Strategic Human Resource Management

Strategic Human Resource
Management

Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
P1 Current developments and trends that are influencing the HR strategy for a business
organisation..................................................................................................................................1
P2 External environment and internal environment factors influencing HR strategy.................2
TASK 2............................................................................................................................................4
P3 Growth in strategic HRM with the help of some important concepts and theories...............4
TASK 3............................................................................................................................................5
P4 Role of change management models in assisting HR strategy...............................................5
TASK 4............................................................................................................................................7
P5 Evaluating and measuring HR outcomes in the organisational context.................................7
P6 Evaluation of how effective management of HR helps in deriving a sustainable business
performance and attain objectives and goals of the organisation................................................8
CONCLUSION................................................................................................................................9
REFERENCES..............................................................................................................................10

INTRODUCTION
Strategic HRM can be defined as the process of managing employees and workforce of an
organisation in a manner which is consistent with the organisational goals, objectives and
strategy (Sparrow, 2016). TESCO Ltd. is a chain of grocery supermarkets which was founded in
the year 1919 by Jack Cohen and the headquarters of the company are located at Welwyn Garden
City, United Kingdom (TESCO Company Profile, 2004). The following report aims at analysing
key trends and development along with external as well as internal factors that influence strategic
HRM. The report also attempts to identify the development of strategic HRM concepts and the
importance of change management models. At last, the report evaluates outcomes of HR
management and the relevance of HR management in attaining business objectives and goals.
TASK 1
P1 Current developments and trends that are influencing the HR strategy for a business
organisation.
In light of the rapidly changing business environment, effectiveness in managing human
resource and its strategy determines the competitiveness of the company in the industry and
every major trend or development in the industry has a wide influence on the strategy for
managing HR of an organisation. The human resource management of TESCO Ltd. has
established a holistic approach for evolving HR strategy with respect to latest trends and
developments which are being discussed as follows:
Globalisation: Globalisation has allowed free movement of goods, capital and labour
beyond the national boundaries of a country which has increased the extent of competition within
every industry. Partnerships with international companies or agencies have increased and the
demand for a high quality of customer service has become more prominent. This trends has had a
major implication or influence on HR strategy within every organisation (Brewster, Smale and
Mayrhofer, 2017). Development of a workforce which can work in harmony in the global
competitive and dynamic environment has become the focus of HR Strategy within every
organisation. The management of TESCO Ltd. focuses on developing skills and knowledge in
the workforce that are essential for functioning in a global business environment.
Diversity at workplace: With the realisation of importance of promoting diversity and
equality at workplace, organisations have made efforts to develop a workforce with distinct
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