1. What do you believe are the three key lessons he has learned and what remaining questions do you anticipate that he will include in the report?
During four weeks in Russia Granum was planning to observe and plan out a human resource strategy and the personnel requirements for the venture. The first key lesson is the strategic vision of the preferred employment and labor system for Russia, it was a flexible and legalized labor market with salaries and raising wages. Such a system was linked to improved legal infrastructure, Grunum felt it was necessary to adopt term labor contracts which destroyed the longlife employment systems still formally dominating in Russia. The second key lesson was learned that for Russian staff at multinational companies which maximum gross salary levels salaries varied from $4,500 per month for a brand manager to $1,000 per month for an office manager. In order to strengthen loyalty, multinational companies were developing prospects in one- and two-year career plans. The third key lesson is that the rapid staff turnover, up to 70 percent, as the main operational concern of multinational companies. He mentioned that job-hopping was a problem for HRM. In order to avoid that from happening, the managers have to have leadership, creativity, and the ability to improve, as well as in problem-solving, teamwork and showing initiative. Besides those key points, Grunum also found some of issues in management. The managers were lacking business training, experience in hiring outside services and financial planning, guidance and counseling, involvement with business colleagues and weak collateral positions.
I think the remaining questions that will be in the report would be t ...