Human resource development is one of the key aspects to be considered by the contemporary business organizations in gaining competitive advantages (Urbancova 2013). This is important for the business organizations due to the reason that, the current business scenario is much more challenging and competitive for them. Thus, contemporary business organizations are leveraging on the initiation of the human resource development in order to enhance the skill and effectiveness of the employees (Chinomona 2013). Thus, with having the employees with right skills, business organizations will be able to compete effectively in the market.
However, initiation of the human resource development involves supports from various stakeholders including senior level management and the government. The more holistic with be the support system for the employee development, the more will be the effectiveness of the human resource development policies (Jehanzeb and Bashir 2013). In addition, initiation of the policies of human resource development is not only having benefits for the employees, but also for the society as well. This is due to the reason that, with the help of the human resource development, business organizations will have the advantages of having skilled employees along with the society with having more skilled populations. Thus, it will help in enhancement of the economy as a whole.
This report will discuss about the benefits of the human resource development for the Primark, employees and the society. In addition, the role to be played by the senior level management in supporting the learning process will also be discussed in this report. The role of the government in human resource development will also be discussed.
The earlier sections discussed about the benefits of the human resource development for the society, business organizations and the employees. However, there are various factors that need to be determined effectively in order to have desired benefits from the human resource development. One of the key factors is the determination of the role of the key stakeholders in the human resource development. Thus, the following sections will discuss about the role played by different stakeholders in initiating human resource development and their importance.
Conclusion
Thus, from the above discussion, it can be concluded that, initiation of human resource development helps Primark to gain competitive advantages in the market. This is due to the reason that, initiation of the human resource development will enhance the skill set of the employees and thus it will help them to enhance their talent pool. Moreover, it is being discussed in this report that, having the skilled employees enables the business organizations to compete in the market effectively. This report also discussed about the various benefits being gained by business organizations, employees and the society from the initiation of the human resource development. It is being concluded that, initiation of the process of human resource development is having holistic implications on the entire society. The key stakeholders involved in the process of human resource development are also being identified and discussed in this report.
References
Albrecht, S.L., Bakker, A.B., Gruman, J.A., Macey, W.H. and Saks, A.M., 2015. Employee engagement, human resource management practices and competitive advantage: An integrated approach. Journal of Organizational Effectiveness: People and Performance, 2(1), pp.7-35.
Alegre, J. and Chiva, R., 2013. Linking entrepreneurial orientation and firm performance: the role of organizational learning capability and innovation performance. Journal of Small Business Management, 51(4), pp.491-507.
Alfes, K., Truss, C., Soane, E.C., Rees, C. and Gatenby, M., 2013. The relationship between line manager behavior, perceived HRM practices, and individual performance: Examining the mediating role of engagement. Human resource management, 52(6), pp.839-859.
Anitha, J., 2014. Determinants of employee engagement and their impact on employee performance. International journal of productivity and performance management.
Braun, S., Peus, C., Weisweiler, S. and Frey, D., 2013. Transformational leadership, job satisfaction, and team performance: A multilevel mediation model of trust. The Leadership Quarterly, 24(1), pp.270-283.
Cherian, J. and Jacob, J., 2013. Impact of self efficacy on motivation and performance of employees. International Journal of Business and Management, 8(14), p.80.
Chinomona, R., 2013. Business owner’s expertise, employee skills training and business performance: A small business perspective. Journal of Applied Business Research, 29(6), p.1883.
Ellinger, A.E. and Ellinger, A.D., 2014. Leveraging human resource development expertise to improve supply chain managers’ skills and competencies. European Journal of Training and Development, 38(1/2), pp.118-135.
Esters, L. and Retallick, M., 2013. Effect of an experiential and work-based learning program on vocational identity, career decision self-efficacy, and career maturity. Career and Technical Education Research, 38(1), pp.69-83.
Grohmann, A. and Kauffeld, S., 2013. Evaluating training programs: Development and correlates of the questionnaire for professional training evaluation. International Journal of Training and Development, 17(2), pp.135-155.
Jehanzeb, K. and Bashir, N.A., 2013. Training and development program and its benefits to employee and organization: A conceptual study. European Journal of business and management, 5(2).
Lazaroiu, G., 2015. Employee Motivation and Job Performance. Linguistic and Philosophical Investigations, 14, p.97.
Purce, J., 2014. The impact of corporate strategy on human resource management. New Perspectives on Human Resource Management (Routledge Revivals), 67.
Sodano, V. and Hingley, M., 2013. The food system, climate change and CSR: from business to government case. British Food Journal, 115(1), pp.75-91.
Sung, S.Y. and Choi, J.N., 2014. Do organizations spend wisely on employees? Effects of training and development investments on learning and innovation in organizations. Journal of organizational behavior, 35(3), pp.393-412.
Terera, S.R. and Ngirande, H., 2014. The impact of rewards on job satisfaction and employee retention. Mediterranean Journal of Social Sciences, 5(1), p.481.
Urbancova, H., 2013. Competitive advantage achievement through innovation and knowledge. Journal of Competitiveness, 5(1).
Volberda, H.W., Van Den Bosch, F.A. and Heij, C.V., 2013. Management innovation: Management as fertile ground for innovation. European Management Review, 10(1), pp.1-15.
Wilson, J.P., 2014. International human resource development: Learning, education and training for individuals and organisations. Development and Learning in Organizations, 28(2).
Young, R. and Poon, S., 2013. Top management support—almost always necessary and sometimes sufficient for success: Findings from a fuzzy set analysis. International journal of project management, 31(7), pp.943-957.
Essay Writing Service Features
Our Experience
No matter how complex your assignment is, we can find the right professional for your specific task. Contact Essay is an essay writing company that hires only the smartest minds to help you with your projects. Our expertise allows us to provide students with high-quality academic writing, editing & proofreading services.Free Features
Free revision policy
$10Free bibliography & reference
$8Free title page
$8Free formatting
$8How Our Essay Writing Service Works
First, you will need to complete an order form. It's not difficult but, in case there is anything you find not to be clear, you may always call us so that we can guide you through it. On the order form, you will need to include some basic information concerning your order: subject, topic, number of pages, etc. We also encourage our clients to upload any relevant information or sources that will help.
Complete the order formOnce we have all the information and instructions that we need, we select the most suitable writer for your assignment. While everything seems to be clear, the writer, who has complete knowledge of the subject, may need clarification from you. It is at that point that you would receive a call or email from us.
Writer’s assignmentAs soon as the writer has finished, it will be delivered both to the website and to your email address so that you will not miss it. If your deadline is close at hand, we will place a call to you to make sure that you receive the paper on time.
Completing the order and download