TOPIC 4: HUMAN RESOURCES
Role of Human Resource Management
• strategic role of human resources
• interdependence with other key business functions
• outsourcing
- human resource functions
- using contractors - domestic, global
• interdependence with other key business functions
• outsourcing
- human resource functions
- using contractors - domestic, global
Strategic role
- Read about the Strategic Role of Human Resource Managers (Chron)
- Summarise the strategic role of human resources.
Interdependence with other key business functions
READ: The Relationship Between Marketing and Human Resources (Chron)
TASK: Summarise the article and come up with the ways HR links with Finance and Operations. Then put these links in a drawing/diagram of the interdependence of HR with the other KBFs.
TASK: Summarise the article and come up with the ways HR links with Finance and Operations. Then put these links in a drawing/diagram of the interdependence of HR with the other KBFs.
Outsourcing
Definition: The practice of having certain job functions done outside a company instead of having an in-house department or employee handle them; functions can be outsourced to either a company or an individual.
(Entrepreneur Small Business Encyclopaedia, Outsourcing, http://www.entrepreneur.com/encyclopedia/term/82610.html [accessed 20 November 2011])
READ:
(Entrepreneur Small Business Encyclopaedia, Outsourcing, http://www.entrepreneur.com/encyclopedia/term/82610.html [accessed 20 November 2011])
READ:
TASK:
The above is also in a worksheet format.
- Create a table outlining the advantages and disadvantages of outsourcing the human resource function.
- Discuss the advantages and disadvantages of businesses outsourcing the human resource function in the global market. Try not to only rely on the articles but also think for yourself.
The above is also in a worksheet format.