Importance of HRM in Achieving Business Objectives - A Case Study of Tesco

UNIT 3

Table of Contents
INTRODUCTION ...............................................................................................................................3
PART 1 .................................................................................................................................................3
TASK 1 ................................................................................................................................................3
P1 Discuss purpose and functions of HRM ....................................................................................3
P2 Examine strength & Weakness different methods of recruitment and selection .......................4
M1 Analyse functions of HRM to meet business objectives ..........................................................5
M2 strength & weakness of approaches..........................................................................................5
D1 Evaluate strength & weakness different approaches of recruitment & selection of several
methods ...........................................................................................................................................6
TASK 2.................................................................................................................................................6
P3 Critically discuss benefits of HRM practices ............................................................................6
P4 Analyse effectiveness of HRM practices in organisation context .............................................7
M3 Various approaches of HRM practices......................................................................................7
D2 States evaluation of practices of HRM & application ..............................................................8
PART 2..................................................................................................................................................8
TASK 3 ................................................................................................................................................8
P5 Explain importance of employee relations in regards of influencing HRM decision making 8
P6 Identify components of employment legislation & effect upon HRM decision making ..........9
TASK 4 ..............................................................................................................................................10
P7 Analyse application of HRM practices....................................................................................10
M5 State rationale for application of specific HRM practices ......................................................11
D3 Examine & analyse employee relations & application of HRM practices & influence
decisions making in enterprise ......................................................................................................11
CONCLUSION..................................................................................................................................12
REFERENCES...................................................................................................................................13
Books & Journal:...........................................................................................................................13

INTRODUCTION
In organisation, human resource management play important role in development of
business. Human resource management is to be defined as process of managing and maintaining
people to achieve better performance (Ameh, 2017). Main aim is to understand the importance of
human resource management within business perspectives. Tesco, a multinational retailing firm
headquartered in United Kingdom. Firm is located at global scale & has number of competitors
such as Walmart, Sainsbury, Asda etc. Main vision of firm is to be global leader in retailing
industry, mission is to deliver higher satisfaction level to customers. Their business core objectives
are to provide quality of services so that goodwill increases, to solve customer problems and many
more. This report consists of purpose and functions of HRM, strength & weakness of methods
advantages of HRM practices, effectiveness of different HRM practices, importance of employee
relation, elements of employment legislation, application of human resource management practices.
PART 1
TASK 1
P1 Discuss purpose and functions of HRM
In business and organisation, human resource play important role as it help in achieving
of strategic objectives & goals. In context of Tesco, they have large number of skilled employees
they have effective HR manager who has ability to increase business efficiency level. There are
various types of objectives of HRM which are discussed as follows-
 To generate new skilled workforce in business.
 To implement effective strategy in order to achieve higher competency level.
 To develop organisational goals and accomplish them within time interval (Aust, 2020).
Functions of HRM
Recruitment and selection
It is first most important function of HRM in which their work is to hire & select the
employees or workforce for increasing hire productivity in company. In relation of Tesco, HR
manager of firm managed and hires the talent through both online & offline (Gope, 2018). Both
these recruitment and selection is being carried out through using various types of tools and
techniques.
Performance management
It is another crucial function of HRM in which main work is to increase the performance
level of business as well as employees in order to obtain better results. By managing performance

management, HR is able to deliver positive outcomes at workplace. Manager of chosen firm make
assure that performance management is being properly determine so that strategies are implemented
accordingly (Han, 2019).
P2 Examine strength & Weakness different methods of recruitment and selection
In enterprise, recruitment as well as selection is essential function which is performed by
human resource in effective manner. Tesco human resource manager recruit & select candidates for
vacant jobs so that objectives of firm are achieved within time period. Further, it is seen that these
this function have deep impact on business activities. These are discussed as follows-
Recruitment
It is to be defined as process of identifying, selecting, short listing of deserving candidates
with aim to fulfil objectives of firm (Cooke, 2017). In reference of Tesco, human resource of
company follow this functions as there are two ways of recruitment-
Internal recruitment
It is way of recruitment in which hiring and recruitment is being carried out through internal
sources or references.
Strength
Strength of internal recruitment is that it is easy and less time consuming to use this
approach.
Weakness
Due to internal sources, chances of biasness is high which leads to problem as well as
conflicts (Dominique-Ferreira, 2021).
External recruitment
It is approach in which recruitment is done through outside the company. External
recruitment is being done through accessing to job portals like LinkedIn, hiring agencies, third
parties etc.
Strength
Main strength of this method is that it is a beneficial for organisations they are able to
pooled better quality of candidates. In relation of Tesco, they use external recruitment as HR of
company uses their firm website & other methods for hiring.
Weakness
Main weakness of this method is that it is cost expensive as compared to internal source of
firm.
Selection
It refers to selection of deserving candidates on relying on their ability to deliver better