Provide a conclusion for the following: Overarching organizational goals of Goog

Question

Provide a conclusion for the following:

Overarching organizational goals of Google

Human Capital management refers to managing an organization’s employees for them to contribute significantly in the overall productivity of organization. In a layman’s language managing workforce of an organization refers to human capital management. Human Capital Management is defined as the process of acquiring, training, managing, retaining employees for them to contribute effectively in the processes of the organization. The success or failure of any organization is completely and cent percent depends on its man power only. Even google knows it very well. For this only they are managing good man power with them. The quality of manpower, the talent and rich in knowledge is the key for success of google. The human capital management is good in google. Google is one of the best MNC which is operating in many nations and the services of google are utilizing of most of the internet users. The kind of services is resulted because of its talented, innovative and realistic people only. Now it is operating in many nations, with more customized products, by covering all segments of markets with its products, it is doing well.

Google’s mission is to “To organize the world’s information and make it universally accessible and useful. “Broadly Google’s goals are constantly keep improving its search results based on the various factors. It aims to provide better and better search results. Google aims to maximize the user experience by improving technically and making it easier for users to use their products. Human capital management in google is best one which is following a clear process. It prefers talent in the people rather than their age, sex, color, religion or gender. They give most priority to its employees and provide all kinds of facilities. They shares everything with them, they give importance in decision making, consider their ideas and views and respect them. They continuously assess the performance of the employees, and if there are any limitations, they work on those to minimize those. They support the employees for career growth and development too.

Google now it becomes one of the passionate companies for new job seekers, many of the new comers dreaming a job from google. That is the value of google in the minds of its employees. And it is providing good profits to the owners of the business. For the last 5 years they are running with good profits and the promoters and shareholders are getting good returns, even the clients also enjoying the services provided by google in all dimensions. Google exactly knows what its clients and customers are looking from them, and they are delivering it in the same manner. Google is providing what the stakeholder expects from it. To employees job security, good pay, conducive work environment, potential career growth and supportive work environment. It is helping them to manage good man power and their human capital management is good.

HCM practices to create value for stakeholders

HCM practices can create value for stakeholders by aligning HR strategy with the business strategy. The first step in HCM is to understand the business strategy and based on that define the HR strategy. At Google the HR strategy is integrated with the Business strategy. For example employees are allowed to sleep during work if they are stressed. This helps employees to improve his productivity. By treating employees well google also has a competitive edge as the attrition rate of the company is very low. Google created value for all the stakeholders for both their employees and customers/clients. Employees 20% of the work time of technical employee is given to the project of their choice, this helps google to innovate. Allowances given to the employees at Google are known worldwide. It takes care of its employees and google consider its employees its core strength. Google has somewhat flat culture which makes employees reach the superior without thinking twice. With customers/clients Google has created value for the customers or clients by providing the excellent product and service. User experience for google is of utmost importance.

HCM practices enhanced to support Google

Google’s HCM practices are very efficient. The HCM practices can be enhanced by align HR strategy with the innovation in technology. Since Google is a tech savvy company and works on the latest technology it is important for HR to keep the HR strategy up to date with the technology and business strategy. Within in Google there are a few practices they use make sure the company runs effectively.

Every single week, they have a meeting called TGIF—Thank God It's Friday. The founders and the most senior executives will stand up and say, "This is what happened over the last week." What gets shared there is information that they would never share publicly. It's about what's happening with our product. It's about victories and failures. It's about what we've learned from the mistakes. It's about how quickly different products are growing, about technical issues, all information that we trust our employees to use judiciously.

There's also an open Q&A session where anyone in the company can ask any question. The Q&A is really no-holds-barred. It covers everything from whether the mix of food in the cafes is too healthy to really sublime questions around whether our strategy with a particular country or product is good or evil. Beyond sharing information, google let people help run the company. Again, if talent is important, then you want to treat them like owners rather than as employees. So they have people who are not in human resources help design our compensation system. When they do performance assessments, they get 360-degree feedback on every single employee in the company, because they believe your peers have better insight into what you're doing than your manager does. On the business side, employees have input on investments they make and how products are modified and launched.

Explanation / Answer

Conclusion: Thus we can conclude that, HCM is a process of acquiring, training, managing and retaining employees for the organizational overall development. As, we know that human resource is the most valuable asset for any organization. Google as a global player knows well the importance of nurturing and developing people for its sustainable business goals.

In other words an organization like Google is also fulfilling its mission, vision and other short term goals through the development of its employees by many modern techniques. In HCM, business strategy will be aligned with the HR strategy it gives value advantage to the organization. In the same way Google has innovated many new facilities to it employee so that they can get a very sound workplace environment. Where, they can release their stress, fatigue or any other problem through rest room or by getting proper counselling from the management. Google believes its employees for getting core competence in the global marketplace. So, other organizations and stakeholders can learn from goggle treatment to the people.

Related Questions

Navigate

• Browse (All)
• Browse P
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.