environment in the oil and gas industry. The study was conducted in two phases. The first phase was focus-qualitative using interview groups. The results of these focus groups indicated that the oil industry is experiencing a period of consolidation and downsizing. Reasons cited for these trends included depressed oil prices‚ minimized revenues‚ and decreased cash flows. The interviews emphasized that efficiency could be improved through the use of centralized budgeting‚ capital intensive labor‚ improved
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A New Mandate for Human Resources by Dave Ulrich Harvard Business Review Reprint 98111 S h ould we do away with HR? In recent years‚ a number of people who study and write about business – along with many who run businesses – have been debating that question. The debate arises out of serious and widespread doubts about HR’s contribution to organizational performance. And as much as I like HR people – I have been working in the field as a researcher‚ professor‚ and consultant for
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DELIVERING RESULTS: A New mandate for human resource professionals. GROUP 3 EUGENE TODD DAVINIA OCEAN WESLEY CHARLES UWAGBOE IZEIGBINEVBO MGMT 471: Human resource Management DR. KEVIN GLASPER 1 MAIN PREMISE Regardless of the nature of an organization‚ every organization is subjected to change by one way or another or for various reasons. No matter the economic situation of a country‚ every organization is given equal opportunity to grow or be a dominant force in
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By looking out the definitions of HRP from Dessler (1999)‚ Stone (2002)‚ and Schuler (1998)‚ HRP can be defined as the systematic and continuous process to ensure that organization’s human resource needs are fulfilled by ensuring that the right people with the correct skills are available when required. Shortly‚ HRP is essentially focus on matching the individual and the needs of the organization to gaining a competitive advantage in marketplace. HRP is important because the HR plan affects all
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Ethical Decision-Making: Employer Responsibilities and Employee Rights Chapter Objectives: After exploring this chapter‚ you will be able to: 1. Discuss the two distinct perspectives on the ethics of workplace relationships. 2. Explain the concept of due process in the workplace. 3. Define “employment at will” and its ethical rationale. 4. Describe the costs of an EAW environment. 5. Explain how due process relates to performance appraisals. 6. Discuss whether it is possible to downsize
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Usually when one thinks of anthropology‚ they think about how it largely focuses on what westerners perceive as distant‚ primitive cultures like the BaMbuti in Central Africa. It is true that anthropology does originate as a discipline focusing on “primitive cultures” like the Andaman Islanders of Papua New Guinea. However‚ since the 1960s‚ postmodern anthropologists have turned the discipline on its head. Many anthropologists have started to write ethnographies about western‚ contemporary culture
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Company: Waterproofing Company Address: Badr Industrial City‚ Cairo Egypt. Presented To: Dr. Mohamed Aly A. Fattah Presented By: Hany Maher El – Nahas Peter Lotfy Ayman Tarek Ali Shenouda Bertel Ramy George Haitham Hamed Company Overview: Modern Waterproofing Company is a leader in the Middle East region in the field of manufacturing
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deadweight or terminate low-performers that are unproductive or unprofitable. Unfortunately‚ Welch came into the realization that his current management staff was unable to lead the corporation to success‚ therefore he proceeded with organizational downsizing. In essence‚ Welch ’s methods were extremely effective‚ his decision to downsize‚ destaff and delayer has awarded GE increased levels of profitability and an increase in sales revenue. For the most part‚ Welch ’s focus was geared towards much
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medical equipment‚ and evaluate funding options for capital expansion. Capital Shortage The working capital shortfall is a major concern and has to be priority. The cost-cutting that was chosen is to downsize staff and reduce benefits. Downsizing staff will give a moderate savings of $ 5‚030.604 per year and control rising costs. Additionally‚ hospital staff will be given a 60 day notice. Laid off staff will have assistance in searching for new jobs. Highly skilled nurses and technicians
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improve its business processes and fully support the company’s information systems. The project got approved in 1998 and was scheduled to be completed in 2001. As the project began serious problems also began to surface. The Company had gone through a downsizing exercise and remaining staff now had to double up on duties. During this‚ the project requirements still had not been defined but the design of the system started. Thus problems occurred when the code was written
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