Importance Of Human Resources Management In Pfizer And Human Resource Management

Decent Essays
1. What is the importance of Human Resource Management in Pfizer?

Human Resource Management is pivotal to achieve business results, as per the top management of Pfizer.

The HR team focuses on Mergers and acquisition and divestiture planning models.
Pfizer has a global HR team that aids in integration and subsequent implementation of plans.

The HR policy of PFIZER is “INVESTMENT IN PEOPLE”

• To draw the finest talent
• Build a retaining atmosphere
• Investment in development

The values upheld by Pfizer are
• Honesty
• Respect
• Customer focus
• Teamwork
• Leadership
• Presentation
• Service to the community
Human Resource Management plays a significant role in mergers and integrations
 When Pfizer acquired Warner-lambert in 2000

• The
…show more content…
What are the human resources forecasting methods used by the company?

The business plan of the organization, any technological trends, socio-economic trends, and government policies influence the forecast.

3. What are the biggest challenges faced by Pfizer in Human Resource Planning?

• Reduction in time and costs in training new hires
• Hold heritage content developed in-house and from third-parties
• Reduce onsite training costs to reach a large and highly dispersed workforce
• Remove fruitless wait periods for new hires
• Facilitate new hire’s training in local market

4. Role Description and Responsibilities

 Job identification
Talent Acquisition Lead

 Job summary
To be able recruit finest candidates across various divisions and business units within the organization
Also ensure that,
The hired candidate can create “Talent Pipelines” by creating strategic sourcing techniques and has the ability to manage multiple projects
…show more content…
5. How does Pfizer drive culture, engage talent and build the next generation of talent?

• The focus for 2015 is building the next-generation of talent. One of pfizer’s key focuses in 2015 is to become a talent hub within the South East Asian Regions.

• Pfizer has a one of its kind culture called OWN IT! it involves simulation of owning the business as your own. Pfizer gives the candidates a stage to take calculated risk, to deliver on their commitments on time, alongside cultivating a culture of reliance and respect.

• Pfizer has its own Sports Club which encourages employee engagement through various sports activities after work such as badminton, bowling. There are various clubs run by employees.

• Pfizer is developing its next generation of talents by divulging them to handle different markets to enrich their own working experiences.

• One way of employee engagement is to enable them to deal with pfizer’s regional teams across functions. This provides a good platform for exchange of

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