Strategic Human Resource Development
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This document discusses the importance of strategic human resource development in achieving organizational goals. It explores key trends and developments influencing HR strategy, analyzes internal and external factors that impact HR strategy and practice, evaluates the influence of external and contextual development, and critically evaluates the effects of strategic management and workforce planning. It also examines theories and concepts relevant to the growth and development of strategic HRM, evaluates their application in the organization, and discusses change management models that support HR strategy. Additionally, it explores monitoring and measuring HR outcomes and evaluates effective HR management and development for sustainable performance.
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Strategic Human
Resource Development
Resource Development
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Contents
INTRODUCTION...........................................................................................................................4
TASK 1............................................................................................................................................4
Key current trends and developments that influences organisation's HR strategy......................4
Analysis of various internal and external factors that influence both HR strategy and practice. 5
Critically analyse the influence of the external and contextual development.............................7
Critically evaluate influence of the external and contextual development.................................7
Critical evaluation of effects of strategic management and workforce planning........................7
TASK ..............................................................................................................................................7
Theories and concepts relevant to the growth and development of strategic HRM....................7
Evaluation how these theories relate to organization..................................................................8
Critical evaluation of HR department of the firm and external environment .............................9
TASK 3............................................................................................................................................9
Change management models which support HR strategy...........................................................9
TASK.............................................................................................................................................11
Monitoring and measuring the HR outcomes............................................................................11
Evaluation of effective HR management and development which can support sustainable
performance...............................................................................................................................11
CONCLUSION..............................................................................................................................13
REFERENCES..............................................................................................................................14
INTRODUCTION...........................................................................................................................4
TASK 1............................................................................................................................................4
Key current trends and developments that influences organisation's HR strategy......................4
Analysis of various internal and external factors that influence both HR strategy and practice. 5
Critically analyse the influence of the external and contextual development.............................7
Critically evaluate influence of the external and contextual development.................................7
Critical evaluation of effects of strategic management and workforce planning........................7
TASK ..............................................................................................................................................7
Theories and concepts relevant to the growth and development of strategic HRM....................7
Evaluation how these theories relate to organization..................................................................8
Critical evaluation of HR department of the firm and external environment .............................9
TASK 3............................................................................................................................................9
Change management models which support HR strategy...........................................................9
TASK.............................................................................................................................................11
Monitoring and measuring the HR outcomes............................................................................11
Evaluation of effective HR management and development which can support sustainable
performance...............................................................................................................................11
CONCLUSION..............................................................................................................................13
REFERENCES..............................................................................................................................14
INTRODUCTION
Human resource is one of the most important resource for the organisation which helps
them to achieve the goals of the organisation. Also it help them to take the competitive
advantage as an organisation can have unique and competent human resource. Strategic human
resource is the process of attracting, developing, rewarding and retaining people in the
organisation which can benefit both the employees and the organisation. They formulate various
strategies and implement them in the organisation which help them to effectively meet the
objectives of the organisation (Cascio and Boudreau, 2010). The organisation which is taken for
this report is Burberry which is a luxury fashion house whose headquarters are in London. Their
main products includes trench coats, fashion accessories, sunglasses, cosmetics etc. In this report
various trends in the HR strategy, external and internal factors that has influence on the
organisation, various theories and concepts of strategic HRM are taken into consideration. Apart
from this various HR outcomes can be monitored and measured in context of the organisation.
TASK 1
Key current trends and developments that influences organisation's HR strategy
Strategic HR management in an organisation helps in building an efficient and talented
workforce so that the goals and objectives of the company can be achieved. Human
resources are one of the most important resources of an organisation that helps it in
creating goods and services according to the needs of customers so that the
competitiveness of the company can be maintained. However as the current trends are
changing related to employment it is also important for Burberry to change its strategies so
that the candidates with required abilities and skills can be attracted in the organisation.
Some of the current trends are discussed below:
Increase in globalisation: Due to globalisation the integration and interaction
among businesses, people and the complete world has increased which means that
Burberry has an opportunity to attract talented and skilled people from all across
the world to work in the company (CHUANG and Liao, 2010).
