Review Case Study: "NEW HR strategy makes lioyd's best compary"
With the help of case study answer the following questions:
Q1. What skills does Black think employees need to work successfully in the area of HR?
Q2. What are some of the outcomes of the company's new HR strategy?
Q3. What do you think might be some of the challenges of establishing HR policies for a global company?
Q4. What types of situations do you think might require an HR manager to say "no"?
1. Explain how human resources managers and other managers can have rewarding careers by helping their firms gain a sustainable competitive advantage through the strategic utilization of people.
2. Explain how good human resources practices can help a firm’s globalization, corporate-social responsibility, and sustainability efforts.
3. Describe how technology can improve how people perform and are managed.
4. Explain the dual goals HR managers have in terms of increasing productivity and controlling costs.
5. Discuss how firms can leverage employee differences to their strategic advantage and how educational and cultural changes in the workforce are affecting how human resources managers engage employees.
6. Provide examples of the roles and competencies of today’s HR managers and their relationship with other managers.