OL 211 FINAL PROJECT (ASSURED A)

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OL 211 FINAL PROJECT (ASSURED A) Human resources are a valuable paradigm for how businesses are effectively running today. Having organizational structure and an effective plan of action sets a cle ... ar perspective and aspiration for companies while identifying resources within the people that are hired. It is important to empower the human resource department to ensure that it assists businesses with growth and success. The integration of the human resources and the management team will ensure guarantee achievements of the organization with recruitment, training, & retention of employees (Baker, 2016). In this case study, we will examine important concepts of the human resource department through the lens of the Maersk Corporation. Human Resource Management Functions and Practices Strategic human resource planning is about combining planning of human resources to the business’s critical outline to ensure that human resource activities are supporting and advancing the organization's strategy. Human resources are vital in strategy foundation, because human resources assist the company to determine whether a strategy should be implemented within the core of the business structure of the company. A comprehensive plan from human resources will support other departments such as marketing, financial, operational and technology departments to support the direction in which the organization is moving. It would be a fatal error to develop and implement human resource strategies without having regard for the goals and objectives of organization. With the prominence of globalization, the Maersk Group is guided by many factors of engaging in seeking diverse individuals that can contribute a range of ideas and influences to assist the organization. With many companies integrating globally, many business operations need to unify their company operations to conduct business worldwide. Worldwide integration or globalization is a term that refers to the unification of business’s operations, methods into OL 211 FINAL PROJECT 3 divergent cultures, merchandise, supplies and concepts. Since there is significance on diversity, this integration on a global level has a profound impact on how business govern their employees. Human resources can prepare organizations to manage the global conditions of businesses, but human resources face a supply and demand of talent that can be diverse in cultures, languages and social backgrounds. Businesses appealing to this distinct headhunting acknowledges the value of having the right workers within the organization that can contribute to the strategic plan of the company. Staffing In the document, A.P. Møller - Maersk Group: Evaluating Strategic Talent Management Initiatives, Maersk Group learn that strategic planning is essential to moving the company ahead. The company had traditionally relied on training inexperienced individuals, but the company experienced growth, it needed experienced professionals and managers to run the organization (Groyberg & Abbott, 2013). The company had focus on entry level training for individuals two years and sent to them oversees to run operations of the company. After experiencing a lack of return on these employees and the cost to train them, the program was closed (Groysberg & Abbott, 2013). [Show More]

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