Assess strategies that management may use to respond to key influences on human resources. - HSC - SSCE Business Studies - Question 28 - 2013 - Paper 1
Question 28
Assess strategies that management may use to respond to key influences on human resources.
Worked Solution & Example Answer:Assess strategies that management may use to respond to key influences on human resources. - HSC - SSCE Business Studies - Question 28 - 2013 - Paper 1
Step 1
Identify and Assess Key Influences on Human Resources
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Answer
To respond effectively to key influences on human resources, management must first identify these influences, such as economic factors, technological advancements, legal regulations, and social trends. An assessment helps understand the potential impact of these factors on recruitment, training, and employee retention.
Step 2
Implement Flexible Work Policies
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Answer
Management can implement flexible work policies, such as remote work options and flexible hours, to attract and retain talent. Responding to the modern workforce's desire for work-life balance can enhance employee satisfaction and productivity.
Step 3
Invest in Training and Development
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By investing in continuous training and development programs, management can ensure that employees possess the required skills to adapt to changes in technology and market demands. This fosters a culture of innovation and upskilling.
Step 4
Enhance Employee Engagement Strategies
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Management should focus on engaging employees through regular feedback, recognition programs, and opportunities for advancement. Engaged employees are more likely to be productive and loyal, which is crucial in responding to competitive influences.
Step 5
Monitor and Adapt to Legal and Regulatory Changes
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Staying updated with changes in labor laws and regulations is essential. Management can respond proactively by adjusting policies and practices to ensure compliance, thus avoiding legal challenges.
Step 6
Leverage Technology for HR Functions
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Using Human Resources Information Systems (HRIS) and other technologies can streamline HR processes such as recruitment, onboarding, and performance management. This enhances efficiency and allows for better data-driven decision-making.