Preview

Human Capital Concept Worksheet

Better Essays
Open Document
Open Document
936 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Human Capital Concept Worksheet
Human Capital Concept Worksheet
Elnora Wells
MMPBL/530
December 12, 2011
Anthony L. Di Gaetano, MAOM

Human Capital Concept Worksheet Concept | Application of Concept in the Scenario | Reference to Concept in Reading | Integrating Staffing Practices with Strategy | InterClean has decided to take the company in a new direction. InterClean management must decide how to implement the company new directions to the staff. Upper management will play a major role in relining the exiting sales team. InterClean upper management realizes that the sales team is not comfortable with the change. Therefore, the adjustment will require reassurance. Upper management must change the existing training strategy. Upper management must also focus on the budget management must also focus on the budget when implementing change. InterClean staffing practices should reflect the company strategic orientation. InterClean should use the two frameworks for integrating staffing practice with strategy. | “Integrating Staffing Practices with Strategy. Both approaches require you to explicitly characterize your company’s business strategy and way of doing business and than make judgements about whether existing staffing practices appear to be aligned with your strategic orientation.” (Dreher, Dougherty, 2001, p. 102) | Employee Motivation | InterClean management is concerned with low employee morale. A successful company must find and retain motivated employees. InterClean must find a way to motivate their employees. InterClean realizes that motivating the employees will increase morale. InterClean management team should take advantage of the upcoming workshops as an opportunity to motivate the employees. Interclean should offer rewards to the employees as an opportunity to increase morale. The workshop is also an opportunity to make the staff comfortable with the staffing audit and follow-up. InterClean management realizes that management must work together with the



References: Dreher, G., & Dougherty, T. W. (2001). Human resource strategy. New York, NY: McGraw-Hill/Irwin. Fitzgerald, W. (1992, May). Training Versus Development. T + D, 46(5), 81. Retrieved Dec 12, 2011, from ProQuest database.

You May Also Find These Documents Helpful

  • Good Essays

    In this scenario, InterClean, had a plan in place that would assist the sanitation company in increasing its profitability. In doing so, there was a possibility of having to completely restructure the sales teams and marketing strategies that were already in place. The CEO of InterClean, David Spencer, is a middle aged businessman, who remains focused, and is completely driven in his efforts to ensure that this cleaning company increases its growth to become a leader within the sanitation industry. Initially, David and his team proposed a new service focus that entailed being the first within the industry to expand their cleaning company by introducing an all-inclusive service. While this is a great opportunity for growth, a huge concern is that the current sales team at InterClean is not knowledgeable on the current sanitation regulations, based on legal and environmental requirements. Because of this, Janet in HR began to work on screening new sales hires that had existing sales experience, which caused the existing employees to feel threatened for their job security. However, with the company headed in this new direction, mandatory training would take place for all employees, in hopes for boosting morale. As employees began to start rumors about the changes, the morale began to drop and they felt there was no long time employee loyalty.…

    • 1035 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    References: Dreher, George, and Doherty, Thomas W. 2001. Human Resource Strategy: A behavioral perspective for the general manager. New York: McGraw-Hill.…

    • 3552 Words
    • 15 Pages
    Powerful Essays
  • Satisfactory Essays

    References: Noe, R., Hollenbeck, J., Gerhart, B., & Wright, P. (2009). Fundamentals of human resource management, 3rd edition. New York, NY: McGraw-Hill/Irwin.…

    • 802 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    Gomez-Mejla, L., Balkin, D., & Cardy, R. (2010). Managing Human Resources, Sixth Edition. In L. Gomez-Mejla, D. Balkin, & R. Cardy, Managing Human Resources, Sixth Edition (pp. 143-146). Prentice Hall.…

    • 1189 Words
    • 5 Pages
    Powerful Essays
  • Better Essays

    Exercise 70- Wagesim

    • 1884 Words
    • 8 Pages

    Noe, R. A., Hollenbeck, J. R., Gerhart, B., & Wright, P. M. (2010). Human resource management: Gaining a competitive advantage (7th ed.). New York, NY: McGraw-Hill/Irwin…

