Factors Impacting Business and HR Functions at Tesco: A Comprehensive Analysis

Business Issues and
the Contexts of
Human Resources
INTRODUCTION...............................................................................................................................3
TASK 1.................................................................................................................................................3
1.1 Assess a range of different factors which impact on an organisation’s business and its HR
functions............................................................................................................................................3
TASK 2.................................................................................................................................................4
2.1 Analyse the forces shaping the HR agenda..................................................................................4
2.2 Compare tools for analysing the business environment...............................................................5
2.3 Explain key stages in strategy formulation and implementation and the role of HR....................6
2.4 Examine HR’s contribution to business ethics and accountability...............................................8
TASK 3.................................................................................................................................................9
3.1 Evaluate business performance and role of HR in business planning and the change
management agenda..........................................................................................................................9
3.2 Assess and utilise different sources of business and contextual data for planning purposes......10
CONCLUSION..................................................................................................................................12
REFERENCES..................................................................................................................................13

INTRODUCTION
Human resource is the division of business which is charged with screening,
recruitment, training of job applicants, administering employees benefit programs and many
more. In addition to this, Human Resources play essential role in assisting companies which
are dealing with fast-changing business environment as well as greater demand for quality
staff. In simple term it can be said that HR is important division of company which play
essential role in accomplishing desired goals and objectives. Moreover, there are numerous
business issues in relation of Human Resource and it is important to manage these in proper
manner. This report is based on Tesco which is part of retailing industry founded in 1919 and
its founder was Jack Cohen. They are serving in UK, Ireland, India, South Korea, Czech,
republic, Slovakia and Hungary as well as it is headquartered at Welwyn Garden City ,
Hertfordshire AL7 1GA, England.
Report will be going to assess range of distinct factors that impact on company and its
HR function. It will analyse the forces which shape Human Resource agenda as well as
compare tools for analysing business environment in proper manner. Furthermore, key stages
in strategy formulation and implementation of HR role and responsibilities will discuss.
Moreover, contribution of HR will be elaborate in relation of business ethics and
accountability. Along with this, end section of report will be going to evaluate business
performance and role of HR in business planning and the change management agenda.
Moreover, it will assess and utilise different sources of business and contextual data for
planning purposes.
TASK 1
1.1 Assess a range of different factors which impact on an organisation’s business and its HR
functions
Human resource is important division of an organisation and there are several functions
which played by HR department in organisation such as recruitment, selection, training of
employees, planning, induction and several other. But there are numerous factors which
impact on performance of organisation as well as HR function. It is important for an business
firm to determine these factors in effective manner and there impact also because these may
have both positive as well as negative impact. Explanation of these in relation of Tesco are as
follows :-

 Budget – It is important for organisation as well as Human resource division to
conduct work in after preparing budget because it have wide impact on there
performance. Moreover, viewing Human Resource as non-revenue generating
division may result in low budget allocation for HR activities. Although, with some
more money for training and recruiting, retaining good staff may be difficult.
Business firm can also select to outsource several functions like payroll, resulting in
loss direct control to payroll procedure. In simple term it can be said that, Tesco have
to prepare flexible budget which can get change as per the requirement because
exceeding expenses may result in negative impact on performance of business.
 Senior leadership – Human Resource department of company set policies which are
based on inputs of senior management. But in case senior management believe that
Human Resource professional don’t have knowledge about budget, finance,
operational issues as well as Hr may the last to know about implementation of
policies. Thus, attempts from Human Resource for involving within decisions may
affect process and policies which sometimes can be ignored. Leaving Human
Resource to enforce policies which may give negative impact on morale of
employees.
 Advancement in technology – This factor has wide impact on both organisation
performance as well as Human Resource function. Because advancement result in
several modifications as training is required for staff members so they will be able to
work on latest technology. In addition to this, HR manager also have to implement
changes in there policies as per the latest technology.
 Customers taste and preferences – It have wide impact on performance of busines
firm as they have to implement taste and preferences of customers in there working so
they will be able to produce products as well as services in respective manner.
Because making customers loyal part of company is motive of Human Resource
division. They will only get satisfy when there needs and wants will satisfy in
appropriate way.
Thus, above mention are the factors which have wide impact on both organisation as well as
Human Resource division of company. In simple term it can be said that, considering these
factors in working of business firm may result in gaining positive outcomes in effective
manner.

TASK 2
2.1 Analyse the forces shaping the HR agenda
Main role of human resource leader is to acquire resources for keeping up with
accelerating demands of an business firm as well as to make sure growth and stability of
company. There are some forces that shapes the HR agenda explanation of these are as
follows:-
 Culture balance – It is important to bridge the gap within business needs as well as
personnel at disposal of business firm is paramount to efficiency at that organisation
functions. In addition to this, it includes training, communication, building safe
working environment as well as sense of ownership and performance.
 Technology advancements – Technology breaks ands makes person. Moreover,
breakthrough within technology may result In overpower individual especially with
robots, artificial intelligence, sensors and many more. Thus, it is essential for an
person to be remain update with technological innovations.
 Employee needs and recognition - Prior to everything, the principal plan of HR is to
employ the most appropriate. That cycle is straightforward yet perplexing. The
procurement must have aptitudes that are serious which will help accomplish the
organization's objectives. Among numerous things, the most importantly a worker
requires in excess of a check is acknowledgment of his ability. The worker is building
his vocation by serving in an association. Along these lines, it is essential to esteem
and clean the representative's expertise and give a stage to their turn of events. Not
exclusively should a HR esteem his ability yet ought to take into account their
necessities. To do that, HR must form a decent connection with the worker. They
should connect well with them and attempt to oblige their requirements which suit the
association.
 Awareness – It is important to ensure that employees are aware of company goals if,
most of the staff are not aware of objectives. If staff members will feel included with
organisation then it will be easy to accomplish desired goals and objectives. Along
with this, awareness related to important aspects must each and every employee have
because it will provide assistance to them in gaining better results.
Above mention all these forces have wide impact on Human Resource agenda of Tesco as
well as it is essential to for company to determine these factors in effective manner because
these will result in gaining effectual outcomes.