Some are formed to produce consumable goods while others are formed to offer services. The performance of any organisation relies heavily on the availability and efficiency of resources. Some important resources…
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In essence, structure of the workforce in any organisation should be well-thought of because it virtually determines the duration for goal achievement.
The major objective of most organizations is to achieve the laid goals within the shortest period possible. Therefore, it is important for human resource department in an organisation to ensure that it applies the best strategies that will facilitate high-quality performance and promote employee motivation. Essentially, globalization trends and the continued technological changes have escalated the need to manage human resources. Research has showed that there are promising financial outcomes for organizations whose human resource management structures have attained operational excellence and in compliance with organisational goals.
Human resource is a set of people who form the workforce of an organisation and is sometimes referred to as human capital. For human resource to work in line with the organization’s goals and objectives, it has to be managed. The supervision of workforce in an organisation is termed as human resource management. Human resource management is concerned with maximizing employee performance in pursuit for the organization’s goals (Deb, 2006). Strategic human resource management is a proactive mechanism to the management of an organization’s workforce tailored to lay tactical framework in support of long-term goals. Human resource management entails a number functions which include training and development, recruitment and retention of workforce, performance appraisal and employee remuneration. There are various strategic human resource aspects which can be used to judge an organization and they include; acquisition of skilled employees, satisfaction, managing risk, managing change and corporate culture, innovation, developing leaders and many others (Nankervis, Compton &
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In the contemporary market characterised with intense competition, most organisations have diverted from conventional perception of human resource as passive resource that can be manipulated to get things done.
Human resource management of an organization deals with a number of management decisions which have a major impact and influence on the people of the organization. The human resource management when dealt with in a strategic manner with strategic plans and well thought out and strategically devised practices, then this is referred to as Strategic Human Resource Management. The main aim of this paper is to compare and contrast the various approaches of strategic human resource management.
Strategic human resource management refers to a managerial process where the human resource manager comes up with policies and practices that have to link with the overall strategic objective in an organisation.
As a result of these developments, HRM has become a major thrust area where the focus is on synergizing and propelling organizations to seamlessly integrate with the macro environment. The field of HRM can become a greater strategic contributor to organizational performance and success (Mathis and Jackson, 2003).
This paper will look at the human resource department of a fictional company, Galactic Enterprise Furniture by specifically analyzing its Strategic Human Resource Management, its advantages, and the disadvantages. Among the many departments, which constitute an organization, the human resources department’s role is omnipresent and crucial.
The report is concerned about the trend which is observed in present-day Organisations that are focusing on the survival rather than their growth and development. Organisations collapsed due to economic slowdown have alerted the existing ones regarding their survival in the highly uncertain environment where survival has become a tough matter of subject.
Strategic human resource management can be defined as an efficient management process of utilizing human resources to the best extent and it aims at enhancing the organizational efficiency (Fombrun et al., 1984). It is a complex process that is continuous in nature
Other significant properties in the firm include Arabian Ranches and Downtown Dubai (Perkins, Shortland & Perkins, 2006). Business scholars acknowledge that the success of every firm as born to strategic human resource
The two concepts are interrelated but one elicits higher performance than the other. There was need to develop this advanced form of human resource management as a result of the changing nature of technology, economy and market. There was a need to come up with a
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