Hrm a2 vinfast

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Table of Contents

Introduction 4

1 Examine how external and internal factors can affect HRM decision making in relation to organizational development 4

1.1 Organizational development 4

1.2 External factors 4

1.3 Internal factors 6

2 Design a training in order to support continuous professional development 7

2.1 Training need 7

2.2 Explant how this training program improve sustainable organizational performance 7 2.3 Training objective 7

2.4 Training method 7

2.5 Implement the training programs 7

Conclusion 8

References 9

Appendix 11

In today's globalization and worldwide economic integration trend, businesses consistently see training as an advantage, factor, essential, and new driving force for supporting the company's success As an HR officer, the following report will help the company grow holistically and bring out the finest potential The creativity of each individual adds to the success of any firm Training programs for marketing personnel The report is divided into two sections: external and internal elements that influence HRM decision making in VinFast, and a training to enable continual professional growth

in VinFast

1 Examine how external and internal factors can affect HRM decision making in relation to organizational development

1.1 Organizational development

Organizational development is a fundamental and science-based process that assists organizations in establishing, enhancing, and reinforcing strategies, structures, and processes in order to increase their ability to change and achieve better effectiveness (Erik van Vulpen, 2019)

1.2 External factors

- Globalization

Globalization has a huge influence on human resource development and management VinFast considered a wide variety of practical adaptations in order to hire, train, retain, and support a workforce that is frequently dispersed across many nations with various cultural identities Human Resources departments had modified their ideas and methods to account for cultural variances, international rules, and technology advances (Natter, 2013)

- Legislation

When it comes to employment law or intellectual property law, legislation in business has an impact on HR decision making Labor law is the apparent area in which

HR staff is extensively concerned It is the HR team's responsibility to stay current with

employment law discussions and, more importantly, legislative revisions to employment law (Sesame HR, 2021)

According to article 4 Principles of employment, Law No: 38/2013/QH13, employees have the right to work, freely choose jobs and workplaces, equality in

employment opportunities and incomes and working under safe and hygienic conditions (thuvienphapluat.vn, 2013) VinFast open for recruitment with many attractive job opportunities and ensure a safety workplace for employees

Employee pay at VinFast have been stable in the range of 7.5 to 10 million VND per month, excluding additional income Engineers' monthly wages ranging from $10 million to $60 million (Vinfastauto.eu, 2022) VinFast's pay enforcement approach adheres to Vietnamese legislation VinFast ensures that employee compensation criteria are followed in compliance with Chapter VI, Article 90 Wages are defined in The Labor Code 2019 as "a monetary amount paid by an employer to a worker under an agreement

to perform work, including remuneration based on the work or position as well as wage allowances and additional payments" and "remuneration based on the work or position shall not be lower than the minimum wage" (Molisa.gov.vn, 2019)

VinFast's reward system was in accordance with Vietnamese reward legislation, according to chapter VI, article 104 Bonuses in Labor Code 2019: “A bonus is a

monetary amount, asset or other type of benefit provided by an employer to reward workers based on production or business outcomes or the performance of the workers” VinFast provides several various types of rewards for each sort of success for employees with an average pay of one to three months (Glassdoor, 2022)

- Technology

Technological development may have a significant influence on VinFast's HR department It enables the corporation to strengthen its internal processes, key

capabilities, relevant markets, and overall organizational structure VinFast has a policy

of hiring highly competent technical professionals from universities and collections around the country every year Training programs for operating machinery and equipment used in the manufacture of electric vehicles Furthermore, VinFast has used expertise digital conversions along with the capacity to simulate, process, and operate goods to assist engineers in designing multi-dimensional and efficient automobile parts many times more than in previous years Engineers and experts are currently working to

enhance the quality of VinFast's product (Vinfastauto.eu, 2017)

1.3 Internal factors

- Leadership style:

Leadership is one of the most important factors in increasing a company's

performance It is thought that the type of leadership style used in a company affects its overall performance (Akparep, Jengre and Mogre, 2019) There are 4 style of leadership: dictatorial, autocratic, democratic and laisser-faire All 4 of them have different way to lead and use in different situation

Democratic leadership style is the most used style in VinFast VinFast encourage employees at all levels to exercise power and leadership in the workplace, regardless of their position within a company Its strength is the desire for honest and helpful input, as well as the readiness to be responsive to comments that may contradict the leader's desires and values The democratic leader develops a culture of innovation and creativity that ultimately supports organizational success by inviting new ideas and viewpoints

- Organization culture:

The set of beliefs, expectations, and practices that guide and shape the activities of all team members is known as organizational culture Consider it a set of characteristics that define a corporation A great corporate culture displays good characteristics that contribute to enhanced performance, whereas a dysfunctional company culture brings out characteristics that can stymie even the most successful firms (Wong, 2020)

As an organization, especially one with a strong organizational culture,

organizational culture might limit a manager's choice to make decisions for managing his

or her management function Because corporate culture establishes the rules for what individuals should and should not do

VinFast's organization culture is Consensus & Values These are the beliefs, values, and philosophies that are agreed upon by the Board of Directors And the aspiration towards top-down communication It includes vision, mission and 6 core value of

VinFast (Bravo, 2021)

- Motivation

VinFast offers a distinctive reward system for employees that finish their workload effectively and obtain a favorable outcome VinFast offers personalized treatment such as presents for birthdays, holidays, Tet, and other occasions Every year, the corporation also conducts extra-curricular activities and events to boost the working spirits of its

2 Design a training in order to support continuous professional development

2.1 Training need

VinFast created the "Recruiting skills" training to help new applicants and staff in the organization It will provide newcomers with the necessary information and tools to achieve the company's objectives

2.2 Explant how this training program improve sustainable organizational performance Workplace procedures and tactics at VinFast will be enhanced as a result of training More information, skills, and talents will be supplied to both new and past employees And the training program on "Recruiting Skills" is regarded as the most appropriate It can assist

businesses in improving performance and increasing workplace results

2.3 Training objective

The goals of this course are to increase the business's competitive advantage in the market, to promote the company's image, to master recruiting steps and skills, to equip

candidates with skills to plan and strategize for recruitment campaigns, to analyze, track, and evaluate results and similar

2.4 Training method

The method used in this training is the mix of classroom method, role playing and

training games First, the trainer provides knowledge about the training course, the required document and steps needed for recruitment documents and process After that, staffs will try to represent an interview to demonstrate how an interview should be At the end of the course, trainer will set up a game to train staffs memory and also to remind them about what they have learned

2.5 Implement the training programs

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Conclusion

The aforementioned report will assist management in understanding the value of training new staff and its significance to the entire firm Training new workers will make it easier for them to access the job and comprehend the professional information required to do the job in the future When training is successful, it helps to increase job productivity and company success

Akparep, J.Y., Jengre, E and Mogre, A.A (2019) The Influence of Leadership Style on

Organizational Performance at TumaKavi Development Association, Tamale, Northern

Region of Ghana Open Journal of Leadership, [online] 08(01), pp.1–22

doi:10.4236/ojl.2019.81001

Bravo (2021) Nét đặc trưng trong văn hóa doanh nghiệp VinGroup [online] Available at:

https://nhansudoanhnghiep.com/net-dac-trung-trong-van-hoa-doanh-nghiep-vingroup/ [Accessed 18 Dec 2022]

Erik van Vulpen (2019) What is Organizational Development? A Complete Guide [online]

AIHR Available at: https://www.aihr.com/blog/organizational-development/ [Accessed

17 Dec 2022]

Glassdoor (2022) How Much Does VinFast Pay in 2023? (24 Salaries) [online] Available at:

https://www.glassdoor.com/Salary/VinFast-Salaries-E3010950.htm [Accessed 3 Jan 2023]

Kashishworld.com (2019) Importance of Labour Laws in Business Growth [online] Available

at: https://www.kashishworld.com/blog/importance-of-labour-laws-in-business-growth/ [Accessed 18 Dec 2022]

Molisa.gov.vn (2019) The Viet Nam Labour Code 2019 [online] Available at:

http://boluatlaodong2019.molisa.gov.vn/lang_en/topic/viet_nam_labour_code/index [Accessed 3 Jan 2023]

Natter, E (2013) Effects of Globalization on Human Resources Management [online] Small

Business - Chron.com Available at:

https://smallbusiness.chron.com/effects-globalization-human-resources-management-61611.html [Accessed 17 Dec 2022]

papeditor (2020) Impact of Information Technology on Human Resource Management [online]

Profiles Asia Pacific Available at:

https://www.profilesasiapacific.com/2020/01/21/information-technology-hrm/#:~:text=Technological%20advancement%20can%20have%20a,strategic

%20objectives%20of%20the%20organization [Accessed 3 Jan 2023]

Peregrine Global Services (2021) Which Leadership Style is Best? - Peregrine Global Services.

[online] Available at:

https://peregrineglobal.com/which-leadership-style/#:~:text=Democratic%20leadership%20is%20one%20of,of%20ownership%20in

%20their%20work [Accessed 18 Dec 2022]

Sesame HR (2021) How does HR law affect Human Resource Management? [online] Available

at:

https://www.sesamehr.com/blog/how-does-hr-law-affect-human-resource-management/ [Accessed 17 Dec 2022]

thuvienphapluat.vn (2013) Luật việc làm năm 2013 số 38/2013/QH13 [online]

Thuvienphapluat.vn Available at: https://thuvienphapluat.vn/van-ban/Lao-dong-Tien-luong/Luat-viec-lam-nam-2013-215628.aspx [Accessed 18 Dec 2022]

Vinfastauto.eu (2017) Story | VinFast [online] Available at: https://vinfastauto.eu/en/story

[Accessed 3 Jan 2023]

Vinfastauto.eu (2022) Vacancies | VinFast [online] Available at:

https://vinfastauto.eu/en/careers [Accessed 3 Jan 2023]

Wong, K (2020) Organizational culture: Definition, importance, and development [online]

Achievers Available at:

https://www.achievers.com/blog/organizational-culture-definition/ [Accessed 18 Dec 2022]

Appendix