Audit Rotation: Pros and Cons
Abstract
The subject of this assignment revolves around first, concise analysis of a case study titled “Strategic HRM at Mayo Clinic”. In this section (A), requires an understanding of strategic human resource management, through analyzing the extent to which the organization culture, business strategy and management approach in the case study display features of strategic human resource management. The second section (B) of the assignment is concerned with the notion that employees are a source of competitive advantage in the context of strategic human resources management. I have linked the theoretical Knowledge I have on competitive advantage to the real world, through explaining the reasoning behind the notion. In addition, I shed light on the importance of strategic human resource management in an organization
Introduction
This assignment is aimed at highlighting the impact of human resource strategies on achieving organizations objectives. It focuses on Team building, recruitment and selection, organizational culture, business and organizational strategies and human capital as a source of competitive advantage. Human capital is one of the firm’s intangible assets; it is basically all of the competencies of the people within an organization. These competencies are various skills, education, experience, potential and capacity. It is believed that if the company knows how its human capital contributes to its success, it than can be measured and managed effectively.
1. Human resource (HR) strategy is aligning the goals of HR to the goals or strategy of your organization (plaaaaaaaa). In developing a strategy two critical questions must be addressed. 1) What kinds of people do you need to manage and run your business to meet your strategic business objectives? 2) What people programs and initiatives must be designed and implemented to attract, develop and retain staff to compete effectively?
In order to answer these questions four key dimensions of
The subject of this assignment revolves around first, concise analysis of a case study titled “Strategic HRM at Mayo Clinic”. In this section (A), requires an understanding of strategic human resource management, through analyzing the extent to which the organization culture, business strategy and management approach in the case study display features of strategic human resource management. The second section (B) of the assignment is concerned with the notion that employees are a source of competitive advantage in the context of strategic human resources management. I have linked the theoretical Knowledge I have on competitive advantage to the real world, through explaining the reasoning behind the notion. In addition, I shed light on the importance of strategic human resource management in an organization
Introduction
This assignment is aimed at highlighting the impact of human resource strategies on achieving organizations objectives. It focuses on Team building, recruitment and selection, organizational culture, business and organizational strategies and human capital as a source of competitive advantage. Human capital is one of the firm’s intangible assets; it is basically all of the competencies of the people within an organization. These competencies are various skills, education, experience, potential and capacity. It is believed that if the company knows how its human capital contributes to its success, it than can be measured and managed effectively.
1. Human resource (HR) strategy is aligning the goals of HR to the goals or strategy of your organization (plaaaaaaaa). In developing a strategy two critical questions must be addressed. 1) What kinds of people do you need to manage and run your business to meet your strategic business objectives? 2) What people programs and initiatives must be designed and implemented to attract, develop and retain staff to compete effectively?
In order to answer these questions four key dimensions of
References: Boxall, P. 1992 “The challenge of HRM, Directions and Debates in New Zealand”, Longman Paul Ehmke, C, 2004, “strategies for competitive advantage” Viewed 26/04/12 http://www.ag.arizona.edu/arec/wemc/nichemarket Tsui, A.S., Mejia-Gomez,L.R, 1988, “evaluating Human Resource Effectiveness”,BNA books Washington D.C Jassim, R.K ,1998 “Competitive edvantage through the employees” Research paper, University of Auckland New Zealand. Hill,CWL 2007, International Business Competing in the Global Marketplace, McGrawHill/Irwin, New York, viewed 26 April 2012, http:www.books.google.com.zm/books/about/international_business.html?id=23FDPgAACAAJ&redir_esc=y