Posted: March 1st, 2023

Strategic Human Capital Management

Question 

Respond to the following scenario .

You and Shawn are scheduled to meet next week with John and the board of directors at AGC. Shawn will make a presentation about human capital management. Both of you understand the urgency of the company’s situation and why it is important to instruct this group about the value and need for an optimized program for the management of global human capital. You run into each other as you arrive at the office this morning and stop for a minute to talk.

“Shawn, I think your presentation will be a learning opportunity for this group,” you say. “Without this information about global human capital management, AGC may never be able to move forward with critically needed changes.”

“I agree,” he says. “I’m working on my notes, and I want your advice about some concerns I have.”

“Sure,” you say. “Why don’t you e-mail me the list and I’ll get back to you with my suggestions.”

“Sounds good,” he says. Later that morning, you get his e-mail, and the following list of questions:

• How should I approach the board
• How should I deliver my message without embarrassing the board about its lack of knowledge about human capital management
• What can I say to illustrate the intrinsic value of human capital
• What examples from other organizations can be provided that will strengthen the board’s knowledge of global human capital trends and problems
• Do you think that my leadership style will help me during this meeting

Answers

Q1. How should I approach the Board

Ans. The suggestion which I would like to give to Shawn is that he should make his presentation engaging and participative by showing the current status of the organization. i.e. the growth of the organization, its strengths & weakness, strategies to tap new markets, achievements etc. …………………..to access the full answer, click the order button below…..

Q2. How should I deliver my message without embarrassing the board about its lack of knowledge about human capital management

Ans. Shawn should explain the advantages of Human Capital Management that in this era of competition organisation should respect the intellectual capital and thus make efforts to retain them, otherwise the competitors would take an advantage. ………………to access the full answer, click the order button below…..

Q3. What can I say to illustrate the intrinsic value of human capital

Ans.Human Capital Management represents the human factor in the organisation; the combined expertise, skills, expertise that gives an organisation a distinctive character, the human elements of the organisations are those that are capable of learning, innovating and providing the innovative and creative trust which if properly motivated and valued and enhance the long term survival of the organisation ………………to access the full answer, click the order button below…..

Q4. What examples from other organizations can be provided that will strengthen the board’s knowledge of global human capital trends and problems

Ans. We are in the midst of intense wars for talent today. India is the topmost offshoring destination today both on accounts of large number of English Speaking population as well as the labour arbitrage which continues to be competitive.

Opportunities

• India rated the top destination in the world in service sector (ITes, Retail, Healthcare, Insurance etc.)
• Educated and English speaking labour pool available in India.  ………………to access the full answer, click the order button below…..

Threats

• Industry growth at 25-30% per annum.
• Demand for Talent> Supply.
• Entry & expansion of global and local players……………….to access the full answer, click the order button below…..

Challenges

• Increasing pressure on ability to hire and retain. ………………to access the full answer, click the order button below…..

Q5. Do you think that my leadership style will help me during this meeting

Ans. I am sure your Participative style of Leadership would be open to suggestions and recommendations from the Members of the Board. The issue here requires sharing of decision making abilities with group members. Participative leaders encompass decision, creative ideas and boosting the morale of employee to feel good about their involvement. ………………to access the full answer, click the order button below…..

 

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