University HR Strategy Case Study: Reflective Assessment 1 Analysis
VerifiedAdded on  2022/08/20
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This report presents a reflective assessment of the Aztek Financial Services HR strategy, examining the challenges faced by the company. The assessment highlights issues such as high employee turnover, poor communication between management and staff, lack of performance management, and poor leadership. The report analyzes the external business environment, including political situations, legal and regulatory impositions, and stringent employment legislations, and their effects on organizational operations. It emphasizes the pivotal role of HR management in empowering employees and supporting management in achieving common interests. The analysis draws on various academic sources to support the observations and suggests that the HR department must mitigate issues in the business situation through reviewing employment-based legislations, developing policies to adhere to compensation and other regulations, and elevating communication practices between employees and management for identifying and resolving issues. The report concludes by emphasizing the importance of HR in balancing the interests of shareholders and stakeholders while improving employee satisfaction and organizational performance.
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