As time went by, fast changing technological development necessitated new skill development and training to existing and new employees. Human relations approach recognized people as the most valuable source in any organisation. Presently, all these aspects viz recruitment, selection, placement and labour welfare etc. Keeping the foregoing in view, it can be concluded that human resource management has replaced the traditional concept of Labour Welfare and Personnel Management.
In any enterprise all managerial functions are performed by individuals. No enterprise can function and achieve its objectives in the absence of efficient and competent employees.
Committed, honest, determined and loyal employees are required not only for the growth but also for the survival of organisation. However some organisations put stress on team working while others focus more on individual work activities, Brooks, The impact of globalisation has increased diversity within the workforce and the development of new technology requires a more effective model of team working for the company.
Additionally with the aim of creating innovations in new technological based economies companies have also begun to concentrate on Individualism in order to encourage creativity within employees, Nonaka, However this style in terms of organisational behaviour largely depends on the cultural context within which an organisation is situated. Tenrose as a traditional UK manufacturer is characterised by high-dependent relationship among its employees both within subsidiaries as well as between different organisations.
The success of Japanese companies who exploited team working in order to create competitive advantage has had an important influence on strategic HR management activities in UK companies.
This is because group work is defined as a security and protection of collective work, Brooks, In this way efficiencies are able to be created by team working and the sharing of information and knowledge.
For example individual performance which is based on financial rewards can be improved through cooperation with team members. Additionally team working can be a basis for improved efficiency in production systems especially when difficulties related to the adoption of new technology occur.
Here team support will help the production line solve problems effectively and quickly. Advantages of team working in Tenrose are also linked with the radical organisational changes in that learning is a key element in building a new corporate culture. In general national VET and training in the UK has failed to deliver the skills base which companies require to gain competitive advantages, Stewart, Particularly, this problem appears to be more serious due to globalisation and new technological developments which require effectively trained human resource capital.
This is the case in the textile manufacturing industry in that Tenrose as a traditional manufacturer made only a limited effort in relation to training and relied instead on the passing on of skills from old staff to new employees in an informal manner.
In addition, unlike Japanese managers, UK managers do not view investing in vocational training as a good policy due to the uncertainty of recovering costs with the mobility of workers from job to job in different organisations.
Research has demonstrated that the development and training of employees contributes to effective production performance at lower costs with increased successful employee retention and motivational levels also resulting, Beardwell, Holden and Claydon, From this perspective the most important HR issue facing managers in modern business is with developing effective strategies in response to competition in the marketplace.
As a result the key action taken by Tenrose as a textile manufacturer was highly related to cost reductions in terms of material purchasing, production processes, delivery logistics as well as factors in its human resource functions.
From an organisational point of view education mainly signifies the training and development of employees in helping to achieve economic objectives, Mullins, However the national education system to some extent determines the general skill level and also perhaps people's awareness of on-job training.
The UK government recently proposed a significant re-focusing on the development of the national education system in seeking to provide a solid skills base for companies to create competitive advantages in the new global environment. Individualised learning among employees and its impact on organisational learning is particularly important. This is because organisations learn from individuals within the context of individual learning.
Hence the capabilities of organisational learning are directly and indirectly affected by individual learning. Based on this a corporate objective of organisational learning is vital.
More importantly the manner of organisational learning is largely related to the corporate culture and leadership style of the organisation. Social scientists argue that in order to promote learning it is vital to reduce organisational routines that pose a barrier to actionable learning, Argyris, Cyert and March claim that organisational learning is concerned with sharing and adaptive learning, Neilson, This suggests that team work can be extremely effective during the learning process through benefits flowing from sharing and communicating of information between team members.
This series of theories detail action oriented forms of learning in terms of creating, acquiring and creating knowledge flows. It is also suggested that organization learning is closely linked to creating and maintaining an organisation's competitive advantages.
Role in Economic Development. By the term human resources we mean the size of population of a country along-with its efficiency, educational qualities, productivity, organisational abilities and farsightedness. By human resource we mean human capital.
Human capital implies the abilities, skills and technical knowhow among the population of the country. A country should introduce manpower planning for the development of its human resources. Human resources must be considered both from the angle of assets as well as the liabilities connected with the attainment of economic development. For the attainment of economic development, proper utilisation of both natural as well as human resources is very much essential.
Proper utilisation of natural endowments and the level of production of national wealth depend very much on the extent and efficiency of human resources.
But too much population will again eat up all the fruits of development. Thus from the point of view of economic welfare, it is quite essential to study human resources in detail. It should be equally stressed that human beings are the vital instrument of production and at the same time, fruits of all economic activities are rested on the betterment of conditions of living of human beings.
Thus in view of its importance, it is quite essential to know both in quantitative and qualitative terms, the size, rate of growth, the composition, distribution and all other demographic features of population of India.
Human resources are considered important type of resources for attaining economic development of a country. Among various types of resources, human resources are the most active type of resources. Qualitative and quantitative development of human resources is very much required for the proper utilisation of natural resources of the country. Thus the human capital formation according to Prof.
Human capital has been playing an important role in the economic development of a country.
Database of FREE human resources essays - We have thousands of free essays across a wide range of subject areas. Sample human resources essays!
- Human Resource Management Effective human resource management is undoubtedly critical to the success of virtually all firms. Thus its importance is huge in the study of business strategy; which is .
Essay # 1. Meaning of Human Resources: By the term human resources we mean the size of population of a country along-with its efficiency, educational qualities, productivity, organisational abilities and farsightedness. By human resource we mean human capital. Database of FREE human resources essays - We have thousands of free essays across a wide range of subject areas. Sample human resources essays! | Page 2.
Human Resource Management Essay HRM Strategy and Organisational Change. With the pressures of intensive competitive forces throughout the textiles manufacturing industry radical organisational changes need to be confronted and adopted by Tenrose. This free Management essay on Essay: Human resources is perfect for Management students to use as an example.