Human resource Management outline - Essay Example

The Impact of Human Resource Team in Business Fields Youngrae Chung Insert Introduction and Background Information The impact of Human Resource Management policies and practices on a firm’s performance is an important topic in the business field. A growing body of research details the argument that the use of high-performance HRM practices includes training, comprehensive employee recruitment and incentive compensation. They can improve the knowledge, skills, and increase retention of quality employees while enhancing the nonperformers ability to suit the firm’s needs (Liker & Michael, 2010).

An inquiry made regarding this argument is that a company’s current and potential human resources practices are important considerations in the development of its strategic business plan.A majority of organizations would do exceedingly well if they integrated an efficient human resource management policies and practices. The latter would enable them to address the challenges faced by the professionals in the field and their daily routines. Also, it is a step in countering the goals set by the organization.

However, this is not the case since not all the organizations value the role that the human resource management would play and the benefits that come with its acceptance into the business. Analysis of HRMThe research will focus on how human resource management can aid in developing competitive advantage, particularly when aligned with a firm’s competitive tactic. I will further contest how Human Resource Management policies influence employees’ skills and motivations by contrasting two different companies and providing analytical examples to exemplify the various standings (Mazurek, 2015).

The research will also seek to illustrate contradictory statements and why HRM policies fail by providing summaries to demonstrate each effect. The terms used at present in this paper include HRM referring to Human Resource ManagementRationaleThe efficiency of a firm depends significantly on the abilities of employees to work on a common goal and the efficient utilization of resources. These measures cannot get achieved without developing a Human Resource department that needs to develop and identify the best human resource policies (Armstrong, 1999).

The recruitment and facilitation of employee skills require a dedicated and well equipped HRM department. However, the success of the human resource department depends on the dedication of all stakeholders and without these the policies are bound to fail. Attaining objectives and the firm’s mission statement requires the cooperation and coordination of HRM policies with the top management. Through these approaches, the HRM department is crucial to the efficiency of an organization.Factors influencing HRMThe human resource management is affected by many other external factors throughout their daily routines.

A change in the policies or incorporation of a novel legislation may come into play with an immediate effect. As a result, establishing an excellent strategy within the human resource depart is essential to fit the unforeseen changes that directly or indirectly affect the human resource department (Weintrit & Neumann, 2011). The government gives regulations that need to be in use thus require the agency to comply with them. Such regulations affect how hiring, termination, training and compensation of human resource staff takes place.

The firm can therefore significantly suffer if they go against such guidelines stipulated for them. Also, the surrounding economy impacts on the HRM either positively or negatively. The previous affects the nature of persons you hire and require planning for the downtime season. The continuous developments in the field of technology through external affects the human resource department. They should always be on the lookout for the kind of technologies coming into place now and then to ascertain its place in the institution.

That includes analysis on how the technology impacts on the firm. For instance, the introduction of technology may mean that the work always handled by ten or more people can comfortably be done by five or fewer persons. In that regard, the department has to cut down on the employees available so as to reduce the costs. It is also vital to note how technology is affecting how people do business and introducing novel ways of making business transactions happen (Secord, 2003). Further, the department has to engage a different gear as they get younger employees into the enterprise while sending home the older generation of workers.

That is a sensitive issue that may require a new set of means to compensate and make facilitation for a serene working place for such a group.MethodsThe methods of research will include scholarly materials from the Internet, library databases, and also from relevant books.ConclusionAccording to the research, the human resource management is a very vital entity in an organization that impacts on the skills the organization possesses. It handles retaining highly skilled employees and shaping the others to work as to meet the organizations goals.

It has to deal with external factors such as technological innovations, government policies, changing worker environment and adjust to fit new systems in the firm.ReferencesArmstrong, Michael. A Handbook of Human Resource Management Practice. London: Kogan Page, 1999. Print.Liker, Jeffrey K., and Michael Hoseus. "Human Resource Development in Toyota Culture." International Journal of Human Resources Development and Management IJHRDM 10.1 (2010): 34. Web.Mazurek, Sheri. "All About Human Resources and Talent Management.

" All About Human Resources and Talent Management. Free Management Library, n.d. Web. 03 June 2015. .Secord, Hugh. Implementing Best Practices in Human Resources Management. Toronto: CCH Canadian, 2003. Print.Weintrit, A., & Neumann, T. (2011). Human resources and crew resource management. Boca Raton: CRC Press.