Friday, October 18, 2019
HUMAN RESOURCES MANAGEMENT Essay Example | Topics and Well Written Essays - 4000 words
HUMAN RESOURCES MANAGEMENT - Essay Example It promotes a sense of togetherness and collective responsibility that reflects in the increased output and improved performance outcome of the organizational goals and objectives. The HR perspective would be evaluated for Ando Enterprises for its steadily decreasing profits. Ando Enterprises Plc is a successful business venture which has three major divisions: Agriculture; Hotels and Leisure; and Transport. Hotel and Leisure arm of the business is the most profitable, followed by Transport and Agriculture. In the last three years, the profits have been falling steadily. There has been distinct lack of uniformity in human resource strategy in the three different units of the company. There also seems to be lack of effective business strategy and work culture within the organization. Julie Beardwell and Tim Claydon, assert that the theoretical concept of human resource management has become ââ¬Ëfuzzy conceptââ¬â¢ with abstract empiricism and needs to be looked from a wider perspective of providing the invaluable human capital that can meet the challenges of the rapid globalization and advancing technology (Beardwell & Claydon, 2007). Hence effective HR strategy becomes the major challenge that brings together diverse ideologies and interests of the workforce to promote common goals. Indeed, the globalization has given a new perspective to the business which needs to look beyond the local interests and operate on a wider platform based on common goals and universal value system. Since employees are the pillar of the organization, the role of HRM becomes crucial in the employment of its workforce. In the emerging challenges of the changing business equations, when the labor deployment is undergoing quantitative and qualitative transformations, organizational leadership redefines strategic goals to create versatility and flexibility of the contemporary work environment. Social scientists have
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