Organisation management refers to managing of people to achieve goals and objective of the company using available resources efficiently and effectively. Basically, management comprises of planning, organizing, leading and controlling. ￼ Figure 1 - Four Functions of Management Planning to generate plans for action in future. Organizing of workers with the optimum usage of available resources to successfully carry out scheduled plans. Controlling and monitoring work done by workers and to lead workers in situational environment.
When individuals in a position, such as managers use their ability to show enthusiasm, and motivation it helps to encourage individuals to work harder toward meeting their goals. The structure help define the roles and responsibilities of the department, work groups and organization. Organizational structure is a system of tasks and policies that give members and group direction. Having a good organizational structure will lead to a good decision by businesses, for its long term investment goal. Although, it will allow people or groups to work effectively together while developing hard work ethics and attitudes.
This is done by developing the knowledge and skills of their employees, also referred to as the human capital pool. The quality of a company’s human resource management team could affect their ability to adapt to changes, which in turn determines their competitiveness. Competitiveness in the business world could be defined as a company’s ability to maintain current market share and eventually work towards gaining market share in its industry field (De Cieri). There are numerous critical factors that an organization must take into careful consideration when being involved in human resources. First off, profitability used to satisfy shareholders must be ensured, while at the same time the need to be providing quality products or services to customers.
Organizing is to determine what tasks should be done, arrange jobs to subordinates, controlling the budgeting and divided tasks to individuals or teams. Leading is to motivate staffs to work, maintaining the progress of activities and good relationship and to ensure to work done effective and efficient. Controlling is to measure work performance, assess whether goals have been met, compare the set targets, and make corrections when it is needed Organization performance is the performance effectiveness and the performance efficiency. The performance effectiveness is the measure of the task or goal accomplishment, it would be to what degree of a goal achieve. Managers who chose the right goals and achieve it can be say performance effectiveness.
HRM’s main role is to zoom into how employees can be utilized strategically and impact the business with measurable. HRM focuses on strategic direction and HRM metrics and measurable to demonstrate value. Effective HRM enables employees to contribute to the overall company direction, goals and objectives in an effective and productive fashion. In this assignment, we should look into the major changes that HRM had undergone in terms how its functions, objectives and delivery, from Personnel Management (PM) to its current form. Personnel Management (PM) vs Human Resource Management (HRM) HRM derives its origin from the practices of the earlier PM, which assisted in the management of people in an organization setup.
Essentially, the structure helps in ensuring the operations are undertaken efficiently and effective manner. The aspects that firms consider during operations have to directly cover the status of employees. There is need of engaging with the staffs for their views. Through the study, direct observations are made from their conduct in places of work (Auer & Antončič, 2011). It helps in identification of their needs and satisfaction level considering the organization structure.
The organising process identifies plans that is needed for an organisation, by assigning tasks to employees and group of individuals in the company, with the help of planning ,the organization’s objectives can be easily achieved. In other words, organizing can be referred as the ideas of changing plans into actions. In a larger picture, organizing can be seen as the bridge that connects the conceptual thoughts created in making and arranging to the particular implies for fulfilling these thoughts. Organizing involves in the following activities : (a) Identify the activities needed to achieve the objectives and and execution of plans. (b) Gathering activities to create independent jobs.
The human resource management concept leads to improvement on a whole basis. Human resource management is a wide and significant concept that allows organizations to execute business procedures to be at its best. It is necessary that proper balance be formed in order to allow organization to grow and expand at a continuous manner. This means a lot from the perspective of seeing to it that the control is likely to be formed upon one or the other relevant areas as well. Primarily, human resource management aims upon raising the effectiveness and involvement of employees just as to make goals and objectives achievable and attainable.
Also, such data can be used as an input for SWOT analysis which includes the assessment of strengths, weaknesses, opportunities and threats that the organization sustains with. • Mission, Vision and Value Alignment- Alignment is one of the most critical concepts of business planning. Every organization must have a clear picture of its stated mission and vision. It is also necessary for its owners to have an idea of why the business exists, what services it provides and who its clients are. With these in place and with the help of business planning, goals and objectives are aligned with the mission, vision and values of an organization.
The Importance of Metrics Abstract Establishing metrics is crucial to any organization, especially in technology related company projects. Metrics permit organizations to measure its performance against industry sectors to determine how well the company is doing. Furthermore, metrics allow organizations to evaluate and improve the effectiveness and efficiency of its processes. Metrics are designated in different categories. The categories identified in this document include output, in-process, and people.