Assignment Essay Development Step1 : Identify a publicly traded ( company or corporation) and the goods or services the company produces. Step2: You will have to decide on what aspect of the...

Running Head: COLLEGE ESSAY                                1
COLLEGE ESSAY                                        2
COLLEGE ESSAY
Table of Contents
Introduction    3
Rationale of Strategic Human Resource Management at Woolworths    3
Company Background and Overview of HRM    3
Roles and Functions    4
Planning and Execution    4
Management of the Performance    5
Setbacks in System    6
Conclusion    6
References    8
Introduction
In a growing business world of today, the organizations thrive to evolve through the rigorous investments done in human capital. The structuring and functioning of the human resource department largely depends upon such factors. To define human resource in the modern context, it is the perfect management, planning and organization of the human capital to ensure that all degrees of positive enablers to earn profits are at work (Kasanagottu & Bhattacharya, 2018).
The companies now days look at strategic human resource as their primary factor of growth and survival; it is the excellent management of the human capital that gives advantages in the highly competitive business environment of modern times. The following is an analysis of the human resource management at strategic level of Woolworths, one of the top retailing and wholesale brand that sources its business from Australia as the host nation.
Rationale of Strategic Human Resource Management at Woolworths
At first, it is important to note here that behind the success of Woolworths as the international brand, the management of human capital, the staff and employees by human resource department, becomes significant to review as the important link to this global success (Nankervis, Baird, Coffey & Shields, 2019). Woolworths has positioned itself as an international brand and it is all due to the perfect human resource management and an implication of precise strategies to improve the working conditions for employees.
These strategies are more like directives that encourage employees to be more productive and positively charged to work in an enthusiastic environment (Bansal, Jain, Garg & Srivastava, 2020). It is implied by these strategic frameworks that they work at the ground level to keep Woolworths firmly rooted. It is because of these implications that Woolworths has so far gained successful market position not only at national but also at international level.
Company Background and Overview of HRM
Founded in 1924 by Ernest Williams and others, the establishment of Woolworths is one of the significant moves in the process of Australian industrial expansion. The company has proved its excellence by maintaining market position and brand value for over ninety years as of now. In the last few years, after having successfully managed to open retail outlets in all major Australian cities, the company is now at the verge of having international expansion (Buyukozkan & Gocer, 2018).
It is because of the strong building up of the supply chain network along with keeping the consistent investments in the human resource and human capital at strategic level on high priority. In the context of expanding business overseas, the company needs to expand its staff management premises; the new assigning roles will be given to the employees who will require management of the newly opened branches effectively.
Additionally, what makes Woolworths’ strategic HR management excellent is the adherence of the organization towards making new policies and guidelines, as per the requirement of the market. The evolution of market has changed position of the company since 1924 and it is still evolving. The significant aspect of the human resource planning is that it has always been updated and employees are given kept well informed about the new updates that must be implied in the organizational culture (Kasanagottu & Bhattacharya, 2018).
In this context, the role of an HR manager is utilizing the best available tool to assess the current strategies of human resource and the way; they can be improved with the help of the advanced tools. The changes in the...