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Resource Management Asda Store Limited

   

Added on  2019-12-04

12 Pages3931 Words193 Views
RESOURCEMANAGEMENT

TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1ACTIVITY 1: HRM........................................................................................................................11.1...........................................................................................................................................11.2...........................................................................................................................................22.1...........................................................................................................................................22.2...........................................................................................................................................32.3...........................................................................................................................................32.4...........................................................................................................................................41.3...........................................................................................................................................4ACTIVITY 2: PHYSICAL RESOURCE MANAGEMENT..........................................................53.1...........................................................................................................................................53.2 & 3.3.................................................................................................................................6ACTIVITY 3: MARKETING..........................................................................................................64.1...........................................................................................................................................64.2...........................................................................................................................................74.3...........................................................................................................................................7TASK 4: INFORMATION SYSTEM MANAGEMENT (ISM)....................................................75.1 & 5.2.................................................................................................................................75.3...........................................................................................................................................8CONCLUSION................................................................................................................................8REFERENCES................................................................................................................................9

INTRODUCTIONIn order to get success in this competitive world, management of firms requiresmaintaining a strong relationship with their human resources. In this context, it is essential forbusiness entities to focus on strategic human resource management while making HR policiesand performing practices related to employees. Strategic Human Resource Management (SHRM)includes several policies, processes and methods that a company can use while making strategyfor managing and retaining their employees (Wright, Guest and Paauwe, 2015). SHRM helps inidentifying the current and future needs of human resources within organization so that desiredrequirements can be fulfilled. In the current report, Asda Store Limited has been chosen which isa British supermarket retailer chain and its headquarters in West Yorkshire, England. Besidesthis, company also offers wide range of products and services such as finance, mobile phone etc.Here, different activities are involved such as human resource management, physical resourcemanagement, and marketing & information system. However, all these activities assistorganization to maintain effective relationship with workforce and thus develop business strategyin order to attain organizational goals (Banfield and Kay, 2012). ACTIVITY 1: HRM1.1Main objective undertaken by Asda in relation to maintain effective relationship withhuman resources is to attain organizational goals. However, there are wide ranges of competitorsprevailing in the retail market; therefore Asda faces various challenges in respect of running theoperations worldwide. Hence, company aims to retain its skilled and talented employees so thatthe best products and services can be delivered to consumers. Business entity also aims toimprove its sales and profitability in relation to overcome competitors. Thus, employees ofbusiness move towards the vision of firm in order to attain desired targets (Gavino, Wayne andErdogan, 2012). Moreover, HRM plays a main role in contributing to the achievement oforganizational goals such as improving sales and profitability. Human resource management alsoassists business to utilize skilled and talented employees in regard to develop strategic plan forAsda. Also, it is essential for firm to determine the needs of every employee so that effectiveworking environment can be provided to them in order to attain satisfaction. Human resourcemanagement effectively contributes in managing human resources so that resources can beutilized effectively in order to attain organization targets. 1

1.2According to the view of Bamberger, Biron and Meshoulam (2014), HR professionalsand managers are crucial part of business as they helps in organizing people to carry out theirrespective activities in an effective manner. In regard to this, it is essential for Asda to view thehuman resources as assets and not costs to business. However, at all levels business is required todevelop coordination and collaboration in regard to develop skills and capabilities of employees.HR team plays a major role in recruiting. Coordinating and hiring employees within firm so thatoverall objectives can be attained. HR manager of Asda is required to provide effective trainingto its employees so that they are able to provide effective products information and servicedelivery to consumers so that satisfaction can be attained (Bamberger, Biron and Meshoulam,2014). In other aspect, it can be said that HRM team assists management of the company to treatindividuals as essential resources of business so that employees can feel the sense of importance.This, in turn helps Asda to fulfill its organizational goals and objectives. HRM includes variousprocesses such as recruitment, selection, training and development so that skilled andexperienced staff members can be retained and managed for long term. 2.1Recruitment and retention are the best strategies that need to be adopted by the HRprofessionals of business. With the help of recruitment, organization is required to select skilledcandidates within business and thus attain desired targets. While, undertaking retention tactics bythe HR managers helps firm to employ effectual techniques such as providing effective workingenvironment, rewards and awards so that employees can be satisfied and retained for long term.Recruitment strategies include selection process for skilled candidates among the pool ofapplicants so that best individual can be hired for the job (Dries, 2013). On the other hand,retention strategies involve training and orientation program, simulation games, career orientedseminars, workshops on customer satisfaction etc, so that best workers can be retained withinfirm. Furthermore, recruitment strategy is the process to attract skillful individuals with thehelp of selection process and thus business analyzes their skills and talents through undergoingdifferent mental tests and hires them within organization. However, sometimes such strategyseems to be ineffective as HR professional hire unskilled candidates who are not able to achievedesired targets. Therefore, it is essential for HR manager to pay proper attention at the time of2

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