Human Resource Management And Strategic Management
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From what began in the back of their family garage, Criterion Furniture was built on the vision that Wally and Brain Smaill had. The brothers built their ready-to-assemble furniture business into one of the biggest in Australasia. This report will discuss how Criterion may use human resource management and strategic management in planning the future success of the organisation as well establishing their competitive advantage. Human resource management comprises a set of policies designed to improve results and competitive advantage (Schermerhorn et al., 2014). And strategic management is the process of formulating and implementing strategies to accomplish long-term goals (Schermerhorn et al., 2014). Using tools that define strategic management such as a SWOT and PESTE analysis as well as the ideas behind human resource management, this report will allow Criterion to see how they can work to improve their strategic direction and establish their competitive advantage.
Human Resource Management
The key elements of human resource management are to attract, develop, and maintain a high quality workforce (Schermerhorn et al., 2014). It’s about building the right team of people who align together perfectly and will get the job done efficiently. If an organisation fails to do so, then chances are they will not succeed in the long run.
The first element of human resource management is to attract a quality workforce. This involves external and internal recruitment, and hiring the
Managing Human Resources, 3rd edn, John Wiley & Sons, Milton, Qld.
In chapter 1 of the text, the author shows an overview of human resource management and strategic human resource management. The author also shows the relationship between HRM and management, manager’s role meaning of strategy, strategic approach to HRM and strategic challenges. Lots of diagrams and explanations are used by the author.
This chapter has contributed to my understanding of strategic human resource management by analysing
Summary:
Strategic human resource management is an approach that refers how the aims of the organization will be acquired through people by means of human resource strategies and combined human resource practices and policies. It is also based with viewing the people of the organization as a strategic element for the acquirement of competitive benefit. Strategic human resource model are used to achieve sustainable competitive advantage in the industry. Human Resources Management is the strategic management
INTRODUCTION
Proactive management of the employees of a company or organization. Strategic human resource management includes typical human resource components such as hiring, discipline, and payroll, and also involves working with employees in a collaborative manner to boost retention, improve the quality of the work experience, and maximize the mutual benefit of employment for both the employee and the employer.
The strategic human resource management was excellent as all employees reported high
Topics in Human Resource Management
Module 1 Case Study
Module 1 Case: “Strategic Human Resource Management”
Introduction
Human resource management (HRM) has it own challenges, but management is more focus on what HR can offer their organization in the future. Looking back to the evolution of human resource field, it has followed the history of business in the United States and most western countries. HR has evolved from personal management to human resource management and from HRM
"Human Resource Management will be regarded as valuable business partner and important organisational resource when the Business Units are satisfied with the results achieved through Human Performance and Process Improvement." This is how human resource management has been described by an unknown source and quoted in many books and journals on the same subject.
Human Resource Management, unlike Personnel Management, is linked to and plays a vital role in the organisations strategic planning and
Strategic Human Resource Management
1. Introduction
In the late decade of 1980, the organisations realized the significance of their employees as a capital asset or human resources; and by adopting and implementing a set of HRM practices (such as recruiting, training and developing people etc.) aimed to succeed a sustainable competitive advantage based on a business strategic view by making the employees’ involvement the main key point of the new human resource management into the business
To simply define Human Resource Management (HRM), it is a management function that helps managers recruit, select, train and develop members for an organization. Obviously, HRM is concerned with the people’s dimension in organizations.
When we say HRM of the organization, it is concerned with all the departments of it. In the marketing department, people consult products or services that lead to the sale. In the sales department, people sell products or give services to the customers. And also
EDSML|STRATEGIC HUMAN RESOURCE MANAGEMENT|
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Assignment title||
In this assessment you will have opportunities to provide evidence against the following criteria. Indicate the page numbers where the evidence can be found.|
Criteria reference|To achieve the criteria the evidence must show that the student is able to:||Task no.||Evidence|
1|Explanation of the importance of strategic human resource management in organisations||1.1|||
1|Assessment of the purpose of strategic human resource management
Q. Critically analyse the article for the meaning of strategic human resource management and identify the factors impacting on strategic human resource management in contemporary organisations.
Before an argument can be put in place about whether human resource management (HRM) can be strategic, we need to be aware that human resources (HR) is more then maintaining personal functions. Corporate and economic developments since the 1950¡¦s have dictated that businesses, to remain competitive, need