Wednesday, May 6, 2020

The Role Of Human Resource Management And Development For...

ABC Technology Company Human Resource Management The role of human resource management is one of a strategic partner, Administrative Expert, Change Agent, Employee Advocate, Human Capital Developer, and Consultant whose objective is to: 1. Maximize the return on investment from the organization’s human capital and minimize financial risk. 2. Align the capabilities and behaviors of employees with the short-term and long-term goals of the company. 3. Train and develop skills and capabilities of employees within the organization 4. Analyze the constantly changing economic and technologic development and implement plans and process to adapt and restructure the organization to meet the needs and demands of the new advancements brought by the†¦show more content†¦Ã¢â‚¬Å"Without employees’ talent and expertise, the business risks losing production capabilities – the inability to achieve maximum production levels directly affects revenue, profitability and company standing in relationship to its competitors.† (Mayhew, 2016) Perception- With a greater influence on employee satisfaction, engagement, and retention HR as a strategic partner improves employee’s and leadership’s perception of human resources. (Mayhew, 2016) Balance- Decision-making that takes into account the actual workforce that supports the organizational success. (Mayhew, 2016) Value- Developing business strategy in conjunction with HRM allows for the attainment of organizational goals in a forward thinking business practice that HRM is known for. (Mayhew, 2016) Policies, Procedures, and Practices To do this with this particular organization we need to focus on the key issues that have been noted. Those being staffing and retention due to high turnover rates. Now any good Human Resource Manager

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