Contents INTRODUCTION...........................................................................................................................1 TASK 1............................................................................................................................................1 P1. Present workforce trends which influence workforce planning & talent management.. .1 P2. Various legal arrangements on company which consider workforce planning...............4 TASK 2............................................................................................................................................5 P3. Present worker market trends and legal requirements which include anticipated skills with an organisation........................................................................................................................5 TASK 3............................................................................................................................................7 P4. Illustration of job description and individual specification..............................................7 P5. Various applications of recruitment and selection...........................................................9 TASK 4..........................................................................................................................................10 P6.Examine various stages of HR life-cycle.......................................................................10 P7. Examine the stages of HR life-cycle within organization..............................................10 REFERENCES..............................................................................................................................13
INTRODUCTION Resource and talent planning is a crucial aspect in an organisation in which entity is required to engage in the functions of ensuring coordination from business and recruitment team in different aspects like forecast of essential resources, selection of proper channel of networking, delivery of schedule resources and maintenance of skilled individual for future recruitment. This process allows entity to attract and evaluate potential candidates from larger market place in order to further ensure competitive advantage. This report has been made on Argos Limited. Company operate their functioning in retail industry segment and was established in the year 1972. Organisation headquartered in Buckinghamshire, England, with having more than 29, 768 employees this company offer consumer goods through online and physical stores. In this report discussion has been conducted on different type of legal requirement in workforce planning along with different process and method of recruitment and selection. In addition to this report include HR life cycle and human resource strategy that allow organisation to effectively consider the process of talent planning. TASK 1 P1. Present workforce trends which influence workforce planning & talent management Human resource management play most important role in a business administration, as this unitengageintheserviceofdevelopingefficientplanandpoliciesforindividualin organizational workplace structure. With these plans and strategy HR unit significantly aim towards providing positive organisational workplace culture in order to increase productivity of employees. In addition to this it has been evaluated that by synchronising diverse range of function within company this unit also help in resolving unnecessary conflicts, issues that arises in entity and further ensure towards ensuring healthy and happy workplace atmosphere as to accomplish organisational vision, mission and goal. In relation with Argos Limited, this has been evaluated that top executive by opting current as well as latest market trend and strategy provide assistance to HR management to increase efficiency of their functions related to enhancing and increasingskillsandknowledgeofworkers,astofurtherenhancetheperformanceand productivity for company benefit. 1
Labour plan is a systematic and crucial aspect of business activity in which changes in strategies are implemented as to modify organisational workplace environment. With the help of this Argos management can effectively able to provide more stable way to understand HR department with different challenges and industrial dispute and further adopt significant changes in order to ensure more competitive advantage. Overview of the organisation: Argos limited performs their operations with 29,768 and more than employees. Entity established in 1972 and conducts their business operations in retailing segment. By offering highly qualitative goods and services to customers this entity effectively satisfies needs and demands of consumers in a well defined and feasible manner. Types of labour Semi-skilled labour: Workers within this category posses best effective form of mechanical abilities and skills in order to operate machinery. Skilled Labour: This involves labour like carpenter, dishwasher, typist and, toolmaker, etc. Unskilled Labour: Unskilled labour mainly involve those individual those who perform their work mainly with their hands. They mainly lack in skills and training that are required for tasks. Such current labour trends are disused below: Ageing Populations:This has been observed that in most of the country’s, population are ageing faster. Countries like Japan, United Kingdom, Germany and UShas predicted to recruit thin labour workforceupcoming 15 years because of fast aging of population. It further imposes threat upon recruitment process of hiring skilled and fresh and talented workers. However it has been evaluated that individuals with having talent and skills in some countries are hired, while some of the countries will encourage and support their citizen and labour force. Industry:It has been observed that nowadays fourth Industrial Revolution involved number of jobs and most of them are increasing at rapid rate on daily basis and are computerise. For instance there is a significant decrease in stores sales while this further gets replaced by moving services and streaming. It indicates that supplying channel ID change while demand of customers is not decreasing. Thus, it indicates that mode of supply of services and goods 2
