Tuesday, February 18, 2020
Evaluating an International Human Resource Strategy (Sarun) Essay
Evaluating an International Human Resource Strategy (Sarun) - Essay Example The report mentions PESTLE analysis, necessary to understand how and why they shape their HRM strategy in India. The report also looks into evaluating the main HRM models that are relevant to the recognized economic drivers for Starbucks. It studies how the interim strategy is benefiting the employees and helping them achieve their career goals. The HRM report also covers an analysis of different approaches of HRM globally and that are actually used at Starbucks and how they can be modified in India. The links identified between the business strategy and the interim strategy are crucial to the differences between international and local policies. The report of Starbucks and corporate also covers the successful impact of HRM policy on overall organizational performance. A section is specifically assigned towards recognizing the employee involvement and participation in how this creates a healthier work environment. The report also looks into the reward system as how Starbucks Corporat ion encourages their workforce to achieve better results. And finally based on the discussion from the literature and the practical examples of HRM in the Starbucks Corporation suggestions are given that will help improve the HRM strategy for their joint venture in India. Starbucks Corporation was established in 1971 Seattle, Washington. It grew to 55 stores in 1989 and today it has over 19,767 stores all over the world (Starbucks Company Profile, 2013). It started its overseas operations in 1996, starting from Tokyo (Bussing-Burks, 2009). The main products sold at the outlets include; ready-made coffee, whole coffee beans, beverages, pastries and other coffee related retail items. Starbucks Corporation belongs to the disposable income industry of food and beverages. Since 1990s the industry has seen tremendous growth, this also brings a lot of competition for Starbucks.
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