Question:

TASKS

As part of the talent management strategy of the company you are required to prepare a report (2700 words) for the senior management team, ensuring reference to appropriate research and debate, that addresses the following:

1. Critically analyse the current employment markets of any TWO of the above cities and make recommendations as to their suitability for expansion of Boras. (40%)
2. Identify and justify an appropriate resourcing strategy that Boras can adopt when selecting the UK managers to undertake an international assignment. (60%)

Solution:

1.0 Introduction

Currently, growth strategy and expansion in different companies has focused on national and global expansion. In light of this, the precision and consistency of these companies on talent management practices focus on the Human Resource (HR) policies and leadership development must be prioritized. A study by Gould-Williams and Mohamed (2010) on best HR practice by most established entities hypothesized that attracting and retaining the skilled employees, stabilization of labor force in the new market of venture through in talent management and productivity increase are factors that are critical to the company’s success. Others include restructuring an entity management to ensure the credible and competent leaders fit in the appropriate locations and encouraging diversities are key proponents of success in any industry. It is worth noting that on the verge of business strategy execution through expansion, it is essential to source for best practice in recruitment of the right talent in the appropriate context and integrating specialized leadership skills. In this case, this report will focus Baros, a big UK Company specializing in Jewelry, watches, and accessories selling that intend to expand its operations by opening new outlets in airports and large shopping malls. In this report, I will argue that it is upon the company senior management team to access the local availability and reliability of suitably qualified staff.  In this case, I will provide an analysis of employment markets in Dubai and Mumbai, appropriate resourcing strategy with recommendations to Bora management.

2.0 Dubai and Mumbai Current Employment Markets and Suitability Recommendations

The necessity of proficiency on the employment markets of different areas that a company targets to venture is based on the increased competitiveness. As noted by Schuler et al. (2011) the competitiveness can only be attained through embracing an increase in local efficiencies, responsiveness, and flexibility through talent management. These factors are impacted by culture, economy and legal systems of a country. The theory that HRM practice is embraced and implemented uniquely in different nations has been tried, tested and approved. For instance, Hofstede conducted an empirical study on IBM company and devised an approach that can be adopted in understanding on the differences of employment markets and need for adopting a strategic measure by entities forecasting their growth (Hofstede, 2011). Hofstede hypothesized culture as the critical aspect that affects the change in employment markets and quantified it into individualism, power distance, uncertainties, avoidance, and Masculinity. In this case, Hofsted illustrated the existence of cultural variations in different nations. These elicit a portable potential impacting on the HRM practices and perceptions. In determination of employment markets factors, individualism and collectivism identify the society member’s strength while power distance establishes the extent of society member’s acceptance of power distribution between members and entities (Fey et al., 2009). Lastly, the uncertainty avoidance demonstrates the preference of an entity in unstructured instead of structured situations.

In a general perspective, as Baros focuses on venturing in different cities, there are common obstacles that will likely hamper the effective HR management. These include the cross-cultural adaptation, distinct organizational/workforce values and the differences in the management styles. Additionally, the management turnovers in these cities will also affect the organization. Hence, it will be critical for Baros to set reliable strategies to approach these factors to ensure success in their ventures. Despite these factors being common in Dubai and Mumbai, they equally have differences based on the area of venture that Boras intend to expand their business.

2.1 Dubai Employment Market Analysis

  Dubai is an extensive dynamic place presenting the HR practitioners and their different organizations interested in venturing their operations in the country with talent competition. According to Gremm et al. (2015) in Dubai, majority of the residents are wealthy and prosperous but with a similar deficit in terms of poverty levels. In this case, the availability of human resource pool is commendable hence attractive to any organization intending to join their venture in the industry. Nevertheless, the level of qualifications of senior and middle-level managers is still deficient with the few available professionals already absorbed in the oil companies, banking, and construction. This is prompted by the…………………………………………………………………………………………………………………………………….Please contact our team to receive guidance and support on this assessment in entirety

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