Based on the information on the business strategy,analyse how and why the particular configuration of HR policies and practices support your chosen organisation’s business strategy..
Description
Using theories and models from the Strategic Management Unit (Semester One), you must first assess the available secondary data on your chosen company (e.g. financial reports, annual reports to shareholders, business press, specialist trade journals, published academic papers, etc.) to determine the company’s business strategy. The business strategy should be a maximum of 400 words (students will be penalised for exceeding this).
The second part of the assignment is a critical analysis of the current HR strategy of your chosen company derived from secondary data collection. You would have learned about critical analysis during Organisational Behaviour and Studying Management in Semester One. Critical is the operative word.
As we know from Lecture 5, the objectives of the employment relationship are a balance between efficiency, equity and voice.1 These three fundamental objectives should be considered, and the focus should not just be on the efficiency of the organisation.
Based on the information on the business strategy, you should analyse how and why the particular configuration of HR policies and practices support (or do not support) your chosen organisation’s business strategy.
In other words, using any available secondary data on the organisation’s actual HR policies and strategies, evaluate whether and to what extent current HR policies support the business strategy, and undertake an evaluation of how and why you might recommend changes to the organisation’s current HR strategy.
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