This report discusses the recruitment approach of FedEx, key approaches to IHRM recruitment, cultural factors influencing those practices, issues faced by FedEx, and external factors impacting HR policies and procedures. It also includes a PESTLE analysis and recommendations for the organization.
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HRM & Global Business Environment report
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Contents INTRODUCTION...........................................................................................................................3 TASK...............................................................................................................................................3 Give a brief introduction of the case study and the company’s approach to recruitment............3 Identify and examine the key approaches to IHRM recruitment and identify cultural factors which influence those practices in different countries................................................................4 Identify and examine in detail the issues FedEx is facing as well as external factors that might impact HR policies and procedures in FedEx..............................................................................5 Recommendation.........................................................................................................................7 CONCLUSION................................................................................................................................7 REFERENCES................................................................................................................................9
INTRODUCTION The global environment of commercial business is fluctuating in a rapid way and there are several types of the potential opportunities for the commercial business in order to attain success and growth in the market area. Digitalization is one of the most crucial factor as well as opportunity for any type of the business in order to accomplish their goals and objectives efficiently and effectively. In addition to this management of human resource means to the strategic method to the effectual and efficient managing of the people in the company in the specific manner which provide assistance to the company in order to have the edge over their competitors. Human resource management is crucial because organization cannot be more capable to hire as well as retain the workers in the company into Effective way (Tendayi, 2022). The following report is based on the organization FedEx which is the multinational organization of America that basically concentrate on several different ecommerce and transportation services globally. In addition to it the following report will cover about the brief detail regarding the specific case study and the approach of the organization in order to recruit people, vital methods to international human resource management recruitment and detecting the factors of culture that effect such activities in several nation and also external elements which might influence the policies of human resource as well as procedures in the respective organization. TASK Give a brief introduction of the case study and the company’s approach to recruitment TherespectiveorganizationFedExhasutilisedmultitudeofdifferentindependent contractors for some time in which various of them are single vehicle outfit or single drivers In order to improve the services of delivery and the organization has also cherish several developed success utilizing this type of business model (Mantzaris,and Myloni,2022). In this contractor need to pass common test for pre employment which is beneficial for the drivers that are having acceptable records and also having the suitable vehicle for supplying the product. These drivers should also sign a contract for non negotiable which particularly states the nature of working bond with the respective organization FedEx. The organization also set several basic strict standards which link to the vehicle maintenance and function as well as its appearance. Selection
as well as recruitment is also mandatory activity for the manager of human resource in the company the leader or manager is not accountable for recruiting the people in order to fill the weekend places in the organization but they are also required to monitor the entire welfare of their workers (Management_1, and Sukkar, 2022). Hence The managers of the human resource basically focus on looking for the suitable workers for the organization betterment so that they can become one of the most valuable resource for the company also. It also becomes more complex in order to detect search experts and skilled staff in current dynamic market conditions because of lack of vital work force. They also require higher incentives as well as wages and also suitable environment of working and current market is basically getting more influenced with extreme level of rate of interest, inflation as well as lack of resources. Every of these elements have the major influence on getting the effectual policies in order to attract more experienced and talented workers towards the organization and offer them they are suitable contribution. Identify and examine the key approaches to IHRM recruitment and identify cultural factors which influence those practices in different countries The hiring as well as recruitment needs effectual method in accordance to be the effective manager of human resource for functioning in the current market situation. One of the main method of recruitment as well as selection is theory of human capital that represents a person which has several different capabilities and competencies that makes a person more valuable resource for the company(Kumar, and Chakraborty, 2022). In addition to it this specific theory states that initially in the US the Fedex’s human resource to evaluate and identify the most required set of capabilities in the people in order to drive and enhance the performance level of the company.It cost to make specific plan of action and methods by which identification of the skills can be done before recruitment of a candidate. In addition to this the other theory is regarding the social capital that represents in which how much communication can be done in the company. Several different organizations has several different rounds of interview and group decision in order to evaluate the communication as interpersonal skills of the people in order to manage the collaboration in organization. The mean and crucial reason of this theory is to evaluate if the person is more able to provide assistance to the model of the business as well as dynamic environment of the working.
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As in the London, the management of the FedEx totally work with the assistance of the study and evaluate all the workers and attitude as well as be give your end personality of the people and also set of skills of a person by taking several different aptitude test as well(Klešković, 2022) Key approaches to IHRM Ethnocentric approach- In this type of the Approach every vital position it basically the nation which is the host subsidy are actually filled by the people from the parent organization. The imposed policy assist in making the international strategy which is beneficial for the organization for the long period of time. Regiocentricapproach-Itbasicallydividesitsfunctionintoseveraldifferent geographical areas shift the working force in the particular place. If the organization is having its operation in different countries then employee can be sent to different location as well. Identify cultural factors which influence those practices in different countries Cultural preferences- Every international market have different type of requirements add desires regarding the product as well as services which involves food, quality as well as brands. The different meaning of the iconic features, shapes as well as colors can also have different cultural importance. Languages- The different languages are spoken are used in the nation have the influence on its marketing strategy, names as well as collection of different data and information with assistance of interviews as well as surveys, marketing and the operations of the business. Identify and examine in detail the issues FedEx is facing as well as external factors that might impact HR policies and procedures in FedEx Add the level of organization the methods as well as structure of the human resources very essential in accordance to have the effectual outcomes. In addition to eat the methods of human resource basically means to the techniques that are of the nature of fundamental which managers and leaders of human resource executive in according to usher regarding the suitable life cycle of the worker and also the experience of the work as well(Kalei,Arasa,and Achuora, 2022). There are several methods of human resource that involves planning of human resource, remuneration of the employee, advantages of administration, management of performance as well as relations of the workers and many more.
