The Evolving Role of HR in Entrepreneurship: A New Mandate Report
VerifiedAdded on 2019/11/26
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AI Summary
This report examines the evolving role of Human Resources (HR) in the context of entrepreneurship, drawing insights from David Ulrich's "A New Mandate for Human Resources." It explores key concepts such as intellectual capital, HR's role as a change agent, and Galbraith's star model, emphasizing the importance of HR in navigating the complexities of globalization. The report analyzes four important facts derived from the article, highlighting HR's responsibility in driving organizational change and conducting audits. It justifies the continued need for HR, addressing debates about its necessity, and illustrates its application through a case study of Maida Beauty Imports' expansion into China. Furthermore, the report outlines the entrepreneur's role in leveraging HR to implement strategic plans and manage employee contributions. The impact of the article is assessed, emphasizing HR's innovative roles in fostering organizational growth, adapting to global challenges, and dispelling the notion that HR is no longer needed in contemporary organizations. The report concludes with a list of references, including works by Fayolle, Morgan, Rondinelli, and Ulrich, to support the analysis.
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