Comprehensive Plan to Improve the Quality of Facebook HR Practices
The company targets online users who have access to the internet and mostly the users can share ideas and life experiences as well as gifts. The site is very popular due to its flexibility to accommodate attractive features that make the users share information and other valuable resources all over the world. The company generates its revenue from hosting plenty of advertisements from various entrepreneurs. The Human Resource department uses some different practices to enhance employees’ satisfaction as well as morale. Creation of a good environment and spacious office rooms is one of the practices commonly available within the organization. Good remuneration curbs the problem of employee turnover and thus the operations of the organization remain uninterrupted. Promotion of employees based on skills and talents will encourage the latter to be innovative and thus make the organization to have a competitive advantage.
Creation of training and development programs offers the opportunities for the employees to sharpen their skills and also increase the knowledge which is essential for making the organization achieve higher levels of production. Employee morale and satisfaction is achieved when they are adequately remunerated,and thus the organization will have the benefit of utilizing the talents and skills of its employees. Organizational success is attained when there is cohesive cooperation between the management and the employees and better remuneration is an ideal condition for establishing cohesive cooperation. In 2004, he launched a new social site that he named “Thefacebook. ” However, the site made him land into trouble for the second time after Divya Narendra, Tyler and Cameron accused him of copying their idea of launching a social site,and they eventually presented the case before a court of law.
However, the case was dismissed,and Mark was declared innocent. The company offers online services of hosting the profiles of their clients and allow them to share information as well as life experiences. Moreover, the site allows the members to share gifts with their friends. However, Facebook has some strengths that make the company have a competitive advantage that can mitigate the market risks that have been facing it. The following are the salient benefits: strong brand image, high revenues as well as large customer base. The strong brand image has enabled the company to be the most popular networking site consequently attracting millions of online users. The reputation that the company has attained as the most reliable social media site has helped the company generate high revenue margins due to plenty of advertisers that have been using the site to market their products and services.
Current Human Resource Management Practices Premeditated human capital scheduling The chief role of the Human Resource department is to ensure the company has the right workforce that can undertake the assigned job roles. The company has managed to retain the most talented and skilled employees that have assisted the organization to have a competitive advantage over its rivals such as Google. Strategic performance management The channels of communication established within the Human Resource department are meant to ensure the performance targets as well as work policies are understood by the workers and for that reason, they can work towards the set targets (Sageer et al. The level of performance of the employees is closely monitored,and the corrections are immediately made in case of any deviations from the targeted level.
Workers are encouraged to undertake activities that are in harmony with the strategic objectives of the company consequently making the organization have focused human capital, a factor that is essential for a significant development to be achieved. HR Metrics Human Resource metrics refers to the approaches that are used by the Human Resource Department to ascertain the cost and the influence of the employee practices as well as processes that are employed to evaluate the achievements or failure of HR policies (Bunker & Alban, 2012). Effectiveness of Current HRM Practices The most significant role of the human resource department is the creation of a performing workforce and a conducive environment of work. The methods discussed in this course are competent in business performance and labor productivity.
Effective management takes into consideration the fact that employee recognition is more of a psychological than a physical act which involves administration recognition of every effort shown by the employee. Recognition means that the organization is pleased with the performance of the employee and the behavior in the workplace which is in line with the organizational objectives of revenue optimization. Recognition of the employees ascertains an organizational friendly environment and proper employer-employee relationship. Tactical training gives the organization the ability to rise in the job market and the skills to sustain the rise. Many practices carried out by the HRM are very efficient and effective in the Facebook organization for they are aimed at changing the functionality of the organization positively and for the bettering of the services offered and in the long run maximization of revenue.
Maximum revenue is every organization goal, but implementation depends highly on the management and for this case, the HRM. Recommended Strategies to Improve the Quality of HR Management Practices In the business environment, change is vital, and therefore the management of the organization should be ready to assess the type of change that supports a positive change within the organization. Preparing the employees for the positive change by offering training programs is one of the approaches that are used to support a positive difference. The skilled workforce should be concentrated only on the areas of expertise and specialization. The continued division of labor among different departments in the company would be more productive. Facebook Company should make a point of recruiting staff who are mandated to do only a specialized task.
Specialization improves the expertise of the employee due to continued practice. It is essential for the organization to offer free training services for the employees to further perfect their skills and ensure they give a professional output. Producing a good or service that is not produced by its competitors will make them function as if the market is monopolistic. Monopoly makes the producer enjoy the sole production and overreliance in the consumer market. Proper management, which will sustain this nature of market structure will stabilize the organization hence optimal revenue and profit, which is the ultimate aim of every producer. The delegation of powers is very critical and of substance, since it gives the employees an opportunity to specialize and gain expertise in only one field.
This is important in the management of the organizational activities since every activity is handled by an expert hence better results. It gives a clear outline of the development of Facebook including the challenges that the founder and CEO, Mark Zuckerberg went through during the development phase. It provides a clear purpose of the Facebook organization detailing what keeps the organization moving forward in the challenging environment they operate. The paper shows the functionality of the organization regarding the utilization of human resources to promote production in the highly competitive business environment. The paper explores the effectiveness of the Human Resource Management and the overall management of the firm in an attempt to work together and attain the organizational set goals.
The interdependence and the interrelationship between the organizational management and the human resource management are assessed about how the desired output is achieved. , & Alban, B. T. The handbook of large group methods: Creating systemic change in organizations and communities. John Wiley & Sons. Caligiuri, P. R. Project management: a systems approach to planning, scheduling, and controlling. John Wiley & Sons. Khalid, S. , Irshad, M. Sageer, A. , Rafat, S. , & Agarwal, P. Identification of variables affecting employee satisfaction and their impact on the organization. IOSR Journal of business and management, 5(1), 32-39. Vaguely addresses and describes the organization’s HRM practices in regards to its employees or completely off the topic. (0-7 points) Addresses and describes the organization’s HRM practices in regards to its employees and, for the most part, fulfills assignment requirements.
(8 points) Addresses and describes the organization’s HRM practices in regards to its employees and demonstrates solid ability to accomplish the assignment. (9-10 points) Completes a table illustrating at least 6 key result areas and explains how improving these key result areas identified in this table will enhance the competitive advantage of the organization chosen. • Fails to complete a table illustrating at least 6 key result areas, including targets and current results and computes the difference. (8 points) Analyzes if the HRM practices are effective and provides an explanation of why they are or are not effective and demonstrates solid ability to accomplish the assignment. (9-10 points) Describes the major strategies to improve the quality of selected HRM management practices within the student’s area of influence.
Be specific. Vaguely describes the major strategies to improve the quality of selected HRM management practices within the student’s area of influence. (0-7 points) Describes the major strategies to improve the quality of selected HRM management practices within the student’s area of influence and, for the most part, fulfills assignment requirements. Rarely integrates established HRM principles into the discussion. (0-7 points) For the most part, does a good job of integrating established HRM principles into the discussion. (8 points) Consistently does a good job of integrating established HRM principles into the discussion. (9-10 points) Synthesizes information with critical thought and develops ideas with clarity and logic. • Synthesizes information at a minimal level. (0-7 points) For the most part, uses credible documentation that is properly referenced and cited.
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