StudentShare solutions
Triangle menu

Comparative & International HRM - Essay Example

Not dowloaded yet

Extract of sample
Comparative & International HRM

This deal is the one that really worked out for the BMW in turning around the company fortunes. The company saw the strategic decision of involving workers in the factory as the key in improving the performance of the company. The workers were encouraged to come up with ideas of improving the company performance. This saw the group, who work mainly on roofs for the new version of the iconic car being rewarded for coming up with the best money-saving idea. The workers suggested a change in the design of the Mini that saw BMW saving up to 6M.
The BMW Company utilised the Industrial relation approach which involved establishing healthy relationship between the employees and the management. BMW used trade union to strike ground breaking deals that resulted in improved performance on the side of the organisation.
It is my sincerely advice to BMW company to use the principle of industrial relation as it prepare to consolidate its production and cost reduction stage this would facilitate smooth implementation of its future plans.
Strategic human resource management (SHRM) involves linking the human resource functions with the strategic goals of the organisation. Human resource managers need to maintain good relationships within the organisation so as to improve performance and maintain talented employees.
BMW used what is known as Continuous Improvement (CI) strategy to enhance organisational performance. CI emphasise the importance of customer focus, internal customer-supplier relationships, process management and control, empowered work teams and visionary leadership. BMW used all of these strategies in establishing processes for strategic or business planning, organisational and job re-design, cultural change and performance management (Hammond, 2001). BMW is an icon of a company that can use staff-company relations to improve firm production.
BMW was determining to give the Mini firm a new face lift. This involved among other things involving the workforce whom the BMW absorbed from the old Mini firm. According to Werner Rothfuss, director of corporate communications at the plant, BMW is committed to the staff engagement in the running of the company.
The BMW developed good staff- management relations. This is seen where the company engage the union in the dialogue so as to strike the new deals. Many Companies would shy away from this kind of engagement. However BMW believe that in order to succeed it has to pay whatever the price so as to improve the relationship with its employees. As the report exemplify, "...Union acquiescence was bought by promising a minimum bonus of 130, even if targets are missed, and one of the largest wage rises in the industry." (BMW Report). The organisational skills in communicating these changes the best way possible was mandatory in order to avoid workers unrest or resentment. This seems to be the area of expertise for MBW. The BMW was able to convince the workforce to strike a new working deal with workers union. The BMW hammered a new pay deal that reduced the evening entertainment hours for workers and make them more involved and creative in revamping the company. This way the company was able to cut cost and harness creativity on the part of the employees. BMW believe that 'Employees can make a difference' (BMW Report)
Another ...Show more

Summary

When BMW took over Mini plant, there was scepticism about their intention. After the company long history of being identified with British and its culture. However, the BMW was determined to change things around and revamp the company that was initially with zero growth and low sales…
Author : billyoreilly
Comparative & International HRM essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Comparative & International HRM"
with a personal 20% discount.
Grab the best paper

Related Essays

International HRM
required for the partial fulfilment of the degree ……degree title…….. in …major subject… by ………student name……… University of Wollongong in Dubai 09 March 2011 Acknowledgement First of all I truly acknowledge the co-operation of my course in-charge Mr.
12 pages (3000 words) Essay
Management International and Comparative HRM
According to the paper the world today is organized by accelerating globalization which strengthens the dominance of capitalist economic system of world by eroding the local traditions and cultures through a global culture. Globalization leads to convergence and homogenization in the strategies of organization, processes and structures and consumer choice along with a global division of labor that widens the income gap between and within societies between haves and have not’s.
14 pages (3500 words) Essay
International and Comparative HRM
The department of human resource is mandated with the overall task of recruiting and hiring, maintaining and also the servicing of the pool of employees within the organization. It is a critical department in that it dictates the productivity of the firm through managing the man power necessary for production purposes.
14 pages (3500 words) Essay
International and Comparative HRM
Entry into the international market for local companies requires a number of transformations, which involves an increase in the scale of production, number of employees and the complexity of the production process. The growth in international businesses and globalization affects significantly its human resource practices and the people.
12 pages (3000 words) Essay
Comparative & International HRM Essay
The very fact that now people are being considered as resource instead of liability marks the importance of human beings constituting this resource. Core areas of HRM include the individual, the organization and the social context of work and how all of these factors shape relations at work and result in organizational performance.
14 pages (3500 words) Essay
International HRM
Organizations have therefore started adopting the strategy of seeking employees' participation as well in management. Such participative management encourages workers to do more for the company while diligently performing their duties and responsibilities.
13 pages (3250 words) Essay
International HRM
Organizations have therefore started adopting the strategy of seeking employees’ participation as well in management. Such participative management
13 pages (3250 words) Essay
International HRM
It also explains extra-organisational factors actors as well as includes intra-organisational factors. Such factors are cross border
12 pages (3000 words) Essay
International HRM
nt (IHRM) system is defined as the collection of particular activities, processes, and functions that are directed towards attracting, maintaining, and developing the MNC’s human resources. It is therefore the aggregation of a number of a number of HRM systems that are used to
6 pages (1500 words) Essay
International and Comparative HRM
Accelerating interdependence is the phase where the development in one country has a direct impact on another country. However, time space compression refers to the way in which the geographical time and distance is shrinked
12 pages (3000 words) Essay
Get a custom paper written
by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT
Comments (0)
Rate this paper:
Thank you! Your comment has been sent and will be posted after moderation