1. Strategic role of human resources:
Human Resource Management refers to management of the total relationship between an employer and employee in order to achieve the strategic goals of the business
A line manager is responsible for people who work directly in the production and sale of business products and services (key functions)
2. Interdependence:
HR and Marketing:
- HR relies on marketing to increases sales so the business can grow and recruit more human resources
- Marketing relies on HR to recruit employees who can conduct market research and develop and sell a product
HR and Operations:
- HR relies on operations to produce quality products which can be sold by employees also to comply with workplace health and safety laws
- Operations relies on HR to recruit people who can manufacture the product
HR and Finance:
- HR relies on finance to provide money to recruit, train, motivate and separate employees
- Finance relies on HR to recruit people to work in the finance area and can ensure cash is readily available when needed, monitor and control financial resource
3. Outsourcing human resource functions:
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📃 HR functions such as (recruiting, training, induction etc) are provided by other specialist HR businesses
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Advantages:
- Allows firms to focus on core business functions
- Cost effective – Can recruit the best talent worldwide for a short-term service
- Superior service
- Cost and time effective
Disadvantages:
- Increased costs
- Loss of quality
- Difficulty coordinating activities
- Difficulty monitoring quality of outsourced activities
Using contractors – domestic and global
- A contractor is an external provider of services to a business
- Using contractors gives a business flexibility because there is no long-term commitment between a contractor and a business. Once the work is done the relationship seizes