Human Resource Management: Practices, Resourcing and Effectiveness

This report provides a comprehensive analysis of Human Resource Management (HRM) practices, focusing on resourcing and effectiveness within organizations. It begins by explaining the purpose and scope of HRM, including operative and managerial functions such as planning, organizing, directing, and controlling, as well as operative functions like employment, development, and compensation. The report contrasts hard and soft HRM approaches, detailing their impact on employee engagement and organizational goals. It also examines the strengths and weaknesses of different recruitment methods, including internal and external recruitment, and selection processes like skills tests, personality tests, and panel interviews. Furthermore, the report evaluates the benefits of learning, development, and training practices for both employers and employees, highlighting how these practices contribute to organizational profit and productivity. The discussion includes real-world examples, such as Canary Wharf firm, to illustrate the practical application and effectiveness of various HRM strategies. Desklib provides access to this report and other solved assignments for students.