MBA 2014 Assessment of HR Practices in Consulting Industry SUBMITTED BY : Divij Sharma(12BM60046) Ashwini Kr. Rao(12BM60047) Dev Maletia(12BM60060) Abhitosh Daw(12BM60078) Koyel Dutta(12BM60080) INDEX Topic 1. 2. 3. 4. 5. 6. 7. 8. 9. Introduction Why Consulting Job Analysis and design Performance appraisal Job Evaluation Orientation & placement Recruitment Selection Summary Page 3 6 7 10 14 21 27 31 33 Headway into the world of Consulting: Introduction: The word Consultant comes
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TOWS Matrix Analysis The Threats?Opportunities?Weaknesses?Strengths(TOWS) Matrix is an important matching tool that helps managers develop four types of strategies: SO Strategies‚ WO Strategies‚ ST Strategies‚ and WT Strategies. TOWS Matrix could be applied to the development of tactics necessary to implement the strategies‚ and to more specific actions supportive of tactics. SO Strategies SO Strategies use a firm’s internal strengths to take advantage of external opportunities. All managers
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GPSM (KRALJIC) What is kraljics matrix and how can products be moved from one part of the matrix to the other? Intro: it is the first comprehensive purchasing model introduced by Kraljic (1983). It was targeted at aiding purchasers in deciding what purchasing strategy to use for which product. Its main aim is to minimize supply risk and make the most of buying power. The approach includes the construction of a 2x2 four-category portfolio matrix that classifies products on the basis of two dimensions:
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would be highly unorthodox of Kassam. Usually consultants are expected to learn along the way and accommodate quickly to new tasks‚ as complex as they might be. In Abu Dhabi‚ one week into the case‚ the circumstances were very unfavorable. Already a matrix of problems is installed and Kassam arrived to an unwelcoming ground. Problems started with the expectations and deception of the client’s management team and do not end with how his own management team is handling the situation. Basically the client
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Otto’s Auto Parts Statistical Report Hansen Consulting proudly presents the following statistical information for Otto’s Auto parts. Statistics is a branch of mathematics that makes it possible for you to gain an edge over your competitors by providing a method for collection of data‚ and a way to summarize and quantify it to represent real world observations from which predictions can be made. Statistics also includes stochastic modeling‚ which is a powerful tool that incorporates random variables
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what is deception. The movie "The Matrix" displays a social deception in which Neo‚ the main character‚ is caught between what he thought was once reality and a whole new world that controls everything he thought was real. If I were Neo‚ I would not truly be able to know that I was in the matrix. However‚ it is rational to believe that I am in the matrix and will eventually enter back into my reality later. The proof that that I can know that I am in the matrix and that I will return to reality
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Matrix Management ____________________________________________________________________ We typically see it as the leader’s responsibility to get the best out of his or her people – but how do organisational structures help or hinder performance? In the better‚ cheaper‚ faster world of the global economy anything that creates bottlenecks and slows up decision-making is an obstacle to success. In this respect hierarchical management and functional silos are bad news; what employers want to drive
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Firms did not flourish until the early 20th century. They emerged as an authorized structure and were granted exclusive rights to trade and conduct business in certain markets and products. The fact that firms are a different way to organize economic activities cannot explain explicitly and adequately the reason of firm formation. Many socialists and economists have given their interpretations of the conditions under which firms emerged and developed in certain ways in a specialised exchange economy
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CORPORATE ENVIROMENT PROJECT REPORT ON WHICH FIRMS ARE IMPORTANT TO A SOCIETY AND ITS ECONOMY? LARGE FIRMS OR SMALL FIRMS. WORD COUNT: 2602. BY STUDENT ID: 094005 STUDENT ID: 094011 STUDENT ID: 094057 STUDENT ID: 094031 INDEX 1. INTRODUCTION (3) 1.1. COMPARISON BETWEEN THE SMALL FIRMS AND THE LARGE FIRMS (3). 2. SMALL FIRMS OVER THE LARGE FIRMS (4). 2.1 ADVANTAGE OF THE SMALL FIRMS (5). 2.2 SMALL FIRMS ACT AS A BACKBONE EXAMPLE (6). 3. CONCLUSION (7)
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A. FIRM AND ITS OBJECTIVE: Conventional theory of firm assumes profit maximization is the sole objective of business firms. But recent researches on this issue reveal that the objectives the firms pursue are more than one. Some important objectives‚ other than profit maximization are: (a) Maximization of the sales revenue (b) Maximization of firm’s growth rate (c) Maximization of Managers utility function (d) Making satisfactory rate of Profit (e) Long run Survival of the firm (f) Entry-prevention
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