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Strategic Human Resource Management INTRODUCTION

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Added on  2021-02-19

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Strategic Human Resource Management INTRODUCTION 1 TASK 11 Human resource strategies help company to achieve their business objectives 1 TASK 28 Human resource strategies lead to achieve flexibility, employee commitment and strategic integration 8 TASK 510 Types of leadership models10 CONCLUSION 15 REFERENCES 16 INTRODUCTION Strategic human resource management is the best practicesof rewarding, attracting, retaining and developing workers for benefit of both the staff as individuals and firm as whole. It is proactive management of employees, strategic HRM required planning ways

Strategic Human Resource Management INTRODUCTION

   Added on 2021-02-19

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Strategic Human Resource Management INTRODUCTION_1
Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
Human resource strategies help company to achieve their business objectives..........................1
TASK 2............................................................................................................................................8
Human resource strategies lead to achieve flexibility, employee commitment and strategic
integration....................................................................................................................................8
TASK 5..........................................................................................................................................10
Types of leadership models.......................................................................................................10
CONCLUSION..............................................................................................................................15
REFERENCES..............................................................................................................................16
Strategic Human Resource Management INTRODUCTION_2
INTRODUCTION
Strategic human resource management is the best practices of rewarding, attracting,
retaining and developing workers for benefit of both the staff as individuals and firm as whole.
HRM role is to develop strategic solutions that is related to employment matters affect company
ability to meet their performance and productivity goals. It is proactive management of
employees, strategic HRM required planning ways for firm to better meet needs of their staff and
for workers to better meet with organization needs (García-Carbonell, Martín-Alcázar and
Sánchez-Gardey, 2016). HR department is designed to support firm to meet with demands of its
staff members while promoting business goals. Human resource management deal with all aspect
of business that influence employees such as pay, training, hiring and selecting.
The present report is based on Foodstuffs company established in New Zealand, provide
their services to people effectively and delivery the best quality products. This study begins with
short explanation about company and briefly explain different HRM strategies that organization
pursues. How strategies effect various international economic drivers and help firm to achieve
their objectives. Furthermore, it clarifies HRM strategies lead to achieve flexibility, employee
commitment, strategic integration and quality. Justifies two leadership models, disadvantages
and advantages of implementing these two leaderships into industry and how these models
promote excellence and drive change within business.
TASK 1
Human resource strategies help company to achieve their business objectives
Company over view-
Foodstuffs is retail organization in New Zealand, it is owned by two liquor retailers and
new Zealand grocery cooperatives, that are Foodstuffs south island limited and Foodstuffs North
island limited. The company is formed in 1922 and founded by J Heaton Barker, the advertising
department of firm designed most famous Mr 4 Square, who at first appeared only in posters and
newspaper promotion. Four square, new world and Pak'n save is the subsidiaries of Foodstuffs
firm. In which Four square is one of the leading supermarket chain in nation, it has 280 stores
throughout country, largely in small towns. They constantly seek to serve the best services to
customers, strive to understand their needs and demands. Together, their wholesale and retail
businesses employ more than 30,000 workers nationwide.
HRM strategies-
1
Strategic Human Resource Management INTRODUCTION_3
HRM strategy are the strategy which are adopted by the organization with the sole motive
of integrating the organizational culture, employee and system of the organization. All the
strategy which are adopted by Foodstuffs company with the sole motive of achieving the
organizational goal. Firm uses the mixture of the strategy to achieve the organizational goal and
improve the efficiency in the organization. There are generally two type of the strategy i.e.
Overarching HR strategy and Specific strategy in which their are many different strategy which
are adopted by the company.
Overarching HR Strategy: Overarching strategies describe the intension of the
organization to manage the employee of the organization in such a manner that organization is
able to attract new employee in an organization and also helps the organization in retaining the
employee in an organization. These are the strategy which used expressed as a broad- brush
statement of aims and purpose, which set the scene for more specific strategy.
AEGON: HR department of the organization makes sure that angle staff of the
organization looks at the pay management, performance, career development and reward, they
are consistent and linked. Some of the most common strategy which has been adopted by the as
follows:
Salary: used to offer the competitive salary and wages to the employee of the
organization which helps the business in increasing the morale of the employee in the
organization. Also helps the organization in building good trust among the employee of an
organization as which eventually result in increasing the efficiency of the employee in an
organization which plays a very crucial role in achieving the organizational goal and also helps
in retaining the employee in an organization (Ghinea and Moroianu, 2016). For example: used
to evaluate the salary of the employee in the organization on a yearly basis which helps the
organization in sending the positive sign toward the employee of the organization that their
performance will help them in getting higher wages.
Benefits and Perks: It is the another strategy which is used by all the organization in
attracting the employee toward the organization in which organization used to offer different
benefits and perks to the employee with the salary which helps the employer in attracting the
employee toward the organization. Some of the most common benefits which are offered by the
organization are medical insurance, holidays, incentives and etc. is also known for the benefit
which is offered by the organization to the employee as used to keep the different incentive
2
Strategic Human Resource Management INTRODUCTION_4

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