Alignment of Hr Practices with Business Strategy
[pic]
Table of Contents
CONTENTS PAGE
1. Introduction 3
2. Assignment Question 1 4 – 8
3. Assignment Question 2 9 – 13
4. Assignment Question 3 14 – 18
5. Assignment Question 4 19 – 23
6. References 24
7. Bibliography 25
HUMAN RESOURCE MANAGEMENT (HRM)
INTRODUCTION
This Assignment reveals how Nestle is able to integrate and align it’s HRM practices with the overall business strategy, able to manage the responsibility of identifying, attracting, selecting and moulding employees and provides an evaluation of their recruitment processes and policies .It further discusses the strategic link between Nestles performance management system and its development initiatives and examines Nestles approach to employee compensation and unique aspects of the benefits offered.
Gbadosmosi (2003) sights HR arena which influences employee’s performance to maximize productivity in an organisation as a positive grounds for organisational commitment. “Committed employee behaviour is at the heart of HRM and is a central feature that distinguishes HRM from traditional personnel management” (Gbadosmosi, 2003:274).
Question 1
The key pillars of Nestles strategy include being recognised as a preferred corporate citizen, preferred employer, and preferred supplier of preferred product.
Based on this strategy of being the organisations of choice, analyse how Nestle is able to integrate and align their HRM practices with the overall business strategy.
Answer to Question 1
Preferred corporate citizen is an organisation that has a legal right to exist in a country and is appreciated by the people in the country. For example there are many organisations in South Africa, but Nestle is one of it that is being preferred by many. That makes it a preferred corporate citizen. From Oxford Advanced Learner’s Dictionary (International Student’s
Table of Contents
CONTENTS PAGE
1. Introduction 3
2. Assignment Question 1 4 – 8
3. Assignment Question 2 9 – 13
4. Assignment Question 3 14 – 18
5. Assignment Question 4 19 – 23
6. References 24
7. Bibliography 25
HUMAN RESOURCE MANAGEMENT (HRM)
INTRODUCTION
This Assignment reveals how Nestle is able to integrate and align it’s HRM practices with the overall business strategy, able to manage the responsibility of identifying, attracting, selecting and moulding employees and provides an evaluation of their recruitment processes and policies .It further discusses the strategic link between Nestles performance management system and its development initiatives and examines Nestles approach to employee compensation and unique aspects of the benefits offered.
Gbadosmosi (2003) sights HR arena which influences employee’s performance to maximize productivity in an organisation as a positive grounds for organisational commitment. “Committed employee behaviour is at the heart of HRM and is a central feature that distinguishes HRM from traditional personnel management” (Gbadosmosi, 2003:274).
Question 1
The key pillars of Nestles strategy include being recognised as a preferred corporate citizen, preferred employer, and preferred supplier of preferred product.
Based on this strategy of being the organisations of choice, analyse how Nestle is able to integrate and align their HRM practices with the overall business strategy.
Answer to Question 1
Preferred corporate citizen is an organisation that has a legal right to exist in a country and is appreciated by the people in the country. For example there are many organisations in South Africa, but Nestle is one of it that is being preferred by many. That makes it a preferred corporate citizen. From Oxford Advanced Learner’s Dictionary (International Student’s
References: • Strategic choice which is organisation’s chosen strategy and it indicates how the mission and the goals can be achieved. (Noe et al., 2008: 74). 3. Seeking efficiency through worker participation: This notion is that of employees are partners rather than mere workers. (Noe et al., 2008 : ) 1 • Concentration Strategies (Increasing market share, reducing costs or creating and maintaining a market niche for products and services)(Noe et al., 2008 :86).Which is achieved by : 1 For strategy implementation then, there appears to be an integrative linkage between HRM practices and business strategy. (Noe et al., 2008:74). Attraction is “a force that pulls things towards each other” Recruitment is “...the practice or activity carried on by an organisation with the primary purpose of identifying and attracting potential employees.”(Noe et al., 2008: 202). Selection “involves choosing the best applicant to fill a position” (Grobler, P., Warnich, S., Carrell, M.R., Elbert, N.F. and Hartfield, R.D., 2006: 182).