Business Partner Services:Developing effective HR systems and helpingimplement business plans,talent management• Emphasis: Knowing thebusiness and exercisinginfluence—problem solving,designing effective systems toensure needed competenciesexplain this in simple wording

In some companies the HR department advises top-level management; in others the HR department may make decisions regarding staffing, training, and compensation after top managers have decided relevant business issues.One way to think about the roles and responsibilities of HR departments is to consider HR as a business within the company with three product lines.Administrative Services and Transactions: Compensation, hiring,and staffing• Emphasis: Resource efficiencyand service qualityBusiness Partner Services:Developing effective HR systems and helpingimplement business plans,talent management• Emphasis: Knowing thebusiness and exercisinginfluence—problem solving,designing effective systems toensure needed competenciesStrategic Partner:Contributing to businessstrategy based onconsiderations of humancapital, business capabilities, readiness, and developingHR practices as strategicdifferentiators• Emphasis: Knowledge of HRand of the business,competition, the market,and business strategiesExplain this in simple words

Strategic Role of the HRM FunctionThe amount of time that the HRM function devotes to administrative tasks is decreasing, and its roles as a strategic business partner, change agent, and employee advocate are increasingA shared service modelis a way to organize the HR function that includes centers of expertise or excellence, service centers, and business partners.8 Centers of expertise or excellence include HR specialists in areas such as staffing or training who provide their services companywide. Service centers are a central place for administrative and transactional tasks such as enrolling in training programs or changing benefits that employees and managers can access online.Self-service refers to giving employees online access to, or apps which provide, information about HR issues such as training, benefits, compensation, and contracts; enrolling online in programs and services; and completing online attitude surveys. The shift to self-service means that HR can focus more time on consulting with managers on important employee issues and less time on day-to-day transactional tasks.Outsourcing refers to the practice of having another company (a vendor, third party or consultant) provide services. The most commonly outsourced activities include those related to benefits administration (e.g., flexible spending accounts, health plan eligibility status), relocation, and payroll. The major reasons that company executives choose to outsource human resource practices include cost savings, increased ability to recruit and manage talent, improved HR service quality, and protection of the company from potential lawsuits by standardizing processes such as selection and recruitment.12 ADP, Hewitt, IBM, and Accenture are examples of leading outsource providerskindly explain this in detail with each example

Traditional HR focuses primarily on:Answer areaStrategic partnershipsCreating a competitive advantageLong-term planningAdministrative tasks

How do organizations achieve alignment between business strategy and HR strategy?By separating HR functions from business operationsThrough constant communication and collaborationBy focusing solely on profitabilityBy avoiding long-term HR planning

One of the main objectives of HRM is to enhance __________ among employees.Answer areaFinancial investmentMarketing knowledgeJob satisfactionTechnological skills