What human resource management-related steps did siegel take to help get Tyco back on the right track? Do you think she took the appropriate steps? What, if anything, do you suggest she do now?
Laurie Siegel was recruited from Honeywell international to help rebuild Tyco. Laurie siegel was appointed as the senior vice president of the human resources at Tyco international; she took over the job just after numerous charges forced the company’s previous board of directors and top executives to leave the firm. The following are the related steps seigel took to help get Tyco back on the right track:
1. Effective recruitment and selection process:
Since in Tyco due to the recent account scandal most of its top management and directors were fired, so the first thing Siegel did was to put in a process to attract the best talent in the company. Getting the best talent into the company was challenging, as these recruits intern would be responsible for the future prospects of the company. Siegel was able to hire the best possible people thru an effective recruitment process.
2. Emphasis on Talent development and effective training:
Before Siegel took over no emphasis was given to the talent development and training of the employees.Seigel understood the importance of talent development and training and gave more importance to these departments which was a positive step taken by her. Employees now had an option to get trained and to pursue different carrier options with in the company. This step taken by Siegel showed that the company cared and showed interest towards the development of its employee’s .Siegel created a database of employee skills to make it easier to promote people into other divisions. Creating a database also helped in keeping a track of all the employees and related skills, this helped in better training and development activities.
3. Increasing and recruiting more number of independent auditors:
Siegel did not change the existing ethical