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
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resource Management 6 2.2.1 Change in competitive environment 7 2.2.2 Cultural differences 7 2.2.3 Embracing new technology 8 2.2.4 Flexibility and Diversity 8 2.2.5 Controlling costs 9 2.2.6 Global economy 9 2.2.7 The strategic significance 10 3.3 Current Role of HRM 11 2.3.1 Functions of SHRM 12 3.4 HR as strategic partner 13 2.4.1 Strategic Business Plan 13 2.4.2 Strategy Development and Implementation
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com/0142-5455.htm ER 25‚3 Line manager involvement in HRM: an inside view Douglas Renwick Management School‚ University of Sheffield‚ Sheffield‚ UK 262 Received September Keywords Line management‚ Employee relations‚ Strategy‚ Human resource management 2002 Revised December 2002 Abstract Although line managers have always been involved in managing human resources Accepted December 2002 (HR)‚ it is within human resource management (HRM) that their involvement has been placed centre-stage as
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Employment law compliance plan Lori Ficklin HRM/531 June 3‚ 2014 Michelle White Memorandum Date: June 3‚ 2014 To: Traci Goldeman From: Lori Ficklin Subject: Bollman Hotels’ Employment law compliance plan for India Dear Ms. Goldeman‚ Thank you for the opportunity to provide the essential details of employment law compliance for Bollman Hotels ’ global expansion into India. Currently‚ Bollman Hotels‚ an organization with 25‚000 employees‚ operates in Minneapolis‚ Minnesota. The transition to a
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OUTLINE I. An introduction to corporate downsizing. II. The reasons behind a company downsizing. A. Cash flow‚ profits‚ and profit margins. B. Organizational structure and procedures. III. Planning the downsizing. A. Pro and con factors. B. Identifying the options. IV. Implementing the downsizing. A. Announcing the action. B. Communicate. C. Staff Stability. V. Conclusion Corporate Downsizing: A Profitable Benefit Or An Unprofitable Disaster The unemployment level is at an
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Abstract Human resource management has always been a part of man’s life even before its name was suggested. This paper will discuss how human resource management has changed over the years. The paper will also discuss how the changes in workforce has effected the human resource management of today. The effects of globalization in today’s HRM will also be looked after in this paper. The world has changed over the years and so has the jobs. New jobs have been created and
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2009 ABOUT AUTHORS We are Ammarah Mahmood‚ Samiya Fatima and Shehzania. We have been given a project “RELATIONSHIP B/W INTEREST RATE & INFLATION IN PAKISTAN” to study and analyze that importance of HRM in any Organization and how HR-Managers use HRM methods to create high-performance. We are students of MBA in IQRA University in the year 2009. Presently we are getting through our 4rd semester from IUGC and we are assigned to prepare this report. Every project needs a lot
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Surgical Complex (Pvt) Ltd Introduction Silver Surgical Complex (Pvt) Ltd is manufacturers of cannula and syringes which are known by its brand name Silver & Green. The green is made for the international market while the silver is made for the local markets. It has been in local and international market from last 10 years and have achieved excellence in manufacturing the highest class‚ most hygienic and bacteria free disposable devices. Some of the countries they export to are Iran‚ Iraq‚ South
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CHAPTER 3 BRIEF SUMMARY PRODUCT COSTING AND COST ACCUMULATION IN A BATCH PRODUCTION ENVIRONMENT Learning Objectives 1. Discuss the role of product and service costing in manufacturing and nonmanufacturing firms. 2. Diagram and explain the flow of costs through the manufacturing accounts used in product costing. 3. Distinguish between job-order costing and process costing. 4. Compute a predetermined overhead rate‚ and explain its use in job-order costing for job-shop and
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Chapter 1: The Strategic Role of HRM ENVIRONMENTAL INFLUENCES ON HRM Internal Environmental Influences • ORGANIZATIONAL CULTURE: core values‚ beliefs‚ and assumptions that are widely shared by members of an org Serves variety of purposes: - communicating what org “believes in” and “stands for” - providing employees with sense of direction and expected behaviour (norms) - shaping employees’ attitudes about themselves‚ org‚ and their roles - creating sense of identity‚ orderliness‚ and
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