Strategic Human Resource Management | Assignment Here

qwertyuiopasdfghjklzxcvb
nmqwertyuiopasdfghjklzxc
vbnmqwertyuiopasdfghjklz
xcvbnmqwertyuiopasdfghj
klzxcvbnmqwertyuiopasdf
ghjklzxcvbnmqwertyuiopas
dfghjklzxcvbnmqwertyuiop
asdfghjklzxcvbnmqwertyui
opasdfghjklzxcvbnmqwerty
uiopasdfghjklzxcvbnmqwe
rtyuiopasdfghjklzxcvbnmq
wertyuiopasdfghjklzxcvbn
mqwertyuiopasdfghjklzxcv
bnmqwertyuiopasdfghjklzx
cvbnmqwertyuiopasdfghjkl
zxcvbnmqwertyuiopasdfgh
jklzxcvbnmqwertyuiopasdf
Strategic Human Resource
Management
[Type the document subtitle]
3/28/2020
student name

Strategic Human Resource Management 1
Contents
Introduction to Starbucks...........................................................................................................2
Factors affecting human resource management strategies.........................................................2
Importance of financial resources in creating human resource management strategy...............3
Contribution of SHRM in achieving strategic goals..................................................................5
Internal and external factors impact on elements of human resource management strategies. .7
Model used by the organization.................................................................................................8
HRM strategy for Starbucks.......................................................................................................9
Barriers to the implementation of strategy.................................................................................9
Achievement of business objectives........................................................................................10
References................................................................................................................................11

Strategic Human Resource Management 2
Introduction to Starbucks
Starbucks is a coffee chain that founded in 1971 in Seattle and reflects fastest growing
companies across the globe. The company expanded very quickly and rapidly in 1990s which
reflect 9000 outlets of Starbucks by 2000s. The goal of the company in 21st century was to
increase the stakeholders value and improve margins by increasing premium coffee sales.
However by end of this objective of the company the strategic issue arises in front of
management regarding development of the premium products. Starbucks was found to be one
of the highest market shares in the cafe market across the globe and has expanded the store
around (starbuckstenthings, 2019).
The major Purpose of this report is to consider human resource department planning to
deliver more efficient agenda for now. The company is always looking to streamline and
strengthening the product portfolio along with considering the budgetary constraints in order
to keep the time cost at control and in order to increase the efficiency of the organisation the
company reflect the role of strategic human resource management and strategy to imply the
rise in performance, manage budgetary constraints, improve cost needs and strengthen the
company growth (Tikson, 2018).
Factors affecting human resource management strategies
The factors that are majorly affecting HRM Strategies include
Political factors
Considering the labour law, taxation policy and environmental law in the nation the company
needs to modify its human resource management strategy as the company is working in large
number of nations and must abide by the political policies. The company is managing the

Strategic Human Resource Management 3
workforce diversely therefore with the change political climate the companies issue is with
managing cultural change, talent management which reflect the need of cross-cultural
training and personal development and the structural change which reflect all reduced with
the political barriers (Bailey, 2018).
Economic factors
The aspects like globalisation in the economy is one of the major factor that is impacting HR
in strategy of the company for instance manufacturing and services bases are generally based
on economic factor where cost is the major issue, considering these factors in the nation like
emerging markets are found to be in Brazil, India and China which reflects company to
consider the market potential and expand their base to such countries.
Social factors
The social changes or interaction with the macro environment of factors will reflect major
influence in HRM strategies for Starbucks. Consider social networking, social behaviour,
social relations are considered which are reflecting diversity in workforce for the
organisation, income disparities, demographic alterations I’m changing family structure that
has been impacting organisational HR and strategies.
Importance of financial resources in creating human resource management
strategy
Considering current organisational culture and organisational structure that has been implied
on human resource management strategies by now, it can reflect through the recruitment and
selection policy of the company. The company is working across the globe with large number
of outlets which reflect the company needs to hire a large number of employs every single
day the process of recruitment that has been identified to Starbucks included the use of