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Developing YORKLAB HR strategy - Essay Example

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YORKLAB HR Strategy
The objective of the company is to produce high quality product rapidly and efficiently and to ascertain quality product and service to the customers. In this regard, the organisation tries to follow a developed Human Resources (HR) strategy for the employees to work efficiently and produce quality products. …
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Developing YORKLAB HR strategy
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Download file to see previous pages The company tries to retain its customers by ensuring timely delivery of goods which in turn enables to ascertain growth for the company throughout the year. Yorklab follows a flat organisational structure, which ensures a wide span of control with fewer level of management. The structure allows the company to be less costly, with less management levels. This structure will ensure a better and quick flow of decision within the organisation. Moreover, it will have a fast and clear communication of messages from the management ensuring timely and quality product. This structure helps the company to keep a proper track of the sales and the services provided. The HR policy of the company facilitates in employing people who have knowledge regarding the process and are friendly and ready to work in team. Satisfying the customer is the primary motive of the company and this is the core reason for the success of the organisation for years. The company is in the need to expand its business into new areas of the market. In this context, the management realises that the current HR system or management structure will not be able to sustain the market growth. The HRM concept used is to bind the employees and the management to achieve the goal of the company. It entails the planning, controlling and organising the employees to add value to their service and achieve the desired objectives. In this regard, the objective of the paper is to explore the efficient structure requirement of the company, to mitigate the issue related with the market expansion. The upgraded HR strategies are required to be implemented by the Yorklab in order to attain profit and growth in the market. HR Strategy Content Human resource management is a strategic approach on managing employment and relation in order to achieve competitive advantage. The competitiveness of a business depends on the manager, employees and the knowledge and training provided. Yorklab in this regard followed the flat structure of management, with a few number of employees and a wide span of control. This structure had various advantages such as the fast communication of information and quick decision regarding the process improvement. The fewer strata of management also help Yorklab to have a better recurrent communication between the higher level of authority and the staff. The purpose of the company is to expand its business keeping in view the quality and the level of customer satisfaction. This was not possible with the current flat HR strategy used by the company. As the level of guidance and coordination between the management and the employee was less there was no proper co-ordination. With the expansion of business, the current number of employee would not suffice the need of the company. With the increase in the business activities, the complexities would increase and the current flat structure would not support the requisite. The flat strategy with wider span of control renders less amount of time to focus on the individual decisions. This can thus be of a great disadvantage for taking significant strategic decisions which will have a long-term impact on Yorklab (Education-Portal, ...Download file to see next pagesRead More
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