International MBA HRM in Context Assignment Sample
Introduction
Human resources management approach is considered as an effective and efficient management of people in a company such as help to achieve the competitive advantage. It is designed to maximize the employee performances in service of an employer strategic objective. The concept of human resources management helps the management in analyzing changes of business. The report will critically evaluate the organization HRM approach in regards to attain objectives (Collings et al., 2018). To address this topic, Tesco is the best one to evaluate the HRM approaches as it consist of lot of problems regards to manage of diverse employees in its international business operations and it also takes lot of strategies/approaches to deal with them. In that case, it becomes efficient to undertake the critical analysis of HRM approach.
Main body
The human resources management approach is important to undertake especially in today’s time where talent retention become critical due to present of various opportunities for them. In that case, it becomes crucial to understand the significances of HRM approach to achieve the organization objective (Hecklau et al., 2016). Since Tesco is always been a people-oriented company whether it is employees or customer and other stakeholders. In that case, the objective of organization is regarding to fulfillment of their respective requirements with bring changes in business model. According to Curado (2018), Tesco has familiar about the impact that globalization bring over the firms. That’s the reason it constantly indulge in the adaptation of advanced technology such as oracle and KPMG implementation. The system is quite user-friendly and supportive to colleagues as it allows to solving queries of problems and building the actions accordingly. This practice assists them to bring changes at any time and cost. The adaptation of these technological changes requires for the timely training & development sessions. It led to improve their skills to perform the task. Since after globalization, Tesco also found problem in term to deal with multiple opinion people under single roof. This become quite challenges for them. Tesco uses equality or fair remuneration policies to reduce the biasness among the diversified cultural people. It design the compensation in such a way that everyone feel satisfy with it and able to execute the task performances on best possible manner.
In the views of Samantara and Sharma (2014) pandemic time is the one that has affected all industries on severe manner. Tesco is the untouched ones so in that case, it brings lot of changes in its HRM approach by adapting the online services for customers as well as human resources. Likewise, it gives work from home facilities to the operational department employees. For the front-line workers like sales person or delivery boy, it designs certain safety policies within which “No touching format” has been taken. These areas help the firm to protect the health and interest of employees at every hierarchy. This HRM approach helps them to not terminate any employees due to pandemic pressure and it resulted into increasing loyalty of employees towards organization. Tesco had increased its sales by 8.5 percent compared to the same period of previous year. It positioned itself as big four supermarket (Samantara and Sharma, 2015).
Conclusion
On the basis of above analysis & discussion, it is concluded that HRM approach is an significant role for the success of an enterprise as human resources are vital assets to business so embrace the talents helps to attain the objectives. However, the analysis of Tesco HRM approach clearly showed that timely training & development along with right equality policies are important to maintain the healthy workforce’s environment. Thus, the HRM approach requires to be executed well for gaining desired results.
References
Collings, D.G., Wood, G.T. and Szamosi, L.T., 2018. Human resource management: A critical approach (pp. 1-23). Routledge.
Curado, C., 2018. Human resource management contribution to innovation in small and medium‐sized enterprises: A mixed methods approach. Creativity and Innovation Management, 27(1), pp.79-90.
Hecklau, F., Galeitzke, M., Flachs, S. and Kohl, H., 2016. Holistic approach for human resource management in Industry 4.0. Procedia Cirp, 54, pp.1-6.
Samantara, R. and Sharma, N., 2014. Talent Management at Tesco HSC—A Case Study. Management and Labour Studies, 39(4), pp.477-485.
Samantara, R. and Sharma, N., 2015. Talent management at Tesco: A case study. Parikalpana: KIIT Journal of Management, 11(2), pp.95-106.
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