This report discusses the importance of HRM in managing individuals to maximize productivity and improve motivation. It analyzes strategic HR issues and ongoing HR issues with Tesco as a case study. The report prioritizes HR issues and determines actions with an HRM plan.
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HUMAN RESOURCES MANAGEMENT
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Table of Contents INTRODUCTION...........................................................................................................................3 MAIN BODY...................................................................................................................................3 Departmental strategic analysis...................................................................................................3 Strategic HR issues......................................................................................................................4 Identify Ongoing HR issues.........................................................................................................5 Prioritize the HR issues and determine the action.......................................................................6 HRM Plan:...................................................................................................................................6 CONCLUSION................................................................................................................................7 REFERNCES...................................................................................................................................9 Books and Journal........................................................................................................................9
INTRODUCTION Human resources management team plays an important role for the organization and it is a strategic and systematic strategy that support the organization to managing the individual in that way that will going to help the organization to maximize their productivity and also improve the motivation and interest of the employees towards the organization. Human resources management team also supports the company to retain more talented people in the organization and also helps them to develop their efficiency and effectiveness so that the company can achieve their goals and objectives(Caligiuri and et. al., 2020). For this report the Tesco organization has been considered and it is situated in United Kingdom and founded by Jack Cohen 1919. Apart from this report also going to conduct a departmental strategy analyzes and also going to analyze the strategic HR issues and ongoing HR issues so that the company can priorities the HR issues and determine the appropriate actions in order to develop the HRM strategies so that they can achieve their goals and objectives. MAIN BODY HRM plan is defined as the document which is mainly focusing on foreseeing the requirement of human resources in the organization. It is identified that HRM plan is playing an important role in the success and growth of an organization. For that purpose, they need to include some necessary steps which are discussed in below sections. It includes departmental strategicanalysis,identifyingstrategicHRissues,identificationofongoingHRissues, prioritizing HR issues and determining actions accordingly, and drawing HRM planning. The detail discussion of each step in explained below step by steps. Departmental strategic analysis Department strategic analysis is the concept that includes the searching in organizational business environment within which it operates. Strategic analysis is very important part for the organization because it support the human resources management department to formulate different kind of strategic planning in order to take decision and for the smooth working of the organization(Liboni and et. al., 2019). In order to analyze about the strategies there are different kind of strategies which are adopted by the organization so that they can analyze about their
internal and external factors which create impact on the organization. In order to analyze the internal factors this report focuses on the swot analysis of the Tesco organization: Strength ï‚·The organization is operating on the multinationallevelandthisisthe major strength of the organization. Theorganizationhasamendedhuman management team that support them to retain more talented people in the organization as well as to hire and select more talented and productive employees for the company Weakness ï‚·Thebiggestweaknessofthetesco organizationisincreasingofdeath. Duetodifferentkindoffinancial crisisTescohasbeenwithdrawna series of goods and services from the market Opportunity ï‚·Thebiggestweaknessofthetesco organizationisincreasingofdeath. Duetodifferentkindoffinancial crisisTescohasbeenwithdrawna series of goods and services from the market. Threat ï‚·Due to more competition level in the market place the organization is facing differentkindofproblemandthe Competition is become major threat for the Tesco company. Strategic HR issues There are different kind of problems and issues which are facing by the human resources management team while formulating different kind of strategies and which are below mentioned: ï‚·It is important to note that for organizations that they should analyze the impact of internalandexternalfactorsasitprovidesagreatimpactonthesuccessofan organization especially in international organization. It is found that TESCO is the international organization and that' why it becomes more important for them to identify the impact of internal and external factors. External factors can be analyzed with the assistance of PESTEL analysis as it is the model which is designed for the purpose of analysis of all external factors such as political factor, social factor, economical factor, technological factor, environmental factor, and legal factor.
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ï‚·The issues which are facing by the organization in context of culture diversity and global HR issues. The organization is facing problem in context of managing the modification business requirement for talent and skills(Lopez-Cabrales and Valle-Cabrera, 2020). ï‚·It is become very challenging for the company to managing in handling the changing business requirement because the organization can only stay successful and effective in the market place with their business environment if the organization has a workforce that is in line with market requirement and that has the right attitude in the skills then they helptheorganizationtoimprovetheircapabilities.Themajorchallengeforthe organization is to hire right talent for the organization so that they can continuously develop the skill set and commitment of the workers in order to achieve their goals and objectives. Identify Ongoing HR issues There are different kind of ongoing HR issues which are facing by the human resources management team of the Tesco organization and which are mentioned below: ï‚·Theorganizationisfacingtheproblemincontextofworkplacediversity.The organization lacks diversity. The Lack of diversity creates several problems for the organization and also create impact on the ability to keep become more creative and innovative. ï‚·And it is become very important for the company to train their managers and workers on the diversity and inclusivity so that they can create an ongoing diversity group and allow the company to join them so that they can identify these acts on the spot. ï‚·Training and compliance is the major issue which are facing by the human resources management team because the employees of the organization are thrilled site to sit through mandatory sessions of the training like kind of sexual harassment preventing training and many more. So it is become more important for the company and learning management system to allow their workers to complete their training and become capable to complete To learn about the things so that the company can upload their custom content and enhance their capabilities.
