Strategic Human Resource Management Report - Sainsbury
Added on 2020-06-04
15 Pages4334 Words49 Views
Business DevelopmentDesign and Creativity
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Strategic Human ResourceManagement
TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1The relationship between business strategy and HRM plans.................................................1Models of SHRM...................................................................................................................3Performance Management and Rewards................................................................................4Recommendations for improvement......................................................................................7TASK 2............................................................................................................................................8Employment relations, role of actors, its changing nature and recommendations.................8CONCLUSION..............................................................................................................................10REFERENCES..............................................................................................................................11
INTRODUCTIONStrategic human resource management is field that has outgrown the scope of HRM as adiscipline. Today, organisation tries to use their manpower in a strategic way to gain a bettercompetitive position in market. There are several issues and problems that come up betweenmanagement and human resources of company that is solved with a strategic approach.Basically, it allows managers in finding out the actual variance because of which issues are there.If organisations need to extract the best out of people then they have to use strategic humanresource management techniques (Armstrong and Taylor, 2014). They will assist them in findingthe best path that can be followed by individuals to achieve their specified goals and objectives.This report states about the relationship that exist in between business strategy and humanresource plans. While different theoretical basis and models will be used to enlarge the scope ofstudy. Tesco is chosen as a company that will be used to determine how various HRM activitiestake place in it. TASK 1The relationship between business strategy and HRM plansToday, it is very important for organisations to ensure that they are able to use theirmanpower in a highly effective manner. The managers always try to align employee’scapabilities with organisation requirements as to achieve goals and objectives of company in aneffective manner. In TESCO, the HR managers assist top management in preparing strategiesthat will ensure an optimum utilisation of available resources (Armstrong, 2011). The peopleelement is a highly dynamic element that has to be managed by implementing right strategies aswell as plans. If the managers are not able to direct them effectively then company will sufferfrom conflicts and lower productivity. If the HR strategy is different from business plans thenalso there will be failure.This is why it is very essential to ensure that all plans and polices that are prepared tomaintain people element effectively, are aligned with the business strategies. In Tesco, everystrategy is prepared while aligning resources and integrating various functions together (Boxalland Purcell, 2011). The company follows divisional and matrix style to delegate authority andpower while keeping all factors of production integrated and aligned. Basically whenever HRstrategy is being prepared, it is given special important due to the fact that it will assist1
organisation in managing as well as boosting the productivity level of people who are working.This is the very reason a business strategy contains special provisions for HR plans and polices.There are certain points that will state about the relationship in a well-defined manner:HR plans and polices are business strategy: There is almost a line of sand thatdifferentiates the two of the stated terms. TESCO understands that an effective manpowerwill aid the company in achieving its goals and objectives. As stated by the topmanagement of organisation, that developing capital is far more important to them as toensure longevity and success in business (Guest, 2011). In past, Personnel managementas well as HRM were focused on managing payroll, task of people, recruitment, etc. Buttoday it is completely concentrated to assist business in gaining competitive advantage. HR strategy and business productivity: Strategic approach in managing human resourceis paramount in developing a workforce which is highly productive. All the strategies thatare prepared by the HR department has to focus on enhancing job satisfaction which willlead to higher level of productivity. As stated by TESCO official, human capital is themost important factor and maintaining it is our priority. Impact of trends on HR and business strategies: The business houses in today's era arefocusing on blending human resources and company strategies as to achieve a betteralignment and integration of resources (Jabbour and et. al., 2013). As stated by TowersWatson, that today HR management is at a point where it is integrating and becoming anengine to achieve broader goals and objectives of company. Interaction between executive leadership: The quality of communication between HRmanagers and top management states about the focus of company on human resource. Ifthere are differences between these two, then the workforce employed will also be dissatisfied. TESCO management is trying to integrate the HR plans with business strategies as togain better market positioning and competitive advantage (Jackson and et. al., 2011). Basically,vertical alignment aids in ensuring that all hierarchical level are directed in same direction whileresources and different task are integrated according to organisational requirements. There arecertain theories and models of SHRM that are employed by TESCO to evaluate and implementright strategies within company.2
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