Role of Human Resource Management in TESCO

HUMAN RESOURCE
MANAGEMENT

Table of Contents
INTRODUCTION ..........................................................................................................................4
MAIN BODY...................................................................................................................................4
TASK...............................................................................................................................................4
Explaining the value was created by the firm by using HR strategies and use of strategic
concepts in HRM. .......................................................................................................................4
The impact of regional and national culture on the practice of HRM in the TESCO company.
.....................................................................................................................................................5
Organisation's model of employment and explaining the organisational levers used by the firm
to create value.............................................................................................................................6
Difference between HRM and Personnel Management by using Storey's 27 points and HR
policies and personnel management............................................................................................7
Considering the importance and significance of local culture in HRM, in terms of hiring and
firing while carrying HRM in transnational/international subsidiary.........................................9
Differences in terms of employment laws when international HRM changes local business.. 10
Corporate examples of firms using HR practices.....................................................................11
Recommendations to employers regarding HR practices........................................................12
CONCLUSION..............................................................................................................................12
REFERENCES..............................................................................................................................13

INTRODUCTION
Human Resource Management is very important for companies as it plays a vital role in
the company. It gives support for the growth of the company and also helps in achieving their
objectives by hiring capable staff, train and develop skills of the employees, put right people to
the job, remunerating and benefit them, also generating policies within the organisation. In this
report, the discussion is based on the company TESCO, headquartered in London, UK. It
expands its business at global level (Chelladurai, P. and Kerwin, S., 2018). This is one of the
largest multinational groceries stores in the world which serves services and products at very low
prices. It was established by Jack Cohen in 1919. TESCO has various operations in
hypermarkets, fuel stations,supermarket, TESCO metro, TESCO express, online shopping, e-
loyalty card, one stop destination and many more. The report is going to discuss the role of
human resource management, what strategies are they use to implementing plans, values among
employees and many more. It helps in building the team spirit and team work within the firm. It
is based on multidisciplinary concept. The company uses HRM as base of utilizing resources and
put them in a effective manner to get appropriate results.
MAIN BODY
TASK
Explaining the value was created by the firm by using HR strategies and use of strategic concepts
in HRM.
A HR strategy is overall a plan to put human capital within the organisations. It involves
5Ms of HRM that is man, money, machine, method and material. The company TESCO uses
strategies to direct a path in key areas like staffing, performance appraisals, developing skills
and remunerating (Delery, J. E. and Roumpi, D., 2017). The strategies involves internal and
external factors of the environment. The key areas where these strategies are the guidance of the
overall business and helps to attain objectives are discussed below:
 Talent and human capital: HRM represents human capital and talent as an intangible
asset in which process of hiring of employees are involved, it gives a base of recruiting
right people to the right position. HRM gives training and developing skills of the
employees by using different T&D methods that will increase value the company and
makes profits for them.

 HR planning: It is important to plan for future whether it is personal or professional
that is for business. Planning clarifies the vision of the company that in future what it
will be at what position. With regular surveys of employees it determines satisfaction of
employees and contribution to the firm.
 Leadership: It is a part of the organisation that will help in finding the best among the
rest. By giving tasks, a manager or a leader can find whether a employee should be
promoted or hired or by guiding and motivating can improve performances (Guest,
D.E., 2017). This will give company a clear task.
 Performance Appraisal: It is a strategy of HRM to reviewing regular performance of
their staff and employees and overall contribution and dedication towards work they do.
It considers the evaluation of employee’s performance whether it is growing or lacking
in respect the company's beneficial.
 Legal requirements: According to the legal laws and requirements, the company must
follow the guidelines and change policies and procedures accordingly. For example, in
the current situation like COVID, the company provide work from home because of
social distancing and its contagious. After opening the lock-down situation, many
companies reduce their staff as it effects costs as well.
The impact of regional and national culture on the practice of HRM in the TESCO company.
Culture is an external factor that impacts HR management. An individual whether he
belongs to regional culture or national culture impacts the business by his way of thinking, acts
and behaving over things (Hanić, A. and Jevtić, D., 2020). An employee deals differently over
things or work as per their cultural background, different languages, different mind set and
thoughts as a result stress and anxiety are common outcomes. How a company will react or it
impacts the business activities, some points are studied below:
 The positive environment of company adopts every culture, and without any biased
behaviour involves every member in the activities of the company, will results in
satisfaction, builds relations and also increases profitability. Suppose in foreign country,
it will take time to adapt changes with culture, languages and many more for the
company and the employees both.