Human resource planning is an important part for any organization. It ensures that a company is able to plan ahead to ensure the business’ objectives are achieved. This is the major underpinning of strategic human resource management, which is a business concept that seeks to align the objectives of the business with those of the employees. This paper therefore was an exploration of Midea Group Company and how it utilizes strategic human resource management (SHRM) to ensure continued success. The role of SHRM was analyzed as well as the important business factors that influence human resource planning. SHRM also makes use of the company structure and culture to ensure that employees understand their obligation at the company, and how they can contribute to the greater success of the business. The culture at Midea Group was also analyzed to get an insight as to how it affects the human resource management decisions.
Inhaltsverzeichnis (Table of Contents)
- Executive Summary
- 1.0 Company Description
- 2.0 The Role Of Strategic Human Resource Management That Enables The Company To Achieve Its Strategic Objectives
- 3.0 Current Business Factors That Underpin Human Resource Planning at MIDEA Group Company
- 4.0 MIDEA Group's Human Resource Requirements Within The Next Two Years
- 5.0 How MIDEA's Culture Influences Its Human Resource Management
- 6.0 Conclusion
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This paper explores Midea Group Company and its utilization of strategic human resource management (SHRM) to achieve continued success. The focus is on analyzing the role of SHRM, the business factors influencing human resource planning, and the company's culture in shaping human resource management decisions.
- Strategic Human Resource Management (SHRM) in practice
- Business factors influencing human resource planning
- Company culture and its impact on human resource management
- Employee development and training
- Midea Group's commitment to talent acquisition and development
Zusammenfassung der Kapitel (Chapter Summaries)
- Executive Summary: Provides a concise overview of the paper's focus on Midea Group Company and its strategic human resource management practices.
- 1.0 Company Description: Introduces Midea Group Company, its headquarters, main business areas, and global presence, highlighting its diverse portfolio of products and services.
- 2.0 The Role Of Strategic Human Resource Management That Enables The Company To Achieve Its Strategic Objectives: Explores the core business strategy of Midea Group, emphasizing its commitment to innovation, operational efficiency, and global expansion. It highlights the crucial role of human resource management in realizing these objectives.
- 3.0 Current Business Factors That Underpin Human Resource Planning at MIDEA Group Company: Delves into the specific business factors that influence human resource planning at Midea Group, encompassing aspects such as the company's global operations, commitment to digital innovation, and focus on smart home technologies.
- 4.0 MIDEA Group's Human Resource Requirements Within The Next Two Years: Discusses Midea Group's anticipated human resource needs in the coming years, highlighting the importance of talent acquisition and development in supporting its growth plans.
- 5.0 How MIDEA's Culture Influences Its Human Resource Management: Examines the role of Midea Group's corporate culture in shaping its human resource management practices, emphasizing its impact on employee motivation, engagement, and commitment to the organization's values.
Schlüsselwörter (Keywords)
Strategic Human Resource Management, Midea Group Company, Human Resource Planning, Company Culture, Employee Development, Talent Acquisition, Innovation, Digitalization, Smart Home Technologies, Global Operations.
- Quote paper
- Joseph M. K (Author), 2023, Human resource management of Midea group, Munich, GRIN Verlag, https://www.grin.com/document/1322972
