HRM Assignment 1 Example | Topics and Well Written Essays - 750 words

HRM 1 - Assignment Example The Tata Consultancy Services management had a very difficult task especially during the recession period as they spent most of their valuable time dealing with legal risks, financial, marketing and production while giving absolutely no consideration to its contingency plan. The absence of the company’s human resource professionals in the company seriously affected Tata Consultancy Services (TCS) business activity and the management came to realize when it was already too late that this was actually a key component in its management strategies. There was high employee turnover which transpired at the time the company least expected and it almost made the entire management to close down its business by retrenching all its employees. A contingency plan was the best possible practice as it could assist the company (Tata) management to define how it would continue or recover its critical functions from the turnover of staff incident. This contingency plan remains very critical since key employees and other members of the entire team remain an integral part and kit of any recovery strategy that Tata Consultancy Services (TCS) has to put together. The contingency plan would in future reassure Tata Consultancy Services (TCS) employees that their jobs remain secure during preparation and implementation of the contingency plan. This remained as the second human resource challenge faced by Tata Consultancy Services (TCS).Tata Consultancy Services however, failed to have an insight of the oncoming recession period that would impose some destruction on its business and so it was vital for the company’s top management to engage the employees by looking into strategies that can enhance the company’s human resource capabilities and sustainability so as to achieve the ultimate objective of the company. This can make the employees to engage and interpret the likely challenges. Tata