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Strategic Human Resource Management

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Added on  2023-01-10

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This document discusses the current trends and developments influencing HR strategies, the ways external and internal factors impact HR practices, theories and concepts for growth and development of SHRM, and how change management models support HR strategies in Farmfoods Limited.

Strategic Human Resource Management

   Added on 2023-01-10

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Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
Determining current trends addition to developments which influence HR strategy of entity. . .1
Analysing the ways external and internal factors influences practices and strategy of HR........3
TASK 2............................................................................................................................................4
Applying theories and concepts associated with growth and development of SHRM ...............4
TASK 3............................................................................................................................................5
Evaluation of ways change management models support strategy of HR in company ..............5
TASK 4............................................................................................................................................7
Explaining how outcomes of HR could be monitored and measured together with application
to specific situation of firm .........................................................................................................7
Discussion and evaluation about effective HR management addition to development that can
support sustainable performance and meet objectives of entity..................................................9
CONCLUSION ...............................................................................................................................9
REFERENCES..............................................................................................................................11
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INTRODUCTION
Strategic HRM refers to a linkage among organisational human resources to that with its
strategies, tactics, objectives and goals for improving performances (Hill, 2017). It is a holistic
concept that is used for assembling best team for growth and success of enterprise. The major
aim of the approach is to design a fit for principle culture of company, advancing flexibility and
innovation, improving performances etc. To understand about Strategic HRM, Farmfoods
Limited is considered. It is popular frozen food supermarket chain whose headquarters are
located at Scotland, UK since 1955 (Farmfoods Limited, 2020). It operates its functions
throughout UK and has approx 300 stores addition to four distribution centres across the world.
The team of the business makes huge efforts for bringing best value of products including food
and household essentials as per needs of family.
The report comprises analysis of external along with contextual developments that influence
human resource related strategy. Further, it involves application of contemporary theoretical
addition to practical knowledge of development of HR and the ways change management model
support strategies of HR. At last, it covers evaluation of contribution made by HR management
for sustainable performances and growth.
TASK 1
Determining current trends addition to developments which influence HR strategy of entity
The present business environment is constantly changing and it is crucial for businesses to
adapt the changes so to work through making necessary developments on strategies and tactics
with the hope of maximising efficiencies and performances (Ambrosius, 2018). In global
competitive world, there are diverse number of trends addition to contextual developments
pertaining in market which provides huge opportunities to business for further growth. When
businesses like Farmfoods Limited are able to exploit the opportunities then it enhances chances
to effectively achieve set of objectives which are set by top level management. Mentioned below
are some of key trends addition to development that plays key role in influencing HR strategies
of Farmfoods Limited:
Changing skill requirements: In present state, organisations are required to meet skill
requirements for retaining employees for long durations. Managers are required to devise and
execute strategies and policies that have potentials for meeting dynamic skill requirements at
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workplace. In association to Farmfoods Limited, human resource manager are required to make
necessary modifications in training sessions, development courses and adopt innovate measures
that enhances knowledge and skills of employees for workings. Changing skill requirement is
one of trend that influences strategies of HR so that candidates are hired and existing ones are
developed as per requirements. It influences strategies devised by human resource managers and
result in favourable manner as when employees are developed and workings styles are improved
then they contributes widely in serving customers addition to generating productivity for
business in mass volume (Armstrong and Taylor, 2014).
Workforce diversity: In present era, organisations are focusing towards bringing together
variants’ of population at one place and using their beliefs, ideas, values and abilities for
accomplishing workings. It is current trends that enable managers of business to have multiple
varieties of employees to complete tasks and operations effectively. In context to Farmfoods
Limited, human resource managers have diversified their strategies related to recruiting, staffing,
compensation etc to hire candidate from distinct culture, religion and ethnicity. Workforce
diversity is the development that influences strategies of human resource management as many
practices are modified by professionals to attract and hire people belonging to different culture
and have huge experience. This influences strategies of the department positively as it broadens
skill sets and provide divisions with innovative and competent talents whose contributions can
lead the company towards great heights.
Methods for improving productivity: For improving targeted productivity performances,
various methods are available with the organisational managers. For instance, value engineering,
quality circles, job enlargement, inventory control, human resource engineering etc are some of
techniques that can result in huge improvements in productivity of Farmfoods Limited.
Moreover, all these save time and assist in meeting deadly targets within determined duration.
These all methods are considered as key trends in the market that influences implemented
strategies of HR to huge manner (Brewster, 2017). With adoption of these methods, it becomes
possible for the operations head of Farmfoods Limited to achieve and making significant
improvements within productivity performances of business positively.
With the mentioned trends and development, human resource managers of Farmfoods
Limited are able to make changes in the strategies in accordance with pertaining situations so
that things are handled effectively.
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