Organisational Strategic HRM and Analytics Analysis

This document provides an analysis of organisational strategic HRM and analytics. It discusses HR strategies, HR planning considerations, and the use of HR analytics for implementing strategies. The case study focuses on BHP Billiton, an Australian multinational company.

Organisational Strategic HRM and Analytics analysis
Assignment 1
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Table of Contents
Introduction.................................................................................................................................................2
Organisation overview.................................................................................................................................2
External and internal business context and future competitive position......................................................2
SWOT analysis........................................................................................................................................2
Competitive position...............................................................................................................................3
Critical evaluation of HRM strategies.........................................................................................................4
Identification and discussion of HR strategic initiative to meet firm challenges and opportunities.........4
Key HR planning consideration to implement the strategic changes required.........................................6
The use of HR analytics for implementing HR strategies........................................................................7
Conclusion...................................................................................................................................................8
References.................................................................................................................................................10
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Introduction
The purpose of the paper is to provide an effective view of the human resource management
strategy and the planning process within the business. To effectively understand the process the
organisation BHP Billiton has been selected. The paper eventually discusses the business activity
and the HR management process within the firm for developing strategic improvement within
the business. The paper also focuses on HR analytics for the implementation of an effective HR
strategy within the business to enhance the organisational value.
Organisation overview
BHP Billiton is the Australian multinational metal, mining as well as Petroleum Company that
was founded in the year 1885. They served the area of worldwide with their products like iron
ore than the coal, petroleum, natural gas, uranium, and nickel. The organisation has more than
62000 employees, and their revenue is calculated to be of 43.638 billion, and their net income is
of 4.823 billion dollars (BHP | A leading global resources company, 2019). In the year 2017,
they were ranked as the world largest mining company. They are also considered to be the
largest company in Australia in term of their market capitalisation.
External and internal business context and future competitive position
SWOT analysis
Strengths Weaknesses
 Have a strong market position
 They even diversify the revenue stream
as well as have a strong financial
position
 Have a strong international brand name
 CSR activities performed to enhance
the brand image (BHP | A leading
global resources company, 2019)
 The marketing is effectively done
centrally for delivering the highest
value of a business process
 The organisation is relatively successful
at the execution of the new projects as
 The intervention of the government is
causing inefficiencies within the
operational activity of the firm
 They have faced numerous criticism
due to past incidents
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well as generate a good return on the
capital expenditure
Opportunities Threats
 Acquisition of the various related
smaller companies within the business
 They are also facing the expansion
within the operation field of the coal
and the copper (BHP | A leading global
resources company, 2019)
 They even tieups as well as associated
with the other global companies
 The economic, as well as the increase
within the customer spending, allow the
position growth for the firm
 The level of competition within the
market is huge
 The organisation face a reduction in the
export demand within certain countries
due to the strong in-house production
Competitive position
The level of competition within the market is huge where the organisation is having a suitable
competitive advantage position within the market. The primary competitors of BHP Billion are
the Anglo American then the Exxon Mobil then the BP, Nippon Steel and the Royal Dutch Shell
(BHP | A leading global resources company, 2019). The organisation has a valuable position
within the market which helps them to hold the competitive level throughout the world. The
organisation is working in the most serious form to reduce the time as well as to achieve the
inclusive environment along with the optimal diversity balance in term of the work
diversification within the market. The organisation has the diversified assets that help them to
hold their position and their worth within the market. They are having the global collection of the
large then the low-cost as well as the expandable assets for dealing with the competitors within
the market.
The organisation also provides their highest priority to the customers which are considered to be
other competitive advantages for the business. Due to the high level of competition, it can be
seen that the entire activity regarding the level of customer satisfaction within the market. The
organisation is providing high-quality service as well as products to the customers. They
eventually maintain diverse activity within the field for dealing with the situation and also for
analysing the view of the firm within the world (BHP | A leading global resources company,
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2019). The organisation holds a suitable position within the market by the help of their
competitive advantages where the firm effectively gets the value and the suitable position within
the field. Each of the competitors has a limited scope of products where BHP Billiton is having a
diverse scope regarding their products and the services that are effectively provided to the
customers. The organisation holds the most suitable position in the market in term of the
competition level.
