subject- human resource planning 1. Choose a topic from the list below: Successi

Question

subject- human resource planning

1. Choose a topic from the list below:

Succession Managment
Change Management
Downsizing
Restructuring
Mergesr
Acquisitions
Outsourcing

2) Find a company to research the topic

3) Create an HR report that outlines how to deal with this specific topic for your chosen company - 1000 words, table of contents, summary plan, plan of action, list of recommendations and potential outcomes

4) Make sure your report includes course content and shows that you are learning new information and APPLYING this information.

thank you

Explanation / Answer

The topic I choose is MERGERS

Table of Contents:

1.Defining merging

1.1 Types of Merging

1.2 Introducing Merged Company

2. Action plan

2.1 Strategic initiatives

3. Potential outcomes

3.1 Positive Outcomes.

3.2 Negative Outcomes.

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1.Merging :

Merging means combining, ie an agreement made between two existing companies to continue its business with new innovations, technology, to reach different markets, to gain market share. The companies which are ready to merge are more or less same in the size, scale of operations etc. After a merger, shares of the new company are distributed to existing shareholders of both.

1.1 Types of Mergers:

.Conglomerate: Companies from 2 different sectors merge

.Congeneric:  companies operate in the same market join to form a new business entity, new product line from one company is added to an existing product line of the other company
.Market extension: that sell the same products but compete in different markets

.Horizontal Merger occurs between companies in the same industry. The merger is a part of consolidation between two or more competitors

1.2 Introduction to merged company

Maruthi an Indian based leading Car Manufacturer and Suzuki Japanese car Manufacturer got merged as Maruthi Suzuki to gain a great market share in Indian Market in 2004.

The Path to Success for Maruti was as follows which Japanese management ought to follow :

a)teamwork and recognition (each employee future dependant on company growth).

(b)Disciplined work in the organization.

(c) Great efforts to improve the productivity.

(d) improvements in quality and reduction in cost.

(e) customer satisfaction.

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2. Plan of action

2.1. KEY STRATEGIC INITIATIVES BY MARUTHI :

1.Cost reduction and increasing operating efficiency and learned a lot from their parent company Suzuki, based on redesigning, cost and enhanced productivity, it came back to competition.

2.Pricing: It manufactured cars with different variants which are economical and affordable

3.Offering One stop shop for the customers: Maruthi has entered into financing and insurance to create an environment for customers to shop in one place without searching for any other brands for their cars.

4. Redesigning: They redesigned their product with different changes, to attract the customers eg: Baleno car prices has been reducing from 7lk to 5.6 lk to attract more customers.

5.Customer Feedback: They took an account of the customers' needs and complaints and made suitable changes accordingly

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3. Potential Outcomes:

3.1 positive outcomes:

3.2 Negative outcomes:

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