Human Resources Management: The Importance Of Human Resource Management

864 Words2 Pages
bulb-icon

Recommended: Motivation within an organization

In today’s fast moving, unpredictable business environment, human resource management is more crucial than ever to a business’s success. As the ‘VUCA’ world continues to change and evolve, human resource practices will continue to transform to adapt to the business environment. As a concept, human resource has been constantly redefined, undergoing countless analyses and discussions by various theorists and business people in order to ascertain why HR activities are so important, and the changes in the business environment that led them to be this way.
Human Resource Management has been defined in the past as: “A whole consisting of interrelated, inter-dependent and interacting physiological, psychological and sociological and ethic components”
The acquisition of human resources deals with getting the best candidates possible for the job, those who have the required skill set and are a good fit for the organisation. This is arguably the most important purpose of HR and proves a critical success factor for businesses of all sizes. Author and business consultant Jim Collins conducted a study for his book ‘Good to Great’ to find out the difference between a good company and a great company, finding that great leaders “first got the right people on the bus, the wrong people off the bus, and the right people in the right seats” before doing anything else. (Collins, 2001). This shows that employing the right people is key, and thus this stage must be both prioritised and planned as carefully as
This also helps mould workers into becoming a perfect fit for the business and ensures that every employee has the correct knowledge and aptitude required to work to their best capacity. This purpose of HR is particularly important as it makes sure that the workforce is as skilled, and thus valuable to the business, as possible. The motivation of human resources is similar, however it works on a more individual level as all employees will find motivation and satisfaction from different places. This HR purpose deals with ensuring workers are both happy in their job role and in the organisation, as well as making sure they know what they are working towards and why. Motivating employees to work productively and co-operatively leads to a positive workspace which leads to an increase in creativity and ideas, which will prove a great competitive advantage over those who are unable to do so. The final function, the maintenance of human resources, deals with ensuring that these working conditions are sustained in order to uphold a high level of productivity and creativity, and well as making sure that the business retains all of its high quality workers. Whereas the purposes of a good HR system will remain unchanged, there are changes in the environment which are changing the

Show More
Related

  • Tesco And Harrods: The Role Of Human Resource Management

    1036 Words  | 3 Pages

    Human Resource Management (HRM) is the administration and control of employees. Its purpose is to ensure that the workers and the employer cultivate a valuable relationship. As a result, the company will record an exceptional performance particularly with regard to employee productivity (Paauwe, 2004). Further, the workers will benefit in terms of job satisfaction and self-development (Paauwe, 2004). Some of the activities involved in managing workers include selection and recruitment, training, development, motivation, and appraisal (Sharma, 2009). This paper aims to analyse the role of human resource management in organisations and its linkage to the wider organizational strategy using Tesco and Harrods as illustrations.

    Read More

  • Essay On Hasbro

    2358 Words  | 5 Pages

    The Human Resources department is dedicated to hire and build an excellent team with a great teamwork and leadership. As one of the most important strategies of the business is the innovation of their products, it is needed people who can add value to the company through its diversity, innovation and entrepreneurial spirit, in a competitive and fun environment.

    Read More

  • Human Resources Management: Pros And Cons Of Human Resource Management

    1187 Words  | 3 Pages

    According to the (B), Human resource management consists of those activities designed to provide for and coordinate the people of an organization. Some activities involve determining human resource needs, assisting in designing work systems, recruiting, selecting, training and development etc. It is pretty clear that the human resource functions within firms are responsible for making decisions related to employees and also are responsible for understand that certain decisions made could set a precedent within the entire company. In today’s business world, most large companies have many branches that each holds a great importance. For example, Nicholas has noted that within the company he works for, the HR function

    Read More

  • Equity in Human Resource Management

    2507 Words  | 6 Pages

    The importance of Human Resource management is associated with the beginning of mankind. As the knowledge of survival had begun including safety, health, hunting and gathering, tribal leaders passed on the knowledge to their youth. However more advanced HRM functions were developed as early as 1000 B.C and 2000 B.C. Since the modern management theory took over, the working environment was transformed into a more friendly and safe work place. The workers were termed as most valuable resources. While some companies took the human side of employment seriously, there were others who did not find it mandatory. Hence they faced huge labor unions and factory shut downs (Henning, 2001).

    Read More

  • The Importance Of Human Resources

    774 Words  | 2 Pages

    ...within the organization, HR is able to provide decision-makers with valuable information and direction relating to managing human assets. HR can develop, communicate and implement strategy, evaluate data and create success. Done properly, HR has the potential to create a fulfilling environment for employees and provide valuable direction and data for decision-making so the organization’s objectives are met.

    Read More

  • Human Resource Challenges of the 21st Century

    1350 Words  | 3 Pages

    Changing Roles. Traditionally, HR has been an administrative position-processing paperwork, benefits, hiring and firing, and compensation. However, recently HRM has moved from a traditional to a strategic role, the emphasis is on catering to the needs of consumers and workers. Before, HR was seen as the enemy and employees believed that HR’s main purpose was to protect management. Now, the position requires HRM to be more people oriented and protect their human capitol, the staff. In addition, human resource management has to be business savvy and think of themselves as strategic partners in the 21st century.

