BUSS 3038 Strategic Human Resources Management

Running head: STRATEGIC HUMAN RESOURCE MANAGEMENT
Strategic Human Resource Management
Name of the Student:
Name of the University:
Author’s Note:

1STRATEGIC HUMAN RESOURCE MANAGEMENT
Executive Summary
The report intends to shed light on the concept of strategic human resource management
(SHRM) and its various related aspects. The report undertakes this analysis in the particular
context of the organization Take Solutions. The report begins by providing an overview of
the organization. The report also discusses the results of the STEEPLED and SWOT analysis
of the organization which were conducted in Assignment 2a. The report next discusses the
various business strategies followed by the organization like cost leadership, total quality
management and others. The report next discusses about the strengths and weaknesses of
these strategies from the perspective of the employees. The report also discusses the various
HR policies like reward system, organizational change and others that the HR professionals
of the organization can use for strategically synchronizing the employees with the business
strategy of the organization. Lastly, the report concludes by discussing the way in which
these policies can be implemented, like active consultation with management team,
employees and others.

2STRATEGIC HUMAN RESOURCE MANAGEMENT
Table of Contents
Introduction................................................................................................................................3
Take Solutions............................................................................................................................3
Findings from STEEPLED Analysis.........................................................................................4
Findings from SWOT Analysis..................................................................................................5
Business Strategy of Take Solutions..........................................................................................5
SW Analysis of the business strategies......................................................................................6
HR Strategies.............................................................................................................................7
HR Policies and practices...........................................................................................................9
Conclusion..................................................................................................................................9
References................................................................................................................................10

3STRATEGIC HUMAN RESOURCE MANAGEMENT
Introduction
The Human Resource Management (HRM) teams of the contemporary organizations
are not longer to the background of the organization rather they play an increasingly active
role (Jackson, Schuler and Jiang 2014). Hollenbeck and Jamieson (2015) are of the viewpoint
that the HR professionals of the contemporary organizations are seen as the stewards of the
organizations and are required to strategically align the employees with the business
strategies of the organization. As opined by Bratton and Gold (2017), this is important in the
context of the increasing workload that the employees are required to handle and also from
the perspective of the increasing competition that the organizations are facing. In this regard,
the notion of strategic human resource management (SHRM) becomes important since it
enables the HR professionals to design the job roles of the employees, reward and recognition
policy and others in such a manner that not only the employees but also the organization is
able to achieve its goals and strategies (Kramar 2014). This report discusses about the manner
in which the HR professionals can align the employees of an organization with the business
strategies which are being followed by the organization.
Take Solutions
The organization Take Solutions is reputed for offering high quality “domain-
intensive services in Life Sciences and Supply Chain Management” (Takesolutions.com
2018). In addition to this, it is seen that the organization is reputed for delivering “full-service
Clinical, Regulatory and Safety services” which are backed by the use of innovative
technologies so as to offer the maximum amount of benefit to its users (Takesolutions.com
2018). The organization with the inherent objective to deliver the best solutions to its clients
has a team of highly qualified as well as dedicated professionals along with the “best-in-class
systems” (Takesolutions.com 2018). In the genre of the supply chain services that the