HRM- BMW Essay Example | Topics and Well Written Essays - 250 words

HRM- BMW - Essay ExampleBMWs move shows that management is not the lone representative of a business it is bigger than that- thither are lessons to be learned and given from and by everyone involved. A cohesive business is a successful one, and a company can only be cohesive when all levels of employees believe that they can speak up and make a difference. The much people who can get involved in the process, the more it will be an accurate reflection of the company and communitys true set of standards and complementary goals. 3 I believe that both employees and managers would trust the new policy is fair. The only potential obstacle may be that employees or the public might see the move as a metrical response to media pressure due to recent corporate scandals involving inflated executive bonuses. However, as the case states, BMW has been discussing its compensation practices for months, and claims its announcement has nothing to do with a bigger debate about public accountability of executives (BusinessWeek, 2011). The linked bonus program shows a link between management and employees in the company, and an expansion of vertical chat that will, I believe, make the line workers feel more valued and responsible, thus increasing their productivity as well as their company loyalty. REFERENCE BusinessWeek brass (2011).