Preview

Unit 2

Powerful Essays
Open Document
Open Document
15072 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Unit 2
From: Tanjila Namaji To: Mr. Ladi & Ben Course: BTEC National Diploma in Business

Investigating Business Resources

Unit - 2

ID Number: 25068636

Level 3 Year 1

Task-1 P1, P2 & P3
To: Mr. Ben Johnson (Managing Director)
From: Tanjila Namaji (BTEC Business Student)
Subject: How Burma Castro can manage its Human Resources effectively.
Date: 27th April 2010

(P1) Introduction “Burma Castro has been in business for five years in southern Asia. The company’s initial move was to enter into Join Venture and other strategic alliance with three companies in northern Africa that deal in unrelated business leads. The company now wants to grow within its geographical area (southern Asia) and needs assess its current performance, set a vision for growth and finance the business growth. The managing director, Mr Ben Johnson has approached me for advice and because I am BTEC national diploma student, I will have to provide some useful business advice on managing the Human resources, Technological resources, financial resources as well as Physical resources of Burma Castro.” In this task I will describe how Burma Castro can manage its Human Resources (HR) more effectively. First I will look at two angels of HR which are: department and employees. I will explain what each of these do and how they manage their activities.

Definitions
Human Resource Management (HRM) is the function within an organisation that focuses on recruitment of, management of, and providing direction for the people who work in the organisation. Human Resources are the people that work for an organisation, and HRM is concerned with how these people are managed. However, the term HRM has come to mean more than this because people are different from the other resources that are utilized in running of an organisation. People have thoughts and feelings, aspirations and needs. On the other hand HRM has thus come to refer to an approach, which takes into account



Bibliography: The Financial Services Environment (Financial World Publishing 2002) Author: Brighouse R and Hontoir J

You May Also Find These Documents Helpful

  • Good Essays

    Human Resource management can be defined as a management of organisation workforce. It is responsible for recruitment and selection, induction and training, promotion and transfers, human resources and manpower planning, rewards and conditions of employment and appraisals and termination of employment. HRM is also a strategic and comprehensive approach to managing people and the workplace culture and environment. Effective HRM enables employees to contribute effectively and productively to the overall company direction and the accomplishment of the organisation 's goals and objectives. (1)…

    • 1042 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Human Resources Management (HRM) is the strategic management of the employees, who individually and collectively contribute to the achievement of the strategic objectives of the organization. Assuming that the employees of an organization are individuals with own mental maps and perceptions, own goals and own personalities, own capabilities HRM holds that the organization should be able to employ both individual and group psychology in order to commit employees to the achievement of organizational goals.…

    • 623 Words
    • 3 Pages
    Good Essays
  • Better Essays

    To simply define Human Resource Management (HRM), it is a management function that helps managers recruit, select, train and develop members for an organization. Obviously, HRM is concerned with the people’s dimension in organizations.…

    • 1026 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Hrm and Its Importance

    • 1678 Words
    • 7 Pages

    Human Resources Management (HRM) is the strategic management of the employees, who individually and collectively contribute to the achievement of the strategic objectives of the organization. Assuming that the employees of an organization are individuals with own mental maps and perceptions, own goals and own personalities and as such they cannot be perceived as a whole, HRM holds that the organization should be able to employ both individual and group psychology in order to commit employees to the achievement of organizational goals.…

    • 1678 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Squares Hrm Practice

    • 2159 Words
    • 9 Pages

    The term human resource management (HRM) has relatively adopted in business organizations in place of personnel management. HRM can be defined as” the management of activities under taken to attract, develop, motivate, and maintain high performing workforce with in the organization” HRM involves following characteristics. First, it focuses on horizontal authority and reduced hierarchy. The second characteristic is that the role of human resource professionals is to support and facilitate line managers who have the direct responsibility of managing personnel. Thirdly, HRM is proactive and fused with corporate level planning. The fourth characteristic is that employees are seen as subjects who have potential to develop and grow. The purpose of HRM is to specify employee’s potential and develop it in line with the needs of the organization.…

    • 2159 Words
    • 9 Pages
    Good Essays
  • Powerful Essays

    Human resource management (HRM) is a strategic and coherent approach to the management of an organization’s most valued assets: the people working there who individually and collectively contribute to the achievement of its…

