In: Operations Management
Describe the alignment between the three different types of business strategies and its association with HRM strategies and functions. What business strategy has Xiaomi adopted and how would this strategy impact their SHRM approach? Question 2 Given that Xiaomi has grown its international operations significantly in the last 7 years, the company has had to adopt an aggressive recruitment and training strategy. Based on the systems approach to HRD, the first step of the process is to conduct a HRD needs analysis. Describe how Xiaomi would conduct a HRD needs analysis. Question 3 How would Xiaomi then evaluate the effectiveness of the HRD programs?
The three types of business strategies are Cost leadership, differentiation and focus strategies. And all of these known as porter's generic strategies.
These business strategies associated with HRM strategies should by these instructions understand the business strategy and current state challenges where goal and expectations are considered for the organization, find how people contribute to the organization's growth and achievement, measure HR strategy, design and measure the better HR strategy and HRM functions associated with Business strategies by understanding the business strategy, analysis of current conditions Plan, implement the better HR strategy, measure and evaluate results and according to need.
Xiaomi adopted cost leadership business strategy. This impacts on SHRM (strategic human resources management) here cost leadership means the lowest cost of the product to take competitive advantage. It helps to SHRM by building meaningful objectives of the organization, evaluate HR capability and helps in estimation company's future requirements.
2. HRD (human resource development) means training and development provided by organizations to increase the knowledge, skills, education and abilities of employees. In Xiaomi, it conducts by giving training and development for their employees to analyze the HRD needs such as knowledge, attitudes, values and skills to perform tasks.
3. Xiaomi evaluate the effectiveness of HRD program by four levels as Reaction in this course content, key takeaways, strength and weakness consider 2. learning, in this score after and before training, applied project learnings, report feedback 3. behaviour, in this Self-assessment questionnaires, focus group, customers feedback analyzed 4. results in which after training business results, employee retention, customer satisfaction index.
*PLEASE RATE WITH A THUMBS UP *