Strategic Human Resource Management: Trends, Factors, Theories, and Change Management Models

STRATEGIC HUMAN
RESOURCE MANAGEMENT

Table of Contents
INTRODUCTION...........................................................................................................................3
TASK 1............................................................................................................................................3
P1 Determine current trends & development that influence human resource strategy in an
organisation.................................................................................................................................3
P2 Analysis of how external as well as internal factors impact human resource practice and
strategy........................................................................................................................................5
TASK 2............................................................................................................................................6
P3 Theories & concepts associated to the development and growth of strategic human
resource management with examples..........................................................................................6
TASK 3............................................................................................................................................8
P4 Evaluation of how change management models support human resource strategy...............8
TASK 4............................................................................................................................................9
P5 Discussion about how Human resource outcomes can be measured and monitored.............9
P6 Evaluate how Human resource management & development support sustainable growth
and performance to meet business objectives...........................................................................10
CONCLUSION..............................................................................................................................11
REFERENCES..............................................................................................................................12
REFERENCES..............................................................................................................................13

INTRODUCTION
Strategic human resource management is defined as the practice of developing,
attracting, retaining and rewarding employees in order to benefit both employees as well as
company. In addition to this, it is consider as an important part of a company which assist in
developing brand name in an effective manner (Armstrong and Taylor, 2020). Human resource
management different function within an organisation such as recruitment and selection,
employee relation, training and development and so on. For the present report, TESCO is taken
into consideration. It is one of the largest grocery and retailer in UK which was founded in the
year 1919 and it head office is located in London, UK. One of the major strength of company is
its market presence as it offer products as well as services in more than 13 countries globally.
The report will cover current trends & developments that impact on Human resource strategy of
an organisation. In addition to this, there is a discussion about internal and external factors
impact on HR practice and strategy as well. Moreover, relevant concepts and theories associated
to growth & development of strategic HRM is discus along with some examples. Furthermore,
change management models and how HR outcomes is monitored in particular situation is
describe in the report. In the last, how effective human resource management as well as
development support sustainable growth and performance in order to meet objectives of
organisation is elaborated in a proper manner.
TASK 1
P1 Determine current trends & development that influence human resource strategy in an
organisation
In the present time, it is analysed that every organisation is making use of effective HRM
strategy with an aim to attain higher growth as well as strategy. It is significant for a company to
determine the consistency and feasibility of factors that impact on the overall valuation and
performance of a company (Barrena-Martínez, 2019). It is determined that company with an
effective HRM strategy as well as plan can retain its employees for longer time and enhance their
productivity level as well. There are various current trends as well as developments take place in
the present time which impact on the overall HR strategy of company. Such trends and
development is discuss below in context to respective company:

Globalisation: It is undertaken as one of the important aspect that impact directly on the
human resource strategy of TESCO. If the respective company want to expand its operations by
entering into new country then it is significant for HR department to develop new strategy in
order to deal with the changing environment. It is analysed that international business entities
needed international human resource management system in order to develop manpower which
are competent enough to perform at global level (Berman, 2019). Strategic human resource
management strategy provide harmony within the operations that impact efficiency of staff
members in a positive manner. In addition to this, it also assist in developing positive working
environment due to which employees work with full potential in order to attain objectives within
stipulated time period.
Workforce diversity: Another current trend is workforce diversity, TESCO is a
multinational company which has presence in more than 13 countries which shows the
organisation has diverse workforce. For this, it is important for HRM to develop strategies by
considering culture, values, beliefs of employees who belong from different culture as it help in
satisfying employees and retain them for longer time period. Workforce diversity directly impact
on HR strategy of TESCO as they did not apply and make use of same strategy in different
countries. It is determined that strategic human resource management decline level of cultural
difference which act as a barrier in executing policies as well as procedures.
Changing skills requirements: In the present business environment, skills is changing
rapidly with the up-gradation of technology and expectations of company from employees. In
context to TESCO, it make use of innovative technology that help in order to provide easy and
convenient service to customers and to attain competitive advantage at marketplace (Bratton and
Gold, 2017). For using new technology in an appropriate manner, it provide training to it staff
members in order to upgrade them with the new system and technology as well. In this, it might
be possible for Human resource manager of TESCO to make changes within the strategy
according to the requirements. Moreover, they can change recruitment and selection process so
that talented and effective employees were hired who have the capability to make use of
innovative technology and enhance the performance of company.
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