...Two ways in which HR will deliver value for your organization 1. HRM plays as a partner in corporate strategic planning. Many people see HR only as a non-profit generating department which requires the least ability and makes few contribution to stronger the company. If you still hold views as such, then welcome to this new era! These old school thoughts do not work anymore! In today’s world, changing is the ever-lasting theme. Nothing is for sure except for change. The same for HR which is transforming its role from transactional to transformational. In addition to its basic functions such as recruiting, staffing and delivering compensations. HRM now plays as a partner in corporate strategic planning. What’s essential for the companies nowadays is to be aware of and take advantage of the change, thus the organization’s ability of learning is crucial. The ability to sense the equilibrium, to make quick reactions, to adjust corporate strategies in order to maintain the high performance all along. To achieve these, HR must be engaged in adjusting the staffing, making recruitments, creating new performance appraisals, enhancing employee morale, and helping employees developing career path and making personal development to help corporate better meets its goals. HRM also helps the corporate to grow. By coordinating in changing corporate strategies to realize its future purposes, corporate enhance its ability to create, compete, collaborate, and control to react to tensions...
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...RESULTS/FINDINGS Competitive advantage arises when a firm creates value for its customers by emphasizing the importance of differentiation, which consists of offering a product considered as being unique, seeing a particular product market as more effective or efficient than its competitions, and cost leadership. By utilizing these generic strategies against industry’s external environmental determinants, management can affect a firm’s performance. On the contrary, a resource-based view suggests that a firm can sustain its competitive advantage through the alignment of internally consistent bundles of HRM strategies/implementation to its overall business strategy and desired performance, to develop critical resources or competencies. This...
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...evident that development of HR philosophy and programs is influenced by the diversity of its workforce, and has implications on the growth and success of an organization. Finally, this case can be used to provide an example of the evolving need for change faced by global companies in their efforts to remain competitive. This case can be used to 1) Identify specific value changes precipitated by globalization in recent years 2) Increase awareness of the managerial implications of cultural as well as demographic changes for developing appropriate HR strategies and programs 3) Understand the concept of generational identities in a fast-changing economy, such as South Korea 4) Expand understanding of generational cohorts, by comparing and contrasting South Korea and the U.S. 5) Appreciate the critical importance of an organizational culture in laying the foundation of a robust HRD philosophy 6) Learn to develop solutions and HRD strategies based on a thorough analysis of an organization's environment 7) Appreciate that even strong organizational cultures need to adapt when faced with changing demographics and specific challenges This case can be taught at an advanced undergraduate or graduate-level course in human resources management, organization change and/ or international management. It presents a discussion opportunity to evaluate the mutuality of an organizational culture and an HRD Centre. It is evident that development of HR philosophy and programs is influenced...
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...HR ineffeciency * PROBLEM AREAS IDENTIFIED 1.With the company’s growing size, the company became more process oriented and started leveraging its experience to perform repeatable projects, employees realized that they were being deprived of creative and technical ingenuity that had been inherent in their work during the initial years. Employees thought the organization was becoming more impersonal and that some of the perks of initial years were being repealed. 2.As the company started scaling up across multiple locations, Infosys articulated the core values it believed in and wanted every employees to adhere to through the acronym “C- LIFE”: customer delight, leadership by example ,integrity & transparency, fairness and pursuit of excellence. They wanted to stick to their core values even when the company was expanding to new territories. 3.The company also showed high employee turnover when it was expanding its operations, which was mainly due to lack of proper communication between the middle/higher level managers and the lower level employees. 4. The introduction of “variable pay” was a great step in the direction of improving performance but it was not properly supported or backed with a good means to support this change. Infosys did not properly communicate the concept to the employees that a section of the employees were sceptical about the company’s intentions. 5. The broad-banding policy that was a leap towards a role based organization...
