Human Resource Management

Table of Content

1.0 Introduction

2.0 Identification of Problems/Issues

3.1 Non-HR Issues

3.2 HR Issues

3.3.1 Organisational Structure

3.3.2 Surplus and Shortage of Labour

3.3.3 Human Resource Planning and HRISM element

3.3.4 Retaining human capital

3.3 Most Important HR Issue

3.0 Strategies and Evaluation

4.4 Strategies

4.5.5 Human Resource Planning

4.5.6 HRISM

4.5 Evaluation

4.6.7 Fit

4.6.8 Cost

4.6 Conclusion

4.0 Recommendations

5.0 References

1.0

Introduction

Human resource management engaged in strategic management of employeesto accomplish strategic objectives of the organization (Stone, 2010). In order to improve performance, the process of relating the human resources activities with the organization’sobjective strategic is known as strategic human resource management (John, 2012). The main purpose of this report is to suggest two appropriate strategies to address in the most significant HR issue faced by the organization any present and future circumstances.

2.0

Identification of Problems/Issues

3.1 Non-HR Issues

Consolidated Global Mining Services (COGMS) encountered relatively severe cash flow issue as obtaining working capital from the banks became difficult due to the global financial crisis (Waight, 2010). Working capital management is one of the foundations of business continuity and acts as a hedge against tightening credit and access to additional capital, therefore, due to the non availability of working capital for corporation lead to shrinkages of operations and postponing of plans for capital expansion into different market (Iffet, 2011).

3.2 HR Issues

3.3.1 Organisational structure

COGS has a current informal organisational structure which is a of mixed functional and project orientated based where most of its employees worked in semi-autonomous teams with lack...