(solved) Strategic HRM in Tesco

Added on - 04 Oct 2020

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Strategic HRM
ContentsINTRODUCTION...........................................................................................................................................4TASK 1..........................................................................................................................................................4Relationship between business strategy and the human resource strategy..........................................4Vertical alignment and horizontal integration across the organization...................................................5Theoretical basis and models of strategic Human resource management..............................................5Specific HR practices of performance management and reward.............................................................6Recommendations for redesigning the performance management system...........................................7TASK 2..........................................................................................................................................................8Nature and theoretical perspectives of Employment Relations--500......................................................8Critically evaluate the roles of the actors within the Employment Relationship with analysis of thechanging nature of employment relations...............................................................................................9Recommendations to improve employment relations..........................................................................10CONCLUSION.............................................................................................................................................11
INTRODUCTIONStrategic Human resource management is defined as the connection between human resource ofan organization with goals, objectives and strategy. The main objective of strategic human resourcemanagement is to enhance flexibility, innovation and competitive advantage. This helps in makingpositive organizational culture (Hill, 2017). Companies are able to run their business successfully whenall teams are working for achieving a same goal and objective. Employment relationship is defined as thelegal link between employees and employers. This is formed when an individual performs service orwork under specific conditions in return for remuneration. The following report discusses about the needof strategic human resource management and employment relationship. For better understanding of theconcept, an organization is considered naming Tesco which is a multinational groceries and generalmerchandise retailer. This was founded in the year 1919. The headquarters are located in England, UnitedKingdom. This report explains the relationship between business strategy and the human resourcestrategy. Further, this report explains the nature and theoretical perspective of employment relations.TASK 1Relationship between business strategy and the human resource strategyHuman resource management is defined as the process of bringing people and companiestogether and ensuring the achievement of goals and objectives in specified time frame (Lasserre, 2017).The human resource strategy of the company must be aligned with the business strategy for betteroutcomes for the company.HR strategy as business strategyHuman resources are an essential part of a successful business strategy (Meyer, Neck. and Meeks,2017). There must be well trained and motivated individuals working in the organization so that financialgoals of the company can be achieved in less time. The employment and management should realize thata cooperative relation is necessary for success of the company.Communications –Organization is responsible for communicating with the goals , production targets andobjectives of the company. The managers of organization should ensure to make employees feel valuedand recognized. This will increase the motivation of employees and ultimately goals and objectives of thecompany will be achieved in specified time frame.Demographics, Social Trends and Technology –The perspective towards job satisfaction isdifferent of young and old employees. The changes in social trends and demographics reflects that leaders
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