abhishreshthaa

Abhijeet S
Texas Instruments Inc. (NYSE: TXN), widely known as TI, is an American company based in Dallas, Texas, United States,[5] renowned for developing and commercializing semiconductor and computer technology. TI is the No. 4 manufacturer of semiconductors worldwide after Intel, Samsung and Toshiba, the No. 2 supplier of chips for cellular handsets after Qualcomm, and the No. 1 producer of digital signal processors (DSPs) and analog semiconductors, among a wide range of other semiconductor products.[6] In spring 1986, the company was the 13th firm to register its domain name, TI.com. In 2010, the company was listed at number 223 on the Fortune 500.


The hospitality and tourism industry’s primary asset is the services it provides. No matter how good the service a hotel, for example provides its customers, it will still rely on the manner the staff or the personnel deliver the services to the customers. Thus, as with the HRM definition above as an effective used of employees, the hospitality Manes should formulate strategies that will enhance customer service and at the same time give emphasis on the value of the employees, providing them opportunities and making them highly committed with the organization. HRM strategies should not only be focused on the organization’s objectives and goals and competitive advantage but also with the training and education of employees making them highly competitive in the global market of Manes.

HRM models play key roles in formulating HRM strategies; it serves as guidelines to companies on to what approach they will use with their employees. Whether a multinational company opts to have a hard or soft HRM approach, or the consolidation of both approach, the effectiveness of HRM strategies depends on the implementation of the HRM model chosen and the environment of the firm. Some countries may be best implemented with hard HRM approach while some will create effective employees with the implementation of soft HRM approach.


Budget must be utilised with accordance to the needs and expectations of the stakeholders and the organization as a whole. In enhancing the company’s atmosphere, it is necessary to make each outlet more ‘scenic’ than just a Third Place by means of improving outlet accessibility and cleanliness. IT would always be an add-on value to Starbucks’ quality; nonetheless, the company should equate the necessity of technology with organizational strategies.

In focusing the profitability, Starbucks would advent itself of higher staffing levels that could benefit all the employees, better customer servicing and the improved focused on customer relationship would yield higher sales. Nonetheless, the initiative requires that the company should invest additional cost for staffing that may decrease profitability and how the top management perceived the low employee productivity; with a specific emphasis on improving the Third Place framework.


EVALUATING HR PLANNING

If HR planning is done well, the following benefits
should result:
l Upper management has a better view of the human resource dimensions of
business decisions.
l HR costs may be lower because management can anticipate imbalances before they become unmanageable and expensive.
l More time is available to locate talent because needs are anticipated and identified before the actual staffing is required.
l Better opportunities exist to include women and minority groups in future
growth plans.
l Development of managers can be better planned.
 
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