Goals and Strategies to Simulate a Company

[T10 Company]

Goals

1) Employ professionals who create success for customers.

2) Hire, develop and maintain the RIGHT people. (注意minority)

Strategy

1) Focus on Training and Development program

2) Sustain employee engagement & involvement,

3) Develop respected labor motivation methods: Appraisal system, employee benefits, grievance procedure

Explanation

The Human Resource Strategy has been developed in consultation with Organization Board. The strategy translates the management plan into a people focused strategy for a quarter.

T10 Company definitely needs professionals (above level3) under the situation of rapid growth of the business. HR must help set priorities for leadership development, especially for future leaders. This requires providing enough support, including senior mentors, training and professional development so that managers will succeed. Future leaders need formal paths for increasing their responsibilities as they develop leadership skills. T10 Company is experiencing high labor turnover due to lack of formal appraisal system, employee benefits, a grievance procedure and training.

By developing the training program treating employee with great respect will lead to boost the high level of moral. In addition, T10 Company might face harder difficulties if workers leave the company under the situation of huge expansion. To prevent high labor turnover, it is necessary sustain the motivation level by involving them into small decisions may be an effective way.

Benefits and employee incentives, HR managers can help a T10 Company take a more strategic approach to keeping employees motivated. This is only possible if HR managers understand the effective of certain incentives and appraisal system. The overall goal is for the right combination of benefits and incentives to produce desirable levels of employee performance.