    • 5666 Words
    • 23 Pages
    Powerful Essays
  • Good Essays

    Human Resource Management

    • 680 Words
    • 3 Pages

    Human Resource Management (HRM, HR) is the management of an organization's employees. While human resource management is sometimes referred to as a "soft" management skill, effective practice within an organization requires a strategic focus to ensure that people resources can facilitate the achievement of organizational goals. Effective human resource management also contains an element of risk management for an organization which, as a minimum, ensures legislative compliance.…

    • 680 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Human resource Management

    • 2085 Words
    • 9 Pages

    Human Resource Management(HRM), is a process of bringing people and organization together so that the goals of each are met. It is that part of the management process which is concerned with the management of human resources in an organization. It tries to secure the best from people by winning the whole hearted cooperation. HRM may be defined as the art of procuring, developing and maintaining competent workforce to achieve the goals of an organization in a effective and efficient manner.…

    • 2085 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    Candidates need to complete any combination of units to a minimum of 6 credits to…

    • 3052 Words
    • 13 Pages
    Satisfactory Essays
  • Good Essays

    human resources

    • 594 Words
    • 3 Pages

    Human resource management (HRM) entails the effective utilization of human resources within an organization by managing people or employee-related activities. HRM is a comprehensive and strategic approach for managing employees and the work place environment and culture. The human resource department plans, directs, and coordinates the administrative undertakings in an organization. The department also oversees the recruiting process that involves carrying out job analysis, advertises vacancies, screening or interviewing, hiring new staff, orientating, and offering training to job applicants. Human resource managers discuss with top managers concerning strategic planning and overall organization development (Alagaraja, 2013). They also provide a link between employees and a firm’s management. The department deals with employee compensation, safety, well being, employee motivation, benefits, and communication. The managers evaluate employee performance, and resolve disputes within organizations.…

    • 594 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    MHR 2

    • 3180 Words
    • 12 Pages

    Human Resource Management (HRM) is the function within an organization that focuses on recruitment of, management of, and providing direction for the people who work in the organization. HRM can also be performed by line managers. HRM is the organizational function that deals with issues related to people such as compensation, hiring, performance management, organization development, safety, wellness, benefits, employee motivation, communication, administration, and training. HRM is also a strategic and comprehensive approach to managing people and the workplace culture and environment. Effective HRM enables employees to contribute effectively and productively to the overall company direction and the accomplishment of the organization's goals and objectives.…

    • 3180 Words
    • 12 Pages
    Powerful Essays
  • Powerful Essays

    Human Resource Management

    • 1895 Words
    • 7 Pages

    It is the function within organization that can focuses on the entire life cycle of an employee. It covers and is responsible for the recruitment, on-boarding, training, performance monitoring and employee motivation. It is also frame work of philosophies, policies, practices and culture which defines an employee’s relationship with their managers and the organization.…

    • 1895 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    HR Practice in Bangladesh

    • 3294 Words
    • 12 Pages

    An employee might more knowledgeable and skilful by training and development program or process that maintaining an effective level job performance. So it acts an important role in HR department. As a part of BBA program, our Introduction to HRM course instructor Ramjanul Ahsan assigned us to prepare a report on HR Practices in Bangladesh. We have selected two companies to show the scenarios of Human Resource practice in our Bangladesh. They are “Nestle Bangladesh Ltd.” and “Square Textile. Ltd.” We have focused more on Recruitment Process of Square and have focused lot on Training and Development of Nestle. This combination shows the basic scenarios of HR practice in our country. It was easy for us to study and collect adequate information on these two company. These are the reason behind choosing these two. We hope this report will create a complete reflection of Human Resource Management practice in Bangladesh.…

    • 3294 Words
    • 12 Pages
    Powerful Essays
  • Satisfactory Essays

    Human Resource Management (HRM) is defined as the process of managing human talents to achieve an organization’s objectives. Human resource departments play an important role in areas such as staffing, employee relations and legal compliance within organizations.…

    • 299 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Bread Talk Business Strategy

    • 5783 Words
    • 24 Pages

    Gross, A. (2001, December). Thailand Human Resources Update. (Pacific Bridge Incorporated) Retrieved October 19 2012, from Pacific Bridge: http://www.pacificbridge.com/publications/thailand-human-resources-update/…

    • 5783 Words
    • 24 Pages
    Powerful Essays