Management of Human Resource - Assignment Example

MANAGEMENT OF HUMAN RESOURCE Human resource management plays an important role in creation of competitive advantage. The HRM has theresponsibility of recruiting the most competitive employees and designing effective training programs that can ensure success of the business. Furthermore, HRM should ensure that they retain the most productive employees and avoid losing such employees to their competitors (Jackson, Schuler & Werner, 2012). This may help in ensuring success of the company within an industry.

HRM may also help in monitoring employee performance and evaluating them based on the industry standards. A company with a good HRM that ensures recruiting the best employees, retaining the best performing workforce and awarding them may have an edge as far as competitive advantage is concerned (Jackson, Schuler & Werner, 2012). Companies such as Apple have been able to retain their best employees and ensuring competitive compensation. This has made the company have a competitive advantage in the mobile phone industry.

Planning is essential to gaining a competitive advantage. Human resource management ought to proficiently make strategic plans that will sustain the firm for decades. Planning is essential since it ensures building of the capacity and capability of the employees (Jackson, Schuler & Werner, 2012). This may play an integral role in achieving full potential. Planning may further help in achieving a competitive organization behavior, making significant decisions such as hiring experienced professionals, determining competitive pay and tactics, determining competitive training programs and ensuring employee relations.

To members of the organization, human resource management should deal with issues that may improve employee compensation, creating a good working environment and issuance of long term contracts hence boosting employees’ morale and raising their confidence (Jackson, Schuler & Werner, 2012). Further, human resource management should work towards the business continuity, boost financial returns and build an attractive business name that can impress or rather reward the company owners or investors.

In addition, customers’ issues should be prioritized by the human resource management by encouraging innovativeness, lowering prices of products and ensuring both reliability and quality (Jackson, Schuler & Werner, 2012). Human resource management should also strive to adapt an organized problem solving ability among employees as well as raising trust among the employees. This may have an overall advantage on the company in terms of how it is viewed by other organizations. Finally, human resources management should work towards ensuring good ethical practices and encourage both legal compliance and social responsibility among the clients.

ReferenceJackson, S. E., Schuler, R. S., & Werner, S. (2012). Managing human resources. Mason, Ohio: South Western cengage learning.