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Transformational Hrm

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Submitted By igord
Words 3772
Pages 16
13

Table of Contents

1. Introduction1
2. HRM Transformation in general terms2
2.1 HRM phenomenon 3 2.2 Trends driving it3
3. HRM formulation for the manufacturing company 4
3.1 About the company4 3.2 Harvard HRM model 4 3.3 Situational and Stakeholders Aspects 5 3.4 Defining business strategy6 3.5 HRM policies 8 3.6 HRM Delivery9
4. Recommendations and Conclusions 10 4.1 Interpretational model and recommendations10 4.2 Conclusion13 References14

1. Introduction
The first part of the report will provide an insight to what circumstances triggered HRM transformation. Then we’ll explore the complex issues debated around HRM transformation at present and attempt to examine some theoretical perspectives and approaches that may be suitable in advising CEO what HRM transformation would mean for the manufacturing industry. We’ll emphasize in our report that restructuring and retrenchment should be practiced only when relevant. In the last section of our report we’ll present an interpretational model amalgamating figures and some rhetorical findings analysed in the earlier sections of the report and based on the analysis of the same model we’ll provide recommendations and conclusion as to how HRM transformation might achieve both cost cutting and increased effectiveness.
2. HRM transformation in general terms
2.1 HRM phenomenon
During Margaret Thatcher’s administration we observed ‘an ascendancy of a new political and economic ideology and the changed conditions of national and global capitalism’ (Bratton & Gold, 2007, p. 34). Human Resource Management surfaced as a new phenomenon that aimed to analyse the changing face of employment relationships. Unconventional forms of employment (e.g. zero-hour contracts, just-in time workforce, etc.) and declining influence of trade unions and collective bargaining

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