Explain The Relationship Between Strategic Management And Human Resource Management Business Essay

Explain The Relationship Between Strategic Management And Human Resource Management Business Essay Every organisation is trying to become more efficient and more productive. The key to an organisations success is to become more global and advance from a technological prospective. In order to become more efficient and to make its goals achievable, an organization should focus the most important assets of all other resources, which is the human capital or the intellectual assets. After all, none other than a person or an employee executes every achievement or any activity in an organization. Thus keeping this particular asset in good terms and managing it up to a standard is quite a challenge in terms of time and similarly finance. However, having a well organized and a well-managed human resource brings more significance to an organizations wellbeing. This essay will investigate how Strategic Management (SM) and Human Resource Management (HRM) are related, and then evaluated the role they play in providing organisations with a competitive advantage. Strategic management deals with devising people interventions that help an organization to develop the customer behaviour to promote the competitive advantage (Saini, 2009). The strategic management process helps the organisation to react quickly towards the new challenges. This dynamic method helps organizations find new and more efficient ways to do business. Strategic formulation, which is the practice of classifying a companys goal and strength and strategic implementation which express as the process of allocating resource and developing structures are the two components of strategic management process (Kramar, Bartram and De Cieri, 2011) Strategic management processes raise the organizations to discover new and more capable ways to do business. Situation analysis, strategy implementation, strategy formulation and strategy evaluation are the key elements of the strategic management process (Kramar, Bartram, and De Cieri, 2011). By dealing with these elements of the SM process in order listed, companies can assess and re-evaluate situations as they develop; always making sure, the company has positioned itself optimally in the business environment. Situation analysis engages with looking over the companys internal and external environments and the context in which the company fits in to those environments. As a way of implementing, observations are made about companys internal environment and investigations are carried out to find out how employees interact with each other at all levels. In the completion of the situational analysis, a strategy is formulated. (Kramar, Bartram and De Cieri, 2011). This involves determin ing the companys strengths to decide which strategies could be implemented. Operational strategies involve routine operations, outlining the procedures and process by which the company does business. Competitive strategies involve finding ways to compete with a particular industry or business (Kramar, Bartram, and De Cieri, 2011). Strategy implementation is the third step in the strategic management process. It involves the implementation of the formulated strategy. The final step in the strategic management process engages observing the results of an implemented strategy (Kramar, Bartram, and De Cieri, 2011). As mentioned, these four elements and the process of building a good strategy would be very significant to an organization, which presumes to manage their intellectual resource with great efficiency. Using strategies would help HRM to be more rapid and supervised in their decision making process and in achieving the objectives and targets of the entity (Kramar, Bartram and De Cieri, 2011) Human resource management described as a set of activities aimed at building an organizational performance (Plumb, 2008). Also having a good HR management department is identically important to an organisations strong financial. Any organization is goal oriented and has targets to achieve, and the employees of the organization perform them. The employees are the works force in the entity, thus managing and maintaining them is very crucial and very vital to its top managers on behalf of the organization. Managing the work force is also important as it gives the foundation of a healthy entity; this happens only if an entity holds a strong work force that is right for the job (Payne, 2010). Having a strong work force opens many opportunities for the organization in terms of growing their day to day businesses, and consequently by overcoming supplementary trades the company unwraps a pathway to a successful and a most importantly a sustainable organization in today competitive world. Thus, using strategies and planning HR activities is quite important to a business entity for the betterment of the employees, which consequently brings success to the organization itself. HR strategies are laid down according to the overall objectives of the organizations in the same way as investments or marketing strategies. However, HRM strategies explained through quantifiable terms so that outcomes of them measured. Also, HR strategic objectives go past the basic calculation and control of staff numbers and minimization of costs (Barrett, 2009). The function of a Human Resource Management strategy is when adopting their HR practices, organizations must take into account the interest of the fit between these firm strategy and practices. As a result, the main goals of strategic HRM is to make sure that HRM is aligned with the strategic needs of organization (Saini, 2009). Strategic management is important in all kind of organization activities to achieve their long-term