Sistema Plastic Company Case Study

Improved Essays
Ans 1: HRM basically means Human Resource management is about devolving and motivating as well to trained /manage an Organisation’s most important part which is a backbone of any Organisation: its people. HRM is responsible for whole manpower which is working in any industry about, how to manage them, how to make their performance best .
There are many different functions which are conducted by HRM as well.

As Shown in Diagram above, there are different management functions of Human Resource Management system which starts from Recruitment of employees for an Organisation and provide directions to the employees about how to do work/job effectively and efficiently.

Interviews:
To start up with, I interviewed different employees of Sistema Plastic co. to find out
…show more content…
Government Regulations: In a company, HR department must have to work under the guidelines of Government regulations .In other words, HR department is always under pressure to stay under laws. All the processes and duties which are done by Hr department like Hiring, training ,compensation and much more .If company will not adhere to rules and regulations of government then it will be fined heavily or get shut down as well .

2). Economic Conditions: One of the factor is to know about the current economy. This not only means to have a knowledge about what’s going on around the world but it’s all about to be prepared about the condition if economy turned to downturn .

3). Industrial Advancement: It includes an external element because If any new technology is introduced then HR department can setup looking about how to cut down the expenses by adopting new technology and how to increase profits as well

Related Documents

  • Improved Essays

    International Plastics is aiming to increase its market share by 5% with the help of Simpsons. Both companies need a revised compensation system that supports its business goals. Currently, both companies are paying employees a wage rate that is below the minimum wage in Canada. The base pay for employees in non-technical jobs in both companies should start at $10.30 which is the current minimum hourly wage rate for adult workers. That is however the bare minimum as stated in the Employment Standards Act.…

    • 775 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Human resource management Task-1.A HRM (Human Resources Management) is very important part of the every organization. It plays a vital role. HRM is responsible to hire new employees and to provide them proper training according to the work of the organization. It hires suitable and fit able persons for the work.…

    • 910 Words
    • 4 Pages
    Improved Essays
  • Great Essays

    Kpmg Case Analysis Essay

    • 1116 Words
    • 5 Pages

    HR Management: It is also an important component of the value chain. It ensures the efficiency of the workflow. It provides the company with its assets: The highly qualified profiles for each specific need of the company. Technology:…

    • 1116 Words
    • 5 Pages
    Great Essays
  • Improved Essays

    MGW2430 Human resource management- Assignment 1 Ishara Thilini Bandara Student ID:24730564 Human resource management is define as the policies and practices involved in carrying out the people or human resource aspect of a management position , including recruiting, screening, training, rewarding, and appraising (Dessler, 2005). HR management is important to all managers because the productivity of the organisation depends on the employees and HRM decides on the type of employees recruited and how they are managed. The main objective of all business owners is to make profit.…

    • 944 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Project URL: http://www.cheapassignmenthelp.com Strategic HRM Assignment Help About Strategic HRM Strategic HRM stands for Strategic Human Resource Management. It defines the intentions and plans of the organization on how to achieve the business goals. The process basically includes the following three aspects: 1. Human capital as the major competitive advantage 2. People who implement the strategic plans 3.…

    • 539 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Sonora Plant Manager Memo

    • 1459 Words
    • 6 Pages

    c. Length of time: 1 week in US. 5. Problem solving skills According to Agung (2007), managers need to develop their ability to solve the business problems and provide a precise solution. Problem solving skills needed not only to solve the current issue, but also to predict problems that may arise in the future.…

    • 1459 Words
    • 6 Pages
    Improved Essays
  • Decent Essays

    The Human Resources Department is a very important role in an organization. This department is responsible for a variety of key qualities such as recruitment, payroll and benefits, performance management, and policies and procedures just to name a few. The role of the human resources department is to manage personal policies and managerial practices and systems that influence the workplace(Bernardin & Russell, 2013). Human Resources Departments looks into recruitment, staffing, performance appraisals, and compensations.…

    • 508 Words
    • 3 Pages
    Decent Essays
  • Great Essays

    Introduction Human Resource means “Managing the people tactfully” (Dawa 1991). Human resource management is the process of utilizing human resource efficiently and effectively to achieve the goals and objectives of the organization. Human resource is the most important resource of an organization compared to other resources since the success of the organization mainly depends on its people. Human resource management is a part of the process that helps the organization to achieve its objectives once the general direction strategies have been established, the next stage is to formulate company’s objectives and develop them into action plans. The objectives cannot be attended without the resources which of course include people.…

