|Table of Contents |
|Literature Review |3 |
|Introduction |4 |
|Origin of the report |4 |
|Objective |5 |
|1.3 Scope |5 |
|1.4 Methodology
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Bangladesh has a great comparative advantage in garments products. This garments industry needs people to monitor their organization properly and to achieve their goal. An organization is nothing without human resource. Human Resource Management is a modern version of personnel management. In any industry the success of an organization is extremely dependent on its human resources. Although there are many other factors that play a key role, a company must have effective employees in order to stay financially solvent and competitive. Here in this assignment we focus on the basic function of the HRM and how the garments industry practices the HR strategies.
Origin of the Report
Project report is a practical part of the academic studies. This is a reflection of academic knowledge through practical work experience. Thus this project report aims to reflect the rotational view of real world working environment.
This term paper is prepared for Md. Atiqur Rahman Sarker course instructor of the Undergraduate program, Business administration at East West University as a partial requirement of Human resource management. This report is prepared during the summer, 2011 semester and would be submitted in the same semester. The standard procedure for the long, formal report is followed here as per the instruction of the course instructor.
Objective
The broad objective of this report is to provide an overview of HRM practice of Garments industry Bangladesh. The specific
The purpose of this reflective paper is to show my understanding along with what I have learned about HRM (human resources management) and the different way HRM impacts the success behind every business, along with the rules and regulations that go with it. Over the last five weeks I have learned quite a bit about HRM and will reflect on that throughout this paper. “Human resource management is the managing of human skills and talents to make sure they are used effectively and in alignment with an organizations goals.” (Youssef, 2012). I will be including the things I learned throughout the last five weeks in this
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
Introduction: Each organization has their unique way to perform various function of human resource management such as Selecting, recruiting, on boarding, training, retaining, performance management etc. For the purpose of company analysis project following topic has been selected to describe best practice and my own experience with organization.
The economic environment in nowadays dynamic, it is fairly important for organisations and managers to recognise the curtail of Human Resource Management. It is clear that Human Resource Management (HRM) has become one of the most recommend management strategy in the modern business (Leopold and Harris, 2009). Human Resource Management is a technique process of managing people in the workplace to enable and enhance organization performance (Leopold and Harris, 2009). This theory involved the responsible to attracting, selecting, training and managing people which make employees become more valuable to the organisations. It invests effect in learning and development at work. Also to communicate with all employees at each level to reward successful employee relations (Wilton, 2011). Human Resource Management plays a very important role in the operation strategy and management concerns in work organisations of all kinds (Leopold and Harris, 2009). In aim to justify this statement by evaluate the benefit and importance of Human Resource Management in contemporary work organisations. This essay will focus on analysis the advantages of use Human Resource Management in business also underline by explain more detail about the different HRM strategy brings benefits and give competitive advantages impact to the organisation success. Then summarise by a general conclusion on the importance of HRM in contemporary work organisations.
Human Resource Management (HRM) is the terminology used to illustrate formal systems devised for the management of people within an organization. It is the method of managing an organization or company that is directly related to the employees of that particular organization. The success of a business often rely heavily on the performance of managing human resource. Maximizing the desires and benefits of an organization and helping a business grow by rewarding employees to help motivate and push them in their performance is one of the main aim of HRM. By doing this, it will have a positive impact on both the company and it’s entire organization.
To adapt to the today's learning based economy, the organization create and support human capital fit as a fiddle of aptitudes, knowledge, capabilities, states of mind and interpersonal connections to accomplish required competitive advantage. Minbaeva (2005) characterized human resource management Practices as “set of practices and formal procedures utilized by organization to oversee HR through reassuring the development of skills that are firm particular, produce complex social relations and create organizational knowledge to maintain competitive advantage.” The literature distinguished four distinctive ways to deal with create human resource management practices: universal or best practice perspective (Huselid, 1995); contingency perspective (Schuler, 1989); strategic human resource management practices perspective (Delery and Doty, 1996) and configuration perspective. The universalistic or best practice perspective is sounded as the worldwide and ordinarily seen human resource management practices. As indicated by survey of literature (Kundu, 2003) taking into account universalistic perspective and generally seen, the selection and compensation as human resource management practices are picked in the present
Nowadays, human resource management is getting more and more important due to more corporations consider being a strategic, forward thinking, globalized and low cost but high productive business. In order to achieve a valuable ‘people’ dimension of a success business, human resources management need to take into account. Human resource management is not only benefits the company’s profits but also take good care of employees such as training, development, communications and reward systems. There are four basic functions of human resources management, which are staffing, training and development, motivation and maintenance.
Human resource is one of the important factors to be utilised for achieving organisational goals. Human Resource management (HRM) is a premeditated methodology to manage the human resource of the organization with the help of functions like recruitment, training and development, utilizing and retaining this asset etc. (Simons, 2011). The nature of workforce in every organization demographically and psychologically vary. Therefore, every organization has its own tailor made HRM policy and the procedures.
According to Robbin and Coulter (2005), the human resource is responsible to make sure if employees have a good working condition, trainings, recruitment processes and decruitment. As Capon (2009) suggested, the “the main strategic focus of HRM is the management of human resources utilized by the organization” (p195). According to retail analyst Himanshu, one of
According to Decenzo and Robbins (1994), “Human Resource Management is a process of procuring, developing and maintaining the performance level of the employees to achieve the organizational goals in an efficient and effective manner”. The HRM practices of recruiting and selecting employees, training them for their job, evaluating their
At the outset we would like to thank IMT Dubai and Dr. Arun Prasad for providing us with the opportunity to go beyond the classroom teaching and actually have a hands on experience on the HR practices of an organization. This was a great learning opportunity for us and will hold value for us in the future.
International Journal of Management and Humanity Sciences. Vol., 2 (2), 133-141, 2013 Available online at http:// www.ijmhsjournal.com ISSN 2322-424©2013 Victorquest Publications
I complete my M.B.A program from department of Management Studies, University of Chittagong. To complete the academic requirement I did my internship at HR department of Royal Capital Limited. My internship topic was “functions & responsibilities of HR and Admin department of Royal Capital Limited. This report is prepared to focus on the functions and responsibilities of HR and Admin department of Royal Capital Limited.
Please find completed case study on International Human Resource Management-Padi Cepat on the basis for your reading and action.
This is the fourth assignment which I am forwarding as a case study for module 4 examination of Professional Qualification in Human Resource Management 75th Batch at the Institute of Personal Management Sri Lanka (IPM).