Discuss the effective application of standard human resource practices in small to mid-sized manufacturing enterprises (SMEs)
I need assistance in designing a program that structures incentive pay and links it to a China manufacturing SME's organizational strategies and effectiveness
Human resource professionals have been trying to elevate the stature of the HR function in organizations by linking HR more specifically to organizational strategy. In the past, and from a merely economic perspective, HR has traditionally been viewed as a cost center, rather than as the vital resource to the organization that it is. HR professionals increasingly need to justify the ROI for programs that they recommend.
However, in this case I need you to specifically link HR initiatives to organizational strategy and effectiveness. Begin by imagining that you work for a global consulting firm and have just completed several of years of work stationed first in Australia, then in Vietnam, providing human resource management consultation to small and medium sized enterprises (SMEs) in those countries. Your company is expanding into the China market, and has reassigned you to rapidly developing provinces in China to leverage the firm's SME HR consulting expertise in China, specifically in the area of manufacturing SMEs and sales.
Follow the steps set out by Holmes (2005) and Becker and Huselid (2003), so that you can:
Design a program that structures incentive pay and links it to a China manufacturing SME's organizational strategies and effectiveness
You can assist me in this assignment in a generic way, or you can search for an article about a small manufacturing enterprise that you would like to design a program for. It is fine to make some educated guesses and approximations in this case. Instead of providing a detailed blueprint for the structure of your case, I'd like to offer you the flexibility to design your report in the way that you think will make the best argument to the SME senior management, as there are many ways in which you could approach this assignment.
Please prepare a 4-5 page paper, not including cover and reference page, double spaced, 1" margins, in which you:
1. Discuss the effective application of standard human resource practices in small to mid-sized manufacturing enterprises (SMEs), and the ways in which they differ from HR practices in large corporations.
2. Draw upon at least four of HR initiatives to organizational strategy and effectiveness.
3. Use headings and subheadings to clearly show the structure of your analysis.
4. Be sure to include a reference page of references used for analysis described above.