More handpicked essays just for you.
Essay on major diversity issues that human resources managers must deal with
Principals of workforce diversity management
Principals of workforce diversity management
Don’t take our word for it - see why 10 million students trust us with their essay needs.
The sales context:
A colleague suggested to you to add yoga as part of the company benefits. You are interested in learning more about the details, as it is an increasing trend for Bombardier’s employees to go for yoga classes outside of work hours. To make Bombardier a better place to work in, yoga classes seems like a good direction to invest in.
Your company, its markets and its products
You are the head of Human Resources in Bombardier and you are in the midst of strategizing benefits to make Bombardier a more attractive company for talents to work in. With the change in time, Bombardier is looking to attract a larger pool of young talents, and retain talents in the company.
As part of the commercial aerospace industry, the global market
…show more content…
for Commercial Aircraft Leasing is projected to reach US $314.8 billion by 2020, encouraged largely by the healthy outlook for the world commercial aerospace industry (Global Industry Analysis). According to ICAO, in the next 20 years, airlines will add 25,000 new aircraft to the current 17,000-strong commercial fleet. By 2026, 480,000 technicians will be needed to maintain these aircraft and over 350,000 pilots to fly them. More critically, it is also expected that a large contingent of the current generation of aviation professionals will retire, while aviation continues to compete with other industries for highly skilled professionals. In today’s fast-moving global context, the need to nurture diverse talent is critical to success for the commercial aviation industry to stay agile and ahead.
In a traditionally male and strongly aviation-industry experienced industry, there is a need to grow talent across gender, geographies, cultures and cross-industries. CEOs and HR Heads need to rethink their people strategy and implement holistic talent management if they are to attract, develop, and retain the best and …show more content…
brightest. On top of the need to recruit and retain the cream of the crop, Bombardier is also looking towards upholding its brand image, and thus has begun strengthening image through CSR. Therefore, Bombardier tries as much as possible, to incorporate CSR into its daily activities, engage in community programs and work with ethical partners. What you know about the ensō yoga salesperson and her company: Your knowledge of yoga is limited, but you do hear quite a bit from your colleagues when they speak about it in the pantry. As the Bombardier office is situated in downtown Montreal, your colleagues often attend yoga classes in studios nearby. You heard that ensō yoga is uniquely different from other studios, as they often have novel initiatives such as the ensō trade for yoga (http://ensoyoga.ca/tradeforyoga/). The welfare benefits in Bombardier: The welfare benefits in Bombardier is defined in 2 pension plans, where i) benefits payable from the basic plan correspond to 2% of average base salary in the three continuous years of service during which the NEOs are paid their highest salary (up to the maximum earnings according to the Income Tax Act (Canada) which for 2015 is $140,945 Cdn) multiplied by the number of years of credited service and ii) the supplemental plan provides for additional benefits of 2.5% of average base salary, multiplied by the number of years of credited service (up to 40) less the pension payable from the basic plan.
As for additional benefits, most of the benefits are only limited to the higher executives. The objective of Bombardier is to provide pension, benefits and perquisites at the median of the market. Benefit plans for executives are, as a general rule, similar to those of non-unionized employees, except however that higher limits would apply to life insurance, long-term disability, medical services and dental care
coverage. Therefore, Bombardier is looking at diversifying the benefit scheme to ensure that they have a holistic talent management program in the company that appeals to the talents. Needs of Bombardier: Some prerequisites that you look for in an employee benefit program are: • Activity that can cater to a significant number of employees • Activity that can help to improve alertness and productivity at work • Flexible plan to cater to different schedules of employees • Cost of activity, whether the budget is large enough for the yoga program Your meeting with the ensō yoga sales representative: Although yoga seems like a suitable benefit to implement, there are other similar benefits such as gym memberships that are equally popular amongst your colleagues. Essentially, the goal of the first meeting is for you to know more about ensō yoga and what plans they have that will cater specifically to Bombardier employees, and if this is a viable option to implement in Bombardier.
The optimal scenario of the AHA would be to have a differentiated workforce that would consist of identifying "A" players and "A" positions throughout the organization where wealth or value is created to contribute to the bottom line of generating the billion-dollar goal by 2010 and placing those players in all positions throughout the organization. However, the reality is that the best action for the AHA due to budgetary and time constraints is to make strategic investments in the workforce that will have high impact and drive desired results by putting the right people in the right places and not the right people everywhere. The AHA did this by creating a new talent framework driven by eight operational goals to help build the foundation for how they will identify their "A" players and positions for strategic investment. The objecti...
Yoga is a discipline with a scientific background that was developed over 2000 years ago. In this system of self-development the restless mind is calmed and energy is placed into constructive channels. It is not a religion as some people may be led to believe. It is a philosophy of life. The lessons learned are just as relevant today as they were when they were first created, still keeping the main principle that before you can train your mind to reach a higher consciousness you must first discipline your body. Yoga's popularity is largely due to its wide range of benefits, including therapeutic effects, muscle toning, energy increasing and concentration of the mind.
