Nature of HRM (Human resources management) HRM is process of bringing people and organizations together so that the goals of each are met. It tries to secure the best from people by winning their whole hearted cooperation. In short‚ it may be defined as the art of procuring developing and maintaining competent workforce to achieve the goals of an organization in an effective and efficient manner. It has the following features: Pervasive force: HRM in pervasive(omnipresent) in nature. It is present
Premium Human resource management
HRM & THIRUKKURAL BY Reshmi R (11AC23) Gunaseelan Mathivannan (11AC11) Nithin N (11AC15) Vinod M (11AC41) Vinoth Kishore A (11AC43) 1. ABSTRACT Tirukkural is a masterpiece of Tamil literature‚ composed during the last of the three Sangam eras. Kural continues to be important today‚ in the twenty first century‚ for scholars believe that Kural conveys many important
Premium Human resource management Management Human resources
‘Strategic HRM and Performance” and first examines in more detail some of the more current status of theoretical development and perspectives underpinning HRM and the emergence of Strategic HRM‚ followed by a critical review on the evidence based around what impact it has had in practice in terms of promoting and enhancing business performance. While we cannot ignore the importance of HRM theories in today’s management context‚ this paper explores whether these theories works well in practice. Introduction:
Premium Management Human resource management Human resources
Difference Between Marketing Strategies & Sales Strategies In order to maximize your business bottom line‚ both marketing strategies and sales strategies need to be implemented correctly. Strategic marketing provides the prospects and leads while strategic sales close the deals to provide revenue to keep your business operating in the black. Often‚ in some smaller business‚ the same person is fulfilling both roles. However‚ when possible‚ it is best to have more specialized people create and
Premium Marketing
Culture and Organisation (HR0372) Table of Contents Page No 1. Introduction……………………………………………2 2. Identification of central issue……………................3 3. Outline of theoretical framework……………………4 4. Analysis 5.1 Artifacts…………………………………………..5 5.2 Espoused values and beliefs…………………..6 5.3 Basic underlying assumptions…………………8 5. Conclusion…………………………………………….9 6. Recommendations……………………………………9 7. References………………………………………
Premium Tony Fernandes Organizational culture Edgar Schein
Discuss the similarities and differences between the resourced based view of strategy and the industrial organisation (I/O) based view of strategy The similarities and differences between the two views of strategy‚ resource-based view (RBV) and industrial organization (I/O) view will be critically discussed. According to Hanson‚ et al. (2011)‚ the RBV model specifies a firm’s strategy internally to earn above-average returns based on its unique resources and capabilities. Resources such as capital
Premium Strategic management Marketing
BUREAUCRATIC ORGANISATION Bureaucratic organization has a hierarchical or pyramidal structure to help achieve the most rational and efficient operation at the lowest cost. It was then influenced by the thinking of Max Weber. A bureaucratic organization is one with rigid and tight procedures‚ policies‚ constraints‚ and the company reacts with stringent controls as well as a reluctance to adapt or change. Bureaucracies are very organized with a high degree of formality in the way it operates. Organizational
Premium Bureaucracy Organizational structure
resource management is an aspect of organisational management concerned with the management of an organisations workforce. It deals with issues such as compensation‚ hiring/firing‚ performance/motivation and training and development. It is the management of people/staff in order for them to make contributions to the objectives of the organisation. “HRM is the body of management activities and used in this way HRM is really no more than a more modern and supposedly imposing name for what has long been labelled
Premium Human resource management Human resources
INTRODUCTION DEFINITION Organizational culture is the collective behavior of people that are part of an organization‚ it is also formed by the organization values‚ visions‚ norms‚ working language‚ systems‚ and symbols‚ it includes beliefs and habits It’s also the pattern of such collective behaviors and assumptions that are taught to new organizational members as a way of perceiving‚ and even thinking and feeling. Organizational culture affects the way people and groups interact with each other
Premium Organizational culture Culture
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
Premium Human resource management Management