Human Resource Management in Business Context - 1189 Words

Human resource management or mostly named simply as HRM is a strategic method thoroughly thought out for managing industrial relations which accentuate the fact that workforce efficiency and commitment are the key factors in achieving constant competitive advantage or high quality work performance. This is accomplished through a peculiar set of integrated employment policies, programmes and practices intruded in an organisational and social context (Bratton and Gold, 2012). The new HRM model is created from the strategies that contribute mutuality – reciprocal targets, influence, respect and responsibilities. The theory claims that these methods of mutuality educe involvement in a common activity and therefore implementation of the†¦show more content†¦Secondly, human resources manager needs to provide an existing working team with a new member who will be not only appropriate for the job being given but also would easily join the team. People who work in the company for a longer time will have to except the beginner; otherwise, even the best employee in the world will not be able to help the firm by sharing his or her knowledge and trying to contribute in the work. Attitude to organisation, tasks given and the colleagues, person’s behaviour during the working time and after that and team working skills are essential while HR specialist is selecting a newcomer. Employment relationship and organisational culture are ones of the critical factors that affect decision making. The aim of HR manager is to describe a potential employee the key aspects of organisational culture. These are not the obvious cultural differences we stick to as the stereotypes, such as native languages, various religions, predominant gender in the team, etc. but individual culture of organisation, including team’s dress-code, traditions and rules, business ethics colleagues follow, holidays they celebrate together and non-verbal behaviour people use. Strong co rporate culture introduces its own features in every single group even these would be just separate branches of the same company. Hofstede (1980) describes most societies as ‘collectivist’ in a non-political sense. In these cultures people obtain their identity from an extended family orShow MoreRelatedHuman Resource Management in Business Context1884 Words   |  8 Pagesmotivator for employees and is it an effective way for organisations to gain and retain high performing staff. This is questionable especially as organisations differ in size, organisational culture (therefore differing needs), the ability and/or resources to manage an effective process to support PRP. This study will explore whether performance bonuses offer a win-win for both the organisation and the employees, using primarily the public sector, with reference to the private sector. â€Å"PRP was theRead MoreThe Long Term Performance Of A Company1558 Words   |  7 Pagesthe Greek terms Stratos (army) and agein (lead). In the managerial context, and in today s meaning, that word has replaced the more traditional term long-term planning, to denote a specific pattern of decisions and actions taken by the highest level of the organization to achieve the performance targets. In this context, the strategic management is defined, therefore, as that set of decisions and actions taken by management to assess the long term performance of a company. The world of organizationsRead MoreMultinational Corporations Based On International Business Essay1730 Words   |  7 Pagesstrategies. As these issues of differentiation and integration are often facilitated by HRM activities, they represent a critical component in the IHRM. An example of this dual focus is found in most multinational corporations based on international business, which tend to assign primary responsibility to their subsidiaries for local compensation and benefits, training and labour relations, with regional units assuming secondary responsibility (Reynolds 1992). Productive globalization occurred with theRead MoreWhy Is Consideration of the Social and Economic Context Necessary for Understanding Work and Learning in Canada934 Words   |  4 Pageseducation, learning, training and work. In this essay, I will provide examples of why social and economic context must be considered when understanding work and learning. I will also examine assumptions frequently made by Human Resources Management (HRM) and their perspective on the purpose and outcomes of learning and the critiques that challenge these perspectives. Understanding the social context for work and learning contains many variables. Life experiences, level of education, age, ethnicity andRead MoreImportance Of Small And Medium Enterprises Essay1442 Words   |  6 Pagesadoptions proves its high impact on our life be it economical, social, professional or even if personal. Because IT offers innumerous number of benefits, it is very important to adapt IT in every fields specially Small and Medium Business(SMB). Small Business and mid-size business plays vital role in the progress of country. These small and Medium Enterprises (SME) gives significant contribution to economical growth and sound support for country s economy. And IT specially Internet is having high impactRead MoreStrategic Human Resource Development Framework1614 Words   |  7 Pagesof the different frameworks/models proposed by different researchers and eventually propose a framework of choice which will help leaders to better manage their Human Capital (HC) and un derstand how to incorporate HR policies into everyday decision making and long term planning. First we start by defining Strategic Human Resource Management (SHRM). We then look into what purpose it serves in an organisation. Then we look into the different models of SHRM how these models compare with each other. LiteratureRead MoreThe Influence of a Companys Leadership and Culture on Its Business Ethics1541 Words   |  6 PagesDiscuss the ways in which a companys leadership and culture influence its business ethics Definition of Organizational Culture Organizational culture refers to the values and behaviors essential in the contribution or development of unique social and psychological environment with reference to an organization. This is an indication that organizational culture is inclusive of the expectations, philosophy, values, and experiences that focus on holding an organization together with the aim of enhancingRead MoreThe Hidden Talent Of Talent Management1339 Words   |  6 Pagesidentified. Talent management is a systematic attraction, identification, development, engagement/retention and deployment of those individuals with high potential who are of particular value to an organization. This study is endeavour to identify the hidden talent of the Information Technology employees. The primary data has been collected through questionaries’. Key words: Employees, Information Technology organizations Talent, Talent Management. INTRODUCTION The process of talent management is indispensableRead MoreExamples of Ihrm and Domestic Hrm Essay841 Words   |  4 Pagesmultinational ventures stem from a lack of understanding of the essential differences in managing human resources in foreign environments (Desatnick Bennett 1978). The world has become more globalized, competitive, dynamic and uncertain than ever before. As more and more firms operate internationally, the search for the elements of global competitive advantage is a prominent theme in the management literature (Dickman Mà ¼ller-Camen, 2006: 580). There is a clear need to develop an understandingRead MoreSocial Relations And Human Resource Management1223 Words   |  5 Pagesinformation and experience base), overall context (cultural, socio-economic, political etc.) has a significant impact on labor relations and human resource management (HRM). â€Å"The human resource function matters more than its practitioners tend to think. Human resources is a crucial point of intersection between the broader society and business† (Capelli Yang, 2010, p.1). The impact of societal issues such as unemployment, poverty, inequality and lack of human development on labor relations and