Hr1 Essay Example | Topics and Well Written Essays - 4500 words

Hr1 - Essay ExampleExplain the Purpose of gay Resource Management Policies in Organisations 16 3.2. Analysing the Impact of regulative Requirements on HRM Policies of millennium Hotels 18 3.2.1. Positive Impacts of Regulatory Requirements on HRM Policies 18 3.2.2. Negative Impacts of Regulatory Requirements on HRM Policies 19 Task 4 20 4.0. Examining Human Resource Management in an Organisation 20 4.1. Analysing the Impact of Organisational Structure and Culture on HRM 20 4.2. Impact of Culture on HRM 21 4.3. say-so of HRM on Monitoring Organisational Performance 22 4.4. Recommending Steps towards Improving HR Functions 23 Conclusion 24 References 26 Introduction The organisations in the present competitory barter environment seek to increase their capability of managing and controlling the performance of their workforce for the purpose of competing with their major rivals and accomplishing superior competitive position. In this similar context, the whim concerning Human Resou rce Management (HRM) of different organisations play a fundamental role towards strengthening the optimal performance of the workforce and enabling the organisations to gain boilers suit business or operational efficiency in this composite business environment. The conception of HRM considerably ensures to provide nice potential synergy in gear up to empower the substantial growth of a particular organisation. Moreover, the concept of HRM can also be considered as one of the major influencing factors of an organisation which facilitates to enjoy adequate capability of increasing the performance of the workforce and attaining the desired objectives of the organisations (SAGE Publications, n.d.). In the context of Strategic Human Resource Management (SHRM), the thought i.e. HRM can be regarded as a holistic approach which ensures to align human resource (HR) related functions of an organisation with its strategic objectives. The primary objective of SHRM implies the practice of ide ntifying the key areas of HRM and developing efficacious strategy to meet the ultimate organisational goals and objectives (Salaman & et. al., 2005). With this concern, the primary objective of this report is to understand the contribution of SHRM in Millennium Hotels towards the attainment of its desired business objectives. Additionally, the discussion would encourage identify and analyse the major factors that underpins the need of an adequate HRM plan for Millennium Hotels. Furthermore, the purpose of HRM policies and their potential impacts will also be analysed in accordance with the HRM policies of Millennium Hotels. At last, the report will be concluded through analysing the impact of organisational structure and culture in the HRM practices and examining the efficiency of HRM in Millennium Hotels. Task 1 1.1. Significance of Strategic Human Resource Management (SHRM) Functions The practice of SHRM can be observed as the approach of preserving effective interrelation betwe en the organisational strategic decisions and overall HRM strategies. It intends to build a paramount approach for an organisation on achieving a greater degree of managing capability to efficiently attain its predetermined business goals (Gratton & Truss, 2003). In the context of Millennium Hotels, the approach i.e. SHRM can be viewed as one of the major attributes behind the continuous success of the organisation in the spheric hospitality industry. In relation to the fiercely growing competitiveness in the modern business