Friday, November 1, 2019

The fundamental Premise is that business performance will be better Essay

The fundamental Premise is that business performance will be better when there is an alignment between competitive stragegy and the managment of core operating workers inside the business - Essay Example cceptable quality levels and prices; enter into agreements with unions in order to stabilize labour market conditions and be informed about the activities of competitors" (Putti, 1987). Aiming to enable the organization to achieve its strategic goals by attracting, retaining and developing employees, Human Resource Management functions as the link between the organization and the employees. A company should first become aware of the needs of its employees, and at a later stage, understand and evaluate these needs in order to make its employees perceive their job as a part of their personal life, and not as a routine obligation. The Human Resources (HR) function provides significant support and advice to line management. The attraction, preservation and development of high calibre people are a source of competitive advantage for our business, and are the responsibility of Human Resource Management Department. Human resource management is very crucial for the whole function of an organization because it assists the organization to create loyal employees, who are ready to offer their best. The concept of Human Resource Management developed with a more strategic level of thinking about the nature and role of people (as total 24hr per day human beings) working in organizations which are ‘cultures’ in their own right (Lundy O, 1994). While the recent thinking has moved from the control-based model to the compliance model, the soft edge of the latter involves eliciting employee commitment and expecting effectiveness and efficiency to follow. The hard edge of the latter involves ridding the organization of unnecessary layers of middle management which, when stripped of control functions, have very little by way of value added. "The HRM planning should be based on the organisations strategic planning processes with relation to analysis of the labour market, forecasting of the external supply and internal demand for labour, job analysis and plan implementation" (BPP,

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