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Human Resource
Strategies and
the News
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Team bid:
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Making the most
efficient use of an
organisation’s
personnel to achieve
it’s objectives
This strategy treats
employees as a
resource, just like any
other.
Diagram showing the
lines of authority and
layers of hierarchy
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Where decision
making is kept firmly
at the top of the
hierarchy
A quantifiable target
in HR terms
Removal of one or
more layers of the
hierarchy
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This type of workforce
allows organisations to
expand or reduce
capacity quickly and
easily
This Formula 1 racing
group announced the
launch of a new road
car to compete with
Ferrari
This strategy views
employees as
valuable assets
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What is the
government set to
allow on TV shows in
the future?
Which mobile phone
networks have
announced plans to
merge?
What company
dismissed a £10bn
takeover bid from
Kraft Foods
Rules of Play
• Objective: To correctly identify as many terms and answers
as possible based upon given definitions and questions
• You will be given 12 questions – read them and then decide
how many you are certain that you know and can identify
• You must then bid to win – the winning contestant is the
one who correctly identifies as many terms and answers as
possible
• However, if you get your ‘bid’ wrong (i.e. you didn't know as
many definitions as you thought!) you will lose the game
(no matter how many you got correct) and the next highest
bid will win
• In the event of a draw, there is a tie break question
Play
Tie Break Question:
Question: In £billion, what was the
UK’s trade deficit for the final quarter
of 2008?
Answer:
Answer: £9.9 billion
Risk Factor Challenge