Last day of the OFFER FLAT 20% off & $20 sign up bonus Order Now
Last day of the offer FLAT 20% off & $20 sign up bonus
The business landscape in India is characterized by fierce competition, uncertainty, nonlinear growth, and turbulence. Maruti Suzuki India Ltd faces fierce competition from homegrown motor companies such as Tata Motors and foreign automobile companies. Evidently, each of these automotive powerhouses is fighting hard to outdo the other and dominate the market share (Lokhande & Rana, 2013). Despite the competition, Maruti Suzuki has still maintained its position as the market leader. However, this dominance may not last for long due to other companies venturing into the small car section of the market. This new development poses a significant threat to the enterprise. The case study takes a look at the journey of Maruti Suzuki since its beginning. Moreover, the case study outlines the various organizational and Human Resource changes which enabled the company to respond to a series of business needs. These changes, which were majorly on the monopolies and public sector enterprises, enabled Maruti Suzuki to compete with other global companies. The case study illustrates the challenges that the company has faced in its effort to make these changes and how the Human Resource participates in the creation of these changes. Some of the problems encountered include the need to modify the perception and mentality of the employees regarding certain cross-cultural issues and create an efficient workforce. One of the most difficult undertakings is to come up with a breakthrough innovation which would help the company stand out and gain a competitive edge. Another pressing challenge for the company is retention of talent. With the competition heating up, retention of top talents is becoming more difficult.
The problems stated above can be dealt with using several approaches. The HR needs to develop and embrace an organizational culture that is supportive of the stated efforts. A supportive culture can be achieved by setting clear goals and celebrating when the stated goals are met (Bratton & Gold, 2012). As some thinkers note, employees will be more motivated when their efforts are recognized. The culture of innovation and quick responses should also be propagated within the company to ensure that Maruti Suzuki India Limited maintains its position in the automotive market. The employees should constantly be reminded that mistakes create a path for innovation and creation of great ideas. This will help lessen the fear among the workers and improve the chances of coming up with a breakthrough innovation (Daley, 2012). It is also important for the HR to invest in top-notch and well-skilled employees who will help elevate the company to greater levels and ensure that the company retains its leadership position and market share. To deal with the challenge of employee retention, the company should improvise some strategies such as evaluating and rewarding good performance, hiring the right people and matching the job offers from the competitors.
There is the need for the creation of an evaluation plan that will contribute to address and improve the actions identified above. The evaluation plan will assess and propose ways to improve the various activities which include the creation of a supportive culture, fostering innovation, retaining talent, and hiring new skills. The evaluation plan should continue to the implementation stage to ensure that the activities are productive by setting clear goals and timeline (Fernández-Guerrero, Revuelto-Taboada & Simón-Moya, 2012). Additionally, the evaluation plan should serve to propose unforeseen insights that will help to improve the outcomes of the activities. Finally, the evaluation plan should be reviewed by the governance or steering committee, an external or internal evaluator, and the activity director. The process of reviewing will help to ensure that the activities are all inclusive and tailored to the company’s activities. A questionnaire survey, for instance, will help to assess how the employees feel about the activities. Both the participants and the stakeholders should be identified in the evaluation plan, and all the relevant items should also be included.
Bratton, J., & Gold, J. (2012). Human resource management: theory and practice. Palgrave Macmillan.
Daley, D. M. (2012). Strategic human resources management. Public Personnel Management, 120-125.
Fernández-Guerrero, R., Revuelto-Taboada, L., & Simón-Moya, V. (2012). The business plan as a project: an evaluation of its predictive capability for business success. The Service Industries Journal, 32(15), 2399-2420.
Lokhande, M. A., & Rana, V. S. (2013). Marketing Strategies of Indian automobile companies: a case study of Maruti Suzuki India Limited.
No matter how close the deadline is, you will find quick solutions for your urgent assignments.
All assessments are written by experts based on research and credible sources. It also quality-approved by editors and proofreaders.
Our team consists of writers and PhD scholars with profound knowledge in their subject of study and deliver A+ quality solution.
We offer academic help services for a wide array of subjects.
We care about our students and guarantee the best price in the market to help them avail top academic services that fit any budget.
I've tried plenty of assignment services before, but Assignmenthelp.us takes the cake. My assigned writer made sure to clarify all the points of my assignment and reassured me he'd get it done in 3 days. I was surprised when he delivered the paper the next day! The writing quality was exceptionally high, and I ended up with the best grades in class.
Sarah Glove
lko
I've always received low grades in my class for many years. I could ignore it before, but taking a risk in my final year would have been careless. My friends always spoke highly of Assignmenthelp.us, so I decided to give it a try. I was surprised at how low the prices were. My grades improved a lot, so I highly recommend everyone to try them out.
George Brian
If you're looking for a service that can provide you great assignments, Assignmenthelp.us is the best option there is. The writer was the most professional out of all the services I have hired till now. Any time I had a question, their customer care always replied to me in a few minutes. I'll surely come back to use their services again.
Samantha Rich
Thank you for Subscribe to us
Thank you for Subscribe us. You will receive a confirmation email shortly in your subscribe email address.
Have any Query? Contact with us
You will receive a confirmation email shortly in your subscribe email address.
You have already subscribed our newsletter.