The Main HR Strategies within Knight Frank - Case Study Example

Download file to see previous pages The paper 'The Main HR Strategies within Knight Frank" is a great example of a human resources case study. Guest (2011) gives a simple definition of human resource management as the process of hiring and developing employees to make them valuable to the organisation. Thus, human resource management involves such functions as job analyses, planning, recruitment, provision of benefits and incentives, performance evaluation, communication among other functions (Price, 2011). Briefly, human resource management concerns effective management of the workforce to meet the strategic goals and objectives of an organisation.

Of all the functions of human resource management, recruitment, training, and motivation are some of the contemporary issues that modern HR managers have to give much attention as some of the prerequisites for developing a competent workforce (Price, 2011). Employee recruitment is the process involved in finding, as well as hiring, the most qualified candidates, either within or from outside and must be conducted in a cost-effective and timely manner (Breaugh, 2014). On the other hand, employee training entails educating employees for a particular job and as such is required to help employees acclimatize with the modern techniques, materials, tools, as well as strategies for performing their jobs (Cheung and Chan, 2012). Nonetheless, employee motivation entails providing work conditions that satisfy the employee's needs and as such encourages them to work towards achieving the mission and goals of the organisation (Fernandez and Pitts, 2011). 

Knight Frank provides the right advice to property owners, whether they are interested in developing, occupying, or investing in real estate (Knight Frank, 2015). The company’s success, ineffective management of the workforce, is the basis for establishing commercial property specialists who have a good knowledge of the French real estate market. On the other hand, effective human resource management has enabled the company to develop individual expertise that helps the clients to maximise their returns on investment and minimise possible costs while at the same time fulfilling both currents as well as future trends in the commercial real estate sector. ...Download file to see next pages Read More