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(DOC) Strategic Human Resource Management - SHRM

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Added on  2020-01-07

(DOC) Strategic Human Resource Management - SHRM

   Added on 2020-01-07

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STRATEGICHUMANRESOURCEMANAGEMENT 1
(DOC) Strategic Human Resource Management - SHRM_1
EXECUTIVE SUMMARYStrategic human resource management consist of various component in organization suchas recruiting, selecting, discipline and payroll which help Tesco employees in boosting up oftheir quality and work experience by considering as mutual benefits of both employee andemployers. In this report, tesco is applying guest model because through this they may get actualoutcomes of organization and moreover, they also help in retaining of employees within firm.Through this skilled workforce are retained in organization for their future development. Inaddition to this, they reduces gap between employee and employer because by taking manypractices into consideration.2
(DOC) Strategic Human Resource Management - SHRM_2
TABLE OF CONTENTSEXECUTIVE summary...................................................................................................................2Introduction......................................................................................................................................4Methodology....................................................................................................................................4Findings ..........................................................................................................................................4Key models, structure and priorities ...........................................................................................4Assess the role, structure and priorities of the HR functions ......................................................5ANALYSES THE DIFFERENT INTERNAL AND EXTERNAL INFLUENCES WHICHHAVE BROUGHT THESE ABOUT .........................................................................................7Conclusion ......................................................................................................................................9References......................................................................................................................................11Appendix........................................................................................................................................133
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INTRODUCTIONStrategic human resources management is a practice of developing, rewarding , attractinga employee for their own benefits as well as for organization benefits. It develop a plan for forthe training and selection of employee which are based on organizational goal. The presentreport is based on Tesco company, which is a multinational grocery retailer in a UK. Tesco's UKoperations is divided into six formats, which are differentiated by size and various range ofproducts. Present report covers, key models relating to HR role, structure and priorities isreviewed. Along with this, the different internal and external influences is analyzed. Apart formthat, the changes envisage of this organization in a next three years is discussed. METHODOLOGY The current research is based on all secondary information which is collected from abooks, online articles and journals. Role structure and priorities of the HR function for the Tescocompany is assessed. Here, example is quoted and information is gathered form a validoutcomes. FINDINGS Key models, structure and priorities In HRM there are several models in all of them the Guest model is one of the best keymodel. In this model all the information is related to the HR practices. This model have a sixdimension of GRM strategy that covers financial outcomes. This guest model help in deliveringa high quality services to all the customers. Guest argued that in HRM the UK need to design abest polices and procedure for achieving a four outcomes that is strategic implement ion, highemployee commitment to the company, high quality workforce, high workforce flexibility.Further in a strategic integration it make sure that organization all plan are implemented througha HR polices and practices. It focus this four outcomes which lead to desirable outcomes that ishigh job performance, problem solving of employees (Scully. and et.al., 2013). It help inreducing a absence and employee turnover. However guest model suggest that this outcome canbe only achieved if company followed this coherent strategy of HRM polices. This model is usedfor the benefits and development of workers. In a behavioral outcomes is have followingfunction that is providing reward to the employee on their best performance. While in a4
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