Strategic Human Resource Management Assignment Sample
Added on 2020-07-22
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Strategic Human ResourceManagement
ContentsTASK 1....................................................................................................................................................3INTRODUCTION.....................................................................................................................................3Relationship between Business Strategy and Human Resource Strategy..........................................3Vertical alignment and horizontal integration of Marks & Spencer...................................................4Theoretical basis and models of SHRM..............................................................................................4HR practices of Performance Management and Reward...................................................................6Design/re-design a performance management system.....................................................................7CONCLUSION.........................................................................................................................................8TASK 2....................................................................................................................................................8INTRODUCTION.....................................................................................................................................8Nature and theoretical perspectives of Employment relations.........................................................8Roles of the actors within the Employment Relationship..................................................................9Changing nature of employment relations......................................................................................10Mechanisms of employee participation and employee voice..........................................................10CONCLUSION.......................................................................................................................................11REFERENCES.........................................................................................................................................12
TASK 1INTRODUCTIONStrategic Human Resource Management includes the practices of attracting, developing, rewarding and retaining employees which directly benefits employees as an individual as well as organisation as a whole. HR departments are held responsible to formulate an effective plans and policies for the betterment of their workforce which maximises their interest and working behaviour. Marks & Spencer, a UK company which deals in providing luxurious home and clothing products. The present task includes the relationship among Human resource strategy and Business Strategy. In this task, evaluating of HR practices related to performance rewards and management are also discussed (Keupp,Palmié and Gassmann, 2012).Relationship between Business Strategy and Human Resource StrategyHuman resource department is also play an important role in achieving growth and success of an organisation thus required by every company to have an effective management who are capable to make an effective decisions and strategies regarding development of Human Resource employed in an organisation. M&S Ltd. is a multinational company which also required having an effective human resource management who recruit, select and motiveemployees to perform well. Strategic Human resource management refers to the practice of improving the performance of employees through giving them suitable training, rewards, compensation etc. Therefore, it is consider as an important approach of managing and developing human resource. SHRM is related with business strategy, performance of human capital.Business strategy refers to son effective plans and decisions made by management regarding achieving desired goals and objectives of an organisation. An organisation such as M&S Ltd. can sustain in market for longer duration only when they have skilled and knowledgeable managers who are capable to formulate an effective strategies through which human resource can get easily direction to perform in right way. Apart from this, Human resource strategy is a plan of action which is made with an objective of improving the performance of workers (Keupp, Palmié and Gassmann,2012). Therefore both business strategy and human strategy are made by the top authority of company with an objective of achieving common organisational goals. Along with this, there are some others common points which show the relation among business strategy and human resource strategies:Top authority of M&S Ltd. Make an effective strategies and plans which need to be defined to human resource management so as to execute such plans in more effective and efficient manner that will help in achieving profitable result in future.With the help of makingbusiness strategy, the HRD of company can able to control and manage business activities in an effective and efficient manner.
The human resource strategies are also one of the parts of business strategy whose objectives are same. Thus, to bring maximum outcomes in future it is important to define such strategies to the workforce in order to provide right direction and achieving desired goals within limited period of time. Human resource strategy includes recruitment and selection of skilled employees, conducting training programs with the purpose of improving their skills and capabilities thus these all function of HRD enhances the overall productivity and profitability of company (Kavanagh and Johnson, 2017). It is essentially required for top authority of company to define formulated strategies to Human resource department through which they can direct and motive workforce to contribute more effort in order to achieve common organisational goals. Business strategy and HR strategy comes all executive and other superior members together which becomes the good sign for company. It will increase the chances of creating new ideas to perform business activities.Getting sufficient support from various departments such as HR department, production department etc. help top authorities to find an optimum solution in completing business activities in more effective and efficient manner that will increases the chances of getting profitable outcomes.Vertical alignment and horizontal integration of Marks & SpencerHorizontal integration refers to integration of various departments in an organisation in which the manager allocate roles and responsibilities of each department to their employees on the basis of their skills and knowledge. For example, if recruited candidate are good in influencing others then HR manager took decision of assigning them roles to work in marketing marketing department.Vertical integration refers to a competitve stargey through whch the management can able to control and montior activties perfromed by the employees of different departments. Theoretical basis and models of SHRMStrategic human resource management refers to an effective strategies made by HR department with a motive of developing human resource of company. It can be done through recruiting and selecting skilled employees, rewards and performance appraisal etc. Followingare the some models of strategic human resource management:Corporate strategy: Such strategies are formulated b y top authority of company in order to achieve desired goals without getting much affected from internal and external environment.Business strategy: It is considered as an effective strategy which is made with the purpose of achieving desired objectives of an organisation within pre-determined period of time (Hitt, Ireland and Hoskisson, 2012).
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