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3 pages/β‰ˆ825 words
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Style:
APA
Subject:
Management
Type:
Essay
Language:
English (U.S.)
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Topic:

IKEA's Strategic Human Resource Plan in line with Sustainable Strategy

Essay Instructions:

Write a 750-1,000 word strategic human resource management plan. The purpose of this assignment is to simulate the thought process managers use to connect unit goals with organizational strategy. The students are not expected to produce a detailed strategic plan (which in actual organizations can exceed 100 pages). Rather, the expectation is that students demonstrate consideration of the multiple complexities involved in strategic planning.
The assignment is centered on the strengths, weaknesses, opportunities, and threats (SWOT) model of analysis, and the specific, measurable, achievable, relevant, and time-bound (SMART) model of goal setting.
Select an organization to research that has a description of the organization and necessary information available to conduct a SWOT analysis and develop SMART goals.
The Strategic HRM Plan should be in the form of a professional report. There is no single, correct manner of presentation. Critical and creative thinking is expected. The formatting is secondary to the content and application of knowledge. However, the proposal should be organized in a readily comprehensible manner that conveys a thorough understanding of course objectives. Graphics, bulleted lists, and charts are acceptable. Include the following:
Introduction that outlines how the human resource goals support the organizational goals.
Summary of the organizational description.
A SWOT analysis.
Three human resource goals that fulfill the SMART criteria.
Alignment of human resources goals and strategic plans.
Proposal for a job design initiative or an organizational hiring goal to meets the needs of the human resource goals and organizational goals.
A conclusion that summarizes the highlights of the plan is presented.
Incorporate three to five resources (including your textbook) to support your Strategic HRM Plan.

Essay Sample Content Preview:

IKEA's Strategic Human Resource Plan in line with its Sustainable Strategy
Student's Name
College
Date
The Human Resource unit is central to the success of any organization. For the sustainable goals of IKEA to be implemented, the Human Resource department should evolve and diversify in line with its mission vision and objectives. It will ensure they provide the organization with a reliable and competent workforce by planning strategically and developing a sustainable HR plan. They should guarantee the organization efficient recruitment, training, hiring, promoting, and retaining the workforce. A positive connection between the organization's success and input ensures that IKEA sustainable goals are achievable. The essay evaluates IKEAs Human resources strategies in line with their 2018 viable strategy.
IKEA started as a small company providing household goods to its few customers in Älmhult town where it was founded. Years later, it has evolved into a well-known home furnishings brand in the world, employing thousands and transforming homes, as we knew them. IKEA prides itself in working day and night to ensure their customers get well-designed and functional home products that are affordable and ecofriendly. They can attribute their success this far to enthusiasm, hard work, and above all, their innovative nature. Since the inception of the sustainable strategy, the company has undergone tremendous changes and growth. IKEA's vision remains to create a better living for everyone. The commitment to making their business people and planet positive is impressive and admirable with sustainable programs such as recycling waste and renewable energy.
IKEAs strength lies in its innovative nature that endeavors to come up with new affordable products that are eco-friendly and functional. Amidst the growing completion around the world, innovation practices are the only way to maintain long-term prosperity (Standing et al. 2016, p.45). The innovation nature has led to an excellent relationship with customers, workforce, and suppliers, improving the brand significantly. The greatest weakness is ensuring quality at low cost while maintaining a competitive advantage. The market is challenging when people would instead buy real quality wood that saving nature. Maintaining quality at a low price is quite tricky. An opportunity lies in the online world as IKEA seeks to increase its market presence. It entails the proactive improvement of the online presence and marketing of the product. The ever-intensifying completion is the biggest threat to long-term goals. More companies are tapping into environmentally friendly products, plus those selling quality real products that still have a considerable following.
Growth opportunities are numerous but can only be evaluated by creating practical Human Resource...
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