Question

Company - Inspira Marketing Explain in detail HRM could support managers activities via an operational, a...

Company - Inspira Marketing

Explain in detail HRM could support managers activities via an operational, a tactical and a strategic perspective in the company.

Explain in detail which leadership style is appropriate in the company to improve productivity and motivation levels with an organization. Contrast with other leadership styles.

Explain in detail the role of team culture in the development of corporate social responsibility policies for your company.

Homework Answers

Answer #1

ANS.1. Strategic planning is an organization’s process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy.

Strategic planning is an organization’s process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy. Generally, strategic planning deals, on the whole business, rather than just an isolated unit, with at least one of following three key questions:

  • “What do we do?”
  • “For whom do we do it?”
  • “How do we excel?”

For example, the first and third questions are those that motivate an acquisition. Acquisitions are thus strategic choices. Typically strategic choices look at 3 to 5 years, although some extend their vision to 20 years (long term). Because of the time horizon and the nature of the questions dealt, mishaps potentially occurring during the execution of a strategic plan are afflicted by significant uncertainties and may lie very remotely out of the control of management (war, geopolitical shocks, etc.). Those mishaps, in conjunction to their potential consequences are called “strategic risks”. Untapped opportunities can also be seen as strategic risks, but in this post we will not analyze those upward-risks aspects.

Tactical planning is short range planning emphasizing the current operations of various parts of the organization. Short Range is generally defined as a period of time extending about one year or less in the future. Managers use tactical planning to outline what the various parts of the organization must do for the organization to be successful at some point one year or less into the future. Tactical plans are usually developed in the areas of production, marketing, personnel, finance and plant facilities. Because of the time horizon and the nature of the questions dealt, mishaps potentially occurring during the execution of a tactical plan should be covered by moderate uncertainties and may lie closer to the control of management (next year shipping prices, energy consumption, but not a catastrophic black-out, etc.) than strategic ones. Those mishaps, in conjunction to their potential consequences are called “tactical risks”.

Operational planning is the process of linking strategic goals and objectives to tactical goals and objectives. It describes milestones, conditions for success and explains how, or what portion of, a strategic plan will be put into operation during a given operational period.
An operational plan addresses four questions:

  • Where are we now?
  • Where do we want to be?
  • How do we get there?
  • How do we measure our progress?

Operational risks are those arising from the people, systems and processes through which a company operates and can include other classes of risk, such as fraud, legal risks, physical or environmental risks. Operational risk are those resulting from inadequate or failed internal processes, people and systems, or from external events (man-made or natural hazards). A tailings dam failure, an open pit slide, a black-out (man-made or natural external hazard), and explosion in a processing plant are all operational hazards generating operational risks.

Strategic human resource management is key for the retention and development of quality staff. It’s likely that employees will feel valued and want to stay with a company that places a premium on employee retention and engagement. Before you implement strategic human resource management, you will need to create a strategic HR planning process using the steps below:

  1. Develop a thorough understanding of your company’s objectives
  2. Evaluate your HR capability
  3. Analyze your current HR capacity in light of your goals
  4. Estimate your company’s future HR requirements
  5. Determine the tools required for employees to complete the job
  6. Implement the human resource management strategy
  7. Evaluation and corrective action.

ANS. 2.

An effective leader is the first and foremost condition for a successful business. The hugely successful leaders adopt a combination of multiple leadership styles or just one selective style.

As a fluid practice, leadership is always changing and improving the way the company grows. There are different types of leadership styles exist in a work environment. The culture and vision of an organization determine which one is the most suitable style.

Types of Leadership Style

  1. Transformational Leadership

One of the most effective leadership styles is the transformational leadership style. Transformational leaders inspire their staff through effective communication and collaboration and thus initiating the path to success. They set challenging goals and higher expectation from each employee eventually achieving a greater result.

These individuals are often blue-sky thinkers. For the successful implementation of their strategic visions, the organization might need more detail-oriented managers.

  1. Democratic Leadership

Democratic leadership is another highly effective leadership style. Often known as Participative leadership, in this style the leaders often ask help and collaboration from their subordinates.

This leadership usually reports higher levels of job satisfaction and the company can benefit from individualistic creativity. However, this style involves more than one individual in the decision-making process which makes the process slower.

ANS.3.

