Strategic Human Resource Management

   

Added on  2023-01-19

11 Pages2199 Words69 Views
STRATEGIC HUMAN RESOURCE MANAGEMENT
Strategic Human Resource Management_1
Table of Contents
Table of Contents..........................................................................................................................2
1.0 Introduction..............................................................................................................................3
2.0 Rationale of embedding HR strategies into broader corporate strategies....................4
3.0 Methods through which the HR strategy is embedded in the broader corporate
strategy...........................................................................................................................................5
4.0 Ways through which Tesla might implement their HR strategy at the departmental
level.................................................................................................................................................6
5.0 HR challenges faced by Tesla..............................................................................................7
6.0 Conclusion...............................................................................................................................8
References:....................................................................................................................................9
Page 2 of 11
Strategic Human Resource Management_2
1.0 Introduction
Human resource management (HRM) may be considered to be one of the most
successful critical aspects of business studies. Effective and efficient implementation of
human resource Management in an organisational context requires consideration of lots
of factors that are not only internal but also external to the business. The management
of every business, therefore, we need to keep in mind these points while implementing
strategies for the organisation (Saridakis, Lai & Cooper, 2017). The incident report deals
with a discussion of the implementation of search engine strategy in the context of
Tesla.
At the very outset of the study, the researcher provides a brief introduction to the topic
followed by the discussion on the theme of the research. In the main parts of the paper,
the researcher aims to answer four questions related to the strategy of HRM practices.
Firstly, the researcher provides a rationale for embedding HR strategies into broader
corporate strategies. Secondly, the research is aimed at evaluating the methods
through which the HR strategy is embedded in the broader corporate strategy. In
addition, the researcher analyses the ways through which Tesla might implement its HR
strategy at the departmental level. Finally, the HR challenges faced by Tesla have also
been concisely evaluated. In the last, the researcher wraps up the discussion by way of
concluding note.
Page 3 of 11
Strategic Human Resource Management_3
2.0 Rationale of embedding HR strategies into broader corporate strategies
It has been observed that contemporary HR strategies have become more focused in
terms of offering strategic value to drive the final outcomes. In the consideration of Park,
Jung & Lee (2019), the focus is quite less on ownership and control and more towards
comprehending and aligning people policies to its business objectives, empowering and
supporting employees to perform their best to get the desired outcomes. The present
HR strategies are designed to maintain a positive relationship with the employees,
which are the most important aspect to retain sustainability (L'Écuyer, Raymond, Fabi &
Uwizeyemungu, 2019, January).
This positive relationship also facilitates HR executives to have many clear perspectives
of organizational health, cultural shifts, turnover risks, etc. Based on which, they can
effective strategies can be framed aligning with the companies’ mission and goals to
address the identified risks. Moreover, Noe, Hollenbeck, Gerhart & Wright (2017)
mentioned that the HR strategies of the present time are designed effectively to
experience the benefits of cultural diversity. It has been identified that the majority of
organizations are adopting cultural diversity to expand their business operations into
other regions (L'Écuyer, Raymond, Fabi & Uwizeyemungu, 2019, January). Therefore,
the embedded HR strategies are designed efficiently to address employees’ cultural
gaps, understanding issues, negativities, etc. The employees are rather trained
persistently to accept the essence and spirits of other cultures and maintain a positive
environment by helping other employees in getting their job done (Jamali, El Dirani &
Harwood, 2015).
Page 4 of 11
Strategic Human Resource Management_4

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Human Resource Management: Tesla
|10
|2311
|92

Embedding HR Strategies into Corporate Strategies
|9
|2307
|213

Nintendo HR Strategies
|9
|2531
|99

Embedding HR Strategies in Corporate Strategies at Tesla
|11
|2061
|312

Strategic Human Resource Management
|9
|2571
|56

Strategic Human Resource Management
|9
|2468
|35