Embedding HR Strategies into Corporate Strategies

CPL by T
STRATEGIC HUMAN RESOURCE MANAGEMENT

2
Table of Contents
Introduction......................................................................................................................................2
Question 1:.......................................................................................................................................2
Outlining the rationale of embedding HR strategies into broader corporate strategies...............2
Question 2........................................................................................................................................3
Analysis of HR strategy embedded in the broader corporate strategy of Tesla..........................3
Question 3........................................................................................................................................4
Discussion on the organization implementing HR strategy at departmental level......................4
Question 4........................................................................................................................................5
Discussion on some of the contemporary HR challenges faced by Tesla...................................5
Conclusion.......................................................................................................................................6
Reference.........................................................................................................................................7

3
Introduction
Human resource management of an organization focuses on the strategic utilization of its
staffs and its measurable influence of employee programs on the operations of its business. The
effectiveness of the management of human resources is highly crucial for the success of the
business organization. However, ineffective human resource management can invite severe
challenges for the organization. This paper focuses on outlining the rationale of embedding HR
strategies into broader corporate strategies. It analyzes the HR strategy embedded in the broader
corporate strategy of Tesla. This study discusses on Tesla implementing HR strategy at
departmental level. It sheds light onsome of the contemporary HR challenges faced by Tesla.
Question 1
Outlining the rationale of embedding HR strategies into broader corporate strategies
In order to cope up with the competitive market, almost every organization is having
sound corporate strategies that regulate its operations of business. In this regard it is ascertained
that human resource strategy is an integral part of its corporate strategies (Noe, Hollenbeck,
Gerhart & Wright, 2017). The sustainability of the business organizations are strengthened by
optimizing the utilization of its human resources. Previously, efficient management of human
resources actively acts as a support function to the business enterprises. Along with the
progression of time and increase in the level of competition, alignment of the human resource
strategy with the corporate strategy of the organizations has become ardently important for
competing efficiently with similar enterprises (Caputo, Giudice, Evangelista& Russo, 2016)..
In the recent corporate world, the business strategies of the organizations are found to be
closely tied with the policies related to the human resources (HR) followed within the firm. It is
observed that on clubbing the HR strategy with the corporate strategy, it is possible to achieve
higher level of corporate performance (Brewster& Hegewisch, 2017). The HR strategies of the
enterprises are considered to be the strategic partner to the operating divisions of such enterprise.