Managing Human ResourcesManaging the human resource help the organization to manage the man power in the organization by giving effective training to the employees. MHR assists the business to increase the efficiency of the employees by motivating with the help of various means. Ascari Cars is the British automobile organization that is headquartered in Banbury, Oxfordshire, England, and United Kingdom. Ascari Cars is the multinational organization that manufacture car for the customers. The study identifies the Guest’s model of HRM that is applied in the organization and compares the differences between Storey’s definition, personnel and IR practices.Performance ManagementPerformance management helps the management to identify the performance of the particular employee in the organization. It is the way to measure the actual performance of the employee in the organization. Ascari adopts various methods to measure the performance of the individual employee in the organization like 360 degree feedback, performance appraisal etc. In order to improve the performance of the employee in the organization management adopts different techniques like monetary and non-monetary benefits etc. Performance management is the liability of the hr manager in the organization and helps the business to increase the performance of employee in the business. Performance management is the liability of the business to that facilitates the organization to review the overall performance of the departments. In order to improve the performance of the employee in the organization gives the appraisal to the employees thus they are able to retain them with the business and may get the expected return. Reward management is another policy of the business that helps the manager to keep the employees motivated and energetic towards the work. In order to collect the feedback of the performance of the employee management adopt the 360 feedback policy in the organization by which management can easily get the review of individual performance in the organization.The Approaches Used To Managing Employee Welfare in Ascari CarsOrganization used various approaches in order to keep the employees healthy and safe. It is the best to protect the employees from the unwanted danger and try to build the trust of the employees in the organization. As per the guidelines of the National Institute for Health and Clinical Excellence management should adopt those kind health policies that inform the top management about the health of the employees in the organization. It is the duty of the management to conduct the routine checkup of the employees in the organization and report it to the top management. The guidelines of the NICE that organization should identifies the problems of the employees in the organization and also keep them updated with the regular health checkup. Health program in the organization must be conducted thus all the employees may get the information about their health. This program assists the hr manager to reduce the mental burden from the employees and provide them flexibility to work. It may reduce the unwanted accidents from the organization and protect the employees from the mental tensions.Implications of Health & Safety Legislation on HR PracticesHealth programs in Ascari may provide safety provision to the employees and give regular health suggestions to the employees. The implication of the health and safety legislation in the organization may assist the business to win the trust of the employees. With the help of this kind of programs management may reveal information about the various diseases in the organization. The program helps the business to maintain the health and safety features at manufacturing place. For example management provide the safety features at the work place like fire extinguisher, emergency exit etc. It is a liability of the manager in the organization that maintains the health practices at the work place. For instance in prediction department various number of engineers work and heavy blog of steel come over their so management put the CCTV cameras over their if any engineer com in the range of danger security guards announce that keep yourself aside from the danger zone. This kind safety implication is implemented in the Ascari Cars.The Impact of another Topical Issue on Human Resources PracticesThe impact of technology affects the organization in positive and negative way both it may give the growth to the business it may make the business dependent. The technological support provides high growth to the Ascari Cars on the other hand in the absence of technology the production unit is not able to design the cars. Another impact of the topical issue is e-recruitment due to only hiring management is not able to hire the candidates in the organization and always focuses on the applied candidates in the organization. It is the biggest issue of the online hiring in the organization. Flexible working makes the employees lazy thus they are not able to perform as per the requirement of the task and it may affect the development of the business. In order to improve the performance of the employees management has to identify the qualification of the employee but due to e-learning all the employees are able to perform well. So it can be said that technology provides way to hire the employees in the organization but quality employee are not available on the e-recruitment.

Asset management software developed by various IT companies comes handy for managing efficiently the assets of businesses and individuals. For any organization, old or new, to function smoothly and efficiently asset management is extremely important. One can define an asset as anything owned by an individual or company that has an exchange value either in the present or in the future. Some examples of assets are land and buildings, machinery, inventory, stocks and shares, bank deposits, Bonds, goodwill, liquid cash etc.Some of these assets depreciate due to age or inflation and this will decrease the real value of an asset. The objective of any individual or company is to ensure that the value of these assets always increase by proper planning of the investment. Hence, there is need to manage these assets carefully and efficiently. A human being has the ability to manage the assets on his own; however there are limitations because of the increase in volume of assets that require handling by individuals. In such situations the computer is of great assistance. Nowadays, free asset management software is also available which saves time and effort for the company or the individual trying to manage assets.Individuals and companies have been making investments over a period of time; they have in their possession a large number of assets and these assets have to be managed properly. Tracking of these assets in terms of physical location, current value, maintenance schedules, replacement, portfolio changes etc. has to be done on a regular basis. In earlier days this task was assigned to professionals; however because of the volume of assets involved is large a lot of time and money was spent on manually doing these jobs. Nowadays, asset management software has reduced the human effort to a large extent. The free software available in Internet is error free and more efficient than manual work.For effective functioning any company or business requires a certain quantity of inventory which must be maintained at all times. The inventory can be in the form of raw materials, finished goods, bought-out and subcontracted components, work in progress etc. These inventory items must be tracked for efficient running of the business. Large businesses carry more inventory than small businesses. Since the inventory is an investment made for the future of the company it is an asset and requires management. Too much inventory on hand wastes money, too little on hand will cause production slow downs. So inventory must be carefully controlled and managed for a company to obtain maximum profitability. Today there is a large amount of free asset management software available in the market which can be used for creating the inventory assets database and used for the smooth functioning of the organization.Modern companies use a large number of computers and their accessories in their businesses which are IT assets. They are expensive and require asset management. Again, free asset management software is available which is efficient in handling software/ hardware inventory and also allows networking between units. The networking module keeps track of the hardware such as personal computers, servers, printers, and scanners etc. that are in the computer network of the organization. This software is suitable for use with RFID (Radio Frequency Identification) technologies which facilitate automatic identification of inventory assets. This technology depends on storing and remotely retrieving data using devices called RFID tags or transponders.Because of the increase in accuracy and the requirements for less human effort there has been considerable increase in the usage of the asset management software which results in time saving and cost reduction for the company or individual.