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(PDF) The Theory and Practice of Strategic HRM

Added on - 23 Nov 2020

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Strategic HRM theories andPractices
Table of ContentsINTRODUCTION...........................................................................................................................11. Presenting the HR policies and practices within the organisation..........................................12. Analysis Of Specific External Factors....................................................................................33. Presenting how HR functions are organized and deliver including role and challenges ofline manager................................................................................................................................4CONCLUSION................................................................................................................................5REFERENCES................................................................................................................................6
INTRODUCTIONStrategic theories and practices of Human Resource Management refers to such theoriesand practices that are exercised by the HR department in order to maintain and modify acomplete set of rule for the employees that are working in the organisation. The chosenorganisation here is, GUCCI and Zara. These are the top most fashion brands in the fashionindustry. GUCCI is a very renowned brand that launches fashionable products made of leather inUK. Zara, is producing more than 450 million items per year and on the other hand, GUCCI iscurrently operating more than, 278 stores directly all over the world. This famous brand is one ofthe highest selling fashionable products of Italy. The project report lays its focus on the analysisof the HR policies and practices with the company against the theoretical concepts. Further, thereport lays its emphasis on the effects of external forces on the HR strategies and the strategicframework designed by the top management. Moreover, it also lays emphasis on the analysis ofthe functioning of the HR department and on the policies and practices that are being executedby the HR personnel.1. Presenting the HR policies and practices within the organisationThe HR department frames such type of policies in an organisation that helps thecompany to make a hold on its employees. Following are the policies:-Regulatory Policies:- In this case, the HR personnel of GUCCI is required to makepolicies with the motive of guiding the employees recruited/working in GUCCI. Thesepolicies includes offering equal opportunities to all the candidates that are working overthere (Ahmad, 2015). It is irrespective of whether the employees are doing voluntary orbeing paid for overtime work and lastly taking, strict actions against the sexualharassment done with any employee.Paid Time Off Policies:- It refers to paying the employees in respect of holidays taken;vacations availed and in case of sick leave taken by the employees working in theorganisation. So, here, the job of HR department is to release complete payment ofemployees in such cases.Leave In Respect Of Absence Policies:- In this case, the employees of GUCCI can takeleave without having any prior planning in this respect. The HR personnel at GUCCI, is1
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