logo

Human Resource Management in ALDI: Doc

   

Added on  2020-12-31

13 Pages4065 Words22 Views
Human Resource
Management
Human Resource Management in ALDI: Doc_1
Table of Contents
TASK 1............................................................................................................................................1
INTRODUCTION...........................................................................................................................1
Business Strategy........................................................................................................................1
Human resource management and relationship between business strategy and human
relationship strategy....................................................................................................................1
Horizontal and vertical integration..............................................................................................3
Model and theoretical basis of SHRM........................................................................................4
Performance and reward management........................................................................................4
Redesign a performance management system............................................................................5
TASK 2............................................................................................................................................6
Nature and theoretical perspective of employment relations......................................................6
Factors of employment relations and their roles in employment relations.................................7
Nature of employment relations..................................................................................................8
Employee voice and participation can contribute to improvement of employment relations.....9
CONCLUSION................................................................................................................................9
REFERENCES..............................................................................................................................10
Human Resource Management in ALDI: Doc_2
Human Resource Management in ALDI: Doc_3
TASK 1
INTRODUCTION
Strategic human resource management is related with human resources discipline that
consists hiring, retaining and different payroll activities with training of employees. It is consider
as a branch of HRM that make strategic planning for recruit and retain skilled workers (Akong'o
Dimba, 2010). Mainly this support in manage activities of workers working in an enterprise for
achieve long term objectives. ALDI, a firm that deal in various type of products such as
beverages, food, households goods and many more, based in UK is consider in this report for
study. Relationship between human relationship strategy and business strategy is all given in this
report. Further reward and performance management of employees is all mentioned under this.
Business Strategy
Business strategy is define as a firm's plan to achieve business goals and objectives.
Strategies formulated and implemented by enterprise is succeed when it results in business
growth, provide a competitive position to enterprise and leads to strong financial performance.
When strategy fails to achieve set sales objective then it either do some modifications in that or
formulate an another effective strategy. Business strategy also known as working plan adopted
by enterprise to achieve its vision, mission and to utilise all resources at an optimum level.
Human resource management and relationship between business strategy and human relationship
strategy
ALDI is an organisation that operate on a global level and various department are there
that work in company and perform various functions so company can achieve its set target.
Finance, marketing, HR and production are the major departments of enterprise. Department of
human resource management play an effective role various functions perform by this department
largely affect success and failure of enterprise. HR manager is the one that carry out process of
recruitment and selection in order to fill the vacancies at workplace. Further training and
development, performance appraisal, reward management is all done by manager of human
resource department (Gurbuz and Mert, 2011). Strategic human resource management is related
with hire, develop and retain skilled employees so enterprise can achieve its set goals and can get
a competitive position in market. This reduce employee turnover and provide long term benefits
to organisation. Mainly SHRM (Strategic human resource management) is related with business
1
Human Resource Management in ALDI: Doc_4

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Strategic Human Resource Management (SHRM) Solved Assignment
|13
|4065
|64

Strategic Human Resource Management
|13
|3935
|31

HR Strategy Planning and Implementation Process
|14
|4581
|54

Strategic Human Resource Management
|19
|4441
|56

Strategic Human Resource Management Assignment Sample
|15
|4322
|36

Strategic Human Resource Management
|14
|3965
|60