Table of Contents INTRODUCTION...........................................................................................................................1 Task 1...............................................................................................................................................2 Relation between business strategy and human resource strategy...............................................2 Theory basis and models of SHRM.............................................................................................2 HR practices of Performance Management and Reward............................................................3 Recommendations upon designing/ re designing performance management system by client..4 Task 2...............................................................................................................................................5 Nature and theoretical perspective of employment relations.......................................................5 Recommendation of employee participation and employee voice in relationship building within organization......................................................................................................................8 CONCLUSION................................................................................................................................9 REFERENCE...................................................................................................................................9
INTRODUCTION Strategic management is continuous planning, monitoring, analysing and assessing all the necessities required by any organization to meet it's objective and ultimate goal. The factor focuses on evaluating internal and external strengths and weakness to formulate action plans for businessoperations.Theyfocusonco-ordinatingandconsistentalongoverallbusiness objectives to boost performances of business. The report will address link between human resource strategy and business strategy briefing vertical alignment and horizontal integration for the company along with evaluating and informing clients for strategic perspective of the best practices and evaluation of best practices for human resource will be assessed for performance management and reward.Further nature and theories of employee relation will be discussed along with role of actors for employee relation in changing scenario. Further recommendation will be made on importance of employee participation benefiting relationship in employment within the organization. 1
Task 1 Relation between business strategy and human resource strategy. Business strategy is combination of strategic moves and actions opted by a business to strengthen business activities and performances for the motive of achieving organizational objectives (Rachid, Mohamed and Khouaja, 2018). The plans basically define the business methods to be carried out to attain desired outcomes and objectives. Whereas human resource strategy is designed to attain long run plans developed to attain outcomes in human resource and capital management of same factor. Basically human resource strategy is outcomes of strategic management for managing human resource of business to attain their desired motive (Ansoff and et.al., 2018). Vertical alignment of stargates is ensuring that strategy are directly linked to goals of organization covering its values, mission and vision. These strategies are developed to attain how the organization will achieve it's final objective. The human resource strategy will aim on ensuring that organizational human resource department focuses on activities that directly aim to achievement of final objectives such as hiring of such a type of employees to perform specific job type, training of employees in such a manner that the all the learning required to reach the final objective will be covered (Hitt and Duane Ireland, 2017). Whereas horizontal alignment ensures strategies of businesses do not compete each other that focus on aligning business with suppliers as well as company outside the organization. The strategic position focus on working co ordinal for business to keep focused on success policies. The human resource department in this case is responsible for ensuring and training the employees in such a way that each department and objective activity is covered under the aspect that employees are trained to ensure their departmental working are up to the mark that will ultimately result in effective working practices of each individual thus help attainment of organizational objective (Lasserre, 2017). Theory basis and models of SHRM The theory basis and model of SHRM consist of following components Contingency Theory 2
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This model focuses on claiming that there is no best way for organizing a business as well a concluding a decision. The theory focuses on stating that an individual before concluding any decision must consider all the internal as well as external factors depending on the situation. The human resource before working on any implemented strategy must access all the factors and working conditions before withdrawing strategy for work environment (Ginter, Duncan and Swayne, 2018). Universalist Theory This theory states that several human resource practices affect the organization in positive and direct manner affecting the practices of business. The implication of this practice lead to legitimating impact of Human Resource Management and enable Human Resource managers to display the impact of bottom line employees(Hollenbeck and Jamieson, 2015). The type of practice aims on focusing positive and effective practices on the manpower of the organization to draw a positive aspect of working conditions there. The Human Resource department must implement such practices in a way tht employees achieve objectives set as final goal (Hill, 2017). Resource Based View The resource based view technique is managerial framework to determine strategic resources in firm to be used by the best practices attaining competitive advantage in business type. The factor focuses on managing attention on company's internal resources to identify its assets, capabilities along with competencies to withdraw superior competitive advantage among the rivals (Baldi and Trigeorgis, 2015). The human resource department will aim on training the employees in such a way that they utilize company's resources and develop several working conditions in them to develop healthy working practices and identify potential task for managing strategic talent with the support of human resource management (Meyer, Neck and Meeks, 2017). HR practices of Performance Management and Reward Organization'sthesedayspayeffectiveemphasisondegreeofcommitmentfor reinforcement of rewards along with Human Resource practices for attainment for goals along with retaining and motivating employees. Crucial motivator will affect HR practices and reward bydevelopingperformancebasedpay,learningopportunitiesalongwithhealthywork 3
environment (L'Ćcuyer and et.al., 2019). The human resource department will enforce several practices for development of reward practices for employee engagement to maintain healthy working environment and keep the employee motivated to perform organizational activities. The reward practices may include sectors such as corporate leaders, business unit leaders, functional leaders and general employeeswith different sector working segmented into finance, tele communication, information technology, banking and manufacturing (Hollenbeck and Jamieson, 2015). The Human Resource department set standards and practices evaluating the consideration for accounts. By implementing initiatives of reward the efficiency of employees are motived. These are further segmented into two parts that is financial and non financial where financial include bonus pay and non financial include recognition (Morden, 2016). Recommendations upon designing/ re designing performance management system by client. If performance management system is to be designed or re designed by client in favour of organizational development and change following recommendations could be expected. Consider psychological principles The organization to develop performance appraisal procedures must consider not just a single platform to evaluate the performances of employees such as implementation of feedbacks as true rating technique that has limited approach on biasses improving performance appraisal system, the progress mage in employees condition is justified in this method (Trigeorgis and Reuer, 2017). Employee reaction on feedback to increase and boost performance standards The most important factor of effective performance review is to accept employee's feedback on several rules, regulation and practices. The feedback is not important as employee reactionthatjustifiestheeffectofperformanceevaluationstandards.Thedesigningof performance management based on employees' review and feedback is most effective review method (Trigeorgis and Reuer, 2017). Utilize effective performance rating scales As a client it is suggested that the performance evaluation process must involve effective rating techniques for assessing performances in all the areas. The sales will access the perform mace criteria and eliminate biasses upon rating and evaluation standards and must also use a 4
universal defined sale for elimination of un necessary confusion and biasses for eliminating ineffective practices (Bailey and et.al., 2018). Use performance evaluation software The organization must consider the use of performance evaluation software for designing and re designing performance management system as it cover all the factors pre established for evaluation of performance along with setting up standards for marking and rating performance standards. Performance management software can manage performance by developing strategies for development of company's programs and practices (Taylor, Doherty and McGraw, 2015). Set continuous meetings to evaluate outcomes The employees must regulate timely meetings to evaluate feedbacks for designing and re- designing for any further development or modification evaluating work condition and current practices meeting the standards desired along with expected outcomes to achieve company's objective and standards (Gupta, 2016). The employees by this method will access the need to modify the current practices and working conditions by asking and accepting reviews from employeesandattimesitmightbepossiblethatanemployeepossessbetterideaand recommendation than any other employee in the organization (Hollenbeck and Jamieson, 2015). Task 2 Nature and theoretical perspective of employment relations. Employee relations is refereed as firm efforts to manage and maintain relations amongst employer and employee at workplace. Any institute with good and effective relations between employer and employees will result in fair treatment to all employees along developing commitment in their job offering loyalty to firm (L'Ćcuyer and et.al., 2019). Nature of employee relations Maintain relationsā Employee relation with employer and organization will lead to maintaining good working condition between the two parties which will further access these firm for attainment of their organization objective develop sense of mutual understanding between the two (Gupta, 2016). Eliminate involvement of unions āEmployee Employer relations in the organization will result in elimination of un necessary formation of unions resulting in affecting working condition of workplace (Jha and Bhattacharyya, 2017). The factor will also cover unregulated, institutional 5
