Principles of Management
Principles of Management
OER 2019 Edition
ISBN: 9780998625768
Author: OpenStax
Publisher: OpenStax College
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Chapter 11.1, Problem 2CC

In what way do you usually interact with human resources?

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Supporting Strategic Initiative Through HRM Policies Given the strategic initiative and organization described in your Module 2 and Module 3 Critical Thinking assignment submissions, discuss the Human Resources Management (HRM) policies that would consistently and coherently support attainment of your strategic initiative. These policies might address recruitment, selection, training/development, performance evaluation, compensation, and dismissal.   Briefly describe the organization and your initiative. Describe HRM policies you think are important to implement your strategic initiative. Describe rewards and incentives that would be used to ensure compliance, buy-in, and effort to make the strategic initiative successful.
As you are looking at different areas within the country in which to locate the manufacturing plant, you came across a facility built by a startup company that went out of business within two years due to underfunding.   You think you can get a good price for the plant, but you will need to negotiate with the local owners.  You are a fairly experienced negotiator in the US but have never dealt with parties from your expansion country. To prepare yourself, review Chapter 5, which describes various ideas for negotiating with different cultures. Additionally, you may go to the following website and view videos on Cross-Cultural NegotiationsLinks to an external site..  Initial Post Instructions For your initial post, describe key factors that you would want to research prior to conducting negotiations with key personnel for the purchase of a manufacturing plant in the location selected for your expansion initiative. Explain why you think this would be a key factor in the negotiation…
Develop a risk management plan for the transition to a smart meter system. How will WSSmeasure the success of this risk management plan?

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Principles of Management

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