Human resource managementManagement of human resources in any organization is very essential as it involves a strategic as well as a coherent approach to the management of workforce which is referred to as the most valuable asset in an organization. That is, the people working in that organization and collectively contributing to the achievement of the objectives of the organization. The management of human resources must coherently bring together the human resource practices, strategies, philosophies, policies and programs. For the success in an organization, it is important to note that people are the key resource to the organization and the performance of the organization largely depends on them.
Thus, if there is no effective development and implementation of human resource policies and processes, then there will be a negative impact on the performance of the organization (Storey, 46). Thus, human resource management is essential as it ensures that the success of the organization will be achieved through people. Strategies are meant for guiding or showing direction to the organizations. A typical strategy in an organization contains the mission as well as the strategic objectives.
In addition, it needs to put into consideration the resources and decide how these resources are utilized. It is worth noting that one of these resources is the human capital which means that the strategic objectives will not be achieved if the human resources are not in place. Thus, it is important to consider the department of human resources when developing the business strategy. This will provide a clear understanding between management and human resources. For organizations to realize change, they must involve all levels in the change process, communicate change process continuously and use rewards to facilitate change among employees (Purcell et al, 236).
This report involves ‘High-tech Enterprises’ which is a medium size enterprise that specializes in retailing computer products. As a human resource manager, I have realized that there is a decline in the profit of the firm as the available human resource practices are not carried out effectively. There is a need to first define the overall purpose of management of human resources which is the achievement of success through people. As a human resource manager, I find it important to summarize some areas essential for achievement of our firm’s objectives. Effectiveness of the organizationHuman resource practices that are distinctive will assist in shaping the core competencies which will determine how our firm will compete.
Such practices will contribute to significant impact on the performance of our firm. Thus, the effectiveness of our firm will be achieved through developing policies in talent management as well as making our firm a great place to work. This will be enhanced by human resource strategies through the development of policies in regard to customer relations and continuous improvement of our firm (Cappelli & Crocker-Hefter, 13).
Management of human capitalThe improvement of the firm will depend on the employees who should have the responsibilities of ensuring the success of the firm as it depends on them. In order for the firm to obtain as well as retain a well-motivated, skilled and committed workforce, it will take steps to assess and satisfy the future needs of the people. This will be followed by development of the people’s inherent capacities which include their employability, potential and contributions.
This will be enhanced by provision of learning as well as a continuous opportunity for development (Bontis et al. , 398). Our success in management of human capital will involve rigorous procedures on selection and recruitment, management of activities on development and training which are connected to our firm’s needs (Becker et al, 43).