Case (HRM) Company X in Bangladesh is operating in retail industry of selling shoes and bags for the consumer. They have 20 outlets in Dhaka city having 250 employees. Due to COVID-19 crisis the company is going to close 5 unprofitable outlets for which they need to reduce few work force. At the same time few talented and experience employees will also be required who have adequate crisis management skills. Company also called for several meeting to revise the cost structure in order to minimize cost from different activities. As a human resource manager your organization wants you to do the following. Question 1. The company now following traditional HR practices. If they want to practice strategic HR where they need to focus. Prepare a list showing a shift from traditional HR to Strategic HR. Also mention the barriers to implement such Strategic HR practices.  2. Based on your empirical knowledge prepare a crisis plan for the company.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
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Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Case (HRM)

Company X in Bangladesh is operating in retail industry of selling shoes and bags for the
consumer. They have 20 outlets in Dhaka city having 250 employees. Due to COVID-19 crisis the company is going to close 5 unprofitable outlets for which they need to reduce few work force. At the same time few talented and experience employees will also be required who have adequate crisis management skills. Company also called for several meeting to revise the cost structure in order to minimize cost from different activities. As a human resource manager your organization wants you to do the following.

Question

1. The company now following traditional HR practices. If they want to practice strategic
HR where they need to focus. Prepare a list showing a shift from traditional HR to
Strategic HR. Also mention the barriers to implement such Strategic HR
practices. 

2. Based on your empirical knowledge prepare a crisis plan for the company.

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