Evaluating an International HRM Strategy.

Evaluating an International Human Resource Strategy

For this assessment you will take the role of a HR manager, taking part in an internal evaluation of your international organisation’s human resource strategy and as a result produce a recommendations report for the HR Director. Please select an appropriate MNC of your choice. Your audit is from an ‘HR’ perspective as it is likely that the business will establish a joint venture in the new market which will require some staff to be recruited locally and also the relocation of some expatriate staff from within your organisation to manage the new venture alongside those of your joint venture partner. Evaluating an International Human Resource Strategy Your report should highlight the HR functions as listed below
Your report will highlight the following HR functions:

1. Recruitment and selection

2. Training and development

3. Reward management

4. Performance Management

5. Employee Involvement

In addition the report should include:

The purpose of the report

– a brief overview of the selected sector for the last five years its developments and challenges & future needs:

-text citations, bibliography & appendices.

This assignment will assess all the learning outcomes for this module. To help you address each learning outcome a brief explanation of what your tutors will look for in your assignment accompanies each learning outcome below:

Your data response should include an analysis, using both qualitative and quantitative data, of the following:

• Key economic drivers in the host country
• A comparative analysis of HR systems globally
• Organisational issues that influence the development and implementation of HRM strategy
• Parent country issues that influence the development and implementation of HRM strategy
• Cultural issues that influence the development and implementation of HRM strategy (Cross cultural training for Expatriate and the social aspect of the host country in the pestle analysis)
Please use the following structure as a guide to the content your tutor(s) will expect to see in your assignment based on the learning outcomes being assessed.

Indicative content

These elements to this assignment as follows:

Executive summary – provide a brief outline of the purpose of the assignment.

introduction: a brief overview of the selected sector for the last five years its developments and challenges & future needs: such as Globalisation, recession, advanced technologies consumer behaviour had an impact on the economy in the last five years then relate it to the industry selected.

L01: Critically evaluate the international business environment in the host country. You are required to present an analysis (max 600 words) using one of these models (1) PESTLE Analysis, (2) Porter’s Five forces or (3) Value Chain Analysis which will incorporate a brief overview of your chosen sector within the last five years of the sector selected. In addition a company profile of the selected company.
For this learning outcome we are asking you to provide a brief company profile of your selected company. The company can be located in any part of the world but it should be a multinational company, the purpose is to use the company as a business model for discussion. By examining the company’s profile, its aims, goals, international intentions you will be able to make a link between the HRM strategy & the overall business strategy. Establishing this link will help to identify gaps in actual employee performance over expected performance which will enable you to make your recommendations later in your report.

L.02 Evaluate the main HRM theories and models in relation to economic drivers

For this learning outcome we want you to explain the recruitment process within the company selected. You will not have access to detailed information here but by examining the company’s website including its “about us pages” “recruitment/vacancies” pages, its annual report & any other publicly available documents you should be able to gather sufficient information to identify what method of recruitment & selection the company uses ie online applications, handwritten cover letters, CV format, aptitude testing, etc. Gathering this research will help you to provide a brief explanation of its recruitment, training, reward & participation practices & strategies.

You can gain yet more information from reading any job descriptions and remuneration packages it might advertise either on its website or through recruitment agencies. When you have completed your research of the company’s recruitment process you will be able to analyse the information using HRM theories & models. Selection methods must be explained using model (Rodger’s seven point plan (1952) or Fraser’s fivefold grading (1954).Models available in Beardwell & Claydon, page 169

L3 Evaluate the effectiveness of HRM strategies in achieving the goals of employee commitment, flexibility, quality and strategic integration and the reward system management.
Drawing all the main issues and points above you will be able to present a summary of your conclusions and recommendations

L4 Analyse the differences in approach to HRM Globally and outline possible reasons for such differences.
In this learning outcome we want you to build on your research and discuss the importance of training, what types of training are available (in-house, off job training for cultural reason etc). Highlight the importance of development frameworks in the organisation selected etc. By analysing training & development strategies it should be possible to identify global differences in approaches to HRM.

