Lufthansa Strategy.
Title: Lufthansa Strategy.
Category: /Science & Technology/Physics
Details: Words: 1240 | Pages: 5 (approximately 235 words/page)
Lufthansa Strategy.
Category: /Science & Technology/Physics
Details: Words: 1240 | Pages: 5 (approximately 235 words/page)
INTERNAL
Human Resource Management is one of crucial internal factors. If Lufthansa wants to perform in a global way successfully, they have, firstly, to alter their HR strategy along with different cultures or retain some of their own culture and history. In this case, HRM systems in Lufthansa will be illustrated in terms of Hagan's HRM theory, which embodied job design, staffing issues, training and development as well as rewards systems.
I. Job design: The
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was forging to have partners either through equity investment or alliances with other carriers from different regions which have resembling service levels and complementary skills. They were learning to trust, not because they do but in order to trust. For these strategic alliances, Lufthansa have - Seek better agglomeration economies
- Locate near customers
- Obtain the more spillovers
- Have the possibilities to learn partners' managerial, scientific and financial resources, regardless of their location