The Human Resource Function

1853 WordsJun 18, 20188 Pages
Human resources on the whole, encompasses a vast amount of responsibilities. “Human resource management (HRM) is the organizational function with responsibility for attracting, retaining, and managing the people who make up organizations." (Bogardus, p. 2, 2004) We will be identifying and looking at some of the important functions that HRM performs, and how these functions are essential and contribute to the growth of the organization. Recruitment and Employee Selection Recruiting and selecting employees is one of the key functions that the human resource department performs for an organization. This is also known as the workforce plan or workforce planning . "Workforce planning is a systematic process for identifying the human capital…show more content…
“The core of the workforce planning process should occur after strategy has been determined and needed capabilities have been identified” (Christensen, p. 124, 2005) The long term goals of the business need to be kept in mind at all times. Utilization of Human Capital Resources Oxford Dictionary (2013), defines human capital as, “The skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value or cost to an organization or country.” Utilizing the human capital to its fullest and most efficient extent in another important function of HRM. The utilization of human capitol should be part of a companies strategic plan. “Part of strategic planning is mapping an organization's human capital.” (Bohlander and Snell, p. 82, 2012) HRM plays an important role in this aspect of strategic planning, which in turn hopefully ensures the longevity of the company. “Human capital represents the human factor in the organization; the combined intelligence, skills and expertise that gives the organization its distinctive character. The human elements of the organization are those that are capable of learning, changing, innovating and providing the creative thrust which if properly motivated can ensure the long-term survival of the organization.” Bontis et al, 1999 (as cited in Armstrong, p. 73, 2012) The human capital of an organization should be viewed as an asset. “Although the value of
Open Document