Strategic human resource management Essay Example | Topics and Well Written Essays - 3500 words

Strategic human resource management - Essay Example Stakeholders’ interests should be primarily concerned with recruitment of the employees in the event that it is now run either as a commercial or public company in order for it to realise profits. Special consideration should be given to the organisation’s recruitment efforts as well as decision making that would be designed to satisfy the needs of both the organisation as well as the stakeholders. Employees are the foundation of every organisation hence effective recruitment as well as improving their performance are the major factors that determine success of business during the contemporary period. In most cases, employee recruitment mainly depends on the available human resources tools and their ability to cope with the environment they will be operating in. Thus, recruitment of skilled and qualified employees is a vital strategy for an organisation to function successfully in the competitive environment. Retention of those skilled employees is equally important because such specialist and skilled workers may be in short supply and a company may find it difficult to replace the experienced workers and training of individual employees with more skills in particular jobs. As far as these measures are put in place, the stakeholders would be content knowing that their investments would not be at risk since they would be managed by professional and skilled people. No investor w ould be happy to risk his money where there are incompetent workers in the organisation. Organisations are run on the basis of various decisions that emanate from the situation obtaining in the markets they would be operating in. In practice, decision making is primarily concerned with approving the course of action to be taken in pursuit of certain goals to be achieved and is mainly practised at the top management level within large organisations (Kleynhans et al 2007). Decision making is mainly influenced by the leadership style

International Trade 2 Essay Example | Topics and Well Written Essays - 250 words

International Trade 2 - Essay Example Free trade is not perfect and as you mentioned in your response it also has disadvantages. In the United States a lot of factories have closed down because the firm’s owners decided to move the operation oversees in search of cheaper labor and lower operating costs. I agree with you that imposing barriers of trade is a counterproductive strategy. Most countries around the world have moved away from protectionism practices that impose barriers of trade and instead they are joining the free trade movement. There are many bilateral and multilateral trade agreements worldwide including NAFTA, MERCOSUR, TPP, and G-3. You are correct in your premise that the decision of using free trade should be made by the governments of each nation. Sometimes governments have to move away from free trade in certain industries in order to protect a local product. Protectionism practices are often used in the agricultural industry. Trucknews.com. 23 March 2012. â€Å"NAFTA trade totals reach record level in 2011 at $904 billion. 8 April 2013.