Tuesday, May 7, 2019
HRM Assignment 1 Example | Topics and Well Written Essays - 750 words
HRM 1 - Assignment ExampleThe Tata Consultancy Services focussing had a very difficult task especially during the recession period as they spent virtually of their valuable period dealing with legal risks, financial, marketing and production while giving absolutely no consideration to its incident plan. The absence of the lodges human resource professionals in the company naughtily affected Tata Consultancy Services (TCS) cable activity and the management came to realize when it was already too late that this was in reality a key component in its management strategies.There was high employee turnover which transpired at the time the company least expected and it almost made the entire management to close down its business by retrenching all its employees. A contingency plan was the best possible practice as it could support the company (Tata) management to define how it would continue or recover its critical functions from the turnover of staff incident. This contingency pla n remains very critical since key employees and other members of the entire team remain an organic part and kit of any recovery strategy that Tata Consultancy Services (TCS) has to put together. The contingency plan would in future reassure Tata Consultancy Services (TCS) employees that their jobs remain secure during preparation and implementation of the contingency plan.This remained as the foster human resource challenge faced by Tata Consultancy Services (TCS).Tata Consultancy Services however, failed to have an insight of the oncoming recession period that would impose some destruction on its business and so it was vital for the companys top management to wage the employees by looking into strategies that can enhance the companys human resource capabilities and sustainability so as to achieve the ultimate objective of the company.This can make the employees to engage and interpret the likely challenges. Tata
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