Course: Strategic HRM

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NMIMS Global Access
School for Continuing Education (NGA-SCE)



Course: Strategic HRM



Internal Assignment Applicable for June 2016 Examination

Assignment Marks: 30

Instructions:

·         All Questions carry equal marks.
·         All Questions are compulsory
·         All answers to be explained in not more than 1000 words for question 1 and 2 and for question 3in not more than 500 words for each subsection. Use relevant examples, illustrations as far aspossible.
·         All answers to be written individually. Discussion and group work is not advisable.
·         Students are free to refer to any books/reference material/website/internet for attempting theirassignments, but are not allowed to copy the matter as it is from the source of reference.
·         Students should write the assignment in their own words. Copying of assignments from otherstudents is not allowed.



Question. 1. Among major strategic management techniques like e-recruitment, outsourcingrecruitments, headhunting and assessment centres, which one do you prefer the most for recruitingthe branch managers for a bank across various locations in India and why? Supplement your replywith adequate reasoning. (10 Marks)

Answer:Recruitment is 'scanning for and acquiring potential competitors in adequate numbers and quality so that the association can choose the fitting individuals to fill its employment needs'; Selection is concerned more with 'foreseeing which hopefuls will make the most suitable commitment to the association now and later on'. The enlistment and determination procedure is worried with distinguishing, drawing in and picking reasonable individuals to meet an association's human asset necessities.

The bore of new recruits is of clear significance to a



Question.2. Career development, career planning and career management essentially mean the samething. Do you agree? Bring out the similarities or dissimilarities among the concepts based on yourresponse. (10 Marks)

Answer:On the off chance that you need to change roles or excel in your career, it's critical that you know how to recognize and seek after circumstances that are a decent match for your intrigues, aptitudes, and circumstances.

This requires significant investment. You can think about the procedure of discovering open doors as an adventure that will in the end lead you to an energizing yet



Question.3. Read the case study carefully and answer the questions.

You have learnt from your sources that there has been a move to poach a significant number ofemployees in the leadership cadre from your organization.

Your organization already has a very high attrition rate owing to stressful work culture,bureaucracy, limited potential for growth, lower work life balance as compared to otherorganizations for the mid managerial cadre.

It is inevitable that you ensure that you retain the leadership cadre to continue having yourcompetitive advantage in the market.

Analyze the given scenario and answer the following questions:


a)How will you formulate a retention strategy for the top management? (5 marks)

Answer:One of the greatest challenges confronting employers today is finding and keeping great employees. This article depicts some viable employee maintenance systems that will help you hold great staff and build up a steady workforce.

The initial step is to comprehend why representatives clear out. The second is to actualize employee maintenance techniques to motivate them to sit tight.

Five fundamental reasons why employees leave




b)What HR policies will you introduce to lower turnover at the mid managerial level?(5 marks)

Answer:Managing workforce profitability includes tolerating obligation regarding improving the ROI (rate of profitability) for work cost, pretty much as different capacities accomplish for their exercises. While some in HR would contend that it's the administrator's part to build efficiency, it's sheltered to accept that directors are not specialists, nor are they learned about how to do as such.

Expanding efficiency is a standout amongst the most basic objectives in business. Sadly, it's a movement at times acknowledged by HR experts as an authentic command. While most HR experts recognize that their occupation involves setting up approach, strategies, and projects Managing individuals administration, few endeavor to interface such components to expanding worker yield (volume, rate, and quality) per every dollar spent on


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