Corporate Strategy and Human Resource Management

Running head: CORPORATE STRATEGY AND HUMAN RESOURCE MANAGEMENT
CORPORATE STRATEGY AND HUMAN RESOURCE MANAGEMENT
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CORPORATE STRATEGY AND HUMAN RESOURCE MANAGEMENT

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CORPORATE STRATEGY AND HUMAN RESOURCE MANAGEMENT
Introduction
For the purpose of this study, Woolsworth have been chosen as the organization to be
studied. The motivation behind choosing Woolsworth is because of its decadent presence and
strong foothold in the Australian context. It is the second largest largest retail brand in Australia
and was founded by Percy Christmas, Stanley Chatterton, Cecil Scott Waine, George Creed and
Ernest Williams in the year 1924 (De Waal, 2013). The HRM department of Woolsworth is
quite famous and has committed itself in devising efficient and sustainable corporate or strategic
plan. The aim of this paper is to examine the HRM strategy and corporate plan of Woolsworth
Limited and further explore challenges and seek solutions.
Analyse how HR strategy or priority is embedded in the Woolsworth’s corporate or
strategic plan
Human resource strategy has been understood as a support function provided to the
business organizations (Newton, Becker & Bell, 2014). However, with the change in time, the
alignment of human resource strategy and corporate strategy has become difficult. The task of
the Human Resource Manager is to assist the line mangers situated at different levels to secure
their strategic goal (Armstrong & Taylor, 2014). The company has been committed in providing
great serve through the incorporation of top-quality people. The Divisional Director of HR, Matt
Keogh has been vocal about innovation and quality. Some if the strategies of the HR department
of Woolsworth Limited have been matching staffing, recruitment of talent, training and
retraining the employees based on their performance and capabilities, and finally downsizing
(Human Capital Review, 2018).