THE IMPACT OF STRATEGIC HUMAN RESOURCE MANAGEMENT ON CORPORATE PERFORMANCE OF TRANCORP HOTEL CALABA


THE IMPACT OF STRATEGIC HUMAN RESOURCE MANAGEMENT ON CORPORATE PERFORMANCE OF TRANCORP HOTEL CALABA

Type: Project Materials | Format: Ms Word | Attribute: Documentation Only | Pages: 51 Pages | Chapters: 1-5 chapters | Price: ₦ 3,000.00

1,367 marked this research material reliable.
Call or whatsapp: +2347063298784 or email: info@allprojectmaterials.com
CHAPTER ONE
INTRODUCTION
1.1   BACKGROUND TO THE STUDY
Organizations are seeking to create much competition between them, taking more market, more customers, more sales, etc. Rapid changes stemming from globalization, advancement of information systems and other factors have caused higher competition. Many organizations are driven by the market to set their goals in their corporate performance (Hendry & Pettigrew, 1990). Some of the goals are: cost reduction, achieving sales levels, increasing the number of customers, increasing the market percentage, improving productivity and quality, innovative products. The realization of these goals will be achieved through the human resources management in organizations. Workforce, as the key to success, will enable the achievement of organizational performance. Human resources are regarded as one of the most important sources of today's firms (Lance, 1994). To sustain competitive advantage, companies must reassess their corporate mission and reset their strategic goals. Programs organized to boost corporate performance explores the powerful performance management systems that successful organizations use to compete successfully in a rapidly-changing global economy (Boxall & Purcell, 2003). With a deeper understanding of how to analyze and communicate business strategy, employees can learn how to manage operational and strategic risk while driving breakthrough innovation and performance.

Human resources management is more important than other competitive sources because these people use other assets in organization, create competitiveness and realize objectives. Thus firstly, organizations must understand the expectations of their workforce  in order to achieve the desired corporate performance. The realization of the expectations of employees will enable the desired behavior of employees in the organization (Guest, 1987).

Some of the desired outcomes of the organization in managing their workforce are: competence, cooperation of employees with managers, cooperation of employees between them, showing the capabilities of employees; motivation, commitment and satisfaction; attitude and presence; employee behaviors. The overall goal of corporate performance management is to create a culture as high performance in which individuals and teams to take responsibility for the continuous improvement of business processes and their skills and contribute in achieving the targets set by managers. In particular, management performance can be expressed as the approximation of individual objectives of employees with organizational objectives provided that employees support the culture of the organization. It provides for expectations to be defined and agreed in terms of role responsibilities and accountabilities (expected to do), skills (expected to have) and behaviors (expected to be)(Armstrong, 2006). Strategic human resource management (SHRM) represents a relatively new transformation in the field of human resource management. Strategic human resource management is concerned with the role human resource management systems play in firm performance, particularly focusing on the alignment of human resources as a means of gaining competitive advantage.

 

1.2   STATEMENT OF THE PROBLEM
The purpose of strategic human resource management is to improve corporate performance through people management. The organizations need to manage their human resources effectively and efficiently to achieve the desired goals and objectives. The achievement the goals and objectives translate also in better performance (corporate, financial etc). So, the issues raised in this study is the approach used by organizations to manage their human resources and whether strategic human resource management help to meet the needs, the goals and objectives of the business organization.

1.3   OBJECTIVES OF THE STUDY
The main objectives of the study are:

  1. To examine the impact of strategic human resource management on organizational corporate performance.
  2. To examine the level of use of strategic human resource management by organizations.
  3. To identify the importance of strategic human resource management in an organization.

1.4   RESEARCH QUESTIONS

  1. What is the impact of strategic human resource management on organizational corporate performance?
  2. What is the level of use of strategic human resource management by organizations?
  3. What is the importance of strategic human resource management in an organization?

1.5   HYPOTHESIS
HO: There is no significant relationship between strategic human resource management and organizational corporate performance.
HA: There is significant relationship between strategic human resource management and organizational corporate performance.
1.6   SIGNIFICANCE OF THE STUDY
The following are the significance of this study:

  1. The finding from this study will educate management of organization and the general public on the importance of strategic human resource management and its impact on corporate performance.
  2. This research will also serve as a resource base to other scholars and researchers interested in carrying out further research in this field subsequently, if applied will go to an extent to provide new explanation to the topic

1.7   SCOPE/LIMITATIONS OF THE STUDY
This study on the impact of strategic human resource management on organizational corporate performance will cover strategies involved in successful human resource management.
LIMITATION OF STUDY
Financial constraint- Insufficient fund tends to impede the efficiency of the researcher in sourcing for the relevant materials, literature or information and in the process of data collection (internet, questionnaire and interview).
Time constraint- The researcher will simultaneously engage in this study with other academic work. This consequently will cut down on the time devoted for the research work.


REFERENCES
Armstrong, M. (2006). A Handbook of Human resource management practice. 10th edition. Cambridge University Press.
Boxall, P. & Purcell, J. (2003).Strategy and Human Resource Management. Basingstoke and New York: Palgrave Macmillan.
Guest, D. E. (1987).Human Resource Management and Industrial Relations. Journal of Management Studies, 24 (5), 503-521.
Hendry, C., & Pettigrew, A. (1990). Human resource management: An agenda for the 1990s. International Journal of Human Resource Management, 1, 17-43.
Lance, C. E. (1994). Test of a latent structure of performance ratings derived from Wherry’s (1952) theory of ratings. Journal of Management, 20, 757–771.

THE IMPACT OF STRATEGIC HUMAN RESOURCE MANAGEMENT ON CORPORATE PERFORMANCE OF TRANCORP HOTEL CALABA

Additional Information

  • The Project Material is available for download.
  • The Research material is delivered within 15-30 Minutes.
  • The Material is complete from Preliminary Pages to References.
  • Well Researched and Approved for supervision.
  • Click the download button below to get the complete project material.

Frequently Asked Questions

In-order to give you the best service available online, we have compiled frequently asked questions (FAQ) from our clients so as to answer them and make your visit much more interesting.

We are proudly Nigerians, and we are well aware of fraudulent activities that has been ongoing in the internet. To make it well known to our customers, we are geniune and duely registered with the Corporate Affairs Commission of the republic of Nigeria. Remember, Fraudulent sites can NEVER post bank accounts or contact address which contains personal information. Free chapter One is always given on the site to prove to you that we have the material. If you are unable to view the free chapter 1 send an email to info@allprojectmaterials.com with the subject head "FREE CHAPTER 1' plus the topic. You will get a free chapter 1 within an hour. You can also check out what our happy clients have to say.


Students are always advised to use our materials as guide. However, if you have a different case study, you may need to consult one of our professional writers to help you with that. Depending on similarity of the organization/industry you may modify if you wish.


We have professional writers in various disciplines. If you have a fresh topic, just click Hire a Writer or click here to fill the form and one of our writers will contact you shortly.


Yes it is a complete research project. We ensure that our client receives complete project materials which includes chapters 1-5, full references, questionnaires/secondary data, etc.


Depending on how fast your request is acknowledged by us, you will get the complete project material withing 15-30 minutes. However, on a very good day you can still get it within 5 minutes!

What Clients Say

Our Researchers are happy, see what they are saying. Share your own experience with the world.
Be polite and honest, as we seek to expand our business and reach more people. Thank you.

Project Information

  • CATEGORY : BUSINESS ADMINISTRATION
  • TYPE : PROJECT MATERIAL
  • FORMAT : MICROSOFT WORD
  • ATTRIBUTE : Documentation Only
  • PAGES : 51 Pages
  • CHAPTERS : 1 - 5
  • PRICE : ₦ 3,000.00

Share Links

Download Post
Download Post

Search for Project Topics

Department

Do you need a writer for your academic work?