Workplace diversity: With the increase in integration of people from all across the
world the company has a diverse workforce which belongs to different nations,
religions, culture, expectations etc. This helps the company in having a variety of
Human resource is one of the most important resource for the organisation which helps
them to achieve the goals of the organisation. Also it help them to take the competitive
advantage as an organisation can have unique and competent human resource. Strategic human
resource is the process of attracting, developing, rewarding and retaining people in the
organisation which can benefit both the employees and the organisation. They formulate various
strategies and implement them in the organisation which help them to effectively meet the
objectives of the organisation (Cascio and Boudreau, 2010). The organisation which is taken for
this report is Burberry which is a luxury fashion house whose headquarters are in London. Their
main products includes trench coats, fashion accessories, sunglasses, cosmetics etc. In this report
various trends in the HR strategy, external and internal factors that has influence on the
organisation, various theories and concepts of strategic HRM are taken into consideration. Apart
from this various HR outcomes can be monitored and measured in context of the organisation.
TASK 1
Key current trends and developments that influences organisation's HR strategy
Strategic HR management in an organisation helps in building an efficient and talented
workforce so that the goals and objectives of the company can be achieved. Human
resources are one of the most important resources of an organisation that helps it in
creating goods and services according to the needs of customers so that the
competitiveness of the company can be maintained. However as the current trends are
changing related to employment it is also important for Burberry to change its strategies so
that the candidates with required abilities and skills can be attracted in the organisation.
Some of the current trends are discussed below:
Increase in globalisation: Due to globalisation the integration and interaction
among businesses, people and the complete world has increased which means that
Burberry has an opportunity to attract talented and skilled people from all across
the world to work in the company (CHUANG and Liao, 2010).
Workplace diversity: With the increase in integration of people from all across the
world the company has a diverse workforce which belongs to different nations,
religions, culture, expectations etc. This helps the company in having a variety of
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diverse ideas, talents and skills which will help the company in bringing innovation
in its products.
Changing skills and requirements: With the change in time there is also an
increase in changing needs and requirements which means that the needs of the
workforce keeps on changing so that the company goals and objectives can be
efficiently achieved. Burberry for example needs innovation in ideas so that with
changing fashion the requirements of the customers can be met.
Continuous focus on improving customer experience: Customers have become
the main focus point of the businesses as they are the ones who help the company
in generating revenue. For this the company has to increase the productivity of
workers so that the goods and services can be produced at low costs and with high
quality which will help the company in increasing its revenue (Delery and Roumpi,
2017).
All these trends affect the HR strategies of Burberry so that the company can have efficient
workforce which can help it in gaining high customer satisfaction. These trends thus affect
the way in which employees are recruited in the company along with encouraging them so
that their productivity can be increased.
Analysis of various internal and external factors that influence both HR strategy and practice
The strategies set by HR department so that the set objectives can be achieved on time are
affected by various factors which influence the strategies formed by it. Both the internal
and external factors that affect the strategies of HR are discussed below:
External factors
Political: These are related to the rules and regulations of the government of the
country which governs the organisations and also affect the way in which
companies recruit their employees along with determining the kind of relation of
employees with organisation and other employees. Burberry needs to follow these
laws so that the strategies formed by it falls under the legal pursuit (Ehrnrooth and
Björkman, 2012).
Economic: The economic policies of the country determines its unemployment
rate, GDP etc. which helps the company in determining the strategies related to
salaries and other allowances that are to be given to the employees. Burberry must
in its products.
Changing skills and requirements: With the change in time there is also an
increase in changing needs and requirements which means that the needs of the
workforce keeps on changing so that the company goals and objectives can be
efficiently achieved. Burberry for example needs innovation in ideas so that with
changing fashion the requirements of the customers can be met.
Continuous focus on improving customer experience: Customers have become
the main focus point of the businesses as they are the ones who help the company
in generating revenue. For this the company has to increase the productivity of
workers so that the goods and services can be produced at low costs and with high
quality which will help the company in increasing its revenue (Delery and Roumpi,
2017).
All these trends affect the HR strategies of Burberry so that the company can have efficient
workforce which can help it in gaining high customer satisfaction. These trends thus affect
the way in which employees are recruited in the company along with encouraging them so
that their productivity can be increased.
