...Challenges of business leaders and HR managers when managing the 21st century workforce ” A company’s workforce represents one of its most valuable resources: for this reason the way this workforce is managed represents a critical element in enhancing internal effectiveness and improving the organization’s competitiveness” (Rennie 2003)”. Introduction Most HR management systems available in most firms were formed at a time when business and technological practices were completely different. As the world is becoming more economic globalized so is the workforce. The 21st century workforce will consist of multi-generational team and a mix of minorities. With a more diverse and complex workforce, the challenges facing the HR managers also expands. There are several issues faced by contemporary business leaders. First is globalization-which is the present flow of capital, goods, services, ideas, people, and information virtually. Second is talent acquisition and talent management issues- HR Administrations are still struggling with managing their talent efficiently. Most corporate employment and talent meanings are reactive and hardly are they future focused. Third is fruitful human capital administration-the explanation to handling your multi-generational staff. As we move towards 2020 there will be four generations working side by side, how can we accomplish knowledge transfer and maintain good team work when there exists intergenerational problems due to generational differences...
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...Human Resource Development today HRD has radically changed in the last years and nowadays it corresponds to the demands on the level of large business organizations and governmental institutions. Its impact on the functioning of any organization is being analyzed by the major experts. What is one of the best sides of HRD is that it has become a synthesis of many vital global aspects including occupational psychology, organizational behavior and theories of learning. Therefore HRD may be called an integrated formation with high performance through correct human resource management on top of it. HRD since its “birth” has been a target for numerous arguments because many professionals could not make 100% confident statements concerning the effectiveness of human resources in the economic value. The primary goal of HRD is to be a progressive mediator between the employer and the employee in term of the intellectual contribution that each employee can make into the development of his organization. HRD is more than just an ordinary business strategy it is an organized concentration of the best management practices within personnel management with high potential, nevertheless its application can be seen as a rather problematic issue as not all companies are ready to change the way of their interactions and establish a cooperation relations with the employees. HRD sees each employee not as a simple “work force” but a type of investment into the successful future of a given organization...
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...The recent decades of business and management strategic improvement have proved that human resource development has objectively become a major concern of both government and organizations in the today’s world of work. To analyze this phenomenon it is necessary to understand what Human Resource Development (HRD) truly is. HR commonly used meaning, is related to the business world referring to the individuals working in any business firm and coping with various personnel problems and issues related to recruiting, managing, developing, rewarding. HRD therefore is the development and improvement of the “framework for employers and employees which promotes a skilled and flexible labor market” [1]. It is also important to understand that the basic principle of this “skilled and flexible labor market” is partnership and therefore is created to bring mutual advantages both for the employers and the employees. HRD protects also protect the rights of the sides making their interactions well-coordinated. 2. Human Resource Development today HRD has radically changed in the last years and nowadays it corresponds to the demands on the level of large business organizations and governmental institutions. Its impact on the functioning of any organization is being analyzed by the major experts. What is one of the best sides of HRD is that it has become a synthesis of many vital global aspects including occupational psychology, organizational behavior and theories of learning. Therefore HRD...
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...head: XEROX Case Assignment Two- Xerox Charmella L. Tyler Dr. Valencia Westray-Miller Strategic Human Resource Management – HRM 530 October 29, 2011 Discuss how human resource professional can ensure that top organizational leaders encourage managers and employees to follow laws and guidelines. It is the human resource professional’s responsibility to ensure the fair treatment of all employees. Human capital is one the most significant assets held by organizations. Weatherly (2003) identifies an organization’s human capital as “the collective sum of the attributes, life experience, knowledge, inventiveness, energy and enthusiasm that its people choose to invest in their work.” Organizational leaders are responsible for locating and hiring human resource professionals that are knowledgeable about federal and state laws and guidelines that support will manage and influence organizational culture, promote employee safety and fairness, and adjust and facilitate change quickly and efficiently within the company. Organizational leaders hire human resource professionals to provide adequate up-to-date information about federal and state laws and guidelines to employees. Human resource professional are faced with the tasks of developing and enforcing clear policies against employee discrimination, and keeping employees familiar with their rights and laws. Human resource professionals must abide by specific guidelines and laws to conserve employers’ money and decrease...
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...been employed at Tampa General Hospital for fourteen years, I am very familiar with the mission and vision of the hospital. Tampa General’s vision states: Tampa General Hospital will be recognized as a leading medical center in Florida and one of the best in the nation. We will be at the forefront of clinical services, medical research and education. With our physician and university partners we will create, teach and deliver tomorrow’s breakthroughs in medical science. (Tampa General Hospital [TGH], n.d.). Tampa General’s mission states: Tampa General Hospital is committed to providing the residents of West Central Florida with excellent and compassionate health care ranging from the simplest to the most complex medical services. As a teaching facility, Tampa General partners with academic and community institutions to support both their teaching and research missions. As the region’s leading safety net hospital, we reaffirm our commitment to providing high quality health services to all residents (Tampa General Hospital [TGH], n.d.). Management incorporates the mission and vision of Tampa General starting with the application process. All applicants must take an assessment tool, called Talent Plus, which is geared to find employees that will succeed in a culture focused on compassionate care. Tampa General’s mission is to provide compassionate healthcare, so by using this screening tool, it should help Tampa General to find the right employees from the start. At the...
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...Human resources management is a strategic and coherent approach to the management of an organisation’s most valued assets. (Armstrong 2006). It is also defined as the function responsible for establishing integrated personnel policies to support organizational strategy. Cole (2000). It is responsible for attracting, recruiting, and selecting, training and rewarding employees. In Zimbabwe Human resources management has been affected by a number of trends which are political, economic, socio-cultural, technological, legal, demographic and health related. Political Trends Human resources management has been affected by different political ideologies from those of the western world. Before the introduction of indigenization policy, investors were more than willing to invest in Zimbabwe. In 2008 the indigenization policy was introduced which stated that if a foreigner invests in the country he/she should partner with a local investor and the ratio of share should be 49:51 in which the local person gets higher or bigger share. (ZIMASSET 2013). On its introduction, investors lost confidence in doing business in the country as a result most companies that are foreign owned have been forced to close resulting in increase in unemployment levels. Economical Trends The Zimbabwean economy has been affected by brain drain since 2007. Brain drain being the loss of skilled, intellectual and technical labour through the movement of such labour to more favourable geographic, economic...
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...by common systems and a philosophy that "the needs of the patient come first." More than 3,300 physicians, scientists and researchers and 46,000 allied health staff work at Mayo Clinic, which has sites in Rochester, Minnesota, Jacksonville, Florida, and Scottsdale/Phoenix, Arizona. For many decades, Mayo Clinic has been ranked as one of the top medical institutions in the world. Over the past few years, the entire health care industry has been experiencing immense challenges. Mayo is not immune to these challenges and faces the risk of losing critical components of its culture and overall tradition of excellence that have been at the core of its success. Given the current and historic success of Mayo, what does Mayo need to do from a human resource (HR) perspective to maintain this standard of excellence? Journal of...
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...we discuss the importance of having an effective human resource division. In this study we will reveal how one would change the culture of a stagnant department with no functional human resource practices or human relations interactions in place? We will also address what would be the single most important strategy that you would implement from a human resources perspective to change the attitude of department members whose only goal currently is "Look for the next job"? Both of these topics are very important to any business or company that strives to be the best and achieve maximum results. A business, corporation, or department that does not implement functional human resource practices or human relations interactions is destined to struggle rather sooner than later. In order to change the culture of this type of situation you must start at the foundation to get a better understanding as to what exactly is the root of the problem. For a department that is stagnant it is obvious that data driven evaluations combined with an effective staff analysis are not a consistent instruments of measure. This means a top to bottom approach must be used to ensure that the entire company first sees and understands the “big picture”. With new approaches forming daily in regards to organizing human resource services all parties involved must be familiar with the new technological approaches many companies are employing. The human resources main duty is to “add value” so the company can do...
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...(2003) human resource development is the study and practice of increasing the learning capacity of individuals, groups and organizations through the development and application of learning interventions for the purpose of optimizing human and organizational growth effectiveness. Employee resourcing is concerned with the range of methods and approaches used by employers in resourcing their organizations in such a way as to enable them to meet their key goals. It therefore involves staffing that is recruitment, selection, retension and dismissal, performance that is appraisal and management of performance administration that is policy development, procedural development, documentation and change management. Effective individual learning as critical if employees are to acquire the knowledge and skills needed to support the organization’s business objectives and delivery targets through employee resourcing. Human resource development contributes significantly in retaining and motivation employees such that they meet organizational goals. According to Armstrong (2002) recruitment flexibility can provide a significant competitive advantage for organizations. Recruiting flexible employee prepared for the future change and able to contribute rather than conform. Rather than aiming for rigid skills and ability profile, and gullible personalities, recruit people who are versatile and adoptable. This reflect a long term strategy, geared towards realizing talent for tomorrow’s requirement...
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...external territory and internal territory of the company. This written analysis focuses on the LG Group’s Chairman Koo who once stated and defined his vision for the LG group to develop and improve significantly and to be a leading company in its local market area (Korea) and the wider market scope, international market and increase its revenue significantly within 7 years period. This is known as “LEAP 2005”. Even though is not an easy task to do, he is much certain that the group can do that. He considers the past performance of the group and the major internal changes within the company will enable it to achieve what its chairman wants. The main key success, as the management agrees, lies on the future leaders of the group. There are several questions that arise as the result of the discussion between the management in relation with this key point, namely where and how to find these future leaders, what capabilities of competencies these leaders should possess how to develop these key competencies and so on. ANALYSIS OF LG GROUP SITUATION Briefly speaking on LG historical background, a common first impression on the company is that it has tremendous historical records in terms of business performance and business revenue. Citing the record, LG was established for the first time in 1947 as a small chemical company. As the time went by, there are expansions that the group has done....
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...HUMAN RESOURCE MANAGEMENT INNOVATIONS & TECHNOLOGY – ROLE IN RECRUITMENT & MOBILITY Abstract— Human resources have been called the “key ingredient to organizational success and failure).In today’s Globalized era Human resource practices have become more innovative and technological. Today HRM Practices uses technology to enhance mobility. The HR and global mobility Departments have a great deal to gain by replacing existing deficiencies with operational efficiencies that can be achieved through the use of technology. In addition, the effective use of technology can enable organizations to track employees and reach out when required. Today the social networking sites viz. facebook, twitter, LinkedIn etc. are used as an innovative tool to recruit the capable and efficient human resources in any organization. Technology is moving beyond its role as a business enabler and become further ingrained in the life and work styles of the future workforce, while also changing employee and business expectations and interactions with one another and the world around them. This Paper critically discusses the Impact of Technology on recruiting and mobilizing the workforce, We specifically put an emphasis on what is often called “new” or “modern” HRM practices—practices that imply use of high levels of technology and innovations in recruitment process. We discuss how individual practices influence innovation, and how the clustering of specific practices matters for innovation...
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...between personnel management and human resources, the difference can be described as philosophical. Personnel management is more administrative in nature, dealing with payroll, complying with employment law, and handling related tasks. Human resources, on the other hand, is responsible for managing a workforce as one of the primary resources that contributes to the success of an organization. When a difference between personnel management and human resources is recognized, human resources is described as much broader in scope than personnel management. Human resources is said to incorporate and develop personnel management tasks, while seeking to create and develop teams of workers for the benefit of the organization. A primary goal of human resources is to enable employees to work to a maximum level of efficiency. Personnel management can include administrative tasks that are both traditional and routine. It can be described as reactive, providing a response to demands and concerns as they are presented. By contrast, human resources involves ongoing strategies to manage and develop an organization's workforce. It is proactive, as it involves the continuous development of functions and policies for the purposes of improving a company's workforce. Personnel management is often considered an independent function of an organization. Human resource management, on the other hand, tends to be an integral part of overall company function. Personnel management is typically the sole...
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...Emerging Issues in Human Resource Management Organizational growth and excellence is driven by strategic and effective human resource management (HRM). The start of the global economy has brought awareness that the only permanent competitive advantage is an organization’s ability to effectively exploit human resources. HRM has become a significant factor in the management for organizational success. While there are many emerging HRM issues, there is one particular area that I found to be most concerning. Thomas Singleton, the Human Resources Director at Lifespan Corporate Services assisted me by proclaiming that, “…as globalization and the information age continue to advance, organizations need to adapt to the changes in technology and the changing issues in management of people.” Furthermore, he stated that managing globalization is a critical issue for human resource managers. Due to globalization and expected changes in technological and the social environment it has become critical for human resource managers to effectively and efficiently handle the competitive environment that affects the performance of organization at domestic as well as global platforms. “Globalization represents the structural making of the world characterized by the free flow of technology and human resources across national boundaries as well as the spread of Information Technology and mass media presenting an ever-changing and competitive business environment” (Česynienė, 2008). ...
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...RUNNING HEAD: TALENT MANAGEMENT Assignment 5: Sustainable Talent Management Meshell June 16, 2013 HRM 532 Criteria #1 Although there are numerous performance management processes that can measure employee talent particularly in this day of computer technology. The most important parts of such a process is to ensure, the old phrase, "of having the right talent in the right roles at the right time is one of the most important issues facing line executives and human resource professionals today." (Silzer & Church, 2009) In order to ensure that this analogy, which is critical, remains true for any company they must continuously have mechanisms of feedback and then reviews of employees on a regular basis. Most companies would have employee reviews once a year, however, I believe that it is better for this to be done twice a year. There are companies that utilize just annual performance appraisal process by using the performance reviews that evaluate individuals with the potential to succeed in more complex or higher-level roles within the organization. This approach brings to light the question: does past performance realistically predict future performance especially in higher-level positions? Just a quick aside the Corporate Leadership Council defines a high potential employee is someone with the ability, engagement, and aspirations to rise to and succeed in more senior critical positions (Silzer & Dowell, Strategy-Driven Talent Management, 2010) Organizations...
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...HRM ESSAY HOW IS HRM INFLUENCING IN A COMPETITIVE WORLD BY MARIA MEMON BBA 5C SUBMITTED TO:MS SALEHA HAROON "In a global competitive world, you gotta win. When you win, you give back." ~ Jack Welch~ Human Resource management or the personnel management, in a sense means getting things done by its people. It is an essential role that is eventually played by every manager. HRM is basically about how one manage its people in a effective way in order to gain more productivity and HR means ‘human resource’ that show the people viewed as a resource in an organization, if effectively managed can bring productivity and can be a competitive advantage for an organization. Before putting an argument on how HRM is influencing in a competitive world we need to realize that HR is more than maintaining personnel functions. Corporate and economic development dictated that businesses to remain competitive, needs to view HRM as an evolutionary function. In this essay certain issues and challenges have been discussed that influence HR to remain competitive in this modern world. Firstly it is told about employees are the competitive advantage of a company and to manage it effectively is the primary goal of an organization. This essay is also about how workforce diversity can bring positive and negative impact on organization it is also about how rapid technological changes and globalization had bring challenge for HR professional. The basic point on which this essay focus is about...
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