This website uses cookies to ensure you have the best experience. Learn more

The Important Of Human Resources Essay

2109 words - 8 pages

Managing People AssignmentGroup Members: Ngoo Wei Kee (99208014)Tan Sook Yee (99208156)Tan Jiak Kin (99208160)Question Answered: Number 1Due Date: 19th July 2004Lecturer: Mr. Michael ChewHuman resource (HR) plays a critical function in achieving organizational excellence, for it is with and through people that organizations thrive, prosper and transform. Leaders and professionals within HR units have never been better positioned for strategic leadership within their organizations due to the growing awareness of the value of human capital (knowledge) as a competitive advantage. It is human and intellectual capital that leverages all other forms of intangible corporate assets (e.g., R&D and Customer Service).Today more than ever before, HR departments need to show value to their organizations by aligning their goals and activities with the strategic goals of the larger enterprise. Our knowledge-based economy, ever-changing market, competitive threats, and consumer needs require the optimal leverage of human talent and potential. A successful company achieves client satisfaction, provides technically sound and good quality products and services, and maintains a supportive and rewarding working environment for its people. The key to accomplishing all three of these corporate objectives begins and ends with excellent "human capital."Contemporary questions in the minds of many line executives and leaders in HR include where do we wisely invest our current HR dollars and what types of activities should HR personnel be engaged in so that there is a long-term, strategic benefit to the organization? Is it wise to outsource some HR functions; if so, which ones are candidates for outsourcing and what are the implications for doing so? How do we show a return on our investments for programs and processes that focus on intangible assets so that we can gauge the utility of our HR effort? What programs can be developed today that will have substantial benefit tomorrow? How can this benefit be shown to senior executives in terms of bottom line contributions?However, all these can be solved by understanding what the organization's business strategy and goals are, and identifying as well as promoting or developing the skills and knowledge needed to execute these with success. In addition, provide direction for, and integrating into the organization, HR processes including recruitment, selection, rewards, development, and succession. Focusing leadership and employee development efforts on high priority business objectives and also building strategic customer relationships so that relevant and value added HR solutions are provided with consistency, efficiency and impact.Driven by the new economy, company's competitive landscape is changing rapidly. Global expansion, high-speed delivery of products and services, technical advances, and redefined business models represent changes that this new economy has introduced. Organizational is beginning to realize that the...

Find Another Essay On The Important of Human Resources

The Role of Human Resources in Strategic Planning

1360 words - 5 pages organizational goals. HR leaders must have an understanding of the organization’s strategic plan in order to identify the core knowledge and skills required by employees to accomplish the goals (Kimberly, 2009). For this reason it is important that HR leaders play an active role in the development of the organization’s strategic plan. In order for an organization’s strategic plan to be successful, it must be carefully coordinated with a human resources

The Role of Mobile Technology in Human Resources Management

1191 words - 5 pages The role of Mobile in Human Resources Management Introduction Technology development is one of the most powerful driving forces. It form differently the way we engage, work, live, communicate and also the way commercial activity is conducted. The application of scientific knowledge and digital business communication developments have make various organizational work activities. The method that organizations perform their work activity is

Importance of Human Resources Paper

907 words - 4 pages twenty people.Needless to say in any organization this large, human resources plays an important role. They are the first person that will sit down and interview any potential employee. Because of this, the human resource manager must be very familiar with both the company's needs, the job being applied for. Above that they also must be able to receive a good evaluation of the person applying for the job. There has to be a good fit between the

Changing Role of Human Resources

1564 words - 6 pages Changing HR Function: Transforming HR. London, Chartered” CIPD (2012), “Barometer of HR Trends and Prospects, London, Chartered Institute of Personnel and Development” Mayhew R., (N.D.) 10 Reasons HR Is Important to an Organization May K. E., (2013) Work in the 21st Century: The Changing Role of Human Resources Pitcher G., (2008)”Backlash against HR business partner model”, Personnel Today Prabhat, (2011) Difference between HRM and Personnel management Reilly, P. (2000) HR Shared Services and the Realignment of HR. University of Sussex, Institute of Employment Studies Reuters T., (2013) The three-legged model of HR