    • 5422 Words
    • 22 Pages
    Great Essays
  • Great Essays

    Every field requires its own planning for the company to achieve efficiency and effectiveness. 9. HUMAN RESOURCE MANAGEMENT Human resource management is the function within the organisation that focuses on recruiting, managing, and providing direction for people who work in the organisation. It is an organizational function that deals with issues related to people such as training, employee motivation, benefits, hiring, safety wellness and communication Human resource management is equally a strategic and comprehensive approach to managing people and the workplace culture and environment. A functional HRM enables employees to effectively and productively contribute to company's overall direction and to accomplish organisation's goals and objectives.…

    • 1265 Words
    • 6 Pages
    Great Essays
  • Improved Essays

    Human resource management is changing their role in principles of management. Human resource manager act as a strategic partner by reviewing the organization 's competencies, reward system, governance, and learning and leadership structures. A strategic approach is by recognizing the importance of human capital and focusing on outcomes. The concept of strategic human resource management (SHRM) is fitting all the key elements together in order to focus on how an employee will contribute to organization 's success. Thus, a recruitment of personnel, the training and development and performance appraisal are the key elements that a human resource management evaluate and strategically executing them together.…

    • 1017 Words
    • 4 Pages
    Improved Essays
  • Great Essays

    Human Resource is the most important asset for any organization and it is the source of achieving competitive advantage. Managing human resources is very challenging as compared to managing technology or capital and for its effective management, organization requires effective HRM system. HRM system should be backed up by sound HRM practices. HRM practices refer to organizational activities directed at managing the pool of human resources and ensuring that the resources are employed towards the fulfilments of organizational goals. Human resource management (HRM), also known as personnel management, consisting of all the activities undertaken by the company to ensure the effective use of employees towards the achievement of individual, group,…

    • 2569 Words
    • 11 Pages
    Great Essays
  • Improved Essays

    Over time Human Resource Managements (HRM) value and role within companies has changed and increased. That is to say that the management of human resources went from being operational to strategic. In the past, Human Resources were more commonly known as personnel services or personnel managers. The personnel manager role and function was primarily administrative. The primary responsibilities of personnel managers were hiring, training and the processing of employment forms.…

    • 1773 Words
    • 7 Pages
    Improved Essays
  • Improved Essays

    IZTILI Case Study

    • 1735 Words
    • 7 Pages

    We all remember the excitement we had by getting our first smart mobile, presenting all the smart applications that we use daily, how we could connected our self to the world. Moving along with time theses applications were developed to cover most of our life necessity ordering food, GPRS, shopping applications and tons more. The age of smart application later was developed to penetrate the work field and to be establish as a ground stone in the modern business day. The integration of the smart application to the work process brought new tools that help and easing the work load. Human resource department is the department that links the employees together and along with the upper management.…

    • 1735 Words
    • 7 Pages
    Improved Essays
  • Improved Essays

    SYNOPSIS OF HUMAN RESOURCE MANAGEMENT PRACTICES IN RELIANCE ORGANIZED RETAIL STORES - WITH REFERENCE TO BANGALORE CITY INTRODUCTION Human Resource Management (HRM) is the organizational function that deals with issues relating to people such as compensation, hiring, performance management, safety, benefits, employees’ motivation, communication, administration and training. HRM is a strategic and comprehensive approach of managing people at workplace. Its role in the company’s success is growing rapidly with the growth in many sectors in the present globalized era. The HRM practices are crucial in designing the structure for manpower staffing, performance appraisal, compensation and training and development. Innovative HRM practices can play…

    • 1046 Words
    • 5 Pages
    Improved Essays
  • Great Essays

    Privat Bank Case Study

    • 1657 Words
    • 7 Pages

    Human resource management is the utilization of human resources to achieve organizational objectives. Consequently, all managers at every level must concern themselves with human resource management. Basically, managers get things done through the efforts of others; this requites effective human resource management. Today's human resource problems and opportunities are enormous and appear to be expanding. Individuals dealing with human resource matters face a multitude of challenges, ranging from a constantly changing work force to the ever present scores of government regulations and a major technological revolution.…

    • 1657 Words
    • 7 Pages
    Great Essays