Strategic Management and Human Resource

Strategic management &
Human resource

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................3
Task 1...............................................................................................................................................3
Relation between Business strategy and HR strategy: -..............................................................3
Vertical and Horizontal integrations: -........................................................................................3
Theories and practical model of SHRM: -...................................................................................3
Strategies perspective: -...............................................................................................................4
HR practice of performance management and Rewards: -..........................................................5
Recommendations to design & redesign of performance management: -...................................5
Task 2...............................................................................................................................................6
Nature and perspective of Employment relation: -......................................................................6
Roles and changing nature of employee relation: -.....................................................................6
Recommendation for employee voices and participation: -........................................................7
CONCLUSION................................................................................................................................8
REFERENCES................................................................................................................................9

INTRODUCTION
Strategic management and human resource refer to the HRM strategic in the organization
and the process of developing the relation of human resource withing the organization and This
report will explain the difference of business strategies and HRM strategies and further in the
report will discuss the employment relation and the importance of relation building for better
performance in organization. The recommendation to the design & redesign of the performance
management system.
Task 1
Relation between Business strategy and HR strategy: -
The relation of human resource and business in the organization as it affects the business in
bottom line, it is one of the most important challenge for the HR leaders convincing the
executives to understand the importance of investment in human capital as a most important
factor. Every successful owner to a business needs to develop the human capital as it is important
for the success of the company, today the human resource strategies involves leadership with
human resources experts to increase goals in overall business.
HR strategy also helps in the productivity of the business as the recruitment process and
HR department in building the productive workforce. Maintaining the workforce to high level of
satisfaction of job and job security helps in achieving goals. Interaction among the leaders and
executive is a part of the strategies and plays important role in the working of the organization
There are lot of factor which affect the relation between the business and HR strategies and every
person need to understand the importance of the relation between both of them to work more
effectively (Bui,2017).
Vertical and Horizontal integrations: -
Horizontal and vertical integration of strategies of HR shows the working of the HR strategies in
the business in the production process. In Horizontal integration company takes on the other
company who works in the same value chains industry. In Vertical integration on the other hand
works with the involvement in the acquisition of business operations and same production
vertical. Come example of Horizontal are Marriot’s in 2016 & AstraZeneca’s 2015 & example of
vertical integration of Google in 2012 acquisition the producer of smartphone Motorola.
Theories and practical model of SHRM: -
3