the computer and semiconductor production. The IBM PC‚ introduced in 1981‚ was one of the company’s major successes. In the 1990s‚ however‚ the enterprise experienced stagnating earnings from its operations and therefore developed a transformation strategy. From 2000 onwards‚ IBM changed its business model towards technology services and consulting. This shift has enabled IBM to achieve a rise of EPS from $3.32 to $13.44 in 2011. Simultaneously to this strategic shift‚ IBM has also changed its international
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A career in human resources can be demanding and sometimes difficult‚ but most people find it incredibly lucrative and very fulfilling. Those who work in HR often perform duties similar to those of managers or directors‚ and most careers will provide ample room to grow. There are a wide variety of jobs in the field‚ meaning the educational requirements for these positions are varied. Not everyone will be in management; some will work in lower ranked but related positions. One of the great things
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International Journal of Economics and Management Sciences Vol. 1‚ No. 4‚ 2011‚ pp. 01-11 MANAGEMENT JOURNALS managementjournals.org HUMAN RESOURCE MANAGEMENT CHALLENGES IN NIGERIA UNDER A GLOBALISED ECONOMY Francis C. Anyim Ph.D1‚ Cyril Oseloka Ikemefuna2 and Samuel E. Mbah3 FCIPM‚ FNIM‚ FABS‚ FCAI; Department of Industrial Relations and Personnel Management‚ Faculty of Business Administration‚ University of Lago. E-mail: chucksanyim2004@yahoo.com 2 Department of Industrial Relations
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INTRODUCTION What is Human Resource Management (HRM)? HRM is the effective management of people at work to achieve the goal “make workers more satisfied and productive”. HRM plays a very important role in managing‚ controlling‚ developing‚ and maintaining workforce who significantly contributes to the existence and profitability of the organization. They are in continuous contact with the top-level management of the establishment and are responsible for assisting the management for running the
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HUMAN RESOURCE MANAGEMENT TASK 1 – Understand difference between personal management and human resource management. 1.1 Distinguish between personal management and human resource management. Human resource management is the new version of personnel management. There is no any watertight difference between human resource management and personnel management. However‚ there are some differences in the following matters. The main difference between personnel management and
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employees and managers expand their capacity to create the results they desire. Furthermore new and expansive patterns of thinking are nurtured and collective aspiration is set free. Employees and managers are continually learning how to learn together (Smith 2004‚ p.64). Literature emphasises the importance of human resource development to achieve organisational success within a learning organisation (Holton III; Yamkovenko 2008‚ p.278) This review will first discuss how human resource development
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(2000‚ p. 121). It is also defined as “processes oriented towards coordinating and enhancing work activities and outcomes within an organizational unit”‚ Waldman (1994‚ p. 34). “Process that significantly affects organizational success by having managers and employees work together to set expectations‚ review results‚ and reward performance”‚ Mondy et al. (2002‚ p. 555). Armstrong and Baron (1998‚ pp. 51-6)‚ Williams (2002‚ pp. 219-24)‚ Poister (2003‚ pp. 9-15). First of all performance management
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based HR”? Why might an HR department resist becoming evidenced based? The concept of "evidence based HR" is using specific tools (key performance indicators) to help clarify course of action‚ identify errors or omissions‚ and align HR to corporate strategy. It is a decision-making process combining critical thinking with use of the best available scientific evidence and business information (Rousseau & Barends 2011). It forces HR professionals to measure their efficiency and effectiveness quantitatively
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management and human resource management 1. 1 Distinguish between personal management and human resource management Human resource management is the study of human resources who are people and work in an organization. There are various definitions of human resource management. Armstrong (2009)‚ states that human resource management is concerned with all aspects of how people are employed and managed in organization. This definition is broad and makes clear about human resource management. According
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Framework for Human Resources Management International Civil Service Commission Introduction The International Civil Service Commission (ICSC) adopted in 2000 a Framework for Human Resources Management. It was developed by members of ICSC and its secretariat‚ representatives of the organizations of the United Nations common system and representatives of the staff. The purpose of the Framework is to enable the organizations of the United Nations common system to manage their human resources effectively
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