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Concepts of strategic HR
Concepts of strategic HR
Strategic HR "case study
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QUESTION 1
1.1) THE IMPORTANCE OF RE-INVETING TRADITIONAL HR AND ITS PROCESSES IN ORDER TO DRIVE CONTINUED INNOVATION
In his book, A Handbook of Human Resource Management Practice, Armstrong (2006:3) states that “human resource management is defined as a strategic and coherent approach to the management of an organisation’s most valued asset- the people who work there who individually and collectively contribute to the achievement of its objectives.” This definition of Human resource management (HRM) highlights how policies, and systems, together with employee’s behavior (attitude patterns) determine the performance and ultimately the success of an organization. All of these components in-turn makes the HRM function one that is essential in
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They have described these decision making process as a ‘science’ and emphasise that, “ the goal of a talent decision science would be to increase the success of an organisation by improving decisions that impact or depend on talent resources. This need brought about the birth of Strategic Human Resource Management (Boudreau, Ramstad, 2004:7).
Strategic Human Resource Management is a premeditated and tactical method of People Management. Its practices are aligned with that of the organisations strategic goals (Armstrong, 2006:3).
This is a different approach to Traditional HRM in that with strategic human resource management, HR plays a role in the overall formulation of company strategy and aligns its functions to this strategy. HR managers are also involved in decision making at this level and there is full integration between human capital and all the other functions of the organisation, e.g. marketing and finance (Grobler et al,
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Good management keeps a company alive…. The success of almost any initiative depends on its leaders and talent analytics is no exception”
Davenport, Harris and Shapiro (2010),
Any contemporary organization aspiring to keep afloat in today’s competitive market should consider shifting towards strategic management of their employers and following an analytical approach to assess overall efficiency and assist in decision making
There may however be a few gags along the way which managers would need to consider before making such a huge change. New strategy usually results in new structure formation with in an organization. The two cannot be divorced from one another
• The idea of trying to improve that which you cannot measure
• HR officials and their aversion to change. Appetite for quantitative analysis what the current workforce lacks
• Top management support needed. Training. Score cards
• The culture of an organization and its business
Many corporations struggle with bringing in quality talent into business (Paradise, 2010). Consequently, as the workforce continues to change at warp speed, talent benchmarking strategy is the biggest challenge management faces now and the next five years in all forms of succession planning (Sims, 2014). A strategy to overcome talent benchmarking is having talent reviews along with meeting notes (Sims, 2014). Documenting what took place in the talent review is essential for management to get planning underway and refer to the order of what should happen first, second, and so forth in talent management (Sims, 2014). Although it might be true that talent benchmarking being the mightiest challenge in informal succession
Gaining and retaining the best possible employees is something every company wants to do. The best way to accomplish this is by implementing talent management into the fabric of human resources. It may take a high level of commitment and planning, but the rewards can be astounding. From specific training, to motivation, optimizing each aspect of talent management allows for businesses and groups to reach their goals. “It is difficult to identify the precise meaning of talent management because of the confusion regarding definitions and terms and many assumptions made by authors who write about talent management” (http://www.irproje.com/media/userfiles/610013.pdf).
Torrington, D., Hall, L., Stephen, T., and Atkinson, C., 2011. Human resource management. 8ed. Essex: Pearson.
It is essential for organization to hire the right mix of people for their organization to run efficiently and effectively. All positions hold the key; even though every position is not that of an executive or manager. According to Silzer and Dowell (2010), whether a company succeeds or fails is determined by its talent. This writer believes with the global and technological expansion of the 21st century talented people will always be in demand. …“Collins (2001) suggests that having the right people comes before having the right strategies” (p. 3); as a result, this writer believes that organization will remain competitive with their internal and external quest for talent.
