Human Resource Management And Operational And Strategic...

(1). critically evaluate the role and importance of human resource management in operational and strategic contexts. Ans: Human resource management (HRM) is a process of hiring and developing employees in an organization, such that they become and act like a strength to that particular organization. Human resource management is responsible for making the organization run smoothly and perfectly. The various operations and services that will be included in human resource management are recruitment, job analysis, administrative services, and employee relationship management. These services/operations provided by the human resource management are only to support the management and staff of the organization in their daily activities. The most common functions performed by HRM in an organization are: Resolving the disputes in the organization Orienting and training Managing wages and salaries Recruiting the right people for the specific positions in the organization Providing benefits and incentives Planning personnel needs for the welfare and comfortability of the employees Conducting the job analysis Communicating with all the employees irrespective of their position in the organization Human resource management services in operational context includes all the below functions: †¢ Management †¢ Hiring †¢ Job Analyzing †¢ Employee relations MANAGEMENT: Generally Human resource department is responsible for payroll management, employee data maintenance, and risk andShow MoreRelatedHuman Resource Management : An Organization Essay1429 Words   |  6 PagesHuman resource Management is very important in every organization. It satisfies the needs of man power and creates an atmosphere where all employees can work together to achieve the goals of an organization. HRM role is to plan how to recruit right people and give experienced and well trained workforce to organization. It makes plans for training and development of human resource in an organization. The main functions of Human Resource Management in an organization are given below: 1. RecruitmentRead MoreRoles And Importance Of Human Resource Management Essay1693 Words   |  7 PagesAnswer1. Roles and Importance of Human Resource Management Human Resource Management is the procedure of requirement, selection, giving orientation , making giving trainings to employees and the creating skills, appraisal of worker , giving remuneration and advantages, benefits, providing motivation, keeping up workers security, welfare and wellbeing by following work laws of concern state or nation. Human Resource Management is the procedure of usage of accessible restricted talented workforceRead MoreQuestions On Human Resource Management Essay1742 Words   |  7 PagesBy: KOMAL Answer 1. Human resource Management is very important in every organization. It satisfies the needs of man power and creates an atmosphere where all employees can work together to achieve the goals of an organization. HRM role is to plan how to recruit right people and give experienced and well trained workforce to organization.It makes plans for training and development of hunman resource in an organization.The main functions of Human Resource Management in an organization are givenRead MoreHuman Resource Management and Strategic Human Resource Management1136 Words   |  5 PagesManaging Human Resources, 3rd edn, John Wiley Sons, Milton, Qld. In chapter 1 of the text, the author shows an overview of human resource management and strategic human resource management. The author also shows the relationship between HRM and management, manager’s role meaning of strategy, strategic approach to HRM and strategic challenges. Lots of diagrams and explanations are used by the author. This chapter has contributed to my understanding of strategic human resource management by analysingRead MoreSwot Approaches Of Strategic Human Resource Management Essay1603 Words   |  7 PagesEssay: SHRM Approaches Analyzing Case Study Introduction Strategic human resource management (SHRM) is a design and an approach for managing the companies human resources and the needs of their employees along with goals of the company, it requires thinking ahead and making the new ways for the organization to meet requirements of their employees and the employees should fulfil the requirements of the organization as well as achieving the sustainable competitive advantages(BrattonGold,2012)Read MoreGeneral Guidelines And Rules On Risk Management1550 Words   |  7 PagesISO 31000:2009 explains the general guidelines and rules on risk management. These guidelines are used by associations, companies, organisations, private, communities, public and groups or individuals. Hence, ISO 31000:2009 does not limit to any particular industry. ISO 31000:2009 can be brought in application for the whole life span of an organization, and to a broad area of activities, which covers plans and strategies, decision making processes, specific functions, product and services etc. ThisRead MoreThe Key Financial Commitments That The Company Must Make A Strategy For Managing Human Resources818 Words   |  4 PagesThe key financial commitments that the company must make are the following ones. In fact, for sound financial management of the company, decision makers of Wal-Mart should develop consistent tools. They have to find both forecasting tools and control tools. Indeed, forecasting tools are tools that are based on objectives to achieve. In general, it is made by the internal workers to the company to guide those responsible for achieving the financial objectives of the company. Moreover, the controlRead 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 MoreGeneral Guidelines And Rules On Risk Management1620 Words   |  7 PagesSO 31000:2009 explains the general guidelines and rules on risk management. These guidelines are used by associations, companies, organisations, private, communities, public and groups or individuals. Hence, ISO 31000:2009 does not limit to any particular industry. ISO 31000:2009 can be brought in application for the whole life span of an organization, and to a broad area of activities, which covers plans and strategies, decision making processes, specific functions, product and services etc. ThisRead 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 organizations