The Strategic Context of Human Resource Management - Desklib
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This report discusses the strategic context of human resource management in Morrisons, a UK-based retailer. It covers HRM theories and practices, contemporary issues and key theories relating to HRM, HRM approaches, internal and external context of an organisation, and solutions for business problems.
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The Strategic Context of Human Resource Management
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Table of Contents INTRODUCTION...........................................................................................................................3 HRM THEORIES AND PRACTICES............................................................................................3 HRM theories...............................................................................................................................4 CONTEMPORARY ISSUES AND KEY THEORIES RELATING TO HRM.............................4 HRM APPROACHES.....................................................................................................................5 INTERNAL AND EXTERNAL CONTEXT OF AN ORGANISATION......................................6 Internal context............................................................................................................................6 External Context..........................................................................................................................6 SOLUTIONS FOR BUSINESSPROBLEMS.................................................................................7 STEEPLE Analysis......................................................................................................................7 Socio-cultural and socio-economic factors..................................................................................8 Stakeholder interest and recommendations.................................................................................9 CONCLUSION................................................................................................................................9 REFERENCES................................................................................................................................1
INTRODUCTION Humanresourcesmanagementintheorganisationisregardedtobeoneofthecrucial components for the companies that we deal with every management criterion. In the organisation there are a set of activities that will have to be practiced and also initiated. Human resources management in this regard will bring about all the formulations that are a part of accessing information and also managing employees (Bailey and et.al, 2018). This entire report will deal with the human resources management as well as the implications that are falling in regard to its. There is a strategic context that is orientedwith human resourcesmanagementand the demonstration of various theoretical perspective or also explain in this report. The organisation that is chosen in this regard is Morrisons. Morrisons is one of the largest retailers operating in United Kingdom. It is known to be one of the well-structured retailing sectors and the human resources management in this particular organisation is being explained in this report. HRM THEORIES AND PRACTICES Human resources management in an organisation is one of the potential components that is composed of a set of policies as well as the practices which are necessary in order to deal with the employees and different attitude that are pertaining in the organisation. Morrisons in this regard is said to be one of the prominent companies that would the deal with its employees in a more appropriate way. The human resources management practices are derived to be divided into the following types: Information sharing: information sharing is nothing but the right set of data that is in regard to organisational activities that is equally shared between the employees. This is necessary because it is important for employees to understand the pertaining issue such that they can work for the organisational upliftment (Boon and et.al, 2018). Decision making: decision making is also regarded to be one of the prominent criteria and also a powerful tool in order to deal with the right set of data that will have to be decided over. This decision-making criteria will bring about the entities that will help the organisation to stand in the competitive atmosphere. Incentives and rewards: and the employees in the organisation are performing to the best of their ability and arriving their potential with respect to the strategies that are incorporated than the sword making criteria is also one of the important factor that human resource management
will have to constitute. This will be given to people who are working hard in order to increase their enthusiasm to the level up to which they can improve their performance. Recruitment and selection: selection are regarded to be one of the important aspects where the set of skilled workforce will be taken into the organisation. Once the recruitment is completed on a successful term then whether training and development programs are designed by the human resources management in order to deal with the framework of the company. HRM theories There are certain theories that are falling in regard to human resources management full-stop these theories are more focus towards bringing about facilities as well as development that is to be incorporated in the organisation to increase productivity. Few of the different human resource management theories are as follows: Resource based theory: this particular theory well deal with the organisation success where the organisationMorrisonwillbringaboutadistinctiveapproachinordertodealwithits competence. This is also necessary in order to evaluate the competitive advantage which is one of the probable entity in the world full of opportunities. Organisation life cycle theory: this particular theory of human resources management will bring in the set of functionalities like a formation growth maturity decline and death. The human resources management in Morrisons in this regard will deal with the different stages of the organisation by implementing it standard. Strategic contingency theory: this particular theory is entirely focused upon deriving the problems and solving them. The company Morrison in this regard will emphasize over every personality trait that would help the problems to be solved (Delery and Roumpi, 2017). CONTEMPORARY ISSUES AND KEY THEORIES RELATING TO HRM Contemporary issues are said to be one of the common as excited for turning in the world full of challenges. These issues at mostly tell by the human resource management in a more frequent way that would help the organization to stand in the midst of challenges. Few of these issues are as follows: Globalisation: globalisation is said to be one of the prominent component that will bring about the biggest challenge. There are a set of people that are migrating towards the betterment of their organisational upliftment where the organisations are mostly expanding into other countries. This has the brought about various opportunities as well as seizing them. Morrisons in this regard is
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developing its own strategy in order to follow the pace of globalisation such that it would incorporate the better challenges that would be necessary to combat with the real world. Economic and legal environment: the potential up to which the organisation can deal with its finances as well as the economy is said to be one of the important challenges that is being attracted by the company’s so far. This is said to be one of the crucial components where there are a set of challenges that are falling in regard to the organisational entity and also the legal environment. The employment law as well as the economic policies are standing at the niche of every organisational upliftment that is implementing new strategic orientations. Technological development: the rapid pace of technology is also bringing about the certain conditions that is making it necessary for the skilled workforce to excel in every industry. In this regard Morrison is moving ahead in terms of training its employees with respect to technological implementations such that it can stand in the midst of competition. Working conditions: the organisational working conditions are also the feasible measures which stand as a contemporary issue in regard to organisation. These working conditions are set to be derived in a prospect that will help employees to not get stressed hand work till the brim of their working hours (Collings and et.al, 2018). Compensation and work: the right compensation is necessary to be implemented because it is not until when the compensation is probably enhanced to that it will bring about opportunities for the employees to work for. Morrison in this regard will deal with the right side of formulations that will help its employees to stay equipped with the organisational work and its challenges. Their compensation is derived by the ability that they work and deal with several issues of the company. HRM APPROACHES Strategic approach: human resource management of the organisation usually deal with strategic components of the company. This is usually the one that would arrive core competence is which will help the organisation in order to stand in the midst of competition. The right amount of competitive advantage is also gratified with respect to a strategic business approach while dealing with the retailing factor. Management approach: the management approach in the organisation will deal with the workplace as well as its managing criteria. There are a set of responsibilities in the organisation
and Morrison in this regard will deal with its employees as well as the subordinates which will have to be managed accordingly. Human resource approach: the human resources approach in this regard will deal with the intellectual abilities of the employees and bring in their potential to derive standard. Morrisons in this company will help people maintaining respect and dignity towards the work that they are incorporating. INTERNAL AND EXTERNAL CONTEXT OF AN ORGANISATION Internal context In this regard the tool that is used to bring about internal factors is swot analysis. Swot analysis stands for strengths weaknesses opportunities and threats that are in regard to the company. Strengths: the strength of the company Morrisons is its efficient supply chain. This supply chain is such that it is one of the biggest one in the chain of supermarket that are operating in United Kingdom (Michael, 2019). It also has over 500 stores in United Kingdom that has brought about a prominent business criterion. Weaknesses: the weakness that is in regard to the organisation is that it has the limited geographical reach when compared to the other companies. This is being thing the farmer rights since few particular years that is affecting brand image. Opportunities: it has a growth opportunity in the market with respect to its organic products. The international expansion of Morrisons is also boosted by different business segments that are created by the company. Private labels are on biggest demand that would help your organisation to reach the perks of being the best. Threats: increasing competition is one of the biggest threats and those of the different taxes that are being charged by government policy is will stand as one of the biggest threat for the organisation. External Context Too that is used to derive the external context of the organisation is PESTLE analysis. Political factors: the political factors that are being held by Morrisons is change in government policies as well as the legal framework. This is also one of the prominent criteria that will fall in regard to intellectual property protection which is one of the political threat that the organisation will have to inhibit and human resources management will have to endure.
Economic factors: resource management in the organisation Morrisons will have to deal with the economic system and its operation with respect to different market change. The exchange rate as well as the stability of host country currency is also one of the prominent issue that the company Morrisons is dealing with. Social factors: the demographics as well as the skill level of different population is one of the social factors that is contributing to the best of its ability with respect to the company. Education level is important in context with Morrison because the different entrepreneurial spirit can only move ahead in attaining the community’s support. Technological factors: the technological factors that are derived by the company Morrison is a good case of illustrative point (Macke and Genari, 2019). It is the transforming at a rapid rate and is also bringing about a chance to establish various changes with respect to retailing sector. It is also greatest impact over the value chain of customer service. Environmental factor: environmental factors that are being dealt by the organisation usually include protecting the laws that are in regard to contributing for the environment pollution. It is not involved into waste development and no carbon emissions are also encouraged with respect to its manufacturing unit. Legal factors: every legal factor that is the in regard to discrimination law as well as consumer protection and e-commerce law is being followed by the Morrisons company which has an effective institution towards a full analysis of market. SOLUTIONS FOR BUSINESSPROBLEMS STEEPLE Analysis The steeple analysis consists of 7 factors: Social factors: the different cultural changes that are being dealt by the organisation Morrison which comes under social segment. For this the marketing strategy will have to be developed by the company in order to bring in new ideas. Technological factors: as a part of the solution in the technological factors the organisation will have to bring in the new methods of technology as well as the dashboards that to be included in the company. Economic factors: the economic situation of the company will have to be understood and the level of unemployment and international trade will have to be done to. This will also help the organisation in order to derive its capital investment by empowering its purchasing power.
