Human Resource Management Review 16 (2006) 181 – 198 www.socscinet.com/bam/humres Keys to motivating tomorrow ’s workforce☆ Gary P. Latham a‚⁎‚ Christopher T. Ernst b b a University of Toronto‚ Canada Center for Creative Leadership‚ Singapore Abstract Work motivation is a set of energetic forces that originate within as well as beyond an individual ’s being. It is a psychological process resulting from the reciprocal interaction between the individual and the environment that affects
Premium Motivation
How to Manage Multicultural Workforce COMM/215 September 04‚ 2012 Introduction The world is becoming more diverse and most large companies are multicultural. Diversity definitely has brought new importance to the workplace. “More organizational leaders are trying to overcome the challenges of managing a multicultural workforce so that they can reap the benefits. A multicultural workforce consists of employees with a wide range of backgrounds. Age‚ race‚ national origin‚ gender‚ and marital
Free Culture
Maintaining a skilled and competent workforce This section includes good practice on: • Introduction • Employee retention • Homeworking • Evening shift • Training of existing employees Introduction An effective workforce is fundamental to a successful organisation. Employee retention The good practices below will help you to maintain a skilled‚ competent and effective workforce. These are: • promoting the benefits of healthy eating and exercise by investing in innovating training and establishing
Premium Management Customer service Customer
The Future of Investment Banking The era of investment-banking (IB) post-economic crisis of 2008 will see increasingly modest returns and a much meeker future. Returns on equity (ROE)‚ a standard measure of profitability‚ once routinely ranged from 20-25%‚ have now halved to 13% and will continue to plummet to 6-9% by 2017 with the incorporation of new regulations. These regulations will fundamentally change the face of IB. Higher capital standards will force banks to shrink their balance sheets—making
Premium Bank Banking
Investment Strategy for India Investment Commission Report February 2006 Executive Summary India has achieved impressive GDP growth of over 7% per annum in the last few years. However‚ sustaining growth at over 8% per annum will require a significant increase in investment levels in the economy - from approximately 30% of GDP to about 34% of GDP1. Over the next 5 years‚ this translates to a cumulative investment of over $ 1.5 trillion. The report undertakes to define a strategy that could
Premium Investment Foreign direct investment
Business Case for Investment Business Case for Investment Learning Team A has been assigned to put together research‚ facts‚ and supporting documentation for how an organization should consider‚ plan for‚ and implement new technology within the business. The paper will examine different technologies that are available to existing businesses and whether it is worth the effort‚ time‚ planning‚ training‚ and mostly importantly cost‚ for the organization to implement any of these new technologies
Premium Strategic management Software Application software
Contents 1. Introduction 2. Advantages of an aging workforce 2.1 Knowledge 2.2 Experience 3. Problems of an aging workforce 1. High health care costs and pension benefits 2. Lost of experience‚ corporate knowledge and business relations 4. Strategies which can be implemented 1. Mentoring and teaming 2. Redesigning retirement package 5. Conclusion 1. Introduction
Premium Pension Retirement Knowledge management
References: Children & Young People’s Workforce Level 2 Certificate Authors‚ Beith‚K‚ Bulman‚K‚ Forbes‚S‚ Griffin‚S‚ Tassoni‚P Understanding Child Development Author‚ Carolyn Meggitt Child Development (an illustrated guide) 2nd Edition Author‚ Carolyn Meggitt
Premium Childhood Developmental psychology Child development
Dealing with the Impact of an Aging Workforce In 1946‚ America received its first round of baby boomers that continued for the course of 18 years in which more than seventy-nine million babies were born. With that being said‚ most of the first round of baby boomers are turning 66 this year while the last flood of baby boomers will turn 48 (About.com.Geography ). With this becoming a reality for many employers it is no wonder that management faces many new challenges. However‚ this challenge is
Premium Maslow's hierarchy of needs Employment Retirement
back technology to protect the unskilled workforce? Since the beginning of time‚ people have made and used tools to make everyday life simpler