FedEx Corporation Strategic Audit May 14‚ 2004 MGMT 449 Prepared by: Clement Chen Lisa Duong Hideo Yang Marny Susanty Mario Vellandi Andrea Betro Forward: This company for this case analysis was chosen by me‚ Mario Vellandi. I found FedEx interesting because they are one of the top four logistics companies in the world with 2002 group revenues of $24.2 billion. Since I was studying the transport industry‚ I found them to be an excellent company to analyze while in Strategic Management
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Managing People at Work- Hard or Soft HRM Report The following report will present the hard and soft HRM practices performed by the primary stakeholders of the UK based retail store‚ RetailCom and its frontline manager. Hard and Soft HRM practices focus upon the interdependent organisational issues of a business and its management. Human resource management is a unitarist approach which is used to emphasise the connection between an individual and its organisation. To assess this‚ we must distinguish
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human resource management (HRM) to distinguish between “rhetoric” and what is regarded as clearly separate “reality”. We have made an analysis of the above statement by examining the following Human Resource functions to see the gap between the rhetoric and the reality: 1) Human Resource Planning 2) Recruitment and Selection 3) Training and Development 4) Performance Management 5) Employee Relation 6) Employee Reward Rhetoric | Reality | Soft HRM * Employees considered
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Bibliography: 1. Chew. J.‚ 2004 “The impact of HRM practices on retention of core employees of Australian Organizations: an Empirical Study 2 5. Singh K (2004). “Impact of HR practices on perceived performance in India”. Asia pacific journal of Human resources 42:3 301-317. 8. Huselid‚ M. A. (1995)
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Introduction: Knowledge is becoming a critically important resource in business organizations. And human resource management is the pillar for any organization. Managing human resources effectively has become vital to organization within the modern and fast-paced business environment. In order to survive in the current competitive environment it is mandatory for every company to recruit the right sorts of people in the right place. Now the question is why this word “right’’ has been used in here
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external contexts. Conclude your assignment with some suggestions as to what the future might hold for the field of HRM in your chosen country. The idea behind the module is for you to explore the meaning and implications of the concepts and ideas of international and comparative human resource management. There is no one way of defining and understanding the nature and purpose of HRM. HRM varies according to the cultural and institutional environment in which it is conducted. It is suggested that
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“ HRM policies and principles contribute to the effectiveness‚ continuity and stability of the organization.” Human resource is the set of individuals who make up the workforce of an organization. Any successful organization does not owe its success solely to market realities and sustainable competitive advantages. Successful companies are those that consider their human resource as their most important asset.Human resource is thequalitative aspects‚ that actually make or break an organization
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HRM Role in Recession The recession is healthy‚ from time to time. The recession helps to stop the businesses‚ which are not bringing value added and the human capital is transferred to more vital businesses at lower costs. In the companies‚ which survive the recession‚ the HRM Role is very important. The recession is very dangerous for the companies. During the times‚ when the business grows dramatically‚ the HRM Function introduces different policies‚ which are focused on spending money. The
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Human Resource Management‚ 12e (Dessler) Chapter 9 Performance Management and Appraisal 1) Which of the following terms refers to the process of evaluating an employee’s current and/or past performance relative to his or her performance standards? A) recruitment B) employee selection C) performance appraisal D) employee orientation E) organizational development Answer: C Explanation: Performance appraisal means evaluating an employee’s current and/or past performance relative to his
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PRINCIPLES OF WAGE & SALARY ADMINISTRATION The main principles that govern wage & salary fixation are three: * EXTERNAL EQUITY: Compare the pay of the same job in different organizations and judge if it is fair. Example: Retail store X has a Store Manager and retail store Y has a store manager (the same job in two different organizations) * INTERNAL EQUITY: Compare the pay of different jobs in the same organization and judge if it is fair. Example: A retail store has an Assistant
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