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...Customer-First Values Shape Hiring Decisions at Zappos Tanya Huff Kaplan University MT203-02 Human Resource Management Andrew Toussaint November 16, 2014 Introduction Zappos is an online retailer of shoes. Zappos is committed to offering the best customer service. Zappos also wants to have a dynamic, fulfilling company culture. (Gerhard, Hollenbeck, Noe and Wright, 2009) A solid recruiting policy can help Zappos entice qualified applicants that have the same interests in the company’s culture. The selection process can help Zappos find the qualified employees that are going to fit into the company’s cultures and have the same value systems. Review/Analysis of the Case A recruitment policy that might benefit Zappos is image advertising. Image advertising would say that Zappos is a good place to work. It would stress the company’s values such as “Deliver Wow through service” and “Create fun and a little weirdness.” Possible employee would see this and know if they would fit into Zappos’ culture and that they are attracted to Zappos. This policy would be a good fit for Zappos because it is focused on finding an employee that will be a good fit with the company’s culture. The image advertising policy should have a positive impact on Zappos. Zappos is looking for employees that will be willing and interested in buying into their company culture and into following their values. The first step in the selection process at Zappos...
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...Vision Values Promise Jubliant Our Values * We will carefully select, train and develop our people to be creative and empower them to take decisions, so that they respond to all stakeholders with agility, confidence and teamwork. * We stretch ourselves to be cost effective and efficient in all aspects of our operations and focus on flawless delivery to create and provide the best value to our stakeholders. * By sharing our knowledge and learning from each other and from the markets we serve, we will continue to surprise our stakeholders with innovative solutions. * With utmost care for the environment and safety, we will always strive to excel in the quality of our processes, our products and our services. Reliance ------------------------------------------------- Mission * To attain global best practices and become a leading power generating company. * To achieve excellence in project execution, quality, reliability, safety and operational efficiency. * To relentlessly pursue new opportunities, capitalizing on synergies in the power generation sector. * To consistently enhance our competitiveness and deliver profitable growth. * To practice highest standards of corporate governance and be a financially sound company. * To be a responsible corporate citizen nurturing human values and concern for society. * To improve the lives of local community in all our projects. * To be a partner in nation building...
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...Ones and Dilchert’s article: the creation of organizational cultures. Here, we will develop the idea of how culture, value creation, and competitive advantage are linked to environmental sustainability. We will briefly illustrate our arguments with findings from our case-study research in the hospitality industry in 13 Iberoamerican countries.1 1. Ours is research in progress, based on qualitative and mixed research methods. It aims to analyze the role of sustainability in the hospitality sector in Iberoamerica: Spain, Portugal, and Latin America (concretely, in Chile, Brazil, Peru, Argentina, Mexico, Colombia, Venezuela, Uruguay, Costa Rica, Nicaragua, and the Dominican Republic). Organizational culture and sustainability Sustainability and Organizational Culture There is a nascent body of literature that aims to understand how companies can embed sustainability in their organizational cultures (Howard-Grenville & Bertels, 2012). For these authors, culture has been conceptualized as shared norms or values (reinforced through the role of leaders and ‘‘champions,’’ the allocation of resources, the use of incentives, and the existence of corporate policies), as a frame or filter (that is, as recursive connections between people’s day-to-day actions and the meanings associated with them), and as a toolkit (made malleable by individual actors who use cultural resources in new ways). Among the myriad of conceptualizations available, Ulrich and Brockbank...
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...Supreme Court - Special courts – court for patents and stuff Patents can get invalidated Tax breaks Four pillars: right to (choice, competition, run a business and keep much of the profits, work for whomever) When you start a business, it’s usually a sole proprietorship Venture capitalists - look to invest in entrepreneurial business to gain future money (this is with risk, and future money has less value) Technical skills, conceptual skills, person-managing skills – all three levels of management require these three skills (high at the top is conceptual, high at the bottom is technical) Profitability = Net Income* / Total Investment Net Income = Revenue – Expenses SSP – sustained superior performance When a position is valuable, reflects tradeoffs, supported by activities, are consistent with opportunities, threats, strengths and weaknesses One business cycle is on average 5 to7 years Strategy has to be consistent with opportunities Value chain framework Six aspects of the firm: (Six S’s) Staff, Stucture, Systems, Skills, Style, and Shared value HR – human resource Whether something is valuable nor rare is the company’s call Inimitable – easiness to copy product Good strategy and good implementation = profit Evaluate a company to tell whether or not a company is good or...