Changing Roles of Human Resources

850 words - 3 pages of human resources continue to change, incorporation of these concepts into HRM and integration into the overall strategic planning of the organization is essential in order to cope with rapid change, intense competition, and pressure for increased efficiency. In my career in management, over the past 20 years these changes in HRM have been necessary and an important part in making an organization successful.References:Noe, Hollenbeck, Gerhart

Effective Management of Human Resources

929 words - 4 pages Numerous researchers have recognized effective management of human resources internationally as a major determinant of success or failure in international business (Tung, 1984; Dowling, 1999). A definite link exists between an organization’s strategic human resource management and its business success or failure (Hays, 1971; Tayeb, 2005). Businesses have learned success often depends on forming strategic alliances but successful managing of

Google, The Human Resources Dilemma

1927 words - 8 pages "10 things Google finds to be true". There are some points especially showing of how Googlers thinks. The very first is "focus on the user all else will follow" - this is the utmost important principle in Google and really the root of their success. The idea can be applied externally to the customer, as well as internally to the employees. The company exists and functions for the benefit of the people in and around it and not the other way around

The Important Role of Skeletal Muscles in the Human Body

2245 words - 9 pages controlled. A skeletal muscle contains bundles of muscle cells. Inside each cell are threadlike myofibrils, which are divided into sarcomeres, the unit of contraction. They are bundled together by connective tissue that extends past it to form tendons. A tendon is a strap of dense connective tissue that attaches a muscle to a bone. Tendons make joints more stable by keeping the adjoining bones appropriately aligned. The human body has more

Important Aspects of Human Identity

1033 words - 4 pages greater purpose for us and no pre-determined plan therefore it is our own job to define ourselves. As Sarte puts it, “Man is nothing else but what he makes of himself”(Sarte). It is a scary thought to think that we are entirely responsible for what we make of ourselves and for our existence. That is why we must make our decisions based off of what it is best for us in order to define our human identity. For example, in “The Death of the Profane

Forthcoming Challenges of Human Resources Management

1591 words - 6 pages increasing individual productivity, improve team performance, enhance organizational developments. Diversity programs also help organization to recruit and retain the best human resources available (Holmes, 2005). Diversity program in an organization is important seeing the current trends in global business and escalating culture transformations has resulted in more concentration on management of demographic changes. Richard & Nancy (2001) cited the

Human Resources Management in the 21st Century

7258 words - 29 pages misclassification.Once again from a human resource management perspective, this development in an increasingly important sector-the retail sector-of the U.S. economy calls into question the role and influence of the human resource function and leaders of this function in the business enterprise. Many scholars and practitioners claim that human resources-HR-is a strategic business function that should fundamentally be a business partner in the same way

Similar Essays

"Human Resources Are The Most Important Assets A Modern Organization Has."

1087 words - 4 pages words also means that knowledge has become the key factor of productivity and competitive power. As Peter F. Drucker (1994) has observed, ' economic order in which knowledge, not labor or raw material or capital, is the key resource.' That is to say human resources are the most important assets a modern organization has, because only human beings can make, transfer and exercise knowledge. Moreover, different resources have different functions

The Importance Of Human Resources Essay

787 words - 3 pages Whether an organization consists of five or 25,000 employees, human resources management is vital to the success of the organization. HR is important to all managers because it provides managers with the resources – the employees – necessary to produce the work for the managers and the organization. Beyond this role, HR is capable of becoming a strong strategic partner when it comes to “establishing the overall direction and objectives of key

The Impact Of Human Resources Management Globally

1316 words - 5 pages In dynamic, global competitive markets, successful organizations are likely to be staffed with managers capable of adapting to constantly evolving roles, and with the capacity to achieve and sustain optimal levels of performance. The global market place has currently impacted the practice of human resources management in the United States and will continue in the next ten years. Labor laws, wage disparities, intense

The Making Of A Human Resources Department

1732 words - 7 pages stakeholder,” (page 14). Noe, R. A., Hollenbeck, J. R., Gehat, B., & Wright, P. M. (2014). Creating a human resources department that focuses on strategic growth for a company that we truly believe in is very important. NAF is a phenomenal organization with tremendous growth potential. New American Funding is filled with a group of people working hard and collaboratively to build the nation’s most amazing mortgage bank. Works Cited Noe, R. A., Hollenbeck, J. R., Gehat, B., & Wright, P. M. (2014). Fundamentals of human resource management (5th ed.). New York, NY: McGraw-Hill/Irwin.