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Human Resource Management: Tesla

   

Added on  2022-12-30

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Running head: HUMAN RESOURCE MANAGEMENT
Human Resource Management: Tesla
Name of the Student
Name of the University
Author’s Note:
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HUMAN RESOURCE MANAGEMENT
Introduction
Human resource management or simply HRM is stated as a core strategic approach
that helps in proper employee management in a company and also helping out that respective
company to gain several distinctive competitive advantages (Al Ariss, Cascio & Paauwe,
2014). Any type of organizational change is needed for balancing organizational practices
after successful alignment with government rules and regulations. This essay will be
providing a detailed description on human resource strategies within the organization of Tesla
with relevant details.
Discussion
1. Outline of Rationale for Embedment of HR Strategies to broad Corporate Strategies
A company mainly considers regarding alignment of HR strategies towards respective
business goals and thus a subsequent assumption on human resource functionalities is made
that they get adjusted to respective business segments. A successful implementation of
corporate strategy is possible when all types of human capital implication of decision is being
estimated effectively (Shaw, Park & Kim, 2013). Thus, embedment of human resource
strategies into the respective business corporate strategy is quite vital for a company for
maintaining a proper balance. The most significant reason behind this embedment could be
that a human resource strategy is an important element of the total planning of business and
corporate strategies and HR strategies are required to be efficiently developed so that the
business becomes successful (Bratton & Gold, 2017).
The four significant and important areas, which are needed to get addressed by
organizational HR department are provided below:
i) To get involved to set Organizational Corporate Strategies: This is the first area
that is needed to be addressed (Dries, 2013). Any company must include several strategies of
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HUMAN RESOURCE MANAGEMENT
human resources for setting respective corporate strategy and thus to make the company
absolutely successful than others. Combination of every economic turbulence and
government requirement is needed to shift into proactive roles, although it is vital to achieve
the short term and long term goals and ensure that planned outcomes are being met. Several
significant functionalities of human resources, which are required to get aligned mainly
involve employee retention, performance management, training or development and talent
acquisition (Bamberger, Biron & Meshoulam, 2014).
ii) To Understand the HR’s wide role within Business: The second area, which is
needed to get addressed is to effectively understand the wide role of human resource in
business. Maximum HR related strategies emphasize on obtaining the most relevant solution
from the entire HR department and not on initiatives (Bakker & Demerouti, 2014). Moreover,
the staff should be hired and retained by performance management so that embedment of HR
strategy to corporate strategy is possible.
iii) Developing Several HR Strategies by Complementing Corporate Plans: This
type of development of HR strategies is needed to ensure that it is well complementing the
corporate plans. Integration of human resource strategy with corporate plan is required for
this purpose.
iv) Making the Planned Strategy turned into an Action: The final area is that the
planned strategy should be eventually turned into an action for making this embedment
successful within the company (Mitchell, 2013).
2. Proper Analyses of Embedment of HR Strategies in broad Corporate Strategies
within Tesla
Tesla Inc. comprises of few important and significant strategies of human resources in
the organization, which are properly embedded within broader corporate strategy (Brewster,
Human Resource Management: Tesla_3

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