Reference no: EM133255280
ARM Holdings
ARM Holdings according to its website is 'a truly global company with offices spread around the world'. It was founded in 1990 in Cambridge, UK, which remains its global headquarters; in addition it now has a regional headquarters in Shanghai covering Chinese, Indian, Japanese,
Korean and Taiwanese offices, and another in San Jose covering US offices over five states from the east to the west coast.
The company designs chips for small low-powered devices, such as mobile phones and tablets (including i-Pods and i-Pads). ARM's business strategy is one of partnership, working with a wide range of other companies. It licenses production to manufacturing companies and carries out research and development on behalf of its customers. Also in its partnership collaboration are technology companies which write software or produce products using ARM-designed microprocessors. Sales growth is excellent, and ARM Holdings is the world's leading semiconductor IP company, winning a number of awards as top employer.
Interviewed for People Management, Graham Budd, Chief Operating Officer commented that: 'The value of the company is fundamentally in its people and in the network of relationships that those people have both inside the company and externally' (Arkin 2011: 37). Much HR activity is about connecting people across the global company sites and external partners - across cultures and time zones. The HR strategy is designed to develop an innovative, collaborative environment and focuses on social capital. Bill Parsons, the HR Director, says it is about 'the individual being less important than the network, the network being selfless individuals sharing knowledge to achieve a common vision'(Arkin 2011: 38).
ARM Holdings as an intellectual property company knows its biggest asset is its people and aims to recruit the best intelligent, leading-edge thinkers and release their talent within the company. The culture is collaborative and dynamic and the company has identified seven core values: delivery of results which benefit HRM; teamwork and selflessness; constructive pro-activity; partner and customer focus; responsiveness; innovation; and personal development.
- How doesHR strategy atARM Holdings reflect the three theoretical perspectives on HRstrategy which wehave discussed inthis chapter? Justify your answer
- How would you design and implement HR practices so that they supported the business and HR strategies? Give examples andjustify for each HR practice -include recruitment/selection, development and reward practices as a minimum, but add other relevant practices tothese.
- What special challenges does the global nature of ARM Holdings have in implementing your proposals?
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