A Human Resources Report To The Acquisition Board Of XXYY Corporation

XXYY Corporation acquired Red thresh about, a family troupe that has existed for twenty years. Red slash impart be one(a) of the subsidiaries or associate companies for the XXYY Corporation with the proposition office at Santa Clara and many offices all over the world. The new achievement changes the management structure, with a focal point on the combined entitys human resources.INTRODUCTION The holding association XXYY Corporation will have an extra, one hundred members of staff. These new human resources from Red lather are unskilled and are just running(a) for the family/ friends business. tender resources for the new combined XXYY Corporation need to be transformed by using strategic approaches. This transformation will be improving the intangible assets or resources, which make up the human groovy for the company.The bodyTransforming the human resources function using strategic approaches will involve a thorough research and development program, on the human resource s department. The strengths and weakness of the members of staff in Red Slash need to be, determined and the main focus should be on the main weakness, which relates to the employment of unskilled family members and friends. Human capital need to have the necessary knowledge, skills, education and experience to provide entrepreneurial ability, that will order all the other factors of production and improve the Profitability, Earnings per share, Market value and general returns to the XXYY holding company.A jut to improve the human resources for the combined entity, especially the new employees from the Red slash subsidiary. Implementation of the plan should be within the first financial or economic year from the date of merging. The unskilled human capital need to be rejuvenated so that they can effectively coordinate with those in the Holding company XXYY bay window and with the, operational, middle management and Top management personnel.Tom G (2003)To transform the human resou rces of Red slash, I will explain the following strategic approachesConducting organization abstract through human resource audits, job analysis and revamping the recruitment and selection processRevamping refers to the changing or arranging the human capital to achieve the companys success. Human resources in Red slash were not acquired through just and equitable procedures. The acquisition Board of XXYY Corporation should officially examine the employees who are currently holding positions in Red Slash.This smorgasbord of human capital does not posses the initial ability, knowledge and skill to work for the combined entity. Retaining this kind of work force will be to the loss of the company, because revenues will be maximized at high costs huge salaries and hire being paid to unproductive workforce or human resources. Family people and friends working for Red Slash should be replaced with new employees. Selection procedures should be fair and justifiable. The new workforce str ucture for XXYY Corporation should be composed of only those who have an ability to deliver. Revenues will therefore be maximized at a gilt cost for the new merger.