Managing People Performance Business Organization

Question: Discuss about theManaging People Performancefor Business Organization. Answer: Introduction The assignment reflects on the human resource management strategies and practices of an organization. New Zealand embarks on the recruitment procedure that is similar to the western countries. For a long time, the recruitment industry operates as the premier service providing industry that offers phenomenal service to the customers around the globe. The companies of New Zealand have gained a momentum in the recent epoch. The significance of such companies in the global sphere is increasing at a rapid pace. The year 1990 witnessed the emergence of a new trend that facilitated the acquisition of local agencies by large global units. It is believed that some organizations maintained the status of brand identity. The assignment picks up the Assurity organization, a leading local organization of New Zealand that emanated from the start-up unit (Bratton Gold, 2012). Human Resource Management Overview of the Business Organization Assurity is an autonomous business organization that functions from New Zealand. Initially, the company was a start-up and subsequently, it assumed the character of a large-scale organization in the recent phase. It evolved from the building of software testing unit to a large-scale technology-driven consultancy that permeated the landscape (assurity.co.nz, 2016). Assurity consultancy aims to adopt the strategies and methods that help them to execute outstanding technological services in the growing digital phase. Several organizations benefit from variegated elements of the company. The Assurity consultancy developed a new position in the country, inasmuch of the cultural and social diversity. The consultancy encompasses analysts, technicians and business leaders that offer excellent solutions for the betterment of the business. The solutions help the companies to improve in the digital era. The organization is based out of New Zealand. The offices dispersed in the regions of Auckla nd, Wellington, Christchurch and Dunedin. The team comprises more than 200 talented professionals that exhibit a fusion of energy and zeal. The employees work passionately and accomplish every task with ease. The Assurity consultancy strives towards the betterment of the clients. The organization aims to deliver services that prioritize on technology and the requirement of the customers. The organization countenances an important challenge in the digital age. The company focuses on the quality and efficiency that help it to carve out a unique place for itself. Quality assurance is a significant issue that the company emphasizes (Pan Wei, 2012). In 2016, the Assurity Consultancy completed its 11 years of service in the corporate domain. In the phase, the organization developed from the start-up position to a large-scale unit, focusing on the contours of science and technology. In the recent time, the Assurity Consultancy has huge vacancies, as far as the functions of business analysis, consultancy and marketing specialization are concerned. The company highlights exhaustive lists of clients and the capabilities of the organization have increased exponentially. The organization faces a veritable question, regarding the future of the organization. It also envisions a path that brings about divergence for the clients. With the changing pace of technology and business topography, the organization incorporates new features. It is essential that every organization concentrate on the mode of operation and business methodologies. The Assurity consultancy adumbrates a strong and effective business models that make the organization mo re riveting and generates relatively powerful output. Human Resource Management Its Importance Human Resource Management (HRM or simply HR) deals with the management and preservation of human resources. A significant function maximizes the performance of employee, as far as strategic management is concerned. The main function of the Human resource management is to strengthen the degree of workforce that increases the profit of the company. The experts believe that HR emphasizes the concerted management of human resources, along with the making of policies and systems. HR departments deliberate on certain activities such as the recruitment of employees and employee designs. The department steers a course between the corporate laws and the formation of industrial relations (Storey, 2014). The maintenance of Human resource management is indispensable for every organization. Therefore, the Assurity consultancy organization could not avoid the significance of the Human Resource unit. The company is still in its fledgling stage and it needs the best Human resource solutions in this respect. With the assistance of effective Human Resource management, the company could absorb efficient members into the circuit. At the same time, the Human resource policies obliterate the crises (Storey, 2014). The key feature of Human Resource Management entails that it is resource-centered and employee-centered. Human