Beximco Pharma Human Resource management
2.1 COMPANY OVERVIEW 6
2.3 THEIR MISSION 7
2.4 KEY COMPANY INFORMATION 7
3.2 HUMAN RESOURCE MANAGEMENT PROCESS 9
Interview 21
Orientation /induction 21
Follow up 21
Selection 21
5.8 MOTIVATING EMPLOYEES IN BEXIMCO PHARMA: 32
5.9 HEALTH & SAFETY 32
Health Insurance Policy: 32
6.1 RECOMMENDATION: 33
Chapter: 1 Introduction
1.1 EXECUTIVE SUMMARY
Human Resource Management (HRM) is a relatively new concept in Bangladesh. It was a few years ago that this was considered as a part of the administrative functions of an organization. There was no individual identity for HRM. But as time passed people recognized the importance of HRM in organizations. Human organization activity is simply the act of getting people together to accomplish desired goals. Any organization, whether new or old, small or big needs run smoothly and achieve the goals and objectives which it has set forth. The seven functions of HRM are: Planning, Recruiting, Selection, Socialization, Training and Development, Performance Appraisal, Compensation, Labor relation, and Motivation function. For it develops and implements its own Human Resource Management concepts. As such, the basic functions of HRM, broken down into seven different areas, allow for it to handle the strategic, tactical and operational decisions for the organization.
Beximco Pharma (BPL) is a leading manufacturer of pharmaceutical formulations and Active Pharmaceutical Ingredients (APIs) in Bangladesh. It is a leading edge pharmaceutical company based in Bangladesh and is acclaimed for its outstanding product quality, world-class manufacturing facilities, product development capabilities and outstanding professional services. Its strategic strengths include strong recognition of brands, highly skilled work force and diversified business mix. Being a Learning Organization the core essence of Beximco Pharma is its entrepreneurial spirit in every sphere of its management. In this spirit, the tasks of each
2.3 THEIR MISSION 7
2.4 KEY COMPANY INFORMATION 7
3.2 HUMAN RESOURCE MANAGEMENT PROCESS 9
Interview 21
Orientation /induction 21
Follow up 21
Selection 21
5.8 MOTIVATING EMPLOYEES IN BEXIMCO PHARMA: 32
5.9 HEALTH & SAFETY 32
Health Insurance Policy: 32
6.1 RECOMMENDATION: 33
Chapter: 1 Introduction
1.1 EXECUTIVE SUMMARY
Human Resource Management (HRM) is a relatively new concept in Bangladesh. It was a few years ago that this was considered as a part of the administrative functions of an organization. There was no individual identity for HRM. But as time passed people recognized the importance of HRM in organizations. Human organization activity is simply the act of getting people together to accomplish desired goals. Any organization, whether new or old, small or big needs run smoothly and achieve the goals and objectives which it has set forth. The seven functions of HRM are: Planning, Recruiting, Selection, Socialization, Training and Development, Performance Appraisal, Compensation, Labor relation, and Motivation function. For it develops and implements its own Human Resource Management concepts. As such, the basic functions of HRM, broken down into seven different areas, allow for it to handle the strategic, tactical and operational decisions for the organization.
Beximco Pharma (BPL) is a leading manufacturer of pharmaceutical formulations and Active Pharmaceutical Ingredients (APIs) in Bangladesh. It is a leading edge pharmaceutical company based in Bangladesh and is acclaimed for its outstanding product quality, world-class manufacturing facilities, product development capabilities and outstanding professional services. Its strategic strengths include strong recognition of brands, highly skilled work force and diversified business mix. Being a Learning Organization the core essence of Beximco Pharma is its entrepreneurial spirit in every sphere of its management. In this spirit, the tasks of each
Bibliography: http://www.beximco-pharma.com http://financenmoney.wordpress.com/2011/02/07/differences-between-financialaccounting-management-accounting-and-cost-accounting/ en.wikipedia.org/wiki/Beximco http://bddrugs.com/company_profile.php www.bangladeshdir.com/webs/catalog/beximco_group.html Annual Reports: Beximco Pharma 2002, 2007,2008 & Square Pharma 2007