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HRM Consultancy Report - BancRoyale Amsterdam

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HRM Consultancy Report - BancRoyale Amsterdam
HRM Consultancy Report - BancRoyale Amsterdam
Section 1: Organisational change scenario analysis
Section 2: Analysis of organizational solutions
Section 3: Conclusion
SECTION 1- Organisational Change Analysis
In a survey undertaken by PWC of customers and outsourcing service providers cut across different advanced countries, over 80% customers noted that outsourcing activities delivered targeted gains provided for in the original business case. By implication therefore, it can be said that outsourcing and offshoring in the case of Bancroyale is a basic part of organizational strategy in a bid to maintain competitive advantage and staying ahead of other organizations. The need to outsource certain business processes by organizations over the years have been attributed to the recession that hit hard on world economies and businesses, it is also borne out of the need to reduce and contain costs while maximizing benefits and increased efficiency. As we speak and in coming years, process enhancement and productivity as well as governance, risk and security are other needs to be met by business process outsourcing. It is a trend that continues to emerge over time.
Business processes such as IT and payroll management is of the essence to be outsourced due to their dynamic nature for the former and better efficiency in management by 3rd parties for the latter. Studies have shown that about 50% of clients are discouraged from outsourcing due to a lack of experience by service providers and their inability to justify the costs against benefits and therefore provided a justification for preference for in-house employees over 3rd parties while some companies do not have the skills to manage outsourcing activities and the service providers. Some are of the opinion that they require to put their house in order before outsourcing certain business processes.
Banc Royale Amsterdam known and popular for superior and friendly customer service has taken steps to outsource



References: Aguinis, H. (2009),”Performance Management (2nd ed.)” Upper Saddle River, NJ: Pearson Prentice Hall. Aguinis H. & Pierce Charles A (2007), “Enhancing the relevance of organizational behavior by embracing performance management research”, Journal of Organisational Behavior Bacharach, S Baron, R.A. (1983), “ Behaviour in Organizations”,. New York: Allyn & Bacon, Inc. Bergiel B Centre for Strategy & Evaluation Services (October 2003) - INDICATORS TO MEASURE THE COSTS EFFECTIVENESS OF DIVERSITY POLICIES IN ENTREPRISES- FINAL REPORT Dawson Mark J Equality and Diversity – Policy and Procedures http://www.grundon.com/PDFs/dutyOfCare/Equality%20Diversity%20Policy%20Procedure%20-%20Jun09.pdf (Accessed 1st July 2013) Gandz J Heller R, A. Laurito, Kurt J., M.Martin, Fitzpatrick R. & K. Sundin(2010), “Global Teams: Trends, Challenges and Solutions”, Cornell Center for Advanced Human Resource Studies, New York. Kaufman, B. (2010), ‘‘SHRM Theory in the Post-Huselid Era: Why It is Fundamentally Mis-Specified’, Industrial Relations, 49 (2): 292. Knouse Stephen B Maslow, A (1954). Motivation and personality. New York, NY: Harper. Rahul, V., (2012),”Characteristics of a good team”[Online]. Available from (http://characteristicsofagoodteam.blogspot.com/2012) Ryan R.M & Edward L Sankar R. (2010),”Managing people in a changing world- key trends in human capital, the global perspective”, PWC Saratoga, Shawn M Symons, J., & C. Stenzel, (2007) ‘ Virtually Borderless: An Examination of Culture in Virtual Teaming’, Journal of General Management, 32 (3) pp.1-17

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