The paper “ Role of Human Resource in Developing a Strategy to Attain Conflicting Goals of Costs Reduction and Maintaining the Desired Level of Human Capital” is an intriguing example of a case study on human resources. Human Resource Management (HRM) is a function in an organization mainly concerned with the employee dimension. It is usually a support or staff function in the organization. The role of human resource management is to provide assistance in line with the employees, or those directly involved in the production of the organization’ s services and goods.
Attaining people’ s services, developing skills, motivating them to greater levels of performance, and ensuring their continuing commitment and maintenance to the company is fundamental to attaining organizational goals. This report looks at human management issues in a Consolidated Global Mining Services Company and measures that can be put in place to make the human resource function more effective and efficient. The report also looks at how human resource function can be utilized to achieve the current conflicting goals of reducing labor costs and maintaining human capital. Question 1Role of human resource function in developing both a medium and long term strategy to attain the conflicting goals of costs reduction and maintaining the desired level of human capitalHuman resource planning is the HR function that will help Consolidated Global Mining Services (GCMS) to develop both a medium and a long term strategy to accomplish the diverging goals of cutting costs and maintaining the appropriate level of human capital.
Human resources planning is the classic human resource administrative functions, and evaluation and identification of requirements of human resources for meeting organizational goals and objectives.
It also assesses the availability of qualified resources that will be required. Human resource planning is a proactive process which both influences and anticipates the future of an organization through systematically forecasting the supply of and demands workers under changing conditions, ad developing activities and plans to satisfy these needs (Gary, 2004).
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