and is a valuable commodity that‚ if viewed as an investment rather than as an expense‚ can produce high returns. Training is organisational effort aimed at helping employees to acquire the basic skills required for the efficient execution of the functions for which they are hired. Development‚ on the other hand‚ deals with activities undertaken to expose employees to perform additional duties and assume positions of importance in the organisational hierarchy. The benefits of training and development
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president of individuality. 2. Many organizations have had a difficult time adopting a strategic perspective toward HRM. Why? The HRM function today is concerned with much more than simple filing‚ house-keeping‚ and record keeping. When JHEM strategies are integrated within the organization‚ HRM plays a major role in clarifying the firm’s human resource problems and develops solution to them. It is oriented toward action‚ the individual‚ worldwide interdependence‚ and the future. The strategic
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enabled IBM to achieve a rise of EPS from $3.32 to $13.44 in 2011. Simultaneously to this strategic shift‚ IBM has also changed its international structure and moved from a multinational to an integrated enterprise‚ thereby saving $6 billion. This paper will analyze the HRM implications of this strategic shift. For this purpose‚ it will first elaborate on the business model and the strategic focus of the company. Second‚ it will consider the strategic HRM focus and the general blueprint that IBM has
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Human Resource Planning Human resource planning (HRP) in simple words could be defined as planning for the future personnel needs of an organization‚ taking into account both factors in the external environment and internal workforce. It is the process by which an organization ensures that it has the right number and kinds of people‚ at the right place‚ at the right time‚ capable of efficiently completing those tasks that will help the organization achieve its overall objectives. HRP is an important
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ANALYSIS OF THE IMPACT OF HUMAN RESOURCE DEVELOPMENT ON ORGANIZATIONAL GROWTH. 1.0 Introduction 1.1 Background to the Study A rapidly changing economic environment‚ characterized by such phenomena as the globalization and deregulation of markets‚ changing customer and investor demands‚ and ever-increasing product-market competition‚ has become the norm for most organizations. To compete‚ they must continually improve their performance by reducing costs‚ innovating products and processes‚ and improving
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this global competitive era‚ banks have an important role as a financial institution. This report has been prepared on a commercial bank. In every organization‚ men/human resources play an important role for its success. No organization whether it is small or large‚ labor intensive or technology intensive can run without human resource. The topic of our report is “HRM issues in the Banking sector: A Case Study on IFIC Bank Limited.” We have done this report on the IFIC bank Ltd. Although we have
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to support the use of technology throughout the organization. Human Resource Management practices at Basil Read are aligned to exploit the use of technology in all aspects of HR processes. Electronic Human Resource management (E-HRM) is the latest technology used in the HR department to transmit‚ store and process information digitally. E-HRM allows for information to be consolidated and called up quickly when required. The HR functions from payroll to recruitment‚ performance management to employee
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Collective Bargaining at West University Human Resource Management December 29‚ 2012 College campuses across the country have served as staples in their community. As college faculty and the student body forge bonds between academic‚ state‚ and union members they held to higher standards of ethics. With this being said they are faced with basic and central social relationships between union‚ employers and state. In respects
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Human resource also known as manpower or human capital can be defined as the staffs recruited by the organization for them to work. Human resource management (HRM) is a complex issue and many authors have tried to explain it and some definitions are below: “HRM is a distinctive approach to employment management which seeks to achieve competitive advantage through the strategic deployment of a highly committed and capable workforce‚ using an array of cultural‚ structural and personnel techniques
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Introduction Human resources are all the employees of an organisation. Human Resource Management is a strategic and logical approach to the running of the most important part of an organisation; the employees. Throughout this assignment I will investigate the different perspectives of human resources mainly focusing on the organisation I am employed by. I will identify any differences between HRM and Personnel and try to back this up with relevant theory. I am going to research into equal opportunities
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