SHRM

SHRM

Contents
INTRODUCTION...........................................................................................................................1
LO 1.................................................................................................................................................1
P1 Current trends and development that have impact on HR strategy of organizations.............1
P2 Internal and external factors that influence HR practices and strategies................................2
M1 Analysis effect of external & contextual development on Human Resource strategy of an
organisation..................................................................................................................................4
D1 Evaluation of impact of external & contextual development applying theories as well as
concepts.......................................................................................................................................5
LO 2.................................................................................................................................................5
P3 Relevant concepts and theories to development and growth of strategic HRM.....................5
M2 Analysis of how HR theory relates to an organisation..........................................................6
D2 Evaluation of how HR theory relates to organisation context...............................................6
LO 3.................................................................................................................................................7
P4 Change management models that support HR strategies in application to organizational
examples......................................................................................................................................7
M3 Justifications of change model and how it supports Human Resource strategy...................8
D3 Critically Evaluate change management model and strategies..............................................9
LO 4.................................................................................................................................................9
P5 HR outcomes can be evaluated and managed within the specific organizational situation...9
P6 HR development and management support sustainable growth to meet organizational
objectives...................................................................................................................................10
M4 Suggestion for Human Resource development techniques.................................................11
D4 Evaluation of how monitoring & evaluating techniques contribute towards growth and
sustainable performance of company........................................................................................11
CONCLUSION..............................................................................................................................12
REFERENCES..............................................................................................................................13

INTRODUCTION
Human resource management plays crucial role within any business organization through
selecting, recruiting and hiring numerous candidates for firm at right position. Human resource
department develops different types of strategies for every business by which an organization is
able to conduct their recruitment process in a better way and make particular criteria to select
people for specific job position as per their working performance. In another words, strategic
human resource management is known as the best procedure of selecting, recruiting, rewarding
and retaining better candidates for firm to accomplish organizational goals and objectives.
Cosmos Company has been selected for this report, it is a UK based independent tour operator
firm that offering ample number of holiday packages to market of UK (Albrecht and et. al.,
2015). It is headquartered in Switzerland and was formed in 1961. Moreover, discussion will be
based on contextual and external development, several theories and practical knowledge of HR
development, models that support HR strategies and HR contribution to achieve desired goals.
LO 1
P1 Current trends and development that have impact on HR strategy of organizations
According to the several changes within the business environment there are large number
of strategies are developed by every firm to get changes update any time so that they can run
their business accordingly. There are several kinds of developments and trends; those are going
to be discussed below:
Work force Diversity:
It refers to the similarities along with so many differences towards employees in the term
of cultural background, physical disabilities and abilities, gender, religion, race and competition.
Thus, diversity is properly linked to the firm’s strategically directions that bring changes within
the workplace. Due to this changing trend demand of equal pay raised by employees so that they
can put their huge efforts that creates for them to achieve business goals and objectives in an
effective manner. With the help of this they can make their working process effective and
achieve targeted goals on time (Armstrong and Taylor, 2014). In regards with Cosmos, as this
industry dealing with tour operating services so that they their own scheduled and offer different
types of benefits to their employees. Furthermore, it helps human resource manager to adopt
different strategies so that they can exist in marketplace for long time. Within the current
1