Management analysis short essay about Nike
Company: Nike
Area of management: Human resources.
Based on the area of management above, prepare the following:
1/ Rationale/description on why your team choose this area of management to focus on
2/ Risk Assessment- what happens if this area of management isn’t improved and why
3/ Best Practice Assessment- what are the peer companies doing well in this area of management (give specifics). The best practices must include references to at least 3 concepts. For example, for Human Resources, you could include: Performance, Compensation, Appraisals, Staffing, and Training/Development.
4/ Recommendation- what actions do you recommend your target company take to improve based on the risk assessment and best practice assessments, what actions does your group recommend the target company take to improve in the selected area of management. Aim for 2-3 recommendations and be as specific as possible.
Solution Preview
Human resource is a department which is given the mandate to be in charge of sourcing and bringing in new employees. This department is the one in charge of hiring and firing employees, payroll, ensuring the company or industry follows and stays in compliance with the put regulations by the authorized bodies (federal and state level).
(745 words)