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Environmental factors: environmental factors are the ones that are included in cleanliness and processing of waste management. This has got a negative impact on the organisation and therefore the pollution control is being developed by the company full stops energy efficient technologies are also included in this regard (Cascio, 2021). Political factors: different interventions of government authorities are one of the biggest political problem that is being dealt by the company Morrisons. The taxation policies are also to be researched by the organisation in this regard. Legal factors: the legal complications that are being done by the company and that would impact it in a positive and negative effect and its functionality will have to be derived. Ethical factors: the element of ethics will have to be brought forth by the organisation to deal with different cultures and people in the community. Socio-cultural and socio-economic factors Socio cultural factors Expectations from society: this factor will derive the different Expectations that are being endured by people for the community towards organisational entity. This is also one of the capturing the context where the organisational profit is also being derived. Status of jobs: job is one of the biggest orientations that is being derived by social cultural factors. In the viewpoint of organisation, it is always a mandatory in order to deal with the number recruitment start it will have to deal with. Workforce mobility: the process of to which the workforce is being dealt in the organisation and the convenience that the organisation is incorporating with respect to its standards is one of the important social cultural factors. In the figure different physiological processes are also dealt by the company Morrisons. Socio-economic factors Globalisation: globalisation is one of the important factor that is contributing towards affecting humanresourcemanagementintermsofeconomicfactors.Thisisbeingdealtbythe organisation at a rapid pace with a strategic orientation (Kim and et.al, 2019). Monetary policies: Morrisons is moving ahead with a controlled monetary policy that would bring down the right set of challenges that are in regard to organisation. Talent management: talent management is necessary in order to move ahead with the training processes that are in regard to the company. This is necessary in order to orient with a functional
training criterion that will engage with employees in the organisation. The key focus of Morrisons is to inculcate the skills that are necessary to develop the organisational entities. Stakeholder interest and recommendations Stakeholder interest: the interest of stakeholders in order to deal with the business is also one of the prominent criteria that the organisation usually deals with the full stop their interest towards business goals will initiate the shareholder criteria of the company where they will stand as partial owners. this will also be one of the financial benefit for the organisation and the company can prosper with the right amount of results. the stakeholder management as well as the enhancement towards their interest and policies will bring about the right set of mapping towards primary initiatives in the organisation like that of training mentoring and also support that is in regard to information. this can be gratified with respect to analysing stakeholder grid. Recommendations Aligning business strategies: the organisation will have to develop its potential in order to bring about and aligning factor in dealing with external and internal factors. This element is necessary in order to cope up with the changes as well as challenges at a pertaining in the competitive atmosphere. Talent strategies: the company will have to initiate excellent strategies such that people can get to understand few aspects with respect to organisational performance (Nejati and et.al, 2017). This can also be the ones that are acting as a key performance and essential management strategies. CONCLUSION The entire report controls upon highlighting the aspects of human resources management. The demonstrationandknowledgeofaparticularunderstandingregardingthetheoretical perspectives of human resource management evaluation is brought about in this report. The analytical review of models as well as the contrast and comparison is demonstrated in this report. The socio-cultural as well as the steeple analysis are explained in this report. There are also certain economic regulation that are brought about by appropriate and analytical tools that will demonstrate and awareness towards the contextual factors that are following is a part of human resource management strategies. These are explained in this week what.
REFERENCES Books and journals Bailey and et.al, 2018. Strategic human resource management. Oxford University Press. Boonandet.al,2018.Integratingstrategichumancapitalandstrategichumanresource management. The International Journal of Human Resource Management. 29(1). pp.34-67. Cascio, 2021. Managing human resources. McGraw-Hill US Higher Ed USE. Collingsandet.al,2018.Humanresourcemanagement:Acriticalapproach(pp.1-23). Routledge. DeleryandRoumpi,2017.Strategichumanresourcemanagement,humancapitaland competitive advantage: is the field going in circles?. Human Resource Management Journal. 27(1). pp.1-21. Kim and et.al, 2019. The effect of green human resource management on hotel employees’ eco- friendly behavior and environmental performance. International Journal of Hospitality Management. 76. pp.83-93. MackeandGenari,2019.Systematicliteraturereviewonsustainablehumanresource management. Journal of cleaner production. 208. pp.806-815. Michael, 2019. A handbook of human resource management practice. Nejati and et.al, 2017. Envisioning the invisible: Understanding the synergy between green human resource management and green supply chain management in manufacturing firms in Iran in light of the moderating effect of employees' resistance to change. Journal of cleaner production. 168. pp.163-172. Noe and et.al, 2017. Human resource management: Gaining a competitive advantage. New York, NY: McGraw-Hill Education. Online Human Resources Management: [Online]. Available through: <What is Human Resource Management (HRM)? - Definition from WhatIs.com (techtarget.com)> 1
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