Strategic Human Resource Planning Australia Assignment 2022

9/24/2019
Strategic
Human
Resource
Planning
With reference to Woolworth Group
of Australia

STRATEGIC HUMAN RESOURCE PLANNING
Contents
Introduction................................................................................................................................2
Factors Affecting Strategic Workforce Planning in Woolworths..............................................4
Process of Strategic Workforce Planning in Woolworths..........................................................5
Theories and Models of Strategic Workforce Planning affecting Woolworths.........................7
Conclusion and Recommendations for Strategic Workforce Planning for Woolworths...........8
Bibliography.............................................................................................................................10
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STRATEGIC HUMAN RESOURCE PLANNING
Introduction
Human resources are the core assets of any company as they have the capacity to deal with
other assets of the company. The objective of human resources in an organization is to
provide the best manpower to the organization as well as managing them in most productive
manner. In the proper management of manpower, the first step is their strategic planning.
Every organization needed to plan from before only how much employees for each division
and unit they needed and of what qualities and qualification (M. RAVI BABU & ASGHAR
EIMANI, 2014). Human resource planning is a whole process that accumulates various steps.
It starts from searching of internal environment of the organization, identification of demand
of human resources in the company then identifying internal as well as external ways of
employee supply. At the final stage the required employees are placed on the respective jobs
by following the process of recruitment. In this assignment an attempt is made to describe
and demonstrate the strategic human resource planning of Woolworths Group of Australia
(Zidan, 2011).
Woolworths Group Limited is a significant Australian corporation with significant retail
interest across Australia and New Zealand. Percy Christmas and many others established the
organization in 1924 (Woolworths Group, 2019). It is located in Australia's New South Wales
as well as listed as an ASX business. It serves Australia and New Zealand predominantly. It
is Australia's second biggest revenue-based corporation and New Zealand's second
biggest. Furthermore, Woolworths Group is Australia's biggest takeaway liquor retailer,
Australia's largest hotel and gaming poker machine operator, and was the world's 19th
biggest retailer. In 2018, the business has about 205,000 staff. The strategic human resource
scheduling in Woolworth Group is evaluated in this task as they have a big amount of staff
who are continuously working to improve their organization.
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STRATEGIC HUMAN RESOURCE PLANNING
Source: The Team of Woolworth Group of Australia (Annual Report)
The company’s need a proper planning program when they are looking forward to be
competitive in the market for the long run (Sunghoon Kim, et al., 2018). The employee is
considered backbone of the company and they have to be efficient in order to provide strong
base to various operations of the company. in this assignment in order to analyze the strategic
plan of Woolworths Group of Australia, an attempt is made by analyzing factors affecting
planning mechanism, identifying and analyzing the process of planning, analyzing various
models and theories strategic work force planning and ultimately providing conclusion and
recommendations for effective strategic human resources of the Woolworths Group of
Australia.
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