Strategic HRM: Macro, Micro Environment Analysis & Plan for Deloitte

This report provides a comprehensive analysis of strategic human resource management (HRM) within Deloitte, focusing on the influence of the macro environment, internal capabilities, and competitive forces. It applies various frameworks such as PESTLE and SWOT to assess external and internal factors impacting Deloitte's strategies. The report evaluates competitive dynamics using Porter's Five Forces and proposes strategies to enhance competitive advantages and market position. Furthermore, it interprets strategic planning models and theories relevant to Deloitte, culminating in a strategic management plan with tangible objectives. The analysis aims to provide insights into how Deloitte can leverage HRM to achieve its business goals, enhance customer base, and strengthen its brand value in the market. Desklib provides this assignment as a resource, among many others, to aid students in their studies.

Human resource
management

Table of Contents
INTRODUCTION...........................................................................................................................3
TASK 1............................................................................................................................................3
P1. Application of Frameworks to analyse the influence of macro environment on Deloitte
and its strategies.....................................................................................................................3
M1. Critical analysis of macro environment to determine and inform strategic management
decisions.................................................................................................................................7
TASK 2............................................................................................................................................7
P2. Analysis of internal environment and capabilities of Deloitte by using the frameworks 7
M2. Critical evaluation of internal environment to assess the strengths and weaknesses of
organisation’s internal capabilities.........................................................................................9
TASK 3............................................................................................................................................9
P3. Evaluation of competitive forces by using framework of Porter's Five forces................9
M3. Devise appropriate strategies to improve competitive edges and market position based on
customers..............................................................................................................................10
TASK 4..........................................................................................................................................11
P4. Application of theories and models along with interpreting strategic planning for Deloitte
..............................................................................................................................................11
M4. Produce a strategic management plan that has tangible and tactical strategic priorities and
objectives..............................................................................................................................12
CONCLUSION..............................................................................................................................12
REFERENCES..............................................................................................................................14

INTRODUCTION
Human resource management is a function within an organisation that helps in managing the
human resources of a company. It is concerned with manpower retentions of an organisation
with a purpose of improving productive contribution of employees. Within present portfolio, the
chosen organisation is BMW which is a Germany-based automobile company. Managers of
BMW use HRM strategy because it helps them in sustaining their business in competitive
environment. The company use this process to promote friendly and morale working
relationships among its employees for attaining the goals of organisation. Strategic HRM offers a
framework that links management of people with development practices to meet the long-term
objectives of organisation. Within present report, current trends and developments that
influences the HR strategy of an organisation is determined. Analysis of external as well as
internal factor is going to be conducted that influences HR strategy and practice. In this existing
portfolio, application of theories of HR development and concepts that are related to growth of
strategic HRM in context to organisation will also be consider.
TASK 1

P1. Application of Frameworks to analyse the influence of macro environment on Deloitte and
its strategies
TASK 2
P2. Analysis of internal environment and capabilities of Deloitte by using the frameworks
TASK 3
P3. Evaluation of competitive forces by using framework of Porter's Five forces
CONCLUSION
From above explanation, it is concluded that strategic management plan is concerned
with planning as well as monitoring business activities to meet goals of organisation. Business
strategy helps a firm in attaining the growth of its business by gaining competitive advantage. In
this report, various frameworks are used to analyse the macro environment factors that impacts
functioning of business. Different models and strategic tools that helps organisation in analysing
the internal environment and capabilities are also discussed in present portfolio. These models
help Deloitte in enjoying competitive benefits and taking its business to next level by
differentiating its services or lowering down the cost of services. All the discussed frameworks
within the report helps the company in enhancing its customer-base and its brand value in the
market.

REFERENCES
Books and Journals