Comparative Analysis of People Management: BMW and Tesla (BMM5552)

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Added on  2023/06/09

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This report provides a comparative analysis of people management practices at BMW and Tesla, two prominent companies in the automotive industry. It begins with an introduction to people management and then conducts a critical analysis of both companies, focusing on their recruitment and selection processes, performance management systems, learning and development initiatives, compensation and benefits programs, diversity and equality policies, health and safety measures, and adherence to employment laws. The report highlights the different approaches taken by BMW and Tesla in each of these areas, providing specific examples and comparisons. The report concludes with recommendations for both companies, based on the analysis, and includes a comprehensive list of references.
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BMM5552 People
Management
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Table of contents
Introduction
Critical analysis
Recruitment and selection
Managing performances
Learning, training, talent development
Pay, benefits and reward systems
Diversity and equality
Health, safety and well-being
Employment laws
Conclusion
Recommendations
References
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INTRODUCTION
People management is the process of talent acquisition, selecting and
training or development of peoples for achieving organisational goals
with full efficiency (Collins, S., 2019).
People management in a company totally involves managing people in
the direction of organisational goals by developing their skills and
managing their activities proper check and measuring methods.
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CRITICAL AND COMPARATIVE
ANALYSIS
BMW and Tesla is an automobile sector company and dealing in its
products and services internationally due to large operation (Paillé, P.,
2019).
They both are United Kingdom famous companies dealing luxury cars
or items for earning huge amount of profits from rich customers.
These companies are using various strategies of recruitment, training,
reward, health , safety etc for motivating and encouraging its
employees to work with full satisfaction and full efforts.
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RECRUITMENT AND SELECTION
BMW
Recruitment and selection
Recruitment policies
There are various ways which is used by the BMW for recruiting and
selecting peoples and this company uses advertising and online job
board policies for recruiting new candidates for meeting the
requirements.
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RECRUITMENT AND SELECTION
TESLA
Recruitment policies
Tesla is recruiting its candidates through websites, news
paper advertising, LinkedIn etc.
Recruitment procedure
Checking each profiles on websites etc and selecting the
one which has more relevant match and good experiences
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MANAGING PERFORMANCES
BMW
Setting standard
This company is setting standards for performances of its
employees by using scientific management model.
All the employees performances are compared with the pre set
goals or standard which is the main responsibility of the employees
to achieve.
Measuring performance in performance appraisal
This company uses general appraisal method in which the manger
of this company communicate regularly to check the accuracy of
the performances and give feedbacks for improvements
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MANAGING PERFORMANCES
TESLA
Setting standard
Tesla uses various ways for setting standards for performances like
using the mental revolution method.
All the employees performances are compared with the highest
efficiency of an employee so that each employee can work at their
highest efficiency level.
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LEARNING, TRAINING AND TALENT
DEVELOPMENT ( BMW)
Creating a learning culture
BMW is providing various learning programs to the employees for
talent acquisition and increasing the efficiency of existing
employees.
The leaders are giving all the directions and developing the skills of
employees so that they can improve their performances.
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LEARNING, TRAINING AND TALENT
DEVELOPMENT ( TESLA)
Creating a learning culture
This company is providing weekly and monthly training
programmes so that they can make it employees to learn every skill
for doing any kind of jobs.
Various experts are appointed to teach every employees with digital
technologies to learn.
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PAY, BENEFITS AND REWARD
SYSTEMS
BMW
The main influence on payment systems
The main influence on payment system of is the cost of resources
and infrastructure, technology used.
This company is dealing in large operations due its international
market and big brand it involves a lot cost in showrooms and
designing of the model etc and it directly affects the payment
structure of the company because most of the revenue goes in cost
of resources and infrastructure facility and remaining are being
distributed to its employees.
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PAY, BENEFITS AND REWARD
SYSTEMS
TESLA
The main influence on payment systems
Tesla is an international company and dealing in global market and
this company due to high competition using all the latest and new
technology for producing new products and services which
involves huge payments.
This company has big brand and have to secure all his facilities and
documents and have to invest in customer information security and
on various infrastructure facilities.
This involves huge cost and it affects the payment system of the
company to its members.
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