Journal of Human Resources 2004 42(1) Human resource management strategies in practice: Case-study findings in multinational firms Irene K.H. Chew* Nanyang Technological University, Singapore Frank M. Horwitz* University of Cape Town, South Africa, and Nanyang Technological University, Singapore Competitive pressures have increased the strategic value of a skilled, motivated and adaptable workforce, and the HRM strategies to support and develop it. A strategic perspective of HRM requires the
Words: 10968 - Pages: 44
Global Strategy – Analysis and Practice BUSI 1271 This Lecture’s Focus & corresponding Learning Objectives The exploring Strategy model Moving from Strategic Analysis to Strategic Choice 4–3 Sources of Superior Profitability Basic Objective: Survival!!! RATE OF PROFIT ABOVE THE COMPETITIVE LEVEL INDUSTRY ATTRACTIVENESS Where to compete? CORPORATE STRATEGY How do we make money? COMPETITIVE ADVANTAGE How should we compete? BUSINESS STRATEGY 4–4 Business
Words: 1027 - Pages: 5
meet head-on any difficulties in order to accomplish the goals they settle on. In order to meet these demands is through systematic competent management and resilient leadership. Ford Motor Company is an organization that has endures this and has created outcomes that exemplify the power of operative management and precise leadership. The company’s ability to employ qualified managers and leaders has permitted the company to climb from previous low points to be primed for an optimistic economic future
Words: 2206 - Pages: 9
competitiveness. However, since its inception in 1971, Southwest has been able to steadily rise to the top of airline rankings due to its Low Cost Leadership strategy (Muduli & Kaura, 2011); Box & Byus, 2009). Southwest also consistently offers on-time arrival that, combined with low-priced fares, makes it highly favorable for passengers. Southwest is able to achieve its strategy by using a linear, point-to-point network and does not have an airport hub (Tierney & Kuby, 2008). As a result, the company’s aircraft
Words: 811 - Pages: 4
for competitive advantage – employees affect the CA Staffing therefore plays a central role in creating and enhancing any organization’s competitive advantage - What is strategic staffing? Future-oriented and goal-directed ways, support business strategy and enhance organizational effectiveness. Into, thru, out. - Traditional staffing: reactive, no improvement; Strategic – aligned - Seven components of strategic staffing: workforce planning, sourcing, recruiting, selecting, acquiring, deploying
Words: 841 - Pages: 4
something rather than just launching into it. Option 1: Cost Leadership With a long term strategy based on the ability to be cost leaders in the online retail market, Amazon Inc. strives to ensure all corporate level decisions adhere to this goal. REFERENCE Prices on Amazon.com are around the lowest in terms of products sold and the background services that make it possible for third party traders to make use of the marketplace. This strategy employed has made it possible for Amazon to recognise significant
Words: 2912 - Pages: 12
that reason, for example, IBM decided to view the issues surrounding diversity on a global scale from the workplace to the marketplace. That’s is why IBM has created an innovative global strategic framework that it is “as broad and diverse as the costumer base it serves in 165 countries” (Human Resources Management, 2005, Vol. 44, No.1, p. 75). In the article written by J.T. (Ted) Child Jr., the Vice President of Global Workforce Diversity for IBM acknowledges the importance of workforce diversity to
Words: 736 - Pages: 3
risks of investment, one should consider the political, economic, and legal risks of doing business in both Russia and the Czech Republic. The political risk in Russia is still high but it is undergoing continual governmental changes under Putin’s leadership, and courting foreign investment. Relatively, the Czech Republic is more stable, but it may have less potential. On the economic front, both countries have inflation and high economic turmoil as unproductive factories are still struggling. From
Words: 1435 - Pages: 6
Leadership Traits Most Valued Across Sectors A Research Paper Patrick Jinks University of Richmond October, 2008 Introduction: Leadership is a topic as broad as education or health care. Books, articles, workshops, lectures, and keynote speeches abound – not only in the area of business, but across sectors that include government, civic, academic, and charitable organizations. Leadership topics are limitless, as evidenced by the vast expanse of information available in bookstores, libraries
Words: 2680 - Pages: 11
its global headquarters in Detroit it directs business in 157 countries around the world, employing some 205,000 people. The company produces cars and trucks in 31 countries, including the US, China, Brazil, Germany, the UK, Canada and Italy selling such brands as Buick, Cadillac, Chevrolet, FAW, GMC, Daewoo, Holden, Jiefang, Opel, Vauxhall and Wuling. McBride has now moved onto other roles at GM but as Head of Employee Communications back in 2009 she drove through a three part strategy. “Our
Words: 1246 - Pages: 5
