Development of Standardised Human Resource Practices : Case Study on Aviva Life Insurance
Added on 2020-06-04
12 Pages3247 Words82 Views
Leadership ManagementLanguages and Culture
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Research Proposal
ContentsResearch proposal............................................................................................................................3Background of the study..............................................................................................................3Aim and objectives......................................................................................................................3Research questions.......................................................................................................................4Significance of the study.............................................................................................................4Rationale of the study..................................................................................................................4Literature review..........................................................................................................................5Research project specification.....................................................................................................7Problems face by scholar.............................................................................................................8Resource required........................................................................................................................9Research plan and procedure.......................................................................................................9References......................................................................................................................................11
Research proposalBackground of the studyHuman resource management (HRM) is the structured process that supports the firms inmanaging their human resource and conducting operation. Employees are asset of theorganization, if these people are not managed by HR manager then it may create difficulty forthe business unit. In the globalization era fit has become necessary for the corporation to improvetheir HR practices (Cooke, 2014). As multinational firms are moving towards globalenvironment so they are finding every new way for improving their competitive position. Thesemultinational firms are concentrating on their valuable staff members. They are continuouslyimproving their HR practices in order to retain skilled employees in the workplace for longerduration. In the highly competitive environment it has become essential to implement standarisedHR practices at global level so that entity can perform well and can sustain in the market forlonger duration (Edwards and et.al., 2016).Human resource of the company is valuable, rare resources of the organization that helpsthe entity in raising performance level and increasing profitability as well. When enterprise hasto conduct operation in other location then it has to consider culture and market of particularplace. HR manager of the organization continuously try to improve HR practices of the firm sothat it can earn more profit and can create satisfactory healthy workplace environment (HRMpractices in foreign MNCs (multinationals) operating in the PRC: an institutional perspective,2017). Present study is based on Aviva life insurance; it is the multinational firm which operatesits business across the world in the life insurance sector. Research will focus on contribution ofthese multinational firms in development of standardized human resource practices at globallevel. In this respect study will demonstrate effective management practices of selection,training, communication and performance management of workers.. Aim and objectivesAim“ To assess contribution of multinational firms in development of standardised human resourcepractices at global level: A study on Aviva Life insurance”
ObjectivesTo explain conceptual framework of human resource management To identify HR practices of multinational firms at global level.To analysis contribution of Aviva life insurance in development of standardized humanresource practices at global level.To suggest ways to improve HR practices in Aviva life insurance.Research questionsExplain conceptual framework of human resource management?What are the HR practices implemented by multinational firms at global level?How Aviva life insurance contribute in development of standardized human resourcepractices at global level?Significance of the studyEvery business unit aims to enter into global market in order to expand their business andearn more profit. Human resource management is one of the major aspect that supports them inaccomplishing their objective. Foreign entities have great human resource, technologicalresources thus, they are able to conduct efficient operations (Caligiuri, 2014). This study will bebeneficial for multinational firms in order to identify improvement require in their HR practicesfor gaining success. With the help of this investigation scholar will be able to define standarisedHR practices and how it supports in the development of organizations at global level. Furthermore, through this research small firms or domestic organizations will get idea toimprove their HR practices for entering into global market (Itani, 2016). That would bebeneficial in increasing profitability and retaining skilled employees in workplace for longerduration. In addition, study will be significant for other scholar because they will get briefinformation about standarised human resource practices required to work in international market.So they will be able to carry out further investigations on human resource practices anddevelopment of the companies at global level. Rationale of the studyThe main reason of conducting this research is that employee turn over is increasing inmultinational firm when they perform operations at global level. The main reason of increasingturnover rate is dissatisfaction of staff members. Whenever firm operate their business at
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