It is clear that Bombardier has a strategic issue besides the financial one. Focusing on the CSeries, led to cede its No. 1 market position as a business aircraft leader to Gulfstream as Bombardier’s late response to Gulfstream’s G650, And because of the lacking development funds, Bombardier’s competing Global 7000/8000 will not enter service until 2016-17. This has left Gulfstream with a generous four or five years alone in business aviation’s most profitable segment. Bombardier halted recently the Learjet 85, citing “weak market demand” at a time when interest in smaller business jets is poised for growth.
Yoga and Meditation being used as a form of physical therapy has been going on for thousands of years. We, the western society, have picked this up and created a yoga boom doing researches with results showing that it can improve physical health.
The product of Bikram yoga has undergone some negative press in the last decade due to the actions of the founder Bikram Choudury. First of all Bikram franchised his yoga: doing to “yoga what McDonald’s did to food” by trying to copyright his posture sequence and demanding brand loyalty and sameness to his franchised studios (The Economist, 2004). On the one hand, Bikram has arguably trained more yoga students than any other type of
Firstly, Bombardier is a responsible company for the environment. I think it is suituated in the second hightest position, ethical responsibilities. Bombardier has made a great contribution
In this paper we will look at Bombardier’s history, its Board and how that board is structured and populated, and its interactions the Executive. We will also evaluate the make of board committees and the responsibilities of these committees. As we examine the functions and functionality of the board we will also consider the role external auditors play and Bombardier’s ethics culture and the role of the Board and CEO within that culture.
Bombardier under its promise statement “The evolution of mobility” brings the idea to create better ways to move people around the world in a more sustainable way where Bombardier desires to be a good corporate citizen (Bombardier, 2007 & Bombardier, 2017). However, Bombardier aligned its promise statement with the creation’ shareholder value where they seek not only to improve its profitability but as well as to convert its income in cash flow too (Bombardier, 2016). Thus, Bombardier developed all its strategy by determining the goals and objectivities that are connected to both their stakeholders, shareholder, and their own needs and wants in three pillars: health & safety, environment, and employees (Bombardier, 2017).
This qualitative case study is an approach to research how yoga can affect the human mind in a positive way and lead to a healthy lifestyle using 2 sources one being a book called The Science Of Yoga: The Risks and the Rewards by William J. Broad 2012. And the other being a private interview with a 22 year old male Yogi. This ensures that the issue is not getting explored through one side, but rather a variety of sides which allows for different inputs to be reveled and understood. There are two key approaches that help determine if yoga helps affect the human mind in a positive way. One flourished by William J. Broad (2012) which explores different factors on how yoga contributes to a healthy lifestyle and interviews fellow yogis who give there insight on the matter. And the second being a personal webcam interview conducted by the researcher ...
Yoga, a form of physical activity, is rapidly gaining popularity and has lots of health benefits. Yoga programs determine the effect of yoga interventions on the common risk factors of chronic health problems like overweight, hypertension, high glucose level and high cholesterol).(Yang, 2007)
The talent management is defined by the Five STAR program where managers “begin a process of cascading, aligning, and translating these imperatives into clear goals and SMART (specific, measurable, attainable, realistic, and timely) objectives that relate specifically to each of the five STAR points” (NCHL). The programs institutes and refines goals, stipulates accountability and heighten company objectives correlating with each employee’s potentials. The principles of the succession planning and talent management strategy are to review and assess key talents to foster innovation and advancement in their careers.
This quote shows the relationship as a whole between yoga and the benefits it brings into one’s life. Yoga is enjoyable, relaxing, and very beneficial. It eases tension in the body and mind, and helps one to have a more positive outlook on life. No matter which style of yoga one chooses, there will be some sort of benefit. One should keep in mind to pay attention to their breath, to monitor their feelings and try to be as relaxed as possible to comfort the relationship between the mind and body.
Now more than ever, we see people dwell and become curious in the practice of yoga. Many people view yoga as a way to exercise, while others see it as a way to be at one with themselves. Although these two things are valid, what people tend to overlook and fail to learn is the reason as to why it was created. Within the Hindu religion, yoga was created to unite the human spirit with the God who lies concealed within us. (Smith 27)
In recent times, Human Resource Professional has faced a growing number of challenges in responding to the needs of the contemporary workforce and attempting to win “The War for Talent”. These include globalisation, increasing workplace diversity, technological change and an aging workforce among others. This essay will attempt to show that the three most pressing concerns the Human Resources Professional faces today in satisfying the needs of the contemporary workforce are those, of addressing skill gaps, ensuring employee wellbeing and adapting to increased workplace diversity. Companies will need, to address these three areas; in order to become “Employers of Choice”, meet the needs of their employees and achieve their Strategic Human Resource objectives and ultimately succeed in “The War for Talent”.
The benefits of yoga are endless. It affects the human mind and body in a variety of ways. Roughly 15 million Americans practice yoga, annually there is an expected increase of twenty percent in participants in the United States ("Yoga Statistics"). While Yoga is often thought of as a practice that involves circus-like poses and seemingly impossible flexibility, it is not. Even bedridden patients can gain benefit from imagining themselves going through the poses and practicing breathing techniques that are appropriate to them (Dickenson 24-25).