Human Resource
Management in
Business
Why are human
resources important?
People are sometimes described as the most
valuable resource that an organisation has.
Human resources
involves managing
the current
workforce…
…while human resource planning means thinking about
the organisation’s future human resources needs and
taking steps to meet those needs.
Factors to think about
Thinking about human resources means
looking at a number of factors.
External
Internal factors
Supply of
Labour
labour
Skills
costs
requirementsWorkforce
skills
Organisational
Demand for
needs
products/
Government
services
policy
Workforce
Changing
profiles
nature of work
Labour market
competition
Getting the most from
people
Why do people come to work and
how can an organisation get the
most from them?
What training is
What skills do
Are people
people in
in the
the
Howneeded
do we to
best
place to use
improve
skills?
organisation
have?
motivate
people?
their skills?
Is motivation all
What about
does money?
absenteeism tell us
about motivation at
Whywork?
is treating
people fairly so
important?
What makes
people feel good
at work?
Can skills be
transferred to
What theories
different
areas ofcan
the
explain
what motivates
organisation?
people at work?
Kelloggs – a great place to
work?
Kelloggs has based its HR strategy around motivation with
the aim of making the company ‘a great place to work’.
Promotion
development
Selftheir
The company
have and
a range
of ways of motivating
opportunities
employees,
for example: Actualisation
Mutual respect
Esteem
of each
other
Employees
can buy
and sell
holiday days if they value
time off more than pay.Social needs
Flexible workplace, safe and
healthy working environment
Competitive
salary
Safety needs
Basic needs
Kelloggs – working with
everyone
Mutual co-operation between an organisation and its
workforce is vital...