This report, prepared for an HRM 325 assessment, provides a comprehensive analysis of Strategic Human Resource Management (SHRM) and employment relations. It begins with an executive summary emphasizing the importance of human capital in organizations, followed by an introduction that discusses the alignment of business and HR strategies. Task 1 explores the relationship between business strategy and HR strategy, including vertical alignment and horizontal integration. It then delves into SHRM theoretical perspectives, such as the Universalist (Best-Practice), Contingency (Best-Fit), and Resource Based View (RBV) models. The report also examines performance management systems and their role in organizational development, offering recommendations for enhancing employee performance. Task 2 focuses on employee relations, exploring its nature and theoretical perspectives, including unitary, pluralistic, and Marxist viewpoints. It identifies key actors within the employment relationship and discusses mechanisms for employee participation and voice. The report concludes with a synthesis of key findings and a comprehensive bibliography. This report is a valuable resource for students studying HRM, providing insights into the core concepts and practices of SHRM and employment relations.
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