Reflective Paper (BUS 303) Essay Example | Topics and Well Written Essays - 2000 words

Reflective Paper (BUS 303) - Essay Example The work of HRM is therefore, to oversee that employees have the resources and determination to work towards the organizational goals. HRM deals with a wide range of interrelated activities but they are all geared towards creating performance through people. It is important to understand how the various aspects of HRM work together to assist employees in achieving organizational goals, clarify new areas of human resource, and understand future implications of HRM in a specific company (Randhawa, 2007). In the continually changing area of business, through competition, product changes and increased globalization, it is necessary for organizations to realize ways to achieve a competitive edge. According to (Melkonyan, 2013), the human resource (HR) of an organization is crucial in assisting employees grow and develop their skills. Employees are the most important aspect of a business with the potential to enable a business achieve, competitive edge over the others. The HRM is necessary in ensuring that Equal Employment Opportunities (EEO) laws are followed to eliminate discrimination in employment. The HR within the organization has the mandate to ensure that jobs are advertised with required job description and expectations so that people apply for the position. HRM then influences organizational performance by ensuring that qualified, skilled, educated and talented staff members join the company. When employees with the necessary skills are recruited it is evident that the organization gets to enhance its performance in a bid to accomplish the organizational goals and objectives. For instance, Lufthansa Company has a vigorous employee selection process that involves sending a resume, taking an online test, a telephone interview, and then an oral interview. The candidate also has to undergo analytical thinking, vocabulary, arithmetic, and behavior specific tests depending on job position. In this regard, a thorough selection process ensures that an all-round can didate is chosen for the job (Randhawa, 2007). Human Resource Development (HRD) is another important aspect of HRM functions to nurture employees in their various areas of work. This is a strategy that involves offering employees’ enhanced training and development programs that enhance their level of work. The whole idea is to invest in training and workforce growth to generate beneficial results. For instance, the field of technology is constantly changing and therefore, employee need to be brought up to date with current technological advancements as a way of giving the organization a competitive edge. HRD is a concept that ensures employees get opportunities in areas of training, mentorship, career growth, performance management, succession preparation, coaching, and overall organization development (Youssef, 2012). The HRM also encourages employees’ performance through effective compensation and rewards programs. For instance, when there are changes to pay and prom otion in the workplace, employees are motivated to enhance their responsibilities to be considered for such incentives. It is important for incentives and compensation to be offered equally and with fairness because discrimination can easily reduce employee morale. The other important aspect of HRM is recognizing efforts among employees and rewarding them for their work. Employees not only require good salary and rewards,