One of the organization’s strategy that is directly related to an established HR policy, program or
practice that our company applied included restructuring the company to ensure that it becomes
profitable again. This was when the company was facing hard financial times. The management
decided to come up with a raft of measures that were aimed at making sure that the company
goes back to profitability. Some of the measures that were proposed included the retrenchment of
some employees to reduce the wage bill and reduce the expenditure that the company has to
make daily. The strategy was important and successful because it enabled the company to get rid
of the underperforming employees and retain the ones that were performing better and in so
doing, the performance of the organization was improved for the benefit of the society. The
other strategy that was adopted by the company is to ensure diversification in the workforce. The
management resoled that it was time for the company to ensure that there was diversity in the
workplace. Diversity in the workplace played an important role in the success of the company.
The company was able to get different ideas from different employees that made the tasks to be
completed in time and in the best way possible. The diversification was also important because
it led to the development of the new product lines that were important in improving the
performance in the market. The raft of the strategies that the company came up with has enabled
the organization to be very competitive in the market able to compete with some of the so-called
big brands in society. The company has also controlled the supply and the distribution channels
and made sure that new employees have been hired to help in making sure that the clients have
access to the products and services on time.
Mello, J. A. (2014). Strategic human resource management. Nelson Education.