Question

Purpose: The purpose of this exercise is to provide practice in identifying and applying the basic concepts of human resource management by illustrating how managers use these techniques in their day-to-day jobs. Required

Understanding: Be thoroughly familiar with the material in this chapter, and with at least one or two episodes of CNBC’s The Profit with Marcus Lemonis www.tv.com/shows/the-profit/watch/. (Access a library of past episodes at URLs such as www.cnbc.com/live-tv/the-profit) How to Set Up the Exercise/Instructions: Divide the class into teams of several students.

Read this: As you may know by watching billionaire Marcus Lemonis as he works with actual small businesses in which he’s taken an ownership share, human resource management often plays an important role in what he and the business owners and managers need to do to be successful. For example, at Grafton Furniture, a lack of clarity about who does what (a lack of up-to-date job descriptions) leads to inadequate supervision of some ongoing orders and to lower profit margins. Questions also arise at Grafton about, for instance, the effectiveness of the training that some managers (including the owner’s son) have received.

Watch several of these shows (or reruns of the shows), and then meet with your team and answer the following questions:

1-12. What specific Human Relations functions (recruiting, interviewing, training, and so on) can you identify Mr. Lemonis addressing on this show? Make sure to give specific examples based on the show.

1-13. What specific Human Relations functions can you identify as being problematical in this company? Again, please give specific answers.

1-14. In terms of Human Relations functions (such as recruiting, selection, interviewing, compensating, ­appraising, and so on) what exactly would you recommend doing to improve this company’s peformance?

Answer 1

1. . Recruiting, interviewing, with, applicant assessment, choice, and end are the conspicuous capacities that Donald Trump utilizes all through the arrangement. Understudies will give explicit precedents identified with the scene they select. Test understudies to assess whether Donald Trump viably used these practices in the models they refer to, and why or why not.

2. . Precedents may incorporate group pioneers utilizing human asset methodologies, arranging work needs, choosing work applicants, preparing and creating colleagues, creating remuneration models, assessing execution, building responsibility, usage of superior work framework ideas, recognizing and announcing measurements or scorecards.

3.Encourage understudies to distinguish explicitly what was done successfully in the model they refer to from a HR viewpoint, and how that would be seen in a genuine authoritative setting. There are blended perspectives on the adequacy of both Trump's and the group chiefs' methodology and the execution of human asset works regarding "best practice." Many faultfinders have proposed that if what was depicted on the show were done in "this present reality," the results would be claims and huge dollars spread out both in immediate and backhanded expenses. Have understudies ponder this thought and encourage exchange on what both "The Donald" and group pioneers could have accomplished all the more adequately from a human asset point of view in the precedents refered to.