HR Management help in: SHRM in organization & its challenges

Introduction

SHRM is defined as linkage of human resources with strategic objectives in order to enhance the performance of the business. The modern aspect of HRM helps companies in the formulation of core competency and strategies which helps companies to differentiate themselves against competitors in a global environment. The various challenges have also been discussed such as increased global competition and worklife balance which made the strategic HRM more important to business success than ever before. To get success in the international marketplace, the challenge for all businesses is to identify international business cultural differences and spend in individual resources. The various advantages of SHRM have also been mentioned to show that how SHRM deals with various issues. The implementation of practices of SHRM provides coordination and integration of the company performance and concentrating on the coordination of human resources with the company strategy as a purpose of formulating cut throat advantage.

SHRM

SHRM is defined as the connecting of individual resources with strategic objectives in order to enhance the performance of the business and build organization culture which creates modernization and cut throat advantage. It is observed that in the company SHRM is accepted as a planned partner in the execution of HR strategies for the company such as selection, recruitment, training and development. The SHRM concentrates on programs of human resource for objectives of long term. The main focus of SHRM is to solve and address the problems that affect the programs of people management in the period of long run and globally (Husain, 2010)

The objective of SHRM is to enhance the productivity of employees by concentrating on obstacles of the business that takes place outside of individual resources. The main actions of a SHRM manager are to investigate areas of HR where strategies and policies can be used in the period of long term to enhance the motivation and output of employees (Schuler, 1992)

Trends in SHRM

It is observed that nowadays professionals of HRM are faced with the problems of participation of employees, flow of human resource, management performance, systems and structures of reward and great dedicated working environment in context of global environment. Besides this, there are some other issues that SHRM manager is dealing with such as globalization of market coordination, increased competition, quick changes in technology, latest concepts for general management, continually changing ownership, issues of cross culture and the financial gravity is changing according to developing countries. Some of the contemporary challenges faced by SHRM like alignment of HR strategy with business strategy, demographic changes on employment and knowledge management (Schuler, 1992)

It can be observed that the area of HRM is becoming more tactical and global which becomes critical for the company. Nowadays it is observed that companies are doing so many things in order to make their supervision and management of human resources as valuable as possible. Several things have been noticed how companies have managed their management of human resources effectively such as 1) the functions that the department and professional of HR have conventionally played are varying substantially 2) the skills required for the professionals of HR are required to perform these new functions are also varying quickly with remarkable implications for the recent HR leader.3)The professionals of HR are functioning closely, in agreement with employees, stakeholders and council of trade unions, strategic followers and followers of society organizations in order to become more efficient in integrating the human resource of the company4) the composition of the HR function and division are being modified to serve the different stakeholders to prepare the administration of individual and the company more efficient(Beer  & Specter, 1985)

HRM issues due to global market

It is observed that the 21 century poses various HRM challenges to business of the company especially those working across multinational and global enterprise. Competing in international markets involves many reasons and coordination of practices of HRM is surely important in order to enhance global competitiveness & authorize employees for international assignments. To get accomplishment in international marketplace, the challenge for all businesses is to recognize international business cultural differences and spend in individual resources. There are some HRM issues that are specific for the international enterprise. The issues engage recruitment policies and procedures hiring and retaining existing employee, induction and employee development at the same time motivating employees to be original and creative, culture norms, and legal structure. Others issues engage such as to understand the challenges of working in overseas, performance management appraisal, induction and employee development, remuneration packages, and relations with trade union.

 SHRM as a response in order to face challenges of globalization

It is observed that the world has gone under a spectacular change during the last previous years the globalization and changes in technology have seriously changed the environment of the business. Companies were obligated to react in the tactical manner in order to continue and progress. SHRM engages a group of internally reliable policies and procedures to ensure that the company human capital will provide contribution in the accomplishment of its business goals. SHRM is mainly about incorporation and adaptation (Husain, 2010)

It is observed that the management of human resource is completely coordinated with the plan and tactical wants of the company.

It is observed that the policies and procedures of HR manage both policy areas and hierarchies

It is observed that practices of HR are accepted and implemented by employees and staff managers.

It is analyzed that practices of HR are practical and long term in nature which sees human resources as investment not an expenses. The use of practices of SHRM provides coordination and integration of the company performance and concentrating on the arrangement of human resources with the company strategy as a purpose of creating cut throat advantage.

It can be analyzed that the function of human resource faced various challenges throughout the process of globalization which includes creation of international mindset within the group of HR, creation of practices that shall be continuously applied in distinct locations and offices, creation of continuous corporate culture throughout the entire company. In order to face these challenges, companies are required to consider the functions of HR as strategic business not as administrative service.

 Work place challenges

It is observed that nowadays in organizations, the challenge of balancing of work life becomes increasingly important. In recent time, HR professional and executive seek various options to definitely impact the profit and bottom line of its company, develop and improve the morale of employees, retain existing employees with adequate knowledge of  company and maintain to cope with trends of workplace. There are three factors which influence the work life balance of employees such as international and global competition, personal and family values and an elder workforce. SHRM help companies in order to overcome these work life balance issues for securing a cut throat advantage in the business environment (Beer& Specter, 1985)

There are various advantages of SHRM which help companies in order to overcome global challenges and balancing of work life.

SHRM helps in facilitation of   high excellence workforce by concentrating on skills and groups of people.

SHRM helps in utilization of cost effective labor generally in service industry.

SHRM help companies in execution of environmental ambiguity and adaptation of the company to external factors.

The successful efforts of SHRM start with classification of tactical and strategic needs..

The department of SHRM has impact on efforts of organization in order to begin with strategic initiatives. SHRM is dependant on organized and logical mindset.

It is observed that the SHRM help companies in reduction of attrition rate and plays the significant task of encouraging employees.

Another important aspect of SHRM is development of employees. SHRM helps companies when they begin with the process of recruitment and selection. In general enhanced techniques of interview help companies in elimination of the employee which may not a superior match for them.

It can be seen that the aspect of SHRM help companies in dealing with various issues such as Building of core competency – Different and unique capabilities in the company which provides high excellence and differentiates the company from its competitors. Strategy-the plan of the company how to manage its weaknesses with opportunities in order to gain a cut throat advantage (Beer& Specter, 1985)

Conclusion

The major challenges of profitability, work-life balance and increased global competition have made the strategic HRM more important to business success than ever before .It is already discussed the modern aspect of HRM help companies in formation of core competency and it help companies in the formulation of unique and distinct capabilities and formulation of strategies which help companies how to manage their weaknesses with opportunities available outside. The various challenges have been faced by the organization such as increased global competition and work life balance. The modern aspect of HRM helps companies in order to face global competition with the help of various plans and strategies at the same time SHRM help companies in maintaining the work life balance with proper facilitation of high excellence workforce.

 If you want HR management Assignment Help study samples to help you write professional custom essay’s and essay writing help.

Receive assured help from our talented and expert writers! Did you buy assignment and assignment writing services from our experts in a very affordable price.

To get more information, please contact us or visit www.myassignmenthelp.Com