Resource Management deals with the exploration and maintenance of workforce for the maximization of profit of a particular company. The Human Resource Manager functions as the recruitment of talented and efficient work force. The companies aim to identify an effective talent pool that augments the profit margin of the companies. Therefore, it is indispensable that every company maintains the stature of Human Resource Management (Purce, 2014). Vision and Mission Statements The company under review, Assurity Consultancy evolved from the status of Start-up organization to leading software outsourcing organization. The company anticipates a rapid enhancement of the profit scale in a course of time. In the recent era, the company wants to cope with the growing crises of the job market. Therefore, the company contemplates flexible Human Resource policies, related to the recruitment of employees in the company. It is essential for the company to bring employees from diverse backgrounds within the orbit of the organization. The company focuses on multiple disciplines, along with science and technology. Students from the field of Economics and Management occupy a colossal portion of the organization. In the present time, the organization gives more priority to the areas of English literature and Social Science. The students of these fields can enhance the creative thinking and analytical understanding of the organization (Parmenter, 2015). Organization Key Performance Indicators A Key Performance Indicator (KPI) is a yardstick that manifests the efficiency of the company and the implementation of the business objectives. Every company has different kinds of Key Performance Indicators. For an instance, the company under review (Assurity Consultancy) has certain indicators such as Business analysis, Testing, Delivery solutions, Education, software technologies and crowd sourcing. All these indicators play a crucial role in the furtherance of business and scientific development (David, 2016). Employment Relations Act The New Zealand Employment Relations Act 2000 (abbreviated as ERA) stands as the edifice of the parliament of New Zealand. According to the New Zealand Employment Relations Act, the organization must maintain certain laws and regulations. The company under review, Assurity Consultancy focuses on the given laws such as proper payment of employees, ensuring a safe and comfortable workplace, provision of the written agreement and providing consent to the employees for paid leave. Therefore, the organization helps to maximize the profit and leads to the uplift of the employees career. The company abides by the rules and regulation of the New Zealand Employment Relations Act 2000 (Hoque, 2013). Human Resource Planning, Job Analysis and Description Human Resource Planning The HR of the company (Assurity Consultancy) confronts varied problems. They develop the strength to evade such crises and imbalances. The HR has the responsibility to recruit proper talent for the organization (Pan Wei, 2012). Job Analysis and Design Demand Forecasting is an important feature for any organization. The role of the HR is to identify the resource shortage in an organization. At the same time, it is the duty of the HR to maintain the quality and quantity of the employees for the stated organization (Mello, 2014). Job Description (KPI Indicators) The scope of the company is to identify quality resources that help the betterment of the organization. In the present time, the organization is looking for the business analyst who exhibit commercial acumen. The organization requires such kinds of employees to uplift the scale of profit. Initially, the company has countenanced varied problems such as fraudulent practices by the employees and many more. Therefore, the company wants to preserve their status in the best possible way (Buller McEvoy, 2012). Reference Bratton, J., Gold, J. (2012). Human resource management: theory and practice. Palgrave Macmillan. Buller, P. F., McEvoy, G. M. (2012). Strategy, human resource management and performance: Sharpening line of sight. Human resource management review, 22(1), 43-56. David, P. (2016). Key Performance Indicators (KPI)-Developing, Implementing, and Using Winning KPIs. Four software outcomes that matter today. (2016). Assurity. Retrieved 21 October 2016, from https://assurity.co.nz/ Hoque, K. (2013). Human resource management in the hotel industry: Strategy, innovation and performance. Routledge. Mello, J. A. (2014). Strategic human resource management. Nelson Education. Pan, W., Wei, H. (2012, October). Research on key performance indicator (kpi) of business process. In 2012 Second International Conference on Business Computing and Global Informatization (pp. 151-154). IEEE. Parmenter, D. (2015). Key performance indicators: developing, implementing, and using winning KPIs. John Wiley Sons. Purce, J. (2014). The impact of corporate strategy on human resource management. New Perspectives on Human Resource Management (Routledge Revivals), 67. Storey, J. (2014). New Perspectives on Human Resource Management (Routledge Revivals). Routledge.