Friday, August 30, 2019
Mgt 510
People Management, the Mantra for Success: The Case of Singhania and Partner Jameelah Richardson Dr. Finn MGT 510 September 10, 2012 In this paper we will discuss the case of Singhania and Partner. We would examine the case of Singhania and Partners and evaluate the organizationââ¬â¢s strategy. Next we would evaluate each of the five IHRM practices with respect to recruitment and selection, training for cross-cultural adaptation, management development, evaluation, and compensation. Later we will discuss which of the five practices can be approved.Afterwards, we would make recommendations to management to successfully improve the current IHRM strategy. Finally, we would explain how the recommended changes impact the organization in the industry. Examine the Case of Singhania and Partners and Evaluate the Organizationââ¬â¢s Strategy Singhania & Partners is known as a full service national law firm. This firm is known for being successful with international corporate and comm ercial, litigation, and arbitration and intellectual property in law. The company was founded by Ravi Singhania and Manju Mohorta.Ravi Singhania was the founder and managing partner while Mohorta was the Chief Executive. Both Ravi and Manu were concerned about the HR practices currently used by the firm and if the company faces human resource risks. It seemed that the firm is facing a high attrition rate in the Indian legal services industry and this is causing an alarming problem. There has been a shift between legal firms and partners. It seems the entry of foreign law firms into India could create more competition between law firms.They should focus more on gaining trust of their employees. Gaining the respect of your employees will create positive work environments and relationships within the firm. It would also deflate stress and uncertainty while being in that work environment. Evaluate Each of the Five IHRM Practices with Respect to Recruitment and Selection, Training for Cr oss-Cultural Adaptation, Management Development, Evaluation, and Compensation Recruitment of staff should be sought after a complete analysis of the job to be done.An analytical study would focus on the tasks that need to be performed to determine valuable factors. A written job description would be beneficial so the employer would know what physical and mental characteristics one should possess and what qualities and attitudes are desirable. Theà Recruitment and Selection Processà is one of the basic HR Processes. Recruitment and Selection is very sensitive as many managers have a need to hire a new employee and this process is always under a strict monitoring from their side.Theà Recruitment and Selection Processà must be simple and must be robust enough to operate excellently in the moment of the insufficient number of candidates on the job market and the process must be also able to process a large number of candidates within given time limit (Richards, 2008). Cross-cult ural training encompasses a combination of translation, instructional design and cultural adaptation, each of which is required to convey new concepts to a target audience in another country.Simply translating training material will not work, as it fails to take into account the cultural factors that influence the trainees' perceptions (Smith, 2004). With Management development, you must look at the strategy of the organization and address that there are well trained managers in play to ensure the organization is on the right path of completing their goals. Basically an evaluation / appraisal scheme is a formalization of what is done in a more casual manner anyway (e. g. if there is a vacancy, discussion about internal moves and internal attempts to put square pegs into ââ¬Ësquarer holes' are both the results of casual evaluation).Most managers approve merit payment and that too calls for evaluation, made a standard routine task, it aids the development of talent, warns the ineff icient or uncaring and can be an effective form of motivation (Richards, 2008). Compensation Strategyà is one of the most important strategies in the HRM function as it influences the costs of the organization and potential bad decision can lead to very serious damages to the organization (Richards, 2008). Discuss which of the Five Practices can be improved In my opinion, both recruitment and selection and compensation could be improved.Today, a lot of people are chosen for a job on how they look or because they know someone which isnââ¬â¢t fair to the person who actually has the experience to complete the job. Even if you donââ¬â¢t have that much experience for the job but your educational background introduces you to what the job entails you should still be giving a chance to perform at your best. Most college students are not giving a chance to start a job in their major because youââ¬â¢re expected to have 5 to 7 yearsââ¬â¢ experience early on but how do you obtain that if youââ¬â¢re learning the basics of what is expected in that particular field?I feel if you were introduce to what the field entails then you should be given a chance to perform the task either way you will be trained to do that job right? Compensation is the most important factor in HR yet employees work hard and get compensated less. It seems that organizations put so many stipulations into play to get compensated that once you receive it youââ¬â¢re like I did all of this for that what was the point?If you expect your employees to perform at their best level and keep that same drive every month, compensation should be both a reachable and achievable goal so in the end everybody wins the employer, employee, and the organization as a whole. Make Recommendations to Management to Successfully Improve the Current IHRM Strategy International Human Resource Management Strategy (IHRM) is the recruitment, selection, training and development, performance appraisal, compensation, and labor relations (Cullen, 2011).Management needs to be cautious of who theyââ¬â¢re choosing to complete the task at hand. Education and experience should play in major part in the recruitment and selection process. With college students, they are aware of what the job is and what it entails but in order for the individual to complete the job the way you want it you must train them. Afterwards, then evaluate them on their performance to determine if theyââ¬â¢re a right fit for the organization. Compensation must improve and employees should be acknowledge for the hard work that is put in day in and day out.If employees feel their being treated with the upmost respect, receiving job recognition and compensation for what theyââ¬â¢re doing production would be meeting or exceeding the organizationââ¬â¢s expectation and everyone wins. Explain how the Recommended Changes Impact the Organization in the Industry Managers can build trust by demonstrating that they are guided b y ethical standards and beliefs and then by exhibiting behaviors that are consistent with those standards and beliefs. A variety of conditions and factors can enhance employee trust.Four of the most important are credibility, integrity, reliability, and commitment (Smith, 2004). In conclusion, employee trust is generally something that is earned over time. Building trust can be difficult but it is much easier to lost it through inconsistent behavior and lack of commitment. By enhancing employee trust Singhania ;amp; Partners will become the most consistent firm. References Cullen, John B. ;amp; Parboteeah, Praveen (2011) Multinational Management Richards, Sam (2008) HRM Advice Smith, Jeanine (2006) V ;amp; L International
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