Analysis of various internal and external factors that influence both HR strategy and practice
The strategies set by HR department so that the set objectives can be achieved on time are
affected by various factors which influence the strategies formed by it. Both the internal
and external factors that affect the strategies of HR are discussed below:
External factors
Political: These are related to the rules and regulations of the government of the
country which governs the organisations and also affect the way in which
companies recruit their employees along with determining the kind of relation of
employees with organisation and other employees. Burberry needs to follow these
laws so that the strategies formed by it falls under the legal pursuit (Ehrnrooth and
Björkman, 2012).
Economic: The economic policies of the country determines its unemployment
rate, GDP etc. which helps the company in determining the strategies related to
salaries and other allowances that are to be given to the employees. Burberry must
develop its strategies so that the changing economic conditions does not affect the
company strategies related to employment.
Social: These are related to the composition of people of a country like age,
education level, living standard etc. All these factors affect the HR strategies of
Burberry so that recruitment process can be done efficiently which helps in
recruiting potential employees.
Technological: These are related to the rate of technological advancement of the
nation which determine the forwardness of the people. Burberry HR strategies are
affected by this factor as it helps in recruiting employees who have technological
knowledge and can work efficiently.
Internal factors
Policies: The company policies also influence the HR strategies as these are the
guidelines which are to be followed before formulation of strategies. For example
company policy of employee first helps in making HR strategies like performance
appraisal, promotions etc.
Organisational culture: The collective values, beliefs and assumptions of the
people forms organisational culture. If the culture of unity exists in the company
then HR strategies will be formulated which helps in integrating employees
together so that good and friendly environment can be made (Ganopoulos and et.
al., 2013).
Organisational conflicts: Due to diverse workforce people belonging to varied
ideas and beliefs work together which can lead to conflicts. In order to deal with
this the HR strategies should be to increase training and development programmes
of the company so that friendly environment can be built in the company.
Organisational structure: There are various ways in which the relations among
employees and managers of the company are established. Burberry follows flat type
of organisational structure which reduces the number of stages between employees
and managers and enables employees to contact directly with managers which help
in taking effective and quick decisions.
company strategies related to employment.
Social: These are related to the composition of people of a country like age,
education level, living standard etc. All these factors affect the HR strategies of
Burberry so that recruitment process can be done efficiently which helps in
recruiting potential employees.
Technological: These are related to the rate of technological advancement of the
nation which determine the forwardness of the people. Burberry HR strategies are
affected by this factor as it helps in recruiting employees who have technological
knowledge and can work efficiently.
Internal factors
Policies: The company policies also influence the HR strategies as these are the
guidelines which are to be followed before formulation of strategies. For example
company policy of employee first helps in making HR strategies like performance
appraisal, promotions etc.
Organisational culture: The collective values, beliefs and assumptions of the
people forms organisational culture. If the culture of unity exists in the company
then HR strategies will be formulated which helps in integrating employees
together so that good and friendly environment can be made (Ganopoulos and et.
al., 2013).
Organisational conflicts: Due to diverse workforce people belonging to varied
ideas and beliefs work together which can lead to conflicts. In order to deal with
this the HR strategies should be to increase training and development programmes
of the company so that friendly environment can be built in the company.
Organisational structure: There are various ways in which the relations among
employees and managers of the company are established. Burberry follows flat type
of organisational structure which reduces the number of stages between employees
and managers and enables employees to contact directly with managers which help
in taking effective and quick decisions.
Critically analyse the influence of the external and contextual development
The internal and external factors affect the HR strategies as these factors influence the
company overall policies which must be changed or controlled so that the negative impact
of these factors can be reduced. This helps in increasing the competitiveness of the
company. Also these factors affect the way in which the human resources of the company
are monitored and controlled which affects the productivity of employees of the company
(Gupta, 2016).
Critically evaluate influence of the external and contextual development
The external and contextual development of the strategies are important so that the
efficient monitoring and control of the employees can be done. Burberry can use HR
strategic model such as Dave Ulrich HR model which influences the integral functions of
the organization and helps in strategy formulation. This helps the company in achieving its
targets in an efficient manner.
Critical evaluation of effects of strategic management and workforce planning
Strategic management act as key base for all the decision of the organization. By changing
the strategic management according to the dynamic environment it directly helps the firm
to remain competitive among it's rivalry. Whereas proper work force planning assist the
company in attaining set goals and objectives in the set deadline. By this loyal customers
can be build over the years towards their brand and product.