    Read More

  • Interview With a Human Resources Manger

    1933 Words  | 4 Pages

    Organizations’ other resources can be hired, retained and discarded at any time but human resources needs special treatment. It needs to be carefully hired, deserve an extra effort to retain it and requires training & development to upgrade and improve its capabilities. Other resources depreciate with the passage of time but when the human resource gains more and more experience, it becomes more beneficial for the organizations. These characteristics have brought human resources to be the central element for the success of an organization. (Mohammed, Bhatti, Jariko, and Zehri, 2013, pg. 129, para. 2)

    Read More

  • Human Resource Management

    1222 Words  | 3 Pages

    An organizational human resources department utilizes the hiring and firing process to meet the organization’s personnel needs. Organizational human resource departments are charged with the oversight of an organizations administration department. The practice of hiring and firing people is a process employer’s conducts on a daily basis. This process has to be done in a proper manner and not in haste. The implication that can occur from the improper hiring and firing process could and can have a positive or negative impact on an organization. Therefore, employers must carefully evaluate their decision to hire/fire individuals and its impact on the organizations’ workplace environment and others employees. Human Resource Management is important for an effective organization. In today’s organization, HRM is valuable to the organization because of increase legal complexities and its known for improvement in productivity. However, management should realize that poor human resource management could result in an outburst of hiring process followed by firing or layoffs. According to (Satterlee 2013, p. 194), “Hiring the best candidate who is also a good fit for the organization is crucial for the success of an organization, because a poor hiring decision will have repercussions across the entire organization”. Satterlee made a valid point because poor hiring could have an impact on the bottom line performance of the firm. In other words, HRM is the contributing factor to the success of the organization including motivating and maintain the staffs. The purpose to the motivation is to ensure that all employees grow to a full potential. According to (Sims 2006, p. 5), “HRM efforts are planned, systematic approaches to increasing organizati...

    Read More

  • The Role of Recruitment and Selection

    1281 Words  | 3 Pages

    Human Resource management (HRM) can be defined and simplified in various ways. One definition is that HRM is to “get the right people on the bus, the wrong people off the bus, and the right people in the right seats” (Collins, 2001). The People theory is a theory in HRM that includes Recruitement and selection- two major subjects in the HRM function which concerns people and their way to a job for them.This essay will treat and discuss these two topics, recruitment and selection and their importance to the HRM function.

    Read More

  • Human Resources Management: The Challenges Of Human Resource Management

    777 Words  | 2 Pages

    According to our textbook Human Resource Management (HRM) is the policies, practices, and systems that influence employees’ behavior, attitudes, and performance. “The human resources management process involves planning for, attracting, developing, and retaining employees as the HRM planning provides the rights kinds of people, in the right quantity, with the right skills, at the right time (Lussier, 2012, p. 240).” According to our textbook the typical responsibilities of the Human Resources department fall into three categories, and they are administrative services and transaction, which handle hiring employees. The second involves business partner services that focus on attracting, evolving, retaining employees by having a clear understanding

    Read More

  • Characteristics of a Successful Candidate Selection Process

    1812 Words  | 4 Pages

    Selection is an integral part of every organizations functioning, as it is the process by which suitable individuals are chosen, from a pool of applicants, of whom HR officers predict will most successfully perform within their job, as set out in the job description and person specification [Torrington, et al., 2002: 188]. While the duration and method of the selection process is versatile and may vary depending on the type of job and type of organization, there tends to be a common 5 stage process by which individuals are chosen. Using current HR models and economic theory on job description and person specification, this essay will examine the main characteristics of the selection process and how these are applied in organizations, such as “Lloyds TSB,” “ScottishPower,” and “Enterprise Rent-A-Car.”

    Read More

  • Referencing Theory: Theories Of Teamwork And Motivation

    892 Words  | 2 Pages

    One of the most important theories of HRM (Human Resource Management is that of ‘Motivation’. The purpose of this theory is to explain the role of an organisation in order to encourage its people to put in the best of their efforts and abilities in a way that will help further in achieving better outcomes for the business and organisation’s goals(Armstrong, 2001). There are various techniques that can be adopted to motivate people for instance, rewards, punishments, actions to satisfy needs, psychological processes etc. This world is developing at a rapid pace and due to this development and quick changes; new ways of working and managing organisations have emerged. These

    Read More

  • Human Resource Management In The Workplace

    796 Words  | 2 Pages

    Human resource is the most valuable and unique asset of an organization. The successful management of an organization’s human resource is an exciting, dynamic and challenging task , especially at a time when the world has become a global village and economies are in a state of flux. The lack of talented resource and the growing expectation of the modern day employee has further increased the difficulty of the human resource function.

    Read More

  • History Of Human Resource Management

    1796 Words  | 4 Pages

    Human Resource Management (HRM) is fundamentally another name for personnel management. It is the process of making sure the employees are as creative as they can be. HRM is a way of grouping the range of activities associated with managing people that are variously categorised under employee relations, industrial/labour relations, personnel management and organisational behaviour. Many academic departments where research and teaching in all these areas take place have adopted the title department of human resources management. HRM is a coordinated approach to managing people that seeks to integrate the various personnel activates so that they are compatible with each other. Therefore the key areas of employee resourcing, employee development, employee reward and employee involvement are considered to be interrelated. Policy-making and procedures in one of these areas will have an impact on other areas, therefore human resources management is an approach that takes a holistic view and considers how various areas can be integrated.

    Read More

  • Human Resource Management, Questions and Answers

    1663 Words  | 4 Pages

    The main purpose of Human Resource management is to develop both the individuals and the organization. This means Human Resource is not only responsible for finding and maturing talents of workers, but also putting programs in effect that will enhance communication between other workers.

    Read More

More about Human Resources Management: The Importance Of Human Resource Management

Open Document