Discrimination law Health and safety law Environmental factors refer to ecological and environmental aspects such as weather, climate, and climate change. Climate change is a hot topic these days and organizations are restructuring their operations thus giving space to innovation and concept of Green Business. This helps in the strategic planning and gaining the competitive edge over the other firms in that industry. This analysis can not only be used for an organization as a whole but various departments can also be inspected under this framework.
Tax policy; environmental regulations; trade restrictions and reform; tariffs; political stability Economic: Cultural norms and expectations; health consciousness; population growth rates; age distribution; career attitudes; health and safety Technological: New technologies are continually emerging for example, in the fields of robotics and artificial intelligenceand the rate of change itself is increasing.
Global warming and the increased need to switch to sustainable resources; ethical sourcing both locally and nationally.
By analysing those factors, organisations can gain insight into the external influences which may impact their strategy and business decisions. It allows HR and senior managers to assess any risks specific to their industry and organisation, and use that knowledge to inform their decisions.
It can also help to highlight the potential for additional costs, and prompt further research to be built into future plans. This means following these steps: Identify the scope of the research.
It should cover present and possible future scenarios, and apply to areas of the world in which the business operates. Decide how the information will be collected and by whom.
Data gathered is often more rich in content when more than one person contributes to collecting it. Identify appropriate sources of information. These could be stakeholders looking for HR to address specific issues or current policies that require updating. Please see our practical, ready-to-use template below.
Identify which of these factors listed above are most important or could cause issues. Identify the business specific options to address the issues, as demonstrated in the example template. Write a discussion document for all stakeholders. Disseminate and discuss the findings with stakeholders and decision makers.
Decide what actions need to be taken, and which trends to monitor on an ongoing basis. Organisations that regularly and systematically conduct such analyses often spot trends before others, thus providing competitive advantage. Human Resource Management 04/26/ Human Resources Human resource management (HRM) entails the effective utilization of human resources within an organization by managing people or employee-related activities.
HRM is a comprehensive and strategic approach for managing employees and the work place environment and culture.
the poloitical, economic, social and technological factors could affect the human resource strategies. political- in terms of govt rules and regulations .
The Impact of the Public Service Reform Programme on Human Resource Development. Words Mar 28th, 47 Pages. CHAPTER ONE INTRODUCTION 1.
HISTORICAL BACKGROUND OF THE PUBLIC SERVICE REFORM PROGRAMME Pestle Impact on Human Resource Words | 6 Pages. Hr Policies And Procedures With Pestle Business Essay. Print Reference this. Disclaimer: PESTLE which stands for (Political, Economic, Social, Technological, Legal and Environmental) are useful tool in measuring the business environment.
this does not have huge impact on affect Tesco Human Resources and its procedures, with . When it comes to human resource management there are several factors that affect day-to-day operations.
Adapting in this field is important because at a moments notice new legislation can be passed with an immediate effective date or corporate polices are changed where human resources .
The most carefully laid human resource plans can be affected by internal and external change anytime, so forecasting and flexibility are essential for effective planning and adapting as required.