Human Resource Department
Final Project - HR
The essay is based on human resources department how significant it can be to any organization. To understand the topic well the essay intends to give a quick overview of the global business environment and then the strategic role played by human resource, here the essay will introduce the topic by first offering a short history of human resource and some of the key function of the department. To explain the strategic role of the HR department a case of crisis management comes very much in handy to explain this.
The third section of this essay spells out other functions of the department after which it introduces the concept of human resource development that encompasses the ideology learning organization as toll through which an organization can use to gain competitive advantage over its' rival.
Introduction
After a thorough study of human resource, this paper will relate to what was taught in class and experience and explore through research how to create a new HR department that's capable of carrying out business successfully to the very competitive 21st century. Through the function of human resource development bestowed on the department the essay will elaborate on how this can be exploited by the department to give a business competitive advantage over others.
The global business environment
According to the International Monetary Fund (IMF), global business environment exits when the business environment, which includes the economic, technological, social, cultural, political, tax, regulatory and legal environment of a particular country has their organizational decision making process being influenced by factors that are external to their own environment or country, these factors influence decision making on particular subjects like resource capabilities and use.
Thus any successful business organization operating in the global business environment can only record success in their business activity if they easily adapt to these external factors that influence the way they do business. And a firm that can adjust and design its' internal organizational structure in order to tap at the potential business opportunities being offered by the external environment, and while doing so it is also able to mitigate threats coming from the same environment, such a firm will ultimately record success in their venture.
The most notable determinants of global business environment include the political and economical environment. The political environment plays a very pivot role in determining how organizations in the business environment are going to operate this is through the various laws, policies and regulation that they implement to govern the way businesses are to be conducted. The economic environment on the other hand will determine how conducive the business climate is and if favorable it will be able to attract a lot of other investment into the country.
The technological environment is also another important determinant to the business environment as it will consists of factors that are relating to machines and materials that are used in production of goods and services. This would influence the decision making process in terms of how consumer and the business organization adopt to these new technological advancement.
Referring to a recent survey conducted by synovate international on top business executives whom they were asked to name the trends that they largely consider will affect the global business environment in the years ahead they cited top three as the increasing number of global consumers in developing countries, the ease of developing knowledge and the easy accessibility of information and change in business activities within and between different counties. Other trends that will affect the global business environment include; change in structure or adaptation of new corporate organization models, advanced technological innovations that has changed the way business interact and communicate with surrounding society as a whole. On the question of what factors largely propel the changes being witnessed in the global business environment they pointed out that innovation and creativity in consumer service, product and business models as the main driving force followed by developing knowledge, easy accessibility of getting information and the increase in activism and awareness by the consumers themselves. The other important factor to note about this research carried out is that all the business executives were in agreement that global business environment has become very competitive more than it was five years ago.
The global business environment according to Noe, Hollenbeck, Gerhart, & Wright (2009, 235-289), in their book is largely dependent upon the human resources, which are the driving force in charge of global business environment. The research conducted in this essay...
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