Assignment Submission Form Acknowledgment of Assignment Receipt
Transcript of Assignment Submission Form Acknowledgment of Assignment Receipt
Assignment Submission Form
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Assignment 1/ Assignment 2
Program / Intake : Bachelor of Business Studies / Intake 47
Pathway: Logistics and Supply Chain Management
Student Name: Ng Choi Peng Student Number: 14211113
Module: Human Resource Management ( HRM2001S )
Lecturer/
Tutor:
Dr Chang Chen Sheng Grade:
DECLARATION: I hereby declare that the attached assignment is my own work. I understand that if I am suspected of plagiarism or another form of cheating, my work will be referred to the Academic Registrar/ or the Board of Examiners, which may result in me being expelled from the program.
Signed: ___________________________________ Date Submitted: 09 JUL 2015
Acknowledgment of Assignment Receipt
(Students are required to fill up this acknowledgment slip upon submission of assignments)
Student Name: Ng Choi Peng Student Number:14211113
Program / Intake: Bachelor of Business Studies / Intake 47
Module: Human Resource Management (HRM2001S) Assignment 1 / Assignment 2
Lecturer: Dr Chang Chen Sheng Received by: ________________________________
National University of Ireland, Dublin
Bachelor of Business Studies (Logistics and SupplyChain Management)
Intake 47Group: (D)
Module: Human Resource Management (HRM2001S)
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Essay Title: Kim Ann Engineering Pte Ltd HRM Strategies andimpact on the company’s competitive strategy
Submitted by: Ng Choi Peng
Student Number: 14211113
Lecturer: Dr Chang Chen Sheng
Submission Date: 09 Jul 2015
Word Count: 1827 words
Contents Page
Assignment Submission Form……………………………………………………………………………...1
Assignment Cover Page…………………………………………………………………………………….2
Table of Contents…………………………………………………………………………………………...3
Introduction…………………………………………………………………………………………………4
Body of Contents1) What is competitive strategy? What is differentiation strategy? What is strategic human resource management………………………………………………...…….....52) Kim Ann HRM strategies and their impact on company’s competitive strategy
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I. Job analysis and design II. Training and development III. Performance management................................................................................................................6-9
Conclusion………………………………………………………………………………………………...10
Reference lists……………………………………………………………………………………………..11
Plagiarism Certificate…………………………………………………………………………………...…12
Introduction
Kim Ann Engineering Pte Ltd built up their business in 1974 of
buying and selling general engineering steel. However, due to a lot ofPage | 4
competition in those days, Mr Lau moving business into the supply of
specialised steel and different kind of metal such as copper, they
took this step to cater to the strong demand from its oil and gas and
precision engineering customers. Kim Ann’s key strategy at that time
is to be well-diversified. In the late 1980s, Mr Lau ventured abroad
with the business. He took the plunge and set up overseas offices,
first in Malaysia then following by Indonesia and Philippines. Then,
in the late 1990s, Mr Lau diversified the business by started to
provide specialised steel to new industry segments such as aerospace
engineering and electronics.
Nowadays, Kim Ann Engineering Pte Ltd is a "one-stop supply
service centre" offering a comprehensive range of specialty metals and
related value-adding services such as metal cutting, sizing, machining
(such as blanking, milling, grinding) and heat treatment to
differentiate from other organizations’ services provided. The
differentiation strategy of “one-stop supply service centre” are bring
about their customer base consists of industrial players from the
Electronics, Oil & Gas, Precision Engineering, and Aerospace/Defense
segment. Kim Ann is proud to be the leading Oil & Gas and Aerospace
metal stock centre in Singapore with a strong market presence in Asia
Pacific and their sales extends to more than twenty countries world-
wide.
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What is competitive strategy?
According to Patidar’s (2013) research, competitive strategy can
be defined as the "plan for how a firm will compete, formulated after
evaluating how its strengths and weaknesses compare to those of its
competitors. Competitive strategy consists of the actions which are
taken to attract customers, to withstand the competitive pressures of
the market and also to help and strengthen the firm's market position.
The main objective of the competitive strategy is to gain a
competitive advantage over organisation's rivals. The competitive
advantage can be either greater customer value than the competitors or
higher operational efficiency than the competitors, or both.
What is differentiation strategy?
