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Strategic Human Resource Management

   

Added on  2022-12-15

13 Pages3280 Words210 Views
Leadership ManagementProfessional Development
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Strategic human
resource management
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Table of Contents
INTRODUCTION ..........................................................................................................................3
TASK...............................................................................................................................................3
Human resource management system.........................................................................................3
Sustainable competitive advantages............................................................................................7
REFERENCES..............................................................................................................................10
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INTRODUCTION
Strategic human resource management is referred as the combination of various strategies
and human resource management practices and models. Basically it is a distinctive approach that
is related to employment management in order to achieve various competitive advantages
through developing committed as well as capable workforce. Strategic HRM is formulation
effective relation between human resources of an organisation and its respective strategies,
objectives and goals. There are various aims and objectives are decided within strategic HRM
process that lead organisation towards achieving respective goals effectively. These goals are
create advanced flexibility innovation in order to take competitive advantages, develop
appropriate purpose and improve organisational performance as well. In this report the chosen
organisation is ITC Rajputana which is a luxury collection hotel founded in 1975 that serve its
services in India. Headquarter of respective hotel is situated in Kolkata, India owned by ITC
Limited. ITC hotel is india's third largest hotel chain that have 100 hotels all over India. In this
report various theories of strategic human resource management and changing role of HRM is
being covered. There are different techniques in planning and HR strategies are being discussed
in this project report.
TASK
Human resource management system
The concept of human resource system that includes human resource management and
human resource information system that facilitates the organisation to manage human resources
of organisation effectively and ensure their proper utilisation of resources in order to take various
competitive advantages (Human resource management syatem,2021). It take too much time and
resources to maintain human resources effectively. So, HR managers implement various
technological factors that saves time, cut organisational cost as well help organisation to handle
staff in efficient manner. Human resource manager use various strategic areas to manage human
resource such as training and development, performance management as well as recruit effective
and skilled employees (Ako, 2018). ITC Rajputana Hotel implement HRM systems in order to
manage human resources on organisation effectively and efficiently that facilitates the
organisation to achieve all defined goals and objectives within time period and take various
competitive advantages in order to sustain in competitive market environment. Obeidat, Mitchell
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and Bray stated that organisation gain high financial objectives through investing in high
performance work practices. In such concept various factors are included like hire and recruit
skilled and most effective employees who enables organisation to achieve high performance and
productivity level, provide them various opportunity of development as well as offer various
competitive rewards that motivates them to enhance their performance level and gain
organisational and professional goals and objectives in effective and efficient manner.
Components of human resource management system are discussed below:
Human resource management system is related to standardize as well as strengthen the
process of human resource management. There are various component is included that facilitates
the respective organisation to create better and effective work force and help organisation to
attain all goals and objectives effectively. It is related to manage applications of applicants and
analyse them on bases of various perspective (Bouaziz, and Hachicha, 2018). Whole
recruitment process that includes find appropriate candidate and attract them towards
organisation, shortlisted them on the behalf of their skills, competencies and requirement of
specific job role, schedule interview of shortlisted candidates and at last stage take hiring
decision of appropriate candidate who is capable to perform all job responsibilities in efficient
manner. All selected candidates on boarded on job designation and managers introduces them
with all rules as well as regulations of organisation. ITC Rajputana hotel hire effective
employees through conducting proper recruitment process and provide them various training and
development opportunities in order to gain various financial advantages as well as sustain in
competitive environment. ITC Rajputana Hotel conduct various human resource management
system practices in order to manage various activities such as store and regularly update
employee related informations on centralised database that can be accessed from ant place, any
time to take effective decisions related to workforce. Appropriate organisational structure that
facilitate respective organisation to communicate all policies and relative information in order to
take proper decision (Brewster, 2017). According to view point of Obeidat, Mitchell and Bray
various training and development is provided to the employees that enhance their performance
level and also facilitates respective organisation gain various financial advantages and attain all
organisational goals and objectives in efficient manner.
Strategic human resource management system facilitates ITC Rajputana hotel to manage
all benefits, employees payroll according to various accounting models and automated tax
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