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Strategic Human Resources Management (Part 1)

   

Added on  2023-06-10

10 Pages2607 Words490 Views
Leadership ManagementProfessional Development
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STRATEGIC HUMAN
RESOURCES
MANAGEMENT (PART 1)
Strategic Human Resources Management (Part 1)_1

Table of Contents
INTRODUCTION...........................................................................................................................3
PART-1............................................................................................................................................3
Aim, scope and purpose of the strategic workforce plan-...........................................................3
Internal and external factors influence HR functions-.................................................................4
Key strategic and operational considerations-.............................................................................5
Contemporary theory of HR strategy-.........................................................................................6
CONCLUSION................................................................................................................................8
REFERENCES................................................................................................................................1
Strategic Human Resources Management (Part 1)_2

INTRODUCTION
Strategic human resource management refers to the practise of managing human resource
in an organization for strengthening personnel in order to achieve long term goals of the
organization (Awadari and Kanwal, 2019) In this report aim, purpose and scope of the strategic
workforce plan would be discussed in context of TESCO PLC which is one of the biggest retail
giant of UK. Some other aspects such as internal external influences on HR functions, key
strategic and operational considerations of the entity. At the end of the report contemporary
theory would be linked in attempt to demonstrate its support to HR practices of the organization.
PART-1
Aim, scope and purpose of the strategic workforce plan-
TESCO plc is one of the biggest giant of retail market and operating its business in more
than 11 nations. The entity is having around 367000 employees across the world. With this
regard the entity is having strong need to practise strategic workforce plan (Alam and Raut-Roy,
2019)
The main aim of the entity is to pave way to achieve its objectives in long run. The entity
is striving to be number one and leading retail entity so without proper human management on
the workplace achieving the dream is almost impossible. Considering the points it can be said
that the main aim of strategic human plan is to set up better internal environment in the
organization and clearing the way to curb organizational goal.
The scope of strategic workforce plan is bigger than human resource management since
it is fabricated for long run considering all key aspects which may affects its productivity.
Companies like TESCO which is widely operating its business it is essential for them to have
well articulated workforce plan. It helps to ensure employee retention, compensation
management, safety of workers and organizational performance, performance appraisal,
performance management, promotion, removal, giving training and development, induction etc.
The salient purpose of strategic human resource plan is to ensure to help entity in
achieving long term goal of the organization. In this competitive age for accomplishing future
goals there is burning need manage the employees in efficient way so can drive them to do their
best and can also eradicate potential perils which may affect both operational and non-
operational efficiency. For achieving futuristic goal placing right person, on right place with
Strategic Human Resources Management (Part 1)_3

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