explain how a firm's human resources influence its performance
Performance management support
HR managers contribute in the increasing of the value of their firm by hiring the qualified staff, training them according to the needs of the firm as well as maintaining their safety and health. Also, they need to explain to the staff the compensation benefits that they expect in order to get motivated in their work.
Performance, in the context of organization, is not only a broad concept which has been used synonymously with productivity, efficiency, effectiveness and, more recently competitiveness, it has also been a subject of study for social scientists from a wide range of disciplinary perspectives. More recently, efforts have been made by human resource management (HRM) theorists to try to establish a causal link between HRM and performance. This has led to a growing number of studies which examine the potential contribution that good human resource policy can make to improving organizational performance. This paper is not concerned with the conceptual debate of HRM and performance. Rather, it explores whether adopting good HR practices to improve performance is a practicable approach to organizations in the UK.
They should be able to maintain situational awareness.
An hr department can perform performance evaluation of employees, and refer the results to the other departments. For example if the hr discovers that employees in a particular department have a low morale, this is referred to the underlying department.the hr can also help accounting department to budget labour costs.the hr is often responsible to train and integrate workers within the firm.
explain how a firm's human resources influence its performance
Contacting businesses similar to one's own can provide numerous amounts of critical information about the manor in which they conduct their goods and services. They may inform you of the firm they personally use, or instruct you on how to contact a retail industry hr consulting firm.
Performance management support
Ostroff (1995)
While you do not need to be skilled in software to work at an HR firm, some type of knowledge is key. You will need to have the basics down, so that you can be taught what specific programs you will need to become proficient in to be successful with the company.
selection, compensation, performance appraisal
add value to the consumption of the firm's product/service
HR managers contribute in the increasing of the value of their firm by hiring the qualified staff, training them according to the needs of the firm as well as maintaining their safety and health. Also, they need to explain to the staff the compensation benefits that they expect in order to get motivated in their work.
Critically; in a critical manner. (Critical; expressing or involving an analysis of a creative work or performance)
key performance area Thanks Suresh Kantamneni
Degraded System Performance