what they produce and how they use resources at their disposal to do so. In this sense we may distinguish between the positional perspective‚ developed by Michael Porter‚ according to which achieving competitive advantage is the result of exploitation of imperfections in the market‚ the resource based perspective‚ which states that competitive advantage lies in the ownership of valuable resources‚ and the dynamic capabilities view‚ which follows the resource based view but also adds the dimension of
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CRITICALLY EVALUATE THE CONTRIBUTION OF STRATEGIC HRM IF THE STRATEGIC BUSINESS PLAN IS FORMULATED AS (a) A CLASSICAL (or prescriptive ) BUSINESS STRATEGY (b) A RESOURCE-BASED (or capability) BUSINESS STRATEGY. Introduction ‘Strategic HRM involves keeping abreast of the times and developing organizational strategies that prepare organizations not only to respond to changing environmental pressures but proactively to seize the initiatives in their various markets.’
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Henry Amm Fayol or Mintzberg – Who is right? Date: 11/12/2011 Student Number: 110369257 Version 1.0 The task: Henri Fayol presented his analysis of the management function in 1916 and it has largely been superseded by the more descriptive approaches of what managers actually do‚ such that favored by Henry Mintzberg. However‚ it could be argued that the image portrayed by Fayol is superior to that of Mintzberg‚ and the latter’s description is of rather ineffective management! Who do you
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Mintzberg’s decisional roles‚ it will be used to study and relate to the manager’s job. Mintzberg’s decisional roles consist of 4 elements‚ which are the Entrepreneur‚ Disturbance Handler‚ Resource Allocator and last but not least the Negotiator. This four roles illustrate how managers make decisions (Mintzberg‚ 1973). A manager plays an important role in decision making‚ thus‚ the Mintzberg’s decisional role will be the main concept discuss in this essay. Being a manager also means that Ms YKL
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The Roles Mintzberg published his Ten Management Roles in his book‚ "Mintzberg on Management: Inside our Strange World of Organizations‚" in 1990. The ten roles are: Figurehead. Leader. Liaison. Monitor. Disseminator. Spokesperson. Entrepreneur. Disturbance Handler. Resource Allocator. Negotiator. The 10 roles are then divided up into three categories‚ as follows: Category Role Interpersonal Figurehead Leader Liaison
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had five principle roles: to forecast and plan‚ to organize‚ to command‚ to co-ordinate and to control. Forecasting and planning was the act of anticipating the future and acting accordingly. Organization was the development of the institution’s resources‚ both material and human. Commanding was keeping the institution’s actions and processes running. Co-ordination was the alignment and harmonization of the groups’ efforts. Finally‚ control meant that the above activities were performed in accordance
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Lectures and Tutorials Course No Cours Title Course Planner MGT207 HUMAN RESOURCE MANAGEMENT 13460 :: Tej Bir Kaur Text Book: Other Specific Book: Lectures Tutorial Practical Credits 4 1 0 1 Dessler‚ G. Varkkey (2009)‚ 11th edition‚ Human Resource Management‚ Pearson Education 2 Ivancevich‚ J.M. Human Resource Management‚ Tata Mcgraw Hill 3 Rao‚ P.S (2008) Essentials Of Human Resource Management and Industrial Relation‚ Text and Cases‚ Himalaya Publishers. 4 Jyothi
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FOUR MANAGEMENT FUNCTION During early part of the twentieth century‚ Henri Fayol French industrialist proposed that all managers perform five management activities that are: plan‚ organize‚ command‚ coordinate‚ and control. But nowadays there management functions have been condensed to four: planning‚ organizing‚ leading and controlling. Managers exist in every business. In fact‚ managers do the same types of tasks in all businesses. Whether a person manages a hair salon or a factory‚ the manager’s
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HENRY MINTZBERG TEN SCHOOLS OF THOUGHTS MODEL Strategy Safari‚ the international bestseller on strategy by leading management thinker Professor Henry Mintzberg of at McGill University and his colleagues Bruce Ahlstrand and Joseph Lampel‚ is widely considered a classic work in the field. No other book synthesizes the entire history and evolution of strategic management in so lively and entertaining a fashion. Since the initial publication of Strategy Safari‚ managers‚ consultants‚ and academics
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Part 1 Henry Mintzberg and other writers have talked about the cluster of roles that a manager performs. How does the manager add the role of academic researcher to the cluster? What differences in approach does this imply? What challenges does this present? Part 1 Contributions to research on management roles have been emphasized upon and researched upon by various scholars. Henri Fayol (1841-1925)‚ an engineer at a mining company in France‚ who later became the director of the mining company employing
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