Role of Human Resources
Over the years, companies have been using human resources to reorganized and globalized in a quest to become more competitive and, ultimately, more successful. Human resources is considered the key to helping organizations deal with the rapid change of technology, diversity, e-business, and ethics and growing demands to better serve customers and to better differentiate themselves from competitors. Some companies might consider it to be an important part of the company’s strategic plan as well as aiding in developing and implementing the organizational goals. By describing human resource management, this will hopefully give you a better understanding of the changing roles and how it affects most organizations.
Human resource management (HRM) is basically the policies and practices that influence employees’ behavior, attitudes, and performance within an organization. There are several important practices involved in HRM: analyzing work and designing jobs, attracting potential employees (recruiting), choosing employees (selection), teaching employees how to perform their jobs and preparing them for the future (training and development), evaluating their performance (performance management), rewarding employees (compensation), creating a positive work environment (employee relations), and supporting the organization’s strategy (HR planning and change management) (Noe, Hollenbeck, Gerhart, & Wright, 2007, p. 19).
These practices have now begun to branch into the different trends that makeup many organizations today. E-business has been a huge part of human resources. A lot of companies have adopted a web-base system know as the Oracle Human Resources Management System (HRMS). This allows access to centralized workforce data through a core HRMS system not only enables companies to measure and leverage their workforce capabilities, it also allow them to manage risk by monitoring and recording compliance with statutory, regulatory, and...