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Human Resource - Coggle Diagram
Human Resource
Objectives
Training
Training is for employees to acquire skills and knowledge related to their work. It can improve the productivity of workers and the quality level, health and safety of the workplace
Diversity
All employees are unique individuals, creating an inclusive environment and gaining a competitive advantage over competitors.
Talent development
The development of star employees will help enterprises maintain high performance, and enterprises will be more competitive and profitable
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influence
Internal
Trading internationally
If an enterprise intends to enter an emerging market, it needs an appropriate level of diversity and employees who have different languages or understand the cultural uniqueness of the new market.
New product development
If an enterprise develops new products or services, employees with new skills may be needed to help the enterprise succeed in the new enterprise.
Business growth
If the business grows organically, it may consider opening new branches. The enterprise intends to achieve unorganized growth through mergers or acquisitions, which may produce some necessary staff redundancy
Management approaches
The type of management method will affect the human resource management objectives, as it will determine the skill level of the employees to be recruited
Link to other functions
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Production increase, HRM may need to hire more factory staff
External
Labour market
The labor market is that the availability of labor supply matches the quantity of available work demand. Enterprises recruit or dismiss employees to meet demand and allocate labor force.
Technology
Advances in technology and digital technology allow more employees to work from home, which reduces office space and unnecessary transportation and expenses on the road.
Ethics
If enterprises abide by ethics in human resource management, they can use this to achieve competitive advantage, differentiation and improve enterprise reputation