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and Human Resource management. Ans. Distinction between Personnel management & Human Resources management The history of Human Resources management traces its roots to the erstwhile Personnel management that was prevalent in the companies of a few decades ago. Though the two terms ‘Personnel Management’ and ‘Human Resources Management’ are interchangeably used by most of the authors‚ there are key differentiators that make Personnel Management (PM) different from Human Resources Management
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Q1: Evaluate the bank’s approach to implementing the merger. The merger strategy is available‚ because First Bank & Trust Company’s profit was based on personal and real estate loans‚ and Northeastern Bank & Trust Company was less developed on this part. Q2: Are there human resource issues other than those listed by the Human Resource Steering Committee that emerge when two companies merge? Except the listed human resource issues‚ there are some issues the two banks may face. 1. Salary system:
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the traditional roles that Human Resource Management plays in an organisation and describe how changes in global economies have added new responsibilities. Discuss these in the context of the South African working environment. 1.1 - Traditional Roles that an HRM plays in an organisation Introduction: The job of HR‚ as is the job of all such departments‚ is to ensure that the business gets the most out of its employees. Another way to put this is that the human resource management needs to provide
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Nigeria have remained stagnant and underperforming because of setbacks and decay in management. This has resulted in public enterprises being branded ‘‘ineffective and inefficient’’. Performance management‚ which is a relatively new concept in human resource management‚ focuses on maximizing team and individual performance to achieve a motivated workforce resulting in higher goal attainment in a quest to enhance organizational competitiveness. This paper gives a perspective of public enterprises
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Human Capital using using Strategic Alignment | | | |"Human Capital Issues rank high among CEOs’ key challenges‚ in fact‚ five of their top seven priorities relate to human capital in general and to leadership in particular." Accenture: The High Performance Workplace Study 2002/2003 The Strategic Alignment system focuses on having a human capital strategy aligned with mission‚ goals‚ and organizational objectives. [pic] Definition A system led by senior management‚ typically the Chief Human
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matters The “resource-based view” of the firm What are some kinds of “resources”? What is a competitive advantage? What factors contribute to making resources valuable and that‚ in turn‚ give companies a competitive advantage? Study of 968 firms regarding their HRM practices conducted by Huselid (1995)‚ Know the results - specific amounts/percentages. What is psychological contract? HR Challenges The two general HR challenges that we discussed Strategy as an organizational
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Human resource management 1 Model of strategic Human resource management 3W 1H = Strategic Human resource management What -> aligning HR to strategic goals and objectives to improve business performance? Why -> providing organisations with sustainable competitive advantage Who -> HR taking role of the consultant to support and assist line managers in their operation? (People are assets to the company) How -> Developing HR programmes that enhances organisational performance through human
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INTRODUCTION Human resource management is the overall responsibility for recruitment‚ selection‚ appraisal‚ staff development and training‚ understanding and implementing employment legislation and there welfare in the working place. Personnel management is the part of management that is concerned with people and their relationships at work‚ it is deeply concerned with the people working in various organizations and the relationships among them Their main similarities are; 1. They both use
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1‚ Explain the steps in Human Resource Planning. Human resource planning is a process through which the company anticipates future business and environmental forces. Human resources planning assess the manpower requirement for future period of time. It attempts to provide sufficient manpower required to perform organizational activities. HR planning is a continuous process which starts with identification of HR objectives‚ move through analysis of manpower resources and ends at appraisal of HR planning
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