Comparative & International HRM Essay Example | Topics and Well Written Essays - 1500 words

Comparative & International HRM - Essay Example This deal is the one that really worked out for the BMW in turning around the company fortunes. The company saw the strategic decision of involving workers in the factory as the key in improving the performance of the company. The workers were encouraged to come up with ideas of improving the company performance. This saw the group, who work mainly on roofs for the new version of the iconic car being rewarded for coming up with the best money-saving idea. The workers suggested a change in the design of the Mini that saw BMW saving up to 6M. The BMW Company utilised the Industrial relation approach which involved establishing healthy relationship between the employees and the management. BMW used trade union to strike ground breaking deals that resulted in improved performance on the side of the organisation. It is my sincerely advice to BMW company to use the principle of industrial relation as it prepare to consolidate its production and cost reduction stage this would facilitate smooth implementation of its future plans. Strategic human resource management (SHRM) involves linking the human resource functions with the strategic goals of the organisation. Human resource managers need to maintain good relationships within the organisation so as to improve performance and maintain talented employees. BMW used what is known as Continuous Improvement (CI) strategy to enhance organisational performance. CI emphasise the importance of customer focus, internal customer-supplier relationships, process management and control, empowered work teams and visionary leadership. BMW used all of these strategies in establishing processes for strategic or business planning, organisational and job re-design, cultural change and performance management (Hammond, 2001). BMW is an icon of a company that can use staff-company relations to improve firm production.BMW was determining to give the Mini firm a new face lift. This involved among other things involving the workforce whom the BMW absorbed from the old Mini firm. According to Werner Rothfuss, director of corporate communications at the plant, BMW is committed to the staff engagement in the running of the company. The BMW developed good staff- management relations. This is seen where the company engage the union in the dialogue so as to strike the new deals. Many Companies would shy away from this kind of engagement. However BMW believe that in order to succeed it has to pay whatever the price so as to improve the relationship with its employees. As the report exemplify, "...Union acquiescence was bought by promising a minimum bonus of 130, even if targets are missed, and one of the largest wage rises in the industry." (BMW Report). The organisational skills in communicating these changes the best way possible was mandatory in order to avoid workers unrest or resentment. This seems to be the area of expertise for MBW. The BMW was able to convince the workforce to strike a new working deal with workers union. The BMW hammered a new pay deal that reduced the evening entertainment hours for workers and make them more involved and creative in revamping the company. This way the company was able to cut cost and harness creativity on the part of the employees. BMW believe that 'Employees can make a difference' (BMW Report) Another

Enviromental Economics Problem Research Paper Example | Topics and Well Written Essays - 1500 words

Enviromental Economics Problem - Research Paper Example Healthcare by products have been disposed to rivers and other areas that are ineffective for their disposal. As a result these wastes have brought with them different devastating affects most of them affecting the economy of the country. The waste is as a result of various economic activities taking place in the country. This therefore means that the waste and their effects are as a result of market failures. Identification of the problem is a key factor here and it involves looking at all the externalities of the various economic activities and the economic activities that are associated with them. Problem analysis is the other factor that we consider here. By the use of a demand curve, we can determine the net social benefit and the marginal private benefit and determine the causes of these externalities. At the end a solution which is economically appropriate is given out to replace the various policies. Problem identification There are various environmental problems that are seen in Kuwait. Following the announcement by Mohammed Al-Enzi that Sabah Al-Ahmad city was at a risk of pollution due to the exposure of the various liquid industrial wastes. This is situated just four kilometers from the city. He also states that Kuwait is one of the countries that have challenges regarding environmental waste disposal. Municipal solid waste is also a problem that is faced by the country. The collection of this waste, their transportation and disposal is a major challenge for the country various suggestions have been put forward to help in the management of these sites such involves the use of anaerobic digestion of the waste before disposing them to the land. Using LCA, the impact of these waste were seen to influence people a lot negatively. Electronic waste is another important point of discussion here. E waste should always be separated with other waste that is decomposable. However in Kuwait, these E wastes are mixed with other waste materials that can be decompo sed thereby making it even hard to dispose. People are also ignorant about the effects of electronic waste on the life of an individual and the entire world. Most people therefore do not take necessary effects needed in order to separate the E wastes from other bio degradable wastes. Awareness is therefore needed and this is the call for both public and government intervention. Healthcare products waste is also common in Kuwait. There are various diseases that are seen in the area of Kuwait due to the rising number of bad disposal of healthcare products. These result in negative economic impact on the government and the people of Kuwait as this disease are expensive to treat and better ways of disposal are also expensive to set and maintain. Poor disposal of these materials is also a major challenge that is faced by the people of Kuwait. By products from healthcare is also a challenge to the people as they have to think of the best way to dispose them and make them have no threat to causing diseases. Various hospitals are also taking the advantage of government reluctance and disposing their waste in a dangerous manner. This result in environmental pollution which in the long run affects the economy. Problem analysis The externalities experienced in Kuwait are as a result of the marginal social cost (MSC) being more than the private costs (MPC). From the look, there is more profit that the government an