Management of Human Resource with Effective HR Practice

MANAGEMENT HUMAN
RESOURCE

EXECUTIVE SUMMARY-
This report is divided in two tasks which gives information on management of human resource
with effective HR practice and methods that are undertaken for performance management and
reward system. These things are necessary so that they can retain employees and make them feel
valued. Even employees need to take necessary actions and participate more so that they can turn
out to be better ones for the company.

Contents
INTRODUCTION...........................................................................................................................4
TASK 1............................................................................................................................................4
Explain the relationship between business strategy and the human resource strategy with
further Explanation of vertical alignment and horizontal integration across the organization....4
Critically evaluate, compare and contrast, the theoretical basis and models of SHRM..............5
Strategic perspectives of Best fit/Contingency, Best Practice/Universalist and Resource Based
View.............................................................................................................................................6
Critically evaluate the specific HR practices of Performance Management and Reward
Systems........................................................................................................................................6
Recommendations........................................................................................................................7
TASK 2............................................................................................................................................8
Explain and critically discuss the nature and theoretical perspectives of Employment Relations
.....................................................................................................................................................8
Identify and critically evaluate the roles of the actors within the Employment Relationship
with analysis of the changing nature of employment relations...................................................9
Recommendations of how mechanisms of employee participation and employee voice can
contribute to improved employment relations...........................................................................10
CONCLUSION..............................................................................................................................11
REFERENCES..............................................................................................................................12

INTRODUCTION
Human Resource Management, or HRM, is the practice of managing people to achieve better
performance. For example, if you hire people into a business, you are looking for people who fit
the company culture as they will be happier, stay longer, and be more productive than people
who won't fit into the company culture. Marks and Spencer Group plc is a major British
multinational retailer with headquarters in London, England, that specializes in selling clothing,
home products and food products, mostly of its own label. This report highlights issues such as
Explain the relationship between business strategy and the human resource strategy. Explanation
of vertical alignment and horizontal integration. The theoretical basis and models of SHRM.
Strategic perspective and approaches of HR which are used in management to work with better
decisions. HR practices of Performance Management and Reward Systems. Nature and
theoretical perspectives of Employment Relations. The roles of the actors within the
Employment Relationship with analysis of the changing nature of employment relations (Kianto,
Sáenz and Aramburu, 2017).
TASK 1
Explain the relationship between business strategy and the human resource strategy with further
Explanation of vertical alignment and horizontal integration across the organization
By maintaining the relationship between strategy of HR and business it highlights and
enrolls that it assess communication on a clear level and trust is maintained between employees
and higher level of management. This is done by increasing the involvement of employees
through which they can maintain higher levels of trust as this way it will assess the respect
between employees and team of management. The reason behind formation of trust is as the
management shares knowledge with each other which helps them to understand their vision and
that is how they understand the importance of achieving goals of company. It is important that
they have used the right form of strategy as that way they will be able to retain them and develop
their skills and abilities to make them highly competent. In order to maintain relationship
between HR and strategy of business it is necessary that leaders of companies such as Marks &
Spencer are committed to their work. It is because they have to go through many barriers which
vary and require support in finances so that practices of HR can be implemented. Other than that