an organisation is something which must be expected and prepared for‚ and human resource management are used to ensure the organisation is ready for change and to assess which resources can be adapted to allow the firm to perform at it’s best. Torrington‚ D. et al (2011) states that ‘a capacity for organizational flexibility has become central to the achievement and maintenance of competitive advantage.” An example of a company that has successfully globalised is McDonalds. McDonalds has opened
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Living in the 21st century‚ the world of human resource management is changing more rapidly than can be imagined. As such‚ HRM in many organizations are facing constant challenges as a result of constant environmental changes ahead of time. Given the new emphasis on adding value as an organizational player‚ the role of the human resource department has become considerably more multidimensional in m. firms. This essay will reinforce and argue on why HRM today; must respond by taking advantage of
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Types of Communication Communication can be divided into formal and informal communication. Formal communication may include spoken or written words while informal communication includes gestures‚ facial expressions e.t.c. It can also be divided as-: 1. written materials 2. Oral methods 3. Electrical methods Written Methods Written methods are preferred where detailed information needs an explanation as they are less liable to miss interpretation than oral methods. They can be read
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1. INTRODUCTION As we know‚ the term ‘human resource management’ underlines a belief that people really make the difference‚ only people among other resources have the capacity to generate value. However‚ the human resource management is considered as the ‘Cinderella’ in the organization as its importance has not been discovered by the senior managers‚ in addition‚ it has to share responsibilities with line managers‚ sometimes it takes more work than it is expected. Actions should be taken to
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Corporate Management AXA project TABLE OF CONTENT Description-AXA ......................................................................................................................... 3 SWOT analysis ............................................................................................................................ 4 Porter’s 5 forces analysis............................................................................................................ 5 Organization chart
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Competing on Resources Key ideas from the Harvard Business Review article By David J. Collis‚ Cynthia A. Montgomery The Idea in Brief What gives your company a competitive edge? Your strategically valuable resources -- the ones enabling your enterprise to perform activities better or more cheaply than rivals. These can be physical assets (a prime location)‚ intangible assets (a strong brand)‚ or capabilities (a brilliant manufacturing process). For example‚ Japanese auto companies have consistently
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the HR policy. Surplus labour is an idea used by Karl Marx in his critique of political economy. It means labour performed in excess of the labour needed to produce the means of livelihood of the worker. It is also important in the world of HR. Torrington et al (2009) says that surplus labour markets are also charachterized as easy buyer oriented labour markets. This is where the supply of available people exceeds what is actually required by the company. For example if company generic Sugar company
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Bibliography: 1. Derek Torrington‚ Laura Hall‚ Stephen Taylor‚ Human Resource Management‚ 2005‚ 6th edition 2. Michael Armstrong‚ Armstrong’s Hand Book of Human Resource Management Practice‚ 2009‚ 11th edition Citation analysis appendix I found no citations in the Internet.
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Lecture 10 1 DISCRIMINATION IN EMPLOYMENT There have always been certain groups in society that are discriminated against due to prejudices and preconceptions of the people with whom they have to deal. The preconceptions are sometimes verbal but often not‚ and the people holding these preconceptions may well be unaware of the way that they see and judge things and people. The effects of these can be seen in the employment arena. Definition Equal opportunities is an approach to the
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Managerial Ethics How does a manager supervise ethics in the workplace in today’s business environment? What benefits will come of it for leaders and managers? Should a manager/supervisor be concerned with both moral and practical ethics in the work environment? How does a manager “learn” to manage workplace ethical behavior? Is it from examples that managers become better at managing ethics in the workplace? I think that would be a hard lesson learned. If you have read the headlines lately
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