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The Strategic Context of Human Resource Management

   

Added on  2023-06-12

10 Pages3299 Words155 Views
The Strategic Context
of Human Resource
Management

Table of Contents
Introduction................................................................................................................................3
Main Body..................................................................................................................................3
Analyse contemporary issues and key theories relating to human resource management.....3
Assess strategic HRM approaches in practice in given context.............................................4
Analyse internal and external factor of an organisation which impact the development of
role of HR, strategies of HR and practices.............................................................................5
Propose the solution to a specified business problem which are as under:............................6
STEEPLE analysis..................................................................................................................6
Identify socio-culture and socio-economic factors from the analysis which impact the
choice of intervention.............................................................................................................7
Critically evaluate stakeholder interest and market recommendation about the HRM
activities which can help the organisation in moving forward without conflict....................8
Conclusion..................................................................................................................................8
References................................................................................................................................10

Introduction
Human resource management is the process recruiting, selecting and hiring employees and
make their development so that they can be valuable for the company. HRM is a department
in a business concern which perform various function like human resource planning,
conducting job analysis, recruitment, interviews, hiring, orientation, training, compensation
and other benefits, appraisals, retaining and so on(Stone, Cox and Gavin, 2020). In this
report, Trufflebags ltd. has been taken into consideration which is a manufacturer of
confectionary products such as chocolates, toffees, soft drinks and ice creams etc. in UK. The
report will cover the contemporary issues and theories relating to the human resource
management. Further, it will discuss the strategic approaches of human resource management
and internal and external factors of an organisation which cam impact the role, strategies and
practices of HR. Apart from this, it will explained the steeple analysis of the organisation and
analysis will be made of socio-culture and socio-economic culture factors. In addition to this,
it will evaluate the stakeholder interest and recommendation about the HRM activities.
Main Body
Analyse contemporary issues and key theories relating to human resource management
The contemporary issues and the theories has been discussed in context to the company
which are described as under:
Contemporary issues relating to human resource management
Compliance with laws and regulation: This the big issue to remain updated with the
laws for the human resource department because the HR team is not sure that they are
following the rules. They are responsible to track, make updation and provide
assurance that the all job which are posted by them include the required
wording(Chelladurai and Kim, 2022). When they do all work manually then this takes
a lot of time which leads to high cost occurring. In relation to Trufflebags ltd. the HR
department should ensure the compliance with the regulations from hiring practices,
to wage payment, to workplace safety.
Employee retention: This is also another issue to retain the employee in an
organisation because the company bears the greater cost to hire the new employees
when existing employee leave or resign. This situation occurs when employee feel no
security, consider lower wages and so on which force them to leave the organisation.
With reference to Trufflebags ltd., the employees are not getting proper wages that

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