P1 EXPLAIN THE PURPOSE AND THE FUNCTIONS OF HRM, APPLICABLE TO WORKFORCE PLANNING AND RESOURCINGANORGANISATION.

Human Resource Management (HRM) is a strategic approach to managing an organisation’s workforce in a way that helps to achieve its objectives. HRM involves effectively managing people, processes, and systems to ensure that the right people are in the right place at the right time, with the right skills and knowledge to perform their roles effectively. The purpose of HRM is to support the overall goals of the organisation by providing a structured approach to managing the workforce.

Several functions of HRM are applicable to workforce planning and resourcing in an organisation:

1. Workforce planning: This involves forecasting the future workforce needs of the organisation, based on the expected demand for its products or services. HRM plays a critical role in developing and implementing workforce planning strategies to ensure the organisation has the right number of employees with the right skills and knowledge to meet its future needs.

2. Recruitment and selection: This function involves attracting and selecting the most suitable candidates to fill vacant positions in the organisation. HRM is responsible for designing and implementing recruitment and selection processes that are fair, transparent, and effective in identifying the most suitable candidates for the job.

3. Training and development: This function involves providing employees with the necessary skills and knowledge to perform their roles effectively. HRM is responsible for identifying training and development needs, designing and implementing training programs, and evaluating the effectiveness of these programs.

4. Performance management: This function involves setting performance standards, providing feedback on performance, and rewarding employees for their contributions to the organisation. HRM is responsible for designing and implementing performance management processes that are fair, transparent, and effective in motivating employees to perform at their best.

5. Employee relations: This function involves managing the relationship between the organisation and its employees, including addressing issues related to employee grievances, discipline, and termination. HRM is responsible for ensuring that the organisation has clear policies and procedures to manage employee relations effectively.

In summary, HRM plays a critical role in workforce planning and resourcing an organisation by ensuring that the organisation has the right number of employees with the right skills and knowledge to meet its future needs. The functions of HRM, including workforce planning, recruitment and selection, training and development, performance management, and employee relations, are all essential in achieving this objective.