Table of Contents
2.0 HRM and the HR function.
Definition of HRM and HR function.
Importance of HRM and HR Function.
3.0 HR Planning.
Purpose of HR planning.
How HR planning is useful for Flat Metal Pressing.
4.0 Training and Development
Improve employee knowledge and skills.
Improved Employee Performance and productivity.
5.0 Change Management
6.0 Employment Legislation.
Human resource management is one of the key functional areas of a business. This paper discusses and analyzes the issues related to human resource management in the case of a particular organization. The organization’s name is Flat Metal Pressing. This company produces flat metal pressing for the automotive industry. This has about 500 employees, thus, it is dealing with several issues of human resource management. This paper, first, discusses human resource management (HRM) and its function. Then, this paper discusses HR planning. Next, the issue related to training and development is discussed. Then, this paper outlines the change management issues. Following this, the employment legislation is outlined. Then, the issue of globalization is discussed in the context of human resource management. Finally, the finding of this paper is concluded with recommendations for Flat Metal Pressing.
2.0 HRM and the HR function
Definition of HRM and HR function
The term human resource management (HRM) is defined as the management of people within organizations (Mullins, 2015). Torrington et al. (2016) defined HRM as the process of managing people within the workplace in a particular structured as well as thorough manner. Briton and Gold (2014) said HRM is the process of managing people in businesses from macro perspectives. On the other hand, the HR function refers to the functions of a business that are related to the managing of people in the workplace. The key HR functions in a business are planning, staffing, employee development, and employee maintenance.
Importance of HRM and HR Function
Human resource management plays a significant role to improve their business performance and productivity and gain organizational goals. HR strategies and practices fit within the business objectives in several ways. Mullins (2015) said the key importance of HRM is to hire the right people at the right time for the right positions. In addition, the HR department deals with other business functional areas related to performance management and staff motivation issues. Mulero (2010) HRM deals with staffing, employee development and motivation, performance management, and reward schemes that support to gain organizational objectives. Torrington et al. (2016) said HRM supports in reducing staff retention and confliction, and overall human resource management costs. In addition, Britton and Gold (2014) stated that effective HRM strategies improve staff retention and loyalty, organizational culture, equality, and diversity, and give competitive advantages to the business.
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3.0 HR Planning
Purpose of HR planning
According to Mullins (2015), HR planning refers to the set of processes and initiatives that help businesses in recruiting and selecting skilled and talented people, managing employees, and analyzing workforce requirements. Bandt and Haines (2012) said the purpose of effective HR planning is to address long-term human resource needs and organizational goals and objectives. Briton and Gold (2014) said the aims of HR planning are to match organizational goals, gain competitive forces, improve skills, review performance, and manage mentorship and employee recognition. In a word, the purpose of HR planning is to boost up employee performance and productivity to meet the organizational goals and objectives (Dutta, 2016).
How HR planning is useful for Flat Metal Pressing
Effective HR planning is useful for Flat Metal Pressing in different ways of meeting the organizational goals and objectives. The study on the Flat Metal Pressing case discloses that it should focus on a number of issues related to HR planning. First, Flat Metal Pressing can improve its HR policies by adjusting to the current legal framework. Second, Flat Metal Pressing should improve its recruitment and selection policies to hire skilled and experienced talent from diverse cultural backgrounds to reduce skill shortage and skills gaps. Third, it is essential for Flat Metal Pressing to improve its incentive and reward policies and performance appraisal policies for improving staff motivation, retention, loyalty, performance, and productivity in the workplace…………..