Wednesday, October 30, 2019
CASE MGT - 491 STRATEGIC IMPORTANCE OF HUMAN RESOURCE MANAGEMENT Essay
CASE MGT - 491 STRATEGIC IMPORTANCE OF HUMAN RESOURCE MANAGEMENT - Essay Example This paper will discuss a new strategic human resource management plan for a middle size firm. The paper will discuss the new HR plan from the point of view of a Chief executive officer. The new plan will be aimed at ensuring the HRM department meets its strategic goals. The HRM will be expected to come up with minimum requirements for every position in the organization. The minimum requirements will be dictated by the roles and responsibilities for each role. This information will enable the HRM decide if the person in charge of a post is worth it. It will also be important during the hiring process since it will guide the hiring team on which candidate to choose. After coming up with the minimum requirements for each post, the HRM will develop a skills inventory which will gauge the worthiness of the current employees. The HRM department in close cooperation with the overall management will discuss the number of employees that the organization requires in each department. This will be guided by the trends in demand and supply as well as the current and future objectives of the organization. Once the number is determined, a hiring or firing plan will be established. Firing /retrenchment and hiring exercises will be based on department requirements and the qualifications of each employee/interviewee. Employee job satisfaction is important since it increases employee retention (Lawler & Boudreau, 2009). Factors such as technologies and organization cultures contribute in determining the level of employee job satisfaction. The company will invest in technologies proposed by the HRM. Moreover, the company will focus on creating a culture that values the employees. A culture of valuing employees increases productivity, invention and employee retention. All employees will be treated equally regardless of their diversities (Abang & Abang , 2009. The long-term goals of the organization will be used to determine the labor demands
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