MGT491-DISC-2

As organizations spread across the globe, managers increasingly address changes needed to their talent/employee management programs.

Locate a source or two addressing the needs of HRM in a specific multinational organization. (Select an organization you have not studied previously.) Provide a summary of the activities, processes, and policies that this organization is using and their effectiveness. Substantiate your perspectives by bringing in background materials and/or external resources.

Additional Key Elements of the Assignment:

Your Initial Post should occur in a timely manner (by the third day of the module for full timeliness points). Include the original questions along with your initial, informative post. Support your post with information from at least one reference and provide complete source information (so that your peers can find the article if they wish). Bring in your own personal experiences, as applicable. 

Answers the question and respond to the other 2-question with one paragraph.

1.I do apologize for my tardiness. I was out due to illness, but back ready to catch up with the class. 

The two organizations I look at were Mitsubishi and Walmart

To achieve sustainable business development well into the future, Mitsubishi is pursuing the establishment of a flexible and diverse global management system. In order to continuously produce and secure global and regional managerial talent at every level to serve as the driving force of our corporate growth, HR will accelerate the following initiatives in carrying out the 2018 Medium-Term Business Plan:

· Redefine criteria such as experience, qualifications, etc. required in management positions

· For Section Manager and higher, select candidates for future executive positions under a new framework based on the redefined requirements cited above

· For the candidates selected above, introduce a development process focused on younger employees that will provide them the experience needed as executives and enable them to proceed along the evaluation cycle

Going forward, we will also take steps to achieve earlier appointments and expand diversity in officers and executives, striving to produce and thereby ensure managerial talent in various ways; for example, by creating and applying more flexible compensation systems with incentives suited to global management and global mobility policies affecting international assignments.

Walmart’s human resource management addresses recruitment needs using different recruitment sources and methods suited to different positions in the organization. The company also uses retail industry-specific criteria in its selection process. To optimize employee retention, Walmart’s human resource management strategy includes a continually evolving compensation program, together with employee-relations management and career development.

Walmart’s human resource management uses the Delphi method to ensure adequate human resources in establishing new brands, stores or other facilities. For example, HR experts can opine about the HR needs in opening a new Walmart store of a certain size. The company’s human resource management applies the Delphi method to estimate the number of employees needed in each type of job, such as supply chain jobs, inventory jobs, and sales jobs.

References:

Walmart’s HRM: Recruitment, Selection, Employee Retention: http://panmore.com/walmart-human-resource-management-recruitment-selection-employee-retention

Mitsubishi Human Resources Strategy:

https://www.mhi.com/finance/mr2018/management/human_resource.html

2. One of the main goals of HR management in multinational companies is to build global employee community with unique company culture and values. ... Legal compliance- Every country has its own labor law and HR department of each foreign subsidiary needs to fully align company policies with it.

Orange S.A. is one of the largest telecommunication companies, with more than 170,000 employees around the world.The company recently introduced their strategic plan for 2020. One part of it is dedicated to establishing a new kind of relationship between the company and its employees. Their goal is to create a completely new work environment that will motivate 9 out of 10 employees to recommend Orange (as a perfect employer) to their friends, colleagues and acquaintances by the year 2020. They plan to do this by implementing three essential strategies for creating new employee prospects: Securing the skills needed for tomorrow: they do this by offering a wide range of training and developmental opportunities. Developing collective agility: they plan to do this by improving productivity by assigning the same tools company wide which will improve their work life quality. Fostering individual commitment: Orange S.A. employees are from all over the world and offer various skills and talents. Based on this productive mix of expertise, languages, customs and cultures, Orange is trying to bring out the best talents and award them with higher management positions.

Toyota Motor Corporation is one of the world’s second largest successful companies in making automobiles by sales and production after General Motors. Three key factors in the success of Toyota are: Compensation and benefits: this system serves as an inducement and make them to guarantee that the recruitment and the retirement of talented and skilled employees will stay in the organization. Employee and Labour Relations: TMC ensures that all of their employees are fairly treated according to their compulsory abidance to the law rules and regulations. Safety and Health: TMC is concerned for their employees overall physical and mental well-being and believes that healthy employees will provide the cornerstone for better quality of life.

References:

Answers Ltd. (2019, March 18). The Human Resources Management at Toyota. Retrieved from https://www.ukessays.com/essays/business/the-human-resources-management-at-toyota-business-essay.php

Vickery, N. (2016, July 30). Managing HR in multinational corporations - Orange example. Retrieved from https://www.hrzone.com/community/blogs/natevickery/managing-hr-in-multinational-corporations-orange-example