Organisations can win the ‘war for talent’ and hence increase their competitive advantage by creating and maintaining loyalty within organisations, albeit sometimes requiring considerable investment, effort and commitment to overcome obstacles. This discussion will also form the basis of illustrating that HRM performs more than administrative duties and plays a vital role in determining an organisation’s success. Examples of organisations’ successes in attracting, motivating, and retaining employees will be illustrated throughout the discussion. This essay concludes with an analysis of the skills HR managers need to become a strategic partner in the organisation.
Competitive advantage refers to an organisation maximising its strengths as a method to compete in the marketplace (Bartlett & Ghoshal 2002). This consists of cost leadership as well as differentiation in products and services (Global Reporting Initiative 2002). In addition, an organisation achieves competitive advantage by winning the ‘war for talent’, which is the ultimat...
... middle of paper ...
...anagement in Australia: Strategy, people, performance 3rd., Sydney, Australia: McGraw-Hill.
Dowling, P.J., Festing, M. & Allen D. Engle, S., 2008. International human resource management: Managing people in a multinational context 5th., Boston: Cengage Learning.
Global Reporting Initiative, 2002. Sustainability reporting guidelines. Environment. Available at: www.globalreporting.org.
Holland, P., Sheehan, C. & De Cieri, H., 2007. Attracting and retaining talent: Exploring human resources development trends in Australia. Human Resource Development International, 10(3) pp. 247-262.
Jeffries, F.L. & Hunte, T.L., 2004. Generations and motivation: A connection worth making. Journal of Behavioural and Applied Management, 6(1) pp. 37-70.
Jensen, E., 2005. HR’ s role in helping companies achieve high performance. Employment Relations Today, 32(2) pp. 39-52.
Need Writing Help?
Get feedback on grammar, clarity, concision and logic instantly.Check your paper »
- The shortages of teachers might not be the biggest issue right now, but if it is ignored like it has been in recent times, it could create a very big problem in education system. Due to various reasons, teacher retention has been one of the biggest problem. Hence, the role of HRM has never been as vital before. Ashiedu, and Scott-Ladd (2010) believes that the effective utilization of Strategic Human Resource Management (SHRM) can help in attraction and retentions of the teachers. While SHRM is not new to the private sectors, public sectors are falling behind while implementing this strategy.... [tags: human resource management]
528 words (1.5 pages)
- ... If they feel that what they bring to the table help the organization to reach the goals, and that they are important for the development, it will increase their commitment and effort. • Performance Appraisal By giving employees recognition and appraise for a job well done, they will find the motivation to continue that trend. It is never fun to get poor feedback if you have put a lot of work and effort into a project. Employees need to feel safe enough to make mistakes, learn from it, and to use that new knowledge to improve their work.... [tags: Human resource management, Management]
1357 words (3.9 pages)
- ... In addition to introductions, training is another important aspect of HRM. “Those who do not learn cannot share and end up not belonging” (Olila & Quillien, 1992). Each new employee should be trained in both the functions of the job, as well as the expectations of interpersonal relations at the workplace. This training is exceedingly valuable when trying to counteract future misunderstandings. Equally important is employee evaluations and feedback. Employee evaluations should be used in order to give the organization an idea of what changes need to be made and what can be improved upon at the basic level of the individual employee.... [tags: Human resource management, Human resources]
1829 words (5.2 pages)
- ... In order to conquer and sustain compliance, the organization has to develop an effective strategy that will yield positive results rather than elusive. Human resource compliance should ensure that both individuals and groups are well informed about the organization’s laws and that all established laws and policies are being carried out. HR must employ and maintain personnel that are knowledgeable about the specific HR laws as well as those who can establish policies and procedures that relate to the laws.... [tags: Human resources, Human resource management]
1355 words (3.9 pages)
- ... Therefore, the studies lack specific solutions on what HR practices to implement that will drive the employee’s performance to reach organizational goals. However, the early studies have influenced many executives to emphasize the need to effectively draw the talent, as well as develop, motivate and retain the talent in the organization. Therefore, the latest practices of the HRM are focused not only on tools used to build the human capital, but mostly on practices that can provide competitive advantages of the organization.... [tags: Human resources, Human resource management]
1194 words (3.4 pages)
- Human Resource Management Explained Joshua S. Borne Barry University Human Resource Management Explained Today’s business environment is ever changing. What took years to develop and distribute is now done in just days. With this ever evolving environment, business culture has to adapt to change and with it Human Resource Management (HRM) needs to change as the business environment changes. It needs to do this as an issue of reacting to changes in that environment and if foreseeing such changes and settling on proactive choices about the way of HRM.... [tags: Human resource management, Human resources]
3425 words (9.8 pages)
- ... Robbins compares, “Under Theory X, managers believe employees inherently dislike work and must therefore be directed or even coerced into performing it. Under Theory Y, in contrast, managers assume employees can view work as being as natural as rest or play, and therefore the average person can learn to accept, and even seek, responsibility” (Robbins, 2014, p. 186). The many layers of an organization will consist of both theory x and theory y individuals. In my views, the utilization of the participative management, representative participation and the variable-pay program will motivate any respective stance employee.... [tags: Motivation, Management, Employment, Goal]
1158 words (3.3 pages)
- ... “HR professionals who have the business acumen to contribute to business strategy at the highest organizational levels are leading the shift in the HR profession from administrators to strategic advisors” (Management, 2002). ”Many HR organizations are challenged by the need to strike a comfortable balance between achieving greater HR service-delivery efficiencies and maintaining the “personal touch” culture” (Transforming HR: Becoming a Strategic Partner, n.d.). The human resource department is able to offer more to an organization than recordkeeping, payroll and organizing employee benefits.... [tags: Human resources, Human resource management]
1310 words (3.7 pages)
- Human Resource Management of Zappos.com Introduction Human Resource management has a high impact on the overall organization being managed. HR management makes certain that human talent is used successfully and resourcefully to accomplish organizational goals. As an organization core competency, human resources has distinctive competencies that generates high value and sets apart an organization from competitors in areas such as productivity, quality and service, employee skills, and innovative changes.... [tags: Human Resource Management ]
1401 words (4 pages)
- Armstrong ( 2010) defined Strategic Human Resource Management (SHRM) as “an approach to making decisions on the intentions and plans of the organisation in the shape of the policies, programmes and practices concerning the employment relationship, resourcing, learning and development, performance management , rewards and employee relationships,” ( p. 115). There is a paradigm shift from a functional role to a tactical one through the strategic management process. SHRM is very important to the effectiveness of my learning organisation because it ensures that the needs of the learning community are met and provides the opportunity for instructional leaders to “add value to the learning... [tags: Human Resource Management ]
1221 words (3.5 pages)