This paper is an analysis of the Oman Oil Company. The Strategic Human Resource Management will be analyzed to get a clear insight on how the company seeks to get the best from its workforce for the company to achieve unparalleled success.
For any company to achieve success, it needs proper policies and cultural background that would define its operations. In this way, the company or business organization will have a structured way of doing things that ensure the maximum output which will, in turn, translate to business growth and development. One of the key aspects of any business organization is the human resource management culture and policies. The way a company treats its workforce will have a significant bearing on the direction the company will take.
The employees are key stakeholders that should be considered at every step of the management process. They are the ones that perform the daily activities, meet with customers, and produce goods and services that are sold by a company. Therefore, neglecting their needs can make the company fall. Since the employees are such a crucial piece in the success of a company or business entity, a company will be better placed ensuring that they get the right type of employee during the recruitment process. This will ensure that the company gets people that are motivated to work to ensure that the organization gets to meet its vision and goals.
Table of Contents
- Understanding Strategic Human Resource Management (SHRM)
- The Purpose of human resource management policies in organizations
- Oman Oil Company
Objectives and Key Themes
This paper examines the Strategic Human Resource Management (SHRM) practices at Oman Oil Company, analyzing how the company aligns its business objectives with human resources to achieve success. It explores the key components of SHRM, including the importance of treating employees as assets, the role of planning in HR practices, and the strategic use of human resources to gain a competitive advantage.
- Strategic Human Resource Management (SHRM) and its importance for organizational success
- The role of human resource management policies in fostering a positive and productive work environment
- The strategic use of human resources to achieve competitive advantage
- The impact of SHRM on employee motivation, productivity, and overall organizational performance
- The case study of Oman Oil Company and its implementation of SHRM principles
Chapter Summaries
- Understanding Strategic Human Resource Management (SHRM): This chapter provides a comprehensive definition of Strategic Human Resource Management (SHRM) and its significance in contemporary organizations. It explores how SHRM differs from traditional Human Resource Management (HRM) and highlights the crucial role of aligning business objectives with human resources to drive innovation, productivity, and overall performance.
- The Purpose of human resource management policies in organizations: This section delves into the importance of human resource management policies within organizations. It explores how these policies provide frameworks for consistent actions and decisions, promote equity in employee treatment, and demonstrate the organization's commitment to diversity, ethical considerations, and training. The chapter also highlights the role of these policies in establishing standards of behavior, obligations, and disciplinary procedures, ensuring clear expectations for employees.
- Oman Oil Company: This chapter introduces Oman Oil Company, a national petroleum company established in 1996. The chapter highlights the company's focus on oil refining, power generation, infrastructure, energy transportation, and petrochemical manufacturing. It also emphasizes the company's significant role in promoting diversity in the Omani economic sector and attracting foreign investment.
Keywords
Strategic Human Resource Management (SHRM), Human Resource Management (HRM), Oman Oil Company, organizational performance, employee motivation, productivity, competitive advantage, human resource policies, diversity, ethical considerations, training, employee treatment, equity.
- Quote paper
- Joseph Kariuki (Author), 2022, Strategic Human Resource Management at Oman Oil Company, Munich, GRIN Verlag, https://www.grin.com/document/1172318