Human Resource Essay

How to solve it through HRM

The main problem of the company about the human resources is that the firms value the people but not value the HR. so it is very important to build a series HR strategies and management to balance the people value and people cost. First of all, according to the VRIO (Value, rareness, imitability, and organization)framework, the HR function is playing an important role in developing sustainable competitive advantages of the organizations, in order to improve the economic profitability of technology firms, the HR should build and provide the competitive resources which are valued, rare and cannot be easily imitated by other firms such as unique company culture, interesting teamwork, flexible working environment and working time, Organizational fairness to focus on individual ‘rights’ to personal actualization, which are both valued and low-costly. In addition, under the VRIO framework, the HR executives should be well aware of the difference of the human resource practice between your firm and other organizations, which would be helpful to provide a competitive advantage to the employees. Secondly, HRM would lead to employee commitment. Being different with the hard HRM theory, Soft HRM tries to involve the communication, motivation and leadership into the employee management, which is low costly for the firms and effective to achieve employee’s highest commitment to the companies. Meeting the demands of the employee is the key to improve the employee satisfaction and drive positive employee attitudes. So it is very necessary for the HR to drive flexible and free communication in the firm, communication is helpful for the employees to relive ......

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