Strategic Human Resource Management in Coca Cola and Lipton
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This report discusses the strategic human resource management of Coca Cola and Lipton, and identifies the HR strategies used by both companies. It also elaborates on the issues affecting HRM strategies.
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Strategic Human resources management
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Table of Contents INTRODUCTION...........................................................................................................................3 MAIN BODY..................................................................................................................................3 TASK-1............................................................................................................................................3 TASK 2............................................................................................................................................5 TASK- 3...........................................................................................................................................8 CONCLUSION..............................................................................................................................12 REFERENCES................................................................................................................................1
INTRODUCTION Strategic human resources management is referred as the human resources which play an important role in the companies to create policies and implement through the different activities such as training, hiring and rewarding the employees for motivating and inspire them. Present case study is based on the coca cola company is the international beverage company and supply the soft drink in various brands such as sprite, Fanta, etc. this report will discuss the strategic human resources management of the coca cola company and also refer Lipton organization for compare it as well as compare and identify the HR strategies. It will identify and elaborate the issues which are affect the HRM strategies. MAIN BODY TASK-1 Strategic human resources management are relation between the companies objective, goals, strategies and company human resources. The aim and objective of the strategic human resources management is improved business performance, enhance competitive and flexibility innovation as well as develop a purpose for the culture of organizational. In the strategies HRM, human resources of company require to adopt the different strategies which are helps in develop the company as well as retain the existing employees to reach the company's need and their long- term plans. HR strategies can directly impact on the growth and development of the company. In other words, the aim of Human resources department is support and reflect the objective and goals of the company (Lopez-Cabrales and Valle-Cabrera,2020).strategic human resources helps in create the better work environment, enhance the job satisfaction, improved customers satisfaction as well as enhance the productivity. This essay will discuss the coca cola and Lipton company and both companies are soft drink brand company. In the case study, it elaborates the coca cola strategies HR and their relation with the strategies and structures. Strategies HRMis the essential part of the every company. It is specially needed for the international company like coca cola. The Human resourcesmanagementstrategiesatcompanyCocacolahavevariousadvantagesand disadvantages because it is the international and create procedures and policies for the global company is difficult. The Human resources management strategies are focuses on the employee's retention for maintaining their position in the competence market. It also helps in provide the securities to the employees as well as they also focused on the recruitment to maintain the
position and must be ensured that hire the right person at the right job for achieving the goals and objectives of the company. The coca cola company values its employees and provide the favourable working environment to their employees (Hauff, 2021). Furthermore,theLiptonsoftdrinkcompanyalsohavetheirhumanresources management strategies policies and procedures for ruling the employees of the company but it also shaped the business strategies which helps in improve the customers service as well as their performance which are delivered by the employees. Human resources management planning strategies of coca cola is the growth strategy of the company which helps in develop the more people in the company as well as hire the new employees with the knowledge and their skills (Oltra Comorera, 2022). The HR planning are used for achieving the business objectives and their effectiveness and efficiencies in the human resource's management. Human resources planning is the recruitment process which are done by the human resources. They are recruit the candidate in the company and organization. There are various ways which are used by the coca cola company for the recruits the candidates that include they give ads in the newspaper and magazines as well as communicate with the employees for better opportunities through the radio, television and newspaper (Chaudhry, 2019). They also can recruit through the social networking sites which can attract the employees. Direct applications are launched by the coca cola for the employees. The human resources management approach are used by the coca cola company for controlling and planning the human resources of a company and aligned them with the business strategies of organization. This approach is considered human resources as the organization strategies.Thecocacolacompanyusedthehumanresourcesmanagementstrategiesfor achieving the high performance as well as competitive advantages in the industry of beverage. The coca cola company plans the various goals for their company that require the effective human resources management for the achievement as well as ensure that activities must be run smoothly (Ehsan, 2021). It is also referred as people function management in the coca cola company. Their aims are meet out the customer’s needs, desires and their choices as well as target market for becoming the more competitive and achieve the growth of company in order to establish the values for the shareholders. The coca cola company manage their money, time and
