Strategic HRM of Samsung: Case Study
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Added on 2020-05-16
Strategic HRM of Samsung: Case Study
Added on 2020-05-16
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Running head: ANALYSIS OF SAMSUNG STRATEGIC HRMANALYSIS OF SAMSUNG STRATEGIC HRM Name of the Student Name of the University Author Note
ANALYSIS OF SAMSUNG STRATEGIC HRM1 Executive SummaryThe report is based on the analysis of the case study of Samsung in the year 2015, when thesales of the mobile handset department had fallen. The employees of the same departmentwere however provided with incentives and the increase in motivation had led to thecontinuous operations of the department. This case study is analysed based different aspectsof human resource management including, diversity, performance management, rewards andemployee retention. The report is concluded by stating that Samsung had taken the mostappropriate step by motivating the employees with the help of rewards.
ANALYSIS OF SAMSUNG STRATEGIC HRM2Table of Contents1.Introduction.................................................................................................................31.1 Background to the report......................................................................................31.2 Scope of the report...............................................................................................31.3 Aim of the report..................................................................................................32.Isuues with the current practices.................................................................................32.1 Fairness................................................................................................................32.2 Team based bonus................................................................................................42.3 Lack of strategy....................................................................................................42.4 Nonexistence of credibility..................................................................................43.0 Suitable recommendations to resolve the issues......................................................53.1 Managing human resources..................................................................................53.2 Reward and motivation........................................................................................53.3 Diversity...............................................................................................................63.4 Development and learning...................................................................................74.0 Conclusion................................................................................................................7References......................................................................................................................9
ANALYSIS OF SAMSUNG STRATEGIC HRM31.IntroductionThe analysis in this report is based on the case study of Samsung related to the year2015. The organization did not perform quite well in this financial year 2015, however, theemployees still received the highest amount of bonus. This bonus was awarded to theemployees based on their contribution to the operations and sales of Samsung (Al Ariss,Cascio & Paauwe, 2014). 1.1 Background to the reportThe main aim of the organization behind this step was to keep the employees satisfiedand motivated so that the division can be kept running. The reduction of employee turnoverwas the main aim behind the decision taken by Samsung (Sung & Choi, 2014). The maindepartment of the organization which had shown poor performance was the mobile handsetdepartment. The consumer division employees of Samsung were awarded around 10% bonus,the TV staff department was awarded around 21% bonus and the network business relatedstaff were provided 20% bonus (Androidauthority.com., 2018).1.2 Scope of the reportThe report is mainly based on the analysis of the case study of Samsung based on thedifferent theories of strategic management, fairness, bonus provided to the employees. Theissues faced by the employees will also be analysed in the report. 1.3 Aim of the reportThe aim of the report is to examine the reasons behind the decision taken by Samsungbased many theoretical concepts like, strategic human resource management, challengesrelated to employee relationships, management of diversity, management of performance,rewards and motivation, retention and employee turnover. The step taken by the organizationfor the welfare of the employees will be analysed in the report based on the above mentionedtheories.2.Isuues with the current practices2.1 Fairness Unfair distribution of wages is related to the way by which the employees of anorganization are given unfair amount of wages with respect to the job that is being done.Fairness in the distribution of wages is sometimes related to the gap between the wages of the
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