HRM strategies to improve competitive advantages
Ford Motors can initiate a revolving fund facility for the employees to borrow and repay the money on reasonable terms. The facility could be launched to encourage specific behaviors in employees such as higher education, and better living standards (Ford Motors, n.d.). The desired behaviors are fostered by granting employees zero-rated funding to finance the specific projects say the master’s degree program. This idea leads to employee satisfaction as it would project the company’s favorable image in the perspectives of the internal and external stakeholders (Chuang et al., 2016). The idea also possesses secondary characteristics, which Ford Motors could base to improve job satisfaction and work motivation statuses of its employees.
Ways that the company can increase diversity
First, the company can lower the education and experience requirements for the disadvantaged individuals and groups like the Muslim immigrants. Second, Ford Motors can devise robust diversity and inclusion programs to lead the successful integration of both the new and existing employees in the system. This aids in onboarding the minority individuals effectively, thus eliminating the turnover of some of the disadvantaged employees (Chuang et al., 2016). Third, the company could develop advanced programs to drive racial and other forms of bias discussions within the organization. The discourse aids to systematically expand the career and personal prospects of some of the disadvantaged groups.
In conclusion, the quest to align the HR strategy with the existing business strategy necessitates an audit of various HR aspects to determine the overall employee sentiments about particular issues. Besides revising the pay structure for its engineers, Ford Motors could perform a survey to ascertain the staff’s perception of the existing work conditions. By acquainting with the current situation, the HR department is empowered with the right tools to initiate a systematic alignment of the employee behaviors with the predetermined business objectives.