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HRM Strategy of ALDI

   

Added on  2020-01-07

17 Pages3996 Words486 Views
UNIT 3. HUMAN RESOURCE MANAGEMENT1

Table of Contents:Introduction: .........................................................................................................................................3Task 1.....................................................................................................................................................4LO1 Explanation of the purpose and scope of HRM in terms of resourcing Aldi with talent and skills appropriate to fulfil business objectives:...............................................................................................4P1 .Explaining the purpose and the functions of HRM, applicable to workforce planning and resourcing of the John Lewis ................................................................................................................4P2 .Explain the strengths and weakness of different approaches to recruitment and selection for John Lewis .............................................................................................................................................5Task2 .....................................................................................................................................................7LO2 Evaluate the effectiveness of the key elements of HRM for John Lewis ........................................7P3 .Explain the benefits of different HRM practices within John Lewis.................................................7P4 .Evaluate the effectiveness of different HRM practices in terms of raising John Lewis’s profit and productivity ...........................................................................................................................................8LO3 Analysing internal and external factors that affect HRM decision-marketing at John Lewis, including employment legislation:.......................................................................................................10P5 Analysing the importance of employee relations in respect to influencing HRM decision making for John Lewis .....................................................................................................................................10P6 identifying the key elements of the employment legislation and the impact it has upon HRM decision making for John Lewis...........................................................................................................11LO4 Applying HRM practices in a work- related context for John Lewis..............................................12P7 Illustrating the application of HRM practices in a work-related context, using specific examples forJohn Lewis............................................................................................................................................12Conclusion...........................................................................................................................................132

Introduction: Today the strategic practice of human resource management is a major issue. Theindustrial revolution and the trend of globalisation bring fresh challenges in the field ofhuman resources. Technological advancement leads to high level of recession in the workingsociety. It is very important for a company to tackle these challenges. John Lewis, being abranded retailer has grown exceptionally. For a growing retailing company like John Lewis,it is an important task to incorporate the practices of human resource effectively. The assignment deals with the human resource management of John Lewis,explaining the purpose, scope, strengths and weakness of the organisation. The assignmentalso deals with the benefits of different human resource management practices in John Lewis.The assignment is focuses on the effectiveness of different human resource practices of theorganisation as well. The analysis of internal and external factors is also elaborated in thisassignment. 3

Task 1LO1 Explanation of the purpose and scope of HRM in terms of resourcing Aldi with talent and skills appropriate to fulfil business objectives:P1 .Explaining the purpose and the functions of HRM, applicable to workforce planning and resourcing of the John Lewis Since 1980’s strategic management of human resource has turned out to be a majorconcern in management, as observed by Aguinis and Pierce (2008, p.141). Planning,designing, compensating and assisting the employees in an organised way are the mainpurposes of human management. Application of management and principles, integration ofdecision relating to employees, influencing the effectiveness of an organisation are the mainconstituent of the human resource management, remarks Albrecht (2014, p.412).Human Resource planning is the main objective of the human resource manager ofthe organisation, as opined by Aguinis et al. (2012, p.106). Planning consists of achieving thetask of placing the correct person per their skill. The designing of the organisation is also oneof the major roles of the Human Resource manager. The explanation the purpose of HR management with respect to John Lewis: Social Objective:The Company has a long chain of partners, stakeholders and suppliers. The GoldenJubilee Scheme announced by the company has involved the wide range of partners andcustomer to launch a charity. The partners of the organisation volunteer for fundraising anddonation to this charity. The scheme was launched with an aim to serve the socialresponsibilities of the company. Organisational objective: To improve the efficiency and betterment of services John Lewis has launched thePartnership Scheme. The scheme has a co-ownership model. The entrepreneurial role of thepartners and the company's owners has made a great contribution to the organisationalstructure of the company, as opined by Alves et al. (2013, p.341).4

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