This HR plan is designed for my current place of employment, Telstra Health. In our business ‘we aim to be the technology provider of choice for the Australian healthcare sector, empowering provider and payers to find better ways to serve patients in a connected world’ (Telstra Health, 2017).
Our offering is wide and varied, ‘we provide software applications, open platforms and data security services to the pharmacy, hospital, primary, diagnostic, Indigenous health and aged, disability and community care sectors in Australia as well as Government and insurance companies’ (Telstra Health, 2017) .
I work within the hospital business unit, which focuses on both the private and public hospital setting within Australia.
As discussed in (Kramar,
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Many large multinational companies are making a real play in the emerging Health technology market.
Our business unit is preparing for global growth, with our first international deal closing in New Zealand. Several of the major challenges we face are balancing ‘business as usual’ with preparing for international expansion (including hiring internationally, sourcing new offices) and preparing staff for potential re-deployment. Although I agree with the approach discussed in (Kramar, et al., 2014), in which finding local nationals is a more viable option.
As a business, we are still in our infancy with establishing practices and processes for staff in other states, let alone internationally. Less than two years ago our business and all staff were based, geographically, in one location. This is no longer the case with staff in different states, locations and time zones, changing the way we work together.
It has also changed the way in which our teams work together, teams are now virtual in time and place. Once big challenge has and will continue to be learning how to manage and get these teams working together
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We employee a more collaborative structure in our business, with teams working closely together on projects, ultimately for the benefit of the customer.
• The challenge of sustainability
Corporate social responsibility is something Telstra Health does well. Our driving vision is make a better-connected healthcare system, for the better of society. We also do a lot of work in the community with respect to diversity and inclusion. There is a high focus on talent management.
• The challenge of attracting and retaining people
Attracting and retaining staff can be quite the challenge, this is an area we invest a significant amount of time in. The Hudson 20/20 report states ‘employees are highlighting a lack of career progression and boredom as their biggest issues. They are looking for different experiences and acknowledging this is crucial not only for attracting new staff but for retaining existing talent.’ (Hudson 20:20 series, Paper on,
Team: One for all and all for one. Working together to be the provider of choice.
U.S. based companies hold rights to most of the world’s rights on new medicines and holds thousands of new products currently being developed. As of 2012, the industry helps support almost 3.4 million jobs in the U.S. economy. It is also one of the most heavily R&D based industries in the world. In the United States, the environment for pharmaceuticals is much friendlier than other countries around the world in terms of pricing ability and regulations. Both the Pharmaceutical and Biotechnology industries have experienced significant growth in the past year with year-over-year increases of 13.02% and 34.69% respectively. It is an even more striking when looking at the past five years considering both have beat out the S&P 500 with pharmaceuticals increasing an additional 31.44% and the biotechnology sector besting an astonishing 269.3% more return than the
Are you a Practice Manager or staff member at a medical practice either working in administration
Along with our skill, experience and expertise we pride ourselves on being a reputable company who produce quality results with professional attitudes.
Recruitment and training are two essential and unavoidable aspects of multinational firms. International businesses have designed their recruitment policies around either selecting Parent country nationals (PCN) also known as home country nationals; a citizen of the country where the multinational resides, host country nationals (HCN) or local people hired by a multinational or third country nationals. This essay will explain the various factors affecting organisations when recruiting as well as the training procedures adopted by business organisations …
One of the factors, which are also included in our CVS´s mission statement, is to make healthcare accessible and affordable. The market reach of CVS is expanding through a globalized environment. The second of these three pillars of CVS´s corporate social responsibility takes the environmental awareness into account. A reduction in the environmental impact resulting from operations will create an environmentally responsible behavior.
Imagine a connected healthcare interface where your medications are linked to your smartphone, smart pill bottles remind you of when it’s time to take your medications, and prescription medications or surgeries are customized towards your individual genetic and physical needs. This is the future of healthcare - we just have a long way to go before we get there. As you look at startups in the healthtech space - many of them are well on their way to having one piece of the puzzle - AdhereTech with smart wireless pill bottle to TalkSpace with customized online mental health counseling. To create that integrated network I believe the buy-in will need to come from some of the largest healthcare companies currently, such as Johnson & Johnson, Cardinal
Moreover; Telstra objectives are to drive business result and enhance reputation (Telstra, 2015). Telstra used to be a state-owned enterprise; however, it was privatised in 3 stages 1997, 1999 and 2006 and currently its ownership is classified as “Public Company” (Paul Budde, 2006). Telstra key stakeholders are government, customers, employees, investors, media and suppliers. Telstra considers CSR as a values base approach, and they are very active in this regard hence the donation of large money to educate seniors about how to stay connected. (128 Words)
As we move towards the goal of being One Nationwide it is important that we work together as one team and that we demonstrate an above the line behavior when it comes to collaborating, learning new opportunities and managing change that benefits our company and our members.
Despite the company's success with various facets relating to career development such as; creating autonomy through a lifestyle balanced with work and recreation, as well as managerial competency and feedback acknowledgment, the company does lag behind in some areas. One in particular to note is that of employee retention. According to Becky Peterson, an enterprise tech reporter with Business
The technological-health industry has grown amazingly last years and big brand like Apple, Samsung, Tag Heuer are investing strongly to enter into this market.
Telstra has been facing competition since 1990s from all the communication providers including Optus. Anchored deeply into its career planning, corporate social responsibility and sustainability are fundamentals to Telstra's business responsibilities, initiatives and leaderships. For Telstra, sustainability is all about an answerable, authoritative, and a responsible business access that conceives a deep-rooted stakeholder profit by catching into consideration how business works at every magnitude achieves in the social environment, political environment, cultural environment and economic environment. Telstra steadily trusts that its advance and reach in the industry will benefit building a long-term communal value for its suppliers, customers,
Services: caring and responsive in the way an employee provides services to customers and colleagues.
This is an exciting time for our company. As we look to the future, the demand for a more visible and global company are vastly approaching and our company will be a part of this multinational expansion. This guide has been prepared for the employees participating in our first trial run of U. S. Expatriates. Your mission is extremely important. This guide will give instructions on to what is expected during your international assignment. As CEO of the company we want to thank you for your willingness to participate in our global expansion into our new global markets. We have done extensive research and have chosen to start the U. S. Expatriate program in Australia and Singapore. There are multiple benefits for employees who chose to accept this position. Throughout this guide we will identify the benefits, challenges, compensation and travel incentives, as well as rules of conduct in foreign countries. Thank you again for daring to step outside of your comfort zone to be the first participants in our U. S. Expatriate assignment. (Price, 2012)
Face to those options and wide resource, the managers in global enterprises have particular concern about the employees’ ability to disseminate knowledge and innovation throughout their global operations . The use of expatriates has seemed to be a logical choice for staffing, while the use of parent-country nations seems to be most appropriate in some specific situation . Some other global enterprises also prefer integrate the expatriates and local human resource. Nevertheless, each procedure has both advantage and disadvantage.