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“The human resource management practices that faster innovation and creativity for effective R&D have four dimensions.” Explain these dimensions.

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MS 58 Assignment Solution | Management of R&D And Innovation | The human resource management practices…

Human resource management is a vast area that covers the entire expanse of an organization. Given its vastness and the impact of its coverage, we must classify it into different dimensions for ease of understanding and operational efficiency. While many sub-disciplines and processes exist within the gamut of HR and various models to categorize them, one of the most common ways to do it is by creating the four dimensions of human resource management practices as defined by Noe et al. (2010).

Most of the HR management courses online will cover them. This element covers everything that relates to company culture, compliance or regulation issues, the mission and vision of the organization, and so on. It means that the environment or climate that exists within the company is the primary responsibility of human resources. Managing it in a way conducive to encouraging good performance from the workforce is what HR does. The internal environment of a company is bound to have a substantial effect on every employee. It is necessary to see each of these elements in detail.

Impact of Culture On Employee Performance :

The culture of a company has a powerful impact on every employee. Various factors make up the culture of a company. The manner in which a company treats its employees and what working environment it provides is an important factor. Another important aspect that decides a company’s culture is its employee makeup. Companies must be inclusive and try to employ people from different religions, races, and genders.  A good mix of people from different backgrounds helps to bring more perspectives.

People need to enjoy their work. When workers enjoy what they do, their productivity is much better. Companies should try to make work a game that all can enjoy. This will bring more creativity and ensure better interaction between employees. The decisions made by top management also become part of a company’s culture. Its mission, vision, and values must inspire staff members to work for the company and for a more significant cause that positively impacts society.

An excellent corporate culture is where every employee gets an opportunity to exhibit their skills. All workers must get a chance to perform and grow. The importance of studying human resource management is that these courses will teach them how to bring that culture into an office and enlighten everyone with its values. HR managers should also ensure that new employees are made to feel comfortable by others and given guidance about how to be part of a team. Companies should develop a culture of helpfulness in the workplace. 

Being compliant with both internal and external regulations and directions is a necessity for every company. HR managers must ensure that compliance training is given to all employees for various reasons. When workers are offered this training, companies can rest assured that employees will follow them. This will help in reducing expenses that are likely to be incurred due to fines. This is the answer for someone asking why it is important to study human resource management. Companies will also save their reputation when employees follow all rules and regulations.

One of the benefits of studying human resource management is that it will teach students the importance of staying updated with the latest regulations. HR officials must regularly inform employees about the latest compliance standards and other rules. There are specific industries in which laws can change very often. HR can offer online training classes on compliance so that everyone knows the latest regulations. It will help the company to avoid any penal action.

Wrapped Up

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