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BUS301 Human Resource Management

Published : 31-Aug,2021  |  Views : 10

Question:

Why a manager should have a thorough understanding of HR Management. The research study in this week readings identified organizational strategy of the banks they studied as defender,analyzer,and prospector.
 
Researchers determined that by aligning HR practices with organizational strategy, the banks were likely to have nearly 50% higher ROA and ROE.
 
Given that strategic human resource management appears to be important to improving an organization bottom line, what should be HR role in the strategic planning process?
 
How does this occur in your organization? What recommendations would you make to enhance the role of HR in strategic planning for your organization?

Answer:

Managers should have a thorough understanding of strategic management since they are the key element of success in every organization. Through their good management potential, managers are an inspiration to the employees hence they are tools for success within the institutions (Jeston & Nelis, 2014). Through analytics, managers shed light to the employees and can engage them in their responsibilities hence they hit the targets of the company. Therefore understanding managers portray action insight, and they ensure the organization performs the best.

The HRs plays great roles in strategic management planning such as leading to happier employees by nurturing their efforts towards performance. They are obliged to position the organization to enhance a successful scaling hence provide a direction for the organization. The human resource managers minimize the time to fill the vacant positions since they have an insight of technologies and tools needed in the organization (Kehoe & Wright, 2013). Finally, they ensure culture is maintained by enhancing expansion of various industries as well as set a pace for the employees in the future.

In my organization, human resource managers improve the bottom line for the organization through helping to deliver the organization services. The HR focus to attain the goals of the organization as well as accomplish the mission statement.

The recommendations to enhance the HR’s role in the strategic planning of the organization are that they should ensure they align their functions with the business strategy. The role of HR can also be enhanced by ensuring that the strategic selection and recruitment process focus to recognize the right candidates for the position.

References

Jeston, J., & Nelis, J. (2014). Business process management. Routledge.

Kehoe, R. R., & Wright, P. M. (2013). The impact of high-performance human resource practices on employees’ attitudes and behaviors. Journal of management, 39(2), 366-391.

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