Essay about Alignment of HRM and Business Strategies

760 Words4 Pages
Alignment of HRM and Business Strategies 1 Introduction Marriott is a universal chain of hotels that is designed to meet various needs and accommodations. The company was founded in 1927, by J. Williard and Alice S. Marriott. Their son, Bill Marriott, Jr. invested many years in developing and nurturing the business into one of today’s Fortune 500 companies. The company has a variety of businesses such as the Residence Inn, Fairfield Inn, Courtyard by Marriott and Marriott Vacation Club International. The common denominator is that for each of these accommodations there is a clear and concise vision. Propose how you would ensure the HR strategy is in alignment with the business strategy. The success for any…show more content…
This position is crucial for the success of the company, because the potential candidates may be future leaders. Analyze how the selected company can establish HRM strategies to improve competitive advantages. According to Bill Conaty who has many years of human resource direction with General Electric, believes that “gaining a decided advantage over the competition starts with attracting the right talent to the organization. He also stated that companies must “invest in executive talent development, assessment, and retention because they’re just as critical to business performance (Noe, Hollenbeck, Gerhart & Wright, 2011). In order to evaluate talented employees, it is significant to have professional development workshops to ensure that all staff is on the same page and have a clear vision of the expectations of the company. Performance appraisals are used to determine if employees have showed exemplary performance and if one should be considered for future management roles. Retention 3 rates gives employees a since of belonging as well as security. Especially in today’s job market, it will attract talented candidates. Propose three (3) ways that the company can increase diversity. Diversity in the workplace is valuable when captivating a variety of employees and customers. This helps individuals to have someone they can relate to. It also opens up a variety of views
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