goal. Hence, most of the managers agreed that perceived strategic management is the most important capability and information technology as the least important competency for HR managers (Payne, 2010). Strategic management domain contains visioning, analytical and leadership skills that managers viewed as important for human resource (Payne, 2010). Thus HR leaders can make significant role to strategy development and achievement as well as to improve the quality of decision related strategy and talent. Overall, the relationship between HR and management is becoming mutual. HR executives are trying to become a part at the management table and they are concerned in everyday management activities. However, there is still a long way to go if HR is to become a strategic partner at all levels. In order to do that, HR needs to expand its internal competencies to deal with organizational issue s and find ways to suggest creative and innovative solutions to organisation wide issues (Kramar, Bartram and De Cieri, 2011). Meanwhile for harder strategic HR themes like cost cutting, rate of return productivity measurement, performance measurement it has been noticed that the employees volunteer reluctantly. Therefore, a clear dualism is apparent in HR intervention that organisations have been adopting for their survival (Saini, 2009). In addition, strategic management prescriptions are never comfortable when put together with pluralist employment relations framework (Saini, 2009). Some organisations have a practice of using strategies not only in HR but also in other aspects of their organisations to achieve their target goals and objectives without any hassle. Practicing strategies in HR would be beneficial not only to the employee but also it is the right way to do the right job (Lawler, Boundreau, 2009) Strategic Human Resource Management (SHRM) also identifies the long-term effects of HR decisions on the employment and development and development on the bond between management and staffs in the organisation as being significant (Barrett, 2009). This is important if the company wants to gain competitive edge through its workforce. As a result of, HR departments integration to the business, the personnel were re-looked as a resource in the company. On the other hand, SHRM system helps effectively by answering the requests of the strategy and environment and assists strategic flexibility with the goal of achieving the active fit (Pablos, Lytras, 2008). Strategic management can also help the organization to identify their strength, weaknesses, and opportunity and threat. So, that the organization can compete with their competitive firms and build their profit and achieve their success. Strategic management as general and within HR, helps to organize how HR systems and practices with the aim of developing a competitive advantage for the firm (Pablos, Lytras, 2008) According to Porter, (1994) competitive advantage defined as an advantage that arises from observing and realizing ways of competing that are unique and distinctive from those of rivals, and that can be sustained over time. Some researches tell that human resources can become the cause of competitive advantage for the organization is not new. At the same time, the organization need to understand that competitive advantage is not permanent (Pablos, Lytras, 2008). The speed with which competitors are able to acquire the skills needed to duplicate the benefits of a firms value-creating strategy determines how long the competitive advantage will last (Pablos, Lytras, 2008). In addition, it has accepted that firms can generate a competitive advantage from their management practices. Organizational resource leads to a constant competitive advantage when the resources are valuable, rare and have no substitute (Pablos, Lytras, 2008). Human resource needs to create organizational values in or der to be a source of competitive advantage. Therefore, organizations offer jobs in which individual can show their different skills (Pablos, Lytras, 2008). When the firm choose a strategy, they make choices among competing alternatives. Competitive advantages help to sketch the organizational procedure by analytically and the emergent strategy help the rational decision making process by senior management and enhance the firms competitiveness. In addition, the organizations can develop a long-term competitive advantage. Strategic Human Resource Management (SHRM) allows the adaptation of HR practices, the knowledge, and the behaviour of the employees as regards the immediate needs of the organization. In brief, SHRM must facilitate strategic flexibility with the goal of reaching an active fit (Pablos, Lytras, 2008). In the past, organizations and their top managers assumed the status of managing the most vital intellectual assets of an entity. Thus, they tried to bring in systems in which they could be in track of workers and their actions, which is handling and regulating the work force of an organization. However, as the world has evolved throughout the years and due to many reasons, managers have understood the workforce is also kind of a resource that is in common with other resources. As a result, they implemented the process of strategic management. Therefore, in conclusion this essay has expressed how strategy and planning are related to HRM, the relationship between strategic management and HR management and how strategic human resource management helps to develop the competitive advantage of firm. As proved above, practicing of these strategies would absolutely assist an organization in achieving their aims and objectives. Consequently, it is significant for HR management to change from being primarily administrative and operational to becoming a strategic contributor.

