HRM Theory and Practices to Resolve Tesco's Challenges

This report analyzes the application of HRM theory and practices within Tesco, emphasizing the strategic contingency theory. It explores how HR metrics such as cost per hire, early turnover, and revenues per employee are utilized to assess and improve the efficiency and effectiveness of HR functions. The report highlights the importance of aligning employee personalities with tasks, managing conflicts, and enhancing decision-making and leadership skills. It discusses how these practices contribute to addressing HR challenges and improving overall organizational performance, providing insights into Tesco's approach to human resource management.

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HR matrix is the operational measures that are
used in the company Tesco so that efficiency and
effectiveness in the company can be addressed.
The efficiency of the recruitment process is deter-
mined through the cost per hire metrics which is
evaluated by dividing the total cost of hiring per
the number of the new hires.
Early turnover is the metric that is expensive and
it helps in evaluating the mismatch between the
company Tesco and the position of the person.
The high potential leave can be evaluated by HR
through the metrics of the time since last promo-
tion which is evaluated through the average time
in the months till the last internal promotion of
the candidate.
The role of the HR metrics is also related to
the revenues which help in indicating the
quality of the hired employees and it is evalu-
ated through the revenues per the total num-
ber of the employees.
Title:
HRM
HRM theory helps in keeping the organization le-
gal and helps in monitoring the progress.
Tesco company uses the Strategic Contingency
theory of the HRM which emphasis the personality
of the employees and align the tasks to them.
The major focus of this theory is on the problems
of the HRM which helps HR in changing the situa-
tions according to the changing environment.
HR enhances the decision-making skills and lead-
ership skills which help in improving the growth of
the Tesco Company.
The unwanted conflicts in the company are man-
aged with the contingency theory as it provides an
effective way to solve them.
Role of HR Matrix
HR theory and Practices to resolve
the issues and challenges of the
HR