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

Muman resource management - Assignment Example

Comments (0) Cite this document
Summary
Table of Contents Table of Contents 1 [Author’s Name] 2 Introduction 2 Toyota: A Detailed Overview 2 HR planning in Toyota 3 It increases the satisfaction level among the employees 4 Conclusion 5 References 6 [Author’s Name] [Subject’s Name] Introduction Organizations have been formed to earn economic profit and decrease the cost associated with it…
Download full paperFile format: .doc, available for editing
Polish This Essay96.7% of users find it useful
Muman resource management
Read TextPreview

Extract of sample
"Muman resource management"

Download file to see previous pages Human resource planning occurs in the broad context of strategic and organizational planning of business involving forecasting the future needs of an organization in terms of human resources and the way in which it will be met. The main perspective of this assignment is to critically analyze the human resources based function of a selected organization and the company which has been selected for the same is Toyota Inc. Toyota: A Detailed Overview Toyota is basically an auto manufacturing company, with its headquartering located in Tokyo, Japan. The name of the company has been abbreviated with the name of Toyota Motor Company (TMC). After the names of General Motors and Volkswagen, Toyota is known as the 3rd largest automobile company of the world. It was 1937, when this great company has been founded by Kiicchiro Toyoda. TMC is basically a subsidiary of Toyota Group, one of the largest conglomerate groups of the world, both in terms of size and revenue recognition as well. The shares of the company are registered on three different stock exchanges of the world, which predominantly are New York Stock Exchange (NYSE), London Stock Exchange (LSE) and Tokyo Stock Exchange (TSE). Toyota made 7,308,039 of units in the fiscal year 2011. Apart from that, the company also earned net revenue of Japanese Yen (JPY) 18.583 trillion in the fiscal year 2012 with net income of JPY 283.55 billion. The company currently has more than 300,000 employees working in around 60 countries of the world (Financial Highlights of Toyota, 2012). The shares of the company are very famous among the general public and most of the investors think that it would be wonderful choice to invest only in the stocks of Toyota merely because of its high growth rate and strategy to comply with the effective compliance with both internal and external stakeholders. HR planning in Toyota Toyota is one of those companies which bounds with ad hoc and perfect strategies both in marketing and Human Resources viewpoint. The company complies with all the sufficient knowledge and information about the Human Resources functions and has a great knowledge about all the labor laws (Christopher & Jain, 2010, 475). Toyota Inc equips their human resources manager and heads regarding managing their workforce accordingly and effectively as according to them, it is the most important and essential function for them. The company has a perfect loyalty and promotion system for the employees from which the motivation level of the employees enhanced tremendously well. Toyota is one of those companies which have a very low turnover rate merely because of its human’s friendly strategies. By far and large, it could be said that Toyota Inc is moving with a perfect human resource policy from which they can attract the recognition of more and more employees. Human resource policies refers to the formal guidelines and rules that is put by businesses in place to train, hire, reward and assess the members of their work force. Sound human resource policy is very essential in the growth of any business or company (Poole, 1999, 457). One of the greatest human resources policy initiated by the company is the utilization of management by objectives (MBO) in which the management gets the employees participated in ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Muman resource management Assignment Example | Topics and Well Written Essays - 1000 words”, n.d.)
Retrieved from https://studentshare.org/management/1471411-muman-resource-management
(Muman Resource Management Assignment Example | Topics and Well Written Essays - 1000 Words)
https://studentshare.org/management/1471411-muman-resource-management.
“Muman Resource Management Assignment Example | Topics and Well Written Essays - 1000 Words”, n.d. https://studentshare.org/management/1471411-muman-resource-management.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
HUMAN RESOURCE MANAGEMENT
The plan for recruiting these positions is as follows: Formulating Job Description The first step for recruitment procedure is to formulate a comprehensive job description for the position of a nursing practitioner and a medical records clerk. The job description will include the jobs necessities to define the required and anticipated prerequisite of the candidate.
3 Pages(750 words)Assignment
Human resource management
This paper is primarily based on critically assessing the crucially important role played by HRM in achieving employee engagement with the help of research reports and valid facts identified by learned business scholars. Inappropriate management of various resources forms an important and potential obstacle in the path of any business’s success and the job of HRM is to sensitively scrutinize the size of the resources in order to manage them in a manner which would be suitable for the business.
3 Pages(750 words)Assignment
Human Resource Management
Human Resource Management. Managing people in an organization is the art to be mastered by the Human Resource Manager. It is science as well in the sense that it calls for the use of established theories and principles in this process of management. Glucck and Ivancevich defined human resource management(HRM) as the function performed in the organizations that facilitates the most effective use of people to achieve organizational and individual goals (Ashwathappa, 2007).
13 Pages(3250 words)Assignment
Human resource management
The purpose of this is to create a competitive advantage (Storey, 2007). For example, working in a retail firm, I noticed that teams always contained at least one male and one female, and never contained only people of a single ethnicity. In a workplace that was predominantly white, this must have taken considerable planning.
6 Pages(1500 words)Assignment
Strategic Human Resource Management
This function deals with issues of staff management, particularly – over hiring, compensation and performance supervision (Goeldner & Ritchie, 2009 p. 89). Other roles of the function include safety wellness, development of the organization, employee motivation, communication, benefits, training and the administration of the functions of the human resources capital available at the organization.
12 Pages(3000 words)Assignment
Human Resource Management
Human resources are one of the vital assets of all organisations in any given day. Apart from recruitment and selection process, human resource managers are involved in various other activities. They are involved in manpower planning and compensation management.
12 Pages(3000 words)Assignment
THE RESOURCE MANAGEMENT ACT
As a result, the introduction of the Resource Management act 1991 was particularly intended to promote sustainable management of the environment
10 Pages(2500 words)Assignment
International Human Resource Management
Multinational corporations have spread their tentacles across diverse global locations and the continuously broadening global playing field has dire implications for the future of these multinational corporations’ competitiveness (Hannon 1997,
8 Pages(2000 words)Assignment
Human Resource Management
Businesses need to satisfy internal and external stakeholders equally. In ever-changing and turbulent business environment, delivery on time with quicker services, without impacting ultimate quality, has become extremely important for business survival. That is why the importance of HRM has increased manifold.
4 Pages(1000 words)Assignment
Management of Human Resource
This may help in ensuring success of the company within an industry. HRM may also help in monitoring employee performance and evaluating them
1 Pages(250 words)Assignment
Let us find you another Assignment on topic Muman resource management 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