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aspects of talent management
importance of talent management in an organization
importance of talent management in an organization
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The Importance of Talent Management: HR Generalist vs. HR Specialist
Most often, as employees, there is a perception that human resources management is unpretentiously condensed to personnel’s paperwork responsibilities. However, that was the human resources of the past. In the past, human resources was not perceived as a major division of corporations. However, times have certainly changed. Today, the significance of human resources management is extremely substantial and vast. It has become more and more meaningful and is a major significant component of a given organization in our society. Many corporations are now understanding and identifying that human resource management can really assist their organization to progress. In fact, in order for any organization to be successful they must recognize the intricate benefits of human resource management beyond the usual hiring procedures. Talent acquisition is a critical part of human resources and is what makes human resource management so advantageous.
Organizations must be chiefly skillful at bringing together diverse groups of people to provide distinctive services in order to achieve a common corporate purpose (2013, p. 4). The truth is that an organization cannot build a good brand and/or team without first creating great employees, talented professionals, and building a knowledge management structure. Particularly, with professionals who will be positioned or aspired to manage any given organizations. They need great employees in order to operate great divisions and departments. From managers to executives they are tasked with human resource responsibilities and obligations. Since, people are fundamentally an extension of the organizations they embody, every managing prof...
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...gly in demand and less effected by economic downturns. When the economy is down, human resource generalists have the capacity to take on more of responsibilities and obligations. In addition, they can essentially learn, the specialties of those human resources specialist. The good news is that human resources management skills are cross-functional and most specialist go on to become specialist.
References
Evans, P. A. (1984). On the Importance of a Generalist Conception of Human Resource Management: A Cross-National Look. Human Resource Management, 347-363.
Hunt, J., & Boxall, P. (1998). Are top human resource specialists 'strategic partners'? Self-perceptions of a corporate elite. The International Journal of Human Resource Management, 762-781.
Snell, S., & Bohlander, G. (2013). Managing Human Resources. Canada: South-Western Cenage Learning.
Noe, Raymond A., et al. Human Resource Management: Gaining a Competitive Advantage. 7th ed. New York: McGraw-Hill/Irwin, 2010. Print.
Ulrich, D., Younger, J., and Brockbank, W. 2008. “The twenty-first century HR organization.” Human Resource Management, 47, pp.829-850.
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)
" This global London-based mining and mineral company was severely impacted by the global recession in 2008. Such an impact forced unprecedented workforce reductions worldwide and decentralized HR management had to be brought in under a single umbrella to ensure an orderly and efficient system that would support the organization’s future productivity."( Case Study OneRedesigning HR HRMG 5000 - Student Simple). Human resources have a strategic significance if managed efficiently and productively. The company revamped and managed its HR functions in a manner so as to achieve the strategic goals of the
Noe, R. A., Hollenbeck, J. R., Gerhart, B., & Wright, P. M. (2013). Human resource management: gaining a competitive advantage (8th ed.). New York: McGraw-Hill/Irwin.
About 900,000 people employee in the career field of a human resources specialist. There are about 400,000 jobs of human resources available in the U.S. today. Human resources specialists 70,000 people get jobs that is about 13%. They say that the percent will grow to be twenty by the year 2024. Over the next 10 years in the HR specialist can expand 60% are rewarded employees. It has grown in the past five years about 7.6 percent and they are hiring a lot more to the percent of mere hired people has grown to about 30 percent in the past ten years. They estimate that about fifteen percent will grow of hired people in the next twenty years. Most jobs related to the career of a human resource specialist are most often f...
Human Resource Generalist are more organizationally oriented, they are in favor of the organization and promotion as opposed to depth of knowledge, (Cesare and Thornton, 1993). It is also argued that, “in direct contrast, generalists: 1. possess a macro orientation characterized more by breadth of knowledge than depth, 2. are more loyal to their employing organization than a professional group, and 3. aspire to climb the corporate hierarchy as it exists.” (Cesare and Thornton, 1993). The Human Resource Generalist are broad in their capacity to perform more than one task without being at risk of become obsolete to the organization. Their acumen allow them to engage in the practicality of company affairs which allows for recognition and promotion. Dany, Guedri, and Hatt, quotes Ulrich who argued the notion of, “honoring Human Resource Generalist as business partners because of their vitality to organizations” (Ulrich, 1996). Human Resource Generalist are able to manage human capital and simultaneously strategize for business expansion and profitability as they coordinate with line managers of said organizations. Thus, it is highly argued that, “that Human Resources Generalist integration with strategic management is what really contributes to company performance, and if Human Resources Managers issues are understood to relate to the business in the organization” (Dany, Guedri, and Hatt, 2008, pg. 2098)
Overall, human resource plays an important role in the business growth of a company. This is mainly due to the strategic issues faced are mostly human related based. Hence, with strong human resource management, companies will be able to maximize the gains from their employees that will result in maximum productivity that further leads to higher and sustainable growth.
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...
In this study, working from the Universalist, contingent and configurationally perspectives, we sought to identify possible existence of human resources management models and their links with the strategy of the company. The empirical analysis was conducted with 130 industrial company’s reveals three distinct models of human resource management but with behaviors independent of the strategies followed by the companies. At the same time we found within each model, orientations of particular processes that are common among them and are thus characteristic of a universal list
Mathis, Robert L., John H. Jackson. Human Resource Management. Essential Perspectives. 1st edition. South-Western College Publishing. Cincinnati, 1999.
The Human Resources (HR) department plays a significant role with employee attraction and retention. HR practices comprised of “Participation, leadership, teamwork, training and development, recruitment, and selection” (Mahal, 2012, p.41).
During my 16 years of working, three major jobs, six jobs total, I have encountered different sides and roles that a Human Resource Manager plays. Being able to be promoted into an HR position myself, I found out more in depth what the job functions and duties of the HR manager were. I had never gone to school or had any other learning outside of the job. Because I was and still am, determined to learn all that I can in whatever job I am in, I always take the initiative to go above and beyond my job duties, and that is how I landed the job in Human Resources. The role of HR managers differs depending on the company that you work for. HR then in 2010 when I held the position, is a lot different than now, the role
1. Mello Jeffrey A. (2002) Strategic Human Resource Management. South Western Press, Canada. 2. William P. Anthony et al (1999) Human Resource Management: A Strategic Approach. Harcort, Inc., USA
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.