This website uses cookies to ensure you have the best experience. Learn more

Team Building Essay

1997 words - 8 pages

Human Capital Management Trends in Global Economy
Challenge for Human Capital Management?
In recent years there has been significant change in the way labor is pooled across the globe. The influences of technology and growth have effectively caused industry leaders to have to change their focus from the brute force of labor (factor of production of traditional Economics) to the actual quality of the workers available globally (Global Outsourcing). This has produced a shift in tactics for those who manage Human Resources. It is now pertinent to devise strategies to develop the working population by educating them and developing their technological skills so that they can contribute to the ...view middle of the document...

But how does an HR firm or manager actually go about successfully leading workers to a place where they are able to confidently proffer their services to companies eager to employ? Likewise, what does it take to guide a company to a position in which it can be ready to hire the right talent at the right time?
Finding leaders
The failure of good leadership in the management of human capital is one of the primary causes of bad employment processes, sagging profit margins and, potentially, the overall failure of a company. In today's competitive and dynamic labor market, it is vitally important for HCM to focus extensively on the strengthening and development of excellent leadership skills. All too often programs designed to develop and improve employee capabilities are destined to fail for one simple reason – they lack the backing of a strong leadership team. That is why it is crucial to set up a proactive leadership team , developing a roster of professionals with advanced leadership skills. A number of Indian companies too have been complaining about not getting adequate team work, innovative capability and Leadership qualities even in Best B schools graduates. Kind of soft skills needed to keep organization ticking to demand of dynamics of markets.
If a company's management is unsure how to begin, it will be wise to pay close attention to the skills that really do pay off. One of the most valued leadership skills in the HR industry is trust building. If Human Capital Management cannot deliver on promises it has made, both its corporate base as well as its labor pool will quickly slip away. One US Company, for instance, recruited a large number of programmers from a developing country. Dreaming to work for a U.S. company they gladly committed to the training courses provided, assuming there would be work for them after they were finished. Unfortunately, by the end of the training courses the company could only support half of positions sought by these potential workers, brutally dismaying those left behind. While the number eventually employed was still enormous by industry standards, the company lost out by the amount of negative press received.
Many companies fail by inadequately training their employees, leaving them once they are sent to work and generating a higher than expected employee turnover rate while reducing fiscal profitability. This is caused by employees being left with a sense of distrustfulness towards their employer, something that is extremely important to prevent (Issues of building Employee loyalty and emotional bond with the supervisor(s).
Development strategy
While there are several issues involved, one of the advantageous aspects of having a dynamic and changing labor pool is the availability of large number of younger, tech-savvy recruits who are, more likely than not, more susceptible to be influenced by charismatic leaders who fit with their ambition and role model. Thus leading upfront and creating a kind of...

Other assignments on Team Building

Week 1 Essay

1698 words - 7 pages copy in doc sharing for team review) | NOTE FOR WEEK 8: If the assigned person places the updated component in the template each week after grades are complete, you will be building the final project. If everything works out with the updates, the only thing to do in week 8 review the contents, format the document for consistency and professionalism and you’ll be ready for submission. V. TIPS FOR CONFLICT MANAGEMENT RECOMMENDATIONS

Hoosier's Film Adaptation Od Essay

906 words - 4 pages common goal were important to the success of the team.  The coach worked on team building and team development. They already had certain roles which the town expected them to play; they even advised the coach to play a certain defense at a gathering. They were telling him how to do his job and he knew from the start that he would have to “break them down and build them back up” as he said. There was a lack of structure which he created by


1587 words - 7 pages definition, however, is referring to effective work teams, and not to just any team. In our case, the construction company named Habos has been assigned a new project dealing with building a new mall in the subsidiaries of Athens. As it is understood, the project is a big one and the success of it can lead to great profit for our company. Due to the vast needs that the projects needs the company had decided to create an entire group that will has

The Gantt Chart

1014 words - 5 pages Charts are still used today is because they are visuals and provide a structured visual aid/presentation for the visual learning, moreover, the Gantt provides organization, this is because a good visual representation would lead to better organization. In theory a Gantt Chart would be a great organizational tool for a team in the forming and storming stages of the team building process. My team structured the our Gantt Chart in the shape of a pyramid

