Question.3985 - Assignment 1
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ASSIGNMENT 1: Best Strategic HRM Efforts Apple Anthony Allen Fall 2024 Current Issues in Human Resource Management (MGT-592-01W) - 202480 MGT-592-01W Dr. Stephanie Pane September 25th 2024 Introduction Apple Inc. is well-known for its strong and successful human resources (HR) practices as well as being well-known for its cutting-edge products. Apple's competitive advantage, innovation, and excellence cultures are all factors that have led to the firm's long-term success, and these factors are supported by the HR strategy that the company has implemented. Using academic research on successful HR management techniques as a foundation, we will analyze Apple's primary HR tactics and how they promote success in this project. Apples HR Strategies Talent Acquisition and Retention: Apple's recruitment strategy is centered on the global employment of elite personnel, emphasizing problem-solving, innovation, and skill sets. Apple uses the power of its brand to draw in a diverse workforce and create a competitive atmosphere that inspires innovation in all of its employees. Effective talent acquisition techniques, according to Deeba (2020), entail not just selecting the best candidates but also fostering an atmosphere that will enable them to develop and flourish. Diversity and Inclusion: Apple encourages a varied range of viewpoints and ideas in order to foster an inclusive society. Its dedication to employing people from a variety of backgrounds strengthens its capacity for innovation. According to research, diversity can improve an organization's performance by promoting innovation and a wider range of problem-solving techniques (Van Knippenberg et al., 2020). To hold itself responsible for its advancements in this area, Apple publishes diversity reports on a regular basis. Employee Development and Innovation: For its staff, Apple strongly prioritizes ongoing education and growth. Apple makes sure that its workers are knowledgeable on the most recent developments in technology and have the ability to contribute to new product breakthroughs through its Learning and Development initiatives. Hassanein & ?zgit, (2022) assert that as it fosters employee engagement, productivity, and creativity, ongoing staff development is a distinguishing feature of prosperous businesses. Performance Management: At Apple, innovation and performance go hand in hand. The company's performance management approach emphasizes results and originality over more conventional measurements like hours spent. Apple encourages its staff members to take initiative and make significant contributions to innovation. Schnell et al. (2021) asserts that more innovative and results-oriented performance management methods, as opposed to inflexible procedures, produce highly motivated employees. Contribution to Success Apple's HR strategies have made a significant and direct contribution to the company's success in a number of areas. Its emphasis on bringing on top talent, encouraging diversity, and providing ongoing training has produced a staff that can spearhead the business's innovation strategy. Apple maintains its technological leadership by coordinating staff goals with organizational objectives through performance management and innovation rewards (Stier, 2024). Effectiveness of Apples HR Strategy Academic studies validate the efficacy of Apple's human resources tactics. Alhammadi (2023) in his study, for instance, demonstrates how HR procedures that prioritize performance-based incentives, employee development, and talent management support organizational success. Furthermore, Dolan et al. (2020) discovered that businesses that prioritize inclusion and diversity typically have stronger financial results since diverse teams tend to generate more creative ideas. These results are consistent with Apple's strategy, which has been a major factor in its success in a very cutthroat market. Conclusion Apple's HR strategy has been successful in contributing to the company's continuous success and is based on innovation, performance, and employee development. By drawing in and keeping top talent, encouraging a diverse and inclusive work environment, and recognizing innovation, Apple makes sure that its employees share its vision of becoming a global leader in technology. References Alhammadi, E. M. (2023). The Impact of Talent Management Practices on Employee Performance: Leadership Competencies as a Mediator.?International Journal of Professional Business Review: Int. J. Prof. Bus. Rev.,?8(11), 2. https://doi.org/10.1108/IJPPM-05-2020-0231Deeba, F. (2020). The Role of Data Analytics in Talent Acquisition and Retention with Special Reference to SMEs in India: A Conceptual Study.?IUP Journal of Knowledge Management,?18(1). https://openurl.ebsco.com/EPDB%3Agcd%3A14%3A25460206/detailv2?sid=ebsco%3Aplink%3Ascholar&id=ebsco%3Agcd%3A142016763&crl=cDolan, K., Hunt, V., Prince, S., & Sancier-Sultan, S. (2020). Diversity still matters. http://dln.jaipuria.ac.in:8080/jspui/bitstream/123456789/14238/1/Diversity-still-matters.pdf Hassanein, F., & ?zgit, H. (2022). Sustaining human resources through talent management strategies and employee engagement in the Middle East hotel industry.?Sustainability,?14(22), 15365. Schnell, S., Mihe?, D., Sobjak, A., & van Acker, W. (2021).?Performance management in the public administration: Seven success factors. World Bank. https://doi.org/10.3390/su142215365 https://documents1.worldbank.org/curated/en/216271624867473714/pdf/Performance-Management-in-the-Public-Administration-Seven-Success-Factors.pdf Stier, B. G. (2024). Applying Steve Jobs's Insights on Innovation, Leadership, and Technology toward an Apple-Inspired Law School.?Notre Dame JL Ethics & Pub. Pol'y,?38, 217. https://heinonline.org/HOL/LandingPage?handle=hein.journals/ndlep38&div=9&id=&page= Van Knippenberg, D., Nishii, L. H., & Dwertmann, D. J. (2020). Synergy from diversity: Managing team diversity to enhance performance.?Behavioral Science & Policy,?6(1), 75-92. https://doi.org/10.1177/237946152000600108More Articles From Human Resource
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