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Human Resource Management: Strategies, Models, and Impact of Environmental Factors

   

Added on  2023-06-17

14 Pages3695 Words220 Views
Leadership Management
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HUMAN RESOURCE
MANAGEMENT
Human Resource Management: Strategies, Models, and Impact of Environmental Factors_1

Table of Contents
ABSTRACT....................................................................................................................................3
INTRODUCTION...........................................................................................................................4
MAIN BODY..................................................................................................................................4
TASK A: How HR strategies change by firm with the concept of strategic HRM.....................4
TASK B: Impact of environmental factors on HR plan and culture...........................................5
TASK C: HR model that create value for organisation...............................................................6
TASK D: Differentiate between personal and HRM management with the use of Storey’s 27
points............................................................................................................................................7
TASK E: Significance of local culture in the human resources management.............................9
TASK F: Examine the variations in terms of employment laws when international HRM
changes local business systems.................................................................................................10
TASK G: Suggestions for the workers regarding HRM practices to ensure that the company’s
performance is high...................................................................................................................10
CONCLUSION..............................................................................................................................11
REFERENCES..............................................................................................................................13
Books and Journals:...................................................................................................................13
Human Resource Management: Strategies, Models, and Impact of Environmental Factors_2

ABSTRACT
Human resource management is an important management activity for company as
human resource is the most valuable asset of organisation. That's why it is necessary for an
organisation to hire talented employees who are able to perform their job with full dedication in
order to attain organisational goals and objectives. This report is discussing HR strategies of
organisation in order to achieve goals and objectives.
Human Resource Management: Strategies, Models, and Impact of Environmental Factors_3

INTRODUCTION
Human resource management is defined as the practice of including many functions such
as recruiting, deploying, hiring and managing employees of an organisation. HRM plays a very
important role in organisation success and growth (Cooke, Schuler and Varma, 2020). It is the
strategic approach which is used by organisation in order to effectively and efficiently manages
their employees so that they can gain competitive advantage in the market. This report will be
discussing important HR strategies in order to achieve organisational objectives. In this context,
Unilever is undertaking for analysing the impact of environmental factors on HR. Unilever is the
British multinational consumer goods organisation that runs their business is many countries.
This report also discussed important HR models and job design strategies. In addition to this, it
will also cover some hiring and firing strategies.
MAIN BODY
TASK A: How HR strategies change by firm with the concept of strategic HRM.
In today's business environment, every organisation is facing a tough competition and
complexities due to the uncertainty. That’s why it becomes very necessary for company to make
their human resource competitive so that they can deal with all the challenges of business
environment (Peccei and Van De Voorde, 2019). For that purpose, it is necessary for Unilever to
change their HR strategies as it assists them to achieve their goals and objectives. In addition to
this, company needs to understand the concept of strategic human resource management as it is
very important for their survival in the market. Strategic human resource management is the
process in which organisation use strategy for their human resources so that they will well
coordinated and consistent in the organisation. It is including four types of human resources
strategies such as recruitment and selection, performance review and performance appraisal,
learning and development, compensation & succession planning. These are important strategic
human resource management types which should be understood by organisation in order to
formulate strategies.
After COVID-19, it is identified that retail sector is facing difficulties in the market due
to heavy slowdown. This can be done only with the assistance of human resource management.
Human Resource Management: Strategies, Models, and Impact of Environmental Factors_4

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