ABC Technology Company
Human Resource Management
The role of human resource management is one of a strategic partner, Administrative Expert, Change Agent, Employee Advocate, Human Capital Developer, and Consultant whose objective is to:
1. Maximize the return on investment from the organization’s human capital and minimize financial risk.
2. Align the capabilities and behaviors of employees with the short-term and long-term goals of the company.
3. Train and develop skills and capabilities of employees within the organization
4. Analyze the constantly changing economic and technologic development and implement plans and process to adapt and restructure the organization to meet the needs and demands of the new advancements brought by the
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“Without employees’ talent and expertise, the business risks losing production capabilities – the inability to achieve maximum production levels directly affects revenue, profitability and company standing in relationship to its competitors.” (Mayhew, 2016)
Perception- With a greater influence on employee satisfaction, engagement, and retention HR as a strategic partner improves employee’s and leadership’s perception of human resources. (Mayhew, 2016)
Balance- Decision-making that takes into account the actual workforce that supports the organizational success. (Mayhew, 2016)
Value- Developing business strategy in conjunction with HRM allows for the attainment of organizational goals in a forward thinking business practice that HRM is known for.
(Mayhew, 2016)
Policies, Procedures, and Practices To do this with this particular organization we need to focus on the key issues that have been noted. Those being staffing and retention due to high turnover rates. Now any good Human Resource Manager
Certain factors need to be considered when developing a strategic workforce plan. These factors include; business metrics, workforce plan, organizational operations and the relevant federal laws and regulations (Ruth Mayhew, 2014). WeaveTech’s business metrics includes sales, profitability, production statistics, and the retention of employees. Increasing sales, in turn, will enhance profitability. In order to increase sales, understanding the cost per unit will improve production statistics. With the implementation of Total Quality Management and Performance Based
In an era of organizational flux due to competition and globalization, companies and employees are faced with constant change. Leaders must be able to adapt to change as the environment shifts. HR has been known as the organizational change agent, administrative expert, and employee advocate. More recently they have been regarded as business strategic partners for many organizations. In order to be successful and remain competitive in today’s market, Human Resources (HR) must be considered a strategic partner if an organization wants to flourish. Top executives today commit significant resources to ensure that their company’s functions are capable of rapid change and achieving their
4. Training the associates so that they are “pros” bringing pride in the employees and what they bring to the company.
Given the need to improve human resource performance, describe a managerial approach to teamwork, empowerment, and effective communication to accomplish this objective.
19. Which function ensures that the company has the right mix of skilled people to perform its value creation
Human Resource Management is defined as “the policies, practices, and systems that influence employees’ behavior, attitudes, and performance” (Noe 3). The responsibilities of the human resource department of any company can be characterized by three product lines, providing administrative services, being a business partner, and also being a strategic partner. When referring to handling administrative services and transactions, that means handling administrative tasks for a company by recruiting and hiring employees and answering any questions that they may have. Next is being a business partner, meaning that by having an effective HR system that keep track of everything at the company and looking for skills that the company may be in need for the future, and understanding what the business needs. And finally, being a strategic partner. Being a strategic partner entails contributing to the company’s goals and strategy by understanding what is needed in the HR department and provide a competitive advantage.
Organizational Development: Ensure that the entire organization has the capability to scale for growth. This will include:
Another goal is to sustain a high-performing workforce with the objective to “enable managers to sustain an environment conducive to workforce productivity, innovation and effectiveness” (2011 NASA Strategic Plan, 2011). An additional goal is to enable efficient human capital services with the objective of “effective human resources programs supported by comprehensive, timely and validated information” (2011 NASA Strategic Plan, 2011).
Make recommendations concerning how the organization can leverage it's human resources to come out on top in a highly competitive environment.
A human resource manager is responsible for employee compensation, recruitment, employee policies, and regulatory compliance. The positions is no longer simply administrative, human resources has become the heart of organizational culture. Human resources help companies make the best of their human capital by hiring intelligently, providing incentives towards retention and creating growth opportunities for the employees. If a company has successful human resource personnel the company stands
The key role of human resource manager is to offer assistance in an organization by performing three distinct functions that are discussed as follows:
HRM compete in the job market to ensure that only the best and talented employees are recruited in order to assist in meeting and exceeding the organisations goals and objectives.
As the human resources director I act as a strategic partner with the company by
That relates directly to winning a larger market share. The short-term goal for the company should be to cut coasts and improve the human resource department functions. Which can be done through the above stated suggestions of the improvement of the business.
Training & Development: Your employees are your greatest asset. Continual development of your team is important, whether succession planning or planning for growth. Use your people management strategy to identify high potential leaders and employees identifying training opportunities to enhance their performance. You should also incorporate annual compliance training, tuition reimbursement options, and a company reading list.