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Company X in Bangladesh is operating in banking industry. They have 15 Branches in Dhaka city having 300 employees. The company is going to open 5 new branches outside Dhaka city. Financial technology is continuously changing worldwide which makes human resource manager to take tough decisions like retrenchment of few employees, at the same time, hiring highly talented and dynamic employees with strong knowledge in IT. Due to huge competition cost reduction is also become a concern for managers. Company has already called for several meeting to revise the cost structure in order to minimize cost from different activities. As a human resource manager your organization wants you to do the following: 1. The company now following traditional HR practices. If they want to practice strategic HR where they need to focus. Prepare a list showing a shift from traditional HR to Strategic HR. Also mention the barriers to implement such Strategic HR practices. 2. Discuss strategy driven role behavior and practices. What HR role behavior is expected from the company mentioned in the case?

Company X in Bangladesh is operating in banking industry. They have 15 Branches in Dhaka city having 300 employees. The company is going to open 5 new branches outside Dhaka city. Financial technology is continuously changing worldwide which makes human resource manager to take tough decisions like retrenchment of few employees, at the same time, hiring highly talented and dynamic employees with strong knowledge in IT. Due to huge competition cost reduction is also become a concern for managers. Company has already called for several meeting to revise the cost structure in order to minimize cost from different activities. As a human resource manager your organization wants you to do the following: 1. The company now following traditional HR practices. If they want to practice strategic HR where they need to focus. Prepare a list showing a shift from traditional HR to Strategic HR. Also mention the barriers to implement such Strategic HR practices. 2. Discuss strategy driven role behavior and practices. What HR role behavior is expected from the company mentioned in the case?

Understanding Business
Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Company X in Bangladesh is operating in banking industry. They have 15 Branches in Dhaka city having 300 employees. The company is going to open 5 new branches outside Dhaka city. Financial technology is continuously changing worldwide which makes human resource manager to take tough decisions like retrenchment of few employees, at the same time, hiring highly talented and dynamic employees with strong knowledge in IT. Due to huge competition cost reduction is also become a concern for managers. Company has already called for several meeting to revise the cost structure in order to minimize cost from different activities. As a human resource manager your organization wants you to do the following: 1. The company now following traditional HR practices. If they want to practice strategic HR where they need to focus. Prepare a list showing a shift from traditional HR to Strategic HR. Also mention the barriers to implement such Strategic HR practices. 2. Discuss strategy driven role behavior and practices. What HR role behavior is expected from the company mentioned in the case?
Transcribed Image Text:Company X in Bangladesh is operating in banking industry. They have 15 Branches in Dhaka city having 300 employees. The company is going to open 5 new branches outside Dhaka city. Financial technology is continuously changing worldwide which makes human resource manager to take tough decisions like retrenchment of few employees, at the same time, hiring highly talented and dynamic employees with strong knowledge in IT. Due to huge competition cost reduction is also become a concern for managers. Company has already called for several meeting to revise the cost structure in order to minimize cost from different activities. As a human resource manager your organization wants you to do the following: 1. The company now following traditional HR practices. If they want to practice strategic HR where they need to focus. Prepare a list showing a shift from traditional HR to Strategic HR. Also mention the barriers to implement such Strategic HR practices. 2. Discuss strategy driven role behavior and practices. What HR role behavior is expected from the company mentioned in the case?
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