Strategic Human Resources Management – PDF
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Added on 2021-01-01
Strategic Human Resources Management – PDF
Added on 2021-01-01
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STRATEGIC HUMANRESOURCESMANAGEMENT
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1Relationship between business strategy and human resources practice .....................................1vertical and Horizontal integration..............................................................................................3Model of SHRM..........................................................................................................................3 HR practices of Performance Management and Reward-...........................................................6TASK 2............................................................................................................................................8Nature of employee relation ........................................................................................................8Theoretical perceptive of employee relation ...............................................................................9Globalization and employee relation ........................................................................................12Recommendation ......................................................................................................................13CONCLUSION..............................................................................................................................13REFERENCES .............................................................................................................................15
INTRODUCTIONEmployee relation or industrial relation is formal and informal bond share by employeeand employee. Earlier this role is limited to render reasonable and fair remuneration, salary andbenefit to employee. But now its role has been changed due to increases competition due toglobalisation. This study describe relation between HR policies and business strategy becauseHR policy are made upon objective of organisation. Report also cover situational HR model usedis star buck, theories of employee relation, role of different actor in IR and direct machinsm useby star buck to establish direct communication with its staff. Star buck is most popular coffeemaking brand in the world. USP of star buck is its commitment to provide high quality coffee tocustomer. Company has huge global presence, so study industrial relation management ofcompany has worth. Within UK only, it has 28,218 employee and almost 2,38,000 are attachedwith Firm in whole world.TASK 1Relationship between business strategy and human resources practice Long term plan formulated by organization to achieve particular objective is calledbusiness strategy. These strategies render idea about effective way to conduct business activities,so that goal can be achieved. Different types of business strategy are Differentiation, FocusedApproaches, Competitive Advantage and Cost Leadership(Ahimbisibwe, Cavana. AndDaellenbach, 2015) Human resources function deals with finding the right people. Providetraining to human capital so that they can help in achieve the organizational vision, mission,future needs. Business stargazes and HRM have an interrelation with each other for instanceBusiness can not perform a single activity without employee and employee needs someobjectives to be accomplish. Following is the relation between HRP and business strategies isgiven below:1
Differentiation strategy and Human resource- in differentiation business strategy, business focus on developing unique product andservice, that is distinctive from its competitor's product and service. It provides opportunity tobusiness to charge premium price from customer for uniqueness. Develop different productrequired innovation, support , ability and motivation. Starbucks Human resource manager usedifferent HRM practice, that helps company to take competitor advantage. For instance ability ofemployee is enhanced by facilitating training and development session as per the need ofindividual learning(Albrecht.and.et.al., 2015). Company send its employee to international tourand conference so that they get exposer and experience. Monetary and non-monetary benefitsgiven to staff for their contribution in competitor advantage. These all Hrm practices supportinnovation and differentiation organization culture. These practice help employee in its carrierdevelopment.Cost leadership and HRM In cost leadership strategy Starbucks try to cut down its production cost and increase efficiency.In differentiation business strategy recruitment, selection, T&D and employee developmentpractices are focused on bringing innovation in product, where in cost leadership these function2Illustration 1: business strategy and human resource management Sources: (Relationship between business strategy and human resourcemanagement practices)
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