Discuss about the International Differences in Adoption and Impact of Information.
The different four kinds of Human Resource practices are termed as the bureaucratic, professional, market and flexibility package. All these practices are connected to organisational structures. These human resource practices make a difference in the human resource Strategies and goals (Renckly, 2011). The key 4 HR practices are:
HR recruitment and selection practices are usually as per the goals and Mission of the organisation and the workplace culture. Like the employees that identify the worth of workplace diversity use the recruitment practices which are focused on attracting a diverse set of applicants. The recruitment practices lay down recruitment apps and processes like sponsoring the recruitment Fair at various colleges and other Institutions where diversified students can be approached.
Applying flexible work schedules, giving workers with telecommuting alternative and training supervisors so that the signal of workplace pressure can be found and a work life balance can be applied to the business environment. It would include management of scheduling logistics, modification of Technology for remote accessibility and carrying out of training sessions. But these practices generally lead to a result oriented work culture as they provide with higher effectiveness.
Training and development are the practices which involve fresh workers orientation, job skills training, professional growth and leadership training. These activities involved enhancement of workers in the present position and equipment them with experience and talent for Cross functional work that can enhance their work in the business.
The benefits and compensation are generally taken as one thing which provide with a comprehensive picture of how the employers reward the workers. But just looking at the compensation provided with a better image of the HR management practices as the workers’ wages is made up of 70% of the cost of employer for operating. The weather compensation is an internal equitable and outwardly competitive practice.
The demand for skills is a derivative demand: skills demand is reliant on the kinds of goods and services manufactured, and so influenced by a business’ product market strategy, upcoming plans for growth and wider economic circumstances. The future demand for labour and skills will be derived by numerous factors as given below:
Similar to any other management decisions, the human resources management decisions also include utilizing business resources like time, money, facilities so that the worker productivity or any other desired outcomes are impacted. The cost benefit analysis is a decision making technique which includes carefully thinking about the benefits and the costs that is negative effects of various optional decisions.
The strategic HR plan has to be communicated all over the organization and to the team members, and it has to be ensured that communication includes the manner in which plan is linked with the strategic plan of the company and what amendments are there in the HR management strategies, activities and exercises for supporting the specific strategic plan. There has to be a communication made to the key stakeholders about the impact of plan on each and every staff member along with the time frame of plan to be implemented (Blankenship, 2016). There can be effective implementation by informing the stakeholders regarding the manner in which the business will be different in the future. Taking confirmation from the board of members for my executive director, senior managers on agreement with the strategic HR plan would help in getting everybody’s involvement.
Johnson Morgan established organic food places in 2000 producing health items in 15 local outlets of West Metropolitan region. There around 80 staff members of accounts and administration, it supports distribution and marketing. Looking at the case study, the business wants to be the employer of choice in the given area therefore it has to apply different strategies.
Training and development needs to be provided to the existing staff members so that they do not become bored in the existing positions and since the strategy of the company is to expand in the upcoming 15 to 16 years therefore it has to show the workers with the visible career ladder. Recognition is also one more strategy where the business must engage its staff members and the goals have to be set at the individual and the departmental level. When the goals are set at the business level and employees are rewarded for attaining those goals, a sense of teamwork and encouragement is created for accomplishment of the business objectives. One more strategy that is Highly Effective is the compensation as the staff members like to be part of the organisations which pay them well. The business must involve the benefit packages like Health Insurance, vacations, time off, paid holidays and other such packages which encourage the staff to stay with the business for such a long time. Becoming an employer of choice well need attracting and retaining the best talent and it is not a simple task. This cannot take place overnight therefore for becoming an employer of choice, the leaders of this business have to amend the culture of the organisation and work on the weaknesses of the organisations. Since in the 4 departments, there are 80 staff members, therefore the strategy plan must also include reassessment of the actual number of staff members needed and in case there is under or over employment then it should be taken into consideration.
The legislations to be considered for fulfilling the personal requirements would involve the federal and state and territory laws to be followed along with the industrial awards and agreements. The payment of correct and suitable wages has to be done along with providing the staff members with the payslips. The work related expenses have to be reimbursed to the staff members and a safe working environment has to provide it. Worker compensation insurance has to be there for every staff member and superannuation guarantee has to be paid for the staff members.
For ensuring this there has to be a communication among the departments and with the department heads so that any disagreement can be stated and worked upon. All the key Stakeholders have to be involved in the human resource strategy making process.
