Strategic Management Human Resources
In today’s time, the Human resource strategies have eventually become the most vital aspect/facet of all reason being it fosters an engaged workforce and ensures the business strategies are best aligned. Therefore, this report is going to shed a light on the relationship between the BS-business strategies alongside HR strategies with an elucidation of horizontal/vertical integration across organizations. On the other side, an evaluation, comparison, and contrasts concerning the theoretical basis, as well as models of, said SHRM will be discussed in detail in support of the subject matter. Moreover, nature along with a theoretical perspective about the concept of employment relations undertaken. The possible recommendation made in completion of the report
Surely, aligning HR strategies with BS-business strategies is salient as it ultimately boosts the worker’s satisfaction & performances, makes sure teams are best aligned for assisting businesses to accomplish its SO-strategic objectives, as well as raise their impact & power of DM-decision making across certain organization (Cha, Hwang and Kim, 2019). Hence, with an assistance of a horizontal/vertical integration, the relationship among BS and HR is revealed-
Horizontal integration- It can be simply defined as when a certain company or an organization takes over another company operating at a similar or identical level concerning a VC-value chain in a certain industry. This process is helps in increment of the supply chain of the goods and services. This can be performed by companies through various channels including acquisition, merger and internal expansion (Nellippallil et al, 2017). It can also provide the company benefit of leading with monopoly in the market due to betterment of the supply chain. Surely, companies might opt to undergo such integration for increasing their size, diversifying offering concerning their goods or services, accomplish economies of scale, and/or reducing intense competition. Contrarily, the organizations might too wish gaining access towards current buyers or markets, alongside overseas. For instance- a public organization headquartered in UK AstraZeneca accessed horizontal integration through an acquisition majorly of ZS Pharma during the year 2015 (Fuller et al, 2016). Concerning HRM, such integration is more about HR & is defined mainly as congruence in between said HRM policies, HRM practices as well as an implementation of such practices alongside policies for optimizing the HR deployment.
Vertical integration- Such an integration comprise of an acquisition/taking of certain business operations majorly within identical production vertical (IPV). Under this integration, the companies shift their focus on the suppliers to strategize to control them. In this way, the company can control its supply chain and the value of the products. By adopting this process, the companies control their operational processes and to reduce the cost of the products. Apart from them, the efficiency of the operational processes also improves. A point to be highlighted here is that organizations might accomplish such integration with an assistance of IE-internal expansion, a merger, or an acquisition (Alfaro et al, 2016). Concerning the HRM, a degree or extent to which said HRM practices, various roles as well as contributions are well-aligned mainly with SMP (strategic management processes) concerning certain organizations in addition to how they truly contribute towards its vision, mission (M) alongside strategic objectives (SO).
THEORETICAL BASIS & SHRM MODELS-
Primarily, an SHRM can be defined as an integration of HR activities as well as policies with well-defined SOG- strategic organizational goals/objectives majorly for all purposes about accomplishing & sustaining QP-quality performance results or output by certain company/organization. This process tends to improvise the role of the HR so that the resource allocation recruitments and other important factors can be assessed and evaluated effectively. It creates a sense of professionalism in the HR and others so that the company can achieve their goals with more certainty (Su, Wright and Ulrich, 2018). Hence, with the assistance of theories and models such as the SP-strategic perspectives about best fit or contingency, BP-best practice or Universalist as well as RBV which stands for the resource-based view (RBV), the SHRM theoretical basis/model and deep understanding of same undertaken :-
BP-best practice or Universalist– Such model can be regarded majorly as one of the simplest approaches of analyzing said HR strategies & argue the fact that there exists an exact human resource practice (HRP) set which shall be applicable in any company/organizational context, as well as an application of such practices, fosters organizational performances, besides, to assist in attaining a CA (competitive advantage) (Zhong, Wayne and Liden, 2016). Having a competitive advantage is the need of the hour and the organizations cannot simply take it for granted. On the other side, it pays attention majorly upon certain practices highly-oriented towards reinforcing existing employees/worker’s abilities/proficiencies. For instance, an extensive training HRP for workers might be highly beneficial to such firm as workers empowerment might foster innovation & motivates desirable worker’s behavior via promising and strong incentives. The HRM practices allows the organization to have best talented people to work for them and they strategize policies so that the employees can be retained (Haider et al, 2015). Recruitment is one of the major practices of human resource management which uses high expenses. Therefore, these policies are extremely imperative so that the people can be retained and the organization also achieve goals successfully. Hence, this way the HRM strategies and business strategies are linked and met.
Dear sir madam, Thank you and appreciated your good output. I was really worried about this assignment because the deadline was already passed however you gave me the final document with experts assistance that was really great and I’m satisfied with the final solution. Thanks again
highly satisfied to give assessments when we are too busy and cannot summit our task on time.
Great service… Quick response… Nicely judge the requirements of the assignment… It seems like exert has gone through the specifications very carefully… I would prefer same expert again when I will have database assignment again in future… Thanks very much…
5 starts for following the requirements in the first go, extensively researched, to the point discussion in the research paper. Referencing seems to be on point. Excellent writer Good work, Cheers!!
This assignment i go r23.5/30 I’m happy your high quality work Thanks for helping
I recommend all my friends . They always get work done in emergency . Experts are too good . Provide them wid notes as well
good writers i love your assignment a lot. lot of value for your assignment. good website. lots of helpful to students.
Definitely gave me the help that I needed for this course. I would recommend my assignment help to anyone.
On time and great work. Simulation and paragraphs. You made it according to template. Thank you.
Good work done by MAH team. Very good understanding of the topic and hit it right.
I want u to do my next assignments..i will talk with the management i hope they can figure it out..our presentation n some contents are really good…G …
thank you very much for your help good assignment on time delivery and good work..
great assignment, was very excellent and passed it with no problems, really appreciate thanks
Original work and affordability are the biggest reasons for me to hire them over and over again. I like their professionalism and services. Keep up the good work.
The topic was too tricky for me to understand and that’s why I sought writing support from them. They met all my requirements and did justice to my order. Wonderful service!
I was expecting to receive the document in Harvard referencing style, but I actually got it in Oxford. I immediately approached them, and they got my work done according to me in a day. They didn’t ask for money on the changes made. Thanks guys!
I found them very professional as they quickly respond to the urgent requests. I wanted them to work on a few things in my final order, and they did it exactly as per my specifications without charging any extra money. Good services!
I found it hard to place an order with them as the line was constantly busy. But through their mobile App, it has become simple to approach them. I got my assignment on time, and it was nicely written. Highly recommended.
It takes a lot of time to research on an assignment topic given by the professor. I as I wanted to save my time, I simply contacted them via email and got their respond then and there. They followed all the specifications given. Thanks guys!
I wanted them to do certain changes in my document as I wasn’t satisfied at first. But, the writer assigned to me did the rework and sent me the order just in a day. Thanks guys! Good services. Marsha Marshall ,USA
live in London, and most of the time I travel owing to my work responsibilities. I got to know about them from a friend, and it’s been quite a while that their expert team of writers is supporting me with the college projects. I’m highly satisfied with their services. Keep doing a good job!
Scored good grades Due to time constraints, I hired them, and they handled the entire task amazingly. I submitted my order within the deadlines. I scored good grades, thanks guys!
I never knew they could be of such a great support. My order was written excellently and the format used was correct as well. Keep up the good work!
I needed help with my order from someone whom I can rely on completely. A buddy suggested me to hire them. They are really best at their work. I got my order on time.
Big thanks to the team of Instant Assignment Help as they delivered me the order just in time. Their customer support executives were available even at odd hours to resolve my urgent queries.
Good services! I found them very professional as they always keep in mind the requirements shared by their clients. Keep up the good work.
The format used was just like the way I wanted. I never thought they could write my document so well. I will surely recommend them to my friends.
While writing my assignment, I got confused about the referencing style that I had to use, and that is why I thought to seek help from their experts. To my surprise, I got exactly what my college professor wanted.
I wanted my writer to draft my order according to the specifications made and owing to some miscommunication; he forgot to mention some of the important points. But when I told him to do the changes, he did the rework patiently. I’m happy with their services.
Online writing companies charge high prices for their services, and this was the reason why I never thought to take writing support online. But Instant Assignment Help is different from others. They deliver a good quality document at affordable prices. Highly recommended!
Their services are fine as I can see there’s still room for improvement. I told them to use Vancouver referencing style, but mistakenly they used Oxford. The changes were made instantly when I asked them to.
Unit 1 Developing Strategic Management
Unit 1 Developing Strategic Management and Leadership Skills
Unit 1 Developing Strategic Management and Leadership Skills,
Statement of Authenticity:
I certify that this is my own work. The work has not, in whole or in part, been presented or published elsewhere. Where material has been used from other sources it has been properly acknowledged. If this statement is untrue I accept that I have committed an assessment offence.
Unit 1 Developing Strategic ManagementASSIGNMENT INSTRUCTIONS THIS IS AN INDIVIDUAL ASSIGNMENT. YOUR ATTENTION IS DRAWN TO THE INSTITUTE REGULATIONS REGARDING PLAGIARISMASSIGNMENT INSTRUCTIONS
- You should submit the assignment on or before the given due date.
- This is a take home assignment.
- Soft copies (WORD FORMAT) to be emailed to email@example.com. Email subject line must carry your name and module name / course name.
- All assignments should be spiral bound with black hard cover as the last sheet.
- A hard copy of the first page of this document and feedback sheets to be attached to the assignment front with your details.
- Clearly label the CD with your student registration number & module name and attach it to the back cover of your assignment.
- Multiple submissions for higher grading are not allowed.
- Late submissions: If you do not submit your assignment on given deadline, you will be required to pay Rs.2,000 as LATE SUBMISSION FEE. Late submission period is one month.
- In the case of a late submission your grade will be capped at ‘Pass’
- Submissions made after the late submission period will involve a penalty of Rs. 5,000. ( LATE SUBMISSION PENALTY)
- Submissions made after Three Months from the original due date will not be accepted and treated as a referral.
- If you are unable to handover your assignment on time, and have a valid reasons such as critical illness, you are required to apply in writing for an extension in advance, supported by appropriate evidence.
- An assignment provides the final assessment for the relevant learning outcomes and is normally a final assessment decision. A student who, for the first assessment opportunity, has failed to achieve a Pass for that unit specification shall be expected to undertake a reassessment.
- If you do not submit your ‘redo’ assignment within the stipulated time period, late submission conditions will be applied.
- A student, who, for the first assessment opportunity and resubmission opportunity, still failed to achieve a Pass for that unit specification, is required to re attend the module.
- The student must study the unit again with full attendance and may be required to make a payment of the unit fee.
- The overall unit grade for a successfully completed repeat unit is capped at a Pass for that unit.
- Units can only be repeated once
- Non submission of work without valid reasons will lead to an automatic REFERRAL requiring submission of the assignment with the next batch.
- Every assignment should have an Introduction and Conclusion.
- The standard Table of Contents should be generated.
- Paper Size – A4 Single Side Print
- Main heading Font: Arial; Size 16
- Sub Heading Font: Arial; Size 14
- Body Text Font: Arial; Size 11
- Line & Paragraph spacing: Single Line.
- Margins: Top: 1” Bottom:1” Left:1” Right:1”
- Footer: Include the page number on the Right side.
- All sections should have continuity and pages should be clearly labelled.