This presentation provides a detailed analysis of Human Resource Management (HRM) strategies, focusing on both external and internal factors that influence these strategies. It examines political, economic, social, technological, legal, and environmental (PESTLE) factors as external influences and explores internal elements such as organizational culture, objectives, and employee considerations. The presentation also covers the approaches and considerations in formulating HRM strategies, including discussions on vertical and horizontal alignment, and workforce planning. Furthermore, it outlines key HRM strategies for achieving organizational objectives, addresses long-term skills shortages, and considers HRM's role in re-engaging the workforce post-pandemic, with innovative recruitment and retention approaches. The analysis includes application to TESCO, illustrating how a global retailer manages its HRM strategies.
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