Are We Too Risk-Conscious These Days? Essay

In these times, this generation has evolved into a congregation of high-skilled individuals. The ability to decide on the best routes of life just at the perfect time has its way to change one’s life into a miracle! Henceforth, making the right choices is one of the fundamentals to living in this urbanized contemporary. Although some people tend to make deciding between important commitments and hobbies seem easy; the same number of people deem this as lifetime risks as they sometimes result to serious failure. In my perspective, I would not overlook the fact that choosing between one’s most favored interests should be a quick decision; but not considering the pros and cons in this matter thoroughly would bring a terrible outcome. The question is, is all of this too dangerous? Or, are we just too risk-conscious nowadays? From the eyes of many, risk-taking should be the necessity to achieve success while not taking any would be the biggest risk in one’s life. Taking risks is the action of sacrificing what one has for success knowing that failure will still persist, should it be the wrong choice made at the right time or vice versa. Risks are apparently essential for growth. Without having to grab risks in life, one is basically escaping from the challenges and adventures that one needs to face in order for a better understanding to take place. Without risks, one simply cannot learn, feel, change, grow, love and live. As ironic as it sounds, the greatest hazard is to risk nothing as I have mentioned before. Not having to risk anything for a change would be boring and one will continuously regret for not approaching the chance to act on. Life would be sadly monotonous too if there were not any risks taken in one’s life. Besides, there is no wrong in facing most of the bad first then only the good – without pain, one will gain nothing. On another note, risk actually offers one an opportunity to open up to one’s true talents, interests, abilities and dreams. Risks help one grow by setting a more realistic goal than an impossible dream; they help one discover new things about oneself and the world. Also, risks aids in evading the things that are yet to come, running away from risk is identical to running away from life. Risk is something that will benefit one in the future. One should know that it is alright to fail as it only makes one stronger to confront new obstacles. Risk-taking is something that none can escape in their lifetime. Why not just go on all out and do it?

New Article Reveals the Low Down on California Bar Essay Samples and Why You Must Take Action Today

New Article Reveals the Low Down on California Bar Essay Samples and Why You Must Take Action Today California Bar Essay Samples Fundamentals Explained When you're in high school, it's definite that you're expected to do a few write-ups and projects which require pen and paper. A shadow box is an excellent means to display larger dog-related items which won't match within a normal frame. Buy essays from us and you could always be sure of high-quality paper that could assure you quality grade. Any paper is going to be written on time for an affordable price. Most examinees appear to understand the value of doing practice MBEs. Many students seek scholarship so the financial facets of studying would be less of a burden in their opinion. It's possible to deviate from the regular student's calendar as you're not a common student anymore. Pick a timely or an intriguing topic. You're going to need to choose a topic first, but your topic needs to be something that has two conflict ing points or distinct conclusions. Reviewing some narrative essay examples will be able to help you to organize your information and help you decide how to compose each paragraph to acquire the best outcomes. If one paragraph appears to be weak, then the total caliber of your essay will be lacking. Every one of the body paragraphs of your writing is going to be filled with all the needed evidence and processed diligently! The New Fuss About California Bar Essay Samples Frequently a sample will be supplied. One of the greatest methods to get ready for the exam is to truly understand the material. Today, there are lots of on-line sites which provide sample papers. Each performance test includes two packets. It isn't as demanding as other varieties of academic papers, but nevertheless, it can provide you an overall insight on writing providing you with the fundamental skills of information gathering, creating an outline, and editing. That means you should still have some fu ll essays below your belt for each subject, before you get started cooking them, as there are subtle differences in the approach. You're not trying to draw folks to your side with emotions. It is crucial to know beforehand before you walk in the bar exam