Strategy Hrm

In: Business and Management

Submitted By sunaojsdo
Words 4696
Pages 19
Module Title: HR Strategy and Professional Practice

Module number: BHL 6015

Module tutor: Hefin David

Assignment Title: Strategic Choice in HRM?

Group member: AO SUN 20048523 Wenhao Yuan 20048524 Yikai Zhou 20069377

Contents 1. Introduction 3 2. Different measures of analysis and comparison 4 2.1 Redeployment 4 2.2 Secondment 4 2.3 flexible working 5 2.4 Comparison 7 3. Strategic HRM 8 3.1 definition of the Strategic HRM 8 3.2 The extend of strategic HRM 8 3.2.1 HR outcomes with Harvard model 8 3.2.2 Vertical fit 9 3.2.3 Horizontal fit 9 4.0 Recommendation 10 4.1 Accept redeployment 10 4.2 Accept secondment 10 4.3 Accept flexible working 11 Reference List 13 Appendix 15

1. Introduction
Standfast Insurance is to encounter a 25 million pounds budget deficit in the coming 5 years as a result of diminished market share. Apart from the budget deficit, the company is to encounter other challenges including the need to address rises in demand from customers. Therefore, in order to tackle the external and other influences, Standfast Insurance needs to come up with appropriate strategies. The company intends to improve quality and concurrently evade redundancy using a variety of strategies including redeployment, secondment and flexible working. This paper will start with literature review on redeployment, secondment and flexible working, after that it will give recommendations accompanied by examples of other companies.

2. Different measures of analysis and comparison

2.1 Redeployment
The company will also conduct employee redeployment, an activity whereby workers are moved from one working environment to another. The reasons for reassignment will be to increase efficiency, to reduce costs or for the purposes of trainings to build…...

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