¶ … commerce and its dependence upon information technology (IT) has placed Hewlett Packard (HP), as a successful and large corporate entity. Human resources as a strategic instrument is necessary in order to maximize the potential of this company, and with a useful and detailed investigation into these processes a beneficial conclusion may be approved and determine as to how human resources best practices may be implemented into a corporate model such as HP's.
The purpose of this analysis is to present HP's current status and formulate applicable human resource management ideas and apply them to this situation. This essay will first provide a background analysis of HP to present the baseline features of this company and how it fits into both the corporate and labor cycles presented in today's market. Next, this essay will focus on the targeted HP employee and create a model of criteria that explores the many work processes, knowledge, skills and talents that are necessary for any human wishing to contribute to this company through its labor. This essay will also discuss how technology can be applied in human resources management efforts throughout this company and provide avenues of approach that can exploit these technological advances that HP may possess.
This analysis will also include the current labor market and how it impacts the supply side of HP's human resources department. To compliment this argument, the analysis will also explore legal issues that may pertain to this effort as well. The essay will conclude with a set of HRM recommendations that are specifically tailored to this company and its ability to navigate the future of its industry with success and profits.
Hewlett Packard's History
Hewlett Packard's history began in 1939 when two gentlemen, Dave Packard and Bill Hewlett incorporated their organization designed around technology and various computer development ideas such as vacuum tube technology and digital relays. The massive company that HP was to become some 50 years later, started out as a small business in a tiny garage in Northern California.
The age of this company suggests its value to the development of technology in America. HP is considered a pioneer of computer technology and many feel that Silicon Valley's first success began with the work of Hewlett and Packard. The computer and IT industry grew alongside of HP throughout the 20th century as many advances were either invented or mastered by technicians and laborers who were aligned with this company.
Most importantly, HP's culture was derived from a set of principles that were supported by the original owners of the company and were passed down throughout the company's historic journey. This culture became known as the HP Way. This idea was a derived on respect for the individual and sought excellence as a goal. The ideas of teamwork, flexibility and community integrity are also hallmark tenets of the philosophy of the company. These ideals are deeply representative of the link between the HRM and greater strategic aims of this organization. The historic alignment between the human resources of this company and the achievements of the company itself are very much present throughout.
Hewlett Packard's Current Strategy
HP's current place within the market is unstable in many aspects. Throughout the last five years much has happened to this popular American brand which has caused much disruption in its internal operations. "The HP Way can survive in today's intensely competitive environment. The key to maintaining the HP Way and values like it are to create values that can be modified when changes in the firm's internal or external environment occur. The problem most companies face when trying to hold on to their core values is that the values are sometimes too rigid," (Franklin & Mutjaba, 2007).
HP has taken a direct approach to individual employee in recent times due to its problems in maintaining a competitive advantage within their particular industry. The very nature of technology and its associated markets is the speed in which changes occur. Computer technology has become easier to produce and less complicated to engineer in many aspects.
HP has, due to this shift in larger trends, been forced to reduce its workforce by a large margin. "The company's CFO Cathie Lesjak revealed during the earnings call for the third fiscal quarter of this fiscal (3QFY15) that layoffs will exceed the previous estimate of 55,000 jobs by 5%. The planned layoffs are part of the company's long-run layoff plan which was initiated in 2012. The initial target of the plan was to eliminate just 25,000 jobs. However, the target has risen...
Activity 1: Human Resource Management (HRM) HP Corporate Objectives Profit: Recognizing that profit constitutes the single most effective measure of the organization's contributions to the community, in addition to being the most basic source of business strength. Attaining maximum possible levels of profit in line with other business goals is the aim. Striving for constant advancement in company offering (i.e., services and products) quality, value, and utility (Hewlett-Packard, 2016). Field of Interest: Focusing efforts
International Human Resources Culture, Political, Economic and Social Contexts of Nigeria Under the Subject of International Human Resource Management. This paper is solely related to the International human resources practices, the uses of international human resources aspects as well as implementation within Nigeria. The paper has been explored several positive and negative aspects of Nigeria related to IHRM and whether it is feasible for global companies to operate and use the labor
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