Strategic Human Resources Management: Analysis Report - Unit 21

This report delves into the realm of strategic human resource management (HRM), examining its crucial role within organizations. It begins by identifying current trends and developments influencing HR strategies, such as workplace diversity, globalization's impact, changing skill requirements, and the importance of continuous improvement, using Tesco as a case study. The report then analyzes internal and external factors that shape HR strategies, including organizational culture, mission, structure, government regulations, economic environments, and emerging industries. It then provides critical evaluations of these factors, applying relevant theories and models, such as the PESTEL analysis. Furthermore, the report explores relevant conceptual theories related to the development and growth of strategic HRM, like the resource-based view. The report proceeds to discuss change management models that support HR strategies, providing justifications for their application and analyzing their benefits and drawbacks. Finally, it addresses measuring and monitoring HR outcomes, evaluating effective development and management to support sustainable performance and growth, and offering suggestions for HR development techniques, along with the contribution of monitoring and evaluation techniques in sustainable performance and growth.