Problem
Your approach to all three questions should be critically evaluated considering the trends and challenges HCL Technologies are facing in today's global environment. If you think that some information has not been provided so that you can successfully answer questions, please make assumptions and identify them when providing explanations.
In your executive summary, provide an overview of the organization and the purpose of your paper. You must also write a summary and concluding remarks about your recommendations for HCL Technologies. Justify your findings.
I. To develop a new strategy, cultivate a business model, and generate a strong internal culture should HCL Technologies continue to promote its "Employee First, Customer Second" policy. Explain your position, including any changes you are suggesting and timelines.
II. Out of several models explained in your textbook, use the Baron and Kreps (1999) model, and apply it to the case.
III. The world is changing. HCL Technologies will need to address the global HR trends and consider how these trends will impact its HR strategies. Therefore, explain what the company should do related to the following.
1) Explain how and why they can change the existing performance method of 360-degree feedback and introduce a new and different performance evaluation method.
2) Explain how and why to eliminate bonuses and pay employees their full salary (8 marks).