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Strategic Management and Human Resources

   

Added on  2022-12-14

14 Pages4062 Words54 Views
STRATEGIC MANAGEMENT
HUMAN RESOURCES

Executive summary
This report shows the HRM practise which are used by M&S for maintaining the smooth
flow of work within organization. Difference between strategy and HR strategies is made with
vertical and horizontal integration. Models of SHRM are used additional best fit, best practice
and RBV approach is mention. With HR practice of performance management and rewards
system with recommendation is given. Second task shows the models and concept of relationship
with employees, various role and recommendation for employee voice to improve employee
relationship.

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
TASK 1............................................................................................................................................3
1. Difference between Business strategy and HR Strategy..........................................................3
2. Vertical integration and Horizontal integration.......................................................................4
3. Theoretical basis and Model of SHRM...................................................................................5
4. Strategic perspectives of Best fit, the best practice and RBV..................................................6
5. HR practice of performance management and reward system................................................7
6. Recommendation.....................................................................................................................8
Task 2...............................................................................................................................................8
1. Employee relation and different theories.................................................................................8
2. Role of actor for employee relationship with changing nature of employment relation. .......9
3. Recommendation...................................................................................................................10
Conclusion.....................................................................................................................................11
REFERENCES..............................................................................................................................12

INTRODUCTION
Strategic human resources is the process of business activities to recruit employee a
future develop and implements the HR policies within organization. This polices address
solutions to problems which are arises from employments and management. It helps business to
achieve it objectives in a long term period by maintaining the strategic human resource
management polices within organization (Yong and et.al., 2020). Marks and Spencer is the
multinational British company which is offering fashionable products for men and women, retail
store and home products within UK and some other countries. This report shows the relationship
between the business strategy and HR strategy, models of SHRM used by company. Strategies
like Best fit and RBV used by company and specific HR practice with some recommendation.
Second task, shows the relations between employees, role and changing employment
relationship. Last recommendation for employee participation and employee voice to improve
employments.
MAIN BODY
TASK 1
1. Difference between Business strategy and HR Strategy.
There is a difference between business strategy and Human resource strategy as they both
work different in company.
Business strategy Human Resource Strategy
Business strategy is the course of action
which is set by entrepreneur in order to
achieve objectives through making
certain decision.
This strategy work as a master plan for
company which help M&S to gain the
competitive advantage in market
through its effective operations and
achieve the desire results (Peidaie and
Belal, 2020).
Business strategy is majorly working
Human resource strategy is a plan for
managing the employees to complete
the business activity.
This strategy is being working as for
employee that include hiring and
recruiting, performance appraisal,
training and development of employee
within the company.
Human strategy is working majorly on
the solutions for employee within
company that motivate to work

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