Comprehensive Unit Test

AMERICAN INTERNATIONAL UNIVERSITY-BANGLADESH

FACULTY OF BUSINESS ADMINISTRATION - EMBA

Section-A- Question 1 (Essay Type): Analyze HSBC – recruitment & selection process

HSBC as an organization which operates globally with thousands of employee base, strategic HRM is inevitable. Recruitment and selection process of organization performs a significant role in attracting talent to the organization. Training and development strategy enhances employee job performance as well as career growth, further performance management and reward strategy defines the evaluations and returns for better performances.

Analysis of HSBC’s SHRM policies and practices in East Asia (Recruitment and Selection):

Human resource policies and practices grant organization to structure to be followed and guidelines for reacting to particular situations. If organization does not have specified policies and practices of HRM it will complicate the situation rather than resolving it. In the context of HSBC, organization cannot implement standardized HRM system with standard policies and practices in each region of world. Hence HSBC has taken up cultural differences in to consideration when stipulating HRM policies and implementing HRM practices.

Every organization should be comprised of specified and appropriate recruitment and selection policies which encounter of selecting most suitable candidate who matches with organizational requirement.

When HSBC was moving in to Asian market, especially in to East Asia they had to face with problem of deficient in required talent from local labour markets. Many of Asian economies Such as China and Vietnam often have unskilled and semi-skilled workers but not trained people with required skills. As other MNCs, HSBC also had to adopt ethnocentric approach in to their recruitment policies and procedures. This problem became more critical as HSBC was expanding businesses over...