HRM - A study on Models, Issues and Challenges faced

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HRM – A study on Models,

Issues and Challenges faced

Managing Organizations & People

Southbank University

 

TABLE OF CONTENTS

Sr. No        Title                                                                Page No.

  1.         Introduction                                                                1

        

2.                  Model 1: Risk Management                                        2

3.                Model 2: HR-Information System                                6

4.                Model 3: Cross – Culture Management                        10

5.                Model 4: The matching model of HRM                        14

                       

6.                Challenges faced by Managers                                        18

7.                Conclusion                                                                20

8.                References                                                                21

9.                  Bibliography                                                        22

1.Introduction

The term human resources is variously defined in  and , where it was traditionally called , one of three . Its use within  continues to define common conceptions of the term. Human resources are uniquely important to sustained business success and this philosophy of people management is based on this belief. An organization gains competitive advantage by using its people effectively, drawing on their expertise and creativity to meet clearly defined objective. HRM is aimed at recruiting capable, flexible and committed people, managing and rewarding their performance and developing key competencies.

The behavior exhibited by PRISM is, a single ray of light passes through the prism and deviates in to many different colors. It is the case with today’s managers in the organizations. Their perception sees the single light of HRM into as many different colors. For instance the managers look HRM as Strategy, Style, and Outcome. HRM as resource based model, HRM as a restatement of existing personnel practice and HRM as strategic and international practice.

        Style, Strategy &

                                                                                                                     Outcome

        Resource Based

                Model

 Manager’s View

        Restatement of

        Existing personnel

        Practice.

        Strategic &

                                                                                                          International practice

1.1 Prism illustrating different facet of HRM seen by a manager

HRM owes a great deal to the different Models. Now we can analyze some of the models with its advantage, disadvantage, strength and weakness and try to associate it with different organization in today’s scenario.

Model 1: Risk Management

        

                               5

                          Audit

                            &

                         Review

           Assess Compliance

                       Periodically

                            4

          Measure Performance

                                 Active (before Things go wrong)

                

Model extracted: (Kelvin Cheatle, Mastering Human Resource Management, 1999, Mcmillan publication, Chapter 12, page number 208, exhibit number, 12.1)

Explanation of Model 1:

The term “risk” is literally defined as the possibility of meeting danger or suffering harm or loss, or exposure to harm or loss. When defining risk it is important to understand that there are three interrelated concepts that are used in determining risk; the probability that an event may occur, a harmful or undesirable consequence related to the event, the severity of the potential harm of the event.

The above-illustrated model of risk management has an advantage and disadvantage to an extent. The model is appropriate and according to me it’s the basic requirement in every organization and industry to day to follow such a model for managing risk in their respective industries.

The above model clearly depicts that foremost the company should set certain policies for organizing risk management in their organizations. Policies such as occupational and health safety policy, the main objective of this policy is to ensure protecting health and safety of every employee in the organization. The other policy is the worker participation policy; which ensures that workers and their safety and health representatives are consulted, informed and trained on all aspects of risk management in the organization, including emergency arrangements, associated with their work.

The second step in the model is organizing the policies and taking it into considerations. Taking policies into responsibility and accountability can do it. The employer and the senior management should allocate responsibility, accountability and authority for the development, implementation and performance of the risk managements system and the achievements of the relative health and safety objectives.  According to me the structure and processes should be established which ensure that the risk management of the organization is a line management responsibility, which is known and accepted at all the levels, promote cooperation and communication among members of the organization, including workers and their representatives, to implement the elements of the organizations risk management systems.

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Also the employer should define the organization risk management competence requirements and arrangements established and maintained to ensure that all the persons are competent to carry out the safety and health aspects of their duties and responsibilities.

The nest step is how efficiently the organization plans and implements the set objectives and system planning. The purpose of the planning should be to create an organization risk management system that supports: as the minimum, compliance with national laws and regulations; the selection of measurement criteria for confirming that the objectives are achieved and the provision of adequate resources, including human ...

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