Strategic HRM June 2024

Description

Strategic HRM

June 2024 Examination

 

 

1. You are a human resources manager at a medium-sized company. Your company is considering implementing a new approach to managing its workforce, and the executives are interested in understanding the differences between Strategic Human Resource Management (SHRM) and traditional Human Resource Management (HRM). They have asked you to provide a detailed explanation, including the key distinctions, advantages, and potential challenges of each approach.? (10 Marks)

Ans 1.

Introduction:

Strategic Human Resource Management (SHRM) and traditional Human Resource Management (HRM) represent two distinct approaches to managing the workforce within organizations. While both aim to address human resource needs, they differ significantly in their focus, scope, and methodologies. SHRM emphasizes aligning HR practices with the strategic objectives of the organization, while traditional HRM tends to focus more on day-to-day administrative tasks and employee relations. Understanding the disparities between these approaches is crucial for organizations seeking to optimize their human capital management strategies. In this essay, we will delve into the key differences, advantages, and potential challenges associated with both SHRM

 

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2. Name two organizations that have merged with another firm in the recent past. Discuss the reasons for the merger. What HR challenges did these firms confront as a result of mergers? Were the firms successful in managing these challenges? Do you think there were better ways of approaching these issues? Describe them. (10 Marks)

Ans 2.

Introduction:

Mergers and acquisitions (M&A) are common strategic initiatives undertaken by organizations to achieve various objectives such as expanding market share, increasing efficiency, and accessing new technologies or markets. In recent times, two prominent examples of organizations that have engaged in mergers are AT&T and Time Warner and Disney and 21st Century Fox. These mergers were driven by strategic considerations aimed at enhancing competitiveness and

 

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3. Mitosense Corporation is a multinational company operating in the technology sector. Over the past few years, the company has experienced rapid growth, expanding its operations to new markets and increasing its workforce significantly. However, with this growth came challenges related to human resource management, particularly in the areas of recruitment, retention, and employee development.

Mitosense Corporation is facing difficulties in  attracting and retaining top talent in a competitive market. Despite offering competitive salaries and benefits, the company is struggling to fill key positions, especially in its research and development (R&D) department. The HR department is under pressure to find innovative ways to attract qualified candidates and reduce the time-to-fill for vacant positions. Employee turnover has been increasing at Mitosense Corporation, particularly among younger employees. The company’s exit surveys indicate that many employees are leaving due to a lack of career development opportunities and a perceived lack of work-life balance. The HR department needs to develop strategies to improve employee retention and engagement, including implementing   mentoring   programs   and   flexible   work   arrangements.   Mitosense Corporation  recognizes  the importance of investing  in  employee development  to  stay competitive. However, the company’s training programs are outdated and not aligned with the needs of its workforce. The HR department needs to revamp its training and development initiatives to ensure they are relevant, engaging, and accessible to all employees, including remote workers.

Questions

1. How can the HR department reduce the time-to-fill for vacant positions without compromising on the quality of hires? (5 Marks)

Ans 3a.

Introduction:

In the face of rapid growth, Mitosense Corporation, a multinational technology company, is grappling with challenges in human resource management, particularly in recruitment, retention, and employee development. One pressing issue is the prolonged time-to-fill for vacant positions, especially in critical areas like research and development (R&D). The HR department is under pressure to find innovative solutions to attract top talent swiftly without compromising

 

 

 

1. What steps can  Mitosense  Corporation  take  to  improve  career  development opportunities for its employees?      (5 Marks)

Ans 3b.

Introduction:

Mitosense Corporation, a multinational technology company, faces challenges in attracting and retaining top talent, particularly due to perceived limitations in career development opportunities. To address this issue, the company needs to implement strategies that prioritize the professional growth and advancement of its employees. Investing in career development not only enhances employee engagement and retention but also contributes to the company’s long-term success by fostering a