Hrm Bmw vs Toyota

12086 Words49 Pages
Human Recourses Management BMW vs Toyota Alina Shakina Table of contents 1. Introduction 2. BMW Company portrait 3. History of BMW 4. HRM of BMW 5. Analysis and design of work 6. Investment in Recruitment 7. Qualifications 8. Training and Development 9. Compensations 10. Pension Fund 11. Additional benefits 12. Health Management 13. Work Environment 14. Retirement Models 15. Conclusion 16. Toyota. Introduction 17. Background 18. Toyota Production Analysis 19. Toyota Model of HRM 20. The world biggest car recall in 16 years. 21. Weak HR BMW Introduction All companies and organizations are governed by their basic goals and objectives. These objectives are often regarded to as the “corporate vision” or “corporate philosophy” (Pynes, 2004). Thus, certain strategies are being implemented with the aim of achieving these goals and objectives, and this constitutes a key element in the characterization of a company or organization. Personnel are undoubtedly an important indicator in determining the characteristics of a company or organization. It is a well known fact that human resources play a crucial role towards differentiation and a potent source of competitiveness for any organization or company. Therefore, any organization must constantly invest in human resource development even during periods of recession. However, the determination of the extent to which an organization can invest in terms of human resources development depends on the financial capabilities of the company or organization (Mathis, 2006). Finances will also be carefully considered in determining the target for training and development, because it should jive with the basic
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