Company X in Bangladesh is operating in banking industry.They have 15 Branches in Dhaka city having 300 employees.The company is going to open 5 new branches outside Dhakacity. Financial technology is continuously changing worldwidewhich makes human resource manager to take tough decisionslike retrenchment of few employees, at the same time, hiringhighly talented and dynamic employees with strong knowledgein IT. Due to huge competition cost reduction is also become aconcern for managers. Company has already called for severalmeeting to revise the cost structure in order to minimize costfrom different activities. As a human resource manager yourorganization wants you to do the following:1. The company now following traditional HR practices. Ifthey want to practice strategic HR where they need tofocus. Prepare a list showing a shift from traditional HR toStrategic HR. Also mention the barriers to implement suchStrategic HR practices.2. Discuss strategy driven role behavior and practices. WhatHR role behavior is expected from the company mentionedin the case?

Note: “Since, it is not clearly mentioned which part of the question need to be answered, I am…

Answered: Company X in Bangladesh is operating in…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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