Human Resource Management

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Presentation transcript:

Human Resource Management

Human Resource Management CASE STUDY (20 Marks) In 2008, Trico Homes (Trico), a family owned real estate and construction company cofounded by entrepreneur Wayne Chiu (Chiu)in 1989, was ranked among the top ten on the list of 'Great places to A Canadian Family owned Business' Unique Corporate Culture* by the Great Places to work in Canada' for the third year in a row. It had also been consistently ranked as one of the Canada's 50 Best Managed Companies since 2003.

The company contended that its business success coupled with the recognition that it had received reflected the strong corporate culture that it had developed under the leadership of Chiu who wanted to create a legacy business. In May 2008, Trico Homes (Trico), a family owned real estate and construction company located in Calgary, Alberta, Canada, was ranked #8 on the list of 'great places to work in Canada' by the Great Places to Work Institute Inc. (GPWII)...

Answer the following question. Q1. What, according to you, is the role played by the CEO of the company in setting up a unique culture in the organization? Q2. What is a "legacy" business? What steps should an entrepreneur take to create a legacy business? Q3. Give an overview of the case.