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Strategic Management - Human Resources

   

Added on  2023-01-06

10 Pages2797 Words78 Views
STRATEGIC
MANAGEMENT -HUMAN
RESOURCES

Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
Relationship among Business and HR Strategy.....................................................................1
Vertical and horizontal integration of M&S...........................................................................2
Theoretical basis as well as models of SHRM.......................................................................2
HR practices of Performance Management as well as Reward..............................................3
Design/re-design a performance management system...........................................................4
Conclusion..............................................................................................................................4
TASK 2............................................................................................................................................4
Perspectives of Employment relations...................................................................................5
Roles of the actors within the Employment Relationship......................................................5
Changing nature of employment relations.............................................................................6
Mechanisms of employee participation as well as employee voice.......................................6
Conclusion..............................................................................................................................7
REFERENCES................................................................................................................................8

INTRODUCTION
Strategic HRM define as a link among human resource of associated strategies as well as
corporation. The main aim is to facilitate flexibility and innovation across organisational
premises for attaining competitive advantage among rivalry. This is the report which is based on
Marks & Spencer which is performing its business functions at the competitive marketplace from
long duration within retail sector. The main products offered by them are related with home
products, merchandising and clothing products.
TASK 1
Relationship among Business and HR Strategy
HR play very essential role in the growth and development of the business entity.
Effective human resource team will be able to take effective decisions related to the business
organisation which as a result aid them in long run. Therefore, it is said that human resource
department have command on the staff members working within the organization. In reference to
Marks & Spencer it is a well known business organisation with strong brand image. Therefore, it
is necessary to have strong human resource management so that they will be able to select and
hire capable candidate along with motivating them to perform effectively.
Strategic HRM define as course of action which have the aim in order to improve the
performance of staff members by providing them recognition, training, rewards and various
benefits on regular basis. On the other hand business strategy defined as the plan as well as
decision making process which is undertaken to gain desired position at the competitive
marketplace. All these functions are done by effective implementation of HR strategy which
have the main motive in order to enhance the performance of staff members. There are some
important aspects which define effective relationship between both the strategies are going to be
discussed as follows:
Implement policies: The higher authorities of M&S devise well defined strategies which
then communicated to the HR department as they are the one who implement and enforces such
sort of strategies in the organisation. This as a result aid in earning profits along with setting link
between HR & business strategy.
1

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