MGW 2430 The purpose of this essay is to analyse and explain, using Human resources models, concepts and assumptions, how and why people are of value to organisations and how and why it is assumed that HRM/SHRM can contribute to company success through valuing and managing its employees. According to Legge (2009 pg77), human resource management is defined as the strategic and approach to the management of an organization's most valued assets which is the people or the staff members. There is a traditional definition or way of human resource management and a strategic way of human resource management. Traditional Human resources management is all about policies, systems and everyday practices that influence the employee’s attitudes, …show more content…
Toyota is able to offer competitive advantage through its valuable resources that makes it able to attract and retain best suppliers and also its rare and unique staff. Also, Toyota’s competitors cannot manage and develop their HR at the same cost that Toyota does. Social attitudes towards work also can have an impact on the organisation’s success. The society has some assumptions about work and if people don’t shift from such assumptions, the organisations may suffer. For example, Sime Derby Malaysia, a very successful mining company in Asia allows its male staff to go for paternity leave when their wives are having new-born babies. This has made the company to be one with the most admired policies and attitudes thus every man would love to work for Sime Derby. Emirates Airlines is also one of the companies that have changed attitudes towards work. At Emirates, women are encouraged to apply for top management positions and considered more than their female counterparts. Also at Emirates, women are trained and encouraged to be captains not just be first officer pilots. This shift in attitude towards work has made Emirates to be one of the world’s leading airlines. In conclusion, it is evident that Human resources models, concepts and assumptions are of high value to the organisation’s success by valuing and managing is most valuable assets, the employees. If the concepts are wrongly used or
In simple term, strategic human resource management is concern with the ways in people is crucial to company effectiveness. According to Miller (1987) strategic
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
Human resource management refers to the process of dealing with people or controlling them. It plays an important role in effective utilization of human resources and bringing effective people in an organization (Attridge, 2009). With the following research at DaVita, one shall come to know about the standard model of HRM and how it is employed in the strategic planning of an organizational structure.
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.
This assignment is a portfolio, based on three current topics in Human Resource Management. The common theme of all the media articles I reviewed is the recognition of people as an asset by the organisations to achieve their strategic goals and objectives. It is observed that organisations are directing their efforts to recruit, retain and develop this asset.
Strategic human resource management is best defined in line with the original concept of strategic, integrated and coherent approach to employment, development and well being of the people/ personnel working within the organisation ( Armstrong M. , 2012). Boxhall and Purcell (2003) describe HRM as all those
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
Human Resources Management (HRM) terms had widely replace personnel management (PM) as in the process of managing people in the organizations. What actually is human resources management? Well, it is said that human resources management is an organization’s most valuable asset. Organization thinks that human resources department plays a huge role in terms of staffing, training and assisting to manage people so that the employee and the organization are capable to maximize the resources in the organization. (McNamara, 1998). Besides, in the global business, human resources management had effectively replaced other management traditions like Industrial Relations (IR) and Personnel Management (PM) as a tool to reshape
Human resource (HR) management is the efficient use of human resources in an organization through the management of people related activities.Human resource management is a fundamental and tactical organizational activity of increasing complexity and significance.
The phrase of “Human Resource Management” first came into existence when the organizations started to treat the people in their constitution as a resource. Since the development has brought the huge organizations into the scene the employee needed to be managed in a better and improved way. What was once called as “personnel manager” now has given its’ place to HRM and gained a deeper and more complicated meaning. Different than the personnel manager HRM can be treated more as an administrative based term because it rather focuses on managerial authority when it comes to the employee management concerns.
The perspective on managing human resources in any organizational structure that I have today writing this essay is far more different from what I thought it was before I took up this subject. Human resource is a very intriguing concept that today carries utmost importance in maintaining a healthy work culture. All through the various readings in the course work not limiting to 2.1 to 2.7 project the importance of human resource management in a wide spectrum. Man, has evolved into a superior being in the ecological niche because of the ability to think, emote and analyze that sets us apart from rest of the species. These very characters in my opinion form grounds to learn on how to manage our own selves or
* Two-way linkage allows for HR issues during strategy formulation process; various strategies are made, then presented to HR, HR evaluates each strategy, gives feedback to strategic unit
In leading organisations, managers value human resources as one of the most important assets and believe in the reliable and responsible employees who have exceptional professional skills can drive their organisation to differentiate from its business competitors in order to fulfil challenging goals.
Within this essay an in depth analysis will be conducted on the difference between Human Resource Management and Strategic Human Resource Management using contemporary perspectives. Human Resource Management (HRM) is the process of managing human resources in a systematic way. It is a practice devised to maximise the performance of employees and is concerned with the application of management principles to manage organisational personnel while paying attention to the policies and systems of the entity (Delaney & Huselid, 1996). Strategic Human Resource Management (SHRM) is a function of management which entails development of policies, programmes and practices related to human resources, which are aligned with business strategy so as to achieve the strategic objectives of the organisation (Patrick M. Wright, 1992). Its primary purpose is to improve the performance of the business and maintain a culture that encourages innovation and works continuously to gain competitive advantage. In this essay the Resource-Based View, High Performance Management and High Commitment Management perspectives of Strategic Human Resource Management and Traditional and Collaborative
Modern Management considers human being as resource and it is important for the success of any organization. Every organization attempts to survive and grow and it is difficult in a global economy characterized by cut throat competition, increasing cost, expanding power of labour, rapid technological changes, growing customer expectations etc.