This paper reviews and explains why organisations are increasingly taking a more strategic approach to managing their human resources function and integrating this function with the corporate strategy development of the organisation. The paper is divided into three key parts:
• Introduction and Context – This section presents the issues and provides a brief context into the situation highlighting the resulting variances in the approaches taken by management.
• Current Situation, Issues and Management Approaches – This section presents the current situation and the issues, and discusses the different approaches that management pursue to integrate their human resources function into their organisational strategy.
• Conclusion – The final part presents the conclusion to the analysis in this paper, and suggests actions that organisations could take in being competitive in their sectors in the current environment.
A. INTRODUCTION AND CONTEXT
The global markets continue to become increasingly competitive driven by a number of factors which include innovation (Morgan & Berthon, 2008) and the focus of firms in differentiating their offering versus competitors. The recent financial markets’ crisis which has impacted the financial and economic markets globally has further placed an additional impetus for firms to seek lower cost products while maintaining the quality that consumers expect from their products.
In the past few years, there has been increased integration of the human resources function in the organisational strategy and development of organisations. A large number of firms have realised the impact that a strategic human resources function can take in bringing the organisations to a... [continues]
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(2009, 02). Organisations Are Increasingly Taking a More Strategic Approach to the Management of Their Human Resources. StudyMode.com. Retrieved 02, 2009, from http://www.studymode.com/essays/Organisations-Are-Increasingly-Taking-A-More-193139.html
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