L5 Critically evaluate the theory and evidence about the relationship between HRM and organisational performance

In this learning outcome we want you to focus specifically on the theory of employee participation, explain the importance of such activities in the workplace. Your analysis can then be focused specifically on the organisation for recommendation purposes

L6 Analyse the organisational, national and cultural specific issues that influence the development and implementation of HRM strategy

In this learning outcome, again building on your research, we want you to analyse the theory of reward systems the implications and the concept of performance management, including performance appraisal frameworks for the individual performance, why we need to measure individual performance and outline the reasons. Your analysis can then be focused specifically on the organisation for recommendation purposes. Moreover we are expecting that you address these characteristics:

Analyse the organisational, national and cultural specific issues that influence the development and implementation of HRM strategy:
• National: (Host country) With a focus on a polycentric approach, identify organisational issues that influence the development and implementation of HRM strategies in the host country. (i.e what is the general mindset and working practices in the (selected sector) and how will this impact the need to recruit local staff to undertake the required roles.
• Organisational: (Parent company) Analyse the HR duties and responsibilities of the parent company to provide appropriate expatriate welfare i.e. (1) a responsibility for the expatriate well-being, (2) provision of incentive packages for expatriates going to the host country (3) providing cultural training to familiarise the expatriate with the language & cultural norms of the host country to support the implementation of appropriate standardised training of locals.
• Cultural: Combine your analysis of the parent company & host country cultural dimensions model or to identify what working practices and mindset barriers might the parent company face in terms of recruiting and training local staff on new technologies, etc to establish an appropriate standard of work to match the parent company’s expectations.(Cross cultural training for Expatriate and the social aspect of the host country in the pestle analysis)
L7 Demonstrate the management skills required in international business to successfully engage and win support from employees at the workplace
Here we are looking to evaluate your critical writing, research skills & ability to present a coherent set of recommendations based on well researched HRM global theories & models.

Recruitment Processes

report proposing and justifying a recruitment and selection process for a specific job in a chosen workplace approved by the lecturer (Executive Assistant – Position Description attached).

Please note the job description, and references of texts cited in the body
of the report, are not included in the word count; the word limit does, however,
include in-text citations; and,

For this assignment, you are expected to draw on what you have learned in the
lectures/workshops/reading, and your own research of the subject company’s
policies and practices, to present a structured and reasoned argument in support
of your proposed recruitment and selection process. (Attachments to assist in structure)

Against the background of the subject organisation’s business, HR and staffing
strategies, analysis should include discussion of the methods of attracting
applicants for the position from relevant job markets, choices of assessment
tools and techniques for the position, and an overall process for deciding on
preferred candidate(s) for the position.

STOCKHOLDERS ANALYSIS

Stakeholder Analysis regarding OCCUPATIONAL CONTACT DERMATITIS
Analyze the potential stakeholders and team members for your project. Describe who should be included in the multidisciplinary team and why by considering the following:
Who is the key strategic supporter or champion for your project? Who are the other stakeholders?
Who will benefit from the project’s success? What impact will the project have on these key individuals?
Who controls the power and authority within the organization? Of what importance is this to the project’s development, launch, evaluation, and maintenance?
For each stakeholder, discuss:
What are the goals, motivations, and interests?
What is the power and influence?
What role will each take in the project?
How much support might you expect?
What level of participation does the individual desire?
Who is supportive of the project? Who is skeptical about the project?

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Organizational Policy using cookies to collect data for marketing purposes

Please develop an Organizational Policy to address the IT-related ethical issue in the matrix which has been uploaded.
1. Write an organizational policy to address the IT-related ethical workforce privacy issue that you described in Matrix which is attached, where you mapped key organizational issues and identified how these ethical issues were affected by laws, regulations, and policies.
The following elements must be addressed:
2. Look at other policies to see how they are written.
3. Your policy must include the following major headings:
a. Overview of policy
b. Purpose
c. Scope (roles and responsibilities of stakeholders)
d. Policy/Procedures to follow
e. Sanctions/Enforcement
4. Prepare a 3-5 page, double-spaced Organizational Policy.
5. This assignment requires a minimum of three external references. Indicate appropriate APA reference citations for all sources you use.
6. In addition to critical thinking and analysis skills, your paper must reflect appropriate grammar and spelling, good organization, and proper business-writing style.

Strategic decision Making

Answer the following questions: Explain why the Amusement Park Industry is Global and Transferable (or why it is not) providing supporting source documentation for your answer. List and explain the top five, in prioritized order (most critical/worst first), mistakes that Disney has made in their International operations. As Disney’s newest Global Consultant (clearly because of this degree program) how will you assist them to correct their past mistakes as they move forward with their Global expansion?

