HR Resources and Objectives

Question 1

HR and its management importance

Answer 1

crucial to a business success

management involves the setting of objectives in the same way that other functional areas of the business require them

Question 2

setting clear objectives

Answer 2

necessary because the people element is an element to every functional area to the business and what its trying to achieve

they need to be governed by the business’ overall objectives

without these clear objectives, managers are likely to find themselves with a lack of employees with the right skills to carry out the work - increased overtime working

• using agency staff
• work might not get done at all

Question 3

people importance

Answer 3

as the most valuable asset

without the right people being properly trained and motivated then work is not performed effectively and stops progress towards achieving objectives

Question 4

failure to set objectives

Answer 4

could mean a breach of the law (parental leave for both birth parents when a baby is born)

• bad reputation
• financial cost
• opportunity cost if they had complied i.e. more attracted to work for them

Question 5

managers adopting a clear strategy for HR management

Answer 5

important as the business environment is DYNAMIC and changes constantly
- takes into account INTERNAL and EXTERNAL environment of the business

allows for overall objectives to be more easily achieves
allows for change to be better managed and implemented

Question 6

meeting the needs of the business

Answer 6

workforce needs to be effective and efficient
= need for workers to have appropriate skill level
= need for correct number of employees
^^^^^^^^^ AFFECT UPON STAKEHOLDERS

• workers need to fit the needs of the particular business
• ensuring the right staff are employed in your business is VITAL TO AVOID HIGH LABOUR TURNOVER as well as meeting customer needs