TASK
Theories and concepts relevant to the growth and development of strategic HRM
Various theories and concepts can be applied by companies so as to formulate the HR
strategies which will help in enhancing employee enthusiasm so that their productiveness at
work increases. This helps the company in efficiently executing its plans and developing the
type of goods and services that are required by the customers. Burberry can use the
following HR theories so that the profitability of the company can be increased which are
discussed as below:
The internal and external factors affect the HR strategies as these factors influence the
company overall policies which must be changed or controlled so that the negative impact
of these factors can be reduced. This helps in increasing the competitiveness of the
company. Also these factors affect the way in which the human resources of the company
are monitored and controlled which affects the productivity of employees of the company
(Gupta, 2016).
Critically evaluate influence of the external and contextual development
The external and contextual development of the strategies are important so that the
efficient monitoring and control of the employees can be done. Burberry can use HR
strategic model such as Dave Ulrich HR model which influences the integral functions of
the organization and helps in strategy formulation. This helps the company in achieving its
targets in an efficient manner.
Critical evaluation of effects of strategic management and workforce planning
Strategic management act as key base for all the decision of the organization. By changing
the strategic management according to the dynamic environment it directly helps the firm
to remain competitive among it's rivalry. Whereas proper work force planning assist the
company in attaining set goals and objectives in the set deadline. By this loyal customers
can be build over the years towards their brand and product.
TASK
Theories and concepts relevant to the growth and development of strategic HRM
Various theories and concepts can be applied by companies so as to formulate the HR
strategies which will help in enhancing employee enthusiasm so that their productiveness at
work increases. This helps the company in efficiently executing its plans and developing the
type of goods and services that are required by the customers. Burberry can use the
following HR theories so that the profitability of the company can be increased which are
discussed as below:
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Universalistic theory: This theory is concerned with the internal resources of the
company and their relation with the performance of the business by formulating such
strategies so that these can be efficiently used. Burberry can use this theory as it is
simple to apply and also provides a simple framework for selection, recruitment,
reward and development of employees of the company (Lim and et. al., 2017).
Contingency theory: This theory is related with the uncertainties that are faced by
the company which can be either a threat or an opportunity for the company. In this
theory there are no universally accepted practices for managing the human resources
which means that the HR strategies of Burberry can be formed according to the
situation requirement.
Flexible working arrangements: It means that the facility of flexible working hours
is given to the employees which helps in increasing their efficiency as they can work
as and when they want thus completing the projects with full efficiency on time. This
also means that they can work from any locations all around the world which help
them in adjusting their vacations as they want. Burberry can use this strategy so as to
increase the efficiency and productivity of its employees and also helping them to
manage a work-life balance which helps in improving their health.
Performance management: It is related with paying the workers based on their
level of performance. This helps the company in achieving better outcomes as in
order to achieve these appraisals the employees use their skills and talents in an
efficient manner so that their performance can help the company in achieving its
goals and objectives (Mansour, 2015).
All the above mentioned theories can be used in Burberry so that the management of
human resources can be efficiently done which will help the company in increasing the
productivity and efficiency of employees.
Evaluation how these theories relate to organization
These theories can be applied in Burberry so that the management of human resources can
be efficiently done which will help the company in achieving its goals on time as the
workforce can be motivated to work efficiently by applying the theories along with the
effective use of company resources.
company and their relation with the performance of the business by formulating such
strategies so that these can be efficiently used. Burberry can use this theory as it is
simple to apply and also provides a simple framework for selection, recruitment,
reward and development of employees of the company (Lim and et. al., 2017).
Contingency theory: This theory is related with the uncertainties that are faced by
the company which can be either a threat or an opportunity for the company. In this
theory there are no universally accepted practices for managing the human resources
which means that the HR strategies of Burberry can be formed according to the
situation requirement.
Flexible working arrangements: It means that the facility of flexible working hours
is given to the employees which helps in increasing their efficiency as they can work
as and when they want thus completing the projects with full efficiency on time. This
also means that they can work from any locations all around the world which help
them in adjusting their vacations as they want. Burberry can use this strategy so as to
increase the efficiency and productivity of its employees and also helping them to
manage a work-life balance which helps in improving their health.
