HR Analisys Essay Example | Topics and Well Written Essays - 750 words

HR Analisys - Essay Example Similarly, it can affect the financial performance of this organization; however, this might vary from one state to the next depending on the HR practices that Organizations embraces in such states (Bauernberger, 2007). It is vital to recognize that the decisions that the company makes on who to hire, what to pay, what training to offer, how employees’ performance is appraised, and other credible HR provisions directly affect employees’ motivation and ability to provide goods and services that customers value. Consequently, Organizations, as an MNC, must consider such factors through the HR department so as to realize credible organizational performance. Generally, HR manager’s roles in this MNC might eventually affect its prosperity, market relevance, and financial aspects. The strategic HRM management practices chosen in this context incorporate recruitment, selection, training and development, compensation, employee relations, and performance management (Colli ns 5). However, three of them have been discerned in diverse ways so as to understand the novel HRM concepts that Organizations can establish and implement so as to remain relevant in the HR management arenas. They have been intertwined so as to emerge with a concrete management provisions that Organizations, through its newly managed HR department, should establish, implement and embrace to benefit the company. Organizations should implement various HRM management practices in order to remain relevant in the global market. Due to its production and marketing capacity, the organization demands novel HRM practices in the context of HR planning, recruitment of employees, selection criteria, training and development provisions, compensation plans, as well as performance management. Another credible provision is the establishment and ratification of diversity provisions within the Organizations’ workforce. Cultural diversity is increasingly being a