Human resources management Essay Example | Topics and Well Written Essays - 1500 words

Human resources management - Essay Example In order for effective strategic planning to take place, both risk and uncertainty must be categorized and classified. Merely because it is not known what might come of a certain situation, decision, or action, this does not provide the leader, or leadership team with an effective excuse for not at least considering some of the likely externalities that might come out of a given situation (Kim 65). For instance, if a particular individual within leadership, or 18 of individuals within leadership, are distinctly aware of a potential risk that they face, they would be patently foolish to ignore the risk and not focus upon the means by which they can prepare for the eventuality that all of the possible outcomes may portend. Some of these might be negative, some of these might be positive; however, regardless of whether they are positive or negative, it is necessary for the individuals within leadership to at least planned for them so that when they occur the maximum amount of utility ca n be gained from whatever eventuality presents itself. The decision-making process cannot and should not be understood as something that is undifferentiated from the individual to the group. What is meant by this is that an individual making a decision necessarily engages in the process in a far different way than does the group seeking to make a decision. All too often, leaders within a particular management team are of the opinion that an individual decision must be made in far too many circumstances (Klinke & Ortwin 275). However, the fact of the matter is that employees/stakeholders, are not only their two perform useful work; they are also there to leverage upon their own decision-making and encourage their participation within the decision-making process. As such, the individual decision-maker would rely upon the accident information and personal experience that he or she might have with regards to solving a particular situation. Leadership is not something that can be effecti vely performed utilizing either a firm understanding of one or the other aspect of risk or uncertainty. Rather, it is necessary for a true leader to be well rounded in the strategic planning for both of these factors. By allowing for a well balanced approach that considers the means through which both risk and uncertainty plays into the expectations for success and threats of failure that integrate with the future of the firm. Whereas it is tempting for an individual to rely upon a given focus to a greater or lesser degree, the more appropriate response is to allow for strategic planning to take place in a well nuanced manner; fully mindful and cognizant of the degrees to which strategy and planning are part and parcel of the role that any leader and/or effective manager must engage. By comparison, a leader within a group would have the possibility and likelihood of drawing upon the inputs of the stakeholders as a means of making a well-informed and dynamic decision. Neither approac h is correct or effective in each and every situation; however, from an analysis of the existing documentation and a integration with the information that is thus far been presented course, it is the understanding of this particular student that the group