Play Human Resource Strategies and the News 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. Team bid: 1 2 3 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 4 5 6 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 7 8 9 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 10 11 12 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
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