StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Business Issues and the Contexts of HR - Assignment Example

Cite this document
Summary
It is involved in all the sectors from production, distribution to the market. This means that this workforce needs to be managed so that the flow of the processes can be smooth. The process of managing the…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER99% of users find it useful
Business Issues and the Contexts of HR
Read Text Preview

Extract of sample "Business Issues and the Contexts of HR"

Download file to see previous pages

The human resource manager also plays a great role in reconciling the owners or managers of the company and the workforce, when a crisis arises in the company the human resource manager, as he is closer to the people than the owners are works to bring the two parties jointly to come up with a resolution. The economic world has been faced with similar problems when it comes to human resource management. This is because human resource is dynamic and ranges from skilled to semi skilled to skilled labour.

The growing competitive world has worked to put resource managers on their heels to seek professionalism and to make the competitive in the economic world. As competition increases the natural resources decreases, this brings us to the term survival for the fittest and only the fittest company will survive, many companies are investing heavily on skilled labour that has also gained its competition in the market (Human Value Management, Jac Fitz-Enz, 1990). Technological innovations have taken a centre stage in the dynamic economic world creating need to arm the workforce with the skills.

In many companies workforce competent in the IT sector have an advantage over the others. Information communication technology has enabled companies to save on costs of production and has made it easier to market their goods and keep a good flow of information within and outside the company. With the growing inflations and the world, economic crisis it has become essential for companies to cut on their spending and the human resource department has not been saved the headache. Networking has become another key factor in the evolving world.

Social sites such as Face book, twitter, what sup and Skype among others have played a major task in the marketing of the products. This means that some human resource personnel have to be able to cope with this to remain competitive. It has changed people’s ways of living and doing

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Business Issues and the Contexts of HR Assignment”, n.d.)
Business Issues and the Contexts of HR Assignment. Retrieved from https://studentshare.org/human-resources/1635169-business-issues-and-the-contexts-of-hr
(Business Issues and the Contexts of HR Assignment)
Business Issues and the Contexts of HR Assignment. https://studentshare.org/human-resources/1635169-business-issues-and-the-contexts-of-hr.
“Business Issues and the Contexts of HR Assignment”, n.d. https://studentshare.org/human-resources/1635169-business-issues-and-the-contexts-of-hr.
  • Cited: 0 times

CHECK THESE SAMPLES OF Business Issues and the Contexts of HR

An Exploratory Study of Sanofis Strategy on Employee Retention

To attract and retain valuable employees in Sanofi, the Human Resources Department of Sanofi has been committed in taking care of their valuable assets.... In line with this, the company is providing their staff with a rewarding work environment and offering them with competitive remuneration packages and benefits on top of extending equal opportunities for further training and career development....
45 Pages (11250 words) Essay

Adding Value through Diversity Management, Ethical Behaviours, and Organisational Commitment

hr systems that are aligned with company strategy can positively influence productivity and return on assets.... From recruiting to hiring, a diversity management perspective allows hr to look for and hire from as varied pools of applicants as possible.... This relates to Equal Opportunity principle, where biases and discrimination are removed from hr policies and practices....
13 Pages (3250 words) Assignment

What Is HRM, And Does It Matters HR And Organization's Performance

The reason behind this limitation is the absence of generally agreed framework and reliance on competing models for understanding and assessing hr functions.... n practice, hr functions are infinitely flexible, contingent over time, influenced by external context of age, and subject to change within short time periods (Farnham, 2010, 4).... hr matters as it has influence on diverse areas of organization's performance.... (2003), hr can lead and contribute to the development and implementation of high performance work practices....
7 Pages (1750 words) Essay

National Cultures, Management Styles, and Performance

HRM practices must serve the purpose of aligning the company's strategy and its personnel and lead to efficient utilization of hr potential.... As a result, cross-cultural issues and their impact on business operations have become one of the most heavily researched areas in management.... Western hr management has largely relied on the researches accomplished in the English-speaking countries, especially those in the USA.... However, hr practices that are viewed as 'the best' in one country often fail in another cultural context....
11 Pages (2750 words) Essay

Impact of Global Financial Crisis on HRM

cquiring sustainable competitive edge relies on creation and execution of adequate human resource policies in complex and dynamic contexts.... Strategic human resource management is a concept to take decisions on the plans and policies of the business focusing... The emergence of Human Resources Management (HRM) is associated to the historical development of the trade and of the finances in which organizations work....
13 Pages (3250 words) Essay

Reflective Account: Business in Global Perspective

According to Patrick (2012), Human resource management or simply hr is a function of the organization that is designed to maximize the performance of employees and the achievement of employer strategic objectives.... hr is also tasked with the training and development responsibility.... They are trained to handle hr tasks.... This review "Reflective Account: business in Global Perspective" discusses in details the key principles of human resource management, its significance, and relevance to the global business world as well as connect it with other topics that fall and the global business concept....
7 Pages (1750 words) Literature review

Human Resource Development

(2003, 15) HR 'has mainly focused on the administrative aspects of human resource management; however, with the growth of information technology, the hold of the corporate staff of hr on this work is weakening significantly however much administration can be accomplished by self-service information technology solutions that are either hosted by the company or outsourced'.... s stated above, hr can have many forms.... Furthermore, in order to achieve the targets set in the corporate strategic plan, hr has to use all the available resources and techniques to the point that they can be applied to the specific organization....
12 Pages (3000 words) Coursework

Human Resource Management: The Concept of Strategic Fit

According to Beardwell and Clayton (2007), the idea is to relate HRM issues with strategic plans of the organization and to ensure that the organization operates in accordance with the plans.... The author of the "Human Resource Management: The Concept of Strategic Fit" paper examines fit as strategic integration, fit as an ideal set of practices, fit as a contingency, fit as bundles....
6 Pages (1500 words) Coursework
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us