colbourne college STUDENT COVER PAGE TERM PAPER STUDENT’S NAME: Tashornna Simpson STUDENT ID NUMBER:COL 1269 COURSE TITLE: Human Resource Management COURSE UNIT: BTEC Unit 21 RESEARCH TITLE: IN PARTIAL COMPLETION OF: DATE: December 19,2014 NAME OF LECTURER: Mr. Oneil Francis TABLE OF CONTENT TITLE Page Executive Summary…………………………………………….. 2 Introduction………..…………………………………………… Rational……………………………………………………………..4 Background Vision and Mission Statements…………………………………5-6 Goals and objectives………………………………………………..7 Methodology………………………………………………………….8 Findings ………………………………………………………………9-13 Recommendations…………………………………………………..14 Conclusion……………………………………………………………15 Reference……………………………………………………………..16 Appendix……………………………………………………………17-19 Executive Summary When a company or organization understand the strategies of human resource management and utilizes them well, it can be a great asset to the economic development of that organization. Human resource management is the process of acquiring, training, appraisal and compensating employees and of attending to their labour relations, health, safety and security. In using human resources strategies for a company the methodology chosen and used must be in line with that of the company’s goal and objectives. The link between motivational theory and reward was
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.
* Human resource management= the management function focused on maximizing the effectiveness of the workforce by recruiting world-class talent, promoting career development and determining workforce strategies to boost organizational effectiveness
The term human resource is defined as a system of activities and strategies that focus on successfully managing employees at all levels of the organization to achieve organizational goal (Niles, 2013). Human resource management is the process of proper use of available limited skilled workforce. The main purpose of the human resource management is to make efficient use of existing human resource in the organization.
Prior to the elaboration of the Thesis topic, it is necessary to explain the Human Resources Management is. There is no common definition by scholars, therefore we are not providing one single definition, but we will rely on the book of Torrington et al. on his explanation of the term Human Resources Management. According to them, this divergence is due to the fact that HR is commonly used in two ways. On the one hand HR is used to describe the body of management activities covered in books such as this. In this way HRM is really no more than a more modern and supposedly imposing name for what was long labelled ‘personnel management. (Torrington et al. 2011). On the other hand the term denotes a particular approach to the management of people which is clearly distinct from ‘personnel management’. Used in this way HRM signifies more than an updating of the label; it also suggests a distinctive
Well what is Human Resource Management; it is the management of the employee relationship that covers establishing, maintaining and terminating employment.
Human Resource Management is designing management systems to ensure that human talent is used effectively and efficiently to accomplish organizational goals (Mathis & Jackson, 2008). To that end, Human Resource
Human resource management is the basis of all management activity. Management is about effective utilization of the organization’s people to make things happen in a productive and efficient way so that the organization prospers and the people thrive.
Human resource management, commonly abbreviated as HRM is a function of an organization which is created to positively optimize employee performance of an employer 's business strategic goals. HRM aims on systems & policies and is mainly associated with the people’s management within the organizations.
"Human resource management can be defined as a strategic and coherent approach to the management of an organisation 's most valued assets; the people working there who individually and collectively contribute to the achievement of its objectives."(Armstrong, 2001, pp.3-4).
Human resources management is where everything begins and ends for an individual an organization. It’s where the total processes are created and initiated. Examples of these processes are: planning, communication, motivation, code of ethics, decisions, forecasting, total compensation, diversity, discrimination, records, rights protection, leadership, career development, training, hiring, performance appraisal, equal employment opportunity, empowerment, promotion, recruitment. Human resources management also, sets strategic processes and procedures, run difficult and complex communication as they attract the best talents for an organization.
Hence, personnel Management views the man as economic man who works for money or salary. Human resources management treats the people as human beings having economic, social and psychological needs. Thus HRM is broader in scope compared to personnel management.
Hence, Human Resource Management is about managing people in order for them to be more productive and motivate them to achieve high levels of performance in achieving organisational goals and objectives and their personal objectives. The more the organisation can manage their human resource the better commitment they can get from then.
Human resource management is the process of acquiring, training, appraising, and compensating employees and of attending to their labor relations, health and safety, and fairness concerns.
Human resource management is organizational infrastructure that enables companies success in competition (Schuler & MacMillan, 1984). Organizational infrastructure deserve to be called as a component of organizational capital (Dzinkowski, 2000) and not just enablers (Lev, 2002) due to the presence or absence of its will give an impact on company’s profit maximization (Gomes, 2007). Thus human resources management is a specific component of organizational
The human resource is considered as the backbone of any economic enterprise i.e., public, private or corporate. The term human resource management refers to the task of handling people who belong to different strata of the society, i.e., students, employees, employers, the self-employed, sportsmen, housewives etc. For the successful functioning of any business organization, finance, machines, materials and manpower or the human resource occupies a very important place. The term “human resource” with reference to an organization, refers to its employees. The human resource is the most dynamic and important and various kinds of resources that are needed to more the wheels of