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Strategic Human Resource Management Essay

5707 words - 23 pages

Strategic Human Resource Management

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Table of Contents
Introduction 3
LO: 02:1 Be able to develop human resource plans for an organization 3
2.2 Assess the human resources requirements in a given situation 5
2.3 Develop a human resources plan for an organisation 7
2.4 Critically evaluate how a human resources plan can contribute to meeting as organisation objectives 8
LO: 03: Understand human resources policy requirements in an organization 9
3.2 Analyses the impact of regulatory requirements on human resource policies in an organisation 10
4.1 Analyses the impact of an organisational structure on the management of human resources 11
4.2 Analyses the ...view middle of the document...

The Bank strategic activities are discussing in this assignment as well. Considering the strategic human resource management there is many strategic activities are applicable in the specific bank. Basically HR planning is the first step of strategic human resource management and it will lead to the organisational objectives as well. According the organisational structure and culture the HR planning is defined by the HR manager, the Bank HR manager is responsible to design the strategic HR activities such as job analysis, recruitment and selection, career development, performance appraisal, training and development which are leading to guide the organisational objectives, according that this assignment is basically focuses on the Barclay bank which is activities are based on that the strategic context, so the assignment is evaluating the strategic human resource management according the Barclay Bank performance as well.
LO: 02:1 Be able to develop human resource plans for an organization
The Barclay Bank is the worldwide financial company which is giving service in financial. They have branches in America, Africa, Asia and more than 50 other countries. Considering this human resource plan, they are having proper HR planning in the Barclay bank worldwide as well. HR planning is identifying the present and future requirements for the organisation as well. It link with the Barclay bank human resource management and bank’s overall strategies as well. The employees of the bank most of the employees are western countries and skillful workers are working therefore the Bank have proper HR planning for their performance as well.

Figure 1: HR planning process
Figure 1
Source: http://en.wikipedia.org/wiki/Strategic_human_resource_planning
Human resource planning is desirable to must a intelligence of both the present external environment, and forestall things that may happen in the upcoming in the work market place. Human resource strategies to be applied must be interpreted to the staffs clearly so that they can well comprehend the strategies (Armstrong, 2009).
Considering the labour markets of Barclays bank there are many factors are affecting the labour markets such distribution, training skills, level of education, structure and mobility which are including the labor market as well. And also the salary is a motivate factor of the labour market as well (Matten, 2010).
The Barclay Bank is normally not having the skills shortage by the employee, because there are number of employees are working most of are based on the western countries employees, and also they are having proper knowledge of that, bank is giving the proper training prorgramme for then employee, therefore in employee wise there is no shortage , but according the technological innovation there are skills shortage, because the employees are adapting the new technology.
The Barclay bank has proper HR planning, because they rare hiring and giving the work proper employee. The Bank is...

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