Development and Implementation of Effective HR Strategy
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The essay discusses the development and implementation of an effective HR strategy, the obstacles faced, and methods for eradicating them. It also outlines the four dimensions to be considered for developing an HR strategy and the methods for controlling the obstacles.
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Running head: DEVELOPMENT AND IMPLEMENTATION OF HR STRATEGY Development and Implementation of Effective HR Strategy Name of the Student Name of the University Author’s Note:
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1 DEVELOPMENT AND IMPLEMENTATION OF HR STRATEGY Executive Summary The main aim of this essay is to understand an effective human resources plan. The human resourcemanagementiseventuallydevelopedforthepurposeofmaximizingoverall employee performance within the services of strategic objectives. This human resources majorly concerns with the people management in any company after giving focus on the systems and policies. Employee recruitment, rewarding and performance appraisal are the major focus of the human resources departments. The HR strategy even enables a proper planning as well as management of the works in respect to the human resources. It is one of the major outputs of the strategic management and it defines requirements, responsibilities and processes for recruitment or staff selection. The essay has described the major obstacles and the proper controls for eradicating the obstacles.
2 DEVELOPMENT AND IMPLEMENTATION OF HR STRATEGY Table of Contents Introduction................................................................................................................................3 Situational Analysis...................................................................................................................3 Probable Obstacles in Developing Human Resources Strategy.............................................3 Objectives...................................................................................................................................5 Human Resources Strategy........................................................................................................6 Tactics (Action Plan)..................................................................................................................7 Development and Implementation of Effective HR Strategy....................................................8 Methods of Controlling the Obstacles in an Effective HR Strategy..........................................9 Conclusion................................................................................................................................10 References................................................................................................................................12
3 DEVELOPMENT AND IMPLEMENTATION OF HR STRATEGY Introduction HR or human resources is one of strategic approaches to an effective and efficient management or control of several organizational employees so that the management could be helpful for the business in obtaining numerous competitive advantages (Bratton and Gold 2017). A proper balance is being maintained with the organizational practices and hence the requirements are met completely. The following essay outlines a brief description on human resources strategy and the difficulties faced during development and implementation of this type of strategy. Moreover, several methods will also be provided in the essay for eradicating each and every obstacle with relevant details. Situational Analysis Probable Obstacles in Developing Human Resources Strategy Although, the human resources strategy is extremely important or vital for the organization and it helps to provide effectiveness and efficiency in the organization by giving sustained success to that particular organization; there are some of the major obstacles or challenges that are being faced while developing and implementing the effective HR strategy and these issues are required to be mitigated as soon as possible (Brewster and Hegewisch 2017). The most significant challenges or obstacles faced in the development of human resources strategy for any particular company are as follows: i)Lack of Employee Engagement: The most significant obstacle for the development ofhumanresourcestrategyisthelackofemployeeengagement.Theorganizational employees might not involve or accept the new strategy made by the organization and hence this could be extremely problematic for that specific organization. ii)Legal Issues: The next issue faced while developing the strategy is legal issue. There is an urgent requirement to keep up with the changing of employment laws for the
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4 DEVELOPMENT AND IMPLEMENTATION OF HR STRATEGY business owners (Bailey et al. 2018). If the human resources department avoids the laws, it could be extremely vulnerable for the company or even demise of the company. iii)Change in Management: Another major obstacle is the change in management. When the organizational management is changed, the strategies, internal processes and organizational structure is also changed, hence creating a significant issue for the company. The productivity is decreased by this change management and the HR strategy is affected. iv)Leadership Development: The next significant obstacle that is being faced in the development and implementation of HR strategy is leadership development (Alfes et al. 2013). Often several leadership development programs are implemented in the company and most of them become failure due to the change in HR strategy. v)Workforce Training and Development: The investment within the training and developmentforthelowlevelstaffsisyetanotherpopularissueforHRstrategy implementation. Few of the businesses find trouble in arranging resources and hence the organizational system is disturbed eventually. vi)Adaption to Innovation: The adaption to innovation in the organization is the next issue for the development and implementation of human resources strategy (Budhwar and Debrah 2013). There is a high risk that the innovation might be accepted by the customers and hence the competitors remain on the top position. vii)Compensation: Most of the organizations are subsequently struggling for a better employee compensation. However, if there is a change in the HR strategy and a new strategy is being implementation, this particular factor is highly affected and the employees are dissatisfied. viii)Understanding the Benefits Packages: Another important and noteworthy issue that is being faced in the development as well as implementation of an effective human
5 DEVELOPMENT AND IMPLEMENTATION OF HR STRATEGY resources strategy is understanding the benefits package (Renwick, Redman and Maguire 2013). The first priority is given to the customers and the second priority is given to the employees. A change in the HR strategy hence affectsthe benefits package and the understanding becomes difficult. ix)Recruitment of Talented Employees: Recruitment of the talented employees is yet another important and significant problem for the development and implementation of human resources plan. The attraction to the new talents require higher investments of money and time (Marchington et al. 2016). Whenever there is a new recruit to the company, it becomes extremely important to change the HR strategy and hence it is highly affected. x)Retaining of Talented Employees: The tenth important and noteworthy obstacle for the proper development as well as implementation of an effective and efficient human resources plan. There is always a strong competition between the talented employees. Hence, the talented existing employees are required to be retained under any circumstance (Brewster, Chung and Sparrow 2016). Since, the employee turnover is quite expensive and could negatively affect the business growth, it becomes extremely problematic for the organization to implement and develop a new HR resources plan. Objectives The major objectives of this essay are as follows: i) To understand the requirement of development and implementation of an effective human resources strategy. ii)Toidentifytheobstaclesfacedbyanorganizationduringdevelopingand implementing the HR strategy.
