Group Assessment Essay

4297 Words18 Pages
The Evaluation of the role of the Strategic Human Resource Management

Table of Contents

1.INTRODUCTION................................................................................................................................3

2 ROLE OF HUMAN RESOURCE MANAGEMENT............................................................................3 3. ADVANTAGES OF HUMAN RESOURCE MANAGEMENT............................................................3
3.1 Cost and Time Effectiveness................................................................................................3
3.2 A Competitive Advantage....................................................................................................3
3.3 Managing
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Ms Cutter’s views of the current workplace can become a dilemma as certain laws may object to her approach towards her organisation; hence why strategic roles of the business must be applied particularly for Bytes Electronics to ensure that organisations comply with laws and guidelines.

3. Advantages of HRM
3.1 Cost and Time Effectiveness
One advantage of HRM is that it can be cost and time effective for an organisation. Time is a crucial asset and by becoming more cost/time effective, it can greatly benefit the organisation’s performance. HRM can effectively reduce expenditure on certain aspects of the business such as training and development through hiring professionally experienced employees to work in a position where they are familiar with; this will drastically reduce the initialisation stage of the employee and commence employment as soon as possible (Mukherjee 2012). With efficient and effective training methods for employees, it can drastically change the overall business performance and time management of an organisation.

3.2 A Competitive Advantage
As reducing time and becoming a more efficient organisation is achieved, human resource management can potentially gain a competitive advantage. Management can achieve this through many forms, one particularly letting human resources determine their own training regimes. Human resources are known best for which training programs to
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