We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Strategic Human Resource Assessment - Essay Example

Comments (0) Cite this document
­­­ Strategic Human Resource Assessment 1 Introduction Today, organizations are highly influenced by the market pressure not only in terms of marketing or external competencies, but also in terms of internal strengths which is again reflected through the Human Resources Management (HRM) strategies adopted by the company…
Download full paperFile format: .doc, available for editing
Polish This Essay95.1% of users find it useful
Strategic Human Resource Assessment
Read TextPreview

Extract of sample
"Strategic Human Resource Assessment"

Download file to see previous pages It has to be mentioned in this context that the first and the foremost strengths which companies often intend to obtain in order to compete in the market is efficient workforce through the enforcement of effective HRM strategies. In the contemporary era, Strategic HRM (SHRM) has been introduced in order to link the strategic objectives of the business with its HRM functions with the sole intention to reinforce crucial changes into its workforce which can in turn enhance its strategic positioning and competitive advantages within the industry structure over its rivals by a large extent (Deb, 2006). Based on this understanding, this paper would intend to illustrate the role of strategic HRM in improving the performance of the company (i.e. Rio Tinto) by a large extent. The paper would further evaluate the importance of strategic HRM in Rio Tinto Group within the Australian context proceeding through a critical literature review based on the significance and role of SHRM in the contemporary managerial practices. Company Overview Rio Tinto is one of global largest companies in locating, mining as well as processing of the mineral resources. The vision of the company emphasizes on developing its products in a way which satisfies the need of the customers and also improves the standard of living of people all over the world. The company has its operations in around 40 countries including Australia with a total number of more than 77,000 people as employees in its worldwide dimensions. The company’s mission has been to build as well as maintain good relationship with the stakeholders associated with it. It has also been noticed that the company always seeks to contribute positively towards the society to secure a healthy relation with the community members. It has further been noticed in this context that the SHRM policies of the company changes in accordance to the requirement of its determined organizational objectives. The company runs a graduate level program through which it recruits educated and skilled workforces as per the requirement of its strategic planning. It is in this context that Rio Tinto is known to provide a competitive as well as a coordinative working condition to its employees in return for assurance of an improved performance (Rio Tinto, 2011). Role of Strategic HRM (SHRM) in Improving Organizational Performance SHRM mainly aims to enhance the performance of the business or the organization on a whole by encouraging different people associated with the company to work for the welfare of the organization to obtain the determined organizational objectives through shared values. It has often been argued in this context that SHRM typically helps to determine the strategic goals of the organizations in accordance with its internal strengths related to the workforce and therefore, assists managers to bind the HRM practices with its competitive objectives (Armstrong, 2008). It has been further learnt that SHRM is a planned pattern that is use for developing the human resource operations as well as activities to enable organizations to meet the determined goals (Darwish, 2009). It is worth mentioning in this context that SHRM practices, as applied in the modern era, functions on the basis of few key principles. Its foremost principle states that the objective or the goals of the company would have to be achieved through the ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Strategic Human Resource Assessment Essay Example | Topics and Well Written Essays - 2500 words”, n.d.)
Retrieved from https://studentshare.org/management/1403998-strategichuman-resource-assessment
(Strategic Human Resource Assessment Essay Example | Topics and Well Written Essays - 2500 Words)
“Strategic Human Resource Assessment Essay Example | Topics and Well Written Essays - 2500 Words”, n.d. https://studentshare.org/management/1403998-strategichuman-resource-assessment.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
Strategic Human Resource Planning
This paper presents the steps involved in developing a strategic HR plan: 1) analysing mission, vision and core values; 2) environmental scanning; 3) internal factor analysis (the details of these internal factors that need to be considered are as follows: capabilities: human capital as a strategic resource; composition: building human architecture; organisational culture); 4) strategy formulation; 5) strategy evaluation.
10 Pages(2500 words)Essay
Strategic human resource management
Therefore organisations which are looking to gain a competitive advantage, thus the implication of strategic human resources are a key factor for performance of the organisation. Strategic HRM is all about adaptation and integration. The strategic HRM concept has gained momentum and is mainly due to importance of strategic human resource, the way strategic HRM is managed, integrated, developed, retained, engaged and finally utilised and gain a competitive advantage over its competitors.
12 Pages(3000 words)Essay
Strategic human resource management
This approach considers human resource as the primary factor contributing to the success of the organization. It is as Leif Edvinsson (2002) puts it: “The only vital value an enterprise has is the experience, skills, innovativeness and insights of its people” (12 Manage).
9 Pages(2250 words)Essay
Strategic human resource management
These challenges include recruitment of new staff and employees, training of existing employees and constant counseling of employees to ensure that they are satisfied with the changes being made in the set up. Another round of HR challenges which needs to be dealt with includes the development of the Human Resource Information management system.
4 Pages(1000 words)Essay
StrategicHuman Resource Assessment 2
SHRM delivers the practitioners a renewed level of confidence to perform the activities efficiently which ultimately results in organizational success by satisfying the needs as well as expectations of the workforce. It is in this context that SHRM views at the administration of human resources or workforce from a broader perspective, rather than applying a narrow perspective to enhance the effectiveness of the employees in accordance to the organizational goals (Boxall, Purcell & Wright, 2007).
8 Pages(2000 words)Essay
Strategic Human Resource Management
Human capital being the biggest driver of the organization mission highly emphasizes the utmost importance of strategic human resource management (Baruch and Peiperl, 2000) Q.1 Explain how planning makes the benefits possible In both organizations whose business agenda if focused on selling of goods or services, human capital is a valuable asset.
4 Pages(1000 words)Essay
Strategic Human Resource Management
As a result of these developments, HRM has become a major thrust area where the focus is on synergizing and propelling organizations to seamlessly integrate with the macro environment. The field of HRM can become a greater strategic contributor to organizational performance and success (Mathis and Jackson, 2003).
6 Pages(1500 words)Essay
Strategic Human Resource Management
The report is concerned about the trend which is observed in present-day Organisations that are focusing on the survival rather than their growth and development. Organisations collapsed due to economic slowdown have alerted the existing ones regarding their survival in the highly uncertain environment where survival has become a tough matter of subject.
13 Pages(3250 words)Essay
Strategic Human Resource Mangement
According to scientists, SHRM is “accepting the HR function as a strategic partner in the formulation of the company’s
4 Pages(1000 words)Essay
Strategic Human Resource Management
pport.Most people join the unions in order to higher payments at work, but, the trade unions play other roles, which are essential in ensuring healthy employee-employer relationships(Wilkinson 2014, p. 89). First, the trade unions negotiate the pay and conditions of workers at
4 Pages(1000 words)Article
Let us find you another Essay on topic Strategic Human Resource Assessment for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us