Strategic Human Resource Management - Take Solutions

Running head: STRATEGIC HUMAN RESOURCE MANAGEMENT – TAKE SOLUTIONS
STRATEGIC HUMAN RESOURCE MANAGEMENT – TAKE SOLUTIONS
Name of the Student
Name of the University
Author Note

1STRATEGIC HUMAN RESOURCE MANAGEMENT – TAKE SOLUTIONS
Introduction
The human resource management refers to the processes that involve the recruitment and
the hiring of the employees of the organization. The human resource management also involves
the matters that pertain to the various activities that involve the compensatory allowances to the
employees. The human resource management within an organization also aim to consider the
benefits that need to be provided to the concerned employees of the organization in order to
perform to the best of their abilities (Boxall 2018). The human resource department also needs to
concentrate on the matters that pertain to the training and the development of the efficiencies of
the concerned members of the workforce of the organization. The strategic human resource
management within an organization however relates to the performance of all the activities of the
human resource department as aligned to the goals and the objectives that have been set by the
concerned organization (Shen and Benson 2016).
The following essay attempts to shed light on the various issues that are faced by the c
company in the matters that pertain to the various issues that are being faced by the concerned
company. The essay aims to discuss the issues that are faced by the company in terms of the
business activities that have been undertaken by the company. The essay also highlights some of
the issues that have been faced by the company in the matters that pertain to the management of
the human resources of the company. The essay further proceeds to depict an understanding of
the relationship that exists among the several business issues and those that pertain to the
management of the people who have been serving at various operative locations of the concerned
organization in discussion, Take Solutions Ltd.
Discussion

2STRATEGIC HUMAN RESOURCE MANAGEMENT – TAKE SOLUTIONS
Business context of Take Solution Ltd
The organization in discussion, Take Solutions, is known for delivering various services
that are intensive to the domain of Life Sciences and the domains of the Supply Chan
Management. The company is known for holding the position of one of the international leaders
in the fields of Life Sciences and the Supply Chan Management (Takesolutions.com 2018). The
concerned organization is known to leverage the technology driven by the innovative ways, the
expertise in the domain. The company is also known for the implementation of the best practices
within the concerned industry and displays a greater employee strength (Louie 2018). The
company is known to offer the concerned clientele with the various transformative services and
aims to direct the activities towards the supply chain. The company has been listed in the
Bombay Stock Exchange and the National Stock Exchange in India. The revenues of the
organization have been observed to touch the mark of INR 15872 million in the financial year of
2018, equivalent to 246 million USD (Takesolutions.com 2018). The company aims to become a
500-million-dollar company by the end of the financial year of 2020-21 as per the details of the
interviews that was conducted on the human resource manager of the organization.
Business issues
The interview of the human resource manager of the organization in discussion revealed
that the major business issues that are faced by the company lies in the matters that pertain to the
retention of the several critical resources that are used by the company in the daily operations of
the company. The company has also been facing issues in the matters that are related to the
growth in the matters that are related to the high competition in the given market. The company,
according to the interviewed human resource manager, faces issues in the matters that are related