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Differentiation strategy is a kind of strategy that an
organization provide unique product or service to customer and unable
imitated by other organization. This strategy deemed by customer to
distinguish products or services with the competitors. These unique
feature makes the product different from the competitors' products and
adds value to it. This added value allows the producer to charge a
premium price for its product because of the product or services
unable imitated.
What is strategic human resource management (SHRM)?
According to Noe et al. (2015), strategic human resource
management is the pattern of planned Human Resource activities and
deployments intended to enable an organization to achieve its goals.
Strategic management is a process to address the organization’s
competitive challenges.
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Kim Ann HRM strategies and their impact on company’s competitive
strategy
Human resource management is the most crucial organizations'
department that manage those complicated employees' problems,
especially when the organizations are operating in highly competitive
and uncertain environments. Strategic of HRM emphasis on developing
and implementing policies and strategies in order to get the desired
output.
1. Job analysis and design
From text book, Noe et al.(2015) propose that job analysis
is the process of getting detailed information about jobs.
It is includes responsibilities, skills, qualification,
experience and hence summing-out the job description to
demonstrates who can be fit for the job.
For example, while HR analyse job for position of heat
treatment worker, they required to getting detailed
information about the job. All this detailed information
need list and sort out in the job analysis and making
decision about what task should be grouped into a
particular job. An output of job description must state
clearly about the responsibilities of the job is contain
higher risk because of those equipment with oil or gas
quench capabilities. They need a worker's correlation
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skills to handle furnace’s scrap, knowledge about steel,
qualification of professional or heat treatment skill and
experience of operate heat treatment furnace. Otherwise,
at least they will need have a basic knowledge regarding
to heat treatment process. This requirement can be match
with the applicant who have same background and easier HR
upon recruitment and selection, this would help Kim Ann
select a potential employees who is capable and conform to
their requirement
A job analysis and design will help to output a clear job
description, those hired employee know their job scope
well and similarity background or experienced could
shorter their on-job-training period. Hence, they are able
provide faster and better product quality at the shortest
time once they are clear about firm’s mission and vision.
At the same time, they are provide value-added services
and good customer service. Kim Ann emphasize their firm as
a “one-stop supply service centre”, in the other words,
they can provided steel and value added service in
shortest time and better price to achieve customer
satisfaction and gain market value. This is useful in
assist them expand more business and service globally.
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2. Training and development
It had been defined that (Noe et al.,2015) training refers
to a planned effort by a company to facilitate learning of
job-related competencies, knowledge, skills, and
behaviours by employees. The goal of training is for
employees to master the knowledge, skills and behaviours
emphasized in training and apply them to their day-to-day
activities. Training can be in form of formal training,
informal training and continuous training.
As a customer service staff of Kim Ann, they should have
acquaintance to firm’s mission and vision, firm’s culture
and competitors, firm’s products and service provided, and
last but not least is communication skills. However, firm
do not provide any formal training regarding to activity
above, new customer service staff always guided by a
senior staff, as long as the senior staff had been worked
at Kim Ann more than six months. Kim Ann’s training method
usually is on-job-training by guidance of senior staff,
they based on their experience to guide new staff. Under
this circumstances, it might prompt one problem but have
different solutions. End up, customer will feel
uncomfortable with and lost confidence to firm due to
procedure are not standardized. Over past few year, Kim
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Ann's HR didn't conduct any formal training for senior
staff, this lead them do not have updated information
regarding to new products, new sales procedure, operate
Microsoft application. Their current daily operation is
only manage quotation and order but without interaction
with customers. Communication is the way can build rapport
with customer, as times passes, if customer do not feel
staff passion and enthusiasm, firm will be lost customer
gradually.
Without training, staff will be lacking of task knowledge,
unskilful, worst working attitude, lack of motivation of
learning and innovation in the job development. All these
causes will drag down learners' learning mentality and
lost their informal training which learner initiated
involves action and doing which is motivated by an intent
to develop. Hence, they are unable continuous learning
which requires employees to understand the entire work
process, expects them to acquire and apply new skills, and
shared what they have learned. It act against their
mission, mission of focus on people development to meet
challenges of technological change in the knowledge-based
economy. This will strike their differentiate strategy
because formal training and continuous learning is
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important to staff of provide good customer service and
products knowledge in the shortest time. Hence, it can
achieved customers' satisfaction upon they get clear
information on products and services provided.
