Current Trends and Developments in HR Strategy for Tesco

UNIT 21 - STRATEGIC
HUMAN RESOURCE
MANAGEMENT

TABLE OF CONTENT
INTRODUCTION...........................................................................................................................3
Current trends and developments that influence an organization’s HR strategy.........................3
Both external and internal factors influence HR strategy and practice.......................................4
Theories and concepts relating to the growth and development of strategic HRM.....................6
Change management models support HR strategy......................................................................7
HR outcomes can be monitored and measured............................................................................8
Effective HR management and development can support sustainable performance and growth
...................................................................................................................................................10
CONCLUSION..............................................................................................................................11
REFERENCES..............................................................................................................................12

INTRODUCTION
Human resource is a very important department in an organization so that the internal
factors and standards of the company can be maintained. There has to be good hiring and
maintenance of the employees of the organization so that there is going to be effective working
of the company in the market. Tesco is belonging from retailing industry which is having its
headquarters in London and has been operating since 1919. The company is having more than
450,000 employees in the organization and is serving worldwide which is a great factor for the
organization. The report is going to consist of the external and internal factors which are
impacting the practices of human resource so that there are going to be effective strategies and
measures which the organization can take in the market. There are also a lot of trends and
changes coming in which requires the measures and theories to be changed in the organization so
that there would be higher performance. There has to be good monitoring and control on the
workforce of the organization so that there is going to be effective changes and productivity and
operations of the organization can increase so that the profitability can also improve.
Current trends and developments that influence an organization’s HR strategy
Tesco is having a lot of technological changes since they are belonging from the retailing
industry and the organization wants to expand them in India which is a great competitive factor
which the company can gain. There are a lot of changes which have come in the retailing
industry and since India is having a lot of competition in the country already therefore it is
important for the organization to be able to make the right decisions which is going to make the
company have a strong base for themselves (Rehman and et.al., 2020). India is a developing
country which is why the organization must expand them which would make the market share
and profitability of the company increase rapidly.
 Paid time
There are laws and regulations which are for the employees which means that they have to be
paid according to the working hours they are putting in the organization which is going to reflect

on the satisfaction level of them as well. The employees are going to be motivated and the
costing is going to be good for Tesco as well which is going to make the profitability increase.
 Recruitment
The quality of the products and services has to be maintained in the organization so that the
organization will be able to have a higher market share rapidly. The trends of recruitment are
also changing and to be able to expand in India the company will have to hire potential
employees so that there is going to be effective working which would be present.
 Variable bonuses
The employees are demanding for bonuses and incentives so that they can make the company
have well satisfied workforce so that the profitability of the organization can be present and
compete with the other competitors. The culture of Tesco is going to get impacted because of
this HR strategies so that there is going to be making the organization have changes which
employees might not be ready for. The efficiency in the operations in India is going to reduce
which may impact the competition in the market so that there is going to be better bonuses and
incentives for the employees (Jalloh and Jalloh, 2016).
 Workplace diversity
There are a lot of opportunities which Tesco can have in India since the laws and regulations
in the country are going to have all types of community opportunity in the country. The
strategies of HR in the country will have to be moulded according to the cultural values and
beliefs and the background of the employees as well so that the company does not have any
negative impact on the profit margins. There are a lot of policies as well which are going to get
impacted and the costing of the company is also going to changes which needs to be adopted by
the organization so that there is going to be effective working which would be present.
Both external and internal factors influence HR strategy and practice
The human resource has to work according to the internal factors and external factors
which is going to have a great influence on the working of HR in any organization. There are a