Strategic Human Resource Management: Analysis and Application

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Added on  2023/04/23

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This report provides a comprehensive overview of Strategic Human Resource Management (SHRM), its nature, and its importance in organizations. It defines SHRM and discusses its features, including its long-term focus, association with goal setting, and integration with business approaches. Various HRM models, such as the contingency model, best practice model, Harvard Framework, and Guest’s Model, are examined. The report details the activities of HRM, including recruitment, training, performance appraisals, and motivation, and explores how SHRM can be linked with other departments to ensure smooth organizational functioning. It assesses the role and purpose of organizational and HRM strategies, highlighting the benefits of linking them and their impact on organizational performance. Furthermore, the report analyzes business factors, such as growth in business, labor market competition, and technological impact, and determines human resource requirements, considering factors like organizational structure, skill levels, and compliance with regulations. The report concludes by outlining preliminary HR requirements for UrPhone4Everything®, including the need for trained installation staff and sourcing workers from countries with high skill levels and low labor costs.
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STRATEGIC HUMAN RESOURCE
MANAGEMENT
Submitted by:
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Nature of Strategic HRM
Long Term Focus- As business approaches have a long-term
direction, so aim of SHRM is also continuing in nature.
Associated with goal setting- It is largely associated with
establishment of goals, policy and delegation of assets at top
level administration
Interwoven with business approaches- There is link amongst
business approaches and SHRM
Helps in developing corporate eminence- SHRM considers
workforce as imperative future of an organization and based on
that it differentiates the organization from its competitors
(Gratton., Hailey., Stiles and Truss 1999).
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Importance of SHRM
Helps in identification, prioritization and
exploitation of opportunities.
Provides equitable outlook of management
concerns
Permits vital decision to guide determined
purposes
Helps in efficacious delegation of time and assets
in order to identify opportunities
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Features of HRM approach
Primary feature of HRM is to explore and improve the expertise of resources working in an
organization and help in improving quality, efficaciousness, productivities and fulfilment. HRM
helps to solve problem or disagreements which the staffs face and helps to maintain
discipline.
Models of HRM
Contingency model: It states that there is no defined manner of guiding a
firm as the model which is efficacious in one circumstance may not be useful
in other. Hence, suitable model to be utilized depends on circumstance being
encountered which also relies on the internal and external barriers.
The best practice model: the model states to recognize suitable approach,
gain engagement from top level, execute suitable approach and then create
standard for recognizing employees.
Harvard Framework: It states that HR standards are influenced by
situational attributes and stakeholder interests. It also emphasize that
managers can influence different aspects by the procedures they select which
involves 4 Cs namely competence, congruence, commitment and cost-
effectiveness.
Guest’s Model: It emphasizes on six elements which are HRM approach,
HRM exercises, HRM results, behavioral consequences, performance results
and financial results.
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Activities of HRM
Selection and recruitment- It is associated with the recruitment of workforce
Training and Development- It helps in arranging for skill development of the
workforce
Human Resource Planning- The main functions of HRP are anticipating future and
avoid predicted problems.
Performance Appraisals- It helps in taking decisions related to transfer and
promotion of workforce in a firm.
Motivation- It helps in motivating the human resources of the organization.
Health, safety and security- It helps in ensuring the promotion of safety and
security in the workplace and ensuring good health of the employees.
Wage and salary administration- It helps in administration of the wages and salary
and in turn motivating them.
Job Analysis- It helps in providing knowledge regarding manpower planning.
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Ways to add value to UrPhone4Everything®
Offering top quality products to the customers.
Increasing the delivery and installation speed of the
products
Providing additional expert service to the
customers
Improving customer service of the products
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Linking SHRM with other departments
In order to ensure smooth functioning of
UrPhone4Everything® , strategic human resource
management should be effectively linked with other
departments or functional units. SHRM can be linked
with other units by aligning goals of strategic human
resource management with strategic goals of other
departments of UrPhone4Everything® .
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Role and purpose of:
Organizational strategy- The main role and
purpose of organizational strategy is to attain
continued objectives of a firm by undertaking
multiple actions.
HRM strategy- The main role and purpose of
HRM strategy is to integrate culture, employees
and system of an organization by coordinating
set of actions to achieve business goals.
Benefits of HRM strategy to
UrPhone4Everything® :
Helps in evaluating HR policies
Improves team building activities
Helps in monitoring progress of the
organization
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Benefits of linking organizational strategy and HR
strategy
Strategic alignment of HR
Effective training and development strategy
Effective selection and recruitment strategy
Delivering the strategy
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Relationship between HRM and
organizational performance
Strategic HRM activities (recruitment and selection,
training and development and compensation and
rewards) are directly related with firm’s
performance as practices adopted by the
organizations enhances the performance of an
organization.
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HRM influence on organizational strategy
As opined by Lawler and Mohrman (2003) HR departments have
greater specific, dynamic responsibility in firms and HR approach
influences bottom level. Also, human resources strategy includes
forming executive leadership teams to improve integral objectives for
workforce and entire firm.
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Organizational strategy influence on HRM strategy
The HRM strategy and practices which are adopted by
an organization are highly influenced by overall
organizational strategy as nature and objectives
determines the scope of HRM strategy and practices.
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