Week 5 Discussion

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ManagingHRinSmallEntrepreneurialFirms-HRM6999-CapstoneinHumanResourceManagementSU01.pdf

Managing HR in Small Entrepreneurial Firms

An important function of a manager’s role is employee relations, especially ethics and justice, dealing with managing HR in small and entrepreneurial �rms. Small businesses have special HRM needs and are required to know about HRM in running the business. The main topics we’ll address include the small business challenge; using the Internet and government tools to support the HR effort; leveraging small size with familiarity, �exibility, fairness, and informality; using professional employer organizations; and managing HR systems, procedures, and paperwork.

Challenges of HR Managers in a Small Firms

Working in a small �rm requires managers to wear many hats. Delegating is the most logical method to have a peace of mind, remain organized, and hold conversations with employees to do a good job. Some of the challenges include making sure that you understand technology and that there is adequate compliance for recruiting, hiring, structure, quali�cations, job descriptions, training programs, compensation and bene�ts, rules, polices and guidelines, governmental regulations, safety, and discipline.

Types of Employee Training

Technical or Technology Training Quality Training

Confidence in Managing the HR Functions of the Firm

Skills Training Soft Skills Training

Professional and Legal Training Team Training

Managerial Training Safety Training

There’s a common business saying, “You’re only as good as the people you hire” (Ray Kroc).

If it wasn’t stressed upon in personnel planning, recruiting, and employee testing and selection, the key to an effective HR function is hiring the best people, offering competitive pay and bene�ts, and bringing them to speed quickly. Staff training is very important to reduce turnover.

A small business can create and capitalize on their strengths by being �exible and informal and by communicating clearly and keeping the staff safe and happy. It can also improve retention through diversity, fairness, strong employment policies, and measuring employee’s performance for optimal productivity results.

Know the Law

Regardless of what role or function one has in the workplace, it is critical to know the laws of your state.

Additional Materials

From your course textbook, Human Resource Management, review the following chapter:

Managing Human Resources in Small and Entrepreneurial Firms

From the South University Online Library, review the following articles:

Smaller Firms Turn to Outsourcing as Way of Managing HR, Staff’s Needs (https://www.thecampuscommon.com/library/ezproxy/ticketdemocs.asp? sch=suo&turl=http://search.ebscohost.com/login.aspx? direct=true&db=ofm&AN=510451784&site=eds-live)

Performance, HR Practices, and the HR Manager in Small Entrepreneurial Firms (https://www.thecampuscommon.com/library/ezproxy/ticketdemocs.asp? sch=suo&turl=http://search.ebscohost.com/login.aspx? direct=true&db=ent&AN=23327362&site=eds-live)

Challenges Facing Small-Firm Manages in Growing Manufacturing Firms (https://www.thecampuscommon.com/library/ezproxy/ticketdemocs.asp? sch=suo&turl=http://search.ebscohost.com.southuniversity.libproxy.edmc.edu/login.aspx? direct=true&db=edo&AN=110727301&site=eds-live)