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and personal relations boosting up working condition of employees befitting organizations too (Jha and Bhattacharyya, 2017). Wide approachā Relation of employee and employer is more than that of trade unions and but also their relation with the government protecting their rights and regulations. The happentance of these approaches will result in attainment of employer and employee relation in very wide concept that of inside an organization what appears to us (Baldi and Trigeorgis, 2015). Cross working āThe relation between employee and employer will result in relation of management and labour in several of organizations. The factor involves co-operation in several disputes along with solving of problems through collective bargaining through rules, regulation along with rules and regulations governed by government (Rachid, Mohamed and Khouaja, 2018). Theoretical practices of employee relations Unitarism The theory of employee relation in the organization is necessary for survival of firm's practices. Theoccurrence of employee differentiation causesdue to personality disorder, recruitment done wrongly, ineffective way of promotion, poor communication practices. To ensure elimination of conflicts practices such as wise recruitment, fair promotions, work assignment according to interest to ensure employees are engaged in the best relation practices among each other and management (Ansoff and et.al., 2018). Pluralism The type of theory in organization states that conflict and mis management in the organization is unavoidable. The theory state that management and employees posses different prospectives in mind(Baldi and Trigeorgis, 2015). Thus the factor impact on allocation of rewards as there are many individual in organization affecting the working conditions of the type. The theory believes that managers and supervisors address the existing competencies related issues are effectively addressed on collective basis (Hitt and Duane Ireland, 2017). Marxism The type focuses on accessing class relations and social conflicts from materialist interpretation of historical development. The theory states that class conflict arise due to conflict between proletariat and bourgeoisie. The theory also covers the aspect of labour process theory, feminist theory and postmodernist theories (Lasserre, 2017). 6
Role of actors in employment relationship with changing nature of employment relation. By changing nature of employee relationship several of the parties are affected by implication of practices these include - Employer Employment Employers have the right to hire and fire people from its organization. The individual play an important role in managing activities of employment type. Along with this employer establish motivation, commitment and effectiveness for labour aspect. The employers also indulge in relationship management by employees along with withdrawing several decisions affecting employer employee relations (Ginter, Duncan and Swayne, 2018). Grievance redressal In an organizational context employer seeks to maintain the efficiency of employees by boosting up their more and maintaining their efficiency. Employee in working conditions faces many challenges and difficulties in the performance of their tasks and jobs. Employer by redressing the difficulties faced by employees along with coming up with effective solutions maintain relationship among st employer and employee (Hill, 2017). Employee Collective Bargaining The involvement of employees in employer employee relation in working condition will result in elimination of un necessary disputes among these borides. The involvement of employees will boost up the impact of industrial relation by eliminating practices and formation of unions resulting in effective organizational relations (Meyer, Neck and Meeks, 2017). Communication The involvement of employee in maintain relationship between employer and employee will result in effective communication of rule, regulations and practices eliminating any mis communication in organization resulting in effective running of business and working condition befitting organization along with boosting of employees morale and effect other managerial activities (Morden, 2016). Government Body Judge and Jury 7
Government get involves in industrial relationships at the time when negotiation fails and boundariesarecrossesinbusinessaspect.Bytheinvolvementofgovernmenttosettle organizational disputes for adjuring and amending of policies that stated pitfall. The government bodies get involved for industrial relations for solving and settling of disputes and works for the interest of both the parties. These parties are considered expertises in resolving disputes of such organizational types and practices (Trigeorgis and Reuer, 2017). Setting standards Government borides on setting up of standard boards, wages, labour courts along with other bipartite and trio partite helped established healthy relations among st employer and employeerespectively.Thesepartiesfatherlydevelopedworkersparticipation,discipline, collective bargaining and setting several orders for maintaining relations among the two (Bailey and et.al., 2018). Recommendation of employee participation and employee voice in relationship