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HR Strategy Planning and Implementation Process

   

Added on  2020-06-03

14 Pages4581 Words54 Views
Strategic Human ResourceManagement
HR Strategy Planning and Implementation Process_1
Table of ContentsTASK 1............................................................................................................................................1INTRODUCTION...........................................................................................................................1Relationship between Business Strategy and Human Resource Strategy...................................1Vertical alignment and horizontal integration of Marks & Spencer...........................................3Theoretical basis and models of SHRM......................................................................................3HR practices of Performance Management and Reward............................................................4Design/re-design a performance management system................................................................4CONCLUSION................................................................................................................................5TASK 2............................................................................................................................................5INTRODUCTION...........................................................................................................................5Nature and theoretical perspectives of Employment Relations..................................................5Roles of the actors within the Employment Relationship...........................................................7Changing.....................................................................................................................................8nature of employment relations..................................................................................................8Mechanisms of employee participation and employee voice.....................................................8CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................10
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TASK 1INTRODUCTIONStrategic Human Resource Management refers that Human Resource manager consistentand also coordinated business aims and goals for make improvement in the performance ofcompany. It is an approach to control and manage the HR that helps in supporting the long termobjectives of a business firm (Armstrong, 2011). Marks & Spencer is a multinational retailorganisation. Its main work in selling the luxurious home products, food items, clothing etc. Inthis present tasks mentions about the relationship among Human resource strategy and businessstrategy. In this tasks also mentions evaluation of HR practices related to performance rewardand management. Relationship between Business Strategy and Human Resource StrategyMarks & Spencer is a large business firm and in this enterprise there are many differentdepartments like HR, marketing, finance, production etc. Human resource department plays animportant role and its main work is to recruitment and selection, training and development,performance appraisal, make planning, payroll and many other. Strategic Human Resource Management refers to practice of developing, attracting,retaining and also rewarding of staff members for the advantage to the company as well as staffmembers. It is an approach related to managing the human resource, SHRM supports the longterm objectives and goals of business and their over all outcomes. The SHRM is concerned to thebusiness strategy, performance of business and also the management of human capital. Business strategy is helpful in achieving the goals and objectives of a businessorganisation. The top management of Marks & Spencer makes strategy for business throughwhich company can accomplish its target. It is a long term planning for business about 3- 5years. By making the strategy an organisation can work systematically. On the other hand HRstrategy is a plan of action which is made by business enterprise to integrating the culture ofcompany, its staff members and coordination among them to achieve the decided goals. It is acombination of some options related to activities and operations of Human Resourcemanagement of Marks & Spencer (Chaneta, 2010). It is a set action plan for executing thepolicies, take decision and work according to plans which are executed by the Human resource.It gives a structure through which company can accomplish the aims and goals of a business1
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firm. For developing the Human Resource strategy, it is necessary that the culture of workplaceshould be effective, structure of an organisation should also be proper and employees should becapable. HR is a necessary part of the successful business. Its main responsibility is to executingstrategies in an effective and proper manner. The relationship among business strategies andHuman Resource strategies given below as above:Execute business policies- Top management of Marks & Spencer formulates the strategyfor an organisation. So, it is the responsibility of human resource department to executestrategies which are formulated by the top level management at workplace.Manage and control- By making the business strategy, the human resource manage andcontrol all over the activities and operations of business in an effective and also efficient way. HR strategy is Business strategy- The human resource strategy is also a business strategymeans some where both are same. Behind successful of a business enterprise, there is a goodconnection between business strategy and the Human resource strategy (Gurbuz and Mert, 2011).To running a business successfully for long term, it is necessary for Marks & Spencer to developthe capital. In this present time, in HR strategy includes implementation of a leadership teams atworkplace to consult with the experts of HR to create the goals for a business firm and also forHuman Resource. HR Strategy and Business Productivity-The process related to hiring and selection ofHuman resource department is helpful in increasing the growth and productivity of company. IfHuman Resource manager will select the people who have knowledge about job, workingabilities, skills etc., then it will be beneficial for company. By creating the HR strategy for hiringand staffing suitable and capable staff members impact on the bottom line of company. Topmanagement of Marks & Spencer makes business strategy in which the level of job satisfactionand security and safety of employees are included. If company will provide safe workingenvironment to its staff, then from this it can achieve its business objectivities. With the help ofthis growth and productivity of Marks & Spencer will be enhanced. Communication- It is the duty of employers of Marks & Spencer is to communicate thebusiness policies and objectives to its staff member in a way they feel that they are the partnersin the company process and plays an important role in the successful of business related strategy.2
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