Claflin University Porters Generic Strategy Analysis

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Claflin University

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Assume for this assignment that you are being highly considered for a director-level HR management position for a best-in-class national retailer. You are in the final phase of the interview process and must respond to the interview panel regarding specific questions and scenarios that will help them determine if you are a good fit for the new role. The company’s culture is centered on the effective development of strategy, plans, and selection criteria aimed at building and sustaining a competitive and profitable organization. It will be extremely important that you respond with a strategic mindset in order to convince the organization you are able to help them ensure the execution of the business strategy. 

Write a paper in which you:

  • Analyze different types of strategies (cost leadership, differentiation, and focus/niche) and select which one you would deem more appropriate for an “efficiency-minded” retail organization and explain your rationale. How would the selected strategy ultimately affect how HR does its job? 
  • Examine the four (4) approaches to job design/redesign and provide an example (not a definition) of each. Then, make a case to the interviewing panel on the importance of effective job design applications in supporting the overall strategic goals of the organization. 
  • Consider challenges and constraints associated with recruiting workers and identify and discuss at least two (2) issues. What advice would you give to ease your selected issues? Be specific. 
  • List and describe 2–3 candidate selection process ideas that might add value and overall effectiveness to the process. HINT: http://www.selectinternational.com/blog/bid/147051/5-Tips-for-Designing-an-Effective-Employee-Selection-System. Also, what problems should HR and management teams avoid during the selection process? 

Explanation & Answer:
6 Pages
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Explanation & Answer

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Running head: HR MANAGEMENT

HR Management
Name:
Institution:
Course Code:

HR MANAGEMENT

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Porter's Generic Strategy

It would be wrong to say that of the three of Porter’s generic strategies, there is a
right one and, consequently, a wrong one. Whether or not either of them is right or wrong, all
boils down to what a business wants to achieve, as well as the business model. These strategies
include cost leadership, differentiation, and focus models.
Cost leadership strategy
With the cost leadership strategy, the company aims to achieve the lowest cost
producer within the industry. The most effective way to arrive at this without making losses is by
taking advantage of economies of scale, where the company is able to produce goods and
services on a large scale and then sell them to customers at fairly low prices. If a company is to
sell products at a market-acceptable price, it would mean that the cost of production will also
have to be minimal. If there is a standard selling price of a good, for example, the company with
the lowest cost of production will have, in theory, the largest profit margin. This strategy is
specifically useful where the products have little to no differentiation, and which are accepted by
the general consumers. At times, companies may discount their products in order to maximize
sales (Mind Tools, 2009).
Differentiation
Businesses that apply this strategy do so to differentiate a small segment of the
target market. This forms a special customer needs segment. Here, there is an opportunity to
provide services or products that are significantly different from other competitors in the market
that may be targeting a wider group of consumers. This means that these products may have new
features, durability, functionality, and support that customers value so much but are not present
in other products. For this strategy to be a success, however, a business needs: to conduct

HR MANAGEMENT

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extensive research and focus on product innovation; to have the ability to offer products and
servi...


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