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Importance of Strategic Human Resource Management

   

Added on  2020-12-09

14 Pages4227 Words70 Views
SRATEGIC HUMANRESOURCEMANAGEMENT

ContentsINTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................3P1 Current trends and developments that influence an organisation's HR strategy....................3P2 External and internal factors influence HR strategy and practice..........................................4TASK 2............................................................................................................................................6P3 Relevant theories and concepts relating to the growth and development of strategic HRM..6TASK 3............................................................................................................................................7P4 Appropriate change management models support HR strategy.............................................7TASK 4............................................................................................................................................9P5 How HR outcomes can be monitored and measured and apply this to a specificorganisational situation................................................................................................................9P6 Evaluation of effective HR management and development which can support sustainableperformance.................................................................................................................................9CONCLUSION..............................................................................................................................10REFERENCES..............................................................................................................................11

INTRODUCTIONHuman resource management is determined as one of the crucial element in anorganisation that plays an important role in assisting company for executing their plans in aneffective manner. Human resource strategy comes under this and this department make long termplans so that objectives can be achieved in a speculated time frame. Other than this, HRMstrategy unifies and direct behaviour and action of people considering overall developmentwithin the organisation. TNT, is a company which is taken in this assignment and it is one of themarket leader in field of express delivery system. This report will focus on external andcontextual developments that influence HR strategy. Every aspect has a theoretical perspectivethus, practical knowledge of HR development have also elaborated. Other than this, appropriatechange management model that supports HR strategy are mentioned in this assignment. Lastly,evaluation of the contribution of HR management and HR development in order to sustainablebusiness performance and growth is included in this report.TASK 1P1 Current trends and developments that influence an organisation's HR strategyStrategic human resource management is very important for an organisation in order toachieve certain objective and targets in a given period of time (Anderson, 2013). Companyrequires an effective team with the help of which they can attain set goals thus, Strategic HRMconduct an analysis so as to determine what all things and actions are required to improve theproductivity of the firm. Moreover, it is crucial that TNT on a regular basis consider currenttrends that can put an impact or influence organisational HR strategies. Some of them arementioned below for better understanding:Impact of globalisation: Globalisation is determined as a process through whichintegration and interaction of companies, people and culture have been made possible. Thus, itcan be said that globalisation has put an impact on the business operations of company. With thehelp of this, TNT can advance its transport and communication technologies because of whichcompany is providing effective delivering system. Workplace Diversity: In an organisation workplace diversity plays both as a positive ornegative factor. This can aid company in delivering best services and facilities or it can createproblem in maintaining better working environment (Aswathappa, 2013). In terms of TNT4

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