Hourseco- strategic Human Resource Management Essay

Hourseco- strategic Human Resource Management - Essay Example n an integrated manner through building the strong contractual relationship between the manpower of the organisation and the organisational system rather than focusing on strategies itself (Walonick, 2014). The traditional organisations were mostly causal and goal orientated, where various conventional models were adopted with the aim of delegating workers with the assigned job instructions and managers were engaged in planning the organisational goals (University of North Florida, 2014; Krebs, 2007). The growing innovation in the field of technology has been recognised to influence the behaviour of individuals associated with an organisation. Globalisation and technological factors have also reformed management structure as well as management practices in accordance with the present business requirements (Ivanko, 2013; Bittner, 1986). The change in the organisational structure and management practices owing to human resource management has also altered in a significant manner. Correspondingly, in the changing environment, organisations are determined towards hiring and retaining a pool of talented and skilled human resource in order to sustain in the competitive advantage in the market. Besides, due to the changes in the environment, workforce, profitability, growth, technological changes and business are anticipated to be influenced immensely. These factors have significantly led the organisation to emphasis over the managing human resources management. Thus, in the changing scenario insufficiency in the proper management of the human resource administration and failure in the strategic integration reduces competitive advantage (Armstrong, 2006). In this regard the concept of Strategic Human Resource Management (SHRM) is a practice through which an organisation strategically manages its human resources through aligning the strategic framework with the human resource of the organisation in order to the support the long-term objectives and goals. The appro ach of

For developing countries what are the advantages and disadvantages of Assignment

For developing countries what are the advantages and disadvantages of participating in the global garment industry - Assignment Example creasing development in this industry is due to the availability of a cheap work force, ready market and easy transportation due to its negligible weight (TAYLOR, 2009). Developing countries have maximized their raw materials and there has been dramatic increase in the production which now accounts for about 70% of the world export on clothing. However, the garment industry is not left far behind as it accounts for about 3.2% of the world’s manufacturing export (TAYLOR, 2009). Developing countries’ involvement in the global trade, especially in the garment industry has both positive and negative impacts. On the positive impacts is the fact that this industry has increased the level of employment reducing unemployment in developing countries, which has been one of the major epidemics. For example, in Bangladesh, about 1.5 million workers are absorbed in these industries which are about 65% of the total workforce (Hoque, 2005). In Morocco, about 40% of the total human resources are also absorbed into this industry. Second advantage is the increased level of foreign exchange or export earnings. These increased earnings are very vital in any developing countries since it is a source of revenue through which the government injects into development projects so as to improve the living standards of its citizens (TAYLOR, 2009). In Bangladesh, this industry contributes to about 75% of the country’s total export earnings. In Mauritius, it is about 64%, while in Sri Lanka it is about 50%, and in Tunisia it is about 40%. Next is that it has some considerable total added value of merchand ise exports. This is evident in countries such as Bangladesh which is about 55%, Turkey being 28%, while in Morocco and Pakistan it is 20% (TAYLOR, 2009). On the other hand, linearization of trade has disadvantages in all industrial sectors, garment industry being inclusive. First is that these developing countries have removed all the trade barriers which may later lead to