Assignment Instructions/ Description
In an approximately 500-word response, complete the following:• Critically analyse the notion of aligning human resource management policies and practices with business strategy, including the benefits and challenges of different approaches HR leaders can take to achieve this alignment.• In formulating your Key Concept Exercise, consider the following questions:o What are the advantages and disadvantages of the ‘best practice’ and ‘best fit’ approaches (Armstrong, 2006; Boxall& Purcell, 2011) as a means of linking business strategy and HRM?o How could using one of these approaches to the selection of HRM practices aid in the creation of an HR strategy for the organisation?o What other aims should HRM have in addition to aligning with business strategy?o What has been your experience in organisations regarding the alignment of HRM and business strategy? What aspects of concepts presented in your readings have you observed or experienced?
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