3. Performance management
According Noe et al.(2015), every company that seek for
competitive advantage through employees must be able to
manage the behaviour and results of all employees. Most of
firms believe that performance appraisal which an
organization gets information on how well an employee is
doing his or her job is only one part of the broader
process of performance management. Performance management
is the only crucial part which manager ensure that
employees’ activity and outputs are congruent with
organization’s goal.
Kim Ann's management level evaluate staffs' performance
appraisal procedure are not standard, they should carry on
staffs' self-performance appraisal, after then is
management level's evaluation. This action could let
management have an evaluation comparison between both of
them and staff. Through this performance management
process, management can identify whether firm accomplish
goals or objective. However, Kim Ann management evaluate
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staffs’ performance by using critical incidents approach
which require managers to keep record of specific
effective and ineffective performance. Staff performance
appraisal is evaluate by staffs’ skill and ability. For
example if there have only one staff manage a unit, but
another unit have two staff manage, it is unfair to
evaluate staff by use critical incidents approach, because
his or her ability and effort to manage a unit was
ignored. This appraisal classified as Halo and Horns
measurement which is use one criteria to judge overall
performance. And the appraisal is evaluated by department
manager without performance information sources such as
peers, subordinates, customer and staff own self. It seem
like the appraisal is bias and unfair. Upon face-to-face
performance appraisal interview, manager do only emphasize
on ineffective performance and do now suggest any
improvement to the staff.
One of the purpose of performance management is strategic
purpose should link employee activities with the
organization’s goal. This strategic implemented is lead
manager defining employees’ performance such as employees’
results, behaviours, characteristics and merit.
Performance management is critical for companies to
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execute their talent management strategy which manager use
to identify employees’ strengths and weakness which can
link appropriate training and development activities to
enhance their performance skill on job. At last but not
least, reward or incentives pay for good performance will
motivate staff and increase the quality and quantity of
productivity. If employees awareness with their strength
and weakness, effort and skill they put into job is most
probably higher than before performance appraisal and
management. At least, they will be aware in future time to
avoid same mistake happen, this will reduce mistake and
enhanced employees performance next year. Performance
management not only help evaluate staffs’ performance, it
also can help company achieved their strategy to sustained
competitive advantages at the same time.
Conclusion
Kim Ann Engineering Pte Ltd play a role as "one-stop supply
service centre" offering a comprehensive range of specialty metals and
related value-adding services to differentiate from other
organizations’ services provided.
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However, strategic of Human Resource Management must be align
with the differentiation strategy to achieve firm’s strategic goals
and mission. Beside the point of concerned with recruitment,
selection, learning and development, reward, communication, teamwork
and performance management, an organization's HRM must have to
consider the employees role and functionality which contribute to
organization strategy and competitive advantages.
While strategies or practices of Human Resource Management were
successful aligned with firm’s competitive strategy, this will bring a
firm unexpected achievement in sustained competitive advantages.
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Reference list:
1. Kim Ann Engineering Official Website <http://www.kimann.com/>
[Accessed : 10 Jun 2015]
2. Patidar,Manish.(2013). Marketing Notes-Defining Competitive
Strategy, eNotes MBA, 04 May. Available at:
<http://www.enotesmba.com/2013/05/marketing-notes-defining-
competitive-strategy_4.html> [Accessed : 10 Jun 2015]
3. Noe,Raymond A; Holleenbeck,John R; Gehart,Barry; Wright,Patrick
M(2015). Human Resource Management.Berkshire.McGraw-Hill Education
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MERGEFORMATINET Confirmation Certificate
Congratulations!
You have successfully completed the Library Plagiarism Quiz.
Student Name: NG CHOI PENG
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Student Number: 14211113
Date: 17th MAY 2015
THIS IS TO CERTIFY THAT (signature)………………………. HAS COMPLETED THE PLAGIARISM QUIZ
Remember that the confirmation certificate is a statement by you that you understand plagiarism and know how to avoid it. If you think that you do not understand plagiarism and how to avoid it after working through this tutorial, you should confer with your module coordinator, no matter what score you have obtained on the test.
Please print out this page and attach a copy of the certificate to the final page in all assignments you submit on each module as part of your programme(It is your responsibility to print the certificate, complete the information, sign it, and keep a copy of it for your records)
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