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modified and upgraded that lead towards decrease in store staff number, but there is a corresponding increase in individual and labour for streaming entities. UKlabourmarkettrendshaveaimpactontheoverallHRprocessesfor organisation: Such as it can be said that there is a change of increase competitive intensity and because of globalisation there is a high pressure on the HR workforce to havediversityin their overall workforce. So there is complete change in the way recruitment policies have to be formed as there must not be similar backgrounds of all employees but they must be difference in the background so that there can be enough diversity that has to be created in the organisation. Along with new changes taking place in the Macro environment and the high pressure that is formed by the trade unions on human resource managers that they have to form timely policies for development and training sessions for their employees. So it has become very important for human resource managers that they have to make plans for such sessions that have to be taken place in weekly or in monthly manner. so that they can help in skill development and individual development of the existing workforce. The trend of globalisation is impacting the labour market of UK in such a manner that there is complete difference in the background of employees that a part of the overall culture of a company that is the domestic country to which originally a organisation belong and the employeesthatareworkingintheminvariouslocationsarecompletelydifferent. Strategic approaches of Human Resource Management and its impact: Strategic approach of Human Resource Management mainly involves wide range of action plan and policiesthrough which entity can aim towards efficientmanagementof employers in organisational workplace structure. In this it has evaluated that a systematic flow of system prevails in organisation which initiate from talent resources, in this performance of employeesareencouragewiththemethodofdevelopmentofopportunity,performance 3
appraisal, efficient process of selection and formation of job description. HR department aim towards hiring right individual and place them in rights position in organisation IncontextwithArgosHRmanagerisrequiredtoensurethatthereisaproper coordination in all the function as to increase performance and ensure maximum competitive advantage. Effective Labour market is termed as a platform in which employees and employers can have interactions within each other via face-to-face medium. It has been evaluated that employment trend are affecting job rates in different countries and domestic market. Human resource process and its impact in Economic composition: An organisation plays a significant aspect for an economy in which they conduct their business operations. By undertaking economical changes and abiding all the legislations and laws and entity can ensure their growth. However it has been determined that there are different fluctuations prices in United Kingdom market. This is mainly due to financial crisis in economy. Along with this Brexit also pose threat on United Kingdom economy which is having maximum capability to impact business operations in many aspects. Thus, stable economy is important for ensuring maximum competitive growth. While in terms of Argos it is essential for management to undertake advantage of strategies policies and economical practices in order to overcome industrial changes and hire experienced, skilled and potential influence in order to fulfil their business course. Current Market trend that are affecting Argos talent management Globalisation: There is a stiff competition in all around the world in which every organisation aim towards expanding their operations in international market.In this globalisation effectively assist entity to ensure more competitive advancements by increasing their market share. Along with this globalisation allow Argos to not only satisfy customers in different locations around the world but also hire skilled, talented and effective candidates. Demographic change: It indicates towards rise and decrease in population in any region or area within a country. This has been evaluated that if there is a higher level of population then there is automatically higher availability population. In addition with this according to the UK Government analysis majority of population in country are getting aged at faster rate, this can affect Argos as create obstacles for them to hire fresh talented employees. 4
P2. Various legal arrangements on company which consider workforce planning Legal laws and legislations are framed by government of a country that assist organisation to perform their operations in a legal and lawful manner as to promote uniformity. In this top management of company is having responsibility to formulate efficient strategies in order to ensure that entity abide all the necessary legal requirements. It further assist organisation to offer satisfaction to customers without being engage in any legal application and issues. Employment Rights Act, 1996 Employment right act mainly regulate Labour Day in United Kingdom, this act protect right of employees. In this Argo manager is required to make sure that this act prevails in organisational structure in which they protect right of employees as per according to regulatory standards in order to promote ethical working conditions. Equality Act, 2010 Equality act has been passed by Parliament that indicated towards protecting employees and further allows them to get