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Barclays Bank Five Forces Analysi of Porter

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Barclays Bank Five Forces Analysi of Porter
STRATEGY HUMMAN REURCE AND MANAGEMENT

Human resource management is concord with the management of the employees of in organisation.

What is human resource management? * HRM is he management process concerned with efficient and effective utilisation of the organisations employees through the development of policies procedure practices so that the objectives of the organisation are achieved in the long term. * SHRM therefore implies that the organisation must have the right people with the right skills and in the right quantities in order that the organisation can realise its goals. * SHRM and business strategy:
The business strategy explains how the organisation intends to achieve its started objectives in other words, business strategy entails the courses of action programmes that will lead to the organisation towards the achievement of its set objectives.

* Every organisations and directs its operations * People or employees of the organisation play a very vital role in an initiation, development and executive of the firm’s business strategy.

* In fact, it can be said that the achievement of the organisations business strategy very much depends on its employees who are responsible for developing and charring out the necessary actions and activities. * In summary, there should be a coherent that a complements and support, the specified business strategy of the organisation.

* UNDERSTANDING HUMAN RESOURCE POLICIES;

* HRM policies are the decisions and practices adopted by organisations as regards how its employees are messaged.

* Such HRM policies include the following: * Recruitment and selection * Training and development * Motivation and rewards * Discipline and grievances * Diversity * Performance

* RECRUITMENT AND SELECTION OF EMPLOYEES * Recruitment is concerned with inviting potential candidates to apply for a vacancy in an

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