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Strategic Human Resource Management (SHRM) Assignment - TNT Express

   

Added on  2020-12-10

14 Pages4449 Words137 Views
Strategic HumanResource Management

Table of ContentsINTRODUCTION...........................................................................................................................1P1 Key current trends and developments that influence an operation's HR strategy..................1P2 External and internal factors influence HR strategy and practice..........................................3P3 Theories and concepts for growth & development in an organisation..................................4P4 Management models support HR strategy.............................................................................6P5 Methods by which HR outcomes can be measured so that it can be applied inorganisational situation...............................................................................................................7P6 Effectiveness of HR management and development for sustainable performance andgrowth.........................................................................................................................................8CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................10

INTRODUCTIONStrategic human resource plays an essential role in building foundation of anorganisation. It is an effective process which provides an strategic link between strategicfunctions and human resource objectives (Aladwan, Bhanugopan and Fish, 2014). This will aidorganisation to improve the level of their performance. Main motive of strategic humanresources is to maximise workers productivity and evaluate those key areas in which strategiescan be implemented to increase overall productivity of employees and achieve long termobjectives. Present case study has been conducted on, TNT Express which is a courier basedcompany and is market leader in provision of business-to-business(B2B) express deliveryservices. Company was established in the year 1958 by Ken Thomas. In this report discussions,have been made on current trends and development that influence organisation HR strategy.Furthermore, external and internal factors that influence HR strategy with the help of relevanttheories and concepts are covered in this project. Lastly, report covers the manner in whichappropriate change management models support HR strategy with the help of some relevantexamples.TASK 1P1 Key current trends and developments that influence an operation's HR strategyEach and every organisation design effective functions to meet management trendsstrategic objectives and increase employee performance. As in this dynamic world, organisationswant their workplace to be effective and productive in order to run their business in successfulway. Organisations those who are performing their business internationally required to haveeffective HR manager as they play vital role in developing profit based strategies in order to gainmore competitive advantages in United Kingdom marketplace (Brewster, 2017). It is importantfor an organisation to formulate fundamental HR strategies as to build positive brand image inmarket in short time span. Therefore, it is essential for an manager to build effective strategies inorder to serve their employees in best possible way and improve organisation retention power. Inrelation to this, mentioned below there are current trends which impact on HR strategies:-Workforce diversity: Having diverse workforce within an organisation in terms of skillsand competencies provides advantage to company. Human resource managers of TNT group aremainly authorized and responsible for recruiting new and effective employees. Recruiting fresh1

talent bring many innovation and remarkable ideas which help company to gain stupendouscompetitive advantages in United Kingdom marketplace and internationally. It is the mainresponsibility of HR manager to recruit right candidate for right job. Managers plays an essentialrole in filling vacant jobs in organisation so that company can perform all their day-to-dayactivities on regular basis. In addition to this, it is essential for them to formulate innovativestrategies and policies for their workforce in order to retain them in organisation for long periodof time.Process for improving productivity: This is one the most important new trend whichhave been adopted by all organisations in today's world. It is the basic responsibility of TNT toprovide all necessary informations related to their newly launched and modified products andservices to their customers (Michailova, Heraty and Morley, 2016). This will help customers toknow about company products which effectively results in maximising sales level oforganisation and increase their profit base. It is essential for HR managers of TNT to developtheir process of producing products and services and for this they need to provide proper trainingto their employees and increase their skills and competencies. Therefore, it is necessary for HRdepartment to recruit and hire efficiently skilled individuals in order to satisfy customers need inbest possible way.Continuous improvement:It has been seen that, after making necessary modificationscompany can face certain issues and problems like, reduction in sale, fluctuations in profitmargin and many more erstwhile decisions taken by TNT HR mangers may get incorrect.Therefore, it is essential for them to continuously analyse performance and monitor theirdecisions as to strengthen their market reputation (Petrick, 2017). This trend influences strategiesof HR as workers performance directly affect overall goodwill of TNT Express. Therefore, it isessential for HR managers to evaluate all different aspects, and formulate suitable policies andmeasures. This will help company to achieve their targets in efficiently and gain acquire benefitsin proper time frame.Changing skills requirements: In each and every organisation whether it is small or largeemployee retention plays an vital role. By Selecting effective candidates and teaming up them ina formative team any organisation can achieve their pre determined goals and objectives ineffective manner. With help of team formation company can complete their task in proper timeframe despite facing any kind of issues and problems. It has been analysed that, workers2

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