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Summary HRM591: Week 2 - Critical Thinking Paper One
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  • Course
  • HRM591 (HRM591)
  • Institution
  • Devry University, Keller Graduate School Of Management
  • Book
  • Strategic Human Resource Management

Working individually, students should complete the "Critical Thinking" questions at the end of the three assigned chapters ( 1,6 & 11). These assignments are designed to incorporate the three unifying concepts of this course. These are 1) a "Human Capital" point of views. vs. a traditional Personne...

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  • Yes
  • April 20, 2021
  • 10
  • 2020/2021
  • Summary

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  • hrm591
  • strategic human resource management 62056

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Running head: WEEK 2: CRITICAL THINKING PAPER ONE 1




Week 2: Critical Thinking Paper One

Student Name:

Keller Graduate School of Management

Submitted to:

HRM591

November 8, 2019

, WEEK 2: CRITICAL THINKING PAPER ONE 2


Week 2: Critical Thinking Paper One

1. Why do senior managers often fail to realize the value of human assets vis-à-vis other

assets?

Human resource is the most critical item in an organization in terms of determining

organizational success. All of the assets of any organization, employees contribute to 80% of the

total value gained. However, when evaluating the value of assets, employees are often included

as part of the total value. This is because evaluating the value of the human asset is subjective

hence challenging to measure (Mello, 2015). Senior managers do not realize the value of a

human asset because most organizations focus on non-human assets, returns, and product

performance. Senior managers forget that the overall success of their firms relies on the efforts

and the willingness of each employee to work.

There are universally accepted metrics for evaluating the value of the human asset. As a

result, senior managers are usually incapable of noticing the value employees add to a company.

Organizational performance is often measured in terms of productivity and performance, which

then determines the rewards and recognition given to employees. The only disadvantage of this

approach is that it does not appreciate real-time value, and this has a ripple effect on the

motivation of employees. However, the society of Human Resources is developing metrics that

would be used to determine the value of human assets and how they contribute to organizational

performance (Mello, 2015).

2. Why do line managers often fail to realize the value of human assets vis-à-vis other

assets?

Line managers work to implement organizational strategies set by senior managers.

While management requires the integration of personal skills and conformance to standards of

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