Work Based Report on Telstra Corporation Limited

Running head: WORK BASED REPORT
Work Based Report on Telstra Corporation Limited
Name of the Student
Name of the University
Author’s Note:

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WORK BASED REPORT
Table of Contents
1. Executive Summary...............................................................................................................2
2. Introduction and Background.................................................................................................3
3. Overview of the Organizational Department with its Impact and Key Stakeholder Groups.3
4. Proposed Initiative for addressing Legislative Risk and Desired Objective or Outcome......5
5. Benefits of the Proposed Initiative.........................................................................................7
6. Assumptions and Constraints of the Proposed Initiative.......................................................9
7. Risks to the Proposed Initiative..............................................................................................9
8. Proposed Implementation Technique and Method and Timeframe.....................................10
9. Conclusion and Key Findings..............................................................................................11
10. Recommendations..............................................................................................................12
11. Reference List....................................................................................................................13
12. Appendices.........................................................................................................................15
Appendix A..........................................................................................................................15
Appendix B..........................................................................................................................15

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WORK BASED REPORT
1. Executive Summary
The major objective of the report is to understand about strategic HR as well as its significant
strategies in the HR department of Telstra Corporation Limited. It is the most important and
popular telecommunications company for building and operating market voices,
telecommunication network, and pay off television, access to internet, mobile access as well
as any other service or product. Strategic HR management focuses on recruitment and hiring
of the best staff for providing them with benefits, training and development and
compensation that are required for making an organization successful. Strategic HRM
undertakes all types of responsibilities after alignment with the objectives of every distinctive
department and organizational goal. The organizational strategies are a measurable, specified
and obtainable collection of plans for involvement of several stakeholders. There are several
policies, decisions and actions, which guide any group towards the goals and vision of that
particular company. This report has properly described about strategic work force plan for the
organization of Telstra Corporation Limited with various details like impact on organization
and key stakeholder groups, proposed initiative as well as its desired outcome or objective,
advantages and probable risks of the initiative. Moreover, proposed implementation method
as well as timeframe for that initiative is also given here. The final part of the report provides
three distinctive recommendations for Telstra.

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WORK BASED REPORT
2. Introduction and Background
Strategic planning could be stated as an organizational activity of management, which
is being used to set priorities, to focus on resource or energy, to strengthen operations and
finally ensuring that the employees or other stakeholder is eventually working towards
common objectives, establishment of agreement for the intended results or outcomes and
finally assessing or adjusting organizational direction (Faculty of Business and Economics.
2012). Strategy mainly describes process of goals would be obtained by several distinctive
resources. The oldest leadership of any company is usually tasked with proper determination
of strategies and even as the pattern of activity. Strategy is responsible for including major
processes of formulation as well as implementation and hence helping in coordinating both.
This type of planning is extremely analytical and strategy formation includes synthesis
through strategy based thinking.
Telstra Corporation Limited builds as well as operates the telecommunication
networks, internet accessibility, mobile, market voice, pay television as well as any other
services and products. This following report will be outlining a detailed discussion on the
absence of human resource strategic approach for getting aligned to every organizational
strategic objective. The impact of lack of HR strategies on Telstra and its key stakeholder
groups would be provided in this report. Moreover, an initiative would be proposed and
benefits as well as risks related to that particular initiative will also be given here with a
proposed implementation method and timeframe. The final part of the report will be
providing few suitable recommendations to the organization of Telstra.
3. Overview of the Organizational Department with its Impact and Key Stakeholder
Groups
Telstra is the largest and the most popular organizations within Australia and they
have been giving services to their customers for last 47 years. The average revenue of the
company last year was 26 billion Australian dollars and that of operation income was 6.3
billion Australian dollars. More than 40000 employees are working in the organization and
they have always focused on their unique leadership style. Hence it has been extremely
common for them to maintain a subsequent organizational structure. The human resources
department of this popular organization is responsible for functioning within the company for
dealing with various people and issues that are solely related to organizational members like
recruitment of people, performance management, organizational development, organizational