Prioritize the HR issues and determine the action The issue: Recruiting the best talent The solution:In order to recruit the best talent for the organization the organization is required to use some recruiting tactics across the multiple channels that help the organization to reduce the risk and stay compliant in the marketplace(Naeemand et. al., 2019). Automatic these manual process their allowed the company As well as I love the managers to spend more time with the topic and didn’t and less time with paperwork and also allowed the organization to search out the best candidate with more core competencies and more talent. The issue:Employee retention The solution:In order to retain more talented employees in the organization the company a required to offer competitive pay and also schedule social time for the employs so that the employees can have a phone at work in order to build connections with them and increase the productivity and inspire loyalty among the employs. Apart from this it is very important for the Tesco Company to allow their workers for the volunteers so that the employees can find their value and feel more valuable in the organization. In order to retain more talented employees in the organization the company a required to offer competitive pay and also schedule social time for the employs so that the employees can have a phone at work in order to build connections with them and increase the productivity and inspire loyalty among the employs(Ojo, Tan and Alias, 2020). Apart from this it is very important for the Tesco Company to allow their workers for the volunteers so that the employees can find their value and feel more valuable in the organization HRM Plan: Mission:The organization wants to become more effective company in the market place so that they can provide amended quality of the goods and services in order to create more customer base Objectives: The organization wants to overcome the problems in order to retain more talented people in the company.
ï‚·The organization wants to overcome the problems in order to retain more talented people in the company. ï‚·Organization wants to provide variety of the product and services in an appropriate manner Future HR requirements: After deciding the objectives for the organization it is very important for the company to analyze their future human resources requirement like what is the nature of their work, what is killed be required to complete and achieve the goals and objectives which I decided by the company(Otoo, 2019).What are the risk which are associated with this future. Analyze the gap between future requirement and present capabilities After analyzing the future requirement it has become very important for the company to compare their future requirement and their present HR capabilities so that they can identify the gaps that are what that can be faced by the company. Gaps can develop and create a number of areas that include policies and procedure, abilities and resources are location. Formulate gap strategies In order to overcome the gaps and address the gap the organization is considering compensationrewards,traininganddevelopmentprogrammes,safetyhealth,workforce diversity,performancemanagementsothattheycanmotivatetheirworkerstowardsthe company and achieve their goals and objectives. These are the factors that will go to support the company to overcome the problems and achieve their goals and objectives in order to become effective in the marketplace(Ringle and et. al., 2020). CONCLUSION Fromtheabovementionedreportithasbeenconcludedthathumanresources management department is very important for the company in order to overcome the problems and improve thecapabilities as well as written in the more talented people in the organization so that the company can brings more opportunities and improve their revenues and efficiency.It is
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analysed that human resource has n important aims i.e. HRM plan. It is analysed from this report that company needs to follow all the important steps related to the HRM plan which includes departmental strategic analysis, strategic HR issues, identification of ongoing HR challenges or issues, prioritization of each issues and determine their strategy accordingly. This report also covered a detailed HRM plan.
REFERNCES Books and Journal Caligiuri, P. and et. al., 2020. International HRM insights for navigating the COVID-19 pandemic: Implications for future research and practice. Liboni, L.B., and et. al., 2019. Smart industry and the pathways to HRM 4.0: implications for SCM.Supply Chain Management: An International Journal. Lopez-Cabrales, A. and Valle-Cabrera, R., 2020. Sustainable HRM strategies and employment relationshipsasdriversofthetriplebottomline.Humanresourcemanagement review,30(3), p.100689. Naeem, A., and et. al., 2019. HRM practices and faculty’s knowledge sharing behavior: mediationofaffectivecommitmentandaffect-basedtrust.StudiesinHigher Education,44(3), pp.499-512. Ojo, A.O., Tan, C.N.L. and Alias, M., 2020. Linking green HRM practices to environmental performancethroughpro-environmentbehaviourintheinformationtechnology sector.Social Responsibility Journal. Otoo,F.N.K.,2019.Humanresourcemanagement(HRM)practicesandorganizational performance: The mediating role of employee competencies.Employee Relations: The International Journal. Ringle, C.M., and et. al., 2020. Partial least squares structural equation modeling in HRM research.The International Journal of Human Resource Management,31(12), pp.1617- 1643.