Strategic Management of Human Resources Essay Example | Topics and Well Written Essays - 750 words

Strategic Management of Human Resources - Essay Example Therefore, the VEG should embrace strategic plans in ensuring active sharing of knowledge with and impacting skills of their members, in addition to aligning all members with a single objective in enhancing understanding and learning towards meeting its overall objectives. One of the most critical aspects that the VEG suffers from is lack of clear leadership that could set a clear strategy and objectives for the group. As observed, VEG has no business strategy that ties all the volunteers and the community together, and lacks a focus with which such strategy has to be aligned. This might suggest that every member contributes out of his/her own will with no clear strategy in making the contributions. Karamai, Jones and Kakabadse (2008) observed that development and implementation of well created business strategies led to improved effectiveness in firms and the industry as a whole. This could imply that organisations that design their strategic plans and operations towards a streamlined course of action achieve greater effectiveness in their operations. Therefore, as the HRM theory postulates, VEG has to ensure competent staff and a strategic human resource management body, which, alongside a strong strategic business planning, would guide the VEG towa rds achieving competitiveness and the set objectives (Fox, 2013). The HRM theory implies that human resource management has to design strong strategic plans that guide members in a common path towards attaining the specified goals. In this case, while corporate governance by itself may not guarantee a competitive advantage, failure to exercise the right governance may lead to failure of allocating the resources concerned in the right way (Barney, Wright & Ketchen, 2001). To ensure value to volunteers and encourage contributions, Aiekn et al. (2011) noted that the Localism Bill of 2007 entrusted communal based entities with more power to buy, develop and control assets. This could