Performance management: It is related with paying the workers based on their
level of performance. This helps the company in achieving better outcomes as in
order to achieve these appraisals the employees use their skills and talents in an
efficient manner so that their performance can help the company in achieving its
goals and objectives (Mansour, 2015).
All the above mentioned theories can be used in Burberry so that the management of
human resources can be efficiently done which will help the company in increasing the
productivity and efficiency of employees.
Evaluation how these theories relate to organization
These theories can be applied in Burberry so that the management of human resources can
be efficiently done which will help the company in achieving its goals on time as the
workforce can be motivated to work efficiently by applying the theories along with the
effective use of company resources.
Critical evaluation of HR department of the firm and external environment
HR department of Burberry is accountable to recruit right candidate in the vacant
position. By doing so overall productivity and profitability of the company can be raised as
compare to competitors. Also, skilled and capable employees assist firm to meet the set goals
and objectives in the set time frame.
To remain competitive it is essential to it is very essential to scan external environment so
that business activities can be mould according to them. By this Burberry is able to survive for
longer time duration. Additionally, it will make them more competitive in the global market. In
the present scenario environment is changing drastically so it is very important to frame policies
accordingly.
TASK 3
Change management models which support HR strategy
Change is a continuous and an important process which helps the company in meeting the
dynamic requirements of the customers, employees and the company which can help in
achieving the set goals and objectives. Some of the change management models that can be used
by Burberry so that the HR strategies can be formulated which will help in managing the
employees of the company in an efficient manner. Some of the models are discussed below:
Kotter’s 8 step change model: This model was given by John Kotter who was also a renowned
professor of Harvard Business School who introduced the following 8 steps for change
management:
Increase urgency: It relates to increasing the importance of the project so that an
urgency can be created in the company for the implementation of change. By creating the
urgency the skills of employees can be efficiently utilized as they try to achieve the goals
as early as possible. This also helps in determining the potential threats and opportunities
in the market for Burberry so that change in HR strategies can be efficiently made.
Build guiding team: In this step the employees of the company are convinced that
change is important to be implemented which means that an effective team needs to be
formulated which can help in the efficient implementation of change. Burberry can form
an effective team which will help in execution of the change management plan so that
effective results can be achieved (Taylor and et. al., 2015).
HR department of Burberry is accountable to recruit right candidate in the vacant
position. By doing so overall productivity and profitability of the company can be raised as
compare to competitors. Also, skilled and capable employees assist firm to meet the set goals
and objectives in the set time frame.
To remain competitive it is essential to it is very essential to scan external environment so
that business activities can be mould according to them. By this Burberry is able to survive for
longer time duration. Additionally, it will make them more competitive in the global market. In
the present scenario environment is changing drastically so it is very important to frame policies
accordingly.
TASK 3
Change management models which support HR strategy
Change is a continuous and an important process which helps the company in meeting the
dynamic requirements of the customers, employees and the company which can help in
achieving the set goals and objectives. Some of the change management models that can be used
by Burberry so that the HR strategies can be formulated which will help in managing the
employees of the company in an efficient manner. Some of the models are discussed below:
Kotter’s 8 step change model: This model was given by John Kotter who was also a renowned
professor of Harvard Business School who introduced the following 8 steps for change
management:
Increase urgency: It relates to increasing the importance of the project so that an
urgency can be created in the company for the implementation of change. By creating the
urgency the skills of employees can be efficiently utilized as they try to achieve the goals
as early as possible. This also helps in determining the potential threats and opportunities
in the market for Burberry so that change in HR strategies can be efficiently made.
Build guiding team: In this step the employees of the company are convinced that
change is important to be implemented which means that an effective team needs to be
formulated which can help in the efficient implementation of change. Burberry can form
an effective team which will help in execution of the change management plan so that
effective results can be achieved (Taylor and et. al., 2015).
Develop the vision: After formation of team comes forming of vision so that the
objectives that are to be achieved after implementation of change can be made clear so
that effective strategies and policies can be formed which will help in achieving the set
objectives on time.
Communication of vision: The vision so formed needs to be communicated among team
members so that they can all be made aware about what is to be achieved and how they
can be achieved. It also helps in integrating the team members so that they can work
together in order to execute change management plan. Burberry must have efficient
communication channels so that the team members can be updated about the progress of
the implementation of plan.
