4 Flexibility and Diversity 8 2.2.5 Controlling costs 9 2.2.6 Global economy 9 2.2.7 The strategic significance 10 3.3 Current Role of HRM 11 2.3.1 Functions of SHRM 12 3.4 HR as strategic partner 13 2.4.1 Strategic Business Plan 13 2.4.2 Strategy Development and Implementation 14 2.4.3 What are required of HR as Strategic Partner? 14 2.4.4 Continuous Improvement 15 2.4.5 SHRM and Competitive advantage
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MBM 803/MHM 810 - HRM – INDIVIDUAL ASSIGNMENT Turn in: Between 15 – 18th January 2013 to the Respective Class Reps 25 Marks ALL Topics should be distributed – a Max. of 3 people per topic – to both MBM and MHM The aim of this assignment in HRM is to: - Familiarize you with current issues in HRM - relevant theories‚ key literature and contemporary research and challenges in the area - Instill the value of being and keeping abreast of current issues in HRM in order to remain ahead of ways in
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reality of business and HR Strategy means the best practice is impossible to achieve "Strategic HRM is an approach that defines how the organisation ’s goals will be achieved through people by means of HR strategies and integrated HR policies and practices" (Armstrong‚ 2009). The overall aim of strategic HRM is to maximise the firms’ performance by making sure all employees are of high calibre and committed to achieving the organisations competitive advantage. Within HRM it is not clear how to best
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Managers (2 people doing the same job in the same organization) FACTORS AFFECTING WAGE & SALARY LEVELS * Remuneration in comparable industries * Firm’s ability to pay * Cost of living * Productivity * Union pressure & strategies * Government legislations WAGE FIXATION INSTITUTION IN INDIA Wages are fixed by the following institutions in India: * COLLECTIVE BARGAINING & ADJUDICATION: Collective bargaining is a procedure in which a compromise is reached through
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in the organisation under human resource management. Evaluate your organisations’ situations in this regard. D). How various regulations and legal issues impact on Human Resource Management. Discuss few legal and regulatory issues impacting on HRM in your chosen organisations. Assignment Title: The Rotary Club Context: the context on which‚ the organisation‚ the Rotary Club is based on is that‚ it brings together dedicated individuals to exchange ideas‚ build relations‚ and take actions
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array of notions of what fosters learning in organisations. They have identified at least five different organisational dimensions of a learning organisation: structure‚ information systems‚ HRM practices‚ organisational culture and leadership. Since the focus of the first question of the case study is on HRM practices‚ we will look more closely at this factor. A number of human resource management practices are necessary to support a learning organisation. For example‚ as indicated in the case study
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implementation of Human Resource Strategy 2. Outline and explain the options to consider when designing a reward strategy. 3. Briefly compare and contrast the differences between the ‘best fit’ and the ‘resource based’ approaches to strategic human resource management. 4. Outline the main uses of competency models in Strategic Human Resource Management? 5. Explain what you understand by the terms ‘unitarist’ and ‘pluralist’ and their implications for employee relations strategies. 6. Outline and
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business terms such as competition‚ weaknesses‚ swot analysis‚ and commercials. I had also used combinations with competitors’ names and specific business functions. Next‚ I had used the advanced features to limit my searches in two ways: by data type‚ and by domain extension. I found relevant existing secondary research on FedEx by searching for PowerPoint presentations‚ Adobe PDFs‚ and by Word documents. By limiting searches to educational institutions (.edu)‚ I was able to find some quality
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novelty in the market today demands innovation2 and trust3 more than mere comparative analysis of sales and market share‚ and the hierarchy of the centre and periphery model is evolving into a different paradigm. Human Resources specialists are more important in business strategies today for this very change in market dynamics – more so in the present economic situation of a global recession and downturn across industries and sectors. The focus has turned on HR Department at every organization – the survival lines are running drier with every passing week at the
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HRM in a Changing Environment: The Challenges Today’s organizations are facing challenges upon following levels: i. Environmental Challenges ii. Organizational Challenges iii. Individual Challenges i. Environmental Challenges Environmental challenges refer to forces external to the firm that are largely beyond management’s control but influence organizational performance. They include: rapid change‚ the internet revolution‚ workforce diversity‚ globalization‚ legislation‚ evolving work and
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