Team Dynamics

7122 words - 29 pages very often heard many leadership coursesoften speaking on the importance of the team building events and not the group buildingevents. According to John David (2002-2005), some of the differences which can be categorized between the terms team and the group are as follows: The strength of the team relies on the fact that the members of a team have similarities in the purpose and there is interconnectivity between the individual members and on the

Virtual Team

657 words - 3 pages KATZENBACH AND SMITH THEORY: ( From talking with hundreds of people in more than fifty teams in thirty companies ) DEFINITION OF TEAM: A team is a small number of people with complementary skills who are committed to a common purpose , set of performance goals and approach for which they hold themselves mutually accountable . 1. Teamwork represents a set of values that encourages listening and responding constructively to view espressed

Cce Case

2296 words - 10 pages his members feel about their work vague, referring to generalities, and usually assuming how his team members feel about their work, as if he had never consulted them for more accurate accounts. Chip’s style is to delegate work without considering abilities and skills, and criticizing more than building. Chip also appears overly conscious with how he presents himself and his team’s work to management, specifically asking to not divulge


271 words - 2 pages : RL Wolfe’s Corpus Christi plant was under performing at 80% to 82% of design capacity and management wants to run the plant at 95% or more of plant capacity (Garvin & Collins, 2009). Opportunity: The Corpus Christi plant can increase the annual production by building relationships between employees, modifying job description and improving the moral of the employees. Recommendations: Employee needs lot of training in team skills

Competitive Advantage

629 words - 3 pages dealt with a team of building professionals as a young architect on a building project. I lacked experience and most of the builders were experienced seasoned professionals. The team of different professionals had different views that led to bickering and time wasting. My inexperience led me to give too much respect to the other professionals and instead of providing a strong and credible voice in interpreting our drawings I led from behind

Career Development Plan Part 2

1514 words - 7 pages mentoring program will be for our new sales team to work together as a team to improve customer satisfaction by building long-term relationships. After this program the sales team will also be aware of ways to keep current with industry products and regulations in order to effectively teach our prospective clients as well. This program will offer new strategic sales strategies in order to expand Intercleans clientele, and maintain current customers


957 words - 4 pages year. This has made some teams less dominant and essentially guaranteeing there would be a different mix in the playoff picture every year. Some teams, however, are still able to win year after year even with the cap, mostly based on building a team around one talented player, bringing out the best in those individuals who may not have been able to shine around an entire team of mediocre players. This year’s cap in the NFL is $123 million, with

Similar Documents

Team Building Essay

1479 words - 6 pages BUILDING A DYNAMIC TEAM ESTABLISH AN AGREEMENT FOR SUCCESS Included with this Participant workbook are the following guidebooks, published by Richard Chang Associates, Inc. • Building A Dynamic Team • Measuring Team Performance Establishing teams is not a cure-all success formula for organizations. Teams will be successful only to the extent that they have a clear purpose, apply elements of high performance teamwork, and can

Team Building Essay

837 words - 4 pages There are 7 dimensions represent the team effectiveness which are mutual performance monitoring, adaptability, backup behaviour, team orientation, shared mental models, trust, and closed loop communication. Each of the dimensions is playing a really important role in determining the process and performance of the team. I am in group 7 in class A for the case competition. For the mock case competition in Team Building class, we designed an

Riordan Manufacturing Team Building And Conflict Management

1244 words - 5 pages Riordan Manufacturing Team Building and Conflict Management MGT/311 October 28, 2013 George Beaini Riordan Manufacturing Team Building and Conflict Management Riordan Manufacturing is working to launch CardiCare Valve heart valves and in doing so is designing a new team to proceed with the product launch. The company is looking to use many current employees along with some new hires to build the team needed to manufacture this new

Groups And Teams Essay

761 words - 4 pages together for the same goals despite his or her differences. This also builds cohesion within the group or team, and loyalty to their company. Team-building activities help unite a diverse workforce. Sports such as a company softball or a bowling team provide the opportunity for employees to interact with each other. This is an excellent team-building technique. A company cook-out is another social interaction activity outside of the office, and