Cypress: Alignment and Hr Strategy

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  • Topic: Alignment, Employment, The Tough
  • Pages : 2 (515 words )
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  • Published : November 23, 2012
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Cypress Semiconductor
Qn: Is the Cypress strategy aligned with its HR strategy? Why or why not? Cypress Semiconductor’s strategy mainly focuses on:
Winning: Provide the best and does not tolerate losing.
oHiring the best people
oReward based on meritocracy
oMaximizing revenue

Innovation
oLeading the innovation: best product, lowest pricing.
oConstantly improving.
Alignment to HR strategy
Areas that the Cypress strategy aligns with its HR strategy: 1.Ownership
Threats employees like entrepreneurs. Allowing employees to run the business like their own actually gave them empowerment and vested interest to do their personal best for their job. Positive results are treated with high return and recognition. This also in turn ensured maximum revenue and profits for their projects. 2.Career Opportunities

Cypress Semiconductor is extremely aggressive to hire the best fit of people for their business. They will go to lengths of hiring the best people and pay them adequate compensation to retain them in the company. 3.Compensation

Meritocracy in nature, the compensation scheme maintains that outstanding performers are rewarded, non-performers are eliminated. Stock options were given to performers to instill a sense of ownership in the company and the last 3% are deemed as non-performing and are unacceptable. 4.Hiring

The almost military clock-work style in their hiring actions quick and precise. Offering at onset of the interview is an aggressive style in hiring and would probably a unique and effective way to get the people they want. Basically, Cypress is hiring people with the winning mentality, they are more likely to be looking for leaders in the hiring process. They will hire the people who can make quick and tough decisions and the candidates they hire are already pre-selected. The whole process of hiring I feel is indeed indigenous as it is self-eliminating. Survival of the toughest ensured that the best in the industry joined. Areas...
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