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.
Nobody downloaded yet

Human Resource Managment in Business Context - Essay Example

Comments (0) Cite this document
Summary
Human Resource Management in Business Context (freewriting) Introduction Globalisation and rapid changes and developments in information and computer technology continue to transform and challenge contemporary global business environment (Barreto 2010). These significant factors have established a dynamic and highly competitive global business environment (Salami & Idowu 2010)…
Download full paperFile format: .doc, available for editing
Polish This Essay98.5% of users find it useful
Human Resource Managment in Business Context
Read TextPreview

Extract of sample
"Human Resource Managment in Business Context"

Download file to see previous pages However, as companies design strategies, it has been found out that competitive advantages of companies are difficult to sustain and on average period, there is an observable decrease (Ruffigins & Ruefli 2005). In this regard, firms have to come up with strong strategies that will enable it to respond to the demands and challenges of the global business environment, while at the same time, keeping the company’s niche for longer period. In this situation, human resource management (HRM) plays a crucial role, since, HRM is “strategic and coherent approach to the management of an organization’s most valued assets – the people working there who individually and collectively contribute to the achievement of its objectives” (Armstrong 2006, p. 3). This view offer the notion that HRM is no longer just concern with the traditional functions that are normally associated with HRM such as payroll, recruitment, pensions, benefits and other administrative concerns (Werbel & DeMarie 2005). Instead, it offers the framework wherein HRM activities and undertakings become strategic as it aligns its functions with the goals and endeavours of the organisation. From this framework, it becomes essential that HRM develop strategies that will not only align its activities with the goals and objectives of the company, but will also help the company develop programmes and policies responsive to the demands and challenges of the business environment and not reactive to crisis as it happens (Kew & Stredwick 2010). This is significant because, in this way, HRM becomes strategic and proactive. In effect, this approach of HRM undertakes a holistic view of HR in such a way that the business environment, organisation, theories and best practices become the fundamental elements in the determination of the appropriate activities, policies, procedures and programmes for the company. In this study, The Condition Understanding the condition involves looking at two important factors – external environment and internal environment. This is necessary as organisations do not operate in a vacuum, but are integrated in the society and carrying out social interactions (Tencati & Zolsnai 2009). As such, the external environment of the company is essential in understanding the business environment or climate where the company is thriving. At the same time, the internal environment of the organisation is necessary, as it will help in understanding the context of the firm. Briefly, on the external environment, globalisation has transformed the manner in which countries conduct business transactions with one another. Through globalisation, trade barriers in the forms of taxes and trade tariffs have been removed or substantially reduced. This economic policy allow for a freer movement of goods, services, products, capital and people across nations and between physical boundaries (Coatsworth 2004; Suarez-Orozco & Qin-Hillard 2004; Stiglitz 2009; Balakrishnan 2008). Moreover, another factor, which has changed the manner of doing business, is the rapid development in information and computer technology (ICT). This change has created the platform wherein knowledge and information have become an integral part of doing business, aside from the fact, that faster and newer forms of conducting business have been established in view of this development (Chi 2011). Finally, the last important factor ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Human Resource Managment in Business Context Essay”, n.d.)
Retrieved from https://studentshare.org/management/1393885-human-resource-managment-in-business-context
(Human Resource Managment in Business Context Essay)
https://studentshare.org/management/1393885-human-resource-managment-in-business-context.
“Human Resource Managment in Business Context Essay”, n.d. https://studentshare.org/management/1393885-human-resource-managment-in-business-context.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Human Resource Managment
According to the paper the human resource management also focuses on the development of the team of workers this is beneficial for the organization. The human resource focus is to enable the workers to work to the maximum level of efficiency. Personnel management entails the administrative task which involves the both routine and traditional. Personnel management provides a response the concerns and demands as they are presented.
8 Pages(2000 words)Essay
The metamorphosis
It was in the type of environment that Franz Kafka's seminal short story The Metamorphosis evolved. Published in 1915, The Metamorphosis – or Die Verwandlung in its original German – opens with the bald statement that “One morning, when Gregor Samsa woke from troubled dreams, he found himself transformed in his bed into a horrible vermin” (Kafka, 1).
3 Pages(750 words)Essay
Human Resource Managment
The employees of an organization are vital for the growth and performance of the firm and hence their commitment cannot be ignored. It is important that employees remain committed to company's targets and goals and hence personnel management has developed into one of the core concepts of business management.
4 Pages(1000 words)Essay
Evaluating Human Resource Managment
According to the paper Human resource Management is very essential for successful running of an enterprise. It ensures proper use of physical and human resources by deriving the best results. It leads to efficient performance and higher productivity. Human Resource Management is very essential for every organization to make productive use of human physical and financial resources or the achievement of the organizational goals.
10 Pages(2500 words)Essay
Human Resource Management in a Business Context
This is in contrast to the traditional emphasis on transferable resources such as equipment. Increasingly it is being recognized that competitive advantage can be obtained with a high quality workforce that enables organisations to compete on the basis of market responsiveness, product and service quality, differentiated products and technological innovation.
9 Pages(2250 words)Essay
HUMAN RESOURCE MANAGEMENT IN BUSINESS CONTEXT
Martin has defined redundancy in 2000 as “the work for which the employee was employed has ceased or diminished. Here the selection of a particular individual has to be
8 Pages(2000 words)Essay
Human Resource Management in a Business Context
The program, that was discussed in the essay shows that police officers develop attitudes independently of their background, but their relatives and culture of origin are the foremost determinants of the initial diversity attitudes. The tendency of most police officers toward cultural diversity is so consistent as to make acquisition unlikely.
12 Pages(3000 words)Essay
Human Resource Managment
According to the paper to ensure harmonious working among various groups in the organization, training programs to bring about proper awareness of the benefits of multicultural working, and to bring about attitudinal changes, where required, need to be conducted. Employees should be oriented towards achieving the goals of the company and targets set to them in order to make these the focus that will override the cultural differences and prejudices.
17 Pages(4250 words)Essay
Human Resource Managment
According to the paper the human resources employed by GS Plumbing are being poorly managed and scheduled, resulting in employees resorting to cash-in-hand work after hours, by exploiting the company equipment and inputs. The employees are flouting the reporting procedures regarding safety, which may eventually lead to serious union problems.
7 Pages(1750 words)Essay
Human Resource Management in a Business Context
Others such as Ulrich have defined strategic HRM as a process which ties the social, intellectual and human capital to the strategic needs of organizations (Ulrich, 1997). On the
14 Pages(3500 words)Essay
Let us find you another Essay on topic Human Resource Managment in Business Context for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us