Human resources management question: The exercise is designed to have students r

Question

Human resources management question:

The exercise is designed to have students review and consider the goals of various developmental approaches used by organizations.

Set Up the Exercise

Review the six approaches (a2f) used to develop global managers in the table in Exhibit 4A–1. Answer the following for each approach.

1. What can the firm accomplish with the approach used?

2. What would the cost-benefit analysis for each approach illustrate?

3. How do your answers to questions 1 and 2 compare with those of other students?

4. Why are students’ responses different?

EXHIBIT 4A-1 Developing Global Managers Company Program Gives American business students summer jobs in which they work outside the United States for up to 10 weeks. Also transfers junior managers with at least two years' experience to other countries. a. American Express Co.'s travel-related services unit Source: Reprinted by permis- sion of The Wall Street Journal © 1992 Dow Jones & Com- pany, Inc. All rights Reserved Worldwide. License number 2765000141621 b. Colgate-Palmolive Co Trains about 15 recent college graduates each year for 15 to 24 months prior to multiple overseas job stints. Will expose selected midlevel engineers and managers to foreign language and cross-cultural training even though not all will live abroad c. General Electric Co.'s aircraft-engine unit d. Honda of America Has sent about 42 American supervisors and managers to the parent company in Tokyo for up to three years after preparing them with six months of Japanese language lessons cultural training, and lifestyle orientation during work hours Brings about 25 young foreign managers a year to the United States for one-year assignments in bottling plants Manufacturing Inc. e. PepsiCo Inc.'s international beverage division f Raychem Corp Assigns relatively inexperienced Asian employees (from clerks through middle managers) to the United States for six months to two years

Explanation / Answer

Question1. What can the firm accomplish with the approach used?

Answer1: The firms used the above approaches for global development of the managers/engineers for managing the current and future needs of their businesses. These approaches are basically designed by the HRM of the organization for meeting the needs of skill-sets required for the organization. These initiatives are basically to develop skills and experience needed for supporting the global businesses.

The below approaches help the firms to develop the human resources in to capable and skilled managers/ engineers for the organization. These capable and skill managers and engineers will be able to meet the future talent demand of the organization. These are the strategic initiatives for human resources development for organizational needs. This will help the organization to avoid the lack of skilled employees in the organization in future. These skilled manager/engineers will help the organization to achieve the desired organizational goal and objectives.

Question2. What would the cost-benefit analysis for each approach illustrate?

Answer 2: The cost benefit analysis for each of the approaches would be to analyze the benefit the organization will get from these approaches after executing these costly approaches.

The organization needs high cost for managing the oversea job/assignments for the managers/engineers for the given respective time period. Thus the organization is investing a lot for developing and getting the managers/engineers to the required skills. These skills and experience will help the organization to achieve future business goal and objectives.

Input cost is the living expense of managers/engineers for hosting at abroad locations and benefits is the skills and experience used by managers for achieving business goal and objectives.    

Question3. How do your answers to questions 1 and 2 compare with those of other students?

Answer 3: For above answer 1and 2 with other students,

Question4. Why are students’ responses different?

Answer 4: The student’s responses are different, as students are not highly interested and curious for the developing the skill sets and experience, because the students are not aware and they could not be able to foresee the future potential requirements of such skill sets and experience.

But this is the need of the organization to have the required global skill set and experienced managers/engineers for meeting future business needs. So organization is serious but students are not serious as the need is of organization and not of students. Hence there is a different response observed from the students.

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