The firm is medium-sized and it has over 600 employees.
The state of HR was not stable enough from start but it experienced expansion as the CEO of the firm wanted to build strong HR functions and organized department.
The starting budget of the firm was $1.0 million and then it was increased to $1.40 million. Only twenty-five percent can be spent for the first quarter but the budget cannot be exceeded in 4th, 8th and 12th quarter.
The related expenses such as hiring of employees, wages and benefits, trainings and HR program decisions are charged against the budget.
There were 5 different job levels required to be staffed. The open positions can be filled from inside the organization by promoting the employees and it can also be filled by hiring new employee from the market.
The productivity level at the start was around 200 units per employee. However, improvement could be made around 10–20%.
The compensation decisions can vary for Level 1–2 employees and Levels 3–5 level. Compensation can be given for Vacation/Personal/Sick Day, employee pension, health care, and insurance program.
In the simulation, there were no formal training programs available. However, other program options were available such as employee participation, a system for handling employee grievances, new employees’ orientation program, computerized HR Information System, employee performance procedure for evaluation, and affirmative action program.
The most important task in the first two quarters is the formulation of plan and then execution of that plan while focusing on the long-term goals.
Goals and Strategies
Situation
The current situation of the firm HR department was not stable enough it needed to build strong HR functions. In which, overall HR budget, hiring, wages, benefits, and training programs needed to be planned. Moreover, decisions could be adjusted from quarter to quarter but under a specific budget as the budget could not be increased in 4th, 8th and 12th quarter.
Goals
The goal for management team to achieve in the next two year is to hire enough employees at all job levels so that the production goals can be achieved each quarter.
Organize training programs within the budget and also focus on the other quality programs that can improve the overall growth of the firm.
Long term goals of the organization should be achieved.
Strategy
The strategy to achieve the goals will be designed considering the current simulation and changing conditions. The required resources include allocated budget to achieve the goals, skilled employees to increase productivity and quality programs. Overall it can be said that the strong management skills are needed to achieve the goals.
Diversity Management
Diversity management is important in a firm as global markets are emerging and diversifying the workforce can bring innovation and help improving the business and achieving business goals.
There are five different kinds of employees at this firm which includes executive managers, engineers, department heads, staff specialists, department supervisors, technicians, direct supervisors, skilled positions, semi-skilled positions.
For all these different level of employees there are; Vacation/Personal/Sick Day, employee pension, health care, and insurance programs.
Collaboration is a best key to bring improvement for that effective communication and strong management skills are required.
There are three best ways through which diversity can be managed in a firm.
Innovation
Conflict resolution/ cultural intelligence
Business reputation
Works Cited
Marquis, Jefferson P., et al. Managing Diversity in Corporate America: An Exploratory Analysis. New York: Pearson, 2008. Print.
