Strategic HRM - 2481 Words

HUMAN RESOURCE MANAGEMENT (HRMT 387): ASSIGNMENT 3 Submitted by: Jenn Derrick Write about 1000 words to answer this question. Do you agree that Strategic HRM is crucially interested in HRD and employee participation? In your answer, discuss the problems and tensions embedded within HRD and employee participation. I believe that an organizations best competitive advantage is their people, and Human Resources Development (HRD) and employee participation is critical component of an organizations Strategic Human Resource Management. A culture that supports learning can make a world of difference, especially if senior managers and employees are committed to HRD. There are key issues that make training and learning more effective such as†¦show more content†¦This can hinder HRD as it puts pressure on Human Resources to show the value of the workplace learning to the organization by measuring ROI, therefore if the benefits cannot be measured, the organization will not be willing to invest. For example, if I were to push for HRD as part of the Strategic HRM in my organization, the first thing I would be asked to do by my CEO and the Board of Directors would be to show them how it will benefit the organization. It may be difficult to predict what benefits investing in employees by providing w orkplace learning other than by measuring the impact on succession planning down the road. We can invest in training for employees now, to prepare them for future roles in the organization as we forecast retirements. There is also the endogeneity problem which means that instead of HRD being the cause of an improvement in production and profitability, it may be that firms that are more productive and profitable do more HRD. Part of the problem is that there needs to be a link between skills and organizational performance. Organizational politics may interfere with decisions on training needs and employee relations may also interfere with HRD. The idea of a learning organization may be difficult to implement as employees may be fearful of or resist change. The organizations culture may give little consideration for training and not see the link between HRD and organizational strategy. Smaller companies or companies that areShow MoreRelatedStrategic Hrm2310 Words   |  10 Pages2011On-campus workshop activities and self study | Topic 2; Week 3: A strategic approach to HRM; The Context of HRM (cont’d); HR Planning. Theme to consider: What is strategically managing human resources? How do we distinguish it from ‘plain HR’? Major topics * Defining strategic HRM * Strategic alignment * SHRM and business strategy * SHRM model * HR policies * The Context of HRM (refer the notes below under Attachments) * The global Context/AustralianRead MoreStrategic Approach to Hrm2099 Words   |  9 PagesResource Management (HRM). HRM has changed over the time. HRM has been an issue in academic literature or organizational context. 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