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Wednesday, April 3, 2013

Global HR Practices

What is Human Resource focus?Human Resource wariness is what people usually mistake for being a synonym of personnel focussing. But the fact is that Human Resource Management has a much wider scope than Personnel Management. The latter is hardly one aspect of the former. Singh (1992) identifies three component elements to HRM, which are as follows:?the traditional personnel vigilance activities such as recruitment, training, remuneration, etc.

?a specific managerial and organizational ?philosophy? that views people as (a) the major organizational asset, and (b) regards workers as instinctively willing and adapted to be developed; and?integration of the personnel management serve into the strategic management of the organization.

The HRM & Hospitality relationship?The cordial reception industry is extremely labour-intensive and traditionally resistant to the automation and downsizing characteristic of other industries such as manufacturing, retailing, tape drive and agriculture. Despite its recent impressive growth and financial achiever globally, the hospitality sector is also perhaps the most sensible to a wide range of outside(a) and internal factors which at times threaten its very survival.

As a heavy labour-intensive industry, hospitality gives tremendous opportunity to study the management of human resources within a dynamic and often inconstant external and internal industrial environment.

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Apart from the numerous external factors such as political, economic, social, global and regional competition, guest grocery store preferences which buffet this industry sector, there are also a number of unresolved internal dilemmas which affect the success of the hospitality sector globally. Most of these pressures impact on the effective management of a hotel?s human resources.

HRM: Gaining a competitive advantageCompetitiveness refers to a company?s ability to maintain and gain trade share in its industry. Competitiveness is related to company efficiency, which is situated by whether the company satisfies the needs of stakeholders. Important stakeholders include stockholders, who pauperism a return on their investment; customers,

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