Business strategy
Assume for this assignment that you are being highly considered for a director-level HR management position for a best-in-class national retailer. You are in the final phase of the interview process and must respond to the interview panel regarding specific questions and scenarios that will help them determine if you are a good fit for the new role. The company’s culture is centered on the effective development of strategy, plans, and selection criteria aimed at building and sustaining a competitive and profitable organization. It will be extremely important that you respond with a strategic mindset in order to convince the organization you are able to help them ensure the execution of the business strategy.
Instructions
Write a six- to seven-page paper in which you do the following:
Analyze different types of strategies (cost leadership, differentiation, and focus or niche) and select which one you would deem more appropriate for an “efficiency-minded” retail organization.
Explain your rationale.
How would the selected strategy ultimately affect how HR does its job?
Examine the four approaches to job design or redesign and provide an example (not a definition) of each.
Make a case to the interviewing panel on the importance of effective job design applications in supporting the overall strategic goals of the organization.
Consider challenges and constraints associated with recruiting workers and identify and discuss at least two issues.
What advice would you give to ease your selected issues? Be specific.
List and describe 2–3 candidate selection process ideas that might add value and overall effectiveness to the process. Example: 5 Tips for Designing an Effective Employee Selection System.
Also, what problems should HR and management teams avoid during the selection process?
Use at least five (5) quality academic resources, 1 of which must be the assigned textbook.
Robert Lussier. 2019. Human Resource Management: Functions, Applications, and Skill Development (3rd ed.). SAGE Publications, Inc.
Please also review the two resources listed below:
The recruitment process video, (3 minutes 58 seconds): https://www.youtube.com/watch?
Internet websites are not to be used in this course unless they come from the course resources list (ATTACHED).
If you list a journal article reference you must add the retrieved from link so we all know where to go to get the reference. That is mandatory for this course.
Also be sure all references are listed properly to include all the required information. It is also helpful that you include page or paragraph numbers with your citations so information can be directly validated.
As we discussed, please follow all of the instructions provided especially the one listed below:
Internet websites are not to be used in this course unless they come from the course resources list (ATTACHED). You may use the website listed below as well as the additional one included in the instructions and the youtube video.
This professor is super strict. Please let me know if you have any questions.
Answer preview
In discourse appertaining to organizational performance, the term strategy refers to the steps that an organization follows as a means of achieving its goals and objectives (Onday, 2016, p. 31). Strategies are essential for organizational success because they lay out a clear and defined plan that all stakeholders can follow to realize desired outcomes. Research into organizational performance has yielded insightful developments in the general understanding of corporate strategy. There are three main categories of organizational strategy: cost leadership, differentiation, and focus, or niche. A cost-leadership strategy is an approach whereby organizations take various measures to lower their production and other operational costs (Jyoti et al., 2017, p. 172). Such a strategy means that an organization will prioritize reducing costs as a means of ensuring sustainability, competitiveness,
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Business strategy
