The different kind of HR policies along with procedures is essential in nature as they help in providing control, structure and consistency in different organizations. The different HR practices and policies that can be used in the respective organization that will ensure compliances with legislation of employment and this will inform the employees of the different responsibilities (Tan 2015).
The relevant HR policy that could have been used by the respective company in such a manner that will help in reducing the situation that has taken place in the respective organization. The Sick leave along with compensation policy has to be followed by the respective organization that includes the following:
The different provisions that have to be kept in mind while offering different analysis that is as follows:
b)Essentiality of HR policies
The different HR policies is essential in nature in the respective organization in order to bring promote fairness and equality among the employees in the organization. Proper fairness and equity is essential in nature, as this will help in reducing the discrimination among the employees in the organization. Proper human resource management policies are essential in maintaining diversity and provide equal opportunity regardless of the gender, caste background or origin. The equality has to be maintained in such a manner that this will help in providing equal opportunities to all the employees in the organization.
The entire process will include:
Furthermore, in order to generate fairness among the employees in the workplace, different ascertainments have to be made in such a manner that this will generate productivity along with equality in the workplace. The fairness in the organization can be executed by providing compensation to the employees according to their performance in the job. The different kind of fairness can be brought into consideration in the following manner:
In order to generate proper fairness in the workplace, it is essential for the entire organization to create opportunities for the development of the career of the employees in the workplace. The work environment has to be created in such a manner that this will help in providing recognition to the employees. It is the duty of the organization to make the workplace healthier as this will contribute towards generation of higher level of energy and motivate the employees in the workplace. Lastly, the respective organization needs to provide different kind of facilities to the employees in an equal manner as this will help in gaining commitment among the employees and generate productivity as well. The fairness includes transparency and commitment to equity to paycheck such as bonus, medical coverage, sick leaves and pay as well.
Strengths Authenticity and expertise in the methods of baking along with the bakers Established markets in different parts of the world (Goldman and Cropanzano 2015) It has more than 650+ markets globally The training that has been provided to the different bakers and other staffs are uniform in nature in different franchises along with staffs and managers (Obeidat and Abdallah 2014) Handcrafted fresh bread and baked items from scratch of each day |
Weaknesses There is huge competition from other sectors in the market as well that is reducing the market share along with the margins (Matos 2016) There is lack of actual presence in the different emerging markets that includes low awareness (Kundu and Mor 2017) The bakery products are the ones that is perishable in nature and it is suggested that the items has to be sold within a less time as this will help in gaining huge profit in the market |
Opportunities There is proper advancement of technology in the market as this helps in meeting the needs of the customers in an effective manner with new along with improved products in the market Generating their proper presence in the emerging markets Tie ups with different other popular hotel chains as this will help in providing proper opportunity as to gain competitive advantage in the market (Barak 2016) Increasing their presence online as well through different social networking sites that will improve and increase the customer base in a less amount of time (Samara and Arenas 2017) Baking can be done by them on the preferences of the customers and there has to be flexibility in the tasks that is performed by them (de Sivatte et al. 2014) Creation of different business cards as well as other promotional products as this will help in distributing the different needs of the customers in an effective manner Lastly, potentiality has to be increased in such a manner that this will help the bakery to serve the customer in different parts of the world in an effective manner |
Threats There are different international bakery chains that can be huge competition for Greggs There can be different changes in the taste of the different customers in the entire market There is unfavorable growth along with different regulations of the government that can deterring the growth of the bakery When the demand will be huge in nature, then business might not be able to meet the different requirements of the customers in an effective manner Lastly, the simple business in the industry can become part as the entry barriers and this can be huge competition for the respective bakery as well in the future (Snell, Morris and Bohlander 2015) |
From the SWOT analysis that has been conducted on Greggs, The bakers it can be analyzed that the company has different strengths that can be used by them as the opportunities. The core strengths of the company have to be applied in such a manner that this will help the company in reducing the weaknesses and enhancing them as their strengths in the future. The respective company has to equip itself in such a manner that this will help them in enabling their strategies effectively in the competitive market and transform them to generate profit in the market (Armstrong and Taylor 2014).
Furthermore, the opportunities of the respective company have to be applied in such a manner that this will help them in exploring their growth potentials in an effective manner. The growth has to be highlighted by the company as to reduce the threats that can affect their business. The potentiality is essential in nature, as this will help them in solving the different problems that is affecting their business that includes the different competitors in the competitive market as well (Akyuz, Kaya and Ozgeldi 2015).