what your approach is going to be for each subject and topic. Public high schools have their very own fair share of issues and in the event the student isn't careful, they could wind up in an enormous mess. Make certain you realize the question and are clear of what you are being requested to do. Obviously, all the key issues and many sub-issues were therevery important. A great instance of a question a parent might be asked is the way the parent thinks their little one will add to the school. There are numerous essay writing services that think they're the very best, and therefore don't be cheated and check the genuine list of the very best. Short essays, as its name implies, ought to be concise and succinct. Try out this list of 100 topics to aid you in finding a topic. It is better to read through several narrative essay examples in order to get the one which best matches the format which you are writing your essay in. For instance, the price of a persuasive essay will differ from a proposal essay. Needless to say, there isn't any way to predict what is going to be tested on the essays or PTs. Such last-minute searching never becomes futile, which results in unfinished essay assignments and leads to a poor grade. There's several essays completed by them. The Fight Against California Bar Essay Samples Many people think that high school entrance essays are comparatively simpler to write than college entrance essays, that is the reason there are fewer places where you are able to get assistance with higher school entrance essays. Even dining with family and friends could result in a deconstruction of the full day which will serve simply to add tension and anxiety. High school students must compose essays on a number of topics which at first may appear to have nothing in common. Fully being a happy high school student wouldn't be possible without my family members. If you're looking for top essay writing companies, try out the mentioned above. Thus selecting an expert for doing your essays could be the best option. Pros of employing an affordable essay service Availability Everywhere on the web, you can get one or other essay services. Summary Hiring an inexpensive essay service may be right pick for students at one time crunch. Finding the Best California Bar Essay Samples There's no limit to the range of times you sometimes take the California bar exam aside from the simple fact there are only two administrations each year, one in February and one in July. The principal portion of a brief essay is known as the body. Eventually, you'll need to complete 200 MBEs in 1 day. As a consequence, you get an excellent deal of free time and completed homework.

George Washington s Farewell Address Essay - 1258 Words

Chase Williams US History to 1865 Dr. Lisa Crutchfield October 14, 2015 George Washington s Farewell Address, Primary Source Analysis George Washington’s Presidential Farewell Address consisted of three critical elements that were considered vital for the functional survival of the country that had just won its independence. On September 19, 1796, President Washington advised the nation to stand together as one united country, warned the people about the dangers of political parties and he established foundational reasons for the country to not become over involved in foreign affairs. These three principles set forth an understanding that was monumental for American society. Their level of importance serves as a near perfect reflection to both the Declaration of Independence and the United States Constitution as the building blocks to a great nation. Each of these three principles, even though they were not written as laws, went on as a tradition for this nation; each being clung to with the same level of importance and integrity as the Founders sought in the aforestated documents of freedom. George Washington’s belief in singular national unity was not just an abstract ideal built without fundamental understanding. It was a pragmatic understanding erected on a clear unifying belief, that in order to maintain a nation to build a singular belief in country; it needed a singular belief in purpose. In his Address, Washington stated: The unity of government whichShow MoreRelatedGeorge Washington s Farewell Address Essay1884 Words   |  8 Pages1796 that George Washington gave his â€Å"Farewell Address.