line managers in accomplishing the basic goals. HR managers are generally staff managers. Line Authority The authority to direct the activities of the people in his or her own department. Implied Authority The authority exerted by virtue of others’ knowledge that he or she has access to top management. Functional Control The authority exerted by a personnel manager as a coordinator of personnel activities. Employee Advocacy HR must take responsibility for clearly defining how
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PLF (Plant Load Factor)’ is the guiding philosophy behind the entire gamut of HR policies at NATIONAL THERMAL POWER CORPORATION. We are strongly committed to the development and growth of all our employees as individuals and not just as employees. We currently employ approximately 26‚000 people at NTPC.Competence building‚ Commitment building‚ Culture building and Systems building are the four building blocks on which our HR systems are based. | REPORT ON FOLLOWING PROJECTS ON BHEL: A)ANALYSIS
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Financial Statement Analysis and Business Valuation of TCS By: Prashant Chaudhary Table of Contents About TCS 3 Calculation of Beta 3 Cost of Capital 4 Concepts of Cost of Capital 4 Weighted Average Cost of Capital 6 Financial Ratios 8 Liquidity Ratios 8 Solvency Ratios 8 Profitability Ratios 9 Comparison with Competitors in the Industry 10 Free Cash Flow 11 Sales forecast 13 Reformulated balance sheet 14 Reformulated Income Statement 15 Appendix A: Balance
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Contemporary HR I chose to read the article‚ “Most Innovative Growth Companies 2014‚” from a Forbes magazine article. I then chose to focus my attention on Choice Hotels‚ which was highlighted in the article. Herve Humler is the President and Chief Operations Office of the Ritz-Carlton Hotel Company‚ which is one of the Choice Hotel chains. As one of the original founders‚ Mr. Humler helped create the Credo and Motto for which the company has been known for 30 years. It is a daily reminder
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MHR 705 Problem Set 4 Top Dollar Sales (TDS) is a national firm that sells automobile and life insurance. TDS employs 500 insurance agents. Each agent works somewhat independently to contact and service clients. However‚ TDS is organized into 100 different geographically regions. The average sales for a region is $1‚000‚000‚ with a standard deviation of $100‚000. The manager of each geographical region has the autonomy to establish a compensation plan. The average annual compensation
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To be able to stay competitive and allow customers to have retention over who we are – Human Resources Management or Development can be a key to generate sustained competitive advantages. (Barney‚ 1991; Foss and Pedersen‚ 2002; Fang‚ Jiang‚ Makino and Beamish‚ 2010). Therefore‚ as a marketer‚ I feel that the most important 3 points are: 1) The image of the company‚ where the corporate identity must be handled properly. 2) The flow of the communication‚ ensuring not only the key message (company’s
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Navin AGM materials‚ is fuming and fretting. He bumped into Kiran‚ GM Materials‚ threw the resignation letter on his table‚ shouted and walked out of the room swiftly. Navin has reason for his sudden outburst. He has been driven to the wall. Perhaps details of the story will tell the reasons for Navin’s bile and why he put in his papers‚ barely four months after he took up his assignment. The year was 2005 when Navin quit the prestigious Sail plant at Mumbai. As a manager material Navin
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SCOPE: DTMS records for training for the 545 TC and subordinate units (i.e. 605‚ 163‚ and 168). Specifically annual and periodic trainings records for the last 12 months. In addition‚ a review of the status of company and vessel SOPs on the vessels. RESULTS: 1. As of now‚ 168 TD Training schedule captures METLs. On 11/10/18‚ SGT Green‚ 168 TD‚ sent me a copy of their 1st QTR 2018 calendar (see File II B-4-5-12‚ 1QTR FY18) which I believe based on its structure and format to be published from
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There was complete silence all around; the only thing audible was my rapid heartbeat. I had tripped and ruined my first and probably my last stage performance... Dancing had always been my passion but I could never muster the courage to perform on stage. It was only in seventh grade‚ on my mother’s behest that I decided to take part in the school annual talent show. After weeks of practicing and sleepless nights the final day arrived. Seeing such a huge audience was quite an intimidating sight
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July 13‚ 2012 Subject: Termination of an Employee It has been brought to my attention that one of our employees has been demonstrating mediocre performance and has a reoccurring attendance problem due to her child-care situation. A request to HR has been made to “ divest “ the organization of this “ problem employee.”( The first recommendation of legitimate termination is Involuntary Termination. (These are terminations resulting from employment problems such unsatisfactory performance‚
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