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people with the effectively and efficiently to achieve the target and enhance sustainable growth with the strategies. Work force planning is the refer the process to addressing and identify the gap between the employees and workforce. The company also identify the gap between the workforce and implement the gap reduction strategies for achieve the organization targets and their objectives. The recruitment process which are used by the coca cola company for hiring the employees through the newspaper and advertisements and then interested candidate will apply and selection process will be conducted by the company through the interview, presentations and test after that human resources management select the right candidate at the right job with the abilities and their capabilities (Stahl, 2020). Human resources developing is the development in the employees through the techniques in the coca cola company to provide a favourable, and familiar working environment as well as enhance their performance with the training and career developments and monitor the employee's performance. Talent management is the ability and capability of the employees to do their jobs. The company coca cola is considered the employees progress with their rules and regulations which are set within the organization for build skills, experience and capabilities in employees for achieving the business goals. The financial planning was not done efficiently and effectively so that the current ratio and liquid asset has disturb the cash distribution that need to be efficient. There are many new entrants are joining the market so it can be the biggest challenge for the company. To overcome this challenge company has built the internal feedback mechanism from the sales team. Also, competitors have good amount of inventory so it impacts on rising capital because it has the chance of attracting more and more customer towards its segment. TASK 2 Human resources are one of the most important sectors of the organization as it contributes in success of company in effective manner. Moreover, the role of HR department is to hire best quality people within the organization so that functional unit of the company remain effective in addition to this, it has been finding that Coco Cola make use of effective strategy in order to build healthy relation with their employees. One of the main principles of HR is to respect people and it is the fundamental value of Coco cola form last so many years (Malik and et.al., 2019). Although organization has built trust and respect through following standards of integrity
and excellence. Moreover, the company promote human rights according to UN guiding principlesonbusiness.Itaimstoincreasingtheenjoymentofhumanrightswithinthe communities.Although respecting human HR policy of the company includes point like respecting human rights, diversity and inclusion, workplace security and healthy lifestyle. Moreover, in company it is the responsibility of each employee to maintain a work environment that reflects respect for human rights and workers are free from discrimination and harassment. If any employee believes that there has been violation of human rights orany law it can report it immediately to HR, manager and company legal counsel. Along with this, company follow another strategy such as talent management in which it hires qualified people and have good interview process.The employees have to go from both oral and written test so that it can analyse their skill as well as select the best candidate out of other. In addition to this, proper training has been given to the employees so that it can meet with the challenges in effective way and it keep the customer satisfied (Poon and Law, 2020). Moreover, it has been found that company also follow motivation strategy so that it can increase their moral and keep them for longer period of time. The HR manager fulfil the basic need of the employees such as appropriate salary is provided on time and extra incentive has been given for good performance. In addition to this, in order to improve motivation of employee it provide both momentary and non- monetary incentive such asappreciation certificate, gifts and bonus to the workers. Internal promotion is also conducted in company for satisfying the needs of the employees. Moreover, Coco Cola also believes in maintain smooth flow of communication with its workers so that it can know about what has been expected from them and it have knowledge about what are the goals and objective of firm to be accomplished.Along with this, due to smooth flow of communication within subordinates and senior it contributes in reducing chaos within company and positive culture has been promoted within firm. The communication strategy allows the employees to understand the big picture of the company and the way it can fit in that and contribute in the success. It also helps in increasing the productivity of the worker and theremeans to work as due to smooth flow of information it is easy for the worker to connect with the goal. In addition to this, it helps in building employee engagement as communication is a continuous process.It allows organization to build healthy relation with them as well as allow them to work more effectively. It also improves trust within employeesand it also resolve issues within the organizationand itcreatesbetterclient
relationships. Along with this, some of the specific strategy such as CSR so that it can contribute in developing society and to motivate ruler area people (Lopez-Cabrales and Valle-Cabrera, 2020).This Strategy has been followed by Coco Cola so that it can attract large customer and build good brand image. Although in all the activities and programme it makesactive participation of their employees. However, nowadays employees a tend to stay more in the company that participate in CSR. This strategy also define commitment to define conduct business ethically so that it can benefit environment and it refers in implementing programs that will improve the performance. Coco cola HR department can make useof analytics to predict and evaluate things related to work such as employee retention to success of firm and recruitment strategies. For example, employees will use chat box so that it can communicate with peers and seniors and share their thoughts and ideas. Such tools will allow the worker to find out how many sick or vacation days it has and what are the procedure the organization covers (Hauff, 2021).Moreover, at the time of interview job candidate can answer the question or complete the task given to it as well as employees can track status of its application.Thus, digital strategy will contribute in improving the smooth flow of communication with the organization and also in low cost manner. Moreover, Coco Cola is an international brand and it has large amount of employees to be checked at so digital tools will allow them to go through them. However, it can make use of taking feedback from the employees it will allow them to identify any issuefaced by them while working. Although all this data need to be remain confidential so that employees can feel more open while sharing the data. In addition to this, in recurring policy it can attract more employee through offering beneficial package and it should include just flexible hour of working but also parental leave and financial wellness programme (Bartram and et.al., 2021). This way of recruiting should not be given on the basis of demographics as it will limit the scale of attracting talented people.Moreover, such way of marketingalso contributes in boiling brand awareness of the company in competitive market and contribute in growth of business. However, proper training strategy need to implemented as business environment is changing day by day so proper education will contribute inmeeting with the challenges and satisfy the needs of customer (Chaudhry and et.al., 2019).