† This profoundly important message is still read each year in the Senate. On September 19, 1796, US President George Washington published his Farewell Address to the nation of citizens. It was a thoroughly thoughtful analysis of our new nation, its needs for the future and his plans to decline to seek a third term as president. It was not delivered as a speech, but rather published in many newspapers and public venues. George Washington announcedRead MoreGeorge Washington s Farewell Address1996 Words   |  8 PagesIn George Washington s Farewell Address, Washington warns against the dangers of political factions by stating, â€Å"it occurs as matter of serious concern that any ground should have been furnished for characterizing parties by geographical discriminations, Northern and Southern, Atlantic and Western; whence designing men may endeavor to excite a belief that there is a real difference of local interests and views† (Washington). However, despite American leaders such as George Washington and James MadisonRead MoreGeorge Washington s Farewell Address1158 Words   |  5 Pagessupport in favor of George Washington. Since then there has never been an undisputed presidential ruling. It was also the only time where factions weren’t prevalent. In George Washington’s Farewell Address, he states that, the alternate domination of one party over another and coinciding effort s to exact revenge upon their opponents have led to horrible atrocities, and is itself a frightful tyranny. But this leads at length to a more formal and permanent repression. From Washington s perspective andRead MoreAnalysis Of George Washington s Farewell Address1009 Words   |  5 PagesProblem: In 1789 George Washington’s Farewell Address contained one major piece of advice to the county regarding relations with other nations: â€Å"avoid entangling alliances.† Those words shaped United States foreign policy for more than a century (Policy Making, American Government). Today some Americans think that Washington’s words are still wise ones, and that the United States (U.S.) should withdraw from world affairs whenever possible. In truth, however, the United States has been embroiledRead MoreAnalysis Of George Washington s Farewell Address954 Words   |  4 PagesThe document, George Washington, Farewell Address, was a letter written to the citizens of the United States of America. It allowed outgoing President Washington to give advice on how to maintain the nation after he was gone. He advised our politicians to act in good faith towards all nations and to make an effort to keep peace with other countries. He cautioned to remain connected to God, maintain high moral principles and to set a good example, one that is guided by a sense of justice and kindnessRead MoreGeorge Washington s Speech On Farewell Address831 Words   |  4 PagesAuthor: George Washington Title: Farewell Address a. Identify the document--what type of document is it (i.e. a letter, a newspaper article, etc.) and what year was it created? This document is a piece of George Washington’s final public address/speech as presidentRead MoreEconomic Prosperity : George Washington s Farewell Address1660 Words   |  7 PagesEsha Parikh Blanchard APUSH 2 16 January 2015 Economic Prosperity: 1898-1945: Prior to the 1890’s, the United States followed a foreign policy of seclusion to worldly matters. This idea stemming from George Washington’s Farewell Address to â€Å"avoid entangling alliances† became the foundation for American seclusion and detachment, a policy which resulted in this country being able to overcome tremendous internal difficulties facing the rising, fast-changing state of America. The Manifest Destiny enlargedRead MoreGeorge Washington Farewell Address Essay1663 Words   |  7 PagesGeorge Washington, a very famous man known as the first President of the United States of America, was born on the 22nd of February, 1732 in the colony of Bridges Creek, Virginia. (George Presidential Early Life sec.1 para.3) He was born into a wealthy, land-owning family and was a very political individual. Washington served as a Major in the Virginia militia and also fought in the French and Indian War from 1754 to 1763. In addition, Washington became a represen tative of the Virginia legislatureRead MoreThe Farewell Address Essay1422 Words   |  6 PagesGeorge Washington, a very famous man known as the first president of The United States of America was born on the 22nd of February in 1732 in Bridges Creek, a colony in Virginia. He was born into a wealthy, land-owning family and was a very political individual. George served as a major in the Virginia militia and also fought in the French and Indian War that occurred from 1754 to 1763. In addition, Washington became a representative of the Virginia Legislature where he was titled a commissionerRead MoreWashington s Farewell Address Analysis1375 Words   |  6 Pages Washington’s Farewell Address Analysis Jennifer Trammell GOVT 200 – C04 Instructor Barber Opening statement Washington’s Farewell Address The major document we will be analyzing in this paper is George Washington’s â€Å"Farewell Address†. This was a very important document of its time and in order to analyze it fully it would be helpful to know a little more insight on the writing of and the reason it was written. Who is George Washington? George Washington was born in 1732, he grew up