Human Resources Functional Areas

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The human resources functional area of the organization fosters the achievement of improved financial performance through the following ways:
a. Recruitment and selection of appropriately qualified, skilled, and talented employees
b. Provide focused training and capability development for employees from across the organization
c. Promote good employee relations and engagement rates within the organization
d. Job, task, and process or workflow analysis
e. Risk assessment and promoting compliance within the organization with all the legal requirements
The human resources department in the organization is primarily responsible, working with the other departments of the organization, for the identification, recruitment, and selection of properly …show more content…

Through these specific activities and initiatives, according to the interview, the human resources management departments, working with other departments, such as the production department, have been able to assess and identify sources of waste and inefficiencies. Premised on the results of such assessment, specific strategies to foster productivity and reduce waste have enabled the organization to realize its revenues goals, as well as mitigate escalating costs and generally improve profitability of the organization. Further, from job analysis and workflow analysis, the human resources department provides an understanding of the specific processes within an organization, as well as the skills and competencies required for the positions therein, which has also improved the organization’s personnel recruitment, selection, and retention agenda. In addition, within the department itself, various activities are analyzed multiple times, and in line with the organizational goals and objectives, all initiatives such as recruitment, selection, remuneration, promotions, employee relations, are done in consideration of the financial impact of the activities, which has ensured effective cost …show more content…

Further, the department, to foster the achievement of not only its goals and objectives, but the other departments’ and the organization in general, works closely with the other departments of the organization, to formulate and implement specific activities that foster productivity, performance, improved revenues, and cost management and containment. While, unlike the sales and commercial department that engages in selling to generate revenues, the human resources department does not engage in similar activities that directly bring in revenues to the business, its activities in general, will foster the realization of good financial performance of the business, through enhanced productivity and performance. At the same time, its activities will foster cost management and containment within the department itself and the organization in general, which is integral to the pursuit of profitability and financial performance goals of the business. Reflecting and looking back on the interview, I feel that most of the theoretical concepts covered in class so far, are very applicable in the real world, and in many ways, contribute to the achievement of organizational goals and objectives, and more particularly, the financial performance goals and

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