GRADUATE SCHOOL OF BUSINESS STANFORD UNIVERSITY S HR-3 FEBRUARY 1997 HUMAN RESOURCES AT THE AES CORPORATION: THE CASE OF THE MISSING DEPARTMENT Dennis Bakke‚ the CEO of AES‚ a company that develops‚ builds and operates electric power plants‚ sat in his office late in 1996 and thought about the question that was perennially posed to him: could AES‚ soon to have some 25‚000 people located literally all over the world following a recent purchase of power plants in Kazakhstan‚ continue to operate
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Chapter 1 1: Explain how action-oriented HRM departments differ from people-oriented HRM departments. Action-oriented: Effective HRM focuses on action rather than on record keeping‚ written procedure‚ or rules. Certainly‚ HRM uses rules‚ record‚ and polices‚ but it stresses action. HRM emphasizes the solution of employment problems to help achieve organizational objectives and facilitate employees’ development and satisfaction. People-oriented: wherever possible‚ HRM treats each employee as
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Canadian labour market that have implications for a human resource manager? Explain your answer‚ citing which of the human resource functions will be affected and how? Q-2.if a bank is planning to open a new branch in a distant city‚ with what inputs will the human resource department be concerned? What activities will the department need to undertake in the transition to a fully staffed and operating branch? What type of feedback do you think the department should seek after the branch has been operating
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Sunday‚ March 15‚ 2009 COST OF CAPITAL AT AES Evaluating the Historical Capital Budgeting Method Currently AES employs Project Finance Framework. Project finance tends to be used in projects with tangible assets with predictable cash flows in which construction and operating targets can be easily established through explicit contract. The key to AES projects financing lies with the precise forecasting of cash flows. In effect‚ the possibility of estimating cash flows with an acceptable
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The human resource department plays a major role in helping plan the system and in developing job description‚ job specification and performance standards. Specialists in that department may be assigned to conduct job analysis and write job descriptions in cooperation with managers‚ supervisors and employees. The human resource department is not involved in the actual writing of performance standards but play a diagnostic‚ training and monitoring role. JOB DESIGN Job design is a process of determining
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Human Resources can be found in almost every successful company and business. The Human resources department is one of the most important component of any type of business‚ no matter how big or small the business is. The Human resource department has multiple uses and responsibilities. Some of these important systems are when there are people applying for the position they will need to keep track of the applicant tracking‚ they will also keep track of the hiring process‚ along with the skills development
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Cost Club Memo To: Pat Sutton From: Leonna Whitfield cc: Norma Sutton Date: Re: Downsizing the Human Resources Department I have received your confidential update in regards to the downsizing of the Human Resources Department. Although it was a difficult decision‚ I have made recommendations on the three employees who should be terminated from the company as a means to cut back on costs. I will begin by listing the three employees I selected‚ along with the reasons for why I selected those
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Case 3: Globalizing the Cost of Capital and Capital Budgeting at AES Question 1 Explain and comment on the capital budgeting method used historically by AES. Is there a need for change? Explain. Question 2 If Venerus implements the suggested methodology‚ what will be the adjusted discount rate for the Red Oak project (USA) and the Lal Plr project (Pakistan)? Question 3 Calculate the effect that a revision of its cost of capital will have on the Lal Plr project’s NPV. Comment on the
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Human Resource Management Department Brochure Team A HRM/300 October 7‚ 2014 Malcolm Mumford Human Resource Management Department Brochure Title of the brochure “Welcome to Hancock Manufacturing”. The Hancock Manufacturing Human Resources Management team has combine the experience of our entire team in order to answer common and not so common questions with this brochure. We at the Hancock Manufacturing Human Resources Management team recognize the experience each one of our members brings to this
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Scenario Two: Cost Club Human Resources Department University of Phoenix Carlos Flores HRM/546 Human Resource Law Instructor: Christopher Fletcher February 26‚ 2010 Abstract The new assistant manager (AM) receives an e-mail from his the HR manager Pat Fletcher requesting downsizing the HR department from eight employees to five. He wants recommendations of the three selected employees to be terminated. An explanation of what principles of employment laws that might apply to the three employees
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