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Strategic Human Resource Management Concept

   

Added on  2020-10-22

13 Pages3912 Words446 Views
STRATEGIC HUMANRESOURCE MANAGEMENT

EXECUTIVE SUMMARYThis whole report describes the entire concept of strategic human resource management.and have kept its focus on relationship among business and HR strategies. The motive of wholedocument is to develop effective employee engagement at Unilever that may aid in maximisingthe profit margins in near future. Lastly, the critical evaluation will help in overviewing andanalysing the statements that has been given by the different authors related to strategic humanresource approaches and hypothesis.

Table of ContentsINTRODUCTION...........................................................................................................................4TASK 1............................................................................................................................................4Relationship between business strategy and the human resource strategy.............................4TASK 2............................................................................................................................................8Nature and theoretical perspectives of Employment Relations..............................................8CONCLUSION..............................................................................................................................11REFERENCES..............................................................................................................................12.......................................................................................................................................................13

INTRODUCTIONStrategic Human resource management is considered as one of important aspect of anorganisation which either build or destroy brand name in all over the world. In this regard, HRmanager of a company plays various roles and responsibilities in order to enhance performanceof business. It includes hiring best employees, formulating strategies, analysing and measuringperformance of each employees and so on (Crispin, Vasumathi and Subashini, 2016). Therefore,a report is going to understand the concept of SHRM. For this purpose, Unilever is taken, whichdeals in retail market of UK and sells consumer goods. This company looks forward to increaseits capacity by getting retention of workers for longer period. Assignment will encloserelationship between strategies of business and HRM, with a current evaluation on theoreticalbasis and models of SHRM. Furthermore, a critical discussion on nature and theoreticalperceptive of employee relations is also examined. TASK 1Relationship between business strategy and the human resource strategyStrategic HRM refers to the effective practises which are helpful in developing positiverelationship between employer and employee. It includes various strategies retaining employees,rewarding and appraising them which influence their working capability. As a result it generatesexcessive profitability of organisation.Business strategy refers to the working plan of organisation which is successful inattaining targetted goals and objectives of company. In relation to Unilever, the company offersconsumers good in its store as it provides food and beverage, personal care items and differenttype of cleaning agents. Top management of Unilever opts various kinds of business strategiesthat helps in competing and executed all of predetermined plans according to budget.Human resource strategy refers to the responsibility of HR department in order to meetgoals and objectives of organisation (Sourchi and Liao, 2015). This strategy is also helpful inreducing conflicts within company as maximum number of workforce is satisfied with its usage. It can be said that business strategy as well as human resource strategy are alignedvarious ways. Main motive of both strategies is to the maximise profit of the company. Inrelation to Unilever, both of its strategies are inter related as major role of business strategy is toset their future goals and objectives whereas human resource strategy helps to execute overall

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