Hello! Need some help answering these question for my International Business cla

Question

Hello! Need some help answering these question for my International Business class

1. What are the advantages of the new SHRM approach? What must HRM do to be a true strategic partner of the company? If you were an HR manager, what steps would you take to minimize the outsourcing of jobs in your department?

2. How might a manager go about identifying the skills that the company will need in the future? How would you go about attracting and recruiting talented workers to your organization? Suggest ideas you would use to retain stars and keep them happy in their jobs.

3. What are IPRs, and why are they important? What are the four main types of IP? How does licensing relate to IPR? Would you do business in a country with poor IP protection? Why or why not?

4. Why are businesses interested in BOP markets?What are some examples of products developed to profitable serve BOP markets? What are some challenges of serving BOP markets?

Explanation / Answer

1. What are the advantages of the new SHRM approach? What must HRM do to be a true strategic partner of the company? If you were an HR manager, what steps would you take to minimize the outsourcing of jobs in your department?

There are a number of advantages for companies that use the SHRM approach, but the most important advantage is higher profits. Research has shown that companies that use SHRM are more profitable than those that do not (Carpenter & Dunung, 2016).

SHRM can also help to foster team building in a company it gives the organization a sense of spirit and camaraderie. When employees feel like their opinion matters to the upper management it creates a better working environment (Bradley, n.d.).

In order for HRM to be a true strategic partner of the company they need tto figure out the unique set of skills employees need for certain jobs by working with management and then find the potential employees to fill those positions. Once the employees are hired HR Manager needs to deliver comprehensive training to develop their competencies further to excel in their positions within the organization (Carpenter & Dunung, 2016).

In order to make sure that the HR department is not outsourced, as an HR manager I would make sure that the department understands the company’s goals and strategies. Proper training of the entire workforce should be done for making them understand the vision and mission of the organisation.

Note- As per Chegg answering guidelines we are only allowed to answer 1 question per post. Kindly repost the remaining questions to get their answers. Thanks.

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