hr strategy framework presentation (client: ds&h)
TRANSCRIPT
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HUMAN RESOURSES STRATEGY FRAMEWORK
ADRIANA GOMEZ CAROLINA ALMANZA HADI JINNAH KIM TRANG VO SHU LING PHOA SURYO ARIYANTO
PREPARED FOR:
DS&H
TEAM
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Current Strategies
7S for Internal Analysis
Recommendations
Strategy Evaluation
5 Forces for ExternalAnalysis
Agenda
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Current Strategies
Relying heavily in brokers to maintaincustomers.
Maintain current customers based on goodservice/price relation.
Generate revenues based on commissionand sales volume.
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7SStrategy
Structure
System Style
Staff
Skill
Internal Analysis (7S)
Shared Values
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Hierarchical structure Poor coordination between different departments & level of management The CEO secretary did not facilitate the coordination between levels of management Employees are promoted to become specialist in their focused area Employees only look for best interest within their areas Centralized decision making Explicit line of command
Professional low cost - hybrid strategy Differentiation via superior customer services Conflict of strategy & objective in term of cost management
Internal Analysis (7S)
Mechanistic system (Burns & Stalker) Bureaucracy slow down the company's speed to change,
unwilling to change attitude of managers Margin requirement policy Top management level (CEO/Chairman) sets the rules/
standardization/margin/operation management/etc.
Strategy
Structure
System
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Integrity Strong relationship with the clients Trustable Reliable Role culture (Harrison): brokers
becoming the strongest role or "pillar" Large regional broker that is famous with integrity,
trustworthy, reliability & ability to bond with the clients
Blake-Mouton Leadership theory:- DS&H's CEO (Rupert) is the team management- the chairman (Reginald) is authority-obedience style- the corporate secretary (Margaret) is country club management style
The CEO's leadership style is effective for organizational needed improvements There is a high competition between the brokers, while the cooperation across
functional is not good
Internal Analysis (7S)
Shared Values
Style
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Strong relationship with clients IT staff (Michael) has good skills & suggested ITimprovements for cost efficiency & intergration among departments
The HR staff (Hillary) suggested a FGD process for best knowing employees
Small gap between each employees' competencies Employees are performing well Brokers KPI is achieving and increasing the sales ITs KPI is to maintain & upgrade
system/software
Chairman, CEO, Corporate Secretary, HR, Administration, IT, Brokers, Finance Service Oriented (customer service), experience and reputation in brokering
industry and adaptability of the brokers with the clients Communication gap because of hierarchy (bureaucratic approach) The gap between the brokers' interest of sales increase and the organisational
interest of efficient cost
Internal Analysis (7S)
Staff
Skill
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External Analysis (Porters Five Forces)
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External Analysis (Porters Five Forces)
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HR Strategy Recommendations
HR Strategy
Vertical Integration
Vertically integrate the HR
policies with the business
strategies by using HR
scorecard to increase the
cooperation between each
departments
Evaluate the brokers KPI by
adding the cost management
aspect within it, so the
brokers can increase the
sales as well as maintaining
the cost of sales
Horizontal Integration
Implementing the
decentralized chain of
command, because it will
increase the effectivity of
DSNH
Implementing IT based
management inside DSNH
Central data system can be
used to improve information
sharing between each
departments
Coordination among IT and
other departments to apply
the technology in improving
customers services' speed
and quality
Creating a weekly regular
general meeting that
required all of the staff to
attend it. The objective will
be for strengthening the
bond between each
employees as well as the
vertical (top-down) and
horizontal communication
line
Key Action Plan
Integration Strategy
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HR Strategy RecommendationsHR Strategy
RecruimentHiring suitable core positions
(brokers, IT staffs and HR)
Hiring professional
marketing team to develop
marketing programs/plan for
promoting new differentiated
services as well as research
on
customers'needs/demands
Training and
Development
Emphasis on long-term
training and development for
the employees in order to
offer new services to
customers.
Insurance consultancy
training for the brokers, so
that they can get a
competency and skill in that
field
Give training and
development to back office
staffs, so that the brokers
can focus on giving many
differentiated services to the
clients
Designing a IT training for all
of the staffs to support the
implementation of IT based
management
Monitoring and
Evaluation
Implementing the peer-to-
peer review and also 360
degree evaluation to assess
the performance of the
company as well as to
ensure the development of
the employees
Reward and Recognition
Implementing the
performance based rewards
to increase both loyalty and
performance of the
employees
Creating extrinsic rewards
(payment/bonus/comission/e
tc) and intrinsic rewards
(personal
growth/achievement
recognization/career
development)
Key Action Plan
Commitment-BasedHR Strategy
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HR Strategy Recommendations
HR Strategy
Leadership development
Creating a leadership
training and development for
the top management and
middle management that
focus on three factors, such
as leader-member relations,
task structure, and positionpower
Coaching Culture
Development
Hire the external
professional coach for the
top management
Implementing the team-
leadership coaching for
enhancing the leader-
member relations
Peer coaching
implementation to improve
the peer to peer relationship
Leadership and
ChangeManagement
Key Action Plan
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Strategy Evaluation
FEASIBILITY
Funding requirements Fit with DS&Hs current employees' competences and skills Time to implement (When)
Improving DS&Hs known reputation Attain customers needs Increasing competitive advantage
SUITABILITY
Impact on return Risks of strategy implementation Stakeholders reactions
ACCEPTABILITY
Appendix
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Final OutcomeEvaluate the brokers KPI by adding the cost management
aspect within it, so the brokers can increase the sales as
well as maintaining the cost of sales
4.3
Vertically integrate the HR policies with the business
strategies by using HR scorecard to increase the
cooperation between each departments
3.7
Key strategy factors
Strategic option
Vertical Integration 4.0
Training and Development 3.7
Horizontal Integration 3.6
Leadership development 3.6
Coaching Culture Development 3.6
Reward and Recognition 3.4Monitoring and Evaluation 3.2
Recruiment 3.0
FSA RESULT
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Final Outcome
Key strategy factors
Strategic option
Vertical Integration 4.0
Training and Development 3.7
Horizontal Integration 3.6
Leadership development 3.6
Coaching Culture Development 3.6Reward and Recognition 3.4
Monitoring and Evaluation 3.2
Recruiment 3.0
FSA RESULT
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THANK YOU
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