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Strategic human resource management must be a means to achieve corporate strategy
Strategic human resource management must be a means to achieve corporate strategy
Strategic human resource management must be a means to achieve corporate strategy
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Recently the Human Resource Management (HRM) concept and true functionality have taken their final shape in Bangladesh. The companies in Bangladesh have realized the main role of HRM as vital component in the development mechanism of any organization to achieve its targets and main objectives, and to get competitive advantage (Islam 2006) . Therefore, all HRM responsibilities , contributes are being recognized as crucial as all other organization departments (Islam 2006). This paper focus is going to be the Supply Chain Department (SCD) of Square Pharmaceuticals Ltd in Bangladesh as an example of HRM role and contribution in overall business strategy and developing human resources. The supply chain department of SPL is responsible for providing all other departments with their requirements, such as raw materials, to carry on the production process. 1.0 Overall view of Square Pharmaceuticals Ltd (SPL) SPL is one of the biggest pharmaceutical companies in Bangladesh. Its main production covers wide area of medical, veterinary, agricultural fertilizers and pesticides products. Since 1987 SPL has started exporting its products globally. SPL mission, objectives, and vision are as follow : • Vision: (view business as a means to the material and social well being of the investors, employees and society at large, leading to accretion of wealth through financial and moral gains as a part of the process of human civilization) • Mission: (mission is to produce and provide quality and innovative healthcare relief for people, maintain stringently ethical standards in business operation and also ensuring benefit to the shareholders, stakeholders and society at large) • Objectives: (objectives are to conduct transparent business oper... ... middle of paper ... ...stem must be continuous all around the year and should be done not only by workers and managers onyx, but also by customers, peers, and clients. Finally, introducing computerized database could reduce the amount of manual file work to reduce the costs and improve the HR department efficiency Works Cited . "Vision; Mission; Objectives." from http://www.squarepharma.com.bd/mission-vision.php. Dessler, G. and B. Varkkey (2009). Human resource management. India, Dorling Kindersley Pvt. Ltd. Islam, K. A. (2006). Whither HRM in Bangladesh. The Observer: 27-28. Nazim-ud-Din, M., et al. (2006). "Human Resource Management Practices: A Case Study of the Supply Chain Department of Square Pharmaceuticals Ltd." Serlankian Journal of Management 11. Schuler, R. S. and S. E. Jackson (2008). Strategic human resource management, John Wiley & Sons.
Both, vision and mission statements provide purpose to organizations. Therefore, they should set the foundation for the strategic planning process. However, if and organizations strategic direction evolves, leaders should consider revising the organization’s mission and vision
Mathis, R. L., & Jackson, J. H. (2010). Human resource management (13th ed.). Mason, OH: Thomas/South-western
Noe, Raymond A., et al. Human Resource Management: Gaining a Competitive Advantage. 7th ed. New York: McGraw-Hill/Irwin, 2010. Print.
Mission Statement: We provide expert care and innovative solutions in pharmacy and health care that are effective and easy for our customers.
Noe, R. A., Hollenbeck, J. R., Gerhart, B., & Wright, P. M. (2014). Fundamentals of human resource management (5th ed.). New York, NY: McGraw-Hill Education.
Lengnick-Hall M.L.; Lengnick-Hall, C.A.; Andrade, L.S.; Drake, B. 2009. “Strategic human resource management: The evolution of the field.” Human Resource Management Review, 19, pp. 64-85.
The first chapter in this book explains a business’ mission and values. When discussing the mission, Welch states that in order to create an effective mission statement, one must explain how they intend to win in that particular business. The key is profitability, “Delineate their strengths and weaknesses in order to assess when they can profitably play in the competitive landscape,” (Welch, 15). This means to define the business’ strong and weak points to evaluate where they can efficiently and profitably fit within that specific business sector’s scheme. In order to come up with the mission, one can receive input from any source, but one should especially listen to the intelligent ones from all of the different sectors. Although, it is the responsibility of the top management or whoever is held responsible for it, to put it in place, it is their “defining moment,” (Welch, 17). The mission is what a business plans to do to win and values are ...
The company shows a flat organization in which there are few layers of management but has broad span of control. According to the chart, the company develops a decentralized authority in the level of their management due to which they focus more on adapting to what customer wants based on decision making from the lower level managers who are more familiar in the local conditions. This type of authority allows them to understand customers such as patients’ needs in order to develop strategies to fulfill this requirement According to Figure 1, they primarily focus more on the health care system and invested in about $7.5 billion dollars in research and development to create a strong product portfolio. The culture of this organization demonstrates a formal organization in order to guide the lines of authority as well as the responsibility for the company. According to Johnson and Johnson Credo statement, their main focus is towards the responsibilities of the doctors, nurses, and patients as well as their employees. They also state their growing responsibilities toward the shareholders and to the communities in order to research and develop new innovations in towards civic improvement to the communities. This entails that they fully care for their customers and employees in which its shows in
In this assignment the duties of everyone in the hospital will be discussed in depth. As a health care professional working at the 21st Century Solutions Health Care Hospital, I will be working with others and identifying ways in which we can provide our patients with the best care. At the 21st Century Solutions Health Care Hospital, the organizational structure consists of: Administration Services, Informational Services, Therapeutic Services and Support. The administration team is a group of individuals who main duty is to make sure that the hospital is ran efficiently.
For a mission to clearly state its purpose and make organization’s employees to understand as well as put their efforts in that respective, an effective healthcare manager should convene with the employees and communicate explicitly about the statement of organization distinctiveness. Apart from this, for employees to be committed to the
Our Mission: Our mission is to improve the health of every individual in Hillsboro County through the delivery of exceptionally innovative and compassionate care. To enhance lives and preserve the health of our patients by facilitating access to a comprehensive, fully integrated network of the highest quality and most affordable care, delivered with absolute kindness, integrity, and respect. Our Vision: To be the leader in the transformation and progression of healthcare and enable every community member we serve to enjoy the utmost quality of life.
Byars, L. L. (1997). Human Resource Management. Chicago, IL: The McGraw-Hill Companies, Inc. Mills, D. Q. (1994).
Willy McCourt & Derek Elridge (2003), Global Human Resource Management, pp 311 - 315. Edward Elgar publishing.
Mission- to provide values to the lives of customers, to make the lives of partners worthy, concern about environment and community
Vision, in respect to an individual, helps in tracking a particular goal after performing any activity. The idea of vision helps a company or an individual in determining the fact that it helps in meeting the demands of an individual. It is not always important for an individual to deliver works that is upto to the satisfaction level of his or her mind. Thus, developing a vision can help in increasing the profitability of an individual in developing personal leadership model. It is also important for an individual in delivering the satisfactory level of work by working in a team and applying utmost power or strength in that work, This can further improve the skill of an individual by applying personal skill of leadership.