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Human resource management is determined as one of the crucial element in an organisation that plays an important role in assisting company for executing their plans in an effective manner. Human resource strategy comes under this and this department make long term plans so that objectives can be achieved in a speculated time frame. Other than this, HRM strategy unifies and direct behaviour and action of people considering overall development within the organisation. TNT, is a company which is taken in this assignment and it is one of the market leader in field of express delivery system.
This report will focus on external and contextual developments that influence HR strategy. Every aspect has a theoretical perspective thus, practical knowledge of HR development have also elaborated. Other than this, appropriate change management model that supports HR strategy are mentioned in this assignment. Lastly, evaluation of the contribution of HR management and HR development in order to sustainable business performance and growth is included in this report.
P1 Current trends and developments that influence an organisation's HR strategy
Strategic human resource management is very important for an organisation in order to achieve certain objective and targets in a given period of time (Anderson, 2013). Company requires an effective team with the help of which they can attain set goals thus, Strategic HRM conduct an analysis so as to determine what all things and actions are required to improve the productivity of the firm. Moreover, it is crucial that TNT on a regular basis consider current trends that can put an impact or influence organisational HR strategies. Some of them are mentioned below for better understanding:
Impact of globalisation: Globalisation is determined as a process through which integration and interaction of companies, people and culture have been made possible. Thus, it can be said that globalisation has put an impact on the business operations of company. With the help of this, TNT can advance its transport and communication technologies because of which company is providing effective delivering system.
Workplace Diversity: In an organisation workplace diversity plays both as a positive or negative factor. This can aid company in delivering best services and facilities or it can create problem in maintaining better working environment (Aswathappa, 2013). In terms of TNT Express Services, they have to consider this current trend because it can hamper the decision making of the company. For example: While taking any kind of decision if managers of TNT Express Services entertain any one section of the company than it can hamper the working environment of the company.
Changing skills and Requirements: With the change in course of time requirements of the company has changed earlier cost of delivering system use to be costlier but in current scenario, because of technologies available the same has become easier (Bondarouk and Ruël, 2013). For example: TNT company can now do most of the work through internet like documentation process, customer services and facilities etc.,
Continuous improvement and process of improving productivity: From past few decades, companies have focussed more on productivity and for this, firms are recruiting eligible candidates who can perform their task in an effective manner. For example: TNT Express Services is hiring new IT specialist who can look after the documentation and filling process that are important in delive