H4.3 Human Resources Processes

Business Studies is awesome.

The HR process is a continuous cycle where each stage occurs concurrently as internal requirements for human labour change in the firm.

Internal change is inevitable. Employees can separate from the firm, forcing HR to commence the cycle in filling the role. Continual change in employees within a business is a modern reality; however, undertaking the cycle is expensive. The more you can retain workers, the less expensive it is for the firm (lower costs) and the more business culture and workplace satisfaction can be built and retained..

As external conditions change, this forces the firm to either increase (for growth opportunities) or decrease (in response to unforeseen events) the number and type of roles within a firm.

Human Resources departments need to monitor their performance across key metrics / Key Performance Indicators. 

This evaluation of the effectiveness of HR practice at different stages of the HR cycle will highlight deficiencies / areas to improve. 

This then informs the control function - use of specific and targeted HR strategies as corrective measures to improve the performance in these metrics / KPI.