Siemesn

In: Business and Management

Submitted By ducanh2992
Words 342
Pages 2
Siemens is a 150-year-old German company,but it s not the company it was even a few years ago.Until recently,Siemens focused on producing electrical products.Today the firm has diversified into software,engineering,and services.It is also global, with more than 400,000 employees working in 190 countries.In other words,Siemens became a world leader by pursuing a corporate strategy that emphasized diversifying into high-tech products and services, and doing so on a global basis.
With a corporate strategy like that, human resource management plays a big role at Siemens. Sophisticated engineering and services require more focus on employee selection, training, and compensation than in the average firm, and globalization requires delivering these services globally.S iemens sums up the basic themes of its HR strategy in several points.These include:
1. A living company is a learning company.The high-tech nature of S iemens business means that employees must be able to learn on a continuing basis.S iemens uses its system of combined classroom and hands-on apprentice- ship training around the world to help facilitate this.
It also offers employees extensive continuing education and management development.
2. Global teamwork is the key to developing and using all the potential of the firm s human resources. Because it is so important for employees throughout Siemens to feel free to work together and interact, employees have to understand the whole process, not just bits and pieces. To support this, Siemens provides extensive training and development. It also ensures that all employees feel they re part of a strong, unifying corporate identity. For example, HR uses cross-border, cross-cultural experiences as prerequisites for career advances. 3. A climate of mutual respect is the basis of all relationships within the company and with society.…...

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