Human resource management is a vital part to any business striving to be successful in the world. Every business has a way that they like their business to be ran. Human Resource management is the “policies, practices, and systems that influence employee’s behavior, attitudes, and performance.” Without human resource management many companies would simply not be able to function correctly. Human resource management deals with every practical part that has to do with people in general. It depends on the employees of a company to want their company to be a success. It is always a team effort to make sure everything is right and acceptable. This paper explores the different aspects of human resource in a company. It details the relationship between human resource strategies and business strategies. It shows specific strategies that will benefit a company’s overall objective. The strategic partner is discussed greatly in the paper. The paper discusses the situation where the strategic manager reports to the CEO or in some cases where it does not. Procter and Gamble is the company that will be discussed in regards to its business and human resource strategies. There are key competencies that the strategic manager must follow to assess what is needed to develop programs for a company. The career path for a senior executive is also discussed.
The human resource department of a company usually formulates more than one strategy. They all come together for one purpose and that is the success of the company. In order to advance to an actual strategy a company’s human resource department must go through many steps devising. A company’s human resource strategy usually consists of many things such as, what the company, employees, and sometimes their customers need. The relationship between human resource strategies and business strategies aids in the outcome of the company’s goals. One of the main goals of human resource management is to make sure that the company’s human resource provides a competitive advantage over other companies. There are many problems that exists that cause human resource management to choose other routes for the company. The strategies the company chooses can be “the specific adjustments and actions taken to deal with a particular situation.” That is the reason there is always more than one strategy in business. For every problem, a new solution is needed to solve it. The human resource strategy and business strategy go hand and hand. Human resource typically is what helps the company’s business strategy to come together. The human resource department decides on recruitment, compensation, recruiting, training and development and also evaluating performance. Human resource has to make sure the company is competitive in relation to other companies in their spectrum. “Competitiveness is related to company effectiveness, “which means that a company must make sure that all people involved with their company are satisfied and receiving what they expect. Important people include stockholders, customers and employees. Stockholders generally expect to receive a return on their investment that they have purchased from the company. If the company cannot pay out stockholders then this must mean that the company is not making money. The customers expect a product of high quality or service just as good. People set high standards on products and services that they like. If they are not satisfied then the company has not succeeded in this. Without competition companies would probably never make the maximum profit that they are able to make. Competitiveness aids in helping a company go over and above the standard of what is expected. Human resource helps with this. All aspects of the company rely on the human resource strategy. Every company has a business strategy that they go by. What the company wants to focus on to be successful typically maps out their business strategy. The...
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