EVALUATIONUNDERSTANDING THE IMPACT OF HRM ON BUSINESS PERFORMANCE NEED • to justify HRM existence and value of HR function • to demonstrate HR contribution to organizational performance as a strategic partner • To provide insight into the difficulties of measurement • To speak in terms of deliverables Definition-HR evaluation • ‘to determine the value of HR towards organizational goals‚ • BRATTON‘the procedures and processes that measure‚ evaluate and communicate the value added of HRM practices to the organization’
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Evolution of human resources: Began in and around the end of the 18th century‚ when the industrial revolution took place. Its creation was based upon the reaction to the harshness of industrial conditions. Welfare Tradition: Was the first form HRM and in 1833 the factories act stated that there should be male factory inspectors‚ its first act came into effect in 1878 which was to regulate the hours of work for children and women by having a 60 hour week. Industrial relations: Really started
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References: 1. Marie-Joelle Browaeys and Roger Price - Understanding Cross-Cultural Management‚ 2008. ADLER‚ N.‚ and A. GUNDERSEN‚ 2008. International Dimensions of Organisational Behaviour. 5th ed. USA: Thomson Higher Education BROWAEYS‚ M.‚ and R
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2009 ABOUT AUTHORS We are Ammarah Mahmood‚ Samiya Fatima and Shehzania. We have been given a project “RELATIONSHIP B/W INTEREST RATE & INFLATION IN PAKISTAN” to study and analyze that importance of HRM in any Organization and how HR-Managers use HRM methods to create high-performance. We are students of MBA in IQRA University in the year 2009. Presently we are getting through our 4rd semester from IUGC and we are assigned to prepare this report. Every project needs a lot
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assets‚ ultimately its employees. It will outline how the HR will influence and impact the decisions made by management as well as the organisational culture. As these issues are analysed‚ it will outline to the management of Unitel the importance of HRM to their organisation. The report will thereby provide a number of recommendations to resolve these issues to ensure the organisation’s continued success. The presentation of these suggestions will help Unitel to identify any problem areas and thereby
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Evolution of HRM • History – MANAGEMENT – MAN MANAGEMENT • Approaches • Difference in Personnel Management and HR • EXAMPLES OF MANAGEMENT PRACTICES TROUGHTOUT HISTORY • Ancient • Medieval • Modern History Of HRM • Industrial Revolution – Advantages and Disadvantages • Trade Union Era – World War and Post World War • Social Responsibility – Paternalistic Approach • Scientific Management – F. W Taylor – Henry Fayol History Of HRM • Industrial Psychology – Human Factor –
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Q1: What is HRM? the process of defining HRM leads us to two different definitions. The first definition of HRM is that it is the process of managing people in organizations in a structured and thorough manner. This covers the fields of staffing (hiring people)‚ retention of people‚ pay and perks setting and management‚ performance management‚ change management and taking care of exits from the company to round off the activities. The second definition of HRM encompasses the management of people
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Contemporary Management “Dimensions of National Culture (Hofstede)” Assignment no. 1 Dimensions of National Culture We know we are living in a global age. Technology has brought the world much closer together. This means that people of different cultures find themselves working together and communicating more and more. Building connections with people from around the world is just one dimension of cultural diversity. You also have issues like motivating people‚ structuring projects
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| | | |Pathway: HRM (Human Resource Management) | |Student Name: |Chen Tian |Student Number:
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Q1 “HRM POLICIES AND PRINCIPLES DO NOT CONTRIBUTE TO THE EEFFECTIVENSS‚ CONTINUITY AND STABILITY OF THE ORGANIZATION” THIS STATMENT IS WORNG Human Resource Management (HRM) is the term used to describe formal systems devised for the management of people within an organization. These human resources responsibilities are generally divided into three major areas of management: staffing‚ employee compensation‚ and defining/designing work. Essentially‚ the purpose of HRM is to maximize the productivity
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