Impact of hrm on organizational performance essay 500 words
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Answer:
Concept of Human Resource Management
Most companies employ well-written HRM practices and policies that the Human Resource department is asked to follow lawfully for the benefit of the organization. These policies and practices essentially consist of human resource planning, recruitment and selection, training and development and total rewards. The totality of these human resource practices found within the human resource unit support the final aim of Human Resource Management that is reinforcing the employer-employee rapport. Basically, the above practices and policies are planned to allow the total success of the company.
Hence, there is a need to care for human resources and consider them as strategic associates. Human Resource individuals and the organizational workforce in general should work in agreement and support the organizational general goals and aims. The Human resource division of a company must know the various employees and specifically their duties and responsibilities in their part of operation towards accomplishing the objectives of the organization. It is purely to find out whether all the employees are following the same path.
Human resource should be involved at all functional levels of management. This implies that they should assess the performance of the employees at diverse phases in order to determine the personal performance of every employee and his effect on the company. For lowly performing employees, the human resource department can advise and make needed improvements. Moreover, human resource personnel should focus and use time and efforts to support the business during the planning, implementation and control process.
As a trustworthy strategic partner, Human Resource Management practices and policies must be efficient and effective.
The impact of HRM on organizational performance
Human Resource activities such as recruiting skilled and talented individuals, developing them during their time with the company and ultimately retaining them affects positively the general performance of the company by linking individuals to the operational, business and strategic aspirations of the organization, providing for the possession, improvement and retention of brilliant workforce, who can bring higher productivity, flexibility ,innovation and who fit the corporate culture and the planned necessities of the company
Training ,Development and Education can have a positive influence on the performance of business entity by enlarging the proficiency foundation and develop the levels of competence essential in the employees, encouraging flexible learning that takes place when people dynamically seek to gain the knowledge and skills that support the goals of the company and mounting a climate of learning, a growth medium in which self-managed learning in addition to training and mentoring thrive
Increased motivation and commitment can have a positive impact on organizational performance by ensuring that people are constructive and paying attention to their work activities, that they are happy to work for the company and that they are decisive to accomplish organizational objectives