Anika Holdings provides limited training and career development opportunities for employees. Employees are paid the National minimum wage while managers earn more than the industry average. Anka does not consider environmental factors during day-to-day operations. On this basis Anika Holdings is effectively drawing on the principles of the Harvard model of HRM in managing people. A. True B. False a B

Question

Anika Holdings provides limited training and career development opportunities for employees. Employees are paid the National minimum wage while managers earn more than the industry average. Anka does not consider environmental factors during day-to-day operations. On this basis Anika Holdings is effectively drawing on the principles of the Harvard model of HRM in managing people. A. True B. False a B

Answer 1

The question is based on the understanding of the 'Harvard Model' of HRM. The Harvard model suggests that employees are significant resources and factors that contribute to the competitive advantage of firms. Therefore, the normative premise recommends an upside promotion of human resources which includes training and career development. Alongside, managers' rewards, and acknowledgment of environmental factors are all elements the Harvard model highlights. Anika Holdings is paying its managers above the industry average which could be seen as aligning with the model. But it is limiting the company's potential due to not providing enough training and not considering the environmental impacts. Thus, the principles of the model are partly being utilised and it isn't advisable say that the company is 'effectively' drawing on the model's principles.

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