Leadership and HRM Strategies: A Report on Tesco's Practices

This report provides a comprehensive analysis of Human Resource Management (HRM) strategies, using Tesco as a case study. It begins with an introduction to HRM and explores various HRM strategies, including external and internal factors influencing these strategies. The report details Tesco's approach to vertical and horizontal alignment, workforce planning, and key HRM strategies supporting the company. It further examines measures to address long-term skills shortages, considerations for re-engaging employees, and innovative approaches to recruitment and retention. The conclusion summarizes the significance of effective HRM in achieving organizational goals, and the report is supported by relevant references. The document is contributed by a student to be published on the website Desklib, a platform which provides all the necessary AI based study tools for students.

1
Managing Human Resources

2
Table of Contents
 Introduction
 About HRM strategies
 External factors which affect HRM strategy
 Internal factors which influence HRM strategy.
 Approaches and considerations taken in formulation of HRM strategy.
 How HRM strategy to accommodate for emergent situations.
 Vertical alignment.

3
Continue
 Horizontal alignment.
 How workforce planning may be linked to HRM strategy.
 Key HRM strategies considered that supports company.
 Measures to support long term skills shortages
 HRM considerations to enable people and teams to re engage and restart
working relationship
 Innovative approaches to recruitment and retention.
 Conclusion
 References

4
Introduction
Managing human resources is defined
to role which manager carry relative
to company's employees in
providing management actions.
This presentation is based on
managing human resources of
Tesco which is a British
multinational retail and general
merchandise retailers.

5
About HRM Strategies
HRM strategies could be
defined to human
resources that are co-
ordinated as well as
consistent with overall
business. It is focused
on having company's
success.

6
External factors which affect
HRM strategy
In terms of Tesco, external factors that
affect HRM strategy are as follows:
Government regulations: Buy
introducing new workplace
compliance standards of human
resources department affects
company's HRM strategies and
their operations.

7
Internal factors which influence
HRM strategy.
In terms of Tesco, internal factors that influencers HRM strategy are as
follows:
 Corporate objectives: By having change in corporate objectives
of company like cost minimisation affects HRM strategies of
company.

8
Approaches and considerations
taken in formulation of HRM
strategy.
There are various approaches as well as considerations in terms of that taken in
designing HRM strategy could be stated by using various human resources
approaches of cultural, performance as well as talent management. By using
consideration of communication and leadership development could be used
in company to have strategic planning.

9
How HRM strategy to
accommodate for emergent
situations.
HRM strategies plays important role in accommodating functions for dealing
with emergent situation. As in terms of Tesco these strategies helps in
dealing competition in corporate markets, it provides help in having
effective decision making in workplace.

10
Vertical alignment
Vertical alignment is referred to configuration of strategies, objectives, action
plans as well as decisions which are made throughout various levels of
company.

11
Horizontal alignment
It is defined as alignment of coordination of efforts across company and is it
is primarily important to lower levels in strategy hierarchy. Taking up
example of Tesco company is using horizontal alignment in order to
accomplish company's goals.

12
How workforce planning may
be linked to HRM strategy
It is essential to have workforce planning which is done prior before carrying
strategies for carrying operations. In terms of Tesco, without having proper and
systematic planning company will not be able to carry their operations. It is
important to have proper planning so that strategies could be formulated
properly.