Managing People in Context Essay Example | Topics and Well Written Essays - 1000 words

Managing People in Context - Essay Example This report is based on the Human Resource Management issues that the firm is facing and it aims to look into the problem thoroughly and on the basis of the analysis, it will recommend a certain course of actions that could be taken in order to guide top-level management into making the most efficient and wise decision. Â  The report considers that all possible means of data collection that could be taken from the staff reports and feedback from the workers. It then aims to use various theoretical frameworks that are used in the management in order to arrive and recommend certain actions that could solve the problem that the firm is facing. First of all, the overall human resource policy that we are following is very outdated. This policy is based on the slow and gradual progression of employees who move from the lowest grade to the highest. However, this policy is not appreciated by employees anymore who want rapid changes in the fast-moving world. The researcher would have to info rm that sticking to policy would mean that we will not be able to hire the best possible talent that is available in the market and it will also make the retention of existing pool of skilled employees difficult. In the long-run, as a result of this, we will lag behind our competitors if we do not look at our policy and revise it according to the changing needs of the time. The second important issue that there was a little representation of females in our top-hierarchy and similarly, there is an even lesser representation of minority groups.... By not giving the representation to females and minorities on our top-level panels, we are not letting some new and ground-breaking ideas pass through and hence in the future, we might face scarcity of new ideas that could harm the firm's ability to compete with other firms in the same field. (Heery and Simms, 2009) Furthermore, equally perilous issue is the fact that our workforce is facing a lot of stress and little drive towards work due to the way our compensation and reward system has been derived. There are many people who have complained about the fact that their hard performance goes wasted as there are ineffective promotions and motivation policies that our firm has employed. Furthermore, many of our worker are close to joining a trade union. So, we should try solving their grievances now, in order to form a blockade against the union's entry into the industry. Conclusion: I would like to conclude my report by saying that the human resource system that we are following is faulty and outdated. We cannot stick to it as by clinging onto it, I can see various problems approaching the firm which could be very threatening and in the future the firm may have to spend a lot more in order to correct the situation. Recommendations: Immediate revamping of the current human resource policy and changing it with the modern human resource policy that will help the firm in retention and attraction of new talent who will take the firm to new heights. This can be making the current human resource policy more flexible and hiring people at all levels in the hierarchy and not just at the lowest grade. They further enhance the performance of workers by providing them training as