Human Resource Management: Tesla

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
Table of Contents
1. Introduction............................................................................................................................3
2. Discussion..............................................................................................................................3
2.1 Outlining Rationale of Embedding HR Strategies into broader Corporate Strategies.....3
2.2 Analysis of HR Strategy being embedded in the Broader Corporate Strategy in Tesla. .4
2.3 Discussion of Tesla Implementing their HR Strategy at the Departmental Level...........5
2.4 Discussion of few Contemporary HR Challenges that are being faced in Tesla.............6
3. Conclusion..............................................................................................................................8
References..................................................................................................................................9

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HUMAN RESOURCE MANAGEMENT
1. Introduction
HRM or human resource management can be referred to as a strategic approach for an
effective management of people within an organization, so that they are able to help the
business for gaining competitive advantages (Attendance Policy. 2018). The organizational
changes are required to balance every organizational practice with requirement from
governmental laws. The following report outlines a brief discussion on HR strategies in Tesla
with major challenges faced.
2. Discussion
2.1 Outlining Rationale of Embedding HR Strategies into broader Corporate Strategies
An organization considers about alignment of human resource strategies to their
business objectives and hence there is an assumption that HR functionality will be adjusting
to the entire segment of business (Moden Slavery Act Statement. 2018). A proper execution
of corporate strategies is possible with the successful estimation of human capital
implications of decisions. Embedding of HR strategies is extremely important for an
organization into broad corporate strategies. The main reason for this type of alignment is
that an HR strategy is one of the core component of entire business planning and for being
effective, both of these require to be developed efficiently.
There are four distinctive areas that are required to be addressed by the human
resources and these areas are as follows:
i) Getting Involved for Setting Corporate Strategy: An organization should involve
their HR strategies to set several corporate strategies and hence making the organization
extremely successful (Annual Report. 2018). A proper combination of government
requirements and economic turbulence for shifting into a proactive role, however it is
important to execute the long term and short term objectives for establishment of goals that