Saturday, February 16, 2019
Human Resourse Management Essay -- GCSE Business Marketing Coursework
tender Resourse ManagementThis essay volition look backward the role of valet pick management (HRM) in the strategy process. This go forth include the function of recruitment and training programs in HRM, the concept of strategicalal fit and how human resource management can lead to a emulous advantage. The manner in which an organisations personnel argon managed has a tangible influence on the productivity of the employees, which ultimately acts upon the dissolutes bottom line. Corporate success is dependent upon the integration of the human resource plan and the corporate strategic plan.It has become a astray held premise that people provide organisations with an important source of sustainable competitive advantage and that the effective management of human capital, not physical capital, whitethorn be the ultimate determinant of organisational performance (Youndt, Snell, Dean, Jr, & Lepak, 1996). The relationship between the strategic planning of an organisations peopl e and the overall strategy is world increasingly recognised as one of immense importance. A maturement recognition of human resources as being a companys most important asset has, and will continue to, change the charge of strategic planning. It is no longer acceptable to exclusively plan for those assets that will appear on the balance sheet. A cohesive plan compound human resource management and the overall strategic plan is necessary, such that the management of people is not a distinct function, but acts as a medium through which all other business strategies be implemented (Armstrong and Long, 1994 p. 42). In essence, the competitive, human resource, and structural strategies should all be united in a systemic and dynamic fashion (Boxall, 1996 p. 61). Unfortunatel... ...y, T.E. (1993), Strategic Human alternative Management, Thomas Nelson Australia Melbourne.Schuler, R.S., and Jackson, S.E. (1987), Linking Competitive Strategies with Human Resource Management Practices , The honorary society of Management Executive, Vol. 1, No. 3, pp. 207 - 219.Schuler, R.S., and MacMillan, I.C. (1984), Gaining competitive advantage through human resource practices, Human Resource Management, 23 (3), pp. 241 - 255.Skelton, B (1996), Flexible workforce is a business strength, Human Resource Week 96, The Age, pp. C10.Torraco, R.J., and Swanson, R.A. (1995), The Strategic Roles of Human Resource Development, Human Resource Planning, 18 (4), pp. 10 - 21.Youndt, M. A., Snell, S. A., Dean, Jr., J.W., & Lepak, D. P. (1996). Human resource management, manufacturing strategy, and firm performance. Academy of Management Journal, 39 (4), 836-866.
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