(B) Why do you think HRM is important? Importance of Human Resource Management: An organization cannot build a good team of working professionals without good Human Resources. The key functions of the Human Resources Management (HRM) team include recruiting people‚ training them‚ performance appraisals‚ motivating employees as well as workplace communication‚ workplace safety‚ and much more. The beneficial effects of these functions are discussed here: Recruiting and Training This is one of the
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Tales Of King Arthur Since the romanticizing of the Arthurian legends by Geoffery of Monmouth‚ the historian‚ during the twelfth century‚ the legendary ’king of England’ has been the source of inspiration for kings‚ poets‚ artists and dreamers alike. The most famous work is probably Sir Thomas Malory’s Le Morte d’Arthur‚ completed around 1470‚ and published in many abridged and complete versions. Malory’s work contains in one the legend that had been continually added to over
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Arthur Andersen’s Troubles 1. Arthur Anderson (AA) should have been able to help prevent to some extent the Enron disaster‚ however‚ they either missed or ignored Enron’s manipulations allowing the fraud to continue as long as it did. AA contributed to the disaster by approving the structure of many Special Purpose Entities (SPE)‚ which Enron used for off-balance sheet financing. The SPEs did not meet the requirements of an independent company and should have been consolidated with Enron’s
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1. What did Arthur Anderson contribute to the Enron disaster? Arthur Andersen (AA) contributed to the Enron disaster when AA consulting became its own separate entity‚ named Accenture. Revenues from consulting services surpassed revenue from auditing services. A natural competitiveness grew between the two rivals and this is where the problems began to start. Management held maximinizing revenues as their primary focus of success and promotions/bonuses were based on this factor. The CEO of AA‚ Joe
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operational origins. Promoting the strategic significance of HRM has given HR Managers the opportunity to raise their status through developing HR strategies which link with corporate strategies. 12/08/2011 5 There are two broad approaches to linking HRM to strategy One approach advocates ‘best practice’ or ‘universalism’ and argues that firms will be better off if they adopt best practices in the way they y organise work and manage people‚ irrespective
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I’ve read this book numerous times. I always get hooked and can’t stop reading. The author of the book is Laurie Halse Anderson. In this book she writes from the aspect of a teenage boy. I found this surprising because she is so accurate on how men thought and how they’re portrayed in the book. This book really is one of the major things to inspire me because it showed
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HISTORY OF HRM HRM is traced back to the 19th century with the beginning of the Welfare System. The Welfare System was an important development in terms of voluntary initiatives undertaken to improve conditions of factory workers‚ in relation to pay‚ working hours and health and safety. The voluntary initiative originated from Quakers. Welfare officers were appointed and became the forerunner to HR practitioners. The early 1900’s saw the appointment of welfare officers in Irish companies
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English Composition Finding Truth in the Legends Surrounding the King Arthur and his Knights of the Round Table There are many reasons to believe why the great King Arthur and his mighty knights of the round table were real men and not what fairy tales are made of. Throughout the centuries‚ men have longed to be like the infamous King Arthur. History has told tales of great feats on the battle ground; mothers put their children to sleep with tales of this enigmatic king. However
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importance of people in making these strategies a reality. With that in mind‚ there is a need now to look at HRM from a different perspective so that it can contribute to the achievement of the company aim and objectives. Human Resource Management (HRM) has always played a part in contributing to the success of the company either directly or indirectly. Like other areas of management‚ HRM is involves in setting policies‚ formulating plans and trying to make decisions for the benefit of both the
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Enron’s reserves‚ nearly destroying the company. After these facts are brought to light‚ Lay denies having any knowledge of wrongdoing. Lay hires new CEO Jeffrey Skilling‚ a visionary who joins Enron on the condition that they utilize mark-to-model accounting‚ allowing the company to book potential profits on certain projects immediately after the deals are signed...whether or not those projects turn out to be successful. This gives Enron the ability to subjectively give the appearance of being a profitable
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