Critical evaluation of HRM strategies
Identification and discussion of HR strategic initiative to meet firm challenges and
opportunities
Strategic Human Resource is one of the most effective and the valuable part for the business that
help the organisation to develop their value and their operational activities to meet the
opportunities and the challenges that are being faced by the firm (Delery, & Roumpi, 2017). The
human resource strategic initiatives are the initiatives where the people are considered to be the
primary asset for the firm. In this situation, the plan is effectively made to focus on the customers
and their satisfaction level within the market. In this process, the HR manager needs to develop
the balancing act as well as the balancing scale for providing the most effective satisfaction level
to the customers. The tactics and the initiatives are to be taken flawlessly within the business for
delivering some of the best space for the development of the firm (Paul et al., 2016). The HR
initiatives within the business are even associated with the technology and the development
value for maintaining the activities of the company. The suitable initiatives that have been
developed by the Human Resource Management for the organisation BHP Billiton are as
follows;
 Maintain the legal and the government activities within the business: The primary
challenge that has been faced by the organisation is regarding the government
intervention within the business activity, and for that, the initiative of maintaining the
legal activities has become highly essential (Hollenbeck, & Jamieson, 2015). This
initiative allows the HR manager to effectively analyse the situation and deal with the
legal activity regarding the production and value of the company. The legal activity of the
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country is quite effective in term of the mining company and for that providing the most
effective and valuable working function within the field is highly essential.
 To enhance the trust and the value among the customers: Another challenge is
regarding the criticism that has been faced by the company in the previous year’s which
have lowered the worth of the company. With the help of this initiative the HR
management team help to develop the trust among the customers with their effective
service and the operational activities so that the customers can trust the company
regarding their products and services within the market (Martin et al., 2016). The HR
team effectively monitor the entire activity of the firm for analysing the entire operational
process within the business.
 Worker compensation as well as the classification: The HR management maintain the
activity and the compensation factor of the staff members to enhance the opportunity and
the business growth within the market. The pay transparencies then the salary history of
the entire working functionality of the staff members are highly controlled by the HR
team within the BHP Billiton. The organisation with their classification process can
effectively analyse the need of the staff members and provide them with the most suitable
value within the market (Collings, Wood, & Szamosi, 2018). It is highly effective for the
HR manager to focus on the staff members regarding their compensation for maintaining
their work within the company.
 Personalisation of the benefits delivery as well as the communication: The primary
opportunity for the firm is to enhance their brand value and acquisition of the business
with other small corporations. In this process, the HR management team needs to analyse
the benefits and the value that could be effectively developed within the field for dealing
with the process and analysing the value of the firm (Marler, & Parry, 2016). The process
of communication allows the HR manager to maintain a healthy relationship with the
companies and the business process within the field for dealing with the situation and
delivering the most effective value within the field.
Key HR planning consideration to implement the strategic changes required
The HR planning process allows the firm to effectively plan for the implementation of the
strategy in the most suitable way. Implementing the HR strategy needs to be effectively done
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with the support of suitable planning so that the staff members can deal with the changes that
took place within the business (Brewster, 2017). It is the primary fact that the entire activity of
the people is to value their business process and their understanding within the field for dealing
with the situation in the suitable as well as an adequate way. The implementation of the strategy
is done by developing the organisational goal. The very first step that needs to be followed
within the Hr planning process for dealing with the situation and the implementation of the
strategic plan for the change within the business is to access the present HR capacity of the
business (Choi, Ravichandran, & O'Connor, 2018). For BHP Billiton it is highly essential to
understand their HR capacity and the working activity that would help them to enhance the trust
among the customers for developing the value and the business process within the field. The HR
manager needs to understand the talent and the importance of the people for dealing with the
process and developing value within the market.
