers and employees, including training and development, information resources, and employee stimulation. The report assesses how HRM practices, such as framed training activities, improve employee abilities and skills, foster effective team connections, provide appreciation to raise performance, and develop worker skills, ultimately impacting productivity and profitability. It also discusses how HRM contributes to goal attainment, sets guidelines, and enhances decision-making through improved interpersonal and technical skills. The report concludes that HRM is essential for monitoring and controlling personnel, gaining productivity, and maintaining profitability, with employee relations being a significant factor in HRM organization. Desklib provides students with access to this and other solved assignments.
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Human Resource
Management
(Task 2)
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Table of content
Introduction
Benefit of HRM activities to Employer and Employee
Effectiveness of HRM practices in raising profit and
productivity
Conclusion
References
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Introduction
Human resource management is an activity which includes
organising, directing, controlling and designing the
personnel of a company. HRM is responsible for
coordinating several important activities such as hiring,
training & development, staffing, rewarding and many
other. This report will analyse the effectiveness of HRM
as well as impact of ER on decisions making of HRM.
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Benefit of HRM activities to Employer and
Employee
Human resource management coordinate various activities
and imply them within the workplace for proper
functioning of operations of Kingfisher. Human resource
manager organise various training and development
programmes for the worker that avail both entity in
various ways.
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Human resource management coordinate various activities
and imply them within the workplace for proper
functioning of operations and managing the relations with
the worker of Kingfisher. The company is retailing MNC
of European which render various services including DIY,
general merchandise and electricals. This have deployed
its business in more than 15 nations owning nearby 2900
stores employing 1,30,000 worker for the enterprise.
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Employee’s Benefits
Training and Grooming: Through development and
training, workers can enlarge and widen the knowledge
and skilled areas of workers.
Resource of Information: HR convey the information of
employer or company to the employee.
Stimulate Employee: Stimulation in workplace is required
content while working in the organisation like Kingfisher.
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Employer’s Benefits
Interact the Culture: The manager has the duty to function
the operation according to the this culture.
Decisions Making Assistance: Human resource manager
create the flexible, supportive and friendly environment of
work.
Retain and Recruiting Employee: It is a complex process to
manage and retain employee for longer time period within
the workplace for the same job.
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Effectiveness of HRM practices in raising
profit and productivity
Framed training activities are effective methods to develop
Kingfisher by supplying impressive programmes to their
consumers along with great quality and to modify the staff
to work business relevant practices in profession way. The
activities of human resource management hugely impact
on the productivity and products sales as the worker are
the individual who provide services to the consumer
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Due to the training activities, the efficiency of work of
employee impacted the quality in great manner.
Kingfisher. Plc HRM organise the activities which help
the company in grooming more effectively.
Improvement in Abilities and Skills of Employee
Effective connection grouping personal and team
Appreciation to raise performance
Developing skills of Workers
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Improvement in Abilities and Skills of Employee:
HRM organise various activities and events for the
worker to enhance and relief the stressful mind of
employee. The company provide musical, meditation, and
many other productive programmes for refreshing worker
their time.
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Effective connection grouping personal and team:
For the better performance of work, the organisation
provide various team work activities which is helping for
the enterprise in enlarging the knowledge as well as
forming flexible and friendly environment. This helps in
increasing the service quality of employee increase the
productivity in directly.
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Appreciation to raise performance:
Human resource manager organise compensation activities
in Kingfisher. Plc such as pension determination
according own choice, rewarding for best performance,
appraisal and promotion of disciplined worker etc. This
enlarging their confidence and increase the capacity
which indirectly develop the revenues amount.
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