ABC Finance: Human Resource Information System Coursework

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Implementation of human resource information system is one of the major problems facing many organizations due to managerial challenges. While managing human resource information system has become a strategic step in enhancing competitiveness of businesses, aspects such as the cost of establishing and running an information system is high. Hossain (2012) posits that managers at ABC Finance view initiating the project as a costly step which requires proper planning and allocation of funds.

Another challenge facing managers is rapid changes in the development of new technology. Most businesses may not be well versed with such applications and which may require training of workers to assist in full implementation. Since its inception in the 1950s, the human resource information system has gone through tremendous changes from basic processes to complicated computerized systems. Managers at ABC Finance are faced with the challenge of integrating the various new computer applications with self contained, broad based and rich HRIS. One major challenge of implementing human resource information system is the nature of the third generation technology (Bao & Analoui, 2011). The process of implementing HRIS by ABC Finance will require the use of web-based enabled technologies.

While human resource information system will be important for the company in carrying out research technologies, recruitment of applicants and management of financials, managers will have to overcome the challenge of establishing better internet connection which may be costly. Establishing an effective intranet will be imperative in ensuring that knowledge and information within ABC Finance reaches workers and connects various departments within the organization.

References

Bao, C., & Analoui, F. (2011). An exploration of the impact of strategic international human resource management on firm performance: the case of foreign MNCs in China. International Journal of Management and Information Systems, 15(4), 31- 40.

Hossain M. (2012). Human resource management practices and employees’ satisfaction towards private banking sector in Bangladesh. International Review of Management and Marketing, 2(1), 52.

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IvyPanda. "ABC Finance: Human Resource Information System." July 24, 2022. https://ivypanda.com/essays/abc-finance-human-resource-information-system/.

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