Framlington Property Plc|Report On Strategic Human Resource Management

Strategic Human
Resource Management
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TABLE OF CONTENTS
Introduction......................................................................................................................................3
Task 1...............................................................................................................................................3
Task 2 ..............................................................................................................................................3
(A) Analysis of external and internal factors affecting FP’s human resource planning..............3
(B) Current and future requirement of human resources in Framlington Property.....................4
(C) Human resource plan for both UK and Indian part of Framlington Property.......................4
(D) Critical evaluation of the developed human resource plan for Framlington Property..........6
Task 3 ..............................................................................................................................................6
(A)Purpose of at least three human resource management policies............................................6
(B) Employment law which is likely to apply on FP along with their impact ............................7
Task 4 ..............................................................................................................................................8
(A) Analysing impact of de-layered organization structure for FP ............................................8
(B) Impact of organizational culture on management of human resource in Framlington
Property .......................................................................................................................................8
(C) Performance indicator used monitor and evaluate performance of an HRM function..........9
(D) Recommendation with justified improvements to effectiveness of HR functions ...............9
Conclusion ....................................................................................................................................10
References......................................................................................................................................11
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Illustration Index
Illustration 1: Human resource management Plan ..........................................................................6
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INTRODUCTION
In present scenario, human resources are considered as one of the most important asset of
any business enterprise. Further, it can be also stated that it is an effective team of employees
which supports organizations to accomplish their aims and objectives in the best possible manner
(Daley, 2006). The present report is based on Framlington Property Plc. which is a UK based
property dealer company that buys and develop land for business use and other domestic
purposes. As per the provided case scenario, the organization witness good growth and sales
from year 2000 to 2007. Its main target audience includes people in higher income groups and
with senior management position in sectors such as medical, legal and financial. In the year
2008, Framlington Property Plc. started to experience low demand in the entire property market
of UK. The present report need of strategic human resource management (HRM) in medium and
long term. Other than this, it also covers various aspects of HRM about Framlington Property
Plc.
TASK 1
Covered In PPT
TASK 2
(A) Analysis of external and internal factors affecting FP’s human resource planning
Human resource planning can be termed as a process in which the current and future
requirements of employee are being identified by a business enterprise. Further, the plans and
strategies are developed to meet those identified needs (Schuler and Jackson, 2008). At the time
of human resource planning Framlington Property Plc. (FP) is required to take care of various
internal and external factors that can affect the plans. Budget of FP is one of the major internal
factors which can have direct impact on its HR planning. Low budget of staffing will result in
selection of ineffective and less skilled workers. On the other side of this, adequate budget will
help in getting the best and most desired candidate. Internal factors such as culture and structure
of the organization r will also have its impact on the plans. External factors such as economy and
social factors will also have impact on Framlington Property HR planning. In situations such as
economic downfall, the property developer may not seek for hiring new personnel as it is not
able to gain adequate profits and sales. Social factors such as education, income level, and
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