The Strategic Context of Human Resource Management - Desklib
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This report covers concept of HRM, best practices of human resource management, alignment of business strategies with HRM strategies as well as impact of these strategies on organisational performance and productivity.
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The Strategic Context of Human Resource Management
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Contents INTRODUCTION...........................................................................................................................3 TASK...............................................................................................................................................3 Concept of Human resource management...................................................................................3 Best practices in HRM.................................................................................................................4 Alignment of company's business strategies and HR strategies..................................................5 Impact of both the strategies over the performance and productivity of business......................6 CONCLUSION................................................................................................................................7 REFERENCES................................................................................................................................8
INTRODUCTION Human resource management is define as the practices that are related to recruiting, hiring, managing as well as deploying employees of organisation. It is an strategic approach that enables business to manage people in effective and efficient manner that enables organisation to gain competitive advantages. There are various strategies are used in HRM practices that help business to maximise their performance and facilitates business to attain determined goals and objectives on time with efficiency. In this report the chose organisation is Unilever PLC which is British multinational consumer goods organisation headquarter situated in London, England, UK. It is established in 1929 and serve its products and services at worldwide. Respective organisation involve in providing food products, well-being vitamins, tea, coffee and various other products. 1,55,000 employees are engaged within organisation according to the data of 2021. This report covers concept of HRM, best practices of human resource management. Furthermore, alignment of business strategies with HRM strategies as well as impact of these strategies on organisational performance and productivity are mentioned in this report. TASK Concept of Human resource management The concept of human resource management is considered as the process of that includes various activities such as recruiting, selecting, provide training and development, deciding employees compensation, maintaining effective relation with employees and appraising their performance. It is related to managing people within organisation in well-defined structured manner through adopting various adopting various approaches like performance management, change management as well as taking care of organisational existing employees to retain them with organisation for longer period of time (Ansell, and Gash, 2018). The primary objective of Unilever PLC to implement HRM practices is to ensure the availability of right people on right job position so goals and objectives can be achieved in efficient manner. It helps respective organisation to motivate employees and ensure optimum utilisation of available human resource to attain determined objectives on time with great efficiency. Unilever organisation maintains
ethical policies and effective relationship with employees that helps business to accomplish defined goals and objectives. Best practices in HRM Best practices are defined as the human resource management process and actions that are adopted the organisations to run business operations in efficient manner. Best practices are the set of universal HR process that lead business towards attaining higher performance as well as support organisation to gain competitive advantages than other competitors. Some best practices of HRM that are adopted by Unilever PLC and other organisations are mentioned below: Hire right candidates:This is the most important or best HRM practice that enables organisation to hire most suitable employees who add value in business operations. Unilever organisation hire employees who are fit for defined job role. To appoint suitable employee organisation develop a structure and fair selection process through accessing different legal requirements, business internal diversity goals and requirements of job role (Durand, Grant and Madsen, 2017). It is very important for organisation to understand the behaviour of consumers and their different needs. Bringing right people within organisation provides various competitive advantages Create favourable working conditions:It is the most important HRM practice is related to working on organisational atmosphere which is designed to satisfy needs of employees as well as encourage them to enhances their performance and productivity. Unilever PLC provides all necessarycommoditiestoemployeeswhicharerequiredtoenhancetheirperformance organisation ensures safety and security of employees within organisation that help them to perform determined task with effectiveness. Fair and performance based compensation:It is human resource management practice that is related to provides effective and performance based compensation to employees that motivates them to retain with organisation for longer period of time (Gelfand, Harrington and Jackson, 2017). Organisation also provides some additional benefits and rewards to employees for their additional performance inspire that enhances their contribution towards attaining organisational goals and objectives on time with efficiency. Marks & Spencer is the organisation
