Human Resource Function Using Technip the UK - Case Study Example

Human resource management is assuming a vital role in today’s globalized context, where knowledge management is an integral aspect of competitive advantage for an organization. The knowledge possessed by a firm is largely in the domain of expertise and experience possessed by the employees of the firm. Effectively managing the resources and knowledge that employees bring to the firm is the function of the human resource department of the firm. With the increasing use of technology, however, introducing information systems into human resource management has become significant.

Technip (UK) is the UK subsidiary of the French Company Technip, which provides subsea technical expertise as well as deepwater solutions and robotics for the offshore oil and gas industry. It provides project management, engineering, technology, construction services for the oil and gas as well as petrochemical industries. It employs a workforce of about 18,000 employees and the parent Company of Technip (UK) – Technip-Coflexip group generates annual revenues of nearly 4.5 billion Euros.

It is not easy to define human resource management itself, due to the difficulty in deriving a precise agreement on what its significance is and how it should be defined. Several researchers have however offered a number of descriptions. According to DeCenzo and Robbins, human resource management has been defined as the organizational aspect that is concerned with the people dimension which is also inclusive of staff support.