MBA533 Human Resources Plan_6-13-16 - Motors and More INC Human Resources Plan Gian Framingheddu Nicholas Gill Hannah Godfrey Marla Haile-Bevel Heather

MBA533 Human Resources Plan_6-13-16 - Motors and More INC...

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Motors and More, INC. Human Resources Plan Gian Framingheddu, Nicholas Gill Hannah Godfrey, Marla Haile-Bevel Heather Langnas, Roslyn Manley Human Resource Management Saint Leo University
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Table of Contents ABSTRACT ....................................................................................................... 3 EXECUTIVE SUMMARY .................................................................................... 4 PROACTIVE STRATEGY .................................................................................... 5 SWOT ANALYSIS ............................................................................................... 7 PORTER’S FIVE FORCES OF COMPETITIVE POSITION ANALYSIS ...................... 8 HUMAN RESOURCES ORGANIZATIONAL DESIGN ........................................... 10 RECRUITING AND RETENTION PLAN ............................................................. 16 COMPENSATION PLAN ................................................................................... 19 TRAINING AND DEVELOPMENT PLAN ............................................................ 25 DEVELOPING A FORECAST PLAN ................................................................... 28 REFERENCES ................................................................................................. 34 Table of Figures Figure 1: HR Organizational Chart .................................................................. 10 Figure 2: Motors and More, Inc. HR Organizational Chart ................................ 15 Figure 3: Motors and More, Inc. Cost of Turnover Chart…. ………………………………..17 Figure 4: Communication Plan……………………………..…………………….. …………..24
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3 ABSTRACT Using the Human Resource Management (HRM) case study information given about a fictitious company Motors and More, INC., which manufactures small motors and accessories for industrial and home products. We will assess the company’s current structure in all areas of its organization that affects its process and servicing its target market. We will determine if their employee hierarchy concerning decision rights and if they will need to restructure each department by training its current staff and hiring new qualified individual who will expand their current positioning in the new target market. Our ultimate goal will be to use the given information to determine the type of strategy they will need, not only create and capture the market, but also to become a new entrant into the burgeoning market it is targeting.
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4 EXECUTIVE SUMMARY Motors and More, INC., a company based in a small residential town of 28,000 people with a low unemployment rate of 3.1%. The company is highly competitive and seeking to corner the market using a prospector strategy, which takes advantage of new markets and products. Being the 1 st in this market will help them to capitalize on the town’s growth by creating innovation and new product development. In order to fulfill the demand for workers, which exceeds the labor supply, Motors and More, INC., must utilize the students through offering internships with a high possibility of hiring them. Primarily, promotions were given by seniority until the increased product demand expanded to 96% and the higher than normal turnover rate of employees prompted them to implement a Human Resource Management department. They also intend to utilize the labor market population, which is 48% minority with a growing Hispanic and Kurdish population and promote more women into top-level supervisory positions. Motors and More, INC., intent to restructure the organization and that will be more specific by department and provide more extensive training to current employees.
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5 PROACTIVE STRATEGY Being proactive in constructing a strategy would include current company information pertaining to its day-to-day operations and studied market realities the company could use to expand and capitalize on.
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