(SHRM) Strategic Human resource management: Assignment
Added on 2021-02-20
13 Pages4099 Words49 Views
Strategic HRM
Table of ContentsINTRODUCTION ..........................................................................................................................3TASK 1............................................................................................................................................3Relationship between business strategy and the human resource strategy................................3Vertical and horizontal integration across the organization........................................................5Theoretical basis and models of strategic Human resource management....................................5Critically analyze the strategic perspective of best fit/contingency, Best practice/ Universalist and Resource Based View (RBV) ..............................................................................................6Specific HR practices of performance management and reward.................................................6Recommendations for redesigning the performance management system .................................7TASK 2............................................................................................................................................7Nature and theoretical perspectives of Employment Relations...................................................7Critically evaluate the roles of the actors within the Employment Relationship with analysis of the changing nature of employment relations..............................................................................9Recommendations to improve employment relations................................................................11CONCLUSION..............................................................................................................................12
INTRODUCTION Strategic Human resource management is the process of interrelation of human resourcemanagement with the targets, objectives and goals of the company. The main focus of thestrategic human resource management is to improve the efficiency, flexibility and productivity ofthe company. A good strategy of human resource is will help in improving the competitiveposition in market. There can be positive culture at organization if strategic HRM is effectivelyworking in the company. Organizations can have successful business by attaining the goals andobjectives of the company in less time. This report has two tasks. The first task explainsimportance of strategic human resource management and second task includes necessity ofemployee relation within the company. The company which is considered in this report forunderstanding of these concepts is Sainsbury. This is the third largest supermarket chain ofUnited Kingdom. This company was founded by John James Sainsbury in the year 1869. Theheadquarters of this company are located in London. Employment relationship is defined as thebond and relation that is shared by the employees and employers of the company. This reportwill help in describing relationship between business strategy and the human resource strategyand how an organization can use HR strategy and business. This report describes Verticalalignment and horizontal integration across the organization and Theoretical basis and models ofstrategic Human resource management. Further this report will explain the importance ofemployee relation in the organisation. TASK 1Relationship between business strategy and the human resource strategyHuman resource management is the department of the organization that take care ofemployees of the company and ensuring that they are able to meet their organizational goals andobjectives. The HR strategy is the way by which an organization wants to make its employeesmore productive and efficient. The HR strategy of the company must be aligned with thebusiness strategy so that the company can make better results. HR strategy as business strategy
For any organization to be successful, it is important that the Human resources i.e.employees are skilled and capable to work in organization effectively. Employees of thecompany should be motivated and dedicated for working effectively in the company. A goodcooperation between strategy of business and human resource strategy will help in success of theorganization. Communications – The organization have to ensure that there is effectivecommunication between employees and employers. This will help in achieving the goals andobjectives of the company in less time. communicating with the goals , production targets andobjectives of the company. If there is a good communication between employees and employersthen this will enhance the motivation level of employees. A motivated employee can work moreand achieve the goals and objectives of organization and contribute to success of the company. Demographics, Social Trends and Technology – There is difference in perspective ofold employees and young employees towards job satisfaction. The various changes in socialtrends and demographics states that managers of the organization must adapt changes accordingto the latest trend and demand as this will help in successful running of business. The HRdepartment of company provides trainings and sessions for helping employees in recognizing therole and supporting business strategy, budget requirement, operations and goals of the company.Developing strategies and solutions - The human resource department and managementof company should collaborate and develop effective program. These plans should focus onproviding trainings and development sessions to employees. Other initiatives that can be takenfor motivating employees are rewards, incentives and performance appraisal. The developmentof management is an important aspect for the companies to be successful in market. Managementtraining provides different key components such as employee selection, organizationaldevelopment, manpower planning and recruitment.In context of Sainsbury, the managers and human resource department work together fordesigning consequences for workers and subordinates who are not able to work effectively andperform their job roles in an appropriate manner. The HR management of Sainsbury has adoptedvarious legal laws that must be followed for effective operations of the company. These laws
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