HUMAN RESOURCE MANAGEMENT

Human Resource Management



Human Resource Management

Introduction

Human Resource Management is defined as the aptitude, skills, expertise, knowledge, and talent of an individual working in an organization. It is the function of an organization, which has the ability to create diversification in the organizations environment. It is said that human resource management is a dynamic field, which has the ability to adapt the understanding patterns of the practice of human resource management and system has on the performances within the organization.

However, defining the concept in its true sense is that, Human Resource Management has the focus on its practices within the organization, which develops resources, within the organization, which in addition grew with the capability of creating competitive edge through its best human resource (Delaney, 1996, pp.949-969).

It is said that without an effective human resource management, that organization cannot create its competitive edge, in addition to it, the organization is also deprived of achieving the ultimate goal, through its performances. However, by proper practicing the human resource management in any organization, it is very obvious that the organization will have its competitive edge through its people, with all the expertise, talents, and skill, which are needed the most to accomplish any complex task. Thus, that fact is the human resource management has the capability to contribute in the performance of the organization, and its business strategies by helping the firm to develop high performance work practices. The role of Human Resource Management in the success or failure of an organization is an evolving one.

Task 1

With time the economy is becoming global, similarly the workforce diversity is increasingly becoming diverse. In order to be competitive and successful organizations must manage it effectively by developing successful policies for the future. In today's world HR compliance is necessary for the business to run in this competitive environment. Hr generalist must have a thorough knowledge regarding all the areas of human resource functions as the laws formed are also affecting the employees. Since, laws are formed for HR practices to be followed it is necessary that a change in these policies can also be compensated according to it. Strong laws and HR policies developed helps in maintaining the competitiveness and profitability of the organization.

Effective human resource policies can effectively contribute to a firm's competitive advantage. It can play an integral role in determining the organizational flexibility that is influenced by strategic human resource policies. In it, these researchers argued that, an effective human resource policy is a breakthrough towards maximization of bureaucracies and inertia. This is so because it can be changed quickly to meets the needs of a changing environment. In this regard, the workforce possesses a variety of skills and behavioural repertoires and the firm flexibility is increase (Stewart, 2005, pp. 90-5).

The approaches to the practise of managing the employee welfare, varies from organization to organization, these are however in accordance with the employee benefit plan Act. However the act includes in providing the employees with the medical, hospital ...