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In orders to implement the strategy it can be said that Performance management is referred the manage and monitor the performance and it is also known as individual performance objectives. Coca cola company develop strategies to provide them rewards for their better performance which helps in enhance their level of performance and motivated them (Tweedie, 2019). The company also operate the programmes for the employees to motivate them and manage their performance such as training, coaching, events and provide feedback. Human resource strategy is referring to the roadmap in order to solve the organisations biggest challenge in order to consider the people centric situation.Also, helps for developing the business fit purpose of culture of organisation (Boon, Den Hartog and Lepak, 2019).This Hr approach help to improve the creation that help to elevates the importance of talent management recruitment, succession planning etc.The aim of strategic human resource management is based on the advanced flexibility innovation and competitive advantages. It has been analysed that coco cola should focus on developing the training and development session in order to improve the work pattern also this will help to conduct different type of session for employee. For example, company can provide the bonus on festive season so that it help to motivate employees in order to increasing the productivity. TASK- 3 Strategic human resource management is help for providing the framework that are linking people management in order to development practices as well as long term practices that’s help to achieve business goals and outcomes. This is also helps for focus on long term resourcing issues in the context of an organisation goals that help for evolving in nature. According to (Eijdenberg, Verduijn and Essers, 2018) the evaluation of SHRM from HRM is focused on the issue in context to the role that help for supporting the business. The main study is to focus on building the relationship between business strategy that help for improving the organisational performance. Also, author observed that there is different perspective of operating business activities by operating HRM practices on the basis of contingency, configurational, universalistic perspectives. The aim of strategic human resource management is based on the advanced flexibility innovation and competitive advantages. Also, helps for developing the business fit purpose of culture of organisation.Also, improving the business performance in ordertonotusingthepoliciesandpracticesusedbycompany.Thisisalsohelpfor demonstrating the change by providing different types of activities such as training, hiring and
rewarding employees. On the (Fan, Mahmood and Uddin, 2019) opinion it has been said that good strategy helps to impact on company’s growth in order to adopt strategic approach for developing and retaining the employees to meet the need of company’s long-term plans. This can be said that there are successful companies which are working towards the same objectives in order to analyse the employees that’s determine the action required for increasing the values of company. Strategic human resource management carry out the analysis of employees and also help to determine the action which are required for increasing the value to company. It also results on the basis of developing different types of techniques which are necessary to follow because of its benefit such as job satisfaction that is very important for the employee, better work cultures help to motivate employees in order to improving the working condition. Also, this is work for improving the rates of customer satisfaction that’s is necessary for efficient resource management. According to (Gillison, Rouse and Ryan,2019) this has been analysed that it is help for boost the productivity in order to more focus on retention and development of quality of staff. So that employee feels motivated and work accordingly. There is employee who does not focus on polies it impacts on overall growth of organisation. Also, some steps which are necessary to follow in order to creating the human resource strategic plan which follows business that is related to concept of developing the knowledge that is regarding cost leadership with the aim of minimises the cost also, HR strategic plan is different for business strategy differential when the product is expensive and unique by following the subsequent policies. This is also necessary to aligning the human resource in order to manages the work environment that is including the selection, recruitment, compensation and benefits etc (Gupta, Qian and Luo, 2018). For instance, In context to coco-cola the quality help to evaluate someone performance that should including the criteria by hiring people. The process of hiring is referring to the preformation evaluation, learning and development, rewards that are all align in order to use the business practices that is related to achieve business goal. Another innovation is related to the associated with performance appraisal, team working, employee involvement, training and development and job design that is necessary to consider. Also, aligning the HR practices help for creating the compound effect that help in achieving business strategy. Further, ……. it can be saidit help to more emphasis on data in order to manage theHr policies by following the business track and success accordingly by using KPI (Hauff, 2021).
