Critically evaluate if HRM managers can be the “Guardian of Ethics” in an organization. Human Resource Management is the process of acquiring, training, appraising and compensating employees, and of attending to their labor relations, health and safety and fairness concern. “Human Resource Management is a distinctive approach to employment management which seeks to achieve competitive advantage through the strategic deployment of a highly committed and capable workforce, using an array of cultural, structural and personal techniques” Storey (1995) Human Resource Management is a managerial perspective which argues the need to establish an integrated series of personnel policies to support organizational strategy. The concept of human resource management took the management world by storm during the 1980’s and had represented a significant change in direction. HRM is resource centered, directed mainly at management needs for human resources to be provided and deployed. An example could help explaining why human resource management has been important in an organization - the number of small and medium enterprises in India is estimated at 3.3 million, and they employ more than 18million people. SME’s account for 95% of the industrial units in India. More than half the people working in the United States-about 68 million out of 118million- work for small firms. Statistically speaking, therefore a good number of people graduating from schools, ITI’s and colleges in the
Human resource is an appellation used in referring to the workforce of an organization or company. Human resource management is involved in the act of putting together employees in an organized manner to assure the objectives of the organization are achieved in a competent and experienced manner. Human resources are the most important services of any organization since they are the catalysts of non-human resources and the medium for developing competitive advantages and sounds of creativity. No organization can exist without a human resources department (Walsh, 2009). A company without an HR department would be reducing its operations and could collapse within a short amount of time.
Human resources management is a business department and function that has the strategic approach to the management of the company’s employees. Armstrong (2006, p.3) defines HRM as ‘a strategic and coherent approach to the management of an organisation’s most valuable assets – the people working there who individually and collectively contribute to the achievement of it objectives.’ The HR business function provides an organisation with administrative support regarding the laws and legislation of
The term human resource is defined as a system of activities and strategies that focus on successfully managing employees at all levels of the organization to achieve organizational goal (Niles, 2013). Human resource management is the process of proper use of available limited skilled workforce. The main purpose of the human resource management is to make efficient use of existing human resource in the organization.
The economic environment in nowadays dynamic, it is fairly important for organisations and managers to recognise the curtail of Human Resource Management. It is clear that Human Resource Management (HRM) has become one of the most recommend management strategy in the modern business (Leopold and Harris, 2009). Human Resource Management is a technique process of managing people in the workplace to enable and enhance organization performance (Leopold and Harris, 2009). This theory involved the responsible to attracting, selecting, training and managing people which make employees become more valuable to the organisations. It invests effect in learning and development at work. Also to communicate with all employees at each level to reward successful employee relations (Wilton, 2011). Human Resource Management plays a very important role in the operation strategy and management concerns in work organisations of all kinds (Leopold and Harris, 2009). In aim to justify this statement by evaluate the benefit and importance of Human Resource Management in contemporary work organisations. This essay will focus on analysis the advantages of use Human Resource Management in business also underline by explain more detail about the different HRM strategy brings benefits and give competitive advantages impact to the organisation success. Then summarise by a general conclusion on the importance of HRM in contemporary work organisations.
Increasingly, organizations are paying attention to ethics partly due to the positive influence it has on the behavior of employees (Marta et al., 2013). The field of human resources has numerous ethical challenges. However, the most common are the quality of work life, diversity in the workplace, worth of an individual, impartiality of human resources managers, and fair
Through out the course of this class my thoughts and views on the aspect alone of the human resources department has changed. I once thought this was a department that had little to no foothold in the dynamics of a corporation. However it is now evident to me that with out the HR department the entire functionality of any organization would crumble to ruins. For this research paper the assignment was to investigate and research one aspect of human resources; find out how it is operated and how it can be improved upon. I plan to discuss the issue and topic of ethics, and its relation to human resources. I chose this topic because during this trying time that our nation has
You will encounter many decisions in your career. How you choose to handle them will outline your ethical values. The best companies value their employees just as much as their customers. Human resource managers play an essential role in applying ethical principles. Human resource managers set an example for the rest of the company, as ethical behavior trickles down from the managers, supervisors, employees, and customers into the local community. Almost all large sized companies have some type of human resources management in place so that employees have someone available to help them deal with many different types of issues that include understanding the companies
Human Resources professionals are responsible for several roles in the workplace, including implementing and managing policies, recruiting and retention, and training and development. The HR department is responsible for making sure that organizations conduct business ethically and that shareholders are treated ethically. The HR department must be able to monitor compliance with federal and state laws and regulations as well as monitor the conduct of the organization. Implementing and managing policies is just one piece of the HR and ethics relationship, the HR professional must also conduct themselves in an ethical manner. This paper will
According to Armstrong (2006) Human resource management is defined as a strategic and coherent approach to the management of an organization’s most valuable assets-the people working there who individually and collectively contributes on the achievement of its objectives.
According to the online Business Dictionary (2014) human resource management is hiring employees and developing their skills for them to become an asset to the organization. Human resource management is the process of finding out job requirements and the number of employees needed, sourcing the right people for the job, training them, management of wages and salaries, handing out benefits and incentives, conducting performance evaluations, resolving disputes and communicating with all the employees of the organization. (businessdictionary.com).
Human Resource Management is the precise and compelling administration of individuals to attain the wanted goals. To addition a vital edge, it is exceptionally essential to deal with the "individuals" assets beneficially. This will help to accomplish the vital objectives and the fulfillment of the individual worker needs. All the Human Resource practices are focused around moral establishment. It is the obligation of the businesses to keep up wellbeing and security of their head honchos in the work environment.
Human resource management refers to the planning, organizing and implementing of productive activities within an organization that focuses on converting human being into useful resources. The human resource management activities include searching the right candidate, identifying their knowledge, skills and attitude towards a specific job, fixing and following fair compensation policy, ensure safety and comfort at the work place,
The phrase of “Human Resource Management” first came into existence when the organizations started to treat the people in their constitution as a resource. Since the development has brought the huge organizations into the scene the employee needed to be managed in a better and improved way. What was once called as “personnel manager” now has given its’ place to HRM and gained a deeper and more complicated meaning. Different than the personnel manager HRM can be treated more as an administrative based term because it rather focuses on managerial authority when it comes to the employee management concerns.
According to Decenzo and Robbins (1994), “Human Resource Management is a process of procuring, developing and maintaining the performance level of the employees to achieve the organizational goals in an efficient and effective manner”. The HRM practices of recruiting and selecting employees, training them for their job, evaluating their
What exactly is 'Human Resource Management'? Many people find HRM to be a vague and elusive concept--hot least because it seems to have a variety of meanings. This confusion reflects the different interpretations found in articles and books abort Human Resource Management, A philosophy of people management based on the belief that human resources are uniquely important to sustained business success. An organization gains competitive. advantage by using its people effectively, drawing on their expertise and Ingenuity to meet clearly defined objective .HRM is aimed at recruiting capable, flexible and committed people, managing and rewarding their performance and developing key competencies.