The Human Resource Management Practices

1677 Words7 Pages
The success of an organization can be attributed to a number of factors. Some of these factors include not only the quality of physical resources but also the people working in that particular organization and their skills. Human resource management typically, refers to the practices/policies of organizations and how these policies affect the behaviours and performances of their employees. This paper will discuss how the practices of human resource management enable a firm to obtain a competitive advantage over other competing firms in terms of training, recruitment, diversity management and employment equity. We will discuss the human resource management policies of KPMG which is an accounting firm and is in fact, one of the four largest professional services companies in the world. KPMG employs more than 162000 people and specialises in auditing, tax and financial advisory services. They have achieved this feat by attracting and keeping the most skilled employees that are available in today 's dynamic business world. I chose this company because they are a prime example of the kind of success other companies should be striving for. They are well managed with equal importance being given to each of their employees and have a very good work culture in general. It is a well known fact that no strategy, no matter how well drafted, will work unless you have the right people, with the right skills, in the right roles and supervised by the right leaders. In today 's day and
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