Since there is a tight competition in the global markets today, human resource managers carefully plan and offer flexibility at work to avoid serious financial difficulty on the part of the business establishments. In line with this matter, the human resource management is…
ource management increases a company’s competitive advantages within the global markets as compared with other similar businesses that failed to establish a reliable HR department.
Considering the importance of human resources, this study will discuss strategies related to HR planning, flexibility, and recruitment. As part of going through the main discussion, cases of UK and international companies will be used as an example on how HR strategies are applied when controlling organizational behavior in times of economic recession.
Considering that the significant role human resources in a business organization, the importance of HR planning increases especially in times of economic recession. In line with this, HR managers should carefully plan on how to build organizational behavior and culture that is open to change. By doing so, HR manager can easily control the possibility of internal conflicts caused by resistance-to-change (Sweringa and Wierdsma 1992, p. 9).
In line with this, offering work flexibility during economic recession is a good HR strategy since the use of competitive HR approach can save the company a large sum of unnecessary operational expenses. By choosing the best work flexibility options, HR managers can maximize the work performance of its full-time and part-time employees.
Recruiting a wrong person to do a particular task within a business organization can be very costly. For this reason, a careful HR planning should also be applied when the HR manager needs to recruit additional manpower. One of the prerequisite of having a group of highly competitive employees is to analyze a particular job description such as the skills and personal traits the needs to be fulfilled by the applicants (Nelson 1997, p, 40). Likewise, HR manager should carefully assess the applicant’s skills and past experiences in performing the demands of the available job position.
The importance of equal opportunity in UK is highly recognized by employees. In ...
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However, the company has to make a trade-off between incurring extra transportation costs for a supply of large quantities of small moulded bottles for filling shampoo currently being supplied by Deerfield or switching to a nearby supplier for cost effectiveness.
This is indeed the mark of a true leader. Lynn Tilton practices tough stewardship at the assets she purchases and holds. She is casual and humorous when it comes to interacting with her employees; however she comes around as a tough manager when it comes to taking tough decisions.
A formal organization takes into account the role of leadership at the top and the manner in which this leadership is basically carried about, both in the interests of the people within the company as well as the company itself so that the end result is one on which everyone solemnly agree, that is to make the company thrive from a revenue-generating angle and image building aspect in the long run.
Teens_R_Us is also a business managing company that takes a large amount of clothing from different qualified suppliers and sale them in big stores with their company label on them. This specialized apparel sale company is a big retailer of Australia and this took almost 7 years to make their position in the worldwide scope.
When Randolph, himself, was charged $40 for late fees on his own rentals, he was inspired to start a company that could offer low-cost rentals with promises that there would be no late fees for the service (Funding Universe
non-users, while the age-group 14-18 was identified as the active users and addicts, which made the assumption that younger teenagers were light drug users and older teens were heavy drug users (Rangan, 1994). This assumption is problematic because it fails to identify how
Therefore, it is favorable for the Korean foods because they will continue to be in the market for a long period due to enough finances to market and make products that satisfy their customers.
8 Pages(2000 words)Case Study
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