Critically analyze the impact of human resource management on the growth and performance of an organization
Prudence is part of our roster of professional writers with a regular contribution to our business strategy sample collection. As a Market Research Analyst by profession, Prudence brings her training in business analysis as well as real life expertise from the world of professional business consulting, to our case study solutions. The result is a robust collection of superb premium business strategy case studies tailored for student revision, faculty and researchers.
Latest posts by Prudence K. Magezi(see all)
According to the resource-based view, human resources contribute immensely to an organization’s sustained competitive advantage by facilitating the development of rare competencies that are only firm-specific. Due to globalization and advancement in technology, organizations are under a lot of pressure to boost their performance. In fact, most have resorted to offering their employees perks that can motivate them, boost their morale, and increase their commitment. This is because the lack of an efficient and committed workforce can destroy a company’s ability to compete which can in tandem result in poor performance and limited economic success. Today, human resources has indeed become a vital resource for firms to successfully gain a strategic advantage over other firms. According to the research findings, recruitment and selection play a major role in the turnover of employees yet high employee turnover negatively impacts an organization's efficiency and productivity. The research also revealed the correlation between reward systems, employee satisfaction, and productivity. The report discusses in detail the importance of human resource management in an organization's growth and performance.
HARVARD
Citation Here
Citation Here
APA
Citation Here
MLA
Citation Here
CHICAGO
Citation Here
impact of human resource management on an Organization's Performance Case Study
Key Learning Outcomes
By the end of the case, students should be able to:
- Define the term human resource management and discuss its importance in an organization's success
- Discuss the link between human resource management activities and business performance
- Discuss the relationship between business strategy and human resource strategy
1.0 INTRODUCTION
According to Torrington et al (2017), all organizations require a range of resources in order to succeed and achieve their goals and objectives. Of these resources, human resources are so important for the mere survival of a business as they offer organizations with ideas, know-how, and manpower. In today's competitive market economy, how a company effectively and efficiently manages its relationships with employees determines its overall success. Armstrong and Tayler (2017) stipulated that the scarcer a resource and the more critical it is to an organization’s operations, the greater the skill, time, and effort needed in order to manage it. In today's increasingly tight labor market, organizations are focusing more on boosting employees’ engagement and organizational commitment.
It has become vital for organizations to adopt human resource systems that optimize the workforce and enable organizations to gain a competitive advantage in today's global economy. In order to create a competitive advantage through human resources, human resource managers must pay close attention to practices that best leverage these resources. Appropriately designed human resource practices have the ability to boost an organization's performance as they influence employee work attitudes and behaviors (Nishii 2008). Human resource practices including recruitment, training, and reward system performance appraisal among others have an immeasurable impact on the performance of organizations and these contribute to the positive link between human resource management and the performance of organizations (Osman, 2012). According to Raji and Jackson (2011), training enhances employee efficiency and effectiveness, job security boosts honesty, and reduces turnover.
Cancel anytime…right from your account dashboard
NOT YET READY TO SUBSCRIBE? Try our other options below
Get a personalized on-demand assignment fast **
Purchase This Assignment On Demand
100% original custom written assignment
Zero plagiarism (checked via Copyscape)
Harvard/APA/AMA referencing
3500 words-(14 pages)
Price: £ 214.38
Services We are Offering
We are more than a free study and revision tool.
We also provide
on demand research and custom writing services.
123 Writing is the #1 exam revision and assignment study platform in the UK.
Get unlimited access to answered student essays, assignments, past exam questions and sample coursework written by qualified academic writers & tutors.
Our Standard subscription typically retails for £299.88 a year.
Today, you can join at 80% discount.
Here’s a full breakdown of everything you get as a Standard or Premium subscriber...
» Get access to our database of more than 5,770 answered premium strategy case studies
Get unlimited access to a robust database of premium business strategy case studies including more than 5,770 fully answered sample strategy frameworks and tools such as pestle, value chain, value matrix, porters five forces, Ansoff’s matrix, etc., authoritatively written and tailored for student revision, assignment preparation and transformative business research. Our strategy case studies are especially suited for university students wishing to apply strategic frameworks to real-world situations, company cases or simulations. All our strategy case studies come with teaching notes and learning outcomes, making them effective as coursework revision, and essay study help tools.
» Free access to past exam & assignment answers
Revise and prepare for exams and coursework with our fully answered exam notes and sample assignment papers. Furthermore, get quick on-demand answers to past exam question and assignment questions from our writers. Exam answer notes come with personalized lesson plans, and detailed study notes complete with detailed explanations of each answer, for maximum exam revision and assignment preparation. This tool is perfect for readers struggling with exam preparation & assignment study.
» Get extra assignment related help from our writers & tutors
Achieve high grades with a little extra assignment related support. Get extra help with your essays, assignments and general coursework, from our knowledgeable writers and tutors who will provide extra assistance when required for all academic related tasks including proofreading, grammar editing & correction, citations, referencing, etc. at no extra cost for standard and premium subscribers. All our standard and premium subscribers receive free proofreading services, which will include a check for punctuation, grammar, sentence formation, typographical errors, formatting, errors and other consistency issues (broadly).
» Get free assignment & essay writing help worth up to 7K words
Commission an on-demand essay, or assignment title from our knowledgeable writers and tutors on any subject matter. Get up to 7,000* words in on-demand custom assignment help from our writers who can assist with difficult topic in classical business literature. (* 7,000 free word credit exclusive to premium members).
» Fast & speedy answers to on-demand case solutions & assignment questions
Make use of your available free word credit (up to *7,000words) to commission on-demand custom case solutions, case study assignments and receive fast & speedy personalised answers. Receive timely and fast plagiarism-free answers to assignment questions or case solutions in as little as 1-2 business working days. Topics include Strategic Management, Marketing, Business Management, Economics, Operations Management, Organization Studies, International Business & Management, Human Resource Management and more. (* Exclusive to premium members).
» Get exclusive Q&A sessions with our subject matter writers
Ask our qualified, vetted and knowledgeable writers up to *12 essay, assignment and coursework related questions annually and receive accurate, clear, and detailed answers including step-by-step explanations briefs that are easy to follow. (*Exclusive to premium members).
» Free access to test bank questions & answers, study notes and practice quizzes
Test your knowledge on any subject with our quick quizzes and test banks for maximum retention after revision and studying. Test Bank contains questions in a variety of formats including multiple choice, true/false, short answer, and essay questions.
» Free access to video tutorials & study packs
Get free access to exclusive video tutorials to common subject topics. Our subject matter video tutorials, study notes and study packs have been created to help students learn and understand basic course module materials, as well as prepare students for their coursework assignment questions, essays and exams. Our video tutorials, study notes and study packs can be organized by topic, textbook or Question &Answer.
» Access to textbook chapter reviews and answer solutions
Get access to chapter reviews of popular business books, broken down in easy-to-understand simple concepts with simplified English. If English is not your first language, this service will make revising for essay assignments and exams as easy as 123 (Exclusive to premium members).
