matter of strategic hr activities we have selected two companies and analyze them in terms of these concepts. The companies are Sonali Bank Ltd. and Brac Bank Ltd. 1.1 Literature review Strategic HRM Practices • What is Strategic Human Resource Management? An updated management system that consists of the combination of competitive moves and business approaches used by managers to run the company also focus on the Human Resource those are the power house of an organization is known as strategic human
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Pp.118-136 New HRM Practices in the Public and Private Sector Industrial Enterprises of Bangladesh: A Comparative Assessment Mir Mohammed Nurul Absar1 and Monowar Mahmood2 This study explored adoption of new HRM practices in the public and private sector organizations of Bangladesh. We collected data from sixty industrial enterprises located in the main industrial city of country‚ i.e. Chittagong. The study revealed significant difference on adoption of new HRM practices between public and
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HRM Practices in Bangladesh Banking Industry is the potential industry where the growth of a country depends a lot. In Bangladesh banking industry is also very influential. This industry is very big in Bangladesh and holds a lot of skilled employees. So Human Resource Management (HRM) is very much applicable as well as practiced in the banks of Bangladesh. HSBC is known as the world’s local bank. It also has reached to the Bangladeshi market not only to boost up the banking system of onshore
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ASSIGNMENT ON Profile: HSBC Bangladesh Submitted By: Sultana Id:05-038 Batch-15th(BBAth-16th) Department of MIS University of Dhaka Farhana Submitted to: Md. Rakibul Haque Assistant Proffessor Department of MIS University of Dhaka TRAP-1 Human Resource Management: Human Resource Management is the management of human being to convert them into human resource. It is a field of management involves planning‚ organizing‚ directing‚ and controlling the functions of procuring‚ developing
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HR practices in Bangladesh Introduction ▪ Background Bangladesh‚ officially the People’s Republic of Bangladesh is a country in South Asia. It is bordered by India on all sides except for a small border with Burma (Myanmar) to the far southeast and by the Bay of Bengal to the south. Together with the Indian state of West Bengal‚ it makes up the ethno-linguistic region of Bengal. The name Bangladesh means "Country of Bengal" in the official Bengali language. Bangladesh is the eighth most
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HR practice in Bangladesh is better than the past. In the past‚ HR role was concentrated to hiring firing and letter issuance-dispatching-filing stage. Now it has started to perform more than that. Such as ....Employee motivation‚ Employee development‚ employee retention‚ facilitating organizational development initiatives etc. and thus contributes to the achievement of organizational goals. These value added job has just begun in BD. For a good tomorrow‚ this is a starting point. Employers have
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general terms‚ describe strategic HRM and its importance in the organization. If I understand it correctly‚ it is the proactive management of people. This by thinking ahead of the problem‚ planning in ways for a company to better meet the needs of its employees‚ and provide a way for the employees to better meet the needs of a company. It is important as it can help point a direct or lead to the direction a company wishes to grow into or follow. In short‚ it is Strategic hiring and HRmanagement
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Human Resource Management Practices in Bangladeshi Organizations: A Case Study on Bangladesh Centre for Communication Program Author: Khan Atiqur Rahman (atik.pstu.bd@gmail.com) Masters in Bank Management (MBM) Bangladesh Institute of Bank Management (BIBM) Website: www.bibm-bd
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Why is strategic HRM so important for organisations? Explain how strategic HRM can be facilitated and how it can contribute to an organisation. Strategic HRM: can be defined as the linking of human resources with strategic goals and objectives in order to improve business performance and develop organizational culture that brings up innovation‚ flexibility and competitive advantage. Strategic HRM involves setting employment standards and policies. Moreover it is not any particular human resource
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this paper focuses on how the HRM is practiced in Monno Group of Industries. This company is one of the leading organizations in the country in producing ceramic products. Here I tried to make an observation on its HRM practice so that it enriches my theoretical knowledge on HRM with practical views and processes involve in Human resource management. Business is such an arena where there are very few similarities or sometimes contradictions between theories and practices. And Human Resource Management
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