Thursday, February 28, 2019

Human Resource as Most Important Essay

The importance of gentlemans gentleman resource (HR) can be explained by the analogy of a motorcycle. A motorcycle cant work off on its own without the f oleaginousness of its many separate. It needs to be serviced regularly, the parts oiled and roundtimes, talking to it, helps in running of your motorbike. Trust me (I myself, own a Vespa). Ignorance of its squeaky brake pads, almost thread less rear tyres could obstruct the motorbikes performance on the road or surpass the death of its rider These similar principles apply for a ships company. An makeup cannot unction without its employees as they atomic number 18 essentially its driving reap.Patty (2010 15) described employees as the one and only(a)s that make decisions, negotiate and execute plans. An organization exists to deliver value for people, any as a single person or whole full as a team ( mayo, 2001). As stated by Lawler (2003 17), some organizations market worth is in its intangible assets, such(prenominal) as its reputation, brand and sympathetic great(p), atomic number 18 extremely vulner competent to devalued death spirals. These intangible assets wouldnt exist if not for equit suitable playing employees. A company offering bike towing services wouldnt be reputable anymore if its mployees start to not achieve its target of 30 minutes arriving at scene upon despatched.Alternatively, a cosmetic shop merchandising facial products when their sales assistant themselves do not have untroubled facial complexions. As Mayo (2001 26) states, everything depends on people their capability, motivation, creativity, passion and leadership. mess manage the tangible assets, and they also maintain and grow the intangible ones. valet possesses unique feelings and emotions and when they are correctly identified and managed with the correct strategy, an organization is able to seamlessly attain its target without much problems.As Kant (1781) mentions, Treat people as ends unto themselves rat her than as means to an end. Armstrong (2009 14) and then elaborates, productivity is directly relate to job satis pointion and the output go out be high if they wish their co-workers and are given pleasant supervision. Employees share their personal human capital with their company as they believe they will be getting something in return. As a result, an employee in an organization becomes both the stakeholder and shareholder (Mayo, 2001). Employees are merely lending their personal human capital to their company and may switch so if they are not cosmos treated right.Meanwhile, new(prenominal) assets of an organization do not have an emotional element habituated to them. This refers to state-of-the-art technology that manufactures excellent, clean products for mass selling. Companies such as Apple, Sony and Philips are all well renowned for their IT products. Big touch screen contraceptive pill computers. Bigger LED Television screen and the list go on. However, it is by the use of the human resource that we are able to come out with such ideas and thinking on how our future daily products are to be like.Machines can never be exact substitutes for humans. It is the action of our own soft-witted workers in those factories hat we can control the technology to be move on or off for exact made-to-order production figures. Those same workers will be the one to diagnose and repair the machines once they extravasate down. The same applies to the rest of the assets. The organizations financials, materials, and methodology couldnt be derived without the help of the human resource. It is only through people that these factors could be see and generated.Stewart (2005 3) defined noetic capital as Intellectual material knowledge, information, intellectual property, experience that can be put to use to create wealth. An organization may start with zero capital but with honest, experienced and capable employees, their company might still be successful in t he end. As highlighted, no other asset is as all important(predicate) as human resource in any organization. An organization needs the directives of its own mental faculty as nothing else will causa the company forward.Employee actions are the reverberate image of their organization. A impregnable responsible, reputable and polite bike technician will give customer the same impression of the company. Good impressions will drive up the companys monthly sales target. A unhealthful reputation will lowly dwindle down sales targets and force customer to look for other better workshops. However, most companies think of fast super fast and easy methods of cutting down costs in times of crisis by letting go of their employees. It would only be customary sense to cut down on your own staff as youre now dealing with technologies and machines for your business but we are wrong.This positioning is also being supported by various accounting principles. Mayo (2001 4) states that They are much more likely to see the company being driven by efficiency and by minimizing costs. This is largely due to the fact that human resource costs re easier to monitor, while the intangible determine that they generate is not. So, human resources alone will not entail in good endings. It has to be nurtured properly from the start by a good human resource management (HRM). Only with good HRM will the company be recruiting the best talent for the job. With the proper strategy and fit in line, these peoples managers will be the change agents for their employees and only then will their approach be fruitful. As stated by Armstrong (2009 15), the general purpose of human resource management is to ensure the organization is able to achieve success through people.As you can see, human resources are the most important asset in the organization. They are the one that drive the organization forward in making a solid contribution to their companys success. The rest of the assets stated abov e are in pale comparison to human resource. However, only with a good HRM will the organization prosper. Given the proper infrastructure, high investment and veritable(a) huge manpower but without a proper HRM, there is no way that organization could run successfully. Thus, human resource is the most important factor in determining the success and failure of any organization.

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