Removal of challenges: The challenges or obstacles that are faced by the company
during the implementation of change management needs to be identified so that they can
be removed which will help in effective implementation of plan. Burberry needs to have
an effective check methods so that the difficulties can be identified which can help in
getting rid of the obstacles.
Create short term wins: It means that short-term goals must be set as they are faster and
easier to be achieved which helps in boosting up the morale and confidence of workers so
that they can work with more efficiency.
Don’t let up: It means that the management must not give up on plan execution and
implementation as this creates a negative image about the non-seriousness of the
managers towards the company which increase their casual behavior towards company
and affects change management.
Make change stick: The change that is implemented must not be changed quickly. The
company must stick to the implemented change as the results of the change can be
achieved over a long time and also change it helps in saving the cost of company related
to frequent changes in the implementation of change management (Kotter’s 8-Step
Change Model. 2018).
Nudge theory: This theory relates to the behavioral science under which positive behavior can
help in changing the behavior of individuals and groups which can help the company to change
the behavior of its employees so that the objectives of change management can be efficiently
objectives that are to be achieved after implementation of change can be made clear so
that effective strategies and policies can be formed which will help in achieving the set
objectives on time.
Communication of vision: The vision so formed needs to be communicated among team
members so that they can all be made aware about what is to be achieved and how they
can be achieved. It also helps in integrating the team members so that they can work
together in order to execute change management plan. Burberry must have efficient
communication channels so that the team members can be updated about the progress of
the implementation of plan.
Removal of challenges: The challenges or obstacles that are faced by the company
during the implementation of change management needs to be identified so that they can
be removed which will help in effective implementation of plan. Burberry needs to have
an effective check methods so that the difficulties can be identified which can help in
getting rid of the obstacles.
Create short term wins: It means that short-term goals must be set as they are faster and
easier to be achieved which helps in boosting up the morale and confidence of workers so
that they can work with more efficiency.
Don’t let up: It means that the management must not give up on plan execution and
implementation as this creates a negative image about the non-seriousness of the
managers towards the company which increase their casual behavior towards company
and affects change management.
Make change stick: The change that is implemented must not be changed quickly. The
company must stick to the implemented change as the results of the change can be
achieved over a long time and also change it helps in saving the cost of company related
to frequent changes in the implementation of change management (Kotter’s 8-Step
Change Model. 2018).
Nudge theory: This theory relates to the behavioral science under which positive behavior can
help in changing the behavior of individuals and groups which can help the company to change
the behavior of its employees so that the objectives of change management can be efficiently
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achieved. Burberry can use this model so that the change in behavior of individuals can be
achieved which helps the company in gaining its objectives.
Example: Burberry's HR strategy is impacted by Kotter’s 8 step change mode in positive way.
The effective implementation of this model in the working premises has aid the firm to retain
skilled and potential employees for longer time span. By this HR strategy adopted by company
changes according to the external environment requirement so that best and capable nominee can
be placed in the vacant position. It help in raising overall workforce efficiency of the workers.
TASK
Monitoring and measuring the HR outcomes
The outcomes of HR can be measured by evaluating the performance of the employees of
the company, their productivity, efficiency and willingness to complete their work on time.
These will help the company in achieving its objectives on time and within the stipulated
budget so that the costs of the company can be reduced however the profits can still be
increased. The outcomes of HR will help in developing further strategies so that
improvement in the employee performance can be done which will help in increasing their
efficiency and productivity. In Burberry the HR outcomes can be measured by evaluating
the profits that are earned by the company and the revenues generated by it which will help
the company to determine if the objectives that were desired to be achieved by the HR
strategies are achieved efficiently or not. Monitoring the HR strategies will help in
identifying the weak areas which needs improvements in the implementation of HR strategy
so that the execution of plan can be efficiently done.
Evaluation of effective HR management and development which can support sustainable
performance
HR management and development plays an important role in recruiting efficient and skilled
employees who can work together in order to achieve the organizational goals. The human
resources of the company help in making the performance of the company better so that a
competitive position can be gained in the market. Some effective tools which can be used
for this purpose are:
achieved which helps the company in gaining its objectives.
