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Strategic Human Resource Management

   

Added on  2019-12-03

15 Pages4183 Words154 Views
Strategic Human Resource Management 1

EXECUTIVE SUMMARYStrategic human resource management (SHRM) is method to manage human resources thathelp to achieve long-term business goals and outcomes with proper strategic structure in theorganization. It also contribute effective role for firm to analyse the micro and macro factor in thenation. Further, Staff members are suffering with many issues like conflicts with management,higher work pressure as well as long time of working which are affecting the performance oforganisation and employees. These thing are also leading turnover of employees in the company. Itmeasures the strategic human resources models, practices and theories such as resource basedapproach, Herzberg two factor, Maslow theory as well as Universal approach to solve problem ofstaff members in the firm. It also reveals the impact of strategic approach for management of peoplein the corporation. In addition, management of enterprise is providing flexible working hours alongwith leaves to employees which is providing reliability to them. SHRM models and practices likeMaslow and Herzberg two factor helps the organisation to motivate the people. Further, strategicmethods also contribute effective role to increase performance and productivity of employees in theorganization. This approach also aids the firm to reduce turnover of employees. 2

Table of ContentsExecutive Summary..............................................................................................................................2METHODOLOGY...............................................................................................................................5INTRODUCTION ...............................................................................................................................6TASK 1.................................................................................................................................................6LO1 Critically analyse the context, challenges and issues facing the management of people at work.................................................................................................................................................6The role and priorities of the HR function ......................................................................................7Different internal and external influences which have brought these about....................................8Changes for Next plc organisation over the next three years .........................................................8LO3 Analysis of the application of strategic HRM models, theories and approaches in practice ..9LO4 Impact of strategic approach to people management in contemporary organisations..........10CONCLUSION..................................................................................................................................12Recommendations:.............................................................................................................................12References..........................................................................................................................................133

Illustration IndexIllustration 1: Percentage of organisations which are using strategic approaches..............................11Illustration 2: Impact of strategic management on organisation's performance.................................114

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