MUHAMMED SHAFI HUMAN CAPITAL MUHAMMED SHAFI HUMAN CAPITAL 1.0 INTRODUCTION Human resource management is an important part in management as it is managing of the biggest assets of the organization. It is always the ability of the human resource in the organization that decides the success
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Task 1 i) The Human Resource Management or personnel function of ASDA covers a variety of activities. The term ’Human Resource Management’ has largely replaced the old-fashioned word ’personnel’‚ which was used in the past. The types of work covered in the Human resource function might include the following: ·A Policy-making role - This is important because the Human resourcesdepartment need to be making big policies thatcover the place of work and the importance of thepeople in ASDA. ·A Welfare
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candidate and other employment procedures. This set of policies also benefits current employees who refer applicants to your business. Training and Professional Development • Provisions for employee training and development are included in human resource policy documents because it informs employees of the kind of professional development available to them. In addition‚ policies related to training and development assistance in the formulation of employee development plans or performance improvement
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Analyse the Reasons for Germany’s defeat in World War I The war ended with the allies of Britain‚ France and Russia‚ finishing the war having succeeded. There were many reasons to why the Allies had won this war. Some of the reasons were the effects of the long time the war went over war on the German Economy‚ the Alliance Systems formed by the other nations‚ The Allied Naval Blockade on Germany‚ leaving them with no supplies to maintain a certain control over the nation‚ the development of the
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Chapter-1 Q-1. What are four trends in the Canadian labour market that have implications for a human resource manager? Explain your answer‚ citing which of the human resource functions will be affected and how? Q-2.if a bank is planning to open a new branch in a distant city‚ with what inputs will the human resource department be concerned? What activities will the department need to undertake in the transition to a fully staffed and operating branch? What type of feedback do you think the department
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HUMAN RESOURCE DEVELOPMENT Ques. No. 01 A. Describe the major functions in a Human Resource Development framework of an organization. According to American Society for Training and Development (ASTD)‚ "HRD is the integrated use of:- 1. training and development‚ 2. organizational development‚ and 3. Career development to improve individual‚ group and organizational effectiveness." The ASTD study documented a shift from the more traditional training and development topics
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OF HUMAN RESOURCES MANAGEMENT. Organizational Psychology holds that successful organizations do not owe their success solely to market realities and sustainable competitive advantage. Actually‚ there is a lot more. Successful companies are those that consider their human capital as their most important asset. Facts and figures are the quantitative elements of successful management‚ yet the qualitative‚ i.e. the cognitive aspects‚ are those that actually make or break an organization. Human Resources
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Human Resource Management (HRM) is the function within an organization that focuses on recruitment of‚ management of‚ and providing direction for the people who work in the organization. HRM can also be performed by line managers. HRM is the organizational function that deals with issues related to people such as compensation‚ hiring‚ performance management‚ organization development‚ safety‚ wellness‚ benefits‚ employee motivation‚ communication‚ administration‚ and training. HRM is also a strategic
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within an organization? Discussing the close links between this function and human resource planning‚ work analysis‚ job design‚ and human resource development (using examples). With the development of global economy‚ market competition to a large extent means competing for talents. To prosper‚ corporations must keep their pools of talents in good shape‚ which demands highly of sound hiring and retention of human resources. “The best thing we can do for our competitors is to hire poorly”‚ a Microsoft
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Knowledge and skills development is vital to the health of organisations. We live in an information age today‚ and organisations are routinely valued not just on their physical but on their intellectual capital. Training is one of the chief methods of maintaining and improving intellectual capital‚ so the quality of an organisation’s training affects its value. Untrained or poorly trained employees cost significantly more to support than well-trained employees do. Training affects employee retention
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