Case Study: Human ResourceManagement

Background: You have been appointed HR Director in a fast-paced and dynamic financial technology start up based in UAE (the company was started last year and now has 20 employees, but is growing fast). The company is striving to build and maintain a competitive advantage in a rapidly evolvingindustry. You need to ensure that Human Resource Management (HRM) practices align with strategic goals of the start up to ensure effective people management and sustainable success as the company grows.

Scenario: In your role, you face the challenge of creating a HRM framework that not only supports the organization's growth but also addresses variousHR challenges in a multicultural setting. You are responsible for developing and implementing HR practices that foster global- mindedness, ethical behavior, and a diverse work environment.

Assignment: Write a 3500-word assignment that outlines your approach to developing HRM within this start up. In your assignment, address the following key points:

• What your style of leadership will be and why? (PLO1,CLO1)
• The challenges you expect to occur in a growing multicultural organisation and how you will address them (PLO1, PLO1, CLO1)
• How the HR function will be structured within the startup, both now and as the company scales up (PLO2, CLO2)
• How your companywill engage with local and global labour markets to ensure recruitment and retention of the best talent (PLO3, CLO3)
• How you will articulate the importance of human capital to the companys SLT, and how you can evaluate the performance of staff on an individual and strategic basis (PLO4 and 5).