Strategic Human Resource Management Overview: Assignment
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Added on 2019-12-03
Strategic Human Resource Management Overview: Assignment
Added on 2019-12-03
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HUMAN RESOURCEMANAGEMENT
TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1ACTIVITY 1....................................................................................................................................11.1 Definition of strategic human resource management ......................................................11.2 Importance of human resource management within organization ..................................21.3 Analysis framework of strategic human resource management ......................................32.1 Analyzing strategic human resource process ..................................................................52.2 Roles in strategic human resource management .............................................................62.3 Development and implementation of HR strategies ........................................................7ACTIVITY 2 ...................................................................................................................................8ACTIVITY 3....................................................................................................................................83.1 Identification of various HR strategies ............................................................................83.2 Assessment of HR strategies and their application .........................................................9CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................10ILLUSTRATION INDEXIllustration 1: Harvard model ..........................................................................................................5
INTRODUCTIONStrategic human resource management focuses on analyzing opportunities and threatswhich exists in the environment and also formulate strategies according to organization strengthand weakness. Strategic HR framework aims to align with HR practices to develop criticalcapabilities to achieve organizational goals and objectives. This present report focuses onassessing the strategic human resource process and also analyzes the development andimplementation of human resource strategies. To understand this process better, organizationundertaken for the present study is Cambridge Satchel Company which is a British company thatdevelops satchels and other leather products. Further, this report focuses on identifyingcontemporary issues which is affecting the organization human resource management. Thisreport also reflects on range of HR activities and also on various HR strategies and theirimplicationsACTIVITY 11.1 Definition of strategic human resource management Strategic management is defined as a process of continuous planning, visualizing,monitoring and analyzing all the necessary activities which are required by an organization tomeet their goals and objectives (Hill and Jones, 2007). It also states proactive management ofemployees in an organization. It involves hiring, discipline, and payroll as well as also includesworking with employees in a familiar way. Moreover, HR manager focuses on different actionswhich make Cambridge Satchel Company unique from their competitors. HR manager alsofocuses on:Designing and management of personnelUse of planning technique within mentioned companyFocuses on matching HRM activities and policies in order to improve their businessactivities.Focuses on gaining and attaining competitive advantage.Furthermore, strategic HRM within the mentioned company addresses various issueswhich emphasis on cultural and structural change, effectiveness of the organization to performtheir services and also matching resources according to the requirements (Heathfield, 2015).However, strategic HRM deals with major issues like strategic plans which affect the1
organization productivity and revenue. The core fundamental aim of strategic HRM is to developstrategic capability by securing that Cambridge Satchel Company has skilled, talented,committed and motivated employees who are performing their best to achieve individual as wellas organizational goals (Godin, 2006). This fundamental aim will further lead corporate to have asustained competitive advantage. Apart from this, strategic HRM also considers the interest of all the stakeholders ofCambridge Satchel Company. These stakeholders include employees, their management teamand also the potential share owners. Moreover, strategic HRM focusing to achieve a proper andhealthy balance between hard and soft strategic HRM elements. Soft HRM gives more attentiontowards human relation aspect as it consider employee’s management, proper communicationbetween different departments and also focuses on giving security to their workforce. On thecontrary, hard HRM treats employees as only resource of business same as like machines andbuildings (Lee, Kim and Park, 2012). It is traditional kind of approach where there is minimumcommunication and little empowerment and delegation.Conclusively from the above judgment, strategic HRM have to achieve and develop aproper balance between soft and hard HRM.1.2 Importance of human resource management within organization Cambridge Satchel Company cannot develop a healthy and quality functioning teamwithout having a good and talented human resource. Key function of HRM is to select andrecruit talented personnel, train them, make performance appraisals, motivate employees andalso develop a healthy workplace communication. Importance of HRM within cited company isas follows:Recruitment and selection- Recruiting and selecting means choosing the best and suitablecandidate for the particular job. This is the core and major responsibility of the HR teamof business enterprise. HR manager have to prepare job description and job specificationstatement to choose the best talented workforce (Gillam and Siriwardena, 2013).Effective utilization of resources- HR manager of the cited company has to utilize bothhuman and non-human resources to achieve goals and objectives. For effectiveutilization, HR is required to develop effective policies and procedures for betterfunctioning of the organization. Satisfaction of employees- HR manager of Cambridge2
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