A balance score card is a strategic planning and management system used extensively in business and by organizations worldwide. Benefits of the system include increasing focus on results‚ aligning business activities with organization strategy and improving performance and communications. It Was first published in 1992 by Kaplan and Norton‚ a book followed in 1996. The Traditional performance measurements that only focus on external accounting data were obsolete so this approach is to provide ’balance’
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Case Study 3: Implementing TQM for an institution Chennai is famous for housing many prestigious and old colleges. SS College situated in the suburbs of Chennai‚ recently celebrated 50th anniversary. It offers BE degree programme in eight different descriptions. About 4000 students are studying in the college. The principal of the college is in the verge of retirement. He has served the college for 35 years. The teaching staff strength is 55; in addition 25 non-teaching staff are also working. Most
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Implementing Professional Development One of the major key factors to having a highly successful and highly effective school is having a highly successful and highly effective staff. Teaching is a profession that requires instructors to stay informed about new and innovative teaching strategies and techniques. The faculty at a school needs to stay up to date on new policies and procedures the state and/or the district plan to impose. In order for teachers to service specific students that have
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This chapter begins with a look at what is required of L&D professionals and how L&D roles are specified. We discuss the CIPD HR Profession Map and how we can use it to assess our professional development needs. We then move on to look at how we deliver our L&D service‚ considering: who are our customers‚ how well do we meet their needs and what can we do to improve our service delivery. In the final section of the chapter we look at the concept of Continuing Professional Development (CPD) and give
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Analysis paper on Phillips Electronic Balance Scorecard What is a Balance Scorecard? A Balanced scorecard is a strategic planning and management system that is used extensively in business and industry‚ government‚ and nonprofit organizations worldwide to align business activities to the vision and strategy of the organization‚ improve internal and external communications‚ and monitor organization performance against strategic goals. It was originated by Drs. Robert Kaplan Harvard Business
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4DEP (HR) Developing Yourself as an Effective Human Resources Practitioner By Susanne Collier 7th November 2011 Activity 1 Today Human Resources (HR) is at the centre of business performance. HR professionals have an important role to play in driving decisions that enable their organisations to thrive in both the short and the longer term. Where in the past the function delivered the fundamentals that underpinned the employee lifecycle (such as recruitment‚ induction and salary administration)
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[pic] ACKNOWLEDGEMENT The project report titled “Human Resource Policies” is done by me at Frontline complogic solutions‚ in partial fulfillment for the award of degree of Master of Business Management. I would like to thank Mrs. Nisha Nair‚ HR Manager of Frontline complogic solutions for providing me an opportunity to pursue my project work in the esteemed organization. I convey my sincere thanks to Sr. Y. Inyasamma‚ principal and Sr. P. Amrutha‚
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1: EMPLOYEE ACKNOWLEDGEMENT FORM I understand that this HR Manual provides vital information about Hindustan Composites Limited (HCL). If any of my queries are unanswered by this manual‚ I will consult the HR department for the same. It is rightly said that ’Nothing is constant except change.’ As the information‚ policies and benefits described here are subject to changes‚ I acknowledge that revisions to the handbook may occur over a period of time. I understand that revised information may
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JVA Corporation To: Katelyn Van Michelson‚ CEO Subject: Compensation Restructuring Dear Ms. Michelson‚ During the last fiscal year‚ JVA Corporation had a devastating net loss of $53 billion and suggestions have been made that we close a couple of the international factories to help stabilize the corporation and remain in business. As the Director of HR‚ I feel that these closures would have a negative impact on the employees and JVA Corp. The proposed closures would move the production
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prepares its master budget on a quarterly basis. The following data have been assembled to assist in preparing the master budget for the first quarter: a. As of December 31‚ 2011 (the end of the prior quarter)‚ the company’s general ledger showed the following account balances: DEBIT CREDIT $ $ Cash 48‚000 Accounts receivable 224‚000 Finished goods Inventory (1000 units) 60‚000 Raw Materials inventory (500 units) 10‚000 Buildings and equipment (net) 370‚000 Accounts payable 93‚000 Capital stock 510
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