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human recource objectives, Internal and external influences on human…
human recource objectives
Employee engagement and involvement
This refers to the extent to which employees can have a say in decisions that affect their working lives
If employees are more engaged, they are more motivated to work, and labor productivity increases. Motivated employees are more punctual and less likely to quit.
Talent development
This is about developing people who have the potential to make a significant contribution to the success of the business. It is a business strategy that can help companies maintain their high output, which means they will be more competitive and more profitable.
Training
Training is the process by which employees acquire skills and knowledge for the job. It can also help companies make workers more productive. Training also contributes to improving quality levels and health and safety in the workplace.
Diversity
Diversity in the workplace allows employees to see themselves as unique individuals and integrate more smoothly into the company. With the globalization of business development, more diverse employees can identify market trends on behalf of their customer groups to gain a competitive advantage.
Number of skills and location of employees
The purpose of employee deployment is to ensure that employees are available at any given time. If an employee gets sick, it may mean they need to use temporary staff to ensure the safety of residents and other employees whose shifts are fully covered.
Internal and external influences on human resource
external
Technology
Advances in technology and digital technology mean that more employees are now able to work from home than ever before
This reduces the amount of office space needed, helps employees achieve a better work-life balance, and reduces unnecessary traffic on the road
Ethics
A company's CSR or CSR stance can have a huge impact on human resource management goals in terms of wages and working conditions
If companies choose ethics in their HRM policies, they can use it to achieve competitive advantage, differentiation and enhance their corporate reputation
Labour market
Labor market refers to the balance between the supply and demand of labor. A firm's flexibility lies in its ability to hire and fire workers according to demand and to allocate and employ its workforce most efficiently.
internal
Link to other functions
New event human resources management may require the recruitment of promotional personnel. To increase production, human resources management may need to hire more factory workers
Business growth
If the size of the business grows, say through a merger or acquisition, this will have a knock-on effect on human resource management goals, as there may be some necessary redundancy of staff
Trading internationally
If a business is going to enter emerging markets, it will need the right level of diversity to ensure success in these new markets
It may also require staff who speak a different language or understand the cultural practices of a new market
New product development
If an enterprise develops a new product or service, it may need employees with new skills to help it produce, so that it can meet customers' needs more quickly and make profits.
Management approaches
The type of management approach will affect human resource management goals, as it will determine the skill level and type of employees to be recruited.