Professional Documents
Culture Documents
Assignment Brief - 1
Student name/ID
LO1 Explain the impact of the role of HRM in creating sustainable organizational
performance and contributing to business success.
LO2 Assess the contribution of recruiting and retaining talent and skills to achieve business
objectives.
LO3 Examine how external and internal factors can affect HRM decision making in relation
to organizational development.
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Transferable Skills and Competencies Developed
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The Role of HR in Recruiting and Retaining Employees
Recruitment and retention are critical in the banking sector, where competition for top talent is
fierce. XYZ Bank recognized that its ability to attract, onboard, and retain skilled professionals
was pivotal for sustainable performance. The HR department, led by seasoned HR managers,
took strategic steps to address this challenge.
First and foremost, HR managers at XYZ Bank developed a comprehensive recruitment
strategy. They leveraged digital technologies and data analytics to identify potential candidates
with the right skills and cultural fit. By implementing advanced screening tools, they
streamlined the hiring process, reducing time-to-fill key positions and ensuring a consistent
candidate experience. Additionally, HR worked closely with hiring managers to define job
roles and expectations, ensuring alignment with the bank's strategic goals.
HR also focused on employer branding. They highlighted XYZ Bank's commitment to career
development, work-life balance, and employee well-being in their recruitment marketing
efforts. By showcasing the bank's vibrant company culture and the opportunity for
professional growth, HR managers attracted a steady flow of talented applicants.
To retain employees, HR managers implemented a multifaceted approach. They recognized
that compensation and benefits were essential, so they ensured that XYZ Bank offered
competitive packages. However, HR's efforts went beyond monetary rewards. They
implemented a structured onboarding process to help new employees integrate seamlessly into
the bank's culture and operations. HR also facilitated regular training and development
opportunities, allowing employees to upskill and progress in their careers within the
organization.
Moreover, HR recognized the importance of employee recognition and engagement. They
introduced recognition programs to celebrate achievements and foster a sense of belonging.
These initiatives, coupled with a transparent and inclusive communication culture, contributed
significantly to employee retention at XYZ Bank.
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staffing levels with changing economic conditions.
Additionally, technological advancements were a significant factor. The rise of fintech
companies and the digitization of banking services prompted XYZ Bank to invest in digital
capabilities and adapt to changing customer preferences. HR managers oversaw the
recruitment of tech-savvy employees and implemented training programs to bridge digital skill
gaps.
Internally, organizational culture was a significant factor in XYZ Bank's development. HR
managers continually assessed the bank's culture to ensure it remained aligned with its
strategic objectives. This included fostering a culture of innovation, risk management, and
customer-centricity.
In conclusion, HR managers in the banking sector play a critical role in creating sustainable
performance, recruiting, and retaining top talent, and navigating external and internal factors
affecting organizational development. XYZ Bank's experience demonstrates the strategic
importance of HR in achieving sustainable success in a competitive and dynamic industry.
Assignment Activity and Guidance
In your role of human resource administrator one of your goals is to address these issues of
skills shortage and hard to fill vacancies in the organization you have been asked by your line
manager to undertake a review of HR practices and processes to produce a road map for
successfully strengthening the organizational talent management strategy.
The review will evaluate the strengths and weaknesses of human resource management to
critically evaluate factors that will contribute to decision making it is to be delivered as a
presentation that gives a clear vision and road map to success the priority objective is to
improve recruitment and employee engagement and motivation and to grow internal talent.
You will be reviewing internal practices and processes with a focus on recruitment and
selection and Internet influences on HRM practices to determine HR solutions for
strengthening the organization's talent management strategy.
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Recommended Resources
HN Global
HN Global (2021) Reading Lists. Available at:
https://hngIobaI.highernationals.com/Iearning- zone/reading-lists
HN Global (2021) Student Resource Library. Available at: https://hng oba
.highernationa s. com/subjects/resource-libraries
HN Global (2021) Textbooks. Available at: https://hng oba .highernationa
s.com/textbooks
Textbooks
Armstrong, M. and Taylor, S. (2020) Armstrong’s Handbook of Human Resource
Management Practice. 15th Ed. London: Kogan Page.
Leatherbarrow, C. and Fletcher, j. (2018) Introduction to Human Resource
Management. 4th Ed. Kogan Page.
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Learning Outcomes and Assessment Criteria:
Pass Merit Distinction
LO1 Explain the impact of the role of HRM in creating
sustainable organizational performance and contributing to business
success
P1 M1 LO1 and LO2
Explain the main areas of HRM Compare areas of HRM to create
in their contribution to creating sustainable organizational D1 Critically evaluate the
sustainable performance. performance. strengths and weaknesses of
P2 M2 HRM in relation to creating
Review the effects of the Examine HRM in relation to the sustainable organisational
changing nature of organisations changing nature of the modern performance and achieving
on human resources skills and business organisation. business objectives.
knowledge.
LO2 Assess the contribution of HRM in recruiting and retaining
talent and skills to achieve business objectives
P3 M3
Review relevant HRM practices Evaluate the use of
in relation to recruitment and HRM practices in
retention of employees for the recruitment and retention in
achievement of business relation to the importance of
objectives. the labour market.
LO3 Examine how external and internal factors can affect
HRM decision making in relation to organisational
development D2 Evaluate key factors
affecting HRM decision
making to make valid
P4 M4 recommendations.
Investigate the Discuss the key external
external and internal and internal factors that
factors that affect HRM affect HRM decision making,
decision making to using relevant organisational
support organizational examples to illustrate how
development. they support organisational
development.
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LO1
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operate.
Discuss the reasons behind the changes
Role of HR during the change and its impact on employee skills
and knowledge.
M2 Examine HRM in relation to the changing nature of the modern
business organization.
LO2
P3 Review relevant HRM practices in relation to recruitment and
retention of employees for the achievement of business objectives.
Students are required to achieve the following:
Explain the role of recruitment is achieving overall business
objectives
Discuss different recruitment strategies (internal and external
recruitment)
Explain the role of retention is achieving overall business
objectives
Evaluate 4 different retention strategies
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evaluate the impact of recruitment & retention strategies
on the omani labour market.
For example: training and development is one of the
retention strategies how this hrm practice plays a role in
enhancing the omani employee talent and link towards the
labour market to gain skilled labour to be the future omani
leaders!!!.
LO3
P4 Investigate the external and internal factors that affect HRM
decision making to support organisational development.
M4Discuss the key external and internal factors that affect HRM decision
making using relevant organisational examples to illustrate how they
support organisational development
Evaluate the role of HR and how they can overcome these challenges
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D2 Evaluate key factors affecting HRM decision making to make valid
recommendations
Expand on M3 in the keys internal and external factors, in context of, if the
decision is about how to allocate training resources, the HRM
professional would need to consider the skills and needs of the
workforce, as well as the organization's budget.
HRM professionals can make valid recommendations that are
aligned with the needs of the organization and its employees.
Conclusion:
D1 Critically evaluate the strengths and weaknesses of HRM in relation to
creating sustainable organisational performance and achieving business
objectives
Critically evaluate the strengths and weaknesses of HRM justify
your answer with proper references
Your opinion is required to conclude the paper and enhance the role
of HRM is organizations
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