Before implementing the above stated strategies like training, promotion, communication and similar strategies, the cost has to be considered for the same. Given that the benefit of this strategy would be sales of 2 million dollars in the year 2015. Another benefit would be expansion of the outlets. when the business will hire or promote one more assistant manager then cost might increase however as per the first benefit analysis it is highly beneficial to promote and encourage the internal staff member so that hire sales can be attained. Other coast will involve recruiting new staff for expansion purpose and still it will add to the profitability and sales of the business so as per the cost benefit analysis this is a beneficial approach.
To fulfil the business plan it will need to acquire land or a place where outlet has to be opened, human resources, technological resources, supplies and Logistics.
The risk management plan for supporting the given human resource strategies will involve defining the rest and then planning out the ways to deal with them. The key risks attached with this would be:
The runners Paradise and a small clothing design organisation known as Active Leak are looking forward to a merger. Runners Paradise has 35 and the merging organisation has 10 staff members. Active Leak has no time for handling HRM roles therefore there is no strategic plan for the same. For the integration of the two organisations it is important that human resource strategic plan is created.
– To smoothen the preparatory stages for a superior start up.
– To set up an ideal mentality to the association.
– To acquire viable yield as right on time as would be prudent.
An officer should lead the induction procedure having adequate data about the organization, and which may incorporate the history, items/administrations, association and administration and so forth. At the level of the office, the capable supervisor ought to carry out the activity. This will give the new representative a positive picture of the organization or association. The director will hand the staff member over to the segment head/administrator for more detail.
– Maximizing workers’ capability will enhance execution.
– Conformity with the law and other enactment.
– The requirement of a relative work constrain that speaks to the greater part of the society.
– Clash of culture among shareholders and top management
– No HRM strategy for Active Leak
– 10 employees stand less against 35 staff members and they might feel de – motivated
Opportunities:
– Infrastructure usage and technical advancements can help in business integration and business growth
– Economies of scales
– Clashes of interest among two company’s staffs
– There can be high decline in motivation levels and performance due to changes in leadership
– Legal issues
– Differences of opinions
-Differences in culture
– Integration challenges
The human resources will need to be identified and reason has to be communicated for the merger to the Employees. There has to be training provided to the most team along with the changes in the leadership. The human resources will also face changes in the corporate culture along with the decision regarding who stays and who goes. There will be a new organisational structure and the key talent would be retained and motivated.
The emerging practices and trends like changes in the location, globalization, liberalization and various other similar factors have impact on the human resources. There are legislative and statutory requirements to be considered for the Merger along with the change in the strategic HR plan. commercial or contains the key rules for assessing the areas like right to be heard, notifications, deadlines, changes and several other things. Since there is every organisation therefore merger must have statutory merger or consolidation. In case of emergency has to be changes brought to the HR strategic plan. The main. is that the number of employees has changed after the Merger and there are changes that a few of the employees are reluctant to change are there are chances that there is lack of communication among the management and the team members therefore it is important that employees are made aware how they have to go about for the change and they are convinced regarding the aim of the change. The changes to be made during the strategy have to be informed to the workers. In the strategic plan, there has to be changes with respect to alignment of the top team and development of the new operating model. The baselines and targets will also change. The new plan has to be made as per the joint ambition and strategic priorities with the understanding regarding the status quo and definition of the desired future.
References
Bartel, A., Ichniowski, C., Shaw, K. and Correa, R., 2017. International Differences in the Adoption and Impact of New Information Technologies and New HR Practices. Cambridge, Mass: National Bureau of Economic Research.
Blankenship, J., 2016. SCAI’s future: The 2016 strategic plan. Catheterization and Cardiovascular Interventions, 87(2), pp.183-187.
Cuyvers, L., Dhyne, E. and Soeng, R., 2010. The Effects of Internationalisation on Domestic Labour Demand by Skills: Firm-Level Evidence for Belgium. SSRN Electronic Journal.
Gashi, R., 2013. Strategic Human Resources Management: Human Resources or Human Capital. Academic Journal of Interdisciplinary Studies.
Mayo, A., 2015. Strategic workforce planning – a vital business activity. Strategic HR Review, 14(5), pp.174-181.
Renckly, R., 2011. Human resources. Hauppauge, NY: Barron’s Educational Series.
Rouwendal, J., 2012. Indirect Effects in Cost-Benefit Analysis. Journal of Benefit-Cost Analysis, 3(01), pp.1-27.
Strategic Direction, 2008. The human resource craze: human performance improvement and employee engagement. Strategic Direction, 24(8).
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