Human Capital Management
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- Date Submitted: 12/05/2015 05:42 AM
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Restructuring for Success
Tiffany Wilson
Colorado Technical University
Abstract
The purpose of this paper is to assist Shawn in addressing the board. It will provide helpful information that will give him an outline as to the next steps the board will need to take in an effort to continue its success as well as remain the leader in the industry amongst its competitors. In doing so, AGC will continue to see a profit, retain its employees and hire new talent to perhaps increase its manpower and production.
Shawn’s Approach
In an effort to restructure AGC, there are a number of things that have to be taken into consideration. Since Shawn has just joined the team, his presentation has to be informative and insightful. One of the first steps would be to define human capital management, its importance and a structure that needs to be implemented. As with any organization, certain policies and procedures need to be implemented and followed. A strategic plan would be the first place to start. This is simply “a company’s plan for how it will match its internal strengths and weaknesses with external opportunities and threats in order to maintain a competitive advantage”. (Dessler). The framework for the strategic plan is also important because this will allow the board to determine the strengths as well as weaknesses that may be present within the organization. Once this has been determined, the restructuring process can begin. Since there has been little to no communication amongst management/employees each department will need to hold a meeting to determine how organizational structure should be established internally. A question to ask would be where does AGC stand currently in the market as well as financially? Before reconstructing, the importance of the change must be communicated and understood in such a way that resistance from John and other board members won’t impact the change.
Shawn should present the board with a power point presentation that outlines...
Tiffany Wilson
Colorado Technical University
Abstract
The purpose of this paper is to assist Shawn in addressing the board. It will provide helpful information that will give him an outline as to the next steps the board will need to take in an effort to continue its success as well as remain the leader in the industry amongst its competitors. In doing so, AGC will continue to see a profit, retain its employees and hire new talent to perhaps increase its manpower and production.
Shawn’s Approach
In an effort to restructure AGC, there are a number of things that have to be taken into consideration. Since Shawn has just joined the team, his presentation has to be informative and insightful. One of the first steps would be to define human capital management, its importance and a structure that needs to be implemented. As with any organization, certain policies and procedures need to be implemented and followed. A strategic plan would be the first place to start. This is simply “a company’s plan for how it will match its internal strengths and weaknesses with external opportunities and threats in order to maintain a competitive advantage”. (Dessler). The framework for the strategic plan is also important because this will allow the board to determine the strengths as well as weaknesses that may be present within the organization. Once this has been determined, the restructuring process can begin. Since there has been little to no communication amongst management/employees each department will need to hold a meeting to determine how organizational structure should be established internally. A question to ask would be where does AGC stand currently in the market as well as financially? Before reconstructing, the importance of the change must be communicated and understood in such a way that resistance from John and other board members won’t impact the change.
Shawn should present the board with a power point presentation that outlines...