Example: Burberry's HR strategy is impacted by Kotter’s 8 step change mode in positive way.
The effective implementation of this model in the working premises has aid the firm to retain
skilled and potential employees for longer time span. By this HR strategy adopted by company
changes according to the external environment requirement so that best and capable nominee can
be placed in the vacant position. It help in raising overall workforce efficiency of the workers.
TASK
Monitoring and measuring the HR outcomes
The outcomes of HR can be measured by evaluating the performance of the employees of
the company, their productivity, efficiency and willingness to complete their work on time.
These will help the company in achieving its objectives on time and within the stipulated
budget so that the costs of the company can be reduced however the profits can still be
increased. The outcomes of HR will help in developing further strategies so that
improvement in the employee performance can be done which will help in increasing their
efficiency and productivity. In Burberry the HR outcomes can be measured by evaluating
the profits that are earned by the company and the revenues generated by it which will help
the company to determine if the objectives that were desired to be achieved by the HR
strategies are achieved efficiently or not. Monitoring the HR strategies will help in
identifying the weak areas which needs improvements in the implementation of HR strategy
so that the execution of plan can be efficiently done.
Evaluation of effective HR management and development which can support sustainable
performance
HR management and development plays an important role in recruiting efficient and skilled
employees who can work together in order to achieve the organizational goals. The human
resources of the company help in making the performance of the company better so that a
competitive position can be gained in the market. Some effective tools which can be used
for this purpose are:
Benchmarking: This is business process which helps the company in comparing its
performance with the performance of other business which is the market leader in the
same industry. This helps the company in determining its performance in the market
and also helps in identifying the ways in which the performance of company can be
improved. For example Burberry can thus compare its performance with the market
leader in the same industry so that improvement can be done in the company
strategies which can help in increasing the company performance. It can help the
company in efficiently managing and developing the human resources of company
so that it can remain competitive in the market.
Key performance indicators: These are some of the key indicators which can help
thee business in evaluating its performance in the market so that improvements can
be made which can help in improving the performance of the company. Some of the
KPIs are number of customer retained, market share etc. For example Burberry can
use this to determine the key factors which will help it in improving the company
performance by managing the human resources in an efficient manner.
10-C checklist of HRM: This relates to 10 basic Cs like credibility, communication,
cost-effectiveness, creativity, coherence, competence, control, commitment, change
and comprehensiveness which helps in determining the relation between employees,
organization and society so that the performance of the company can be measured.
For example Burberry can use this so that the 10Cs of employees can be developed
which will help in making them efficient in their work hence improving their
performance and enhancing the company profitability.
performance with the performance of other business which is the market leader in the
same industry. This helps the company in determining its performance in the market
and also helps in identifying the ways in which the performance of company can be
improved. For example Burberry can thus compare its performance with the market
leader in the same industry so that improvement can be done in the company
strategies which can help in increasing the company performance. It can help the
company in efficiently managing and developing the human resources of company
so that it can remain competitive in the market.
Key performance indicators: These are some of the key indicators which can help
thee business in evaluating its performance in the market so that improvements can
be made which can help in improving the performance of the company. Some of the
KPIs are number of customer retained, market share etc. For example Burberry can
use this to determine the key factors which will help it in improving the company
performance by managing the human resources in an efficient manner.
10-C checklist of HRM: This relates to 10 basic Cs like credibility, communication,
cost-effectiveness, creativity, coherence, competence, control, commitment, change
and comprehensiveness which helps in determining the relation between employees,
organization and society so that the performance of the company can be measured.
For example Burberry can use this so that the 10Cs of employees can be developed
which will help in making them efficient in their work hence improving their
performance and enhancing the company profitability.
CONCLUSION
From the above report it can be concluded that strategic management of the human
resources of the company help in improving its performance in the market so the revenue
and sales of the company can be increased. Also the current trends must be considered
before formulation of HR strategies so that eligible candidates can be selected who can help
in achievement of company goals and objectives on time. Various theories can be used by
companies so that strategic management of human resources can be done which will help
the company in improving its performance. Further the effectiveness of HR strategies must
be evaluated so that improvements can be made which will help in efficiently achieving
company goals on time.
