Center-2279300 Essays - Human Resource Management, Business, Economy

Center-2279300 Essays - Human Resource Management, Business, Economy center-2279300 Location: Astana Course Code: HRM601 Course Name: Human Resource Management Professor: John W. Rogers Student(s) Name(s) : Akylbek Kalymzhan Cable Wireless case (2012) 1/ In your opinion, what should be the weaknesses of such a Group on the human side of business? Use disclosed facts as well as psycho-sociological and strategic elements to formulate your assessment. I would like to describe three main weaknesses of such a Group, which directly and indirectly influence the human side. In the part "The Strength of the Group" was written the actions of the company for the last several years, during this period company had aggressive strategy, because they were in process of acquiring the companies. In fact, it was a period of growth or MA period. As a result of MA, organization usually is enormously affected from the human side. First, company reduces its staff to be more efficient and effective, so layoff of superfluous employees is unavoidable. So, I think that CW fired people not only to meet financial results, but also to achieve managerial and strategic goals. Thousands of people lost their job, but this is not the worst if we consider this action from the point of management. The highest risk is a loss of key talented employees. Another one is diminished trust and uncertainty among workers. Second are different corporate cultures and management styles. Moreover, we do not know is there corporate culture or values in CW. Probably they do not have because company is young. Also, we do not know the mission and vision of the company, is there something what really drives people or motivate them to do something valuable. Third, new rules and procedures should be created, it can be rules of acquiring or acquired company or mix, but anyway employees will be affected by new policies. 2/ What is, in your point of view, the possible impact of their strategic alliances and partnership policy on the staff members? What are the inherent risks for any organization in this high-tech context? The strategic alliances and partnership policy has both advantages and disadvantages. First, knowledge exchange - employees from different partner companies can learn from each other. Second, exchange of technology - in highly competitive environment is good to have partners to implement new technologies or mastering them. On the other hand, there are some risks. Exchange of knowledge and technologies sometimes means information leak, the market is very competitive and new ideas can be stolen. Also, there is a risk of a loss of talented employees, because they can move to the partner's company. 3/ C W are recruiting and selecting a vast majority of young employees. What are the basics of a promotion/retention policy to manage and keep them? What do you do with left-over senior members? The management of the compa ny does a lot to keep employees; they do not eliminate costs on salaries or development . Their reward policy is good, because competitive with market standards and they offer different packages depending on the perform ance. Based on the performance, employees can be promoted. The promotion in the company is thoughtful and management always internally promotes employees. The retention policy for seniors and directors is good also, because benefit from shares or stock options. 4/ Describe in detail and analyze the impact of free access to Unions and possible quality of relationships within this UK organization. Justify your answers referring to the course and communication/information rules. Free access to Unions has pros and cons for company. Employees, who joined Unions, can have higher salary and legally allowed doing actions such as strikes . C ompany can decrease HR control, because promotion in the company based on the performance, but unions can make rules for such cases and instead of the most talented employee, company will be pushed to promote based on the other parameters rather than productivity or effectiveness. On the other hand, it is simpler to negotiate, because management should not communicate with everyone, and it is faster and more efficient. The level of employees' satisfaction is higher, because they have package of benefits: higher salary, protectiveness, better insurance etc. 5/ How do you imagine training and development needs in such an environment?