UNDERSTANDING A VALUE CENTRED ORGANISATION K P Gopalkrishnan Assistant Professor HR and Business Ethics Pillai Institute for Management Studies and Research Panvel – gopalpuru@rediffmail.com This paper attempts to clarify what is meant by value centred organisations since increasingly the word value is being used by Human Resource professionals to delineate their prognosis. To remove the fuzziness this paper takes a definitional stand and gives the HR professional a working idea of this highly abstruse
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How to reduce absenteeism in organisations 1. Identify the causes for an employee’s absenteeism. If you can find out why an employee is consistently absent‚ then you can deal more effectively with the problem. For example‚ if an employee is often absent because of issues with childcare‚ you could offer them the option of more flexible working hours. 2. Implement a thorough record system. For every employee‚ you should record the date‚ duration and reason for each case of absenteeism. This way you
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story of a selected business strategy is a business plan defining: the company vision‚ the strategy and policy that will enable the company to reach those objectives‚ the resources requisite‚ and how they are going to be obtained; what the main milestones and steps are along the way; who is responsible for causing each step to occur; what are the company’s business risks and external factors that need to be kept under review for indications that a change in strategy or plan may be required. Strategizing
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will be. The term industry can be refers to a field or an organisation involve in the production of goods‚ services or extraction of natural resources. There are two types of organisation in an industry‚ product-oriented organisation and service-oriented organization. The term "product" is associated with something that is tangible‚ which is capable of being perceived especially by the sense of touch. The outputs of product-oriented organisation are either end product‚ or components that are assembled
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Apple’s Learning Organisation Abstract This paper is the report of the research done on Apple as a learning organization‚ the purpose of the assignment is to understand how you can identify the organization which learns‚ what their business is‚ and map out their learning cycle. Other objectives of the researchers are to understand how learning theories are applied in real world and to identify which theory is most suitable for Apple’s learning style. 1. Introduction This paper discuss
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Meaning of Working Capital– Orking capital refers to the part of total capital which is required for day to day working of the business. The funds are required by the business for conducting its regular operations such as purchase of raw materials of finished goods‚ payment of wages & manufacturing expenses‚ office and administrative expenses‚ selling & distribution expenses. The funds necessary for making such regular payments of business is called Working Capital therefore have been defined
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1. Hand-to-hand combat with Grendel in which Beowulf rips off Grendel’s arm. This battle is mythological in nature: it shows Beowulf’s superhuman strength. Beowulf’s motive is revenge against the monster for his heinous crimes against Beowulf’s kinsmen. 2. Sword-fight combat against Grendel’s mother in which Beowulf swims to her underwater lair. This battle too is mythological‚ as Beowulf’s dive is the stuff of legend. However‚ in this battle Beowulf must use a weapon (sword) to defeat her. This
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Working Capital Management Concepts Worksheet Amber Collins University of Phoenix May 31‚ 2007 Working Capital Management Concepts Worksheet Concept Application of Concept in the Simulation Reference to Concept in Reading Describe the firm ’s cash conversion cycle: Cash inflow "Most firms keep track of the average time it takes customers to pay their bills. From this they can forecast what proportion of a quarter ’s sales is likely to be converted into cash in that quarter and what proportion
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the achievement of organizational goals through division of labour‚ hierarchy of authority. An organization study involves the study of structure and functioning of the departments organizing is one of the important functions of management. All most all organizations are different but they have certain common features. All are collection of people linked together by formal and informal relationships. The study is mainly aimed at the overall performance of the company which includes
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Impact of Recession on Working Capital Requirements of a Company Working Capital Management is a managerial accounting strategy focusing on maintaining efficient levels of both components of working capital‚ current assets and current liabilities‚ in respect to each other. Working capital management ensures a company has sufficient cash flow in order to meet its short-term debt obligations and operating expenses. Implementing an effective working capital management system is an excellent
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