Friday, October 18, 2019

HR strategy Essay Example | Topics and Well Written Essays - 2500 words

HR strategy - Essay Example The unreliable market experienced during the case would have been as a result of poor production which is also a consequence of lack of proper management by the group managers and corresponding supervisors within the packaging department (Armstrong, 2008, p. 13). Some of the consequences of poor management experienced in the case study include but not limited to reduction in sales which negatively impacted on the company creating a perception that the company is losing consumer interest in the global market (Heneman and Judith, 2006, p. 16). In order for the company to go through such situations, there must have been issues that compromise the quality and reliability of the company in carrying out the designated product packaging work in line with the company objectives, missions and visions for the near future which is aimed at not less than creating large economies of scale within the global context (Sparrow, 2009, p. 71). ii. How will these changes impact on the Sonoco Strategy? C onsidering then situations that were experienced within the past decades, it would be wise to utilize the scenarios to determine the current requirements that would enable the company achieve to the required quality and quality so that the company becomes /retains the lead and preference in the packaging sector within the global market (Sparrow, 2009, p. 73). However, it is adept to include both the management and employees in a common strategic plan so that all the required issues are addressed from within a common centre that is able to communicate with the other branches so that the company achieves a common goal in their quest to raise the company to higher and better business class at both levels (Dr. Kilia, 2005, p. 75, & Warne, 2005, p. 84). Through inclusion of the entire stakeholders in the decision making process especially the employees; it is likely that the company would gain from the strategy as the employees would recognize that their concern is necessary in the compa ny’s strategic plan (Schein, 1968, p. 28, & Stewart, 1991, p. 61). This would in itself act as a morale booster hence high output would be achieved from the employees at drastically low production cost. A reduction in production expense with increased productivity is a sign of profit to the company (Purcell and wright, 2007, p. 22, &Ehnert, 2009, p.105). 2. The Cindy Hartley’s objectives for change at Sonoco As the vice president of the Sonoco Company, Cindy Hartley came up with strategies to control fixed costs and reduce expenditure which worked well at some time but later experienced a lot of challenges due to then variation in the value of US dollar and other economic factors like decline in trade with Asia due to financial crisis. However, Cindy perceived a lot more productive measures after a hint from the new CEO, DeLoach’s (Revans, 1982, p. 42, & Temple, 2001, p. 38). Despite the short stay at the company, five years was enough for Cindy Hartley to come up with new policies to positively impact on management and performance to enhance development. However, a lot of emphasis was made on compensation and succession plans so that the

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