treated in an equal manager in an organisation workplace structure. In this Argos Limited are required to make sure that all the individual get treated in an equal manner and do not get discriminated on any basis like colour, nationality, caste, religion etc. Health and Safety at Work Act, 1974 According to health and safety fact it is essential for employer to provide proper health and safety measures to employees in an effective manner. This is required to be abide by employers, suppliers, employees and more in order to promote healthy working in organisational premises. In this Argos limited is required to implement health and safety Act at workplace as to safeguard their employees from any legal consequences and offer them safe and secure environment that also increase overall revenue organisation at great extent. TASK 2 P3. Present worker market trends and legal requirements which include anticipated skills with an organisation Methods of Job analysis Interview Method: 5
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In according to this, it is essential for HR manager to Argos to ask certain questions to employees in context with problems, expectations and work performance that employees facing in entity. Observation Method: Argos Human resource manager have responsibility to effectively evaluate each and every employees performance with the assistance of techniques and tool like work method analysis, direct observation and incident technique. Questionnaire Method: In this Argos senior manager formed certain questions in the form of questionnaire as to evaluate their views and opinions. This method allows company to make significant increase in performance and productivity of employees. Methods of collecting data and information Primary Method- Within this mode, information get allocated from first hand measures that are not used anywhere. For these indirect interviews, questionnaire and direct interview method are included. Secondary Method- In this method sources like magazines,feedbacks,and computer database,existing filesand more is being undertaken by organization Job Design This is defined as a task frame or work design which is most important activity for HRM. It is mainly related with number of content and methods and further develop relation between job and organization, social requirements, personal requirements and technological. With the use of this method Argos aim towards increasing job satisfaction. To identify skills and abilities of employees in context to succession planning Succession planning can be referred to as a process through which an entity seeks to evaluate effective and potential individuals with an aim of filling the vacancies within the confines of the organisation. Besides this, this also works in accordance with the premise that states that experienced personnel would replace promoted and retired individuals. Thus, it becomesimportantfor therespectivecompanyto carryout succession planningfor the replacement of inefficient personnel with the efficient ones. In this regard, certain capabilities for management of talent and planning of workforce are discussed underneath:- 6
Current Skills- Communication skill: It is regarded important for the HR manager of Argos to make use of communication skills in order to carry out strong and meaningful interaction with the workforce. They need to possess written, oral and non verbal communication skills so that they can convey information to the employees in any form as per the requirements of the company. This leads to development of a culture whereby employees are free to express their views and opinions in front of others. In the absence of communication skills, conflicts may emerge that tend to affect the productivity of the company. Forecasting: Forecastingtermismainlyrelatedtothepredictionwhichsimplyspecifiesthe requirement of number of employees in the near future according to the dynamic environment. This estimation simply helps company in reducing wastage of resources, cost etc. that simply places influence over growth. This further supports HR manager of Argos in accomplishing their organisational growth and success rate. Anticipated Skills- Change management: Advance technology has brought range of benefits for the company. Here, it is important for HR manager of the company to developing such a environment where employees can easily perform their work in appropriate manner. This ultimately enhances their work efficiency in appropriate manner. Performance Management: Performance management is determined as the effective way through which HR manager of the company emphasizes on evaluating employees performance by monitoring their each and every activity so that they valuable rewards can be provided to them for motivating them. For example: In case of Argos there is requirement of a post of accountant for this there is requirement of certain skills that have to be compulsory present in employee that is related with having adequate bachelor's degree in finance and these are the basic requirements that have to be present in an employee. In case of prospective anticipated skills there will be requirement of effective communication skills for leading a team and another major requirement will be related with how 7
effectively change is able to be managed by search prospective employees apart from performing the finance function they have to perform such additional functions also in the organisation. Comparison between Argos and Waitrose & Partners Argos is the online retail company which is offering diversified products and services in UK and Ireland.Waitrose and Partners generates higher revenues as compared to Argos. Also Waitrose and Partners has more than 52,590 employees whereas Argos only has approximately 29,768 numbers of employees. TASK 3 P4. Illustration of job description and individual specification Person Specification Post:Accountant Department:Accounting AttributesEssentialDesirable Experience& Qualification CAdegree.Theexperienceof Accountantwithinarenowned corporation for at least 5 years. Experience in working with the Accounts department for at least 3 years. Skills or knowledgePresentation as well as analytical skillsalongwithknowledgeof accounting concepts and practices is essential. It is desired that the candidate shouldhavebasicMSExcel knowledge along with extensive knowledgeofaccountingasa whole subject. Job Description Job Details Post: Accountant 8
