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Human Resource Management of Oz Newspaper

   

Added on  2021-04-21

6 Pages1423 Words30 Views
Political Science
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Running head: HUMAN RESOURCE MANAGEMENT HUMAN RESOURCE MANAGEMENT Name of the StudentName of the UniversityAuthor note
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1HUMAN RESOURCE MANAGEMENT1.Ted Kimoski, the Chief financial officer of Oz newspaper just finished thepresentation. According to the case study Oz, newspaper is going through a toughphase. They are bearing a huge loss in the market and the stakeholders are not happywith the marketing strategy of Oz newspaper. According to John Campbell thegeneral manager of Oz newspaper, the company is facing problem due to the productcost. The printing cost and the distribution cost for Oz newspaper is highest among itsrivals. Other than that, Oz newspaper is also facing the problem of very poorproduction rate and high costs of labour. According to Paul Jaworski the editor inchief, the printing operations should be rationalised. Paul also mentioned that theyshould reduce the number of employee so the labour cost can be minimised. The HRmanager of Oz newspaper May Wong has stated that, the lack of labour flexibility isone of the main reasons for poor productivity. The union laws and restrictions isbecoming a barrier for work efficiency. Labour turnover and employee absenteeism isa common issue for the company and it is creating a major problem in the productionrate (Dorothy, 2017). Paul Jaworski also mentioned that the employees are not at allmotivated and having regular conflicts with the management. Ted discussed that thenewspaper industry is shrinking which is evident from the decreasing sales and therevenue from advertisement (Dlugolecka, 2017). Ted also emphasise on the fact thatthey should focus on online platform and apply digitisation. 2.Oz newspaper has many union related issues that not only create conflict but it alsoreduces the production of the organisation. The main cause of the union related issueis that the employees are less motivated. Conflicts between the workers and themanagement are a common in Oz, which is degrading the work environment andcreating a negative working environment (Hisam, 2017). Employee absenteeism isanother reason of concern. Many other organisations faced this employee absenteeism
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2HUMAN RESOURCE MANAGEMENTproblem in the past and this creates a huge difference in production of theorganisation. Another problem that Oz organisation is facing is the problem of labourturnover. Oz is facing problem in retaining the employee. However, these problems can be solved if the company follows some rules orimplement some strict policy. The company should implement strict attendance policythat every employee should maintain. Company should include programs that aim atemployee’s health betterment. This type of program will reduce the stress of theemployee and will increase their productivity. Company should understand that employeemay face some issues in that case the company should reschedule their shift to anothertime or day. Company should work on employee satisfaction by introducing incentives,which will motivate the employee to work hard. Good attendances should be rewardedwhich will reduce the employee absenteeism. The company should understand the issuesthat the employees are facing which will reduce the conflicts. Organisation shouldorganise frequent meetings with the union to understand their problem and minimisingthe problem. HR should provide proper training to the employees that will increase theproduction rate. 3.The environment factors that plays a vital role in Oz newspaper can be analysed withthe help of PEST analysis:Political factors: The effect of political reform on this industry is as effective ason the individuals. A terrorist attack, a sudden resignation of government leadersor union elections can alter the political environment and gains attention from thereaders. One such example is U.S. presidential campaign of 2008, which created abuzz in the different parts of the world and increased the readership (Hmielowskiet al., 2017).
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