How The Strategic Application Of Hr Practices Improves...

This paper will be examine how the strategic application of HR practices improves corporate success. I will outline what measures of success are impacted by the application of HR practices and explain how HR strategies affect operational, functional, and business strategies. I will use research to show the link that ties long-term business success to effective people management practices. Before I move into these elements it is important to understand what criteria is used to select the best places to work, what criteria is used to select Fortune’s Most Admired Companies, and how top domestic and international organizations leverage their HR strategy to help them maintain long-term success. Let’s dive into some of those questions in†¦show more content†¦Employees must trust the people they work for, have pride in what they do, and enjoy the people they work with (Wehner, 2015). This trust is established through management creditability, employees feeling r espected, and the extent that employee’s expect to be treated fairly. Additional criteria from the employee’s perspective is the level of camaraderie employees feel. From a manger’s perspective a great place to work is one in which they achieve organizational objectives by inspiring, speaking, and listening with employees who give their personal best by thanking, developing, and caring and work together as a team/family by hiring, celebrating, and sharing in an environment of trust (Wehner, 2015). This is the Great Place to Work model. This model serves as a guide and these standards relate to HR practices and have helped establish lessons learned for developing HR strategy and practices. Companies are finding that in order to establish a great place to work you have to focus on culture because ultimately trust breeds from the atmosphere and attitude established in your organization and strong culture is formed when that atmosphere is one that values the pe ople who perform the work. There are certain areas where great workplaces stand out above the rest. The criteria from the Great Place to Work Institute has brought focus on what successful companies do to manage their workforce and image. They hire well and understand