PESTLE analysis Management of the FedEx utilizes this type of framework which basically assist in evaluating the external elements of the organization that has major effects on the operation along with it’s long term sustainability. This framework of respective organization is described in brief. Political Factors- Operations of the FedEx almost functions in more than 200 nations so the political stability of all the respective countries is very crucial for the commercial business in order to grow suitably in the market area. Instability in politics can lead to economic chaos of the organization as well as of the nation the entire management of supply chain of the organization will also get hampered. In addition to it the level of corruption of In the operations and organization essential element also. Economic factor- Entire world recession that leads to the economic decrease in all the nations affected every business organization in all the industry as well.Commercial businesses need to be very Conscious regarding the exchange rate and any other different factors which are interest rate in. Many more because it basically function in different places around the globe. In addition to this labour laws as well as rate of unemployment also leads to the taking several decision technically(Jahan, 2022). Social factor-Social image as well as social media crucially black essential for the organization in current period of time as every business organization desires to possess optimistic socially responsible reputation in the market area in which it is Operating. All the activities as well as actions which are taken by the organization must done it in this specific way which basically fulfil their requirements in desires of their consumer base . Management of the FedEx needs to altering services in accordance to their consumer ways which can assist them in having the edge over their competitors as well and also can lead to increase in their goodwill. Technological factor-In current time period technology is a very crucial element which the commercial business need to modify in its operations and functions. Adaptation of the latest tech is required to if actually accomplish the goals and objectives of the company in order to have more success and sustainability in the market area. In relation to the respective organization FedEx management has focused on investing more and more investment and capital in its technology advancement in which blockchain is known to be
developing tech in it. This also has the major application in several fields of business but it is very useful for the respective organization unit supply chain management as well. Legal factor– With advancement in the technology leads to more revenue which the commercial business is making lazerow some chill factor as well. Several impulse policies and regulation by the diesel authorities of the particular market area which are related to safety of the workers, safety of the consumer, environment laws and many other laws which the respective organization FedEx needs to obey and make their operations that are suitable for it (Gomes, and Santos, 2022). Environmental factor– Management of the FedEx has adopted several different solar energy plant in which is there any minimising the utilization of the natural resources that leads to there long term growth as well as stability because of higher goodwill in the market. Recommendation From the above section of report it has been recommended that, in the current situation of the pandemic COVID-19 at the time when the economy of the organization is encountering a major decrease in the operations as well as intergrowth so the company is in actual requirement of expert and skilled people. By this system, management should adapt effective terms of policies and as well as strategies that will be beneficial for the respective management and support the business to sustain in the field of market place for longer period of time. By promoting and as well as advertising the business of management on global level it will be more easy for the respective business of FedEx, to manage their goodwill or image at global level. CONCLUSION From the above report it has been concluded that management of human resources the very crucial part in the betterment and success of the organization. In addition to it the operations of the management of human resources very essential at the organizational level as well. This has also been understood that there are several operations of the human resource management that
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involve Several type of the practices which involves providing proper training and development, compensation, rewards, recruitment in selection in various more. Moreover to this it has also been monitored that in order to maintain the performance and productivity level of the company this is very crucial in order to utilise suitable type of the technique which is related to the recruitment as well as selection.
REFERENCES Books and Journals Gomes, D.R. and Santos, M.J., 2022. Designing an Interactionist Approach for Sustainable HRM: Might the Borders and Overlaps with Internal Communication Lead to a Common End?. InSustainability and Intelligent Management(pp. 21-39). Springer, Cham. Jahan, T., 2022. Impact of COVID 19 on HR Operations in Banking Sector of Bangladesh. Kalei, A., Arasa, R. and Achuora, J., 2022. Green Human Resource Management Practices and Environment Sustainability: From Empirical Evidence. Klešković, N., 2022.Green HRM and Job Pursuit Intention(Doctoral dissertation, RIT Croatia). Kumar, P. and Chakraborty, S., 2022. Green service production and environmental performance in healthcare emergencies: role of big-data management and green HRM practices.The International Journal of Logistics Management. Management_1, T. and Sukkar, A., 2022 Sustainable Human Resource Management. Mantzaris, K. and Myloni, B., 2022. Human vs technology: a cross-cultural comparison of HR professionals' perceptions.International Journal of Manpower, (ahead-of-print). Tendayi,R.,2022.RethinkingHumanResourcesManagementInAComplexContext: Proposing Systemic Human Resources Management (SYS HRM). Vrontis, D., and et.al., 2022. Artificial intelligence, robotics, advanced technologies and human resourcemanagement:asystematicreview.TheInternationalJournalofHuman Resource Management,33(6), pp.1237-1266. Yong, T.C., 2022. Literature Review On The Role Of Human Resource Department To Arrange MotivationalProgramForTheAirlineStaffToManageDailyChallengeIn Malaysia.Journal of Positive School Psychology,6(3), pp.6114-6122.
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