building within organization. Participation of employees can affect the working condition of organization in various aspects- Self motivated employees The participation of employees in working condition of organization will result in boosting up of motivation of employees developing sense of achievement in the organizational context. Employees if are motivated by self will not develop the thought of leaving the organization leading to motivation of employees on self basis resulting in effective working conditions of the same (Trigeorgis and Reuer, 2017). Employee ethnic culture By providing feedback to the management for various aspects will develop employees with effective working conditions and culture so that the employees perform best practices in their working environment so that effective work culture is maintained in work environment for building employee employer relationship. By employees working in working condition where their perception is being accepted and encouraged will develop employee ethnic culture so that employees develop their interest in participation of activities of the organization (Bailey and et.al., 2018). Acceptance of change 8
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Participation of employees in today dynamic and competitive working environment led to acceptance of change in organizational type. The participation of employees in these activities results in smooth acceptance by the employees by accepting change and develop the practices. As the employees are one who are part of changing process as all or several of the staff in the process considered their feedback for accepting change and they develop the prospective that their peace is not hardened or violated (Taylor, Doherty and McGraw, 2015). Develop learning environment As know that trained employees are responsible for drawing changes in the organization as most effective learning process is to learn under effective working conditions. Employees can develop effective learning if they are part of the team. So by accepting effective feedback makes training and development process more effective and efficient. The implication of factor will develop effective learning culture along with considering everyone to be a part of it (Hollenbeck and Jamieson, 2015). CONCLUSION The above study concluded relationship between business strategy and human relation strategy by relationship relating them with vertical alignment aiming direct on achievement of organizational goals along with horizontal alignment that focuses on eliminating that business must focus on succession policies rather than competing with each other. Further applicability of contingency theory, universalist theory and resource based theory is applied to define practices of strategic human resource management. Further the report address nature of employee relation as maintaining relations along with elimination of unions is addressed justifies by unitarism, pluralism and Marxism. Further role of employer is address for providing employment along with employee for maintaining communication and government in setting laws and regulations. Finally, it is addressed that by developing ethnic culture and healthy learning environment will develop employment relationship in work environment. REFERENCE Books and Journals Ansoff, H.I. and et.al., 2018.Implanting strategic management. Springer. Hitt, M. and Duane Ireland, R., 2017. The intersection of entrepreneurship and strategic management research.The Blackwell handbook of entrepreneurship.pp.45-63. Lasserre, P., 2017.Global strategic management. Macmillan International Higher Education. 9
Ginter, P.M., Duncan, W.J. and Swayne, L.E., 2018.The strategic management of health care organizations. John Wiley & Sons. Hill, T., 2017.Manufacturing strategy: the strategic management of the manufacturing function. Macmillan International Higher Education. Meyer, G.D., Neck, H.M. and Meeks, M.D., 2017. The entrepreneurshipāstrategic management interface.Strategic entrepreneurship: Creating a new mindset.pp.17-44. Morden, T., 2016.Principles of strategic management. Routledge. Trigeorgis, L. and Reuer, J.J., 2017. Real options theory in strategic management.Strategic Management Journal.38(1). pp.42-63. Bailey, C. and et.al., 2018.Strategic human resource management. Oxford University Press. Taylor, T., Doherty, A. and McGraw, P., 2015.Managing people in sport organizations: A strategic human resource management perspective. Routledge. Hollenbeck, J.R. and Jamieson, B.B., 2015. Human capital, social capital, and social network analysis: Implications for strategic human resource management.Academy of Management Perspectives.29(3). pp.370-385. L'Ćcuyer, F. and et.al., 2019, January. Strategic alignment of IT and human resources: Testing a mediation model of e-HRM in manufacturing SMEs. InProceedings of the 52nd Hawaii International Conference on System Sciences. Gupta, M., 2016. An empirical study on fit between strategic human resource management and business strategy.International Journal of Management Research and Reviews.6(2). p.102. Jha,S.andBhattacharyya,S.S.,2017.Shiftingcontoursofstrategichumanresource management in India.Strategic HR Review.16(5). pp.241-243. Baldi, F. and Trigeorgis, L., 2015. Toward a Real Options Theory of Strategic Human Resource Management. InAcademy of Management Proceedings(Vol. 2015, No. 1, p. 14862). Briarcliff Manor, NY 10510: Academy of Management. Rachid, B., Mohamed, T. and Khouaja, M.A., 2018. An agent based modeling approach in the strategic human resource Management, including endogenous and exogenous factors.Simulation Modelling Practice and Theory.88.pp.32-47. 10