Business Analysis : Volkswagen Ag

Human Resource Management (HRM) are activities managers perform to plan for attracting, develop, and retain a productive workforce (Kinicki & Williams, 2016). The role of human resource management is to prepare, develop, and administer policies and program designed to make expeditious use of an organization human resources. Part of control which is concerned with the people at work and with their relationship within an enterprise. HRM have their hands full; they have to face employees daily with a complaint, write-ups and sadly terminating of the worker. All areas of HRM such as, staffing, orientation, training, development, pay wages benefits are all significant parts that are dealt with daily. Human resource management presents itself as

Motors & More, Inc. will be using the prospector strategy to ensure success of their business. The role of this strategy is extremely rocky, but if effectively executed correctly will be limitless. A prospector strategy is on growth, innovation, and new product development. Human Resources strategy within any organization is to also be concerned about “the organization’s customers, competition, cost structure, and regulatory environment, on a short note jobs” (Lee, 2013, para. 2). The reason these fundamentals are important when focusing on the Human Resource department, is because it creates the creation of jobs, allows jobs to show equal growth with a strong performance level and job retention. We need to ensure every employee has the support

It used to be that human resource was only thought of as the department who hires employees and safe keeps the clerical part of the organization. Human Resource is much more involved in the entire structure of the organization then just the clerical part of it. Human Resource Management (HRM) is the term used to describe formal systems devised for the management of people within an organization. The HRM department is responsible for three major areas including staffing, employee compensation and benefits and defining and designing work. HRM works for the benefit of the organization through managing its greatest business asset which is the employees. The task of managing employees of an

The term human resource is defined as a system of activities and strategies that focus on successfully managing employees at all levels of the organization to achieve organizational goal (Niles, 2013). Human resource management is the process of proper use of available limited skilled workforce. The main purpose of the human resource management is to make efficient use of existing human resource in the organization.

• Human resource management is the management of an organization's workforce, or human resources. It is responsible for the attraction, selection, training, assessment, and rewarding of employees, while also overseeing organizational leadership and culture, and ensuring compliance with employment and labour laws. In circumstances where employees desire and are legally authorized to hold a collective bargaining agreement, HR will typically also serve as the company's primary liaison with the employees' representatives. The human

Human resource management is the utilization of human resources to achieve organizational objectives. Consequently, all managers at every level must concern themselves with human resource management. Basically, managers get things done through the efforts of others; this requites effective human resource management. Today's human resource problems and opportunities are enormous and appear to be expanding. Individuals dealing with human resource matters face a multitude of challenges, ranging from a constantly changing work force to the ever present scores of government regulations and a major technological revolution. Furthermore, global competition has caused organizations both large and small to be more conscious of cost and

The Volkswagen Group is one of the world’s largest and leading automobile manufacturers and the largest carmaker in Europe headquartered in Wolfsburg (The Group, 2013). In 2013, Volkswagen managed to increase the number of vehicles delivered to customers from 9.276 million to 9.731 million that corresponds to a 12.8 percent share of the world passenger car market (The Group, 2013). One in four cars in Western Europe is made by Volkswagen; the sales revenue was €197 billion and profit after tax was €9.1 billion (The Group, 2013). Volkswagen Group in total consist of 12 auto brands from Europe, and these brands are Volkswagen Passenger Cars, Audi, SEAT, ŠKODA, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Volkswagen

Volkswagen Group, one of the leading automobile manufacturers in the world, has been on an impressive incline in the market with a continuous rapid international expansion. Unlike other reigning companies such as Toyota Motor Corporation

Human Resource Management is a key component in the maintenance and utilization of an effective workforce. HRM includes myriad activities ranging from recruitment to training and even the development of compensation systems. HRM has evolved significantly since the early 1900s. The need to deal with labor unions and the human relations movement has increased the need for competent human resource professionals (Dessler, 2002).

Human Resource Management can be defined as managing employees within an organization. This seems like a broad statement, but it is a fitting explanation when defining what HRM is. Human resources is comprised of many different areas, which include strategic HR management, equal employment opportunity, staffing, talent management, total rewards and compensation, risk management and worker protection, and employee and labor relations. All of these areas concern every employee within an organization. All departments in an organization are affected by these areas, and each area seems to integrate and support each other.

According to Cronk et al (1994:2) “human resources are the people including their skills, knowledge and abilities, who comprise an organisation”. Human resource management refers to the “policies, practices, and systems

The term ‘Human Resource’ originated in the United States (US). Its use was primarily limited to US until 1980’s. Marciano (1995) defines people management in 3 ways: it is a management philosophy that employees are valuable resources rather than expenses, a synonym of Human resource management (HRM) and it is a camouflaged method of managerial control.

In the book Fundamentals of Human Resource Management Sixth Edition by Noe, Hollenbeck, Gerhart and Wright, chapter one managing human resources gives an outline of human resource management, also known as (HRM), and its environment. Chapter one talks about the understanding, company performance, responsibilities, skills, ethics, and careers of human resource management. Many may know what HRM stands for, human resource management, but do we really know the true meaning and what it really consists of?

Firstly, I would like to define the concept of Human Resource Management. “This term is not easy to define because it is commonly used in two different ways. On the one hand it is used generically to describe the body of management activities covered in book, and on the other hand, the term is equally widely used to denote a particular approach to the management of people which is clearly distinct from personnel management”. (Torrington, Hall, Taylor & Atkinson, 2011: p.6)

‘Human resource management is the 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 the objectives of the business’ (Wikipedia, nd). Human resource management is responsible for how people are treated in organizations. It is responsible for bringing people into the organization, helping them perform their work, compensating them for their labors, and solving problems that arise (Cherrington, 1995, p. 5). With the introduction of Information Systems, human resource management has gone beyond the traditional personnel management functions and developed Human Resource Information System (O’