Business and technology qualifications, Levels 3-6, in Brussels. Explore qualifications
Portal login
Level 5 Diploma in Accounting and Business

External Factors Affecting HRM

AB505 · The Management of Human Resources — Week 7 of 16

CourseAB505
Week7 of 16
SemesterII
TutorOnline in the course chat

This week’s topics

External Factors Affecting HRM

  1. Employment law and regulatory frameworks
  2. Demographic trends and labour market supply
  3. Macroeconomic pressures and inflation
  4. Socio-cultural shifts in work expectations
  5. Environmental Analysis and HRM
  6. Labour Flexibility and PESTLE
  7. HRM CH02--Trends in Human Resource Management

What you will be able to do

  • 3.2 Compare the external factors which affect human resource management.

Activity

Start with this week’s 3 videos, then: Seminar, guided reading and a short written task: compare the external factors which affect human resource management.

Study materials

Videos

  • Environmental Analysis and HRM · YouTube · Galton College · 40 min · for registered students
  • Labour Flexibility and PESTLE · YouTube · Galton College · 59 min · for registered students
  • HRM CH02--Trends in Human Resource Management · YouTube · William Obenauer · 24 min · for registered students
  • What Work Disappeared? COVID-19 and Labour Market Outcomes for the Under 25s | LSE Festival · YouTube · LSE · 10 min · for registered students
  • Good jobs, bad jobs in the UK labour market | LSE Event · YouTube · LSE · 88 min · for registered students

Further resources

  • Human Resource Management, ch. 2: Developing and Implementing Strategic HRM Plans · PDF · Saylor Academy, textbook chapter; pp. 36–63 · for registered students
  • OECD Guidelines for Multinational Enterprises on Responsible Business Conduct (2023), ch. V: Employment and Industrial Relations · PDF · Oecd, guidance; pp. 28–32 · for registered students
  • Organizational Behavior, ch. 2: Managing Demographic and Cultural Diversity · PDF · Saylor Academy, textbook chapter; pp. 33–83 · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.
Course chat

Admitted students ask questions on this week’s page in the student portal: an AI assistant trained on the course answers first, and during the course’s timetabled classes Connect to your tutor brings your tutor into the chat, who may start a call if needed.

Open this week in the portal
Course plan
  • Week 1: Evolution of Human Resource Management
  • Week 2: Purpose and Objectives of HRM
  • Week 3: Operational Functions of HRM
  • Week 4: Strategic Functions of HRM
  • Week 5: Strategic Alignment of HRM and Business Strategy
  • Week 6: Internal Factors Affecting HRM
  • Week 7: External Factors Affecting HRM
  • Midterm: Midterm evaluation
  • Week 9: Technological Advancements in HRM
  • Week 10: Contemporary Workplace Initiatives
  • Week 11: Sustainable HRM and Future Trends
  • Week 12: Applying The Management of Human Resources in practice: cas…
  • Week 13: Assignment workshop: research, planning and referencing
  • Week 14: Assignment workshop: drafting, feedback and improvement
  • Week 15: Review and coursework completion
  • Final: Final assessment and submission
Back to the course
Scroll