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The Critical Elements of Human Resource Management - Essay Example

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This essay "The Critical Elements of Human Resource Management" analyzes a real case scenario to discuss how HRM contributes to an organization’s overall success. Except for the training and development activities, all other areas of the HR department need to be improved…
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The Critical Elements of Human Resource Management
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Download file to see previous pages HR manager is the head of the HR department. An HR manager is considered as a person responsible for administrating and co-ordinating all activities across the functional areas of the HR department. As per the general views of different scholars found in textbooks and journals, the key elements of HRM may include HRD systems, manpower planning, career planning and succession planning, recruitment and selection, training and development, performance appraisal, merit rating, and compensations systems. An HR manager can play great role in achieving long term objectives of the organisation regardless of the size of workforce or other resources of the firm. Although the functions of an HR manager vary depending on the size, nature, and structure of the organisation, certain skills, competencies, and knowledge required for HR managers are of same characteristics. They include but not limited to leadership skills, human relations building skills, integrity and effectiveness, professional knowledge, negotiating skills, communication skills, effective training, influential power, Job knowledge, qualified recruitment, strategic thinking etc. This paper will analyze a real case scenario to discuss how HRM contributes to an organisation’s overall success.
For this assignment, the paper will discuss a real case example of HRM from Bangladesh. Square Pharmaceuticals Ltd. (SPL) is a Bangladesh based public limited pharmaceutical company. The company was founded in 1958 and currently it is one of the top rated conglomerates in Bangladesh. The company has been continuously keeping the first position in the country among all other domestic and multinational corporations since 1985. SPL is the manufacturer and marketer of pharmaceutical products including tablets, capsules, ointment, injections, drops, liquids, suppositories, inhalers, meter dose inhalers, cream and powder, and oral dry powder (Ahmed et al 2005-06). The organisation went ...Download file to see next pagesRead More
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