Madiha Baqai Mid Paper
Madiha Baqai Mid Paper
Madiha Baqai Mid Paper
BBAH
HUMAN RESOURCE THEORY & PRACTICE
QUESTION NO: 1
Answer:
HR Department can greatly impact strategy formulation and
implementation of an organization.
Explanation:
HRM is in a rare position to have strategic analysis that can help with policy
development. HRM has highlighted impact in strategy formulation HRM will
provide information about advanced compensation plans used by rivals, employee
sentiment survey results, elicit information about consumer complaints, details
about proposed regulations, and so on. HR skills are a driving force behind strategy
growth. HRM ensures that the corporation has a capable and willing staff to carry
out its plans. It's important to note that successfully connecting strategy and HRM
takes more than picking from a list of options. The task at hand is to devise a
collection of HR practice options that will aid in the implementation of the
organization's policy and increase its competitiveness.
Example:
Cadbury is a chocolate manufacturer this company gives priority to its
employees, West London borough of Uxbridge – Cadbury is an expert in the field
of human resources. They value not just their colleagues but also their friends,
putting people first. As the world's second-largest confectioner, this is mirrored in
their growth. Cadbury was founded in 1824 and included a worker village as well
as research and development facilities. The village included a home for employees
and their children, as well as a place to serve. Their employees come first, and
they've created a supportive work environment that makes for a healthy work-life
balance which is very important for any organization for productions of units this
organization is known for providing unwavering assistance to its workers, and as a
result, they have a devoted and committed staff. HR's strategies and objectives are
perfectly aligned with the company's strategic goals. To achieve the company's
long-term objectives, they work together.
Question no : 2
Answer: difference
Personnel Management: Human Resource Management
Approach:
Traditional Modern
Treatment of manpower:
Machines or Tools Asset
Basis of Pay:
Job Evaluation Performance Evaluation
How can the HR Dept. ‘maximize ROI’ for the company? Explain with
example.
Explanation :
For companies that consider employees their most valuable assets,
human resources has extreme value. In the most general sense, HR
motivates workers to perform at the highest level possible and maintain
an organizational culture of high morale. In the early 21st century,
strategic HR has emerged as a prominent view of the role this functional
area plays in building and developing a strong organization