From the above report it can be concluded that strategic management of the human
resources of the company help in improving its performance in the market so the revenue
and sales of the company can be increased. Also the current trends must be considered
before formulation of HR strategies so that eligible candidates can be selected who can help
in achievement of company goals and objectives on time. Various theories can be used by
companies so that strategic management of human resources can be done which will help
the company in improving its performance. Further the effectiveness of HR strategies must
be evaluated so that improvements can be made which will help in efficiently achieving
company goals on time.
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REFERENCES
Books and Journals
Brewster, C., 2017. The integration of human resource management and corporate strategy. In
Policy and practice in European human resource management (pp. 22-35). Routledge.
Cascio, W. and Boudreau, J., 2010. Investing in people: Financial impact of human resource
initiatives. Ft Press.
CHUANG, C. H. and Liao, H. U. I., 2010. Strategic human resource management in service
context: Taking care of business by taking care of employees and customers. Personnel
psychology. 63(1). pp.153-196.
Delery, J.E. and Roumpi, D., 2017. Strategic human resource management, human capital and
competitive advantage: is the field going in circles?. Human Resource Management
Journal .27(1). pp.1-21.
Ehrnrooth, M. and Björkman, I., 2012. An integrative HRM process theorization: Beyond
signalling effects and mutual gains. Journal of Management Studies. 49(6). pp.1109-
1135.
Ganopoulos and et. al., 2013. Barcode DNA high‐resolution melting (Bar‐HRM) analysis as a
novel close‐tubed and accurate tool for olive oil forensic use. Journal of the Science of
Food and Agriculture. 93(9). pp.2281-2286.
Gupta, M., 2016. An empirical study on fit between strategic human resource management and
business strategy. International Journal of Management Research and Reviews .6(2).
p.102.
Lim, S. and et. al., 2017. Shedding new light on strategic human resource management: The
impact of human resource management practices and human resources on the
perception of federal agency mission accomplishment. Public Personnel
Management .46(2). pp.91-117.
Mansour, M., 2015. The practice of strategic human resource management in a developing
country. European Online Journal of Natural and Social Sciences .4(3). pp.pp-500.
Taylor, T. and et. al., 2015. Managing people in sport organizations: A strategic human resource
management perspective. Routledge.
Online
Kotter’s 8-Step Change Model. 2018. [Online]. Available Through:
<https://www.leadershipthoughts.com/kotters-8-step-change-model/>
Books and Journals
Brewster, C., 2017. The integration of human resource management and corporate strategy. In
Policy and practice in European human resource management (pp. 22-35). Routledge.
Cascio, W. and Boudreau, J., 2010. Investing in people: Financial impact of human resource
initiatives. Ft Press.
CHUANG, C. H. and Liao, H. U. I., 2010. Strategic human resource management in service
context: Taking care of business by taking care of employees and customers. Personnel
psychology. 63(1). pp.153-196.
Delery, J.E. and Roumpi, D., 2017. Strategic human resource management, human capital and
competitive advantage: is the field going in circles?. Human Resource Management
Journal .27(1). pp.1-21.
Ehrnrooth, M. and Björkman, I., 2012. An integrative HRM process theorization: Beyond
signalling effects and mutual gains. Journal of Management Studies. 49(6). pp.1109-
1135.
Ganopoulos and et. al., 2013. Barcode DNA high‐resolution melting (Bar‐HRM) analysis as a
novel close‐tubed and accurate tool for olive oil forensic use. Journal of the Science of
Food and Agriculture. 93(9). pp.2281-2286.
Gupta, M., 2016. An empirical study on fit between strategic human resource management and
business strategy. International Journal of Management Research and Reviews .6(2).
p.102.
Lim, S. and et. al., 2017. Shedding new light on strategic human resource management: The
impact of human resource management practices and human resources on the
perception of federal agency mission accomplishment. Public Personnel
Management .46(2). pp.91-117.
Mansour, M., 2015. The practice of strategic human resource management in a developing
country. European Online Journal of Natural and Social Sciences .4(3). pp.pp-500.
Taylor, T. and et. al., 2015. Managing people in sport organizations: A strategic human resource
management perspective. Routledge.
Online
Kotter’s 8-Step Change Model. 2018. [Online]. Available Through:
<https://www.leadershipthoughts.com/kotters-8-step-change-model/>
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