Strategic Management of HR Essay Example | Topics and Well Written Essays - 1750 words

Strategic Management of HR - Essay ExampleThis paper will front a short report on this company from theoretical perspectives on SHRM while focusing on external factors based on information in stock(predicate) in the companys website and other literature sources before identifying some key challenges and proposing recommendations to tackle those challenges along with concluding opinions. 2. The Walt Disney Company As per their website, the Walt Disney Company and its subsidiaries stem is a world leading international family entertainment and media enterprise with five business segments media ne cardinalrks, parks and resorts, studio entertainment, consumer products and interactive media. Disneys vision statement is To rent people happy (Plenert 2002 77), and this they wish to accomplish through their mission, which states, To be one of the worlds leading producers and providers of entertainment and information. Using our portfolio of brands to differentiate our content, services a nd consumer products, we seek to develop the most creative, innovative and profitable entertainment experiences and related products in the world, (Erling, 23). ... hile strategic management models strive to address companys internal and external factors, the external factors tin out even before starting a business and also throughout the life troll of the business. 3.1 Life cycle model Considering the life cycle model, put forth by Sisson and Storey (2000 cited Marchington & Wilkinson, 2005), Disney can be categorized in the maturity phase after its rapid growth into locations worldwide during suffer decade its standardized policies and procedures have been translated to suit the local fills and obligations. Although Disney continues to acquire and grow, its growth strategies seem to be in saturated markets, considering the evolution of advanced engineering science and systems, favourable economic conditions and regulations, which in turn are only sufficient to sustain its bus iness. The recent acquisition of Lucasfilm and all of its franchisees, which has not only added greater grade to Disneys brand but also increased its share value in the US market (Cieply, 2012) also indicates that the company still continues to grow and protract while maintaining its standardized policies. The life-cycle perspective shows Disney fluctuating between growth and maturity phases. Resistance to change, adaptability of old strategies to new conditions and employee motivation and commitment are common issues that need to be addressed. 3.2 Harvard model Gaining an understanding of the external factors is crucial for strategic decisions that can eventually spell the success, or performance of the organisation. The Harvard strategic management model, proposed by Beer and his associates (1984, cited Marchington & Wilkinson, 2005) identifies two critical factors that influence management, namely, situational and stakeholders interests, with the former