Question 1: Analyze page 5 and tell me what’s wrong with it.
The HRM practices shown in the text book are still not complete. The first obvious things disappeared from the figure are company’s vision, mission, and objectives. Without them, HRM cannot help the company succeed. Before HRM practices can be started, HRM function has to understand the company’s business and objectives. Also, each step in HRM practices (analysis and design of work, HR planning, recruiting, selection, training and development, compensation, performance management and employee relations) has to align with the company’s strategic plan to meet the company’s objectives. Finally, if there is any people issues occurred, HRM function has to feed back those issues to the top management. This could result in the revised company’s strategic plan to deal with the faced issues. The HRM practices will become more and more effective because of this continuous cycle.
Question 2: Analyze sustainability challenge and compare to my sustainability capital.
These 2 sustainabilities refer to different things. The sustainability challenge in the text book refers to the ability of a company to survive and succeed in a dynamic competitive environment such as meeting needs from stakeholders and changes in economy.
Sustainability capital, one of the 8 K’s Theory of Dr.Chira, refers to the capital that people need to be developed. It means that people have to learn all the time as new knowledge is always occurred.