MPIO Assignment Proposed Framework Parts Framework Contents Structure

Introduction

Corporate Strategy

We are committed towards providing the most delightful and memorable experiences to our customer We aim to generate sustainable growth and profits, and to consistently enhance our stakeholders value.

Define the corporate strategy through Chaffee, 1985. Define the Business strategy through Johnson et al 2005. Analyse the Genting Business strategy. Prescriptive School vs Descriptive School

Business Strategy

Introduction

HR Business Strategy

Winning, retaining and promoting employees

Issue: High turnover due to the booming casino industry in the region.

Literature Review

Corporate Strategy Business Strategy

Theories A.Transition
1.From Personnel to HRM 2.HR Value Proposition

HR Business Strategy

B.Structure of Organisation & Organisational culture change

1.Human Needs a. Maslow b.Mintzberg c.Theory X and Y d. Leadership: -From Autocratic (TopDown) vs. to PushBack (participative) -Empowerment

D. Organisation Dynamics

E. HRM Policies
1. Life cycle approach 2. Competitive advantage approach 3. Resource base model 4. Best Practice Model 5. Processual Approach 6. Psychological Contract

F. Link to Biz Strategy G. Contribution to improved biz performance G1. Before and After

Body

Main Principles underlying

trust, integrity and mutual respect, being warm & caring, always looking out for one another, sharing resources, in a fun and happy environment.

Body

HR Policies

Performance Management Recruitment Policy Pay policy Promotion Policy Learning & Development

High turnover due to Macau and Singapore Casino Industry a.) High Salary (exchange rate) b.) Only casino talent source in the market c.) Training & Development d.) Age, Culture, Language e.) Cost

Body

Body

Extent to align with business strategy Contribution to improved business performance

Winning, retaining and promoting employees Lower turnover rate Higher productivity (lower skill dilution) Higher labour competitiveness Recruitment Branding Organisational Performance

Maslow, Mintzberg and Theory X and Y

Questions to Answer HRM policies zoom into 1/ 2 policies or broad-base Organisation local or global

1. 2.

Focus on:
1. 2. 3.

MAIN PRINCIPLES of HR policies Extent of alignment with business strategy Contribution to improved business performance

Framework:
1. 2. 3. 4. 5. 6.

Executive Summary (8%) Introduction (10%) Literature Review (30%) Body Investigation & Analysis (42%) Conclusion (6%) Recommendation & Limitations (4%) Corporate Strategy Business Strategy

a. b.