MGT4006 Human Resource Management
HRM and Business Strategies
Select a publicly traded company to research and evaluate its Human Resource (HR) and business strategy, HR department job positions, and ways it markets its company regarding human capital. Some company Websites that provide this information are listed below:
Marriott: http://www.arubamarriottcareers.com/JobDescriptions.html
Allstate: http://www.jigsaw.com/id209321_d40/allstate_insurance_human_resources_business_contacts.xhtml
State Farm: http://www.statefarm.com/about/retirees/news_articles/hr_serv_assist.asp
Ford Motor Company: http://corporate.ford.com/careers/career-paths/human-resources?&ccode=US
Propose how you would ensure the HR strategy is in alignment with the business strategy.
Describe the HR job positions and the responsibilities listed for that HR department.
Determine which HR job positions you would prefer and explain why.
Analyze how the selected company can establish HRM strategies to improve competitive advantages.
Propose three (3) ways that the company can increase diversity.
Answer
Human Resource Management
Introduction
Role of Human Resources has gone traditional recruitment and termination or offering induction to an in-depth position further emphasizing on another facet of an organization such as focusing on employee engagement and satisfaction (Treven, 2017). Not every company values or efficiently recognizes its human resource unit. Ford Company USA in such a case identifies its HR unit as means of support as the department proficiently provides high revenue on the business’s investments in its people (Ford Corporate, 2018). The following paper will offer the way Ford USA has been valuing its HR department and thus gaining utmost success with high employee satisfaction and engagement.
Discussion
At Ford USA, the company aims to advance further to not only in delivering high range cars but also providing high satisfaction and agreement to its employees. The company is developing successfully without sacrificing its revenue rates (Ford Motor Companies, 2018). Treven, (2017) revealed that in the past years, Ford USA has been persistent to offer substantial pension scheme plans to its workforce and delivered remarkable profit-sharing pension plans to its U. S hourly employees and amplified company’s shareholder dividend. The HR unit of Ford U.S primarily comprised of HR Labor Relations Representative who are accountable for successfully developing company’s labor policies by supervising the management of industrial labor relations and further negotiating mutual bargaining agreements with the unions (Ford Corporate, 2018). The Labor Relations Representative further is responsible for grievance handling from unionized employees and proficiently ensures compliance with the Ford’s contract following to the consultation procedure with the executive management (Ford Corporate, 2018).
At this juncture, Treven, (2017) has noted that students of Human Resource Management can significantly relate to the role of HR executive as a primarily role. The role of HR executive essentially performs the basic functions of the HR unit such as handling areas related to employee management as well as maintenance of HR records. Students of HRM comprise a good negotiation communication skills as well as conflict management skills and further signify the company in conciliation with external agencies.
Ways in which Ford Motor Company U.S can increase diversity
Training and Induction- Ford Motor U.S can promote vital diversity centric initiatives across the world by efficiently performing unconscious bias training and knowledge developments. Such a program will facilitate the company to efficiently recognize employee’s individualistic preferences and the way these preconceived notions impact the decision-making processes of the company (Ford Corporate, 2018).
Value Minority Sections of the Workforce- According to (Treven, (2017), Ford Motor U.S recruits employees of diverse ethnic and racial backgrounds across the country. However Ford can leverage this section to establish resource groups and show responsiveness to the ranging issues the company is encountering. Ford can derive ideas from Google which constitutes around 11 employee resource groups that comprises of women, senior citizens and employees with certain forms of disabilities (Ford Corporate, 2018).
Network Expansion- Ford Motor U.S to successfully attain greater degree of candidates must expand its web of association. The company must further reflect its leadership skills that will often be represented at the conferences about company’s diversity and inclusion endeavors (Ford Motor Companies, 2018).
Conclusion
To conclude, it must be stated that Ford Motor U.S HR unit is essentially responsible for creating, executing and supervising policies between its workforce and the management team of Ford.
References
Ford Corporate. (2018). Company. Retrieved from https://corporate.ford.com/company.html
Ford Corporate. (2018). Retrieved from https://corporate.ford.com/careers/departments.html?&ccode=US
Ford Motor Companies. (2018). Ford – New Cars, Trucks, SUVs, Crossovers & Hybrids | Vehicles Built Just for You | Ford.com. Retrieved from https://www.ford.com/
Treven, S. (2017). The importance of human resource management for the success of the company. Management: journal of contemporary management issues, 5(1), 83-93.
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