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Strategic Management Human Resource Assignment

   

Added on  2021-02-20

13 Pages3480 Words34 Views
Strategic Management Human Resource

Table of ContentsINTRODUCTION...........................................................................................................................1Task 1...............................................................................................................................................2Relation between business strategy and human resource strategy...............................................2Theory basis and models of SHRM.............................................................................................2HR practices of Performance Management and Reward ............................................................3Recommendations upon designing/ re designing performance management system by client. .4Task 2...............................................................................................................................................5Nature and theoretical perspective of employment relations.......................................................5Recommendation of employee participation and employee voice in relationship buildingwithin organization......................................................................................................................8CONCLUSION................................................................................................................................9REFERENCE...................................................................................................................................9

INTRODUCTIONStrategic management is continuous planning, monitoring, analysing and assessing all thenecessities required by any organization to meet it's objective and ultimate goal. The factorfocuses on evaluating internal and external strengths and weakness to formulate action plans forbusiness operations. They focus on co-ordinating and consistent along overall businessobjectives to boost performances of business. The report will address link between humanresource strategy and business strategy briefing vertical alignment and horizontal integration forthe company along with evaluating and informing clients for strategic perspective of the bestpractices and evaluation of best practices for human resource will be assessed for performancemanagement and reward. Further nature and theories of employee relation will be discussedalong with role of actors for employee relation in changing scenario. Further recommendationwill be made on importance of employee participation benefiting relationship in employmentwithin the organization.1

Task 1Relation between business strategy and human resource strategy.Business strategy is combination of strategic moves and actions opted by a business tostrengthen business activities and performances for the motive of achieving organizationalobjectives (Rachid, Mohamed and Khouaja, 2018). The plans basically define the businessmethods to be carried out to attain desired outcomes and objectives. Whereas human resourcestrategy is designed to attain long run plans developed to attain outcomes in human resource andcapital management of same factor. Basically human resource strategy is outcomes of strategicmanagement for managing human resource of business to attain their desired motive (Ansoff andet.al., 2018). Vertical alignment of stargates is ensuring that strategy are directly linked to goals oforganization covering its values, mission and vision. These strategies are developed to attain howthe organization will achieve it's final objective. The human resource strategy will aim onensuring that organizational human resource department focuses on activities that directly aim toachievement of final objectives such as hiring of such a type of employees to perform specificjob type, training of employees in such a manner that the all the learning required to reach thefinal objective will be covered (Hitt and Duane Ireland, 2017). Whereas horizontal alignment ensures strategies of businesses do not compete each otherthat focus on aligning business with suppliers as well as company outside the organization. Thestrategic 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 theemployees in such a way that each department and objective activity is covered under the aspectthat employees are trained to ensure their departmental working are up to the mark that willultimately result in effective working practices of each individual thus help attainment oforganizational objective (Lasserre, 2017).Theory basis and models of SHRMThe theory basis and model of SHRM consist of following components Contingency Theory2

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