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Compose a 500 words essay on HR Practices: Strategic Challenges. Needs to be plagiarism free!The HR practices of Netflix raise questions related to the needs and potentials of training and development
Compose a 500 words essay on HR Practices: Strategic Challenges. Needs to be plagiarism free!
The HR practices of Netflix raise questions related to the needs and potentials of training and development. According to the leadership notions being applied in Netflix, training, and development strategies are often much cost expensive as well as time-consuming, which also fails to guarantee long-term productivity from the employees. While this particular HR practice might help the company to avoid potential risks of no return from training costs, it also limits the organization’s efficiency in ensuring that organizational objectives are adequately communicable to the workforce. It also increases risks of workplace conflicts due to the excessively centralized decision-making technique of Netflix (Wiseman & Hunt, 2013). Having learning and development practices integrated to HR policies helps to raise the working standards and creating a positive relationship between the employees and the company, which is currently being ignored by Netflix (Mayo, 2004. Mabey et.al 1998). Contextually, Focus on recruiting only ‘A’ players might increase the short-run productivity for the company, but retaining these employees shall demand continuous assessment of its business model to facilitate them with adequate growth prospects besides reducing the percentage of available human resources for the company. Netflix should not overlook the advantages of traditional HR practices those emphasize learning and development on a continuous basis (McCord, 2014).