Holistic Approach to Stakeholder Management †MyAssignmenthelp

Question: Discuss about the Holistic Approach to Stakeholder Management. Answer: Introduction Effective human resource management plays a pivotal role in the success of any business. An HR manager this bestowed upon with various responsibilities including hiring competent people, managing their performance, providing feedback, ensuring employee motivation, creating a positive work environment and ensuring fair compensations for all employees (Hendry, 2012). An effective HR manager must possess the right skills set to ensure that the employees are motivated and perform to the best of their abilities. Model of excellence by AHRI has been developed to demonstrate the 7 key abilities that an excellent HR manager must possess (Ulrich et. al., 2015). This report attempts to highlight three of these seven capabilities and their importance in an organization. Evidence of these capabilities in personal life have also been provided. Model of excellence AHRI has adopted a model of excellence which demonstrates capabilities that an excellent HR manager must possess. It is a graphical representation that combines what HR practitioners do and what they are expected to do. The representation also highlights 10 behaviors that were confirmed as essentials for HR practitioners (Rola-Rubzen, Burgess, Liu, 2016). The three capabilities that will be highlighted in the following part of the report are Business driven, workforce and workplace designer and stakeholder mentor and coach. The Business driven capability of an HR executive is the ability to understand organizational context and objectives. It is imperative that an HR manager identifies with and understands organizational goals as well as the needs of all the stakeholders associated with the business (Bratton Gold, 2017). An HR manager forms the root for all the human resources of an organization. Therefore it is essential that the HR manager is business driven and has clear insights about organizational goals, plans and performances. An important role of a business driven HR executive is to be able to provide competitive advantage to the organization recruiting and managing competent people within the business. The HR must also be able to respond to internal and external influences that are likely to impact the workforce (Boxall Purcell, 2011). This ability of an HR manager is important to ensure increased productivity and rest assured that the HR manager is in line with the organizations long term goals. A business driven HR manager would also ensure that employees of the business have clear insight about the business are can relate to the business goals. I believe I possess that capability as I have some experience of working in teams as well as leading them. As a leader, I have always been business driven and I strongly believe that some ends justify every means. I also try to keep myself aware of all the processes within the organization and put efforts to align my goals to business goals. Feedback from my previous work experiences can also provide evidence of my ability to be business driven. Workforce and workplace designer This capability of an HR manager highlights the ability to design the workforce in a manner that sustains capable workforce. One of the most unique requirement of an HR manager is the managers ability to create a positive and productive workplace environment within the organization (Anitha, 2014). This capability of an HR manger is important to the business and this will ensure that job designs and roles defined within the organization are aligned with organizational goals. An HR manager who is also capable enough to design workforce and workplace would put efforts in attracting and retaining competent employees in the organization in order to build a strong workforce in the longer run. Employee motivation is an important factor of an HR manager in the organization (Daniels, Tapscott Caston, 2011). It is therefore important that an HR manager possess the right skills set to motivate employees and keep them engaged within the business. In order to ensure that the workforce recruited at an organization is not only competent but also strongly bonded and engaged within the organization along with an increased sense of ownership for the business, the HR manager must be a workforce and workplace designer. I have always been an extrovert person and I try to maintain and build a positive atmosphere around me in my personal and professional life. I have always ensured that employees are motivated and believe in an open door policy. Through my competent communication skills, I can work towards motivating employees and addressing their grievances in an effective manner. Feedback from my previous managers can provide evidence for the same. Stakeholder mentor and coach This approach of an HR manager ensures building and fostering positive and mutually beneficial relationships with the key stakeholders of the organization. Engagement with stakeholders is extremely crucial to the success of any business (Smudde Courtright, 2011). Therefore it is pivotal that the HR manager develops and maintains effective partnerships and networks inside as well as outside the organization that would assist in delivering required HR solutions. These HR managers must be able to build trust and maintain trust of these stakeholders by ensuring transparent and open communication with them (Dutton Ragins, 2017). This stakeholder mentor and coach approach of an HR manager is necessary for an organization to build a strong support system for the business that would result in mutually beneficial long term relations. This would help the business in enhancing productivity as well as putting efforts towards building a strong workforce. Previous reports from stakeholders can be used as an evidence to demonstrate this capability. I have always understood the importance of building long term relationships with people. I also try to make that additional effort in connecting with people outside the business in order build trust with stakeholders. Conclusion Human resource manager is bestowed upon with various responsibilities and they play a crucial role in the growth of an organization. Therefore it is imperative that they possess the right skills set in order to build a strong team of people who are focused towards achieving organizational goals. In order to achieve the same, an excellent HR manager must be business driven, build long term relationships with all stakeholders of the business and also ensure creation of a positive working environment. These capabilities would lead to increased satisfaction of employees and increased productivity of the firm. References Anitha, J., 2014. Determinants of employee engagement and their impact on employee performance.International journal of productivity and performance management,63(3), p.308. Boxall, P. and Purcell, J., 2011.Strategy and human resource management. Palgrave Macmillan. Bratton, J. and Gold, J., 2017.Human resource management: theory and practice. Palgrave. Daniels, A.C., Tapscott, D. and Caston, A., 2011.Bringing out the best in people. Findaway World LLC. Dutton, J.E. and Ragins, B.R. eds., 2017.Exploring positive relationships at work: Building a theoretical and research foundation. Psychology Press. Hendry, C., 2012.Human resource management. Routledge. United Kingdom. Rola-Rubzen, M.F., Burgess, J. and Liu, Y., 2016. 14 Concluding thoughts.Human Development and Capacity Building: Asia Pacific Trends, Challenges and Prospects for the Future, p.249. Smudde, P.M. and Courtright, J.L., 2011. A holistic approach to stakeholder management: A rhetorical foundation.Public Relations Review,37(2), pp.137-144. Ulrich, D., Brockbank, W., Ulrich, M. and Kryscynski, D., 2015. Toward a Synthesis of HR Competency Models: The Common HR" Food Groups".People and Strategy,38(4), p.56.