HRM Essay Example | Topics and Well Written Essays - 3500 words

HRM - analyse Examplebe followed by giving a brief outline of downsizing and reward management, precept and outcomes of implementing the two concepts in the automobile persistence today. A detailed explanation of these basic concepts will withal be outlined in an attempt to give a definition for easier understanding of these two concepts. This scratch attempts to outline the rule of implementing such strategies supported by empirical evidence from the automobile sector establish on researches conducted before on the sector. Different researches will be analysed in order to ascertain the rationale of embarking on such practices. This section will then be followed by comments on the relation in the midst of HRM and performance, productivity as well as the importance of combining such practices to achieve greater outcomes in the operations of human resources management in the automobile industry. A critical analysis of the application of both concepts to the automobile industry w ill be drawn in conclusion to sum up the military strength of implementing such kind of strategies in the automobile industry during the contemporary period.From the beginning of the year 2008, the automotive industry witnessed some major changes that affected the whole sector. Whilst South American as well as Asiatic countries witnessed a major add-on in the sales of automotives, the markets in Japan and North America were dead(prenominal) (simplyglobal n.d). Research has also shown that the transport system based on the use of cars is highly unsustainable in the vista of government bodies advocating the minimisation of the harmful effects of the increasing automobiles which emit dangerous greenhouse gasses that are evil to the environment.The year 2008 also witnessed a global downturn of the economy which saw a rapid increase in the prices of oil. This saw a shift in consumer buying behaviour where they in fact favourite(a) to use public transport (Simplyglobal n.d). America was hard hit as the large trucks such as SUV