Submitted By:

Maryam Ehsan

Roll no
22201240003
Submitted To:
Mr. Suleman Anwar
Assignment topic:
Weekly diary
Submission date:
1

18 August 202
Page
01
Reporting
In this lecture we disscusss about
Business strategy
It is an outline of the actions and decisions a company plans to take
to reach its goals and objectives.
HR strategy
R strategy is a roadmap for solving an organization's biggest
challenges with people-centric solutions. This approach requires HR
input during policy creation and elevates the importance of
recruitment, talent management, compensation, succession planning
and corporate culture.
Reward strategy
It involves designing and implementing reward policies and
practices that support your organisation's objectives, resulting in a
motivated and effective workforce.
Business level strategies
It refers to companies' deliberate and purposeful actions to achieve
competitive advantage within their specific market segments. It
involves making critical choices about how to allocate resources,
differentiate offerings, and create unique value for customers.
We disscuss the business strategies of
Land,s END
Glaxo smith
STP (segment ,target,positioning )
Segmentation
Segmentation refers to the process of dividing your audience into
smaller groups based on certain characteristics.
Target
With your audience segments in hand, it’s time to move on to the
targeting phase. First, however, you must decide which segments
are worth targeting with your marketing.
Positioning
refers to the place you want your brand or product to have within a
particular target market.
Glocalization = globalization+local
Thinking global acting local
Presentism
Sit in the company but don’t do anything
 Pay at risk
 variable pay

The strategic HR toolkit

There are 24 toolkit which tell about the three areas of the employee
life cycle: recruitment, onboarding and off boarding.

04 competitive challenges influence HRM.

01: competing in new economy
 Capitalism
 Socialistic
 Camonist

02:competing through high performance

 Benefits of high performance work system.
 Create more jobs applicant.
 Screen candidates more effectively.
 Provide more and better training

03:competing by meeting stakeholders needs.

Check if hr is fulfilling the stakeholders need.
04:competing through globalization.
Includes company import and export

Challenge in competing through globalization

Cross culture diversity
 HRM practices solution
01: HRM strategy is matched to business strategy
02: Knowledge is shared (explicit ,teset)
03: Work is performed by team
04: Pay system rewards skills and accomplishment
05:Selection system is job related and legal
06:Flexibility is where and when work is performed
Flex time ,Flex place

02 Relating
 we can align your HR practices, such as recruitment,
training, and performance management, with your overall
business strategy.
 can create a cohesive and effective approach to driving
organizational success.
 R toolkit provides practical resources and tools to support
HR professionals in managing various HR functions.
 Having an HR toolkit helps streamline processes, ensures
consistency, and saves time, making it easier to handle HR
tasks effectively in real-time situations.
 These practices contribute to employee satisfaction,
productivity, and retention, ultimately leading to the success
and growth of the business.
03 Some potential issues in these topics are
Reasoning
 It's important to regularly review and adjust strategies to
address these issues and ensure the business remains
competitive and successful and sometimes it is not possible
 If there is a mismatch between HR practices and overall
business goals, inadequate employee engagement and
motivation, ineffective talent management, and poor
alignment with organizational culture.
 Out dated or irrelevant resources, lack of customization for
specific organizational needs, and difficulty in accessing or
navigating the toolkit.

04 reconstructing We have discuss some theories related to the topics

 Business strategy model

 Hr toolkit