Sunday, June 2, 2019
Human Resourse Management Essay -- GCSE Business Marketing Coursework
Human Resourse ManagementThis essay will review the role of military personnel imaging management (HRM) in the strategy process. This will include the function of recruitment and training programs in HRM, the concept of strategic fit and how human choice management can lead to a competitive advantage. The manner in which an organisations personnel are managed has a tangible influence on the productivity of the employees, which ultimately acts upon the firms bottom line. Corporate success is dependent upon the integration of the human resource plan and the corporate strategic plan.It has beget a widely held premise that people provide organisations with an important source of sustainable competitive advantage and that the effective management of human capital, non somatogenic capital, may be the ultimate determinant of organisational performance (Youndt, Snell, Dean, Jr, & Lepak, 1996). The relationship between the strategic planning of an organisations people and the overall str ategy is world increasingly recognised as one of immense importance. A growing recognition of human resources as being a companys more or less important asset has, and will continue to, change the focus of strategic planning. It is no longer acceptable to exclusively plan for those assets that will appear on the balance sheet. A cohesive plan integrating human resource management and the overall strategic plan is necessary, such that the management of people is not a distinct function, but acts as a medium through which all other business strategies are implemented (Armstrong and Long, 1994 p. 42). In essence, the competitive, human resource, and morphologic strategies should all be linked in a systemic and dynamic fashion (Boxall, 1996 p. 61). Unfortunatel... ...y, T.E. (1993), Strategic Human alternative Management, Thomas Nelson Australia Melbourne.Schuler, R.S., and Jackson, S.E. (1987), Linking Competitive Strategies with Human Resource Management Practices, The Academy of Management Executive, Vol. 1, No. 3, pp. 207 - 219.Schuler, R.S., and MacMillan, I.C. (1984), Gaining competitive advantage through human resource practices, Human Resource Management, 23 (3), pp. 241 - 255.Skelton, B (1996), Flexible men is a business strength, Human Resource Week 96, The Age, pp. C10.Torraco, R.J., and Swanson, R.A. (1995), The Strategic Roles of Human Resource Development, Human Resource Planning, 18 (4), pp. 10 - 21.Youndt, M. A., Snell, S. A., Dean, Jr., J.W., & Lepak, D. P. (1996). Human resource management, manufacturing strategy, and firm performance. Academy of Management Journal, 39 (4), 836-866.