this is inevitably a significant challenge, made all the more complex in siemens case due to the disparate nature of the firm’s hr systems around the globe. “it was about having the right people for the right job,” recalls marion horstmann, corporate vice president of hr, “and linking employment strategy with global business strategy.” at the same time that this re-evaluation of hr strategy was taking place, siemens was undergoing a strategic it transformation to rightsize its it organisation and streamline major parts of the services organisation. targets can be related to the business targets.” as this it transformation was rolled out, a critical component was the implementation of various corporate departmental initiatives such as ‘one hr’ and ‘one finance’.
faster time to value through the cloudsourcing a global hr solution meant it working closely with the hr team to identify specific needs and potential providers. if successful, it will be further evidence that saas is suitable for large, broad and complex talent management suite deployments,” commented james hollinheck of research house gartner when the partnership between siemens and successfactors was announced. employee data is now transparently shared across the entire organisation in a standardised format, meaning that internal candidates across all global locations can be compared like-for-like, and key skills identified.
the approach to people management is one of a kind and its components, which include encouragement of talent optimization, teamwork, and performance management, substantiate its importance. by appraising employees and setting goals, siemens can easily promote the level of performance that individuals undertake themselves as well as in teams. with the understanding on the essence of shifting from individuals to team focus, the company undertakes effective talent management programs and creates a culture that encourages its employees to optimize their talents. when employees working in siemens receive the recognition from the company, a feeling of respect and value develops within them and the willingness to deliver the best for the company increases. the environment created by the company facilitates innovation and development of new ideas that are useful in achievement of company’s progress.
the appropriateness of the innovative methods used by siemens is considerable. according to benowitz, the behavioral management theory outlines that human resources are very important and their management determines the growth of a company (17). the talent management handbook: creating organizational excellence by identifying, developing, and promoting your best people. quality and performance excellence: management, organization, and strategy. this is ivypanda’s free database of academic paper samples.
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