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Assingment on Strategic Human Resource Management (SHRM)

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Added on  2021-06-18

Assingment on Strategic Human Resource Management (SHRM)

   Added on 2021-06-18

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Assingment on Strategic Human Resource Management (SHRM)_1
Table of ContentsIntroduction.................................................................................................................................................2Nature of industry...................................................................................................................................2Overview of the organization..................................................................................................................2Strategic Human Resource Management challenges..............................................................................2HRM performance in the organization....................................................................................................4Recommendation....................................................................................................................................5Conclusion...................................................................................................................................................5References...................................................................................................................................................61 | P a g e
Assingment on Strategic Human Resource Management (SHRM)_2
Introduction The paper will provide information about the nature of the food and beverages industry Nestle.Along with this, the overview of the organization is also discussed briefly in this context. Thekey challenges Strategic Human Resource Management that creates a major problem for theNestle Company are also discussed briefly in this paper. The work of the HR manager and itsteam in the organization are also briefly elaborated in this context. Along with this somerecommendation and suggestion regarding the key challenges and also the HR management teamare also given for the better growth of the firm.Nature of industry Nestle is one of the world’s largest food and beverage industry which has about 2000 brands inthe global market and are present in 189 countries all over the world (Cascio, 2018). The mainpurpose of this company is to enhance the quality of life by contributing healthy product that cansatisfy the needs of the customer. The main motive is to deliver the best product in the market sothe industry is growing with a huge profit over years and years.Overview of the organization Nestle is a food and drink company whose main headquarters is in Vevey, Switzerland. Formerlythe company was founded by Henri Nestle in 1866 and presently Paul Bulcke is the CEO of thiscompany (Hussain, et al., 2018). Since established over 150 years ago this company makes ahuge trust in the people and thus becomes one of the leading brands in the world. A number of280,000 employees have worked in this organization throughout the world and has 450 factoriesin around 86 nations (Brewster, et al., 2016). In 2011, Nestle was the number one companyamong all the Fortune Company but after the loss of 200 billion its rank, it becomes 13th in theglobal market (Sheikh, and Naveed, 2016). In 2017 the company sales about 89.8 billionproducts all over the world. The product of this company is mainly baby products, water bottle,cereals, cosmetics, chocolates and biscuits, frozen foods, ice cream, dairy products and pet foods.Apart from this, Nestle Company is one the main shareholder of the brand L’Oreal Company. Strategic Human Resource Management challengesThe Strategic Human Resource Management Challenges that have been faced by the NestleCompany are as follows:2 | P a g e
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