Role of corporate social responsibility include:

  • Responsible sourcing of materials and supplies
  • Employee, vendor, customer and community engagement and relations
  • Adherence to labor standards
  • Environmental protection and management
  • Anti-corruption measures
  • Upholding social equity, gender equity and other human rights goals
  • Conservation of resources, like water and energy, in production
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
company callaway golf Using the organization below, prepare a written report that includes the following information:...
company callaway golf Using the organization below, prepare a written report that includes the following information: 1. Explain in detail HRM could support managers activities via an operational, a tactical and a strategic perspective in the company. (25%) 2. Explain in detail which leadership style is appropriate in the company to improve productivity and motivation levels with an organization. Contrast with other leadership styles (25%) 3. Explain in detail the role of team culture in the development of corporate social...
company callaway golf Using the organization below, prepare a written report that includes the following information:...
company callaway golf Using the organization below, prepare a written report that includes the following information: 1. Explain in detail how external factors affect the company’s structure. (25%) 2. Explain in detail HRM could support managers activities via an operational, a tactical and a strategic perspective in the company. (25%) 3. Explain in detail which leadership style is appropriate in the company to improve productivity and motivation levels with an organization. Contrast with other leadership styles (25%) 4. Explain in...
Project 1 Explain how your organisational systems, policies or procedures can support the development of effective...
Project 1 Explain how your organisational systems, policies or procedures can support the development of effective work relationships focusing on communications, consultation, feedback, cultural and social sensitivity, and issue & conflict resolution. Ensure you include in your discussion the following points: communicating information to support others to achieve work responsibilities facilitating employees' contributions to consultation on work issues providing feedback on the outcomes of consultations resolution of issues raised or referral to relevant personnel establish and/or implement policies to ensure...
Sign In INNOVATION Deep Change: How Operational Innovation Can Transform Your Company by Michael Hammer From...
Sign In INNOVATION Deep Change: How Operational Innovation Can Transform Your Company by Michael Hammer From the April 2004 Issue Save Share 8.95 In 1991, Progressive Insurance, an automobile insurer based in Mayfield Village, Ohio, had approximately $1.3 billion in sales. By 2002, that figure had grown to $9.5 billion. What fashionable strategies did Progressive employ to achieve sevenfold growth in just over a decade? Was it positioned in a high-growth industry? Hardly. Auto insurance is a mature, 100-year-old industry...
CASE STUDY ON LEADERSHIP/ Aidensfield hospital currently faces major problems with staff, management, general performance and...
CASE STUDY ON LEADERSHIP/ Aidensfield hospital currently faces major problems with staff, management, general performance and service quality. It is conceivable that these problems are related to the ‘leadership’ styles adapted by those in charge. The senior management have proposed some changes within the organisation to hopefully make improvements but making such decisions requires an in-depth understanding of what is going wrong and why. Leadership as a concept is often considered in isolation when in reality, it is coherent with...
Morning Dew Company Ltd is a private company that has grown from small beginnings over the...
Morning Dew Company Ltd is a private company that has grown from small beginnings over the past 20 years to become a major supplier of hair-care products to the hairdressing trade. Its products are well liked by professional hairdressers and the company enjoys a dominant share of the market. Morning Dew has not, until recently, considered supplying their products to the retail market, but enquiries from a major national retail chain has led to the supply of samples and the...
Last week, President Donald Trump announced proposed tariffs (import taxes) on imported steel from Canada, Mexico...
Last week, President Donald Trump announced proposed tariffs (import taxes) on imported steel from Canada, Mexico and the European Union (27 countries in greater Europe). In the United States, workers in our steel industry applauded this action, but internationally, this move was met with great criticism. Question 1- Why do you think American steel workers are in favor of the tariffs? (10 points) Question 2 – Why would the involved countries be upset with these tariffs? (10 points) Question 3...
CASE STUDY Jim Smith had finally reached the big decision. He had been considering it for...
CASE STUDY Jim Smith had finally reached the big decision. He had been considering it for some time, but after a number of sleepless nights, and discussions with his family, he had decided on a retirement date. Jim was Vic-President of Sales and Marketing for Safeco Inc. Safeco produced, marketed and sold Health and Safety Prevention promotional material. Jim had worked for Safeco for 26 years. He was fiercely loyal to the organization and wanted to make sure that he...
urgent please provide 3 multiple choice questions with correct answers. Since the early days of Google,...
urgent please provide 3 multiple choice questions with correct answers. Since the early days of Google, people throughout the company have ques- tioned the value of managers. That skepticism stems from a highly techno- cratic culture. As one software engineer, Eric Flatt, puts it, “We are a company built by engi- neers for engineers.” And most engineers, not just those at Google, want to spend their time designing and debugging, not communicating with bosses or supervising other workers’ progress. In...
What tools could AA leaders have used to increase their awareness of internal and external issues?...
What tools could AA leaders have used to increase their awareness of internal and external issues? ???ALASKA AIRLINES: NAVIGATING CHANGE In the autumn of 2007, Alaska Airlines executives adjourned at the end of a long and stressful day in the midst of a multi-day strategic planning session. Most headed outside to relax, unwind and enjoy a bonfire on the shore of Semiahmoo Spit, outside the meeting venue in Blaine, a seaport town in northwest Washington state. Meanwhile, several members of...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT