In a company Human Resource is a very important part of the strategic plan. The HR department is the go-to when a company decides how to approach a problem or gain Ideas. If there needs to be hiring, the HR department will take care of it. They will provide the proper training and tools to achieve the organizations goals. There must be a strategic plan put in place that way everyone is on the same page internally within the company to be successful outside of the company. Human Resource is what keeps the company running and could be looked at as the backbone, due to the nature of hiring and supplying employees with skills necessary to run the company. This is to include any policies, regulations, and plans that have been constructed as well. …show more content…
This is when they decided to add HR to the more strategic planning. They cut down on the number of HR employees that they had to 24 fresh talent managers. The started out with 87 “long term employees” but decided to cut down on that number to focus on reinventing the company. Their number one priority was to get the right people in the right job in the right time. Next was the leadership development, this consisted of getting business results. Their third priority was reward and pay performance. They decided to focus on five components that they would ultimately benefit from. There components were attraction, identification, development, deployment, and scenario planning (Abbot & Groysberg, 2013). They reaped the benefits and in return had a healthier more structured …show more content…
With the company’s culture in mind and want for success, they will select the best candidates to fill these positions. Companies that promote within instead of through external sources also builds long-term growth and satisfaction. It also reduces recruiting and training costs. An organization could use bulletin boards in break rooms, intranet sites, and by electronically notifying them (Snell, Morris, & Bohlander, 17). Maersk decided that they would recruit from the inside, this does save money and time. When a company recruits internally it benefits both the company and the employee. Promoting from within the company helps builds company loyalty by offering promotions to their employees (Snell, 2015). The employee may decide to stay with the company longer and it may even be a pay raise for that position. This could also be the opposite, as the employer knows what the employee makes and may not offer the same pay or benefits as they would an external recruit. Another thing about internal recruitment is that work ethics may have already been seen since it would come from employees already within the company. External recruiting has its pros and cons. New Hires can offer new insight to the company and fresh eyes, hands, and skills. They can also be an asset to the company by gaining new skills to use in other areas of the company as well. The cons could be their pay rate, and not