STRATEGIC HUMAN RESOURCE MANAGEMENT:
Strategic human resource is a technique allowing business to manage their human resources by giving entity the imperative structure to achieve future objectives and aims. Focusing on continual issues relating to employees, values, structure, culture, commitment and maintaining resources in an organisation. It is also defined as the direction and scope of organization over longer term, which ideally matches its resources to its changing environment, and in particular, to its markets, customers and clients to meet stakeholder expectations. (Johnson, G and Scholes, K 1993. Exploring corporate strategy, prentice hall, Hemel Hempstead. BOOK, Human resource management practice). HUMAN RESOURCE MANAGEMENT:
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The HR strategy forms the basis for it.
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IMPORTANCE OF HRM IN SCOTTISH POWER:
For Scottish power employees are the assets or most important resource. The purpose of HRM in Scottish power is to handle affairs or issues regarding employees as it known to be driven by technical competence of individuals. It involves placing of individuals on unengaged positions, for recruiting and selection process taking into account appropriate qualification and skills. The organisation is putting emphases on fair and unbiased treatment among all the individuals of the company regardless of gender, age, race and disability.
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B. (AC1.3)
ANALYSIS OF THE FRAMEWORK OF STRATEGIC HRM OF TARMAC:
Tarmac is UK based company that came into operational existence in 1903 and deals in supplying of building material and aggregates to the building industry. They have been dealing in building projects and construction of roads. They have TARMAC UK and TARMAC international. Tarmac UK is looking after two different businesses i.e. Tarmac LTD extracts key building aggregate and Tarmac building products LTD converting raw materials
Human resource strategies of the group Sun City International have been identified and analysed for purposes of this report. While reviewing the different related literature this report attempts, through an analysis of external and internal factors, to examine how strategic management may help to deal with challenges and changes in a company, closely linked to the human resource department of the group. Finally, the impacts of all the possibilities and past activities are stated, and methods and recommendations are proposed for the Group in concluding this research.
In simple term, strategic human resource management is concern with the ways in people is crucial to company effectiveness. According to Miller (1987) strategic
Today 's fast-paced, competitive business environment has resulted in "rediscovery" of the human resource management function as a group that may be able to enhance firm competitiveness and performance by being "strategic" (Dyer & Kochan, 1995; Ulrich, 1997). Strategic Human Resource Management is a term describing an integrated approach to the development of Human Resource Strategy that will enable the organization to achieve its goals (Armstrong, 2005). Whiles strategy is an action that managers take to attain one or more of the organization’s goals. Strategy presents a general direction set for the company and its various components to achieve a desired state in the future. This results from the detailed
The term Human Resource Strategy is well defined as - “Human Resource management (HRM) is a strategic approach to managing employment relations which emphasises that leverage people 's capabilities is critical to achieving sustainable competitive advantage, this being achieved through a distinctive set of integrated employment policies, programmes and practices.” [ Bratton and Gold,4e,p3]
Firstly, the report looks into what is strategic human resource management and uses the Harvard Analytical Framework for HRM to analyze the various issues in BHS. Primary issues such as the CEO management styles, a lack of human resource department, and mandatory compliance to the government policies were present within BHS. There were also secondary issues such as communication problems, lack of trust in the HR policies,
The concept of strategic human resources management tends to focus on organization wide human resource concerns and addresses issues that are related to the firms business both short-term and long term. Strategic human resource management derive from human resource management, which the influence of strategic human resource management will be addressed. Human resource departments need to transform human resources to strategic human resource as to ensure the effectiveness of the objectives of the organisation are achieved. More and more authors are still reshaping and redefining the broadly accepted definition of strategic human resource management however according to Caliskan (2010:102) mentions that many authors stand firm that strategic human resource management is concerned with the role of human resource management systems play in firm performance. In addition to that it highlights the importance of people management, as to improve the organisations performance and gain competitive advantage. In order to address the question of, what influence does the strategic human resource management play in the performance of an organisation. First issue of why is it important for organisations to have an effective and
An organisation’s performance is vital to an organisation’s success. It is agreed upon that strategic human resource management (SHRM) can be a beneficial tool in achieving optimal organisational performance. Kentucky Fried Chicken (KFC) is a large-scale fast food chain with over thirty thousand employees (MarketLine, 2016). KFC must ensure all employees are motivated so that they improve their productivity, performance and ultimately achieve the organisation’s objectives by increasing their profit. However, as fast food organisations do not incorporate high performance work systems (HPWS) to manage their human resources, this resulted in low flexibility, decrease in the level of skills and abilities of employees and the employee’s perception of the organisation. This has also led to lower staff morale and increase in staff turnover. In order to resolve these issues, SHRM practices can be implemented. The use of the ability, motivation and opportunity (AMO) framework can be beneficial in determining the underlying reasons for employees’ behaviour that has led to low productivity, decreased motivation and high turnover. Additionally, an employee’s perception of an organisation’s objectives and commitment to the employees is also a critical issue that fast food organisations need to address. Restaurants in the fast food industry such as KFC can utilise strategic HRM to resolve issues that they encounter in order to ensure the workforce is operating efficiently and
The key purpose of Strategic Human Resource Management is to bolster an organization’s strategic plan by ensuring consistent alignment between the human resource functions and the plan’s outlined strategic objectives. An organization’s achievement of strategic objectives is contingent on employee
The Strategic Human Resource Management (SHRM) is an approach that defines how the organization’s goals will be achieved through people by means of HR strategies and integrated HR policies and practices. Thus human resource is considered as important asset to organizations to achieve sustained competitive advantage (SCA) and optimize organizational performance. The Resource Based View (RBV) or approach, best explains the human resource as a source of competitive advantage that culminates to superior performance. Therefore, the RBV approach to SHRM in this essay is argued and established as a better alternative from other approaches such as Best practice approach and Contingency approach. Down the line, its managerial implications in terms of HR actions
Atlantis Global Corporation is a multinational organization that manufactures electronic circuit boards for high definition television screens, has relocated some personnel to three of its subsidiaries in hopes that the subsidiaries would be self-sustainable and profitable. The company’s CEO, COO and the Board of Director John is worried about global competition and losing AGC’s manufacturer of electrical circuit boards of high definition televisions. John seems to ignore the problem with the company’s employee situation and that there have been several employees that have left to go work with other organizations due to being unhappy with their current working conditions. John also
From what began in the back of their family garage, Criterion Furniture was built on the vision that Wally and Brain Smaill had. The brothers built their ready-to-assemble furniture business into one of the biggest in Australasia. This report will discuss how Criterion may use human resource management and strategic management in planning the future success of the organisation as well establishing their competitive advantage. Human resource management comprises a set of policies designed to improve results and competitive advantage (Schermerhorn et al., 2014). And strategic management is the process of formulating and implementing strategies to accomplish long-term goals (Schermerhorn et al., 2014). Using tools that define strategic management such as a SWOT and PESTE analysis as well as the ideas behind human resource management, this report will allow Criterion to see how they can work to improve their strategic direction and establish their competitive advantage.
Strategic human resource management as described by Nel et al. (2011:562) is “long-term, top-level management decisions and actions regarding employment relationships that are usually made and performed with the overall general strategic
Aim: This research will help us understand the role played by Strategic Human Resources Management in Organizational success, what role a HR manager plays in improving organizational efficiency and how it differs from traditional Human Resources Management.
This report is concerned with analysing waterside Publications Limited from a strategic Human Resource management perspective, which is being taken over by the Americans. The Purpose of the report is to analyse both the management styles on the HRM perspective and make recommendations for the improvement of the people in order to function within the company, will look at the pestle analysis, stakeholder, strategy development, sustaining a competitive advantage, human and social development and organisational dimensions.
Strategic human resource management is an approach that refers how the aims of the organization will be acquired through people by means of human resource strategies and combined human resource practices and policies. It is also based with viewing the people of the organization as a strategic element for the acquirement of competitive benefit. Strategic human resource model are used to achieve sustainable competitive advantage in the industry. Human Resources Management is the strategic management of the employees, who individually and collectively contribute to the achievement of the strategic objectives of the organization success. As in the case of British Airway, they use strategic human resource management to