Summarized the study case in two paragraphs and give your thoughts.... Wolfgang Hansen has been recruited as a HR manager at Healthcare. Wolfgang holds a master's degree in International Management from the University of Hamburg. During his studies he has participated in a study$-$abroad program, spending a year in London.He has specialized in Human Resource Management and Compensation Strategies. Wolfgang's initial assignment upon graduation was in the HR department of a medium$-$sized German technical company.However, he missed the international dimension in this job and decided to pursue an executive MBA with a transnational orientation in order to prepare for this ideal career. His first job after having completed his transnational MBA program was at Healthcare.For one year Wolfgang has been with Healthcare, beginning as an HR manager. Three months ago heTABLE $1$ Key data on the Healthcare Groupwas placed in charge of global compensation poli$-$cies, with the newly created title of 'Personalreferent f$$r globale Verg$$tungsstrategien$\text{'}.$ His first project is reviewing existing policies and practices. He has been asked to make a series of recommendations on further co$-$ordination of global pay systems at the next meeting of the Board of Directors in Frankfurt in January.Preparing for the board meeting, Wolfgang reviews a series of documents such as recent annual reports, the Leadership Competency Set, the new Global Performance Management System and firm$-$internal strategic documents on the development of the corporate and HRM strategies.Each document set has been placed in its own folder. These six folders contain the following items:Folder one: The Healthcare Group In $2016,$ Healthcare again had a very successful year and reached records for key financial ratios $($see Table $1).$Thus, the firm was well prepared for reaching new ambitious targets for $2017.$ The Healthcare Group's very positive business development is based on the sustained growth of their top products in all$-$important markets $($see Table $2).$ Both the strategic reorientation and the improvement in operational efficiency have Folder two: Personnel structure of the Healthcare GroupThe Healthcare Group has employed $32,185$ people worldwide as of $31$ December $2016,$ which is an increase of more than $10$ per cent compared to the previous year $(28,854).$ The number of employees working for the headquarters of Healthcare has increased by $232$ and now accounts for roughly $33$ per cent of the Group's worldwide personnel, while the number of employees worldwide has increased by $3331$ employees $($see to the growth of their business. Healthcare's aim is to create a solid base in order to further improve the company's profitability by optimizing the cost structure.Folder three: The Leadership Competency Set of the Healthcare Group The corporate Leadership Competency Set defines the critical competencies managers need to possess to master the future challenges of the Healthcare Group. has been developed based on an analysis of the of the Healthcare Group in order to foster open business needs and by asking key players and HR communication and advance the goals and people in nearly all locations of the company world$-$ business wide for their contributions. It is the basis for all HR impact and influence: influences others to gain practices and policies and is intended to ensure con$-$ their support for driving the Healthcare Group's sistency across businesses and locations. It com$-$ strategy and goals forward and enters conflicts if prises business$-$related competencies, people$-$related necessary. competencies, and personal competencies. Business$-$related competencies include: Personal competencies include: achievement orientation: sets and works towards business understanding: demonstrates an achieving challenging business objectives and understanding of the implications of the targets and delivers outstanding results for the Healthcare Group's strategies, industry Healthcare Group dynamics, market trends, the competitive innovation and change: identifies the need for environment, and one's function$/$profession in change and generates novel ideas to create or the accomplishment of business objectives improve processes, systems or products, and builds commitment to change analytical thinking: approaches situations by identifying the best information available and decision$-$making: makes sound, timely, and cou$-$ systematically assessing it for meaning and rageous decisions while balancing the risks and impact benefits to the Healthcare Group.