Economy of Pakistan at a Glance 4
Siemens at a glance 5
Strategic Analysis of Siemens: 6
Mission Statement 6
Strategic Focus: 6
HR as a strategic business Partner defined by Dave Ulrich 7
Competence Pillar 8
Technical Competence 8
Team Skills 9
Communication Skills 9
Ability to Learn 9
Recruitment and Selection at Siemens 10
Apply online 12
Telephone interview: 12
Face to Face interview: 12
Aptitude Test 12
References and background checks: 12
Background/Probity Checks: 13
Offer & Acceptance 13
Training & Development 13
Performance appraisal: 17
PERFORMANCE APPRAISAL FORM 18
Pay levels: 25
The overall attractiveness and outlook of an economy has a bearing upon the industries working in that economy, and the industries when get integrated on a larger scale influence or represent the economy of that country, Siemens Pakistan provides products and services relating to IT Solutions in diverse businesses from energy to industry and Health sectors, but because the national economy experienced weakening on macroeconomic stability and there have been structural problems like power shortages resulting in discernible slowdown in economic activity, being part of the local industry like other companies, Siemens Pakistan was also hit hard by the domestic economic crisis, political uncertainties, law and order situation etc, the reason for this is that company comes under the cyclical industries that are coincident with the economy, if the economy as a whole performs well such industries would also perform well.
Introduction Pharmaceutical Industry of Pakistan is amongst one of the most organized and scientifically managed industry of Pakistan. Comprising of over 250 manufacturers, 40000 registered chemists, 6000 wholesalers and distributors and around 1500 importers. The sales turnover was $718.00 million in 1997. Multinational Pharmaceutical Companies (M N P C) are 23 in number and still enjoys 60 per ...
Having this as the back ground, our prime focus of this project is to look at management aspects of Siemens Pakistan, how the company is trying to combat this difficult time and our prime area of research is the management of Human Resources/Capital at Siemens Pakistan, it has been observed, that when the company is growing and shows good performance in financial terms employee accountability is not particularly taken care of(off course not always), but as the environment starts to change and numbers get low, more focus starts to shift towards making employees more accountable and the HR issues starts to move to the corporate strategy level issues(as the study of Ford motor company), because if business has to survive then it should involve the people working for the business. Pakistan is going through a hard time, the prime indicator of which is the declining GDP of the country, companies especially those relying on electricity and gas are having trouble.
We know that Siemens is a leading electronics and electrical engineering company, which belongs to the industry that tends to move with the performance of the overall economy, so this the human resource of the company can help to survive in the market, therefore the company should realize that role of human capital is very important now than ever. We are interested to search the HR of the company as a strategic partner defined as the business partner that helps in achieving the strategic goals of the company, but for HR to become the strategic partner there are a number of things that have to be accomplished according to Dave Ulrich. We are taking Siemens Pakistan as our example to look for the specific steps taken by the organization to make HR as the Strategic Partner (Our theme).
Terrorism is not a new phenomenon and the roots of Terrorism in Pakistan are too deep to date back into her evolution since 1947. It simply changed its forms and the terrorists simply replicated their faces. At present the gravest problem that Pakistan is facing is terrorism. It has become a headache for federation and a nightmare for public. Though, it is a global issue but Pakistan has to bear ...
Economy of Pakistan at a Glance
We need to have some insight of the key macro-indicators in order to have a better idea where the economy is moving. Pakistan is the sixth most populous economy of the world with 184 million people living in a total land area of 796095 square kilometer, with roughly 551 people per Mile. More than 65% of its population is living in the rural areas. Pakistan’s GDP per capita is USD $ 1042. In the table below are listed some of the very important indicators of the economy that show the overall health of the economy, GDP growth is the main Coincidence Variable, and we can see that there has been decline in this over a period of time and it is expected that GDP in the coming years will remain low because of the lack of availability of the factors of production including electricity and gas, further more high inflation represents the uncertainty in the economy and makes forecasting much more difficult, unemployment after 2008 is again on the rise the reason for this is the closure of certain industries due to lack of availability of electricity and gas, so it’s natural that those industries that were relying on these resources are going through a hard time, and they have to rely on other means this raises the cost of production and the analysis of exports of Pakistan is the indicative of the fact that its exports are hit badly for same reason and finally due to the overall uncertainty, political upheavals and economic mismanagement in the country Foreign Investment has also reduced which is a further hit to the economy.
Year GDP Growth Core Inflation FDI(Millions) Unemployment
2005 5.8 7.52 3521 8.30 %
2006 6.8 5.94 5139.6 6.60 %
2007 3.7 8.37 5152.8 6.50 %
2008 1.2 17.55 3179.9 5.60 %
2009 4.1 17.83 2150.8 7.40 %
2010 2 11.17 1772 14.00 %
Source: Economic Survey of Pakistan and http://www.indexmundi.com/pakistan/unemployment_rate.html
All the above mentioned facts tell us that doing business in Pakistan has become ever difficult than ever, the uncertainty in the economy makes the planning by businesses very difficult, now to link all of these factors with our subject company Siemens Pakistan which has seen very good times in Pakistan previously, because the economy was growing in recent years, however currently the implications of the above mentioned factors are that not only the competitive forces have their role to play over this company, but in case of Pakistan such types of companies have to critically look through the external influences, every year increasing budget deficit from the government side, result in reduction in the budget allocation to the development projects which then directly influences projects of this company.
The conclusion was that the War not only caused serious damage to the economy, but also to the social fabrics of Pakistan. Obviously, continuity of War will continue to bleed the economy and society of Pakistan. At the start of the War, the cost of it to Pakistan was estimated at $ 2.669 billion in fiscal year 2001-02. This calculation was based on the assumptions that: (i) The War in Afghanistan ...
