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Business Strategy - Assignment Solutions

   

Added on  2020-11-12

13 Pages3900 Words492 Views
Delivering a business
strategy

Table of Contents
INTRODUCTION...........................................................................................................................3
TASK 1............................................................................................................................................3
P1Determine key current trends and developments that influence an organisation’s HR
strategy........................................................................................................................................3
P2 How changes in the HR policies have impact on public, private and voluntary
organisations...............................................................................................................................4
TASK 2............................................................................................................................................5
P3 Relevant theories and concepts relating to the growth and development of strategic HRM
to specific organisation context...................................................................................................5
TASK 3............................................................................................................................................6
P4 How appropriate change management models support HR strategy in application to
relevant organisational................................................................................................................6
TASK 4............................................................................................................................................7
P5 How HR outcomes can be monitored and measured and apply this to a specific
organisational situation...............................................................................................................7
P6 An effective HR management and development that can support sustainable performance
and growth to meet organisational objectives.............................................................................8
CONCLUSIONS............................................................................................................................10
REFERENCES..............................................................................................................................11

INTRODUCTION
Strategic human resource management is the practice of attracting, developing, rewarding
and retaining an employees for the benefits of these employees as both individuals and business
firm as the whole. In the current trends, strategic human resource has made the working function
effective and productive for an organisation (Jiang and et. Al 2016). This report will be covered
on TNT express, which is an international courier delivery services company, which is now the
subsidiary of FedEx. It is headquartered in Australia. Also, this firm has operation in around 90
countries and engaged in delivering the documents, parcels and pieces of freights. Apart from
this, report will be carried on key current trends and development that has influenced the
organisation's HR strategy along with analysing how both external and internal factors have
influenced the HR practice. The report will also cover the relevant theories and concepts relating
to the growth and development of strategic HRM. Also, the report will also focused on how HR
outcomes can be monitored and measured to the specific organisational situations.
TASK 1
P1Determine key current trends and developments that influence an organisation’s HR strategy
Organisational HR strategies are consists of recruitment, managing the people, functions
& activities along with the taking care of role of each and every employee's. In the organisational
context, various trends and development has influenced the organisational HR and also other
strategies at the greater level (Kramar, 2014). There are various contemporary trends such as the
impact of globalisation, workforce diversity, changing the skills requirements, continuous
improvement along with processes for improving productivity. Also, these trends are influenced
by many factors such as government regulation, changing demographics, technological
opportunities and human diversity etc. In context with TNT, given contemporary trends &
development have effected the productivity through various different ways are as follows:
Workforce: Every company believes that if actual manpower is potential and have right
skills, they can easily give positive influence to the productivity of an organisation. For this,
proper and effective skills are required to be present in the workforce. As, TNT have clear aims
and objectives related to their business along with special care of the people working to give
them adequate & right opportunities to grow in their career. Various practices such as identifying

skills gaps and fill them with right opportunistic training & development has been done by TNT.
Hence, such practices have increased the productivity for TNT into the market.
Technology: Technical aspects has raised the productivity & performance of the business
entities at the optimised level (Fisher, 2013). Technological role in the business function has
raised the services to the customers such as delivering any parcels, postal and any other items in
an effective ways. In context with TNT, such involvement has develop the HR functioning into a
business manner. Also, technical perspective has raised the business strategy of any business
entity whether TNT or any other at an optimized level to gain both effectiveness and productivity
of the business. As, TNT is engaged in courier delivery, so technology has evolved its business
and operation in different regions and location. Hence, it has proved that technological
involvement has positive impact on, whether profit generation, production, operations and
strategic HR strategies.
Economical: Various trends such as continuous improvements in the business function
along with optimal processes has raised the economic advantage to every organisation. In context
with TNT, constant change and strategic improvement has raised their delivery of parcels on the
higher and productive level. Continuous development into the and HR strategic formulation and
business function has raised the productivity and effectiveness of the TNT. Also, over past years,
impact of globalisation has resulted into the business expansion of TNT which has reached to
almost 60 countries along with 200 delivery regions.
P2 How changes in the HR policies have impact on public, private and voluntary organisations
HR policies are resulted in development of both manpower along with production of any
organisation. Various changes such as new adaptation of recruitment and selection, pay-roll,
training & development etc. (Marler, 2016). These changes in the HR policy has resulted into the
constant changes in the trends & development such as continuous development, impact of
globalisation, workforce etc., to give both positive and negative impact to any organisation.
However, changes in these HR policies has effected the public, private and voluntary
organisation. Where, public organisation has straight impact of government authorities on it, in
that HR policy has no control over such structure and related business organisation. On the other
hand, where private entities has the major impacts of external factors such as creditors, suppliers,
investor etc., in that case, HR policies plays the major role to develop and re-create the
organisation into the effective and cultivate manner. Also, the private organisation has resulted

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