Management of Human Resources: HR Strategic Plan for Woolworths Report

This report provides a comprehensive analysis of the Human Resource (HR) strategic plan for Woolworths, a major Australian retailer. It begins with an overview of the HR strategic plan, followed by an examination of the company's business strategic plan, including its aim to leverage technology for growth. The report conducts an environmental analysis, identifying strengths, weaknesses, opportunities, and threats. It then delves into future labor skills, the role of technology, and legal requirements. Part B of the report focuses on the HR implementation strategic plan, outlining strategic objectives, cost-benefit analysis, and technology integration. It further details the strategic human resources plan and a risk management plan, concluding with a list of references and bibliography. The report highlights the importance of adapting to technological advancements and managing potential risks within the HR framework to ensure Woolworths' continued success.

Running head: MANAGEMENT
Management of Human resources
Name of the student
Name of the university
Author Note:

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Table of Contents
Part A.........................................................................................................................................3
HR Strategic Plan...................................................................................................................3
Business Strategic Plan..........................................................................................................3
Environmental Analysis.........................................................................................................3
Future Labour Skills...............................................................................................................4
Technology.............................................................................................................................4
Legal Requirements...............................................................................................................5
Part B..........................................................................................................................................5
Human Resource Implementation Strategic Plan..................................................................5
Strategic Objectives and Targets............................................................................................5
Cost and Benefits...................................................................................................................6
Technology.............................................................................................................................6
Strategic Human Resources Plan...........................................................................................7
Risk Management Plan..........................................................................................................7
References and Bibliography.....................................................................................................8

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Part A
HR Strategic Plan
Human Resource is one of the most crucial elements in the maintenance of the
business operations in a business organization. The Human Resource is a large process that
involves the selection of the right strategies and the right people along with the selection of
the right people to ensure success (Abe and Abe 2019). The establishment plan of the HR
management involves the selection of the best strategy to ensure success. The report here has
presented a great view of the Human Resource Strategic Plan of Woolworths. The company
has been aiming to develop a strategy that can help the management to develop their business
growth and sustainability.
Business Strategic Plan
Woolworths has been one of the largest retailers of Australia and the company has
been in line with the development policy to attract more customers and gain major market
share in Australia. According to, the Human Resource strategy of the organization is
concerned with the selection and employment of the best talents in the retail sector and
manages the daily activities involving the employees (Holbeche 2018). However, the
development and increase in the pace of the new technology, the company has planned to
develop a totally new business strategy that can help them to implement high level
technology in the business. The new strategy will enhance the organization to address new
challenges of the modern days.
Environmental Analysis
The environmental analysis of the organizations involves the likes of the internal
analysis of the company to determine the strengths, weakness, opportunities and business
threats f the organization. The analysis is provided below;

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STRENGTHS OPPORTUNITIES
 Market leader
 Management of business perceptions
 Great employee policies
 Strong promotional activities
 Focus on technology
 Digitalized platforms
WEAKNSSESS THREATS
 Absence of technological updates
 Absence of proper positioning
 Competition in the market from
Coles and online platforms
 Increase of technological upgrades
Future Labour Skills
The major purpose for the management of Woolworths given the current scenario is
the development of the necessary skills among the employees to make them experts to
address the needs of the technological management in the stores. The major strategy of the
company is to improve e their core services and ensure that customers are their first priority,
secondly innovation is another major purpose which is an important area of growth.
Therefore the business management needs to develop the skills of the employees and make
them experts to handle the major technological challenges.
Technology
The new technology and the enhancement of the different customer analytics is one of
the major elements that needs to be undertaken by the management of Woolworths for
enabling a new era of business growth (Lai et al. 2016). A number of major changes are
being planned by the management of the business to ensure business growth through the use
of technology.The major technological factors include the likes of;

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a. Formation of a customer insight tool
b. Launch of new Woolworth feedback application on digital platforms
c. Launch of digitalized payment gateways
d. Online applications for selling products
Legal Requirements
The development of technology has surely been the most productive development for
the business organizations in the recent decade. However, the absence of a proper control
over these technologies has led to many minor to major issues (Holbeche 2018). Therefore
the technological development off Woolworths must abide by all the cybercrime rules and
cyber security processes to ensure safety of the customers. The company must follow the
cyber security rules of the business in Australia to develop and implement their new
application.
Part B
Human Resource Implementation Strategic Plan
Strategic Objectives and Targets
The major strategic objectives of the Human resource Planning includes the likes of;
a. Proving information- The providence of information to all the employees of the
company is one of the major tasks of the HR department of Woolworths. It is
important for the organization to ensure success through business information sharing.
The sharing of business information also helps in the development of the decision
making process.
b. Effective utilization of Human Resource Strategies- The effective utilization of the
HR strategies to develop the technology can ensure business success. The utilization

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of the HR resources helps the management to ensure the best resources in the most
efficient manner.
c. Effective change management- The change management process must also be
addressed to all the employees to ensure a smooth implementation of the change
management process.
d. Determination of manpower gap- The management of the manpower gap can ensure
success. The better the HR determines the manpower gap, the better will be the
success of the business enterprise.
Cost and Benefits
The cost and benefits of the business organization includes the likes of the;
Resources Cost
 Human Resources $4000000
 Technological changes $2500000
 Digital based changes $1200000
 Performance development $500000
TOTAL $8200000
Technology
The technological changes and their implementation in the business is one of the most
important aspects of the new HR strategy based on the business objectives. The management
of the business needs to ensure the future sustainability of the organization in the market. The
different technologies that will be implemented include the likes of the new payment
gateways, formation of new online applications, development of digital based platforms to
facilitate easy selling.

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Strategic Human Resources Plan
The strategic human resources planning are important for the management of
Woolworths because of the importance of business success. The strategic human resource
planning will help the management of the business to ensure a better success for the business
organization. The new system of the organization will include the likes of;
 New technological systems
 New technological processes
 New technological policies and sources
 Sourcing of people
 Performance Development plans
Risk Management Plan
Some of the major risks that must be addressed by the management of the company
include the likes of;
a. Financial Risk
b. Human Resource skills risk
c. Technological implementation risk
d. Business risks

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References and Bibliography
Abe, I.I. and Abe, E.N., 2019. Dynamics of Human Resource Strategies and Cultural
Orientations in Multinational Corporations. In Contemporary Multicultural
Orientations and Practices for Global Leadership (pp. 80-99). IGI Global.
Hatipoglu, B., 2019. The use of publicly available information for human capital analysis:
case of three Australian companies. Vie sciences de l'entreprise, (1), pp.119-137.
Holbeche, L., 2018. The agile organization: How to build an engaged, innovative and
resilient business. Kogan Page Publishers.
Lai, Y., Saridakis, G., Blackburn, R. and Johnstone, S., 2016. Are the HR responses of small
firms different from large firms in times of recession?. Journal of Business
Venturing, 31(1), pp.113-131.
Morioka, S.N., Evans, S. and De Carvalho, M.M., 2016. Sustainable business model
innovation: Exploring evidences in sustainability reporting. Procedia Cirp, 40,
pp.659-667.
Nakandala, D. and Lau, H.C., 2019. Innovative adoption of hybrid supply chain strategies in
urban local fresh food supply chain. Supply Chain Management: An International
Journal.
Ngwakwe, C.C., 2017. Corporate Health and Safety Disclosure and Sales Revenue
Growth. The Journal of Accounting and Management, 7(2).
Woolworths.com.au. (2020). Woolworths Supermarket - Buy Groceries Online. [online]
Available at: https://www.woolworths.com.au/ [Accessed 20 Feb. 2020].