The Role of Human Resource Management

Measuring the Effectiveness of Human Resource Management.   In a world where everything is about organizations bottom line, it is important that the effectiveness of HRM systems are measured and evaluated from time to time. As it comes at a high cost and is needed to be updated as the everchanging pattern of global trends and needs vary instantaneously. When it is ineffective, you’re at risk of hiring the wrong people and losing valuable employees. You might even waste time and money on various processes which are not in-line with the needs of your organisation. The implicit assumption is that if HR is done well, this will somehow make organisations perform more effectively (Ferris et al., 1998) How to measure HR effectiveness? Figure 01 You will need to look at some key performance indicators (KPIs). The exact KPIs you choose might vary slightly depending on the goals of your company‌.  Eg. A larger company could include internal mobility among these KPIs. But...

Managing Your Human Resource Humans are the most important resources within an organisation as they are essential, as well as one of the most challenging resources for managers to handle as they are responsible for the tasks that will ease the development of any & every organisation. As Human resource managers, one must make a thorough and well-thought-out selection of the team to ensure members are suitable and skilled for the task in question. Firms profess that people are the source of their competitive advantage, whether they be technological experts, accommodating customer service experts, or visionary managers...At a time of unparalleled technological development, it is the human resources that paradoxically spell success or failure for all firms, and especially entrepreneurial ones’’ (Katz, Aldrich, Welbourne, & Williams, 2000) We have identified a few components to manage your human resources more efficiently- 1. Knowing which skills you need -     Figure 01 Kn...

SHRM is a process that organizations use to manage their employees, a way to ensure that the organization’s human resources are used in a manner that supports the organization’s goals. With this, businesses can more effectively manage employee performance & development as well as create programs & policies that support the company’s overall strategy and by aligning HR programs and policies SHRM can help businesses improve create a positive work environment.   Its academic relevance has been receiving international attention due to the importance of the strategic performance of human resource management (HRM) (Jackson, Schuler, & Jiang, 2014). It is possible to define SHRM as a vertical connection between HRM practices and international strategy and horizontally as the congruence among the several human resource practices (Wright & McMahan, 1992). Here are the key points on how to implement SHRM into an organisation - 1. Knowing your company’s goals and abilities ...

  The Impact of Remote work on HR functions - After the Covid-19 pandemic, an enhanced rise of remote work has revolutionized organizational operations and significantly impacted human resources (HR) practices and has become a new paradigm. The shift to remote work has increased flexibility for the workforce and opened access to a global talent pool. However, it has not been without its challenges for HR professionals as they now are faced with hurdles in engaging employees, managing performance effectively and promoting team collaboration. Ensuring a unified organizational culture and cultivating a solid connection among remote workers have become a pressing concern and the need for redefining talent acquisition, training, performance evaluation, and employee engagement strategies have to be relooked at. HR functions supported by various online tools, remote work and flexible roster assignments simultaneously ensures company productivity and employee improvement (Shahriar, A...

As we venture deeper & deeper into the realm of artificial intelligence (AI), one must wonder: what does this means in terms of the future of human resources management. As we already know we define AI as “the ability of a machine to learn from experience, adjust to new inputs and perform human-like tasks” (Duan et al., 2019) and humanizing the creation & utilization of AI tools that:  (i) enhance human potential by building trust and minimize fear  (ii) can interact with humans in a natural, human-like manner and  (iii) can process information during these interactions in a manner similar to human cognitive processes (Fenwick and Molnar, 2022) would be the tall task that will define the further of HRM. Here are some of the identified functions HR departments will have to deal with while merging an AI tool with the HR practices in organisations - Functions - People management, Compliance & Culture Figure 01 - People-related functions encompass talent acq...

  The concept of Lifelong Learning has become increasingly prominent in recent years and has been a way in which organisations have opted so that they could be in-line with the ever-changing world. its true essence may still elude some. Importantly, learning occurs through a variety of avenues and settings including within one’s professional career, formal educational institutions, independently without formal accreditation and within personal and professional networks. Lifelong learning covers the whole range of learning that includes: formal, informal and non-formal learning. It also includes the skills, knowledge, attitudes and behaviours that people acquire in their day-to-day experiences (Dunn, E., 2003). Nevertheless, HR departments play a pivotal role in fostering a culture of continuous learning within organizations and this could be broken-down into the following manner - - Microlearning. - Personalized Learning Paths. -Mobile-Friendly Content. -Just-In-Time Learning. Me...