Alignment of Hr Practices with Business Strategy

The internal environment of any company forms the premise or basis for internal analysis. Internal analysis actually sees manager or business leaders basing their organization's pursuit of "...market opportunities not only on the existence of external opportunities but also on a very sound awareness of their firm's competitive advantages arising from the firm's internal resources, capabilities, and skills" (p.148). Hence, internal analysis sees a close look being taken at the components of a company's internal environment with the aim of improving its competitive edge. The components of a company's internal environment are based on the approach taken to internal analysis. Among the approaches used to identify and analyze the elements

the internal analysis of the firm and the external analysis of the industry and competitive environment

Mission, Vision, and Values Dustin M. Wimbish American Military University Mission, Vision, and Values An organization’s vision is based on what it feels is possible to achieve, all about the potential it possesses. The organization’s mission is the process it employs to make that vision a reality. An organization’s values are the fundamental principles that are established by the stakeholders in an effort to guide the organization. An organization’s core values must match up with the mission and its vision to contribute to the overall success of the organization.

Strategy is defined as: a way of doing something, or a game plan or plan of action. As a HR manager you must possess the ability to look at things from a strategic approach (Anthony, Kacmar, & Perrewe', 2010). Over the years the whole approach to HR has changed drastically and continues to change. This approach requires an employer to see human beings as a resource to the organization. The development of people is now the most important asset of improving the performance of an organization; this is accomplished through improving designs and methods of Human Resource Management.

On the other hand, the mission of an organization “is its purpose or reason for being” (Lussier, 2015). It will state “who we are, here is what the organization do, and how we differ from our competitors” (Lussier, 2015). Based on the mission statement the company will develop their goals and objectives. The mission statement will influence on the everyday actions of the company.

The strategic planning process begins by reviewing the organizations mission, vision and values. Clarifying the mission, vision, and goals at the beginning strategic planning process can help align fragmented entities (2 p. 293). The mission statement identifies the organizations reason for existing and how it is unique in comparison to other organizations (A p. 294). It is a short, concise and clear statement that serves as a rallying point for the organization (4 p. 752). The mission provides clues about the types of services that can be expected from the organization (A). Failing to check new projects against the mission can cause an organization to get into trouble (A p. 294).

a. External Environment: Industry and market analysis (industry profile, growth, and forces), Competitor analysis, Political and Regulatory analysis, Social analysis, Human Resources analysis, Macroeconomics analysis, and Technological analysis. Also forecasting future trends

The Company 's strategy is guided by several fundamental principles. Existing Nestle products grow through innovation and renewal while maintaining a balance in geographic activities and product lines. The long-term potential is never sacrificed by short-term performance. The Company 's priority is to bring the best and most relevant products to people, wherever they may be, whatever their needs may be, throughout their lives. The taste of Nestlé in each of the countries where Nestlé sells products. Nestlé is based on the principle of decentralization, which means that each country is responsible for the efficient operation of its business, including the hiring of its staff.

Is a scan of the internal and external environment is an important part of the strategic planning process. Environmental factors internal to the firm usually can be classified as strengths (S) or weaknesses (W), and those external to the firm can be classified as opportunities (O) or threats (T). SWOT analysis means analyzing strengths,

"The Nestlé Management and Leadership Principles." n. pag. Www.nestlé.com. 27 Sept. 2011. Web. 21 Nov. 2014.

The next step in planning is analyzing and evaluating the environments. Analyzing and evaluating the environments is when managers reflect on internal and external setting as well as current organizational status (Plunkett, Allen & Attner, 2013). When analyzing the internal environment, managers review current policies, resources employees, money and material to determine any barriers to achieving company goals (Plunkett, Allen & Attner, 2013). When reviewing external environment, leaders consider strengths and weaknesses of partners, advancing technology and global markets (Plunkett, Allen & Attner, 2013). Many managers turn to Strength, Weaknesses, Opportunities and Threat (SWOT) analysis to complete their internal and external assessments (Gamble & Thompson, 2011). SWOT analysis can be done by all levels of management. Once SWOT is

It is about making strategic decisions that contribute to the achievement of an organization’s overall corporate objectives.

Our current job market is filled with new graduates who lack experience which Nestle seeks to maintain the standard in their workplace.

There will be 2 parts to external analysis; it will be done based on general environment and competitive environment. External analysis is basically analyzing the factors that are not within the control of an organization for the general environment part. As for the competitive environment part, the strength of an organization’s current competitive position, and the strength of a position it is considering moving into will be identified to help prepare itself for every possible happenings in the near future.

The purpose of this report is to evaluate Nestle Company industry based on the case study and comprehend how the company develop strategic intent for their business organisations following the analysis of external and internal business environments. I will analyse the strategic management process as firm used to achieve strategic competitiveness and earn above-average returns. I will discuss the strategy formulation that includes business-level strategy and corporate-level strategy.