Monday, June 17, 2019
HRM Assignment 1 Example | Topics and Well Written Essays - 750 words
HRM 1 - Assignment ExampleThe Tata Consultancy Services management had a very difficult caper especially during the recession period as they spent most of their valuable time dealing with legal risks, financial, marketing and production while giving dead no consideration to its fortuity plan. The absence of the ships companys human resource professionals in the company seriously affected Tata Consultancy Services (TCS) business employment and the management came to realize when it was already too late that this was actually a key component in its management strategies.There was high employee turnover which transpired at the time the company least expected and it almost made the entire management to close down its business by retrenching all its employees. A contingency plan was the best possible practice as it could assist the company (Tata) management to define how it would continue or recover its critical functions from the turnover of rung incident. This contingency plan rem ains very critical since key employees and other members of the entire team remain an integral part and kit of any recuperation strategy that Tata Consultancy Services (TCS) has to put together. The contingency plan would in future reassure Tata Consultancy Services (TCS) employees that their jobs remain secure during preparation and implementation of the contingency plan.This remained as the second human resource challenge faced by Tata Consultancy Services (TCS).Tata Consultancy Services however, failed to have an insight of the oncoming recession period that would impose somewhat destruction on its business and so it was vital for the companys top management to engage the employees by looking into strategies that can enhance the companys human resource capabilities and sustainability so as to achieve the ultimate objective of the company.This can make the employees to engage and interpret the likely challenges. Tata
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