From the study of the entire module, I have learnt that there are different differences between the business sectors that will contribute towards the economy. I have understood the meaning of the nationalization of the public services that has been compared with privatization of the public services. I have identified the different stakeholder groups in the university that included the staffs, faculty and students in the university. I have analyzed and learnt the interest/power matrix wherein priority has been given preferences in an effective manner.
Secondly, I have learnt that there are different voluntary groups in the country wherein proper process of funding has been learnt by me. I have learned the servings done by the two voluntary groups in such a manner that this helps us in understanding the different tasks performed by me with the help of different government institutions. I have learnt about the political issues that affects the different voluntary groups and their business are ran by them as per their interest. I have identified the different between the different business sectors in such a manner that these contribute towards the economy in an effective and efficient manner.
Furthermore, I have learnt about the different Human Resource policies that can be applied in different companies. The different policies related to HR has to be implemented in the company in such a manner that it will help in analyzing the different benefits applicable to employees. I have analyzed the HR policies relating to the sick pay and leave benefit that is compulsory to be applied in different firms.
I learnt that HR policies relating to sick leave is mandatory to be provided to both permanent and temporary employees who have been working with the organization for a year or so. The different assessments are required to be made by the company in such a manner that it helps the employees to enjoy the different benefits in an effective manner. I have learnt about the HR policy relating to fairness and equality in the workplace that has to be maintained.
The proper equality is required as discrimination can lead to issues in the performance of the employees and affect the productivity of the organization as well. Similarly, I have understood that fairness is required to be maintained in the workplace, as this will help in maintaining peace and unity in the workplace. I noted that the fairness includes proper generation of compensation, sick pay leaves and no discrimination at the workplace.
I have learnt the usage of SWOT model in an effective manner as this helped me in understanding the different strengths, weaknesses, opportunities and threats of the company. From the SWOT analysis of the Greggs bakery, I have seen that there are different threats and weaknesses of the company that can be removed with implementation of the strengths and opportunities in an effective manner. From the analysis, the strengths have been diagnosed and this helped in understanding the different applicability in the bakery business.
From the entire module, I have analyzed that Human Resource policies is essential in nature as this helps in generating proper equality and fairness among the employees in the workplace. I have learnt that fairness and equality has to be maintained in such a manner that this helps in solving the discrimination among the employees in the workplace. Lastly, I feel that Human Resource strategies are essential in different organizations as this helps in maintaining equality among employees. The SWOT analysis is required to be maintained as this helped me in identifying SWOT of the company.
References
Akyuz, B., Kaya, N. and Ozgeldi, M., 2015. THE EFFECTS OF HUMAN RESOURCE MANAGEMENT PRACTICES AND ORGANIZATIONAL CLIMATE ON TURNOVER INTENTION: AN EMPIRICAL STUDY IN TURKISH BANKING SECTOR1. IIB International Refereed Academic Social Sciences Journal, 6(17), p.48.
Armstrong, M. and Taylor, S., 2014. Armstrong’s handbook of human resource management practice. Kogan Page Publishers.
Barak, M.E.M., 2016. Managing diversity: Toward a globally inclusive workplace. Sage Publications.
de Sivatte, I., Gordon, J.R., Rojo, P. and Olmos, R., 2014, January. The Impact of Work-life Culture on Organizational Productivity Mediated by Work-Life Programs. In Academy of Management Proceedings (Vol. 2014, No. 1, p. 10223). Academy of Management.
Goldman, B. and Cropanzano, R., 2015. “Justice” and “fairness” are not the same thing. Journal of Organizational Behavior, 36(2), pp.313-318.
Kundu, S.C. and Mor, A., 2017. Workforce diversity and organizational performance: a study of IT industry in India. Employee Relations, 39(2), pp.160-183.
Matos, C., 2016. The Role of Human Resource Management in Organizational Entrepreneurship. Theory and Applications in the Knowledge Economy, p.366.
Obeidat, B.Y. and Abdallah, A.B., 2014. The relationships among human resource management practices, organizational commitment, and knowledge management processes: A structural equation modeling approach. International Journal of Business and Management, 9(3), p.9.
Samara, G. and Arenas, D., 2017. Practicing fairness in the family business workplace. Business Horizons, 60(5), pp.647-655.
Snell, S.A., Morris, S. and Bohlander, G.W., 2015. Managing human resources. Nelson Education.
Tan, M.W., 2015. Workplace gender equality in Kedah: An exploratory analysis (Doctoral dissertation, Universiti Utara Malaysia).
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