HRM (2014-2016) TERM V MID TERM
STRATEGIC HUMAN RESOURCE MANAGEMENT
Name: Deepak Gupta…………………………… Roll No: H14023……………………… Instructions: Please write/type within the space assigned. For e.g.: for Q1 and Q2 the answers shouldn’t go to page 2.
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1. What do you think could be the possible issues/problems faced by HR post the integration of XLTech and Resilient Consulting keeping transaction cost economies perspective at the forefront?
As the company’s future sales strategy is evolving (cross selling of product & solution offerings) for growth, issue was to communicate the same in right way to all employees. Possible issues are:
I. Cross selling transaction cost. Cost of selling product/services
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XLTech sales rep were of non-aggressive behavior while at resilient it was more of an aggressive kind entrepreneurial culture. It was unique in the way they both treated their clients/customers and sold their offerings to them. For Resilient, Services being in the growth phase, entrepreneurial culture was important along with understanding customer insights and selling value (utility) based offerings to Resilient clients while for XLTech clients they had predicted demands and customer behaviours. To integrate the two, HR needs to establish behavior norms and establish what’s new and what’s old. Combine sales rep and consultants in solutions team that would face client. Train each of them in cross skills and cross selling with purpose of higher value for customer. Define their roles distinctly to get new and repeat client business. Customer should get the best experience from the team without losing old experience. Define measurable metrics to measure these set/expected behaviours and include them in total rewards plan. Consider making successful account manager-consultant partnerships as cultural ambassador.
3. When such acquisitions take place, what happens to the value system of organizations involved? Do you think one overpowers the other or they hold the middle ground? Justify your
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Is Trigestis a one off success case? Which HR subsystem actually in your opinion influenced the success?
Yes, it seem to be the one off success case, given the limited case facts about multiple teams. In my opinion retaining the right talent/Talent Management and Total Rewards HR subsystems influenced it the most. Change management at individual level led to the successful partnership. Both Trishit and Chandashekar could understand the broader picture and organizational sales strategy and brought in more business by collaboration.
5. What should be the focus at XLtech to tackle the current issues being faced w.r.t the five components of HR Strategy namely: Talent Acquisition, Talent Engagement, Performance Management, Total rewards and Training and Development?
Talent Acquisition: In initial phase, company may build a new salesforce and account reps who understands solution based sale and customer insights. Product selling skills are just not enough. Objective can also be achieved by T&D.
Talent Engagement: Key talents from both side consultants and sales rep can be paired up to form successful teams. Engage teams in identifying top valuable customers and designing value solutions for them. Engage top senior people along with Trishit and Chandrashekar to train more such
(Huston). Political influence is also one of the deciding factors when it comes to business acquisitions. For example, when Lockheed Martin bought
Course Title :HR Systems And Practices MG-681 Program: MS Management Section: A Assignment Title: Assignment 1 Deadline date: 4th November, 2014 Submitted on: 4th November, 2014 For Remarks: ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
• Don’t induce fear through an individual or store performance indicator. • Give better commission rate during slow hours to balance the SPH. 2. Re-orient the middle management: I would say that the lack of communication between the top and the middle management is one of the primary reasons for these issues being created.
Investment Banking Report “Mergers and Acquisitions” Student Names and Numbers Despo Michaelidou - Ioanna Panayiotou - Mikaella Savva - 20140213 Katerina…. Svetlana…. Introduction Back in 2006, a merger & acquisition agreement between two well-known companies set the basis for the continuation of the evolution in the animation industry. Being partners for more than a decade, Disney and Pixar eventually merged, after a number of unsuccessful attempts.
We believe our purpose statement will help motivate our employees and help to provide trust amongst our employees as the statement informs them that we are committed to their safety and wellbeing. Strategic changes must be implemented to ensure that the Human Resources Department does its part to ensure that the company’s goal of doubling sales in the next fiscal year is reached. In order to fulfill The Atha Corporation’s restructuring needs the human resources functional area goal is to: hire and train employees, reconfigure company policies, and distribute new job responsibilities. Implementing new human resource policies and practices will allow new and old employees to show understanding of the department 's vision, mission, values; and a strong commitment to our company (Guide, 1996). The consolidation and reorganization of the Human Resources department is sure to display The Atha Corporation’s greatest asset: human capital.
On the other side of the fence, a well analyzed study of mergers or acquisitions before actually stepping into the process may seriously pay off and lead to a very successful and smooth experience for both companies and can result in a lot of rewarding financial, cultural and social benefits for the involved
Question 1 Several factors have been proposed as providing a rationale for mergers. Among the more prominent ones are (I) tax considerations, (2) diversification, (3) control, (4) purchase of assets below replacement cost, and (5) synergy. From the standpoint of society, which of these reasons are justifiable? Which are not?
Employees that meet quotas and perform well are rewarded with bonuses based on customer service and sales, in addition to advancement within the company. These procedures and guidelines reinforce the idea that your company desires quality employees that are willing to improve the company and themselves. After a talent philosophy has been developed, a Human Resources strategy must be developed. A Human Resources strategy links the company’s business strategy and goals with the functions of Human Resources. Chern’s Human Resources strategy fits the following description: Human Resources desires to
Simply having the right capacity in place to match the development of the company may be the biggest risk Wal-Mart faces. Wal-Mart hires antagonistically from more than 100 universities and targets the colleges with Retail Institutes. People have always been the company’s best asset. Their idea at Wal-Mart is to hire the best, provide the best training and to be the greatest place to work. Strategy 7: How does HR align every functional part with service?
Introduction: Wendy Peterson, Vice - President of sales for Account/back’s Plano, Texas Office had concerns with one of her employees, Fred Wu. Fred Wu has landed one client within the Chinese market, the single largest client of the downtown office. However, there were disagreements between Peterson and Wu on several aspects. Moreover, Fed Wu requested for a personal assistant, which Peterson thought to be unreasonable. This is because only a small number of AccountBack’s most successful sales executive with numerous accounts had assistants of their own.
This would attract a pool of workers of the highest caliber, thus leading to more value induced into the company. # Successful communication of perceived strengths of the product: Integrated marketing strategy- This has
We are experts in dealing with getting our imported products in the hand of customers directly. The teamwork in the workplace is essential to the success of business. When the team work together, we understand the strength and weakness of each team member. It mainly depends on the team leader in dividing up the tasks and getting things done by through the qualified members. Delegation of responsibilities has been practising in each team.
1.4.1 Literature Review HRM practices are a process of engaging, motivating, and maintaining employees to ensure the organizational survival (Schuler and Jackson, 1987). According to (Delery and Doty, 1996) HRM practices are prepared and implemented in a way that human capital plays important role in achieving the goals and objectives of the organization. The appropriate use of HRM practices strongly influence the standard of employer and the degree of employee commitment (Purcell, 2003). HRM practices like, training and development, performance appraisal allow the employees to do better in order to enhance the organizational performance (Snell and Dean, 1992; Pfeffer, 1998).
Does the acquisition make strategic and financial sense? Provide a concise explanation in support of your assessment. (250 words max) Ans 2) Microsoft must have valued LinkedIn over $26 billion. This is more than 8 times the LinkedIn revenue of last 12 months ( $3.2 billion).The ratio is ~5 times Trailing twelve months for public companies on market places shows that price paid/valued by Microsoft is premium.