Human Resource Management Assignment 1 Essay Example | Topics and Well Written Essays - 2500 words

Human Resource Management Assignment 1 - Essay ExampleThe emphasis is on doing right things at the right time instead of the earlier concept of sweating it break at the piece of work without considering whether an effort is channelized in the right direction so that overall corporate final stage is achieved at minimum effort. This glide path is also known as Hard HRM where compassionate vision is considered as an some other resource that has to be acquired at lowest expense, used sparingly and trained in such a manner that they become maximum productive (Daily News (Colombo, Sri Lanka), 2011). Answer 3 The first paradox with soft approach to human resource oversight is that it is rather difficult to quantify the tenets of such an approach as all the aspects are more descriptive rather than quantitative. The second trouble is it does not certify the exact actions that need to be taken to achieve the stated objectives thus managers tend to get lost about the desired course of action. The third problem is that this model by excessively adopting a collectivised approach dilutes the basic decision making activity of management which might result in dismission of direction and chaos in an organization. The first problem with hard approach to human resource management is that it is not concerned with the societal and psychological issues of human resource. This results in a strictly regimented workplace where employees do as they are told which thwarts innovativeness and imagination among employees. The second problem is that if such an approach is adopted in a knowledge based organization it would surely face increased labor turnover. The third problem is organizations adopting hard approach are seldom able to adapt to a rapidly changing securities industry which has become the trend in modern daylights (Bratton & Gold, 2001). Answer 4 In modern day cutthroat competition in marketplace it is imperative for every organization to have an effective huma n resource management policy in place to continually stave off competitors while retaining address sensitive and efficient operations. HRM plays a significant role in this effort of an organization by extracting the outmatch out of employees. It must be admitted that human resource happens to be costliest asset of every organization as human resource is capable of not only self improvement and development but is also gifted with innovative capabilities, and, who can deny that in present day market scenario where every other competitor has nearly similar access to resources, innovation is the only way to stay ahead. This also raises other very important issue. An effectively administered human resource management policy reduces conflicts in workplace and builds up an ambience of harmony that is again conducive to fostering commitment by workers to their workplace. Such a attached team of workers can be motivated without much effort on the part of the human resource managers. And, a motivated workforce goes out of their way to ensure that the organization they love, adore and are royal to be a part of becomes a market leader (Chung, Jung, Baek, & Lee, 2008). Answer 5 The biggest impact of