Major Theoretical Perspectives of HRM

Analyse major
theoretical
perspectives of
HRM

Table of Contents
INTRODUCTION ..........................................................................................................................3
MAIN BODY .................................................................................................................................3
Impact of various internal and external contextual factors on role of HR, HR strategies and
practices .....................................................................................................................................3
Evaluation of HR function in different organisational situations contribution of HR function
in change management and organizational success....................................................................5
Impact of vertical and horizontal strategical alignment of HR strategy on performance of firm
....................................................................................................................................................6
CONCLUSION ..............................................................................................................................9
REFRENCES ................................................................................................................................10

INTRODUCTION
Human resource management is an indefensible part of an organisation as it assists the
company develop skilled and talented workforce which conducts various organisational
operations effectively. This helps the company secure advantageous position in their industry by
producing high quality goods and services for their consumer base which enhances sales,
profitability and reputation of the corporation. The business entity selected for this report is
British technology firm Dyson which operates in 65 international markets and offers a diverse
range of electrical products which include blade-less fans, lighting, hair products and many
others. This report includes analysis of various internal and external contextual factors which
impact role of HR, HR strategies and practices. Evolution of HR is provided in this report with
it's contribution in business success and change management. Vertical and horizontal alignment
of HR strategy is assessed in this report.
MAIN BODY
Impact of various internal and external contextual factors on role of HR, HR strategies and
practices
Background of the company: Dyson is UK based technological firm which operates in
the industry of Household appliances. The firm was founded in the year 1991 and has currently
employed more than 12000 workers to conduct various business activities. The revenue of the
firm increased by 23% in the year 2020 to 5.4 billion pounds . Currently the organisation is
moving their international headquarters to Singapore and is focusing on entering developing
economies in Asia because of the EU/UK restrictions caused by rising political tension between
EU and UK.
Role of HR
HR conducts various roles in order to develop and retain a talented workforce for the
company. The main role of HR is to develop and retain talented workforce, supervise effective
management of employees and ensure maximum employee satisfaction to enhance productivity
and profitability of the company (Anisimov and et. al., 2017). HR division at Dyson utilises
various HR practices and implements requirement of employee legislation to create highly
productive workforce for completion of various business objectives of the company.