internal influences

• What are some examples of internal influences on HR?

  • Management style
  • Business values
  • Motivation schemes
  • Salary's/bonuses
  • Supportive business culture
• Internal influences are factors within a business that can impact decision making and operation specifically related to human resources
• The internal factors include; corporate objectives, operational objectives, marketing strategies and financial strategies
• Some examples of corporate objectives?

  • cost minimisation
  • market growth
  • maximise shareholders returns
  • increased competitiveness
• What are some examples of operational strategies?

  • introduction of new technology which can lead to new training programs and redundancies of those who can't use tech
• Examples of marketing strategies?

  • new product development - changes to organisational structure, recruitment
• What are some examples of financial strategies?

  • allocating capital expenditure
  • cutting budgets
  • implementing profit centres
  • increasing ROCE