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that adopts this HRM practice to provide fair and performance-based compensation to employees that boost their morale and motivate to retain with organisation for longer period of time. Provide training and development opportunities:It the best HRM practice that stated that organisation should invest in training and development programmes and prepare budget for it. After selection of people in organisation, it is the responsibility of human resource manager to provides them training in related field and technologies that improves their skills, competencies and enhance working performance. In current competitive business environment, organisations invent in skills-specific forms of training that enhances employees potentiality and enable to contribute in attaining organisational goals (Hong and Varghese,2019). Tesco provides training to employees regarding working process, technologies and offer development opportunities that enhances their working performance and morale to retain with organisation. Alignment of company's business strategies and HR strategies Business strategy is defined as the combination of various decisions and actions that are performed by the organisation to attain determined goals and objectives on efficient manner and to attain strong competitive positioning in market. Business strategies are defined as the backbone of business that provide roadmap to business to leas its activities on right path. Strategic planning is considered as the process ofdetermining organisational long-term goals and objectives as well as describes necessary actions that are required to achieve these goals in efficient manner. Organisational human resource policies and business are greatly linked with each other. As in organisation pool of human resources are working towards attaining business objectives. Unilever organisation linked HRM strategies and strategic business plan to gain competitive advantages in existing market place. Respective organisation take various strategic decisions that are related to both internal as well as external business environment like deciding organisational structure, preparing mission statement. These decisions impacts human resource selection, development and appraisal process (Idowu, 2017). Strong teamwork as well as collaboration among various stakeholders are important for organisation to execute business strategies in efficient manner and gain desired outcome. Leaders demonstrate business strategies and HR managers share them within teams to attain on time for the purpose of gaining competitiveadvantages. Unilevermaintainseffectiverelationshipwith employeesbecause
dedicates employees are important for attaining organisational goals. Management department of organisation takes various decisions and actions to gain positive attitude and behaviour towards business through provides them benefits, fair compensation and development opportunities. The main component of linking business strategy to HRM is the culture of clear communication as well as trust within organisation. Thus, business strategies and HRM are linked with each other and help business to attain determined goals and objectives on time. Impact of both the strategies over the performance and productivity of business In business various strategies are formulated that related to the human resource and organisational objectives. These strategies lead business operations and employees efforts in right direction (Kang, and Sung,2017). Unilever PLC develop various policies and strategies regarding human resource management that motivated them to perform defined task in most efficient manner. There are various impacts of HRM strategies and business strategies on business performance are mentioned below: Unileverprovides fair complementation and engage employeesin decision-making processthatenhancesemployeesengagementandcommitmentwithorganisation. Satisfied employees are more productive for organisation and contribute in attaining business goals in efficient manner. Through implementing HRM and business strategies, business can hire suitable and retain them with organisation for longer period of time that enhance overall business performance and productivity. If business recruit skilled and capable employees and success to retain them with organisation than it reduces the requirement to conduct recruitment and selections process many time that enhances efficiency and effectiveness of business. UnileverPLCorganisationprovidesdevelopmentopportunitiesandtrainingtoits employees that improves various skills, competencies and capabilities of employees. Through utilising these skills and capabilities, employees can perform their defined operations on time that enhances their working performance and productivity as well (Kassotaki, 2019). Motivated employees are work hard to meet organisational goals that directly influences the productivity of organisation and maximise profitability ratio. Proper communication of strategies facilitates employees to adopt changes that enable business to work in difficult conditions and provides competitive advantages. Strong
employees base helps business to sustain in market. Implementation of business strategy and HRM strategies help business to develop strong corporate image and resolve conflicts among employees and organisation that enhances business performance and productivity. CONCLUSION As per the above report, it can be concluded that, human resource management is the approach that related to the formulating policies and strategies regarding development of employees, providing them fair compensation and training that motivates employees to retain with organisation for longer period of time. There are various HRM practices are adopted by the organisation that have connection business strategies because these practices help business to attain determined goals and objectives on time. HRM practices help business to enhances overall performance and productivity of organisation. PART-2 (Covered in PPT)
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REFERENCES Books and Journals Ansell, C. and Gash, A., 2018. Collaborative platforms as a governance strategy.Journal of Public Administration Research and Theory,28(1), pp.16-32. Durand,R.,Grant,R.M.andMadsen,T.L.,2017.Theexpandingdomainofstrategic managementresearchandthequestforintegration.StrategicManagement Journal,38(1), pp.4-16. Gelfand, M.J., Harrington, J.R. and Jackson, J.C., 2017. The strength of social norms across human groups.Perspectives on Psychological Science,12(5), pp.800-809. Hong, C.H. and Varghese, B., 2019. Resource management in fog/edge computing: a survey on architectures, infrastructure, and algorithms.ACM Computing Surveys (CSUR),52(5), pp.1-37. Idowu, A., 2017. Effectiveness of performance appraisal system and its effect on employee motivation.Nile Journal of Business and Economics,3(5), pp.15-39. Kang, M. and Sung, M., 2017. How symmetrical employee communication leads to employee engagementandpositiveemployeecommunicationbehaviors:Themediationof employee-organization relationships.Journal of Communication Management. Kassotaki,O.,2019.Explainingambidextrousleadershipintheaerospaceanddefense organizations.European Management Journal,37(5), pp.552-563.