Managment Essay

1311 words - 6 pages

 
Human Resource Management
Learning Objectives
• Explain what is meant by human resource management
• Understand the relationship between human resource management and management
• Describe the HR manager’s role
• Understand the human resource management activities performed in organisations
• Explain the meaning of strategy
• Explain the meaning of strategic human resource management
• Describe a strategic approach to human resource management
• Appreciate the strategic challenges facing human resource management

What is Human Resource Management?
The focus of human resource management (HRM) is on managing people within the ...view middle of the document...

Thisrole allows the HR manager to become part of the business team.

• administrative expert 
– to become administrative experts
HR professionals must be able to: re-engineer HR activities through the use of technology, rethinking and redesigning work processes and the continuous improvement of all organisational processes; see HR as creating value; and measure HR results in terms of efficiency (cost) and effectiveness (quality).

• employee champion
– The HR professional must be able to relate to and meet the needs of employees.

• change agent 
– The HR manager needs to act as a change agent, serving as a catalyst for change within the organisation; by leading change in the HR function and by developing problem-solving communication and influence skills.
 
HRM Activities
HRM involves the acquisition, development, reward and motivation, maintenance and departure of an organisation's human resources. To do this successfully HRM must do all of the following:
• Job analysis
• Human resource planning 
• Employee recruitment 
• Employee selection
• Performance appraisal 
• Human resource development 
•Career planning and development 
•Compensation
• Benefits
• Industrial relations
• Health and safety programs
•Manage diversity

Strategy
What is strategy?
'Strategy defines the direction in which an organisation intends to move and establishes the framework for action through which it intends to get there.' The purpose of strategy is to maintain a position of advantage by capitalising on the strengths of an organisation and minimising its weaknesses. To do this, an organisation must identify and analyse the threats and opportunities present in its external and internal environments.

What is strategic management?
Strategic management is the process whereby managers establish an organisation's long-term direction, set specific performance objectives, develop strategies to achieve these objectives in the light of all the relevant internal and external circumstances and undertake to execute the chosen action plans. The aims of strategic management are to help the organisation to achieve a competitive advantage and to ensure long-term success for the organisation.

Components of strategic management
Strategic management involves
Strategy formulation - selecting an organisation's mission, or purpose, and key objectives; analysing the organisation's internal and external environments; and selecting appropriate business strategies, and

Strategy implementation - designing an organisation's structure and control systems and evaluating the selected strategy in achieving the organisation's key objectives.

Organisational mission and objectives -
Mission statements are the operational, ethical and financial guiding lights of companies. The organisation's mission provides the context and direction for the formulation and evaluation of HRM objectives, strategies and action plans. The mission statement identifies why the...

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