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Strategic Human Resource Management Assignment - TNT

   

Added on  2020-12-30

15 Pages4512 Words385 Views
Strategic Human ResourceManagement

Table of ContentsINTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................3P1 Key current trends and developments that influence an organisation’s HR strategy............3P2 External and internal factors influence HR strategy and practice..........................................4TASK 2............................................................................................................................................6P3 Theories and concepts for growth and development in an organisation................................6TASK 3............................................................................................................................................8P4 Change management models support HR strategy................................................................8TASK 4..........................................................................................................................................10P5 Method by which HR outcomes can be monitored and measured.......................................10P6 Effectiveness HR management and development for sustainable performance and growth...................................................................................................................................................10CONCLUSION..............................................................................................................................12REFERENCES..............................................................................................................................13

INTRODUCTIONStrategic Human Resource Management is the way of developing, retaining, attracting,and rewarding for benefits of employees, individual and organisation. It is the responsibilities ofbusiness to make strategic plan for all activities (Aladwan, Bhanugopan and Fish, 2014.). Thishelps in achievement of goals and objectives by increasing productivity and sustainability. HRStrategies helps in better planning of organisation, mobility of workforce and employeeengagement for achieving better outcome. The given report is based on TNT which was foundedin 1946 in Australia by Ken Thomas. It is business to business (B2B) which deals in courierservices that delivers parcels, documents, freights among business using air or road transport. Inthis report will discuss about analyses of key external and contextual development that influenceHR strategy. Also change management support HR strategy along with evaluation ofcontribution of HR management and development to sustainable business performance andgrowth.TASK 1P1 Key current trends and developments that influence an organisation’s HR strategyIn today's aspect each and every business concern designs certain effective functions soas to meet trends prevailing in management along with strategic objectives. These factors furtherhelp in enhancing overall performance of employees. In context of TNT it has been noted thatbusiness can potentially achieve its overall goals and objectives if they function in a virtuous

way (Albrecht and et. al., 2015.). It is quite important that an organisation frames certainstrategies so that they can serve the needs of their employees and also motivate them. Varioustrends that have an impact on HR strategies have been stated as under: Workforce diversity: Maintaining an effective balance in workforce diversity is quiteessential. HR managers of TNT group are mainly assigned job where their aim is to recruit andselect employees based on their skills. Recruiting new and innovative talent in business will helpin bringing about new and innovative ideas of carrying out business activities. This will furtherbe quite helpful in enhancing TNT's brand image in competitive market of UK. Process for improving productivity: It is a quite important and successful trend whichhas been adopted by almost all business concerns nowadays. In present context, it is primeresponsibility of managers of TNT to provide all relative and necessary information to theircustomers regarding their newly launched products and services. This will further help inenhancing customer base of TNT. For bringing innovations in products and services HRmanagers of TNT will have to further motivate and train their employees thereby leading to anenhancement in their area of expertise. Continuous improvement: Continuous improvement is an ongoing process which whichis used by business concerns when they wish to focus on overall development of their employees(Armstrong and Taylor, 2014). In present scenario, it is seen that whenever a company bringsabout about any innovations or modifications then there may be situations such as reduction insales, fluctuating profit rates etc. Hence it is quite important that managers of TNT examineperformance of employees on a continuous basis and also monitor their overall decision makingwhich will further lead to a stable market position of company. This will also help in achievinggoals and objectives within a specified time frame. Changing skills requirements: Employee retention plays a quite important role in everybusiness concern whether it be small, medium or large. HR managers of TNT adopt a strategywhere they select most efficient and effective candidates and further team them in a formativeteam which will further help them in fulfilling and achieving their organisational goals andobjectives. Team formation will further help in timely completing their operations in a specifiedtime frame. It has also been analysed that workers who perform in team are more motivated andwork with greater efficiency as compared to people working individually. Training programmes

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