6 DEVELOPMENT AND IMPLEMENTATION OF HR STRATEGY iii) To find out methods for eradicating the obstacles faced while the implementation of an effective HR strategy. Human Resources Strategy Human resources strategy is a specified strategy that is being adopted by any particular company, with the major aim of integrating the organizational culture, system as well as the employees (Purce 2014). The strategy is developed after proper coordination of the set of activities for getting the required business related goals and objectives. This human resources strategy should be eventually aligned to the vision, goals and mission of the respective organization. The significant features of the industry, where the company are to be analysed properly and the competitive advantages are required to be previously determined for the developing of the human resources strategy (Aswathappa 2013). The four important and significant dimensions that are to be addressed for the purpose of developing the human resources strategy are as follows: i)Culture: The first and the foremost dimension is culture. This is the belief, rule as well as management style of the particular company. ii)Organization: The second dimension to be considered is the organization, which is the complete structure, reporting lines, job descriptions and job types of the company. iii)People: Another important and significant dimension that is to be addressed for the development of an effective human resources strategy is people (Storey 2014). The overall capability, employee potentials and skills level of the personnel together constitute the people dimension. iv)Human Resources System: The final dimension that should be considered to implementand develop an efficient and effectivestrategy of human resources is the respective system of the human resources department. This system is the specified people
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7 DEVELOPMENT AND IMPLEMENTATION OF HR STRATEGY focusedmechanismthatdeliverstheappropriatestrategyforcompensations,benefits, communications, organization recruitment, and training and development. Tactics (Action Plan) The action plan for the obstacles identified in the essay above are as follows: Obstacles Faced while Development of HR Strategy Actions to be TakenTime to be implemented i)LackofEmployee Engagement Meeting with the employees.As soon as strategy is made. ii) Legal IssuesProper compliance with local, state as well as federal labour laws. As soon as strategy is made. iii)Changein Management Proper communication with the employees. In 1 month. iv)Leadership Development Providingmotivationtothe employeesforacceptingnew leadership. In 6 months. v)WorkforceTraining and Development Recruiting new trainers for the company. In 1 month. vi)Adaptionto Innovation Proper communication with the employees. In 2 months. vii) CompensationCreatingsystemforrewards and recognitions. In 3 months. viii)UnderstandingtheOffering options for employeeIn 6 months.
8 DEVELOPMENT AND IMPLEMENTATION OF HR STRATEGY Benefits Packageshealthcare. ix)Recruitmentof Talented Employees Utilizing the staffing process.In 6 months. x) Retaining of Talented Employees Implementingemployeeon boarding technology solutions. In 1 year. Table 1: Action Plan for Eradicating Obstacles in HR Strategy Development and Implementation of Effective HR Strategy An effective HR strategy is to be developed properly for avoiding all types of complexities and issues related to employee management or salary (Anderson 2013). The four dimensions that are to be considered for developing this type of strategy are culture, organization, people and systems. The objectives of the human resource plan are the implementationofhumanresourcesfunctionalactionplanaswellasreviewingand evaluation. The companies usually depend on the human resource managers for the proper management of people and this particular department (Jackson, Schuler and Jiang 2014). When any company wants to retain their quality of work, the duties of the HR department are not only to retain the talented employees, but also to improvise the compensation and benefits and even to review their training for the purpose of facilitating the employees in an effective method. There are some of the most basic methods for developing as well as implementing an effective strategy of human resources. These are as follows: i)Alignment of the Organizational Initiatives: The first and the most important method for an effective HR strategy development is to align the several organizational initiatives (Nickson 2013). The demand risks, strategic relevance and the profit resources should be considered.
9 DEVELOPMENT AND IMPLEMENTATION OF HR STRATEGY ii)Alignment of the Organizational Budgets and Performance: The second method for the proper development of an efficient and effective human resources strategy is to align the organizational budgets as well as performances. The performance incentives of the employees should be directly linked to the strategy. iii)Strategy after the Organizational Structure: The next significant and noteworthy method to properly develop and implement the HR strategy in any organization is by allowing the organizational structure to create subsequent strategies for their businesses (Boella and Goss-Turner 2013). iv)Engagement of Staffs: Another effective and important method for the proper developmentand implementationof the effectivehumanresourcesstrategyisby the engagement of staffs. The significant communication as well as the participation of the organizational staffs is highly important for any company for maintaining a balance and a better relationship between the staffs and the organization. v)Monitoring and Adaptation of New Strategies: The next important and significant method to develop or implement the effective HR strategy is by monitoring as well as adaptation of the new strategies within the organization (Brewster et al. 2016). These new strategies should be adaptable as well as flexible so that they are easily implemented within the organizational structure. Methods of Controlling the Obstacles in an Effective HR Strategy The probable methods for the proper controls for the effective HR strategy are as follows: i)Lack of Employee Engagement: The most effective control for this issue is to meet with the respective employees and staffs of the company.
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10 DEVELOPMENT AND IMPLEMENTATION OF HR STRATEGY ii)Legal Issues: The legal issues of HR strategy could be removed by the proper compliance with the local, state and the federal labour laws of the company. iii)ChangeinManagement:Propercommunicationwiththeorganizational employees is the major control for this issue. iv)LeadershipDevelopment:Apropermotivationistobeprovidedtothese employees for accepting the new leadership (Renwick, Redman and Maguire 2013). v)Workforce Training and Development: This particular issue could be resolved by recruiting of new trainers in the company. vi)Adaption to Innovation: Proper communication with the employees is the only method for controlling this issue. vii)Compensation: Creating system for rewards and recognitions would be effective for the control of this issue. viii)UnderstandingtheBenefitsPackages:Theemployeescouldbeoffered healthcare options for reducing this issue (Budhwar and Debrah 2013). ix)Recruitment of Talented Employees: The proper utilization of the staffing process is the basic method for controlling the issue. x)Retaining of Talented Employees: The proper implementation of the employee on boarding technology solution would be best control for this particular obstacle. Conclusion Therefore, from the above discussion, it can be concluded that HR strategy or human resources strategy is a specific designation for the long term plan that is being created for the purpose of achieving the organizational objectives for the department of human resources within the company. This type of strategy helps in the unification and direction of behaviour
11 DEVELOPMENT AND IMPLEMENTATION OF HR STRATEGY as well as actions of the people and the total development as per the requirements of the company. Moreover, the methods of organizing the working conditions are also described here. However, while developing an effective HR strategy, several obstacles are being faced by the HR manager. The above essay has clearly depicted the various obstacles and the probable methods for mitigating these obstacles effectively.
12 DEVELOPMENT AND IMPLEMENTATION OF HR STRATEGY References Alfes, K., Shantz, A.D., Truss, C. and Soane, E.C., 2013. The link between perceived human resourcemanagementpractices,engagementandemployeebehaviour:amoderated mediation model.The international journal of human resource management,24(2), pp.330- 351. Anderson, V., 2013.Research methods in human resource management: investigating a business issue. Kogan Page Publishers. Aswathappa,K.E.M.A.L.,2013.Humanresourcemanagement:Textandcases.Tata McGraw-Hill Education. Bailey, C., Mankin, D., Kelliher, C. and Garavan, T., 2018.Strategic human resource management. Oxford University Press. Boella, M. and Goss-Turner, S., 2013.Human resource management in the hospitality industry: A guide to best practice. Routledge. Bratton, J. and Gold, J., 2017.Human resource management: theory and practice. Palgrave. Brewster, C. and Hegewisch, A. eds., 2017.Policy and practice in European human resource management: The Price Waterhouse Cranfield survey. Taylor & Francis. Brewster, C., Chung, C. and Sparrow, P., 2016.Globalizing human resource management. Routledge. Brewster, C., Houldsworth, E., Sparrow, P. and Vernon, G., 2016.International human resource management. Kogan Page Publishers. Budhwar, P.S. and Debrah, Y.A. eds., 2013.Human resource management in developing countries. Routledge.
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13 DEVELOPMENT AND IMPLEMENTATION OF HR STRATEGY Jackson, S.E., Schuler, R.S. and Jiang, K., 2014. An aspirational framework for strategic human resource management.The Academy of Management Annals,8(1), pp.1-56. Marchington, M., Wilkinson, A., Donnelly, R. and Kynighou, A., 2016.Human resource management at work. Kogan Page Publishers. Nickson,D.,2013.Humanresourcemanagementforhospitality,tourismandevents. Routledge. Purce, J., 2014. The impact of corporate strategy on human resource management.New Perspectives on Human Resource Management (Routledge Revivals),67. Renwick, D.W., Redman, T. and Maguire, S., 2013. Green human resource management: A review and research agenda.International Journal of Management Reviews,15(1), pp.1-14. Storey, J., 2014.New Perspectives on Human Resource Management (Routledge Revivals). Routledge.