Business consultancy report

Research for this dissertation has already been conducted.Reaserch and finding have been enclosed too,However, please you are free to add findings where appropriate. This includes:

1. Interviews that I have completed with the company
2. Survey with the clients and its result
3. presentation about the report that I have already presented to my tutor – all points from the presentation must be included in the report.
It is therefore crucial that you will read all my enclosed material carefully as it will form the base for this dissertation.
1. About the project
The project is about how Acxiom adapts its legacy, products and services to keep up with changes in its target markets.
Acxiom is a company in transition, historically based in marketing data and systems integration, it is currently developing its strategy for the future in a digital era that includes new and different approaches to service provision.
Acxiom was rapidly expanding at the beginning of the millennium, undertaking many acquisitions however it has not been able to capitalise on this and has not adapted to the digital era as rapidly as it needs to so is facing some serious challenges.
In order to inform the strategy, Acxiom require this project
1. to research and identify examples of the attributes,
2. to research and identify examples of behaviours
3. to research and identify examples of best practice
4. to research and identify examples of ‘must avoids’ of companies that have successfully transformed themselves and established a new position in the market and taken market share from competitors.
5. compare and contrast Acxiom to these companies
6. make recommendations on the best models for it to adopt for a sustainable future.
7. cost analysis that will reveal gaps in current performance and underutilized opportunities, which will aid in the transition.
The project needs to take into consideration Acxiom’s global position and the additional challenges that presents in ‘local’ markets.
You must also consider other options and opportunities for Acxiom and to apply some ‘blue sky thinking’ to the ideas about the products and services.
In addition to this, Acxiom is essentially a US company and has struggled to adapt what works in the US to what works in Europe which is why I think this is such as exciting project because it has a global perspective as well as addressing some fundamental strategic problems for ma $multi-million business.
Please use relevant framework and business models to support your argument.
A proposal has been created and accepted by Acxiom, therefore the report must be written accordingly and all the objectives must be fulfilled
2. Proposal created by myself and accepted by Acxiom
Objectives and Scope
Objectives
The objectives of the analysis are to:
• Understand Acxiom’s current position and how it relates to a shift in data connectivity (you must use appropriate frameworks)
• Identify how Acxiom needs to adapt its business strategy in order to successfully transition into a neutral connector of data between clients
• To understand previous successes and failures from other industries to help inform a more successful/ lower risk strategy
Scope
key employees have been intervened (the transcription is included and is very important to read it as it is one of the main source of information for this dissertation) and completed survey with Acxiom’s clients/prospects/agencies. The outcome of the survey was unfortunately inconclusive, however it still must be incorporated into the report. This primary research together with secondary research will form the base for the analysis and reaching the report objectives
Methodology
Interviews with personnel – Internal Analysis (this part is conducted by myself – however I am providing full transcription of those interviews and you will then need to incorporate it into the report
The purpose of these interviews was to determine where Acxiom is now and any steps made towards transitioning into a safe haven of neutral data connectivity. From the material supplied you will also need to identify what the personnel identify as their primary markets and customers. From the material supplied you will also need to establish the internal process of developing new products and any management hurdles that may help shape the detail of recommendations.
Service Portfolio analysis – this part you are required to do it
To help determine Acxiom’s current position, we will look at the present allocation of funding and resources available to develop new products.
2. Customer and market analysis
Customer –
• Interview current, prior and potential clients
• Current clients – Understand the key strengths of Acxiom and their public perception
• Previous customers – Learn why they decided to switch providers
• Companies who have never used Acxiom – Determine market perception

A STUDY OF THE RELATIONSHIP OF EXECUTIVE COMPENSATION ON THE FINANCIAL PERFORMANCE OF LEADING INFORMATION TECHNOLOGY COMPANIES

Executive pay has become a very interesting topic of debate in the finance literature. The goal of this study is to explore the topic of whether executive compensation has an effect on financial performance in the Information Technology Industry. This study will focus greatly on the salaries of key executives in the Information Technology industry.
The companies’ studied will be the top ten technology firms from the S&P index between the years fiscal years of 2011 to 2014. This data will then be used to analyse the relationship between executive salaries and the gross profits achieved by the companies each year. The overall results of this study should confirm whether increases in executive compensation have an associated effect on performance in the IT industry.

Business Impact Analysis (BIA) for SAP system

◦Provide a one to two page analysis summarizing the results to the executive management team Topic: pharmacology. The summary should highlight the priority of business functions, along with the potential for loss in the event of a disaster or sustained outage.

Simulation analysis

Managing Service operations

Topic: Simulation analysis  run the first five simulation challenges , and leave their simulation results on the simulation web site. At the end of the simulation and on the
basis of challenge 3, students write a discussion of their simulation performance, the strategy adopted in challenge 3, and the lessons
learned from the simulation form the perspective of service operations.
Overall aim:
The aim of this assignment is to confront the student with a simulation exercise and present their analysis and solution. The student will
demonstrate his analytical and decision making skills in problematic situations encountered in the life of a restaurant manager.
Learning outcomes :
• identify key trends and parameters of the evolving context of service organizations, and their effects upon service operations and
the people in them
• apply fundamental models and technique of planning, decision-making and monitoring systems in long-term and day-to-day operating
situations