HR Management Assignment help on : Issues being faced by Global industries

1. Introduction  

In this short report issues being faced by Global industries because of downturn in economies are being highlighted. To manage cost some leaders have been suggesting Vice president of Human resource Department to stop training and development activities to manage financial budget (Alan Chapman     2010). It is being suggested that instead of training own talents it is better option to outsource it from competitors. It is being explained that training programs are just being conducted for creating fun which were used successfully when business was earning profits. At present times Human resource manager needs to explain certain aspects regarding does these training programs help in growing business by increasing performance of people. The training programs and emotions of employees are being judged in term of money and it is being suggested to abolish existing Human Resource Department. The vice president of Human Resource Department was being asked to justify his points in front of management that training and development is required at organization.

2. Role of HRD with Global Industries

The HRD plays a vital role in managing global industries and its people. It is a best way to increase performance of employees by creating abilities, knowledge and skills. It helps in boosting up confidence by motivating employees to give their superior performance.  It helps in reinforcing skills among front line people by planning their career, assigning right job to the right person and linking rewards and recognition for meeting drivers of business such as cost, new development, learning and etc. It helps employees to cope up with changes in terms of technology, political, cultural, and economical environment for growing the business.  It will ensure fairness among employees of Global industries by fixing priorities, encouraging for superior performance, assigning meaningful work to employees, and developing a healthy working climate.  It helps in appropriate recruitment and selection of the employees. The Human Resource Development process helps in designing appropriate work systems by linking it with performance of employees. It will help employees to of Global Industries to enforce the learning factor. It will support Global Industries to manage changes in terms of social, political, economical and cultural aspects by creating sustainable business (Louisiana State University   n.d).

3. Is training a ‘luxury’ that cannot be afforded in times of economic downturn

Training should not be treated as Luxury at times of economic downturn. It should be invested by management of Global Industries because training programs will help in bridging up gaps in terms of skills, knowledge and abilities of employees.  At global industries management can ask HR department to reduce number of unrelated training sessions which will save time and several types of costs (Robert Bacal    2012). Moreover HR Department must have an ability to link training sessions with performance of employees which can be related and measured with drivers of business such as motivation, innovation, cost reduction and learning.  Such training should be provided to employees at Global Industries which can help in growing the business.  It is being stated that organization’s which do not train employees during recessions fail easily in short and long term (CFE      2009).

4. How HRD should contribute to Global Industries

HRD can contribute to Global Industries by developing required skill sets among people so that profits can be earned. It can facilitate employees and management by communicating in a transparent manner regarding their performance. It will help in meeting expectations of all stakeholders’ in-terms of business. The existence of Human Resource Department helps in hiring, retaining, and deploying employees for productive work. The Human Resource Department should align current workforce for maximizing return on investment. Every problem associated with an organization must be handled by HRD for contributing to Global Industries.

5. Arguments for and against outsourcing training &development Activities For

There are several advantages of outsourcing training and development activities because it can provide financial benefits. It can help in developing strategic advantage by centralizing activities.  The absenteeism and turnover of employees is reduced because it focuses upon core competencies such as risk management, enhancing quality and follow standardized process.

Against

There are certain disadvantages for outsourcing training and development activities because it naturally increases cost, the internal information related to product and business is being transferred to external party. The employees start to engage in unethical activities which are not good for organization such as Global Industries (Bache      2008).

6. Potential HRD issues faced by Global Industries in 3-5 years

The HRD issues being faced by Global Industries in 3-5 years are shortage of required skills sets among the people. The business might face shortage in terms of financial resources because in training programs organizations have to spend on monetary basis. There can be clash of opinions, interest among several department heads of Global Industries. People might engage into unethical and fraudulent activities which might ruin running business of Global Industries.  The organization might result into high turnover of employees which means drivers of business gets failed in coming 3-5 years (Total HR Service       2004).

7. Strategies being implemented as Karen  

If I were Karen, in such case certain strategies could be implemented by me such as training related to business could be provided with optimum cost. Employees should be trained for multitasking abilities. Management should be informed and explained about training cost being incurred in particular training sessions.  The training budget which is being prepared should be linked with financial outcomes and must be presented and explained to management of Global Industries. Since outsourcing could be considered costlier so in such case in house trainers can train the employees for required skill sets (International Air Transport Association     2013).

8. Conclusion   

Thus it can be concluded by me that Global industries was facing problems in its business due to downturns. The top management was asking justification from HR department to prove that training was not a cost. Moreover it was planning to shut down the HR department and outsource required skill sets from its competitors.  In this project report role of HRD has been explained to bridge up skill gaps and treating training programs as requirements during economic downturns. The argument in favor and against of outsourcing training programs is being explained.  The issues which can be faced by Global industries in coming 3-5 years are being explained

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