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Company: Argos Ltd. Job Purpose Maintenance of record of transactions taking place within the confines of the head office together with doing internal audit at rapid intervals of time for the timely identification of errors or frauds. Responsibilities and roles Evaluating IC to ascertain mis management or misappropriation of fund within the company. Identification and analysis of financial performance of the company along with devising future forecast. Person Specification PostMarketing manager DepartmentMarketing QualificationBachelors Degree in Commerce field. MBA with marketing as the subject of specialisation Skills RequiredTactical skills Interpersonal skills Presentation skills Team working ability Communication skills Experience3-5 years of experience in working as a marketing manager within a top company. Job Description Company: Argos Ltd. 9
Job Details Post: Marketing manager Company: Argos Ltd. Job Purpose Promotion of the products and services of the company for the purpose of development of strong customer relation and assurance of long term business continuity in market place. Roles & Responsibilities Development of promotional and advertising strategies to capture the attention of large number of individuals at market place. Development of strategies for development of strong customer relations. Creating and implementing appealing branding strategies that can help the entity in increasing its customer retention rates. Developing appealing and lucrative content for marketing to ensure business continuity for the long run. P5. Various applications of recruitment and selection Internal Recruitment:Hereby, a company offers opportunity to its workforce to get elevated by being allotted a new job position indicating higher roles and responsibilities. This serves as a cost saving method of recruitment for the company. External Recruitment:This is a method whereby totally new candidates are hired for filling the vacancies available within the company. Argos makes use of this approach to have access to a larger pool of skilled and competent candidates. Some of the ways of external recruitment are explained beneath. Interview:It act as a prominent method of recruiting candidates whereby interviewers makes few enquiries from the candidates to check the suitability of their personality for the company’s position against a number of grounds. Written Test:Through this, the concerned entity is able to assess the efficiency as well as performance of individuals applying for the job post. Hereby, they are asked questions of subjects such asmaths, reasoning and technical 10
There are some selection and recruitment methods that can be used for the purpose of getting talent in our Argos: 1)Online screening: Online screening is a very effective method in which there Can be submission of application based on the job advertisement that is done by Argos according to the vacant positions in their organisation. According to search submission of application there can be screening of the rejected application and further such selected applications can be sent to the second round of interview and personal interactions with the head of department for the purpose of selection of an Eligible Candidate. 2)Interview: Structure interviews are one of the effective type of interview that is related with the interview process form with the help of identification of key requirements in a job and further a list of questions are prepared. There is a panel of interview that will be involved in Argos those who will go through all the selected applicants from the online applications and there will be two personal rounds of interview that will take place in case of every vacant position. 3)Aptitude test: After there will be first round of interview second round of test will be related with the testing of Intelligence level of organisation it is going to test about the General Intelligence numerical ability clerical ability mechanical ability special ability verbal ability and sensory Ability of a particular candidate. After there has been completion of this test there will be scores based on which employee will be passed on to the next interview rounds and there will be for the final decision related to selection on selection of a employee. 11
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TASK 4 P6.Examine various stages of HR life-cycle There are five stages of HR life cycle which are explored below. Selection and Recruitment:It is concerned with collecting CV or resume of candidates as a result of which company can recruit suitable candidate for the post.Selection and recruitment stage is there is evaluation of a employee in a detailed manner according to the present level of potential and competence. The stage is very effective and helps in taking of only thequalifiedandcompetentcandidatewhoisabletoperformtherequiredrolesand responsibilities in case of Argo it is one of the major functions that will help in deciding the overall quality of their work force. Orientation:This is concerned with developing knowledge of the work premise and personnel in the newlyjoined candidate.An employee has been selected orientation is the next step that help a employee in getting familiar to the workplace and this function in our goes will help their newly selected employee to understand their overall job roles and responsibilities this is the initial stages where employees effectiveness can be tested. Career planning and performance management:This is concerned with stipulation of empowermentopportunitiestocandidatesforfacilitatingtheirprofessionaldevelopment. Further, the HR manager of Argos also needs to focus over evaluation of employee performance. This function is concerned with providing various developmental opportunities related to the key Areas where employee is not able to perform the assigned job roles. It helps in increasing the effectiveness of a particular employee towards their assigned roles and also in their individual development which is going to help them in future career prospects. Succession Planning:This stage is concerned with the replacement of inefficient employees with the efficient ones to enhancemarket positioning and ensure business continuity. Succession planning is related with all the employees who are not able to contribute effectively to the organisation so that only those employees who are qualified enough can be retained for a long term in the organisation. 12
Exit:Hereby, the HR is responsible for managing procedure of worker’s exit from the company.This is a very important function in Argos as it will help in dealing with all the ineffective employees who are adding extra cost to the organisation. P7. Examine the stages of HR life-cycle within organization It is highly important for human resource department of business organisation to make use of HR life cycle in order to align overall organisationalwork in systematicmanner and attain organisational goals and objectives in quicker manner. All of these stages are specified as below: First stage: This is the very first stage in which HR manager is responsible for developing strategies associated with the recruitment and selection procedure with the motive of selecting talented employees. Second stage: In this stage, HR manager of Argos must emphasise on developing positive relationship with employees. For this, they conduct induction program where employees get aware about organisational vision, mission and objectives and the specific towards the way through which they can be accomplished are explained to employees. Third Stage: In this, main focus of HR manager is to evaluate employees performance so that requirement for training and development session can be identified which further contributes in improvement of organisational productivity. Fourth Stage: In the fourth stage, HR manager of Argos develops appropriate norms and polices which includes benefits for employees in terms of rewards with the motive of sustaining employees longer within the company. Last Stage: This is mainly acknowledged as the last stage of HR life cycle in which HR manager of Argos focuses on developing effective database of its employees which is further used by them at the time of terminating employees at the time of their retirements or other reasons. HR life cycle 13
HR life cycle is mainly consisting of several steps as well as stages that supports business organisation in accomplishing their predefined growth rate along with the sustainability.All of them are specified as below: Recruitment and selection: This stage simply states that HR manager of the Argos takes several initiatives for bringing effective and skilled workforce within the company. For this advertisement has been placed with the motive of attracting maximum number of employees towards them in appropriate manner. Orientation: Here, HR manager of Argos conducts orientation for creating familiarity between employees and company and also convey them mandatory information in appropriate manner. Career planning and performance management: At this stage, HR manager of Argos emphasizes on growing employees by simply conducting few training and development sessions for them which further helps them out in accomplishing organisational goals and objectives. Succession Planning: Here, skilled employees are hired by the HR manager of Argos for maximising their productivity and accomplishing organisational goals and objectives. Exit: This is last stage which is highly associated with the overall management prices of entry andexit.Thissimplystatesthathoworganisationalimitativesupportscompanyinthe enhancement of organisational opportunity which leads to attainment of success. Alignment of HR strategy with Argos business strategy: The overall strategy of our course is to maximize the human resource life cycle so that organisation work can take place in a more systematic manner. Also related with different functions such as recruiting employees from identification of major Areas where qualified employees can be selected after selection of employees making proper orientation so that there can be timely career development opportunities that will be provided to employee and their performance can be managed. So there is always a alignment of the overall objectives of organisation to have a structural approach towards hiring of employees and retaining them for a 14
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longer duration of time that has to be implemented in each stage of human resource life cycle. 15
CONCLUSION On the basis of above discussion, it can be said that resource and talent planning is concerned with the management of workforce in an effective manner so as to hire skilled and competent candidates who are capable of executing the tasks and activities of a company. Besides this, there are several laws that need to be followed by a company in order to restrain themselves from being dragged into legal consequences. Apart from this, it is essential that the entitymakesuse of job analysisfor recruitmentand selectionof candidatesasper the requirements of the corporation. By taking into account strong and effective policies and strategies, organisations are capable of meeting their goals and objective in due course of time. 16
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