The Harvard HRM is applied through solving the challenges of past individual

The harvard hrm is applied through solving the

This preview shows page 23 - 25 out of 30 pages.

strategy. The Harvard HRM is applied through solving the challenges of past individual management essentially when managers formulate ideas regarding the way they want to view the participation of employees. Besides, the application of Harvard framework will enable the general managers in monitoring the way the workers are imparted with similar knowledge and also the kind of statutes and practices of human resource management that can realise the goals of the company. According to Harvard framework, HRM consists of two properties; line managers’ fess up more obligation for safeguarding competitive strategy and policies of the workforce; and the second property involves the staff having the mission of placing policies to dispense the manner in which events are ascertained and performed in conducts that make them more strengthening. Besides, other critical elements of a HRM strategy encompass alignment of SHRM to strategic plan as well as business goals. External factors, demand and supply of labour, government policy as well as qualitative and quantitative measures are key elements of SHRM strategy. Currently, strategic human management plan is required to enhance performance of all organizations irrespective of the operational sector. This indicates why various organizations are not performing expectedly due to failure to incorporate strategic human resource management. In this paragraph, I am going to design a strategic HRM strategy for Amazon Company. The HRM strategy for this firm will take into account various models such as aligning with HR and business requirements, HR strategy, organisational design, structure and performance, strategic resourcing, development of the company and compensation and benefits. The strategic HRM for Amazon is as follows: Innovation
Image of page 23
STRATEGIC HUMAN RESOURCE MANAGEMENT-BRITISH CURRICULUM 24 This company has an excellent emphasis on constant innovation through the introduction of new technologies to improve consumer experiences. Since customers expect continuous change and new commodities in the industry (Suarez et al., 2016 537), this company will focus on innovation as a fundamental step towards success and become competitive. The modern technology is currently growing and advancing at a significant rate and therefore facilitating innovation which is gradually incorporated in human resource management. This is essential in keeping the organization strategically positioned towards achieving the set goals. Diversification Diversity pertains embracing wide range of products as well as involving people from all walks of life irrespective of their cultural backgrounds. Diversity in human resource management is necessary since it eliminates discrimination while promoting teamwork. In this strategy, Amazon will use both business and product diversifications. From time to time, Amazon will introduce new goods so that it can meet the consumers’ needs and utility. This strategy is inspired by the assertion of Scholes (1993), which states that organizations that diversify by developing
Image of page 24
Image of page 25

You've reached the end of your free preview.

Want to read all 30 pages?

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture