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Managing Human Capital and Leadership Assignment - ASDA

   

Added on  2020-10-22

16 Pages5699 Words82 Views
MANAGING HUMAN CAPITAL ANDLEADERSHIP
Managing Human Capital and Leadership Assignment - ASDA_1
CONTENTSCONTENTS....................................................................................................................................................2INTRODUCTION............................................................................................................................................4TASK – 1..........................................................................................................................................................4Approaches to HRM with relevant models......................................................................................4Guest models of Human Resource Management in ASDA......................................................................5Hard and soft HRM.................................................................................................................................6TASK – 2..........................................................................................................................................................7Discussing the HR functions in ASDA in relation to SHRM initiatives and recommendations for improving the process..............................................................................................................................7Relevant recommendation for improvement in the process...................................................................10TASK – 3........................................................................................................................................................11Evaluation of HRM software programs and analysing which one of these software programmes would be mostly beneficial to ASDA....................................................................................................11TASK – 4........................................................................................................................................................13Characteristics of effective leaders considering issues recognised in the previous tasks.......................13CONCLUSION..............................................................................................................................................14REFERENCES...............................................................................................................................................15
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ABSTRACTThe human resource department of any firm is responsible for recruiting as well asselecting appropriate candidate at right time and place. They are being referred as aparamount element for the company’s success. Additionally, they are accountable to offereffective training and development sessions to their newly recruited members and engagetowards motivating them as they are the crucial asset on whom the success of theorganization is dependent. Keeping this in intellect, the main aim of the current research is todiscuss the possible restructuring of the HRM practices in ASDA for making them forsuccessful and effective in the outside world. Further, approaches being adopted by ASDA tomanage their human resource and various HR functions in relation to its strategic humanresource initiatives have been evaluated significantly. Moreover, different HRM softwareprograms along with features of effective leaders as well as relevant models have beendiscussed significantly.
Managing Human Capital and Leadership Assignment - ASDA_3
INTRODUCTION Human resource management is a systematic process of managing the employees atthe work area so as to attain the organizational objectives and goals. The human resourcedepartment of any firm is responsible for recruiting as well as selecting appropriate candidateat right time and place. Additionally, they are accountable to offer effective training anddevelopment sessions to their newly recruited members and motivates them as they are thecrucial asset on whom the success of the organization is dependent. Further, the HRdepartment focusses on recruiting people with efficient motivating, time management andemployability skills (Armstrong and Taylor, 2014). With effective HRM within the firm, asustainable competitive advantage can be attained positively. Keeping this intellect, the mainaim of the current research is to discuss the possible restructuring of the HRM practices in anorganization for making them for successful and effective in the outside world. ASDA is being taken as a case company for this assignment. The company operatessuccessful as one of the largest food retailers in UK and headquartered in England. They areengaged into the business of wide range of merchandise such as music videos, food, apparels,house wares and books (ASDA, 2018). They share around 16.4 percent in total UK grocerymarket. The report will evaluate the approaches being adopted by ASDA to manage theirhuman resource and will also elaborate various HR functions in relation to its strategic humanresource initiatives. Recommendations will also be done regarding improving the process inthe company. Additionally, evaluation of different HRM software programs will be donealong with features of effective leaders as well as relevant models will be discussedsignificantly. TASK – 1Approaches to HRM with relevant models Owing to the increasing globalization as well as competition, the need for creatingstrategies that supports the firm in building brand image as well as reputation uniquely isquite necessary. The firms are in great requirement to have best possible outcome of theirinputs, which can be attained with effective management of organization’s human capital.With the increase in of satisfaction level of the employees, the productivity as well asprofitability of the company will also enhance. Concerning this, it can be said that there is awant to cultivate those human resource strategies and plans that supports in achieving acompetitive edge over the other companies in the market. Focusing towards ASDA, thecompany is successfully carrying out their business functions in such an environment, which4
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