preview

Case Study : Human Resource Management

Better Essays

Introduction
For a business to remain competitive and profitable, it has to develop and refine its strategic orientation both internally and externally. Internally, a business should consider issues such as employee skills, organizational culture, production systems and managerial effectiveness. Externally, a business should position itself appropriately to take advantage of opportunities and overcome threats (Ireland & Hitt, 2001). Strategy development involves analysis of the present situation facing a business and the possible future situation to come up with an action plan. Human resource management is a critical internal element of a business. Success in managing human resource will most likely translate into profitability and …show more content…

Human Resource Planning, therefore, holds the key in deciding the skills and competencies that are lacking in a business or the skills that need to be reinforced as part of supporting the strategic orientation of the business (Rowley & Jackson, 2010). According to Bhattacharyya (2009), it is imperative that human resource managers work closely with the senior management and strategy development teams to highlight human resource considerations in deciding the appropriate strategy for a business. Essentially, human resource management has to be part of any strategy formulation team in an organization to address the human resource dimension of strategy development and implementation. It is worthy noting that, human resource is an important production factor in organizations, without which all the other production factors cannot achieve the business goals (Marescaux, Winne, & Sels, 2013). For a business strategy to be successful, the management should involve the human resource function in development and implementation processes. Human Resource Planning, however, cannot be effective if there is a lack of proper system to gather and analyse information regarding supply and demand for labour and skills in the organisation (Pablos, 2008).

Attracting and retaining talents
It is the responsibility of Human Resource Planning function to devise a way of retaining and attracting skilled and talented workforce particularly in times when there is a low supply in the

Get Access