Question #1:
- First step is to select two companies in the same industry sector (hotels, restaurants, post-secondary institutions for example) one company must be utilizing a low-cost provider strategy and the other a differentiation strategy.
- Your task is to compare and contrast the practices of these two organizations with particular emphasis on the impact these business strategies have on the following human resource management functions including:
- recruitment and selection,
- orientation and training,
- performance appraisal and
- compensation
- Ensure that as you compare and contrast that you provide at least 3 items (insights) per HRM function noted (4) for each organization.
- Your submission can be completed in chart format with bullets.
An effective way of tackling this exercise is to select two businesses with which you are familiar as this gives you some additional knowledge. Please feel free to interview HR professionals working in the organizations you have selected, and ensure that you conduct any secondary research required to provide a comprehensive comparison and contrast.