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Abhishek Mishra IHRM ASIMCO Assignment

Abhishek Mishra IHRM ASIMCO Assignment

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Published by: Abhishek Mishra on Feb 19, 2012
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11/28/2012

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1.Kindly write the brief synopsis of thecase in your words?Ans.
 
ASIMCO Technologies Limited was founded in1994. The Company supplies competitively priced highquality products to both the China and globalautomotive markets.With Headquarters in Beijing, ASIMCO Technologiesmakes a wide range of products, including fuel injectionsystems, a wide range of power train, chassiscomponents, rotating electrics and NVH products. Withmore demanding and strict government requirement onfuel economy, emission standard and safety and thedeep understanding of China market, ASIMCO gives thehighest priority to new product development and alsoupgrades its product profile. Therefore, ASIMCOstrengthens the research and development in fuelsystems which common rail included, expanded powercylinder components (pistons and piston rings),stop/start starters applied to hybrid electric vehicle,iron block machining capability, air managementsystems which twin-cylinder air compressors included,engine exhaust after treatment, and engine brakingsystems.At initial time company face lots of problem related tomanagement issues,
At initial foreign investors gets limited China’shuman capital.
Political issues
Corrupted Chinese managers To be succeeding in China ASIMCO model is adopted by
 
company as follow:
Restructuring:
deal with power struggles,effective use of operating control Relation withpolitical parties
Growing talent from within:
Create unique management culture
Create new vision: with 3 component – Corevalues, Core purposes & Goals.
Development & implementation omanagement tools:
Incentive compensation: Reward according toincrease equity
Quarterly general managers meeting
 Training
Performance management
 The leadership development programme(Acceleration group)
Commitment & Trust
2.What are the IHRM Issues thatASIMCO is facing?Ans.
Political skills, rather than management skills,were honed in these SOEs.
 They were neither trained to marketproducts nor exposed to competitivepractices in the global marketplace.
 
 These managers had wide discretion inrunning firms and were more willing totake risks.
ASIMCO had negative experiences with theseentrepreneurs.
 Those managers whose only experiencewas with a SOE tended to be highlybureaucratic, while managers of privatelyowned companies tended to be uncontrollablyentrepreneurial and wereless loyal.
3.Can the ASIMCO model be adopted byall MNC companies? Kindly support youranswer with reasons.Ans.
 
 This ASIMCO model is different than the US, UK or Japan. ASIOMCO model is only for to develop in China.Some of the factors can be adopted by other MNC. If wetalk about other MNC companies in China which haveadopted this model shows speed up in localizationprocess.
Learning from ASIMCO model mainly is
Competitive advantages of group
System of fast tracking future leadership

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