HRVCOS-Assignment Brief Jan 2020
HRVCOS-Assignment Brief Jan 2020
HRVCOS-Assignment Brief Jan 2020
Assignment Brief
Submission Format
Also, please follow the normal report structure (cover page, executive summary,
table of contents, introduction, main body, conclusion and recommendation and
References) .
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Unit Learning Outcomes
ARM Holdings PLC has a diverse global workforce. Its 2,050 employees work a
30 sites in 15 countries. Employees come from a wide range of backgrounds from ov
nationalities. ARM is a knowledge intensive business focused on innovation. This
innovation comes from the whole business and not just its research and developmen
ARM therefore relies on its people to achieve this innovation. Its HR strategy is focu
global learning and development, talent management and appropriate reward system
order to develop and retain the skills and expertise its people need to create innovati
solutions. This will enable the business to achieve its business strategy of providing
sustained returns for shareholders and employees.
Engaging employees
Due to the technical nature of the business, the organisation is constantly changing a
technologies advance. Managing change effectively requires employee engagement.
describes engagement as ‘commitment to the job, manager, team and organisation w
drives effort and intent to stay, resulting in improved performance and retention’.
Connecting and collaborating with others enables them to develop practical solution
problems. Ensuring high levels of motivation amongst its employees is integral to A
HR strategy. Teamwork is of vital importance within this innovative environment.
Motivation
By understanding what motivates individuals it is possible to create an efficient wor
It also helps to ensure that employees are happy at work. This in turn will create sati
employees, who will work with more enthusiasm and focus on the goals of the
organisation.
Considering ARM’s description of how engagement can drive performance, this me
that, if more of these employees were engaged, the organisations could expect to im
performance.
Benefits of motivating people
Motivating people benefits not just the individual. It also provides significant benefi
the business. A series of values help to underpin ARM’s approach to motivation. Th
include respecting and involving others, being proactive and adopting a ‘can-do’ app
to solving problems. For example, ARM employees work in teams within which the
encouraged to communicate openly and honestly and act on behalf of the business. T
are also encouraged to produce solutions to problems. This all helps not just the busi
but also their personal development.
By working as a team, ARM’s engineers are able to develop the highest performanc
lowest power chips in the world which have long battery life whilst enjoying ever gr
functionality. The team not only draws on the expertise of each individual but also w
with internal customers, such as sales and marketing. They also have direct contact w
customers to ensure they get the product they want. This is all about collaborating to
novel products.
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Motivation within HR strategy
ARM demonstrates how it gains employee engagement through the various elements of its
HR strategy of global team working:
Buying into and sharing common values supports a collaborative approach to
innovation.
Sharing knowledge helps to develop relationships and networks within the business
and leads to the creation of new ideas.
Developing talent through training to acquire or improve expertise benefits
individuals but also helps to ensure ARM will have key skills despite global
shortages in some areas.
Providing opportunities for individuals to grow into new roles also supports
succession planning for future leadership.
Various reward systems, including equity in the company, recognise individual and
team effort.
ARM provides employees with opportunities to fulfil higher order needs such as those of
esteem and self-actualisation through challenging and interesting work. Engaging
employees in change programmes and providing solutions enables them to contribute to the
direction of the business. The responsibilities associated with this helps individuals to fulfil
their potential in a creative way, providing them with the opportunity for developing self
esteem.
Talent management
ARM takes a ‘self-betterment’ approach to talent management. For example, its people can
take up opportunities for on-demand e-learning as and when it suits or going on
international assignments to test and develop new skills. Employees therefore take
responsibility for their own jobs and are constantly involved in improvement and change.
This enables individuals to build their self-esteem and realise their full potential. This
process is known as self-actualisation. ARM employees are involved at all levels within the
business, thinking and acting for the good of the company. This in turn helps employees to
feel good about themselves as they can see and evaluate the contribution that they make.
Teamwork
Teamwork within ARM provides employees with the social opportunity to share
knowledge and ideas across the organisation. An example of this includes engineering
conferences where groups of between 50 and 200 engineers meet to share their latest ideas
and inventions. It also enables them to contribute to innovation and this helps them to see
how their ideas influence processes and products.
Central to effective team working is the need for open and honest communication. ARM
has an ‘open door’ policy where employees can go to senior managers at any time with
questions or issues. This supports the focus on information and knowledge sharing. Safety
and physiological needs are addressed through such factors as a good working environment
and competitive pay. ARM encourages its employees to work hard. However, it also wants
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them to have fun. For example, ARM’s people frequently take part in team events such as
marathons or team bike rides.
ARM employees are intrinsically motivated. They are expected to understand a range of
different fields. They are also expected to be flexible and creative using advancements in
technology to deliver changes to the complex environment in which the business operates
in. For example, various forms of communication, including video conferencing help
employees from different parts of the world to share their ideas in a way that engages them
in everyday problems and issues.
ARM uses employee engagement as a key tool in motivation. This is a satisfier as
employees develop a genuine attachment to the teams in which they work. A variety of
other satisfiers are used at ARM,such as employees receiving shares in the company as
well as bonuses based on how well the business as a whole is doing. The aim is for
employees to act and feel like owners of the business. These also help them to be
recognised for their contribution.
Developing people
Managers have responsibility for motivating individuals and their teams. Important
elements of this include:
Communicating and explaining the ARM vision, values and strategy to all team
members so everyone is working to the same level.
Providing appropriate training and induction for new employees as well as
coaching for all in order to develop skills, confidence and self-reliance.
Carrying out one-to-one meetings and employee reviews to assess performance and
set personal and team objectives.
Putting in place succession planning for the team and manager roles to ensure long
term performance.
Personal development is a key HR strategy at ARM. Regular reviews encourage
individuals to reflect upon the contributions that they make whilst providing feedback and
support that enables them to develop their professional capability.
ARM’s HR strategy places great importance on employee engagement to create a
motivated team. This is vital given the innovative and highly skilled nature of the business.
Through placing emphasis on training and development, open communication channels
and a fun approach, ARM has created a productive and committed global workforce.
https://businesscasestudies.co.uk/motivation-within-an-innovative-work-environment/