    • 1884 Words
    • 8 Pages
    Better Essays
  • Powerful Essays

    Turnover at Walgreens

    • 1593 Words
    • 7 Pages

    The subject organization has each of its corporate department divided in sections headed by leaders, with each of them dealing with all aspects of operations conducted by the organization, a structure adopted in order to enhance efficiently and performance. The only concern therefore for management will be to pay close attention to time management and deadlines departments will have to meet. This situation led to an intense competition and rivalry among departments and sections because of workloads that keep increasing. A situation that was exacerbated by the hiring department to center its strategy on college graduates and new employees who mostly, once the 90 days probation period passed, used the organization to gain the necessary experiences to get better job; leaving the organization with cut in its workforce, employees that are more concerned about their next best job when they leave rather than building team cohesion and camaraderie, and high turnover rate.…

    • 1593 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Cherns staffing

    • 1811 Words
    • 7 Pages

    Because the strategic staffing process is a future-oriented process, it is valuable to identify both short term and long term goals that involve attracting, developing and retaining the right number of the best appropriate talent. Table 2 contains both short-term and long-term process goals and outcome goals for CHERN’s strategic staffing and provides a rationale of why this are important to help achieve the business strategy.…

    • 1811 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Stewart, G. L., & Brown, K. G. (2009). Human Resource Management (Custom Edition ed.). Danvers, MA: John Wiley & Sons.…

    • 1576 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    Additional recommendations for this strategic staffing strategy, to be implemented effectively and meet organizational goals may consist of;…

    • 472 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Noe, R. A., Hollenbeck, J. R., Gerhart, B., & Wright, P. M. (2011). Fundamentals of human resource management (4th ed.). Chicago, IL: McGraw-Hill.…

    • 306 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Summarizing and Presenting

    • 1244 Words
    • 5 Pages

    As, the leading manager Barbara Tucker 's is in charge of three divisions at this site. She was concerned about the companies major issues that seem to be declining in the past several months. She wanted to find out why staff moral was low and why the company turnover rate was higher than usual. The information received from exit interviews did not show any information of what was causing the problem. So together with her department heads and supervisors they decided the problem was employee morale, but they were still undecided on why this was happening. She noticed that BIMS has a high turnover rate of 55% to 60% with this company. However, within the past four month the rate is continuously climbing and has reached 64%. This has created an increase in cost to replace workers and it shows that they are also leaving without giving a reason why.…

    • 1244 Words
    • 5 Pages
    Good Essays
  • Good Essays

    References: Gomez-Mejia, L. R., Balkin, D. B., & Cardy, R. L. (2010). Managing Human Resources (6th ed.). Retrieved from https://ecampus.phoenix.edu/secure/aapd/cwe/citation_generator/book_04_01.asp.…

    • 1022 Words
    • 5 Pages
    Good Essays
  • Good Essays

    One of the main challenges that IMC faces is whether it is valid or is it just another management ‘fad’? It has been described as just traditional marketing glamorised, suggesting that it is not new and it has few management implications. (Schultz & Kitchen 1997)…

    • 1547 Words
    • 7 Pages
    Good Essays
  • Powerful Essays

    As David Mankin mentioned in his book, “Inevitably globalization is having a huge impact on the role, nature, and purpose of HRD in organizations of all sizes and sectors across the world” (2009). Obviously, facing the economical globalization, development of technology, the coming of information age and lowering of trade barriers, as a result firms have to think of new and effective ideas to compete with other competitors. Human capital is the most special asset of a company. It is special because people cannot be separated from their knowledge, skills, health, or values in the way they can be separated from their financial and physical assets (Becker, 2008). The result, organizations’ aim is to make their own human capital special that other organizations cannot copy. Competitive advantage is secured when organizations have skills and capabilities that are unique, difficult to replicate and imitate by competitors (Rainbird, 1995). HRD is a process of developing and unleashing human expertise through organization development, personnel training and development for the purpose of improving performance (Swanson & Holton, 2001). McCracken and Wallace have mentioned in their article that, organizations should ensure any investment which is made in human capital with the promotion of HRD strategy is clearly linked to the wider corporate strategy (2000). Strategic approach to HRD is a relative new concept in HRD and training and development fields. It is not a traditional training and developing view of interventions in response to specific problems of organizations (Beer & Spector, 1998). A strategic approach to HRD is a multi-level concept whose contribution to the organization is to enhance its performance in the long-term (Garavan, 2007). It suggests that the HRD activities should integrate with the strategies, aims and goals of the organization. This paper mainly talks about the objectives for organizations to choose strategic approach to human resource management…

    • 2353 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    This project is being given our respected resource person Mr. khuram Shazad. He has given us the background of SHRM that how difficult it’s in Pakistan to establish. He has given us the outline of the project that how to do this project and given us all necessary help to conduct…

    • 5379 Words
    • 22 Pages
    Powerful Essays