It hasbeen critically analysed that human resource management help to get the reaction against the normative perception in order to work on the basis of assets and also make the commitment of welfares and development of employees enforce that is related to hard HRMs based strategic control that give the interest of organisation that help to provide the priority of behavioural perspectives. In order to evaluates the contemporary issue in strategic human resource management it isrelatedtotheglobalisation,workforce’sdiversity,economicandlegalenvironment, demographicchange,technologicaldevelopment,etc(Lopez-CabralesandValle-Cabrera, 2020). Dual market labor theory best on the summation for the internal diversity also these is resting use segment which related to 2 separate employers and worker hoover under completely different rules operated. There are type of market theory one is for a primary level marketing second disco secondary level market in the primary level market there character is on the basis of stability of employment level of ages and possibility of career advancement on the other hand second label market is related to which condition that are worst in nature. The characteristics of human capital is different theory also in the segment HR word screaming at 8 on the basis of occupational job race and sex (Oltra Comorera, 2022). Also, on the basis of innovation automation images of department at asked by different sectors archies training and development of employees it can be typical phone sometime because technology advancement is very fast in nature but it is necessary to train hr department then they can train other employees also it is capable to coordinate with technology developer in order to create programming for all out to employees. Also regular changing of regulatory shoes are consider as primary duty of human resource management because job duties not change for years but due to globalization other impact it can be changed and eat except strategy human resource management course all day strategies has changed you too that tractor also healthcare regarding facilities are affected in order to update and disclose all theemploymenttraininganddevelopmentprogrammeddatanecessaryfordisclose10 acknowledged that was eating with new regulation and lowest also companies exposing the lawsuit and penalties in order to follows other regulations (Rubenstein, Ridgley and Ehlinger, 2018). Coco- cola difficult to hire top talent in order to manage the human resource department in effective manna but it was a substitute to some reason such a huge compensation required for benefit of package also loyal prospectus of company it is necessary for HRM in order to hire
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talent on the basis of external is well as internal aliso that it is not enough for the job fair that can be reached with linkedin. HR manager must not have cultivated internal employee’s data suitable for development in promotion. Issue related to diversity in harmony can be affected for the business ola battery working together to build strong team in order to corporate with better idea and offer order customer satisfaction. On the on the other hand, it can be saying that low model and work for diversity of positive productivity of the company’s culture also diversity is a serious liability that is necessary to consider by company also there are many protocols that not deal appropriately and complaint by harmonizing in order to cohesive nature and embrace the difference in each other. The of strategic is related to human resource management is to resolve any issue which is related to solve the business difficulty for objective that may don't have chance of occurrence in this straight HRM. Forest and son ethical behavior of employee suggest taking drive and done behave with customers and other team must be treated positive manner so that this concert the example for the staff as well as other employees in order to follows confidential manners of strategic human resource management. This is also required effective and perfect teamwork in order to achieve business goals (Schaltegger, Hörisch and Freeman, 2019). On the basis of fury of strategic human resource management it has been said that behavioral rollsyourreconsiderbehaviorofemployeesthatisnecessarytopositivestrategyfor implementation also the author said that to keep healthy alignment between policies of HR and business it is necessary to come please the role in the company in order to make it successful and positive business. On the other hand, it has been suggested by author that human resource required sustainable competitive advantage theory for the company in that is name reason and also a chance in compatible also so is known substitutable and complete with competitive advantage.Another theory isrelatedto reflectivetheory of strategicsignificancethat is considered sensual yes it as well as school and knowledge of human resource and capability of employee so that it hurts to make economic value. Moreover, globalization company has facing issue for financial assets because tariffs and tax rates are increases that impact today training in development station of employee in order to use technology. The final theories related to strategic human resource management transaction coast theory that suggested that strategic a charttechniquerelatedtotheabilityatensurethecostminimizationby usingperiodic monitoring so that it can be an answer long with government (Stahl and et.al., 2020).
Another is issue is related to downsizing which considered the of individual from the job in a company for example coco cola decided to shut down one of the oldest factories in Australia on the other hand you too this issue there by many people lowest their job as well as its can become bit headache for HR department of the company also it is effect the reputation of the company in order to maintain brand image (Zhu, Song and Cegielski, 2018). CONCLUSION It has been concluded that strategic human resource management played important role for the company in order to manage all the resource. Also, present report based on the case study of Coco-cola in order tobeverage company and supply the soft drink in various brands such as sprite, Fanta, etc. this report discussed the strategic human resources management of the coca cola company and also refer Lipton organization for compare it as well as compare and identified the HR strategies. It will identify and elaborate the issues which are affect the HRM strategies.
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