Competitive challenges facing Management: Globalization Information Technology Reducing costs through downsizing‚ outsourcing‚ & off shoring Change in demographic (age‚ gender‚ education) Change in laws and regulations such as increasing employee rights in workplace Ethics and social responsibility Work-family balance Importance of service sector History of Management I- Classical Schools (Major Axiom: There is only one best way to do the job): Scientific Management (Frederick Taylor
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Methods of valuation of human resource: Actually‚ the Valuation of the human asset is the most critical aspect of HRA. How to assess the value of human resources? There are a number of approaches have been suggested for this measurement by researchers. These approaches may broadly be classified into two types: human resource cost approach or human resource value approach as illustrated below (Oluwatoyin‚2014‚ Mehra et al.‚ 2014‚ Ganta et al.‚ 2014‚ Dhaka et al.‚ 2013‚ Guduru et al.‚ 2013‚Andrade
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Analysis of Compal Electronics Global Spread Omer F.Qureshi Submission Date: Tuesday‚ 16 October 2012 Module: BUS5001 Contempory Business Degree Enrolled In: BA (Hons) Business and Economics Student Number: 12791676 1 Sypnosis The following report outlines the extent of the global spread of Compal Electronic ’s listed as 468 of 500 of the globes most lucrative businesses according to Fortune 500. The report discuess issues such as the extent of the firms global operations‚ outsourcing
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1) Evaluate modus operandi of Syariah - compiant instruments below : Al Wadiah Saving Account Wadi’ah is a safe custody contract (akad) . There are two forms of Wadi’ahYadAmanah (Trustee Safe Custody) and YadDhamanah (Guaranteed Safe Custody). Originally‚ Wadi’ahYadAmanah where the custodian has the duty to protect the property by not mixing or pooling the properties or money under his custody‚ not using the properties and not charging and fees for safe custody. If he failed any of the above
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integrate human assets in the best possible manner in the best possible manner in the service of an organization. Auxiliary service : HR departments exist to assist and advice the line or operating managers to do their personnel work more effectively. HR manager is a specialist advisor. It is a staff function. Continuous function: according to terry‚ HRM is not a one shot deal. It cannot be practiced only one hour each day or one day a week‚ it requires a constant alertness and awareness of human relations
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DATE: 2013/1/18 TO: Alex Hadley FROM: Class 2‚ Group 2 SUBJECT: Culture Clash Introduction: Generation Ys are a fantastic‚ unique group of employees .By most measures about 75% of Generation Y are now in the workplace. With more and more Generation Y having graduated and seeking jobs‚ understanding their needs and their generational/cultural attitudes towards work/life balance and engagement can make for a better workplace for everyone. It is essential for any forward-looking organization
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Lecture 8 Appraising and Managing Performance After studying this chapter‚ you should be able to: Describe the appraisal process Develop‚ evaluate‚ and administer different performance appraisal tools Explain and illustrate the problems to avoid in appraising performance List and discuss the pros and cons of different appraisal methods Perform an effective appraisal interview Performance Appraisal Vs Performance Management • Performance Appraisal – Evaluating
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ethics as “The basic concepts and fundamental principles of right human conduct. It includes study of universal values such as the essential equality of all men and women‚ human or natural rights‚ obedience to the law of land‚ concern for health and safety and‚ increasingly‚ also for the natural environment.” Based on the definition above‚ the unfair labor practice does touch on aspects that affect the “basic concepts and principles of human rights” such as‚ forms of discrimination‚ and the act of dominating
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REPORT OUTLINE 1. Introduction 4 2. Issue 1: Safety and health constraints 4 2.1. Safety Campaigns 5 2.2. Training Sessions 5 2.3. Free pre-medical checkup for workers 5 2.4. More paid leaves and extra wages 5 2.5. Law enforcement related to safety issues 6 3. Issue 2: Employee Retention 6 3.1. On time proper wages to skilled/unskilled workers 6 3.2. Employee Worker Relationship 7 3.3. Job Security 7 3.4. Law enforcement for worker’s rights
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0BProcess Improvement Interview Questions A Business Process: * Has a Goal * Has specific inputs * Has specific outputs * Uses resources * Has a number of activities that are performed in some order * May impact more than one organizational unit * Creates value of some kind for the customer Getting the Right Information People often assume that process discovery means detailed workflow modeling of a process. That is a mistake. The detailed workflow is just one part
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