Siemens at a glance
Siemens has a global presence; the company started its operations more than a century back in 1870 when Werner Von Siemens, founder of Siemens Company made the Indo – European telegraph line between Calcutta & London, since than the company has emerged as the leading technology provider in the global arena and has been positioned among the top 3 electronics and electrical organizations all over the world. It operates in three main sectors: industry, energy and healthcare, Siemens is a huge company and employs more than 450,000 people around the world.
Siemens started its operations in Lahore before Pakistan came into existence in 1922 since then the company has played an active & vital role in the country’s economy. Siemens Pakistan Engineering Company Limited was founded in 1953 and after that it started the production of switch boards in 1957; the company established the second factory for the production of motors and transformers in 1963 and got listed on the stock exchanges in 1978. Siemens enjoys a leading position in Pakistan in the areas of Power Generation, Power Transmission and Distribution, Automation and Control, Industrial and Infrastructure Solutions, Medical Solutions, Transportation and Information Technology Solutions. The IT Solutions and Services Group of Siemens operates across all three fields and is the country’s No. 1 supplier of high-voltage grid stations, switchgear products and systems, power distribution and power transformers, and network consultancy. The most recent prominent projects of the company include complete electrification and lighting of MCB Tower in 2009, complete diagnostic facility for Al-Razi Health center in 2010 and the establishment of power and telecommunication network in Benazir Bhutto Airport in 2010. With a workforce of 1,400 employees, Siemens is one of the most important employers in the country and the largest employer of engineering graduates in the country. Directly and indirectly Siemens provides employment to more than 4000 persons across the country.
ANDY PULLEN BUSINESS ADMINISTRATION 100 EXAMINATION NUMBER TWO Lars this is how you create a business plan. First you have to set the vision, goals, and objectives of your business. The most important driver for almost any business plan is return on investment (ROI). Commonly, when someone starts to write a business plan for the first time you need to determine what is your objective? The ...
Strategic Analysis of Siemens:
The vision is to remain market leader and technology pace setter in the engineering and electronics industry by utilizing the high-tech engineering expertise of the Siemens Group world-wide, and to maintain strong and prominent local presence.
Providing quality to customers at competitive prices, to their complete satisfaction.
Generating earnings sufficient to ensure a secure future for the company and to protect and increase shareholders / stakeholders’ investment.
To enhance creativity and job satisfaction of employees by providing opportunities for personal development, limited only by their own ability and drive.
To contribute to the national economy, whist realizing strong sense of responsibility to society and the environment.
To enhance the investment of customers through human excellence, technology, processes, and high standards of quality and financial strength.
To support and strive for technology transfer to Pakistan through global resources and local presence.
Siemens Pakistan designs, develops, manufactures, markets and provides services of a wide range of technologically advanced products and services which benefit business, industry and society. Quality is an integral part of Siemens mission and strategy and the Customer is a focal point in their thinking and action. Therefore, the focus of the company is to align themselves to the needs and expectations of the Customers in a manner that result in their Satisfaction, Business profitability and Stakeholders benefit.
The strategic focus of Siemens is to compete in innovation that is why they train and groom their workforce accordingly. To maximize flexibility and to create a challenging and rewarding work environment Siemens strives with a proactive management that encourages employees to work with pride, enthusiasm, commitment and high sense of ethical and moral values. Employees have measurable objectives and targets at all functional levels and their results are monitored for continual improvement, accountability and established norms of good Business Conduct.
A. Choose one question among the following questions B. Write Maximum of only 5 pages (type written) including references C. Academic writing style will give you 5 marks. D. You should consult at least six academic references (books and/or published articles) E. Deadline for submission: 15th Februari 2013 1. Select a particular type of business that you may wish to start. a) Carry out the ...
Higher productivity, profitability, accelerated innovations and growth in new markets is the objective of the company wide program. This program maneuvers their corporate culture towards customer orientation, increased efficiency, and competitive strength, optimization of resources and containment of wastage.
HR as a Strategic Business Partner defined by Dave Ulrich
In order to analyze Siemens with reference to Dave Ulrich’s model of HR as strategic business partner, we would like to briefly discuss the article, because as he has said there are some of the challenges that HR professionals should avoid in order to become a strategic partner successfully and to play its role more effectively and efficiently. The HR plans should be aligned with the business plans such that HR should not be placed at the end of the continuum but at the middle of the continuum, HR should not be solely considered as the department of the last resort, but it should have an active role at the middle of the continuum such that it should have the strategy formulation Role where HR should work side by side for the successful implementation of strategy, So the HR professionals should be involved in the decision making and also understand the business issues and foster the system thinking and ensure the succession planning.
Ulrich provides the Framework for the organization diagnosis with the following steps.
1-Create the organization architecture
2-Create the assessment process
Considering the first requirement of the organization architecture, we are only concerned with four main pillars; regarding how these pillars work at Siemens, to decide whether HR of Siemens plays a strategic role or not, the pillars include.
1-Competence Pillar (Knowledge, Skills and Abilities (KSA) set)
2-Consequence Pillar (PMS, appraisals etc)
Strategic management is a systematic approach of analyzing, planning and implementing the strategy in an organization to ensure a continued success. Strategic management is a long term procedure which helps the organization in achieving a long term goal and its overall responsibility lies with the general management team. It focuses on building a solid foundation that will be subsequently achieved ...
3-Workprocesses/change for capacity Pillar (process, change)
4-Leadreship Pillar (shaping and communicating the behavior)
We will now consider each of the pillars in detail to look how each of these pillars are working and contributing for Siemens.