- Critically analyse how the political and economic macro factors impact on management choices in HR strategy in a commercial organisation. Critically review the influences from the external environment in answering the question. OR 2. Compare and contrast best fit (contingency) and best practices (universalist) approaches to SHRM. Drawing upon the key assumption of these approaches, evaluate the suitability of each approach in helping HR contribute to successful organisation performance. Essay 1 - Very brief definition of HR strategy and what are Political and Economic factors in a macro (strategic) sense. A brief discussion of management choices i.e. those things within the control of the organisation. Explain how a commercial firm has less/more control of macro factors. Outline the main Political and Economic macro factors that affect HRM by showing how a company has responded which you then develop as an argument. Evidence of research into appropriate sources. Essay 2 - Brief description of both models using appropriate academic sources. Clear focus on the similarities and differences. A clear choice of one model and application to a commercial organisation. Development of an argument as to how and why the chosen model applies. Evidence of research into appropriate sources. Mere reiteration of the assumptions of the theories will not be sufficient. It is expected that the theories are evaluated, based on the extent to which their implementation would help HR to contribute to organisational performance Demonstration of clear understanding of the two theories is very important Use of examples to illustrate your arguments in highly recommended Focus on depth not breadth Evidence of critical analysis is required Evidence of wider reading (text books, academic journals, etc) These should be correctly referenced according to the Harvard convention Be aware of the assessment criteria.
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