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Relationship between Business and Human Resource Strategies

   

Added on  2023-01-12

15 Pages4014 Words94 Views
Leadership ManagementProfessional Development
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Strategic Management
Human Resources
Relationship between Business and Human Resource Strategies_1

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................5
Task 1...............................................................................................................................................5
Relationship between Business and Human Resource strategies................................................5
The best HR practices of performance management and Reward...............................................8
Recommendation.......................................................................................................................10
Task 2.............................................................................................................................................10
Theoretical perspective of Employment Relation.....................................................................10
Roles of actor in Employment relationship...............................................................................11
Recommendation.......................................................................................................................12
Conclusion.....................................................................................................................................13
REFERENCES..............................................................................................................................14
Relationship between Business and Human Resource Strategies_2

Executive summary
The brief study of the report addressed the relationship between business strategy and the human
resource strategy. The vertical alignment and horizontal integration supported to understand
significance of leadership alignment with organization’s core objectives. It evaluated theoretical
perspective of employment relation.
Relationship between Business and Human Resource Strategies_3

INTRODUCTION
Strategic human management is a process that required effective management of people by
planning for their growth and development so that organisation can easily achieve its objectives.
Human resource department is responsible for build strong relationship among employees so that
they can easily coordinate and cooperate with each other and helps in achievement of planned
strategies and objectives of firm. This report is about Tesco that is multinational groceries
operating its business across nation to provide better and qualitative products and services to
customers. It explains about relationship between business strategy and human resource strategy
with vertical and horizontal integration across firm. It also analysis HR practices of Tesco for
managements of performance and rewards and theories and models related to strategic human
resource management. The Report also explains about interrelationship among employees and
where role of actors in employment relationship. Lastly the report provides an recommendation
about employees participation and employees voice in building strong relationship among
individuals.
Task 1
Relationship between Business and Human Resource strategies
In an ideal business environment, an organisation’s business strategy and human resource
strategies are closely linked and indistinguishable from one another as both work towards
achieving the end objectives and goals of the parent organisation. However, in the real business
environment this is hard to achieve and nowadays, business leadership and management consults
with human resource professionals with the intention to develop complementary business and
human resource strategies that can aid each other towards achieving the business organisation’s
end objectives and goals (Bailey and et.al., 2018). The recruitment, selection and induction
processes of the human resource strategy of any given organisation is of paramount significance
in sustaining the business operations successfully for the long term and in achieving its business
strategy. Training and development processes of human resource strategy is also crucial in
following an organisation’s business strategy. For a business organisation to become successful,
its human resource professional need to interact and work closely with its administration and
management for their operations.
Relationship between Business and Human Resource Strategies_4

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