A Human Resources Report To The Acquisition Board Of XXYY Corporation

XXYY corporation acquired bolshy Slash, a family bon ton that has existed for twenty years. blood-red slash will be oneness of the subsidiaries or associate companies for the XXYY Corporation with the Head office at Santa Clara and many offices all over the world. The bracing acquisition changes the steering structure, with a focus on the unite entitys benevolent resources.INTRODUCTION The holding company XXYY Corporation will control an extra, one hundred members of staff. These immature human resources from cherry-red Slash are butcherly and are just working for the family/ friends business. Human resources for the sore combined XXYY Corporation need to be transformed by utilise strategic approaches. This transformation will be improving the intangible assets or resources, which make up the human capital for the company.The bodyTransforming the human resources serve up using strategic approaches will involve a thorough look for and development program, on the human resources 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 inexpert family members and friends. Human capital need to shake off the necessary knowledge, skills, education and experience to provide entrepreneurial ability, that will form all the other factors of production and improve the Profitability, Earnings per share, Market prise and general returns to the XXYY holding company.A plan to improve the human resources for the combined entity, in particular the new employees from the Red slash subsidiary. Implementation of the plan should be inwardly the first financial or economic year from the date of merging. The unskilled human capital need to be rejuvenated so that they can in effect coordinate with those in the Holding company XXYY corporation and with the, operational, middle management and Top management personnel.Tom G (2003)To transf orm the human resources of Red slash, I will explain the following strategic approachesConducting organization analysis by dint of human resource audits, job analysis and revamping the recruitment and selection demonstrateRevamping refers to the changing or arranging the human capital to achieve the companys success. Human resources in Red slash were not acquired through with(predicate) just and equitable procedures. The acquisition Board of XXYY Corporation should officially construe the employees who are currently holding positions in Red Slash.This kind of human capital does not posses the initial ability, knowledge and skill to work for the combined entity. Retaining this kind of workforce will be to the loss of the company, because revenues will be maximized at high costs huge salaries and wages being gainful to unproductive workforce or human resources. Family people and friends working for Red Slash should be replaced with new employees. Selection procedures should be fa ir and justifiable. The new workforce structure for XXYY Corporation should be composed of only those who have an ability to deliver. Revenues will therefore be maximized at a prosperous cost for the new merger.