Organizations that have successfully applied the assigned HRM function
1. Identify three organizations that have successfully applied the assigned HRM function. At least two of these organizational examples should come from Forbes 500 Best Places to Work list for this past year.
2. Identify two organizations that have unsuccessfully applied the assigned HRM function. Please note that at least one of these examples should come from an organization on the Forbes 500 Best Places to Work list for this past year.
Do Not Forget to Include
Explain the benefits associated with the proper use of this HRM practice.
Identify three organizations that are known to successfully apply the assigned HRM practice. At least two of these organizational examples should come from Forbes 500 Best Places to Work list for this past year. When offering organizational examples, please detail information about the organization’s mission, industry, background, and how the specific HRM practice was successfully applied.
1. Explain how the HRM practice has impacted your selected organizations? (Note: The answers may vary based on the organizations being referenced).
2. Describe if and why the selected organizations are viewed as leaders in their industry based upon their application of your assigned HRM practice.
Identify two organizations that have unsuccessfully applied the assigned HRM function. Please note that at least one of these examples should come from an organization on the Forbes 500 Best Places to Work list for this past year. When offering organizational examples, please detail information about the organization’s mission, industry, background, and how the specific HRM practice was unsuccessfully applied.
- Increased Employee Engagement: Development programs can increase the employee's investment in the company.
2. Organizations Successfully Applying Employee Development and Training:
- Salesforce (Forbes Best Places to Work):
- Mission: To empower companies to connect with their customers in a whole new way.
- Industry: Cloud-based software.
- Background: Salesforce is known for its innovative technology and strong company culture.
- Application:
- They have Trailhead, a free online learning platform that offers training on Salesforce products and broader business skills.
- They invest heavily in leadership development programs.
- They encourage continuous learning and provide opportunities for employees to expand their skills.
- Impact: Highly skilled workforce, increased employee engagement, and a reputation for innovation.
- Leadership: Salesforce is a leader in its industry due to its continuous innovation and strong employee development programs, which contribute to a highly skilled and motivated workforce.
- Hilton (Forbes Best Places to Work):
- Mission: To fill the earth with the light and warmth of hospitality.
- Industry: Hospitality.
- Background: Hilton is a global hospitality company with a diverse workforce.
- Application:
- Hilton offers extensive training programs, including online courses, classroom training, and on-the-job training.
- They focus on developing leadership skills at all levels.
- They provide opportunities for employees to advance their careers within the company.
- Impact: Improved customer service, increased employee satisfaction, and reduced turnover.
- Leadership: Hilton's commitment to employee development has contributed to its reputation as a leader in the hospitality industry, where customer service is vital.
- Amazon:
- Mission: To be Earth’s most customer-centric company.
- Industry: E-commerce, cloud computing, digital streaming, and artificial intelligence.
- Background: A very large and diverse company that has a large employee base.
- Application:
- Amazon has its “Career Choice” program, which pre-pays tuition for employees who want to learn in demand skills.
- They have extensive on the job training, and also provide online learning resources.
- They are known to promote from within, and provide opportunities for employees to learn new skills.
- Impact: A skilled, and adaptable workforce, that is able to keep up with the fast pace of the company.
- Leadership: Amazon is a leader in e-commerce and cloud computing, partly due to its ability to train and develop a massive workforce.
3. Organizations Unsuccessfully Applying Employee Development and Training:
- Boeing:
- Mission: To connect, protect, explore and inspire.
- Industry: Aerospace.
- Background: Boeing is a major player in the aerospace industry, but has had several recent problems with its 737 Max program.
- Application:
- There have been accusations of inadequate training and a focus on cost-cutting over safety, which contributed to the 737 Max crashes.
- Reports indicate a decline in engineering expertise and a loss of institutional knowledge.
- Impact: Safety concerns, regulatory scrutiny, and damage to the company's reputation.
- Meta (Facebook) (Forbes Best Places to Work):
- Mission: To give people the power to build community and bring the world closer together.
- Industry: Social media and technology.
- Background: Meta has faced criticism for its handling of misinformation and its impact on mental health.
- Application:
- While Meta offers technical training, there are reports of insufficient training on ethical considerations and the societal impact of their products.
- There have been complaints of a “move fast and break things” mentality, that does not provide enough training on the ethical implications of product design.
- Impact: Public distrust, regulatory challenges, and difficulties in attracting and retaining talent.
By examining these examples, we can see the significant impact that effective employee development and training can have on an organization's success, and the negative consequences of neglecting this crucial HRM function.
Benefits of Proper Employee Development and Training:
- Increased Productivity: Skilled employees are more efficient and effective.
- Improved Employee Retention: Investing in employees' growth demonstrates value and increases loyalty.
- Enhanced Innovation: Training fosters creativity and problem-solving skills.
- Better Customer Service: Well-trained employees provide superior customer experiences.
- Attraction of Top Talent: Companies with strong development programs attract highly skilled individuals.
- Adaptability to Change: Training helps employees adapt to new technologies and market demands.