Global competition is transforming the Human Resources (HR) profession: efficient administrators and organisational professions are now required to take on new functions as strategic partners within corporate management. As strategic partners, HR professionals are now becoming increasingly involved in corporate decision-making and bring their workforce expertise to develop corporate strategy in a way that will maximise the best human resources available (Fitzpatrick 2000; Guthridge et al. 2008; Lawler and Boudreau 2009). This is where the transformed role of the HR professional becomes vital. Businesses are in increasingly intense competition with each other to acquire and retain the best talent. In such a marketplace, the strategic …show more content…
2008). Although these are roles that require specific training and skills, the entire HR function can be taken over by dispersing the individual roles to existing staff from other departments, as well as unit managers. It is because the traditional HR roles can be outsourced from an HR department, HR professionals need to adapt (Schuler 1990; Lawler and Mohrman 2003; Guthridge et al. 2008).
The transformation is also about the bottom line. HR, as with every unit in a corporation, must play a role in driving efficiencies and improving the corporation 's balance sheet. So, in order for an HR department to avoid being made redundant, it must find a way to bring efficiencies to the corporations. Apart from cutting HR departments and removing those direct costs from the budget, the best way to bring efficiency to the HR function is to find innovative ways to bring cost savings to the company by re-directing the workforce. The transformative challenge for HR managers is to find those cost savings without just cutting salaries. The general answer comes from aligning HR’s function with the strategic goals of the business (Schuler 1990; Lawler and Mohrman 2003).
Strategic planning, making well-informed decisions about the means by which the goals of the business are met, is one of the core functions of upper management. The ways in which HR can be involved with management in strategic decision-making is
Human resource is an appellation used in referring to the workforce of an organization or company. Human resource management is involved in the act of putting together employees in an organized manner to assure the objectives of the organization are achieved in a competent and experienced manner. Human resources are the most important services of any organization since they are the catalysts of non-human resources and the medium for developing competitive advantages and sounds of creativity. No organization can exist without a human resources department (Walsh, 2009). A company without an HR department would be reducing its operations and could collapse within a short amount of time.
“Strategic HR planning predicts the future HR management needs of the organization after analyzing the organization's current human resources, the external labor market and the future HR environment that the organization will be operating in” (HR Council, n.d.). Human resource planning directly ties in to an organization’s strategic development and implementation by calculating company trends, resources, design, previous works and future expansion and ensuring that the impending requirements are met. This paper will further examine the role of human resource development
Business strategies touch every entity of the business including HR which is where many of the business necessities begin. The HR function needs to be involved in the strategic management process as “each component of the process involves people related business issues” (Noe et al., 2002, 59) which is the primary function of HR. “Once the strategy has been determined, HRM has a profound impact on the implementation of the plan by developing and aligning HRM practices that ensure that the company has motivated employees with the necessary skills” (Noe et al., 2002, 83).
Human Resource (HR) strategic plan’s outline short term goals that have been aligned with their organization’s strategic plans. With the HR’s goals being aligned it also helps the representative know how much man power is needed from the budgeting process done through HR. The HR function of an organization is responsible for ensuring top talent is recruited and retained, which means ensuring success of an organization’s strategic plan.
Today 's fast-paced, competitive business environment has resulted in "rediscovery" of the human resource management function as a group that may be able to enhance firm competitiveness and performance by being "strategic" (Dyer & Kochan, 1995; Ulrich, 1997). Strategic Human Resource Management is a term describing an integrated approach to the development of Human Resource Strategy that will enable the organization to achieve its goals (Armstrong, 2005). Whiles strategy is an action that managers take to attain one or more of the organization’s goals. Strategy presents a general direction set for the company and its various components to achieve a desired state in the future. This results from the detailed
The strategies adopted by our organisation can be influenced by both internal and external factors. HR are involved in the initial planning process and assisted with the formation of a business plan detailing objectives for departments to achieve.
I will explain, with related examples, why HR professionals are required to manage themselves, groups and teams, manage upwards and across the
In an era of increasing competitiveness, globalization, economic rationalization, deregulation, technological revolution and changing workforce there is an ever-increasing need for human resource management to be able to capitalize on the special challenges that this changing environment brings. For a company to be able to successfully keep ahead of the competition, human resource management is seen to be a significant contributor.
It is important for HR Management to transform from being primarily administrative and operational to becoming more strategic contributor because of the involvement of competitive advantages through a company s’ employees. Strategic HR managers need proceed with the professional growth by hiring employees with high potential and giving them opportunity to learn and make lot of experience from their job roles where can access to brightest future in the industry. Secondly, the executive succession where the strategic HR managers will hiring the potential successors and grooming them with experience and advancement to be ready for replacement of the owner of company. A company can be in right direction if proceed with the strategic succession planning. Third is the labor cost efficiency. Strategic HR department mainly focus on their top performers who effort the most to organizational goals and long-term company success. A strategic HR philosophy ensures the employees satisfied perfect where by paid to
Helping to gain buy-in to the new HR model, through developing the roles and responsibilities for the important new HR groups and further advocating the case for the changes. Leading on the development and implementation of the People Plan which has provided the framework for guiding and managing the transition (downsizing, restructuring and reskilling) of the HR function – and aspects of the related changes required of managers and individuals as a result
The role of the human resources (HR) department can play a significant role in the success and achievements of an organization. The department, which has evolved from the
Whether an organization consists of five or 25,000 employees, human resources management is vital to the success of the organization. HR is important to all managers because it provides managers with the resources – the employees – necessary to produce the work for the managers and the organization. Beyond this role, HR is capable of becoming a strong strategic partner when it comes to “establishing the overall direction and objectives of key areas of human resource management in order to ensure that they not only are consistent with but also support the achievement of business goals.” (Massey, 1994, p. 27)
The strategic human resources management of the means every person from within organization from the top of management level to the bottom of ground staffs are doing things that make the organization successful. According to Schuler, R. S. (1992) strategic human resources management is defined about integration and adaption within organization .Its concern to ensure HR management is fully integrated with the strategy and these HR policies are adjusted and used by the employees and their line managers as part of their everyday work.
A rapidly changing business environment due to technological changes and the impacts of globalization has resulted in shift of human resources paradigms (Khan, 1997). In every organization
HR managers and HR professionals are taking much more of a proactive approach on the management team than ever before. The strategic HR approach is involved in variety of tasks ranging from strategic planning to decision making and coordinating all Human Resources functions for all employees (Schlesinger, Leonard A 1983).