NMIMS EMBA Strategic HRM Gaining a Competitive Advantage Solved Answer Assignment
Strategic HRM: Gaining a Competitive Advantage
 1. Introduction
The term “HR,” which stands for “human resources,” refers to the department of an organization that is in charge of recruiting, finding, screening, and training prospective employees. In addition to this, it administers benefit packages for employees. 
In the 21st century, human resources play a vital role in supporting organizations in coping with a rapidly shifting business environment and increased demand for productive people. 
Concepts and applications 
There are several challenges faced by talent acquisition teams. Let’s discuss the following: 
  1. a) Finding the right talent
Every time we advertise an open position, we receive one hundred applications to consider. 
Nevertheless, how can we determine who will be the best fit? Finding the proper person to fill a talent management team’s open position has historically been demanding and arduous. 
First, we must be clear about what we want in a hardworking employee. There is a distinction between selecting the appropriate individual and identifying the most qualified candidate for the role. The question now is: how do we locate the most qualified person? 
Conclusion
We have elaborated on the notion of human resources, as was requested in the previous inquiry. We also discussed the many difficulties of talent acquisition during the hiring process. 
  1. Introduction
The performance of the organization’s personnel is what the assessment system focuses on rather than the standards that have been established or the future goals that must be accomplished within those set standards. As part of the performance review process, we must provide ongoing education and professional development opportunities for the organization’s staff. It is helpful for the management to identify the achievements and deficiencies of the personnel by the standards that have been set and the future targets that need to be accomplished.
Concepts and applications 
There are various modern methods of appraisals. Let’s discuss the following: 
  1. a) OKRs
OKRs, “objectives and key outcomes,” are one of the most recent forms of performance evaluation systems currently in use. They are primarily concerned with locating quantitative measurements that may be used to analyze and evaluate performance. Not an individual’s performance but the performance of the organization and the team as a whole are being assessed based on the objectives and key results that have been defined and designed. The goals are examined and measured in terms of milestones. The plans are the “what” of performance, and the conclusions are the “hows,” which are evaluated and measured in terms of landmarks that are either not achieved or achieved. 
Conclusion 
There are many different examples of modern performance appraisal practices that have been employed successfully by a variety of firms, including those that we mentioned earlier in this section. In addition to this, we have highlighted some businesses and organizations that have the performance management methods that are the most effective.
3a. Introduction
Apex’s training procedure is pathetic. Apex’s training method is both ineffective and inefficient. Practical training may include training personnel, considering their job roles and responsibilities. However, in Apex, the company delivers the same training to all its employees, including the sales team, the HR staff, etc. 
Concepts and applications
The inquiry also noted that none of the jobs had a training handbook. Even though several positions do have training manuals, their job descriptions need to be revised. 
It is the most ineffective form of education a firm could provide for its staff members.
An efficient training program will ensure that employees are trained according to their job descriptions and that the training is provided by trained experts rather than employees serving their notice periods. 
Conclusion
We have expressed our view and concluded that the training that Apex offers might be improved because it does not involve the maximum number of components necessary to make a training process successful and efficient.
3b. Introduction
Due to several deficiencies in its training program, Apex has a long way to go before reaching its full potential. The employees will not experience any beneficial effects from following their training program; instead, this will result in a drop in productivity.
Concepts and applications
To make their training program effective, I will follow the following steps:
  1. a) Assess the needs
To do need assessment, the following stages are required:
Identify clear objectives- Having a well-defined and encouraging reason for participating in training is beneficial.
Find out what kinds of actions are required to achieve the goals. Examine the current activities of personnel and determine how those activities stack up against the goals that lie ahead.
Conclusion
All of the procedures above are necessary components of an effective training program. These essential steps must be incorporated into the training program in some way, shape, or form. On the other hand, this is separate from Apex’s training curriculum in any way, shape, or form. At Apex Door, we have been working to make the training process more effective.

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