Firms need to keep competitive with the industry and do in order to bring in the most talented people they need to make sure they are doing everything they can to recruit the best possible talent. In today’s business marketplace it is not only to create a product that consumers would want but to keep the company innovative and on the cutting edge of business, they will also need to hire the right talent. The human resource department and recruiting firms need to understand what the business world is looking for and how to achieve the goals of the company. Anyone can fill a position within a company but to get the right person is much harder to do. Understanding the goals and corporate environment that the business has developed, then it will more efficiently attract the best talent.
At my organization, the City, managers look to HR to provide effective staff. Managers at the City are often employees who have worked their way up the career ladder and achieved promotions through proven skill, education and ability. They are not schooled in the field of human resources. The managers rely on HR to help satisfy staffing needs for departments and to help determine how best to use existing human assets. HR can determine if existing staff can be used, create a business case for a new position or job description and develop processes for identifying suitable employees. The expectation is that HR be able to identify qua...
It seems that their is a challenge in building a talent pipeline that can be sustain changing trends in the workforce. To meet the challenge Human Resources (HR) Department need to carry out talent alignment for all intents and purposes to complement the organizational strategies. By doing so well allow the organization to identify, source, and secure the best talent in the market as well as “to know and understand the business plans in order to ensure that you have talented employees and leaders who can make those plans a reality” (Silzer, 2010, p. 124).
The Web. 6 Apr. 2012. The. Gueutal, Hal G., and Dianna L. Stone (eds.). "Chapter 9 - The Next Decade of HR—Trends, Technologies, and Recommendations".
Ulrich, D., Younger, J., and Brockbank, W. 2008. “The twenty-first century HR organization.” Human Resource Management, 47, pp.829-850.
The talent management is defined by the Five STAR program where managers “begin a process of cascading, aligning, and translating these imperatives into clear goals and SMART (specific, measurable, attainable, realistic, and timely) objectives that relate specifically to each of the five STAR points” (NCHL). The programs institutes and refines goals, stipulates accountability and heighten company objectives correlating with each employee’s potentials. The principles of the succession planning and talent management strategy are to review and assess key talents to foster innovation and advancement in their careers.
Understanding the strategic potential of HRM is a relatively recent phenomenon. Strategic HRM attempts to bring HRM to the boardroom. It requires personnel policies and practices to be integrated so that they make a coherent whole, and also that this whole is integrated with the business or organisational strategy.
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...
According to our textbook Human Resource Management (HRM) is the policies, practices, and systems that influence employees’ behavior, attitudes, and performance. “The human resources management process involves planning for, attracting, developing, and retaining employees as the HRM planning provides the rights kinds of people, in the right quantity, with the right skills, at the right time (Lussier, 2012, p. 240).” According to our textbook the typical responsibilities of the Human Resources department fall into three categories, and they are administrative services and transaction, which handle hiring employees. The second involves business partner services that focus on attracting, evolving, retaining employees by having a clear understanding
Human Resource Management (HRM) is fundamentally another name for personnel management. It is the process of making sure the employees are as creative as they can be. HRM is a way of grouping the range of activities associated with managing people that are variously categorised under employee relations, industrial/labour relations, personnel management and organisational behaviour. Many academic departments where research and teaching in all these areas take place have adopted the title department of human resources management. HRM is a coordinated approach to managing people that seeks to integrate the various personnel activates so that they are compatible with each other. Therefore the key areas of employee resourcing, employee development, employee reward and employee involvement are considered to be interrelated. Policy-making and procedures in one of these areas will have an impact on other areas, therefore human resources management is an approach that takes a holistic view and considers how various areas can be integrated.
Strategic planning directly impacts towards the organizational performance. The level of organizational performance directly depends on the level of performance of the managers and the individual workers in the organization. The human resources (HR) of the organization define the capabilities and capacities of the organization in order to change an address employees issues, needs, and challenges. As a result, it is necessary for the managers to ensure that the strategic planning process would be able to bring out the best possible productivity levels from the human resources of the organization. The alignment of the strategic planning process of specific characteristics of the human resources of the organization will directly determine the natural ability of the organization to perform according to the desired goals and objectives of the business.