The key HR planning consideration in term of the business is associated with the forecasting of
the labour demand to enhance the opportunity for the firm to get associated with the smaller
companies and another mining firm all over the world (Sánchez, Marín, & Morales, 2015). It is
also essential for the HR manager to effectively communicate with the staff members and share
the vision to make them understand regarding the value and the business growth within the
market. Moreover, it can be seen that the use of the planning process allow the HR management
team to maintain their supply regarding the skilled staff members within the firm. For
maintaining the state and the local law and also to perform the activity in term of the government
rules it is highly essential to have the suitable legal staff members to deal with the situation
(Albrecht et al., 2015). The HR management team of BHP Billiton use the short term win
situation and the valuation process for maintaining the value of the firm and also to provide the
valuable working function with the staff members (Angrave et al., 2016). The key planning
consideration in this process helps the entire business to enhance their operational activity and to
deliver the most suitable service to the customers.
The entire activity of the HR management team is to deliver effective communication system to
the customers so that they can easily maintain their trust and the value within the market
(Boudreau, & Cascio, 2017). Moreover, it is essential for the HR manager to focus on the
measures and the relevant activity within the business process for dealing with the business and
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also to maintain the activity of the firm by entirely implementing the situation and the developed
firm to deal with the business process. The HR manager needs to monitor the staff members and
their operational activity that would help the HR team to maintain the compensation and other
benefits for the workers within the business (Erevelles, Fukawa, & Swayne, 2016). It is highly
essential for the business to understand the value and develop the business activity effectively
within the field. In this process also effective communication allows the business to develop their
market and their value within the field. Human resource planning help to enhance the view and
the value for the business that would effectively allow the entire facilities to develop their value
and their understanding for dealing with the situation and also to maintain the business value
within the field.
The use of HR analytics for implementing HR strategies
The HR analytics is considered to be the highly beneficial techniques which enable the
management team to actively monitor as well as manage the problem areas within the
organisation. The use of HR analytics allows the firm to effectively implement the strategy
within the business with the suitable process that would help them to maintain their activity
effectively within the market for the betterment of the business process (Simón, & Ferreiro,
2018). Numerous steps could be followed by the firm regarding the implementation of HR
strategies with the help of the HR analytics process. The very first step in this process is to
perform the research within the firm for gathering relevant and suitable information. For analysis
of the entire activity, it is highly essential to gather the information from the business to develop
the business goal and the activity within the market for dealing with the business value and the
staff member's activity within the field (Pape, 2016). The HR team can also utilise various
analytical tools like the data mining techniques then the data transformation as well as the data
visuals for getting the most effective and the valuable understanding regarding the activity of the
firm within the market for the effective implementation of the system within the field (McIver,
Lengnick-Hall, & Lengnick-Hall, 2018). The use of HR analytics in the planning process is
effectively done for providing the value to the market and also to maintain the communication
process then the monitoring process and the purchase value of the firm.
The HR analytics also develop an effective action plan that allows the business to understand the
most effective value within the market. In this process, the HR leaders effectively utilise the plan
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that has been developed for the implementation of the strategic value within the business
(Levenson, & Fink, 2017). The use of HR analytics also allows the firm to ensure that the
analytical data that has been gathered within the business is legally compliant for dealing with
the process within the most effective and valuable system in the market. It effectively ensures the
data plan and the process in term of their business activity to value the highly effective business
value within the market (Buzko et al., 2016). In the digital era, it is highly essential to maintain
the privacy and the priority in every field for developing the value and the system within the
business process. The HR analytics also help to streamline the process for dealing with the
effective situation that would help them for effectively dealing with the situation. This allows the
HR manager to analyse the entire situation and develop the market value within the firm
(Rajbhar, Khan, & Puskar, 2017). They are also essential to utilise the right skill-set among the
staff members which help them to analyse the business activity and the valuation process within
the field for dealing with the situation in an essential way.
Conclusion
BHP Billiton is the mining industry, and for that, the HR management team have a vital aspect of
maintaining the staff members and the strategies within the business. It can be concluded from
the paper that the use of effective Hr planning then the HR analytics process the manager can
implement the activity within the market for dealing with the situation formed within the
business. It can also be concluded that the HR manager needs to monitor the staff members and
their operational activity that would help the HR team to maintain the compensation and other
benefits for the workers within the business.
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