Essay on Human Resource Management at Square Pharmaceuticals in Bangladesh

Essay on Human Resource Management at Square Pharmaceuticals in Bangladesh

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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 operation...


... middle of paper ...


...itical assessment of HRM techniques to develop employees
There are many steps the HRM can take to improve and facilitate the worker development process. For example, providing web based training software’s to reduce the costs and time. Another thing is to allow job enlargement, rotation, enrichment, team work to improve and enhance the workers skills and abilities. The appraisal system needs complete reform. The management team must be able to appreciate workers performances through recognition, praise, and by giving them more tasks as incentives. What is more, the appraisal system 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



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Essay on The Supply Chain Department of Square Pharmaceuticals

- 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....   [tags: hrm role, bangladesh, pharmaceutical]

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