Essays on Torrington

Human Resource Management (HRM) refers to the practices and knowledge within an organization that is concerned with the organization’s primary responsibility and employment relations (Redman, & Wilkinson, 2009). As such, it is a discipline that is guided by numerous models that include Guest, Harvard, Warwick, Storey, and Fombrun models. The Guest model developed by David Guest contends that the HR manager is initially presented with specific strategies which then create a need for certain practices within the organization in order to achieve the desired outcome. It bears six aspects that include HRM strategy and practices as well as behavior, ...

Torrington is a perfect strategic fit for Timken because it would make the combined company to be the third largest ball bearing producing company in the world. In addition, the company would experience purchasing synergies that would yield the combined company annual savings of $80 million and the rationalization of the workforce would yield savings of $80 million. Using Timken cost of debt of 7.23%, to discount the free cash flows of Torrington between 1999 and 2007 would result in an estimated value of Torrington to be $598.59 million. The free cash flows add the depreciation expense because it ...

Part 1: Reflect on planning and implementing a structured behavioral job selection interview including reflection on the Observed Skills Exercise practical application of behavioral skills Structured behavioral job interviews assist in investigating candidate’s future by assessing his/her past performance. The purpose of conducting structured based interview questions is to assess whether the candidate has desired qualities or not. The interview processes enable to get to know knowledge, skills and abilities of a candidate, which helps the interviewer to select the right candidate for the right position. In the structured behavioral interview questions, the questions are formulated on the ...

How does Torrington fit with the Timken Company?

Since both Torrington and Timken company operates in similar business line and industry, the acquisition of Torrington will be a great fit into Timken as the latter’s management will be able to take advantage of the resources owned by Torrington. Moreover, as stated in the case details, both companies have only 5% overlap in product offering, but the customer list overlap by 80%. Therefore, a single company will be able to create better value for its customers.

What are the expected synergies?

Since Torrington and Timken operate in similar business lines of automotives and industrial bearings, the acquisition will result in some synergies ...

Introduction

The whole report is all about the employer verses the employees’ expectations in the current labor market. The main purpose o this report is to light some of the employer’s expectations in accordance with the organizational structure and also review the changing employees’ expectations in the current labor markets. The report is structured to have three sections in the main body after the introductions which are; the employers’ expectations in accordance with the organizational structure, the changing employees’ expectations in the current labor market and also how these expectations differ from one company set up to another. ...