Human resources management

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MANAGING HUMAN CAPITAL
MBA-A

EVALUATION WITH REFERENCE TO HOW THE HUMAN RESOURCES MANAGERS’ ROLE HAS TO BE MANAGED WHEN EXTERNAL ENVIRONMENTAL FACTORS CHANGES

GERMAN ALFREDO LOPEZ ROSERO
I.D. 1144PHPH1009

TABLE OF CONTENT

PAGE

1. INTRODUCTION 3
2. EXTERNAL ENVIROMENTAL FACTORS 4
2.1. Competition 4
2.2. Politics 5
2.3.Technological 6
2.4. Economics 6
2.5. Social and Cultural 7
3. Competitive Advantages 7

4. CONCLUSION 8
5. REFERENCES 9
7. BIBLIOGRAPHY 10

EVALUATION WITH REFERENCE TO HOW THE HUMAN RESOURCES MANAGERS’ ROLE HAS TO BE MANAGED WHEN EXTERNAL ENVIRONMENTAL FACTORS CHANGES

1. INTRODUCTION

Human Resources Management is responsible formanaging and developing internal policies, programs performance and procedures in order to generate an effective and efficient organizational structure. This is based on information about jobs, human capital and available resources, thus constituting nature of productivity, based on the quality of work, with workers capable and satisfied with their functions, security and progress opportunities(Chow, Irene Hau-Siu, Shan S.; 2007)

The most important part in the Human Resources Management refers to the study and analysis of jobs and establishing roles and tasks that human resources play in offices. An inadequate analysis of positions and activities will be reflected in a lack of compliance with the objectives established by the organization.

When the person chosen to perform a workfunction is compatible with their work, the performance of it will be optimal and these elements are directly relative to the Human Resources Management department’s efficiency.

The role played by people within the organizations is determined by the company; hence, the Human Resources Managers expect specific behaviour from the workers in accordance with their jobs. The success of a company is notdependent on clearly assigned roles and tasks to employees, but to the workers' attitudes toward their work and their motivation to develop it. Autonomy, responsibility, empowerment and freedom are answers in themselves to creating a positive working environment. A personal sense of significance and feedback from the company are factors that show to the employee that they are contributingeffectively to the company.

On the other hand the Human Resources Managers’ role has to handle external and internal environmental factors. In this context is necessary to have into account that the world is changing, turbulent and globalized markets, automatization and technological changes, political climate and regulations, economic conditions, and social and cultural behaviour are affectingdirectly the way how managers work and expand a business. In the same way, organization objectives or structures and policies are conditions which might affect the Human Resources development.

Adapting to the environment is currently the only way to survive in the market: "Change or Die."

Guided by the porpoise of this report, it will be focused in how external environmental factors affect theHuman Resources Managers’ role.

2. EXTERNAL ENVIROMENTAL FACTORS

External environmental factors are all these that happen outside the business and would affect the internal functions in a business, and probably the objectives and strategies of it. These external factors are changing constantly and the role of Human Resource Manager has to change with them.

Changes in the externalenvironmental factors affect on Human Resource Manager’s role disturbing productivity levels in companies; therefore there are going into the analysis in depth.

2.1. Competition

Competition means quality (Esquivel, Parkin; 2006). Without competition, businesses have not incentive to be productive, and Human Resource Managers know that to be the best option requires working with the best people....