Review and Critically Evaluate the Relevance and Contribution of HR to Essay

review article and Critically Evaluate the Relevance and Contribution of HR to Organisational Success and Effective Change Management - bear witness ExampleArmstrong defines human resource worry as a strategic and coherent approach to the management of an presidential terms most valued assets the people working there who individually and collectively establish to the achievement of its objectives (cited in Stolt, 2010, p.2). This paper will critically evaluate the relevance and contribution of HR to brassal victor and effective change management. Contribution of HR to organisational success In the todays competitive descent environment, HR plays a pivotal role in determining the organisations operational strength and profitability. As Wright (2003) believes, many of the corporate scandals over the terminal few decades can be attributed to the failure of HR. A number of studies have indicated that HR evidently contributes to organisational success. Importance of dish secto r has been steadily increasing for the last two decades and hence the economy tends to be more service based. Hence, it is essential for organisations engaged in service sector to keep their workers motivated and productive. According to Valencia (n.d), there is a close connection between employee pauperization and employee productivity. Studies point that financial incentives and other employee benefits are the best ways to keep employees motivated. A firms HR management deals with all types of employee benefits including healthcare, retirement, dependent care, college tuition, and worksite accident claims (NC Department of Health and Human Services, 2012). In admission to employee benefits that are mandated by law, organisations voluntarily provide their employees with some additional benefits. For this purpose, HR managers explore employees actual family demand and thereby make the firms employee benefits packages flexible enough to help the company save bullion (Reference fo r Business, 2012). Even in manufacturing and traditional industries, competitiveness has become one of the major determinants of organisational success and therefore firms in these sectors frame strategies that facilitate economic and effective use of their resources. It is evident that human capital is the most essential resource of an organisation and hence effective HR strategies would assist the firm to make its employees more productive. change magnitude productivity would directly contribute to an increase in revenues and thereby profitability. In the view of Cohen et al (n.d), HR is a better strategy to ensure the firms long term sustainability. Evidences suggest that improve HR would be beneficial for an organisation to eliminate unnecessary costs resulting from production wastage, employee motivation programs, and stringent sequence of quality checks (The Strategic Human Resource Management Model, n.d). HR system aids an organisation to ensure that its training programs are designed on the basis of focused and topical methods (Management study guide, n.d). debutante (2006) opines that effective human resource management may be a potential way to win employee creativity and thereby seize more expansional opportunities. When an employee is allowed to use his creativity, he may get the feeling that it is my organisation and such an employees view would directly contribute to organisational productivity. In order to ensure organisational su