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...dirty, but they also complement those that are looking for that finishing touch of décor in their home or office. Hobby Lobby offers a little for everyone. The company also is a strong supporter of their local communities. They donate to numerous charities such as Every Home for Christ, One Hope, and Museum of the Bible. Churches, schools, and national charitable organizations also receive a ten percent discount. Hobby Lobby not only is a large craft/décor store, but they are giving back to their community. Hobby Lobby’s value their community and God and have used this to create their mission and to build their distinguished company. Hobby Lobby mission statement is based around biblical principles and they have listed a set of commitments to their shareholders that states as followed: “Honoring the Lord in all we do by operating the company in a manner consistent with Biblical principles. Offering our customers an exceptional selection and value....
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...tinh thần đồng đội, môi trường làm việc năng động và sáng tạo, con người thân thiện. Theo Anphabe, khi tiến hành khảo sát trên diện rộng,”công bằng và tôn trọng” là nét văn hóa quan trọng nhất. Đây chính là điều kiện cần để thu hút và giữ chân nhân tài. Chỉ có trên nền của công bằng và tôn Trọng, tùy từng doanh nghiệp, các nét văn hóa khác mới tạo nên sự khác biệt. Trong số các doanh nghiệp nằm trong top 100 nơi làm việc tốt nhất, nhiều doanh nghiệp đều tạo ra sự khác biệt trong văn hóa của công ty dựa trên nền tảng mà Anphabe đã nêu. Chính sự khác biệt đó tạo nên sức hấp dẫn cho doanh nghiệp khi muốn thu hút nhân tài. “Thay đổi tất cả mọi thứ, trừ vợ và con”Analysis:“Culture – Barriers to Change”, culture is a liability when the shared values are not in agreement with those that will further the...
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...Cisco Systems, Inc. - Organizational Behavior and Communication University of Phoenix Communication for Accountants COM/530 January 14, 2013 Abstract An organization’s espoused values are the mission, philosophy, vision, and value statements. These statements represent what the organization values and the enacted values show what the company does. This paper will show the alignment between the espoused values and the enacted values along with describing how the role of communication influences the perception and organizational culture and identify the role of conflict in group communication in Cisco Systems, Incorporated. Cisco Systems, Inc. - Organizational Behavior and Communication The values of an organization originate from the organization’s mission, philosophy, values, and vision statements. How the organization performs may be the same or different from its values. The intention of this paper is to establish if not only Cisco Systems’ espoused values align with its enacted values but also describe how the role of communication plays in the perception and organizational culture along with observing the role of conflict in group communication. Organizational Culture “Cisco Systems remains the world’s largest provider of the routers, switching systems and related hardware, and software and services needed to interconnect computers and make high-speed telecommunications possible” (Cisco System, Inc., 2010, p. 27). One reason Cisco Systems is at the top of...
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...Before we begin What are behaviors that society frowns on? What are behaviors that you personally would never do? What are behaviors that professionals have to do? Does this slide look familiar? Deadlines and notifications May 2: Draft of Self-development plan due Submitted electronically through Turnitin.com May 9: PeerMark review of classmate’s paper is due May 16: Final version of self-development plan due May 19: Final exam at 12:15 THURSDAY Morality and Ethics What is a value? Be Honest What kinds of behaviors would let someone know you are honest? Those behaviors are NOT values. They are symptoms or symbols of the values you hold. Which of the following have you done? Heard that one friend lied to another, but didn’t do anything about it Stood by while a friend lied to another friend Lied or withheld information in an email Let friends take advantage of a discount, rebate, or another benefit that you get from work (e.g. free food, free drinks, etc.) Taken a benefit from a friend (e.g. received a free food, etc.) Lied to a customer or client Lied to a co-worker or fellow student Lied to a subordinate Stolen from your workplace Which of these are questionnable, ethically, and why? Heard that one friend lied to another, but didn’t do anything about it Stood by while a friend lied to another friend Lied or withheld information in an email Let friends take advantage of a discount, rebate, or another benefit that you get from work Taken a benefit...
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...------------------------------------------------- ESSAY STRATEGIC HUMAN RESOURCE MANAGEMENT AT QUANTUM 1. Juni 2015 Jasmin Fink & Kerstin Grobe 1. Juni 2015 Jasmin Fink & Kerstin Grobe Introduction The following case study is based on an article by Deborah Barber, Mark A. Huselid and Brian E. Becker which was published in the Human Resource Management Magazine (© John Wiley & Sons, Inc.) in 1999. It describes the Strategic Human Resource Management at the Quantum Corporation, a company that was founded in 1980 in San José/ Silicon Valley. Quantum is committed to the computer industry and was the leading global supplier of computer hard disks at that time. As information technology industry is exposed to tough market conditions, Quantum had to face some major challenges. For that reason, Quantum’s human resource management is in line with its superior strategy and the company prepares its employees to master the challenges while simultaneously creating a motivated and satisfied workforce. External Challenges facing Quantum Companies such as Quantum face five big challenges: Globalization, growth, technology, intellectual capital and change. Operating on a global market demands a paradoxical approach: Thinking global while simultaneously acting local. This means “maintaining the advantages of a small, focused company” which enables them to customize their products to meet local customers’ needs while sharing ideas, people and information around the globe. Quantum’s...
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...IKEA ANALYSIS REPORT Dan Pinzon Argosy University Abstract This report explores the notion of values-based service, and how a company like IKEA creates value for customers and other stakeholders. In order to better understand the IKEA environment we will look at IKEA’s marketing strategy, beginning with its products, services, and other attributes that contribute to its value proposition. Following, exploring how IKEA creates a well-defined market position, and how they differentiate their offerings from competitor offerings. Included in this report is an assessment of IKEA’s strategy by analyzing its sources of value in its value chain, an explanation of its intangible products and benefits, and why IKEA considers its customers to be critical stakeholders. This report concludes with an establishment of several key performance measures that enables management to integrate IKEA’s values in its operations. Introduction In 1943 Swedish entrepreneur Ingvar Kamprad founded the now furniture giant IKEA. He began by going door to door selling pens, wallets, and watches. When he began selling his low priced furniture, his competitors immediately tried everything to stop him. The local suppliers were banned from selling him raw materials, and he was not allowed to showcase his furniture in industry expeditions. So Ingvar began to innovate, building his own furniture and buying raw materials from other countries. As the company grew globally, IKEA realized the need to adapt to...
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...Importance of HR in sales Human Resources, as a discipline, has been going through a great deal of change in the past two decades, there is a need to be more strategic and business-linked .The types and intensity of global changes affecting organizations increasingly have human capital implications in both strategy and operations. While some HR functions will continue to require similar, tactical execution, the need for higher level strategic HR perspectives is growing hence making it necessary for HR to understand the different needs and functions of business. To support this a true partnership between the sales team and human resources (HR) can be one of a company’s most valuable relationships. When companies need to improve sales, they often look to HR to help improve sales capability and motivation. To truly create results, HR should look to some of the most impactful drivers of sales performance. Few aspects that make HR indispensable for the sales function are selection, training for product and for keeping up with the market nuances, engagement of the sales force, talent management and retention. Understanding the sales strategy, territory, market and competition helps HR to better understand the skill set or the competencies required, talent acquisition, assessing training needs proactively and designing compensation plans. For better performance evaluation it is important that HR understands the market spread, market maturity, product that gives the maximum margin...
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