Introduction to resource management Essay Example | Topics and Well Written Essays - 2000 words

Introduction to resource management - Essay Example These can be changed according to the passage of time. It will also occur by the change of environment and by the change of different factors and culture of the society. Technology is a thing that will always change its direction and bring new and innovative things for its users. 6. Industrial and International Relations. For e.g. courts, commissions, government etc. 7. Women Induction in Jobs. Women issues might occur i.e. harassment and discrimination. 8. Career Planning and Development. It is an important step while deciding or developing new business units. A proper and organized, planning and development strategy leads to a great success. 9. Lack of Opportunities. Should notice those opportunities that will give benefit to an organization by observing our competitors. 10. Product Diversification. Product always needs change and diversified strategy to bring improvement and innovation in a product line that will attract customers. Q.2. To what extend does the company need to overhaul the relationship between HRM and its core businesses Relationship between HRM and Business Performance of the Company: According the case study (Financial Times, 22 Dec'1999), Mark and Spencer was facing several problems in their business. They even suffered with great fall and they lost their revenues in a competitive environment of UK. They used the diversified strategy for their company in terms of developing a team of seven people who were responsible for the seven units of Marks and Spencer. As the answer of the question, the company should understand the practices of HRM clearly. They took several wrong decisions that affected their business badly. If they used correct strategies and followed the HRM rules rightly, the problems would not have occurred. Marks and... Team work is very important in human resource management; manager should take along his/her employees and also consult and take their opinions for taking good decisions for their company/organization. The resource management helps managers work together to manage large teams and projects as well. With reference to Pieter.A.Grobler (1996) Strategic HRM issues can occur according to change of environment around business organization. While deciding to create business units we should monitor the following issues: 5. Technological and Environmental Changes. These can be changed according to the passage of time. It will also occur by the change of environment and by the change of different factors and culture of the society. Technology is a thing that will always change its direction and bring new and innovative things for its users. According the case study (Financial Times, 22 Dec'1999), Mark and Spencer was facing several problems in their business. They even suffered with great fall and they lost their revenues in a competitive environment of UK. As the answer of the question, the company should understand the practices of HRM clearly. They took several wrong decisions that affected their business badly. If they used correct strategies and followed the HRM rules rightly, the problems would not have occurred. First of all, the biggest mistake done by Mark and Spencer was that while performing several functions within