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IRHR2270 Introduction to Human Resource Management

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IRHR2270 Introduction to Human Resource Management

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Question:

CEMEX case Study

CEMEX is a multinational corporation with operations in a variety of growth regions specializing in building materials throughout the Americas. Cemex was founded in Mexico in 1906 now with nearly 50,000 employees world wide.

Corporate Governance and Ethics

CEMEX’s commitment to deliver value to their stockholders rests on a clear recognition that as a public company, they are stewards of other people’s money. Thus, CEMEX have adopted stock-based compensation plans that ensure that their managers acquire and retain over time an ownership interest in CEMEX. CEMEX is committed to abide by laws and regulations of every jurisdictions in which they operate. Nonetheless, they recognize that their strict adherence to the law is not enough to run a global organization. Beyond Compliance their commitment to themselves, their investors, and to all stake holders is to manage XEMEX with integrity. Everything we do rests on this foundation.

HR department statement:

CEMEX has a preference for talented employees who can engage with multitasking. The HR department ensures that they have the right people working with the right people. The HR team ensures that there is communication between departments and maintains a top rated work environment. The HR department is full of very effective and efficient employees.

HR Problems at CEMEX:

  • Staff report being overworked making management and control difficult
  • Executives and managers have difficulty juggling multiple positions such as being a general sales manager and HR manager
  • There is reported lack of communication between departments
  • HR employees are reactive rather than proactive due to the workload model.
  • Conflicting roles and job descriptions eg HR practitioners have to perform ad hoc alternate activities and roles as requested.
  • Conflict between members of the HR team

IRHR2270 Introduction to Human Resource Management

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