QUESTIONS AND ANSWERS- CASE STUDY HRM
Why investing in human resource is important to an organisation?
A focus solely on investment in physical resources, as opposed to human resources, is short-sighted. Strategists have found that having superior production facilities or a superior product are usually not enough to sustain an advantage over competitors.
Physical facilities can be duplicated, cloned, or reverse-engineered and no longer provide a sustainable advantage.Strategists James Quinn, Thomas Doorley, and Penny Paquette have argued that “maintainable advantage usually derives from outstanding depth in selected human skills, logistics capabilities, knowledge bases, or other service strengths that competitors cannot reproduce . . .”. …show more content…
Given the knowledge of the Supervisor about that CRO's impending decisions to leave, do you think that HRP is needed and Division One and what are the recommended steps in Human Resource Planning?
Answer:
An analysis of existing staff resources
Estimation of a probable change in resources
A forecast of staffing requirements to achieve corporate objectives- forecast the demnad for human resource across the organization and analyze the data to establish the appropriate number of individuals that would be needed to carry out the organisation's business actitivies effectively.
A personnel management action plan to ensure that the resources requires are available when needed- supply the correct level of forecasted demand with the appropriate skills, qualifications, experience etc. to do the job
The evolution of HRM has led to an increased emphasis on the importance of effective human rersource planning (HRP) and in facilitating the achievment of the organisational objectives.What are the benefits of an effective human resource plan, using reference to the …show more content…
Interestingly, the effect of culture emphasizinf interpersonal values apeared to be universal and were not contingent on employee characteristics. Other reserach has found higher retention in "fearless cultures" in whoch employees can speak up in order to challenge the status quo without being conerned about retribution. Retention improves with other related asc\oecs of culture such as positice relationships with superiors, absence of the conflict-laden relationships, having input into decisions, less emphasis on fornal authority, information sharing and support for
Why investing in human resource is important to an organisation?
A focus solely on investment in physical resources, as opposed to human resources, is short-sighted. Strategists have found that having superior production facilities or a superior product are usually not enough to sustain an advantage over competitors.
Physical facilities can be duplicated, cloned, or reverse-engineered and no longer provide a sustainable advantage.Strategists James Quinn, Thomas Doorley, and Penny Paquette have argued that “maintainable advantage usually derives from outstanding depth in selected human skills, logistics capabilities, knowledge bases, or other service strengths that competitors cannot reproduce . . .”. …show more content…
Given the knowledge of the Supervisor about that CRO's impending decisions to leave, do you think that HRP is needed and Division One and what are the recommended steps in Human Resource Planning?
Answer:
An analysis of existing staff resources
Estimation of a probable change in resources
A forecast of staffing requirements to achieve corporate objectives- forecast the demnad for human resource across the organization and analyze the data to establish the appropriate number of individuals that would be needed to carry out the organisation's business actitivies effectively.
A personnel management action plan to ensure that the resources requires are available when needed- supply the correct level of forecasted demand with the appropriate skills, qualifications, experience etc. to do the job
The evolution of HRM has led to an increased emphasis on the importance of effective human rersource planning (HRP) and in facilitating the achievment of the organisational objectives.What are the benefits of an effective human resource plan, using reference to the …show more content…
Interestingly, the effect of culture emphasizinf interpersonal values apeared to be universal and were not contingent on employee characteristics. Other reserach has found higher retention in "fearless cultures" in whoch employees can speak up in order to challenge the status quo without being conerned about retribution. Retention improves with other related asc\oecs of culture such as positice relationships with superiors, absence of the conflict-laden relationships, having input into decisions, less emphasis on fornal authority, information sharing and support for