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Introduction of business strategy human resources

Category: Human Resource Management Paper Type: Report Writing Reference: CHICAGO Words: 500

        For the successful business strategy human resources are considered as the important part because human resource management is performing the role of the bridge between the employees and higher authority of the organization. The importance of the motivated and well trained employees can be realized by the successful business managers for achieving the financial goals of the company. The major objective of the success full Human resource managers is to motivation the employees of the organization to achieving their financial goals by providing them all opportunities of the advancement t of the employees as well as growth of the employees. The success of the company can be realized by the struggles and efforts of the management and employees both.  The human resource management has cooperative and not adversarial relationship for the success of the organization(Barnes, 2018).

        There are wide ranges of the organization which are performing in well manner in the United Kingdom and running their all strategies in effective manners as well performing the functions of the human resource in good way to achieving their financial goals. For the discussion of the essay Tesco is selected for analyzing the relation among the HR and corporate strategy. This will critically analyze the relationship of the Human resource management with the corporate strategy as well as it determine the internal and external factors which are affecting the relationship of the employment.

        The Tesco Company is selected In order to focus on the critical review of key factors or indicators for the employment relationship within an organization; Tesco is the prominent grocery retailer of United Kingdom, dealing in immense range of products and services for customers in the market.  The firm’s dimensions are supermarket, hypermarket and different super stories. This is also considered as the ninth largest retailer in the world due to its revenue streams (Felsted, 2015). The company was founded in 1919 by Jack Cohen. In the year 2016, the company had earned the revenue of almost £60 billion and however, the profit of the company is exceeding to the £1 billion. The Tesco is providing the benefits to the employees; Tesco Plc. has about 6,902 stores and there is about 500,000 staff member of the company (Butler, 2015).

Relationship between HRM and corporate strategy

The strategies of the Tesco are complete by the struggles and efforts of the HRM because JHRM always assist the employees of the organization for enhancing the performance and achieving their financial goals. There are several activities which are used to creating the relationship between the employees, human resource management and business strategy.

References of  business strategy human resources

Barnes, D., 2018. The Relationship of HR With Business Strategy, s.l.: smallbusiness.

Butler, S., 2015. Tesco - six challenges in store for Matt Davies. [Online]
Available at: https://www.theguardian.com/business/2015/may/11/tesco-six-challenges-in-store-for-matt-davies

Felsted, A., 2015. Tesco puts a brave new face on old problems. [Online]
Available at: https://www.ft.com/content/9fe25e7c-5d5e-11e5-a28b-50226830d644

 

 

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