is amazing that this important part of HR is mostly ignored in HR in most organizations because those at the top do not know the value of HR planning. Organizations that do not plan for the future have less opportunities to survive the competition ahead. This article will discuss the importance of HR planning; the six steps of HR planning that is : Forecasting; inventory‚ audit‚ HR Resource Plan; Actioning of Plan; Monitoring and Control. Definition of HR Planning Quoting Mondy et (1996) they
Premium Human resource management Management Human resources
Students Brand Preferences Between Apple and Samsung Smartphone INTRODUCTION Smartphone has revolutionized the way we do thing‚ the role Smartphone play in today’s society is phenomenal. Today’s Smartphone is taking the role of computer‚ making it possible to do a lot with this small hand held device. It has a broad use such as sharing information‚ paying for products‚ browsing‚ and shopping. Virtually every activity today has a Smartphone application for it. Smartphone can be
Premium Brand Brand management
How does Big Data disrupt the technology ecosystem of the public cloud? Copyright 2012 IDC. Reproduction is forbidden unless authorized. All rights reserved. Agenda Market trends 2020 Vision Introduce panel members and theme © 2012 IDC Source:/Notes: 2 Market Drivers of Big Data Billions of devices‚ millions of apps‚ drives data explosion Heterogeneous systems and architectures Real time computing and decision making-analytics Cloud bridges consumer and enterprise markets
Premium Cloud computing Data management
Even then‚ overcoming issues such as customer loyalty and switching costs would be another large barrier to entry. The threat of substitutes (High) For Samsung‚ almost any phone that performs the same functions as a Samsung phone could be considered a substitute. This includes other devices running the Android OS and not made by Samsung‚ (Motorola Droid comes to mind) as well as other devices like the Apple iPhone or Blackberry. All of these are in high abundance with similar cost and highly
Premium Mobile phone Motorola
everywhere. Accounting is the most basic framework of business. The objective of most businesses is to earn a profit. Business owners use accounting to record and report various pieces of their companies’ financial information. Internal control is broadly defined as the procedures and processes used by a company to safeguard its assets‚ process information accurately‚ and ensure compliance with laws and regulations. What is accounting? Accounting is the process of measuring and recording the financial
Premium Balance sheet Income statement Generally Accepted Accounting Principles
Future Business Sustainability 1. ORGANISATIONAL HEALTH- ANALYSIS TO SOLUTIONS 2. ORGANISATIONAL HEALTH- ANALYSIS TO SOLUTIONS 3. FUTURE SHR PRACTICES & THE CHANGING ROLE OF HR 4. FUTURE SHR PRACTICES & THE CHANGING ROLE OF HR FRAMEWORK ON SHRM HR Perspective -Human Resource Mgt- the policies‚ practices‚ systems that influence employee’s behaviour‚ attitudes and performance which need to be linked to organisational strategy and goals. -Strategic Human Resource Mgt-“ set of
Premium Human resource management Management
Resource planning Society Challenge 1: Competing‚ Recruiting and Staffing globally The Impact of globalization * By partnering w/ firms in the other regions of the world and using info techs to coordinate distant parts of the businesses‚ companies have shown that they can offer customers “anything‚ anytime‚ anywhere” around the world. * 1st major trade agreement of 20th century- General agreement on tariffs and trade (GATT) How globalization affects HRM * Going global- they have to
Premium Human resource management Human resources
global smartphone market‚ Samsung (005930) is a force to be reckoned with. The company extended its lead during the fourth quarter as it shipped an astounding 63.7 million smartphones‚ representing 29% of the global market according to research firm IDC. Samsung’s next closest competitor was Apple (AAPL) which sold 47.8 million iPhones for 21.8% of the market during the same time span. The story is much different when it comes to tablets‚ however. IDC estimates that Samsung shipped 7.9 million tablets
Premium Smartphone
Resource Management”‚ Course designation number‚ AMBA624. Spring‚ John Molson School of Business‚ Concordia University‚ Montreal. Cook‚ J. (2000)‚ “My Soul‚ It’s the New Company Store: More than Coffee Perks in Tight Job Market”‚ Seattle Post-Intelligencer‚ March 8‚ LexisNexis‚ Reed Elsevier. “Compensation & Benefits News”‚ (2000)‚ HR Focus‚ May‚ Lexis-Nexis‚ Reed Elsevier Czaplewski‚ A. J.‚ Fersuon‚ J. M. & Milliman‚ J. F. (2001)‚ “Southwest Airlines: How Internal Marketing Pilots Success”‚ MM‚ September/October
Premium Human resource management Airline Human resources
The role of company policy to support diamonds and creates competitive advantages 1. Create pressure for innovation: Investing in human resources is the foundation of every successful economic process‚ and the true supporter of achievement corporate strategic goals. Innovation is the production of new ideas different from what exists in the environment surrounding business. Innovation management is risk-taking in adopting new ideas and solutions for traditional thinking. The area of innovating thinking
Premium Investment International economics Foreign direct investment