INTRODUCTION In relation to all other resources of an organization human resource has specific features that keep human resource at the peak point. * Vitality of human resource * Ability to react * Ability to control all other resources * Ability to be trained * Ability to work in teams Therefore management of human resources is a strategic task. Personnel Management Archaic fashion of management concerning the workforce which included staffing‚ payroll‚ contractual obligations
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IMPORTANCE OF HUMAN RESOURCES MANAGEMENT. Organizational Psychology holds that successful organizations do not owe their success solely to market realities and sustainable competitive advantage. Actually‚ there is a lot more. Successful companies are those that consider their human capital as their most important asset. Facts and figures are the quantitative elements of successful management‚ yet the qualitative‚ i.e. the cognitive aspects‚ are those that actually make or break an organization.
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Chapter 8 Strategic Management The Importance of Strategic Management 1. __________________ is the collection of managerial decisions and actions that determine the long-run performance of an organization. a. Planning b. Goal-oriented management c. Strategic management d. Leadership (c) 2. Studies of the factors that contribute to organizational performance have shown _____________ relationship between strategic planning and performance. a. no b. a mixed c. a negative d. a positive
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UNIVERSITY COLLEGE DUBLIN NATIONAL UNIVERSITY OF IRELAND‚ DUBLIN Bachelor of Science (Singapore) HUMAN RESOURCE MANAGEMENT: STRATEGY AND POLICY (HRM2001S) STUDY GUIDE BSc20 FT / Singapore Copyright August 2013 1 Author: Dipan K Mehta (2013) This manual was prepared for University College Dublin as a comprehensive support for students completing the above mentioned Degree programme. © This publication may not be reproduced‚ in whole or in part without permission from
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Transforming resources INTRODUCTION • How is the most widely recognised product in the world made? • How are the required quality standards met for every single unit of that product? This case study answers these questions by outlining the manufacturing processes for Coca-Cola - the most widely recognised global brand from London to Lagos‚ Los Angeles to Lahore. It is sold in more and more markets‚ creating thousands of new jobs in the local economies. The brand is owned by The Coca-Cola Company which
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Human Resource Planning Definition: Human Resources Planning is defined as the process of assessing an organization’s human resources needs in the light of organizational goals and changing condition and making plans to ensure that a competent‚ stable workforce is employed. The actual planning process will vary a great deal from organization to organization As defined by Bulla and Scott (1994)‚ human resource planning is ‘the process for ensuring that the human resource requirements of an
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The Coca-Cola Company Coke CONTENTS I. Executive Summary……………………………..…………………..…..………4 II. Company’s Vision and Mission..………………...……………….……..……...4 III. Company’s Products……...…………….………………………..….………….4 IV. PEST…………….…………………………………………………….…...…...5 V. Competitive Environment..………………………………………………..…....6 VI. SWOT Analysis………………………………………………….…….………..6 VII. Recommendations...………………………………...………………..…………7 VIII. Appendices…...……………………………………………………..…………..8 COCA-COLA COMPANY’S
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THE COCA-COLA COMPANY CONSOLIDATED INCOME STATEMENT YEAR ENDED 31 DECEMBER 2009‚ 2008 Analysis of Consolidated Statements of Income Percent Change Year Ended December 31‚ 2009 2008 2009 vs. 2008 (In millions except percentages and per share data) $ $ % NET OPERATING REVENUES 30‚990 31‚944 (2.99)% Cost of goods sold
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Economics and Management Sciences Vol. 1‚ No. 4‚ 2011‚ pp. 01-11 MANAGEMENT JOURNALS managementjournals.org HUMAN RESOURCE MANAGEMENT CHALLENGES IN NIGERIA UNDER A GLOBALISED ECONOMY Francis C. Anyim Ph.D1‚ Cyril Oseloka Ikemefuna2 and Samuel E. Mbah3 FCIPM‚ FNIM‚ FABS‚ FCAI; Department of Industrial Relations and Personnel Management‚ Faculty of Business Administration‚ University of Lago. E-mail: chucksanyim2004@yahoo.com 2 Department of Industrial Relations and Personnel Management‚ Faculty
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Situation: 1. Human Resource Manager of PepsiCo’s Possible Reasons for Cessation of Employment 1. He/she got a better offer from the competitor company. That offer can be more salary or an upper position than PepsiCo. 2. Conflicts between management and HR Manager regarding a company issue or conflicts between employees and HR Manager. 3. Changes in his/her life situation. If he/she is married or had a baby‚ and the salary and benefits no longer support your needs‚ he/she has to find a better
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