Description
Alignment of HRM and Business Strategies
Select a publicly traded company to research and evaluate its Human Resource (HR) and business strategy, HR department job positions, and ways it markets its company regarding human capital. Some company Websites that provide this information are listed below:
- Marriott: http://www.arubamarriottcareers.com/JobDescriptions.html
- Allstate: http://www.jigsaw.com/id209321_d40/allstate_insurance_human_resources_business_contacts.xhtml
- State Farm: http://www.statefarm.com/about/retirees/news_articles/hr_serv_assist.asp
- Ford Motor Company: http://corporate.ford.com/careers/career-paths/human-resources?&ccode=US
Write a two to three (2-3) page paper in which you:
- Propose how you would ensure the HR strategy is in alignment with the business strategy.
- Describe the HR job positions and the responsibilities listed for that HR department.
- Determine which HR job positions you would prefer and explain why.
- Analyze how the selected company can establish HRM strategies to improve competitive advantages.
- Propose three (3) ways that the company can increase diversity.
- Use at least three (3) quality academic resources in this assignment. Note: Wikipedia and other Websites do not qualify as academic resources.
Your assignment must follow these formatting requirements:
- Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
- Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
The specific course learning outcomes associated with this assignment are:
- Examine the role of human resource management (HRM) in organizations and how it supports the organization’s business strategy.
- Evaluate human resource strategies and how these strategies align with business strategies.
- Create a competitive advantage in the marketplace.
- Formulate HRM strategies and policies to recruit, select, place, and retain the most efficient and effective workforce.
- Use technology and information resources to research issues in strategic human resource development.
- Write clearly and concisely about strategic human resource development using proper writing mechanics.
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Explanation & Answer
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Running head: ALIGNMENT OF HRM AND BUSINESS STRATEGIES
Alignment of HRM and Business Strategies
Name
Institution
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ALIGNMENT OF HRM AND BUSINESS STRATEGIES
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Alignment of HRM and Business Strategies
How to Ensure the HR Strategy Is In Alignment with the Business Strategy
Mostcompanies are viewing human resource as a vital asset that can offer a competitive
advantage that is sustainable. This is as a result of the everyday changes that are occurring in the
business environment. Towards achieving the business strategy of HR, the human resource as an
asset is the starting point. This is because the overall goal of the HR is to assist the organization
through human capital management, which is a core subset of the wider strategy of the
organization.
If the firm has determined its business strategy, I will ensure the strategy of HR is as per
the entire business strategy. This is to assist the chosen business strategy to have some regards
with difficulties in matching the policies, philosophies, practices, and program as well as
processes often known as five Ps (Bamberger & Meshoulam, 2014). Through this way, it will
lead to stimulation and reinforcement of various behaviors of employee’s role in every strategy
that is set by the organization or business. This will make sure that there is an effective and
smooth business s...