This document discusses the challenges and strategies of global human resource management (HRM). It covers topics such as recruitment and selection, employee exchange programs, and creating a sustainable value chain. The importance of HRM in achieving organizational goals and ensuring smooth operations is also highlighted.
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GLOBAL HUMAN RESOURCE MANAGEMENT Page1of6
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Question One: Opening 100 stores in China means huge tasks and responsibilities for the HR managers. The company, in the given case, is intending to expand globally. Such initiatives may call for the formulation of efficient global HRM policies. According toKaufman(2015), it will become the duties and responsibilities of HR managers of the company to recruit employees from China only. In other words, there should be formal recruitment and selection process embedded within the policy manuals of the company. For the purpose, necessary documentation and formalities may need to be performed in terms of preparation of job description, the invitation of a job application, background checking, fixation of compensation and related takes. In this context, it may also be noted that while presiding these actions, the HR managers must keep in mind the country's relevant regulations with respect to the compensation level and working hours and related other legal factors that may affect the HR policies of the firm from the perspective of the country itself. In addition, there should be a formal training procedure which will help the induction of new recruits and absorb them within the company's workforce. In this case, also, the HR managers need to consider the organisational culture and prepare the relevant policy manuals for workplace diversity that will ensure inclusion and hence smooth functioning for all the employees Question Two: HR process may be conceived to be a costly affair as the various components of the HR process requires an investment of time, effort and money. Starting from recruitment and selection to careerdevelopmentandperformanceappraisalincludingretirementbenefits,allthese components are needed to strategize in order to create a sustainable and efficient HR policy sets Page3of6
for a company. A low-cost company would try to minimize the costs that may be postponed or done away with from the organisation's long term objectives point of view. For example, a low- cost company will recruit employees at a lower level of compensation. It is needless to mention that such a proposition may not prove to be cost savings as the salary range may oust the companyfromthecompetitivelabourmarket.However,Lakmal(2014)statedthatcost leadership in HR process does not only mean low-cost labour, but it also denotes the lower investment towards the training and development initiatives and stringent leave policy including stricter regime in employee benefit segment as well. Question Three: Recruitment and selection process is difficult and success critical for a company as the effective selection and induction ensures operational excellence and vice versa (Al-Kassem, 2017). If right candidate is not being recruited in tight place or position, the business may not be able to utilise their potential their fullest potential which may lead to adverse effect on the performance of their function further leading to difficulty in operation. In the given case study, it may be observed that the company is facing issues with respect to recruiting the right candidates for job roles. It may so happen because the company, in the given scenario, is on the high volume of a recruitment drive and the focus had primarily on graduates who may not always be efficient as far as specified roles are concerned within the organisation. Moreover, the company, as stated earlier, is adopting a low-cost strategy towards recruitment which automatically creates a skill deficiency issue for the firm. That is the reason the firm is not getting suitable candidates for the jobs they are hiring for. Page4of6
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Question Four: In the given scenario, the company is intending to create a global portfolio of employees so that employees from one country may be able to work for the firm's office in another country. In other words, there needs to be a employees exchange program in which all the employees from different countries and departments may exchange their roles and responsibilities do that such skill exchange positively contributes towards the sustainable operation of the company in the long run. In addition, it may also be stated that such portfolio significantly affects the employee's motivation level as well that further enhances their productivity (Pylat, 2016). Such an exchange program may need to be strictly regulated by the country's labour acts and controlled efficiently by HR managers in order to make it successful. Question Five: The company is placed strategically in the market in terms of its offering and value proposition. The management intends to provide the customers with unique user experience and thereby enhancing loyalty towards the brand. I'm doing so, the primary focus remains on creating a sustainable value chain and service line which the stakeholders will be benefited from by way of user satisfaction and competitive pricing. In this context, it may be noted that HRM managers also need to play a crucial role here in creating a sustainable value chain for employees and other stakeholders as well. HRM managers may need to ensure smooth transitioning of cultures by assimilation of cultural difference and hence create an organisational culture of inclusion and diversity as well (White, 2016). Finally, it may be concluded that a well structured and pre- planned global HRM strategy sets supported by efficient and visionary management and leadership will significantly contribute towards the achievement of organisational goal towards sustainable operation on most cost and time efficient manner for the long run. Page5of6
References: Al-Kassem, A. (2017). Recruitment and Selection Practices in Business Process Outsourcing Industry.Archives Of Business Research, 5(3), pp. 78-96 Kaufman, B. (2015). The RBV theory foundation of strategic HRM: critical flaws, problems for research and practice, and an alternative economics paradigm.Human Resource Management Journal,25(4), pp. 516-540 Lakmal, D. (2014). Managing the Challenge of Generational Diversity in the Workplace.SSRN ElectronicJournal, 6(10), pp. 89-110 Pylat,N.(2016).ExpectedHRcompetencies:whatdocompanieswantfromHR managers?.Educational Reflective Practices, (1), pp. 67-85 White, P. (2016). Appreciation at Work training and the Motivating by Appreciation Inventory: development and validity.Strategic HR Review, 15(1), pp. 20-24 Page6of6