This assignment is based upon increasing the understanding on different Human Resources Management Practices. The chosen organization for this project is Tesco PLC and the reason for choosing this organization is based upon the success of this particular retail business within its operating retail ...
This assignment is based upon increasing the understanding on different
Human Resources Management Practices. The chosen organization for this
project is Tesco PLC and the reason for choosing this organization is based upon
the success of this particular retail business within its operating retail market.
The first part of the assignment is based upon an explanation of the purpose
and scope of HRM in terms of resourcing within Tesco PLC, with talent and skills
that are appropriate to fulfill business objectives. Therefore, the following
aspects are going to be explained and applied to the chosen organization (a)
talent management, (b) benefits and compensation, (c) workforce planning.
The second part of the assignment deals with the motivation within the human
resources management department of Tesco, as well as with the knowledge
management. Both subjects being researched by academics in the human
resources management field.
The third part of the assignment will include the Employment Relations and
Employment Right Act as well as the internal and external aspects that affects
the Human Resources Management decision making process.
Finally, the forth part of the assignment deals with application of Human
resources management into practice in a work related aspect. Having said that,
the entire research will allow the researcher to reach a conclusion that will
increase the understanding of the human resources management in regards of
Tesco Plc, the chosen organization for this project.
2
, LO1 Explain the purpose and scope of Human Resource Management in terms of
resourcing in your chosen organisation with talent and skills appropriate to fulfill
business objectives
The main scope of Human Resources Management is to ensure the
availability of the right and the most suitable employees for the right job. This is
to increase the overall business productivity to the avoidance of errors and waste
of personnel skills in jobs that are not suitable for a specific person.
Talent Management
According to undertaken research by Dries (2013), the talent management is
governed by tensions that are linked to the value and description of talent and
talent management. In addition to this, further research undertaken by Swailes
(2013) has defined that only 20 percent of the top employees of a business are
admitted to be top talent. Meaning that up to twenty percent of employees are not
within an organizational talent management System.
Therefore, it is important that Tesco is investing training and incentives in all
employees; in order to ensure their talent management is constantly growing,
allowing the business to have an increased competitive advantage. At Tesco,
talent management is based on a range of activities such as provision of a good
and safe working environment programmers as well as a recruitment talent
analysis that is more recommended to employees that have a good routine within
the working environment as per Rosethorn (2009). Therefore, Human
Resources Management should ensure that the employees are trained in order
to provide good working environment while working towards business objectives.
3
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