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HR MBA 29 Mohamed Faiz

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  Strategic Human Resource Management (SHRM)   Strategic human resource management involves a future-oriented process of developing and implementing HR programs that address and solve business problems and directly contribute to major long-term business objectives (SHRM, 2023).     Importance of Strategic Human Resource Management (SHRM)   Businesses that ensure collaboration amongst all teams, and synchronized working towards common objectives, succeed faster. By applying strategic HR practices, employees can be analyzed and the actions that will lead to value addition for the company, can be identified. If a company’s HR personnel don’t know much about strategic human resource management, they can enroll for HR courses online to understand the concepts thoroughly and implement the same in the organization. There are various benefits of applying strategic human resource management for any business (EMIRITUS, n.d.) .  These include: ...

Mohamed Faiz HR MBA 29

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  Nature of Human Resource Management     Let’s start discussing the nature of Human Resource Management. Human resource management seeks to achieve each individual’s and the organization’s objectives. Human resource management (HRM) is a necessary component of every business. To achieve company goals and build a happy, fulfilled staff, it is critical to understand HRM thoroughly. We must go over the following topics to better understand the nature of human resource management.   (statanalytica, 2021)           1.Inherent Part of Management Human resource management is an integral aspect of the management process, and it is carried out by all managers across the firm, not just the people department. If a manager wants to get the best out of his employees, he must take on the fundamental task of hiring individuals to work under him. Managing people and relationships is essential in managing an organization, yet management i...
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  HR Relationship of employer and employee   “ When people are financially invested, they want a return.   When people are emotionally invested, they want to contribute. ” — Simon Sinek.    Apr 26, 2022   Introduction Employee relations has replaced industrial relations as the term for defining the relationship between employers and employees. Today, employee relations is seen as focusing on both individual and collective relationships in the workplace, with an increasing emphasis on helping line managers establish trust-based relationships with employees. A positive climate of employee relations - with high levels of employee involvement, commitment and engagement - can improve business outcomes as well as contribute to employees' well-being. https://www.staples.co.uk/knowledge-centre/wp-content/uploads/2020/11/management-style-and-the-boss-employee-relationship-1440x960-1.jpg Here, we explore what employee rela...