Professional Custom Accounting papers: Issues in Human Resource Practice

Issues in Human Resource Practice

Introduction and Purpose

The human resource plays an essential role in the running of the organization.
The production ability of the organization depends on the contribution of the human resource.
An incompetent human resource has the effect of hampering the productivity of the organization.
In contrast, a competent human resource results in productive and competitive organization.

The human resource entails the human capital that is involved in the production function of an organization, which is crucial in determining the extent to the organization can remain productive and competitive(Truss, Mankin, & Kelliher, 2012). Thus, the management of the human resource is essential in influencing the Reyes realization of the strategic goals.

Introduction and Purpose

The purpose of the presentation is to demonstrate the linkage between the human resource and the organization’s strategic objective.
The presentation demonstrates the role the human resource plays in enhancing the realization of the strategic objective.
The analysis on the importance of the human resource in advancing the strategic plan realization employs the case of Reyes Fitness Corporation.

The realization of the role the human resource plays in the advancement of the organization’s business goals is crucial in shaping the approach the human resource manager will manage the HR. Thus, the analysis that has been conducted plays an insightful purpose in pointing to Lori the HR director at Reyes on the role her department in the realization of the new strategic goals (Phillips & Gully, 2013).

Summary of Organization’s Capabilities

Reyes Fitness Corporation is involved in offering recreation services.
The recreation services offered by the organization entail fitness facilities to the customers.
The organization has concentrated its fitness service offering to the family segment of the fitness market.
Reyes Fitness Corporation has expanded its operations widely to enhance the customer reach and revenue generation.

The business nature of a given organization is crucial in determining the capabilities and the human resource competencies that are required in realizing the strategic goals (Lussier, 2016). The nature of the business varies which means the skills and the capabilities of the Reyes Fitness organization employees will be shaped by its type of business (Truss, Mankin, & Kelliher, 2012).

Requisite Employee Competencies

One of the essential employee competencies required at Reyes is influencing others.
The influential competency is essential in ensuring a collaborative environment in driving the organization’s strategic objective (Kramar, 2014).The high-level integrity is another requisite competency required.
The physical nature interaction in offering fitness services to the customers requires a high level of integrity to ensure the organization’s reputation is not compromised due to inappropriate practices (Phillips & Gully, 2013).
The problem solving is another crucial employee competency required.
The efficiency and effectiveness in resolving the problems posed by the clients at the gym by the employees will be instrumental in determining customer retention because of service delivery satisfactory(Phillips & Gully, 2013).

The type of the business informs the various employee competencies for the Reyes Fitness Corporation that have been determined above it is offering on the market. Equally, the market competition and sensitivity of the consumer in the industry have been considered in the selection of the employee competencies.

Challenges the Organization Needs to Address

The various challenges that the Reyes Fitness Corporations needs to address to realize its strategic goals have been listed below.
Attracting experienced and skilled employees (Lussier, 2016).
Retaining the customers in a competitive fitness market.
Improving the cost management in a highly demanding industry.

The realization of the strategic goals at Reyes Fitness Corporations will be determined by the extent to which it will address the challenges that have been identified above (Ramlall, 2003).

SWOT Assessment for the HR function

HR Domains and Roles	Strength, Weakness, Opportunity or Threat?	Comments/Description on Strength, Weakness, Opportunity or Threat
Human resource development and succession planning	Strength	The development of the human resource and succession planning is a critical internal strength due to the role it plays in promoting employees’ skills and capabilities
Risk management, safety and security	Strength	This HR domain helps in retaining customers due to the safety they feel at the facility.
Talent acquisition	Strength	The acquisition of the essential talents in HR function is a critical strength in enabling linking the HR with the organization’s strategic plan.
Total rewards	Strength	The total rewards will help in attracting, motivating and retaining skillful employees.
Employee and labor relations	Threat	The employee and labor relations poses a threat of influencing trade disputes in the organization.
Strategic leaders	Strength	The strategic leaders in the organization are strength because they promote realization of HR goals.
Credible activists	Threat	The activists are a threat to the realization of the organization goals due to the risk they pose in hurting its reputation that will hurt the customer retention ability.
Business expert	Strength	A business expert in the HR function is a strength because it helps in linking the HR with the organization’s business strategy.
Culture and change champion	Opportunity	The culture and change champion offers an opportunity of realizing a new environment that will promote the new HR strategy in realizing organizational goals
HR innovators and integrators	Strength	Innovators and integrators in the organization’s HR is a crucial strength because of the operational and service delivery quality it offers
Proponents in HR and organizational technology	Opportunity	HR and organizational technology proponents gives Reyes the opportunity of enhancing HR competency and organizational effectiveness in service delivery.

The SWOT analysis that has been conducted above demonstrates the influence each of the human resource domain and role will have on the realization of the identified strategic goal at Reyes Fitness Corporation.

Conclusion

The analysis demonstrates that the HR function plays an essential role in the strategic plan of a business organization.
The competency management of the employees will determine the ability of the Reyes in realizing the profit maximization potential because of the role they play in cost minimization through efficiency.
Equally, the SWOT analysis depicts that HR domain and roles influences the realization of the strategic goals signficantly.

References

Kramar, R. (2014). Beyond strategic human resource management: is sustainable human resource management the next approach? The International Journal of Human Resource Management , 25 (8), 1069-1089.
Lussier, R. N. (2016). Human Resource Management: Functions, Applications, and Skill Development, 2nd Edition. Boston: Bookshelf Ambassadored.
Phillips, J. M., & Gully, S. M. (2013). Human resource management. Mason, Ohio: South-Western Cengage Learning.
Ramlall, S. J. (2003). Measuring human resource management’s effectiveness in improving performance. Human Resource Planning , 26 (1), 51-62.
Truss, C., Mankin, D., & Kelliher, C. (2012). Strategic human resource management. Oxford: Oxford University Press.

The realization of the strategic goals at Reyes Fitness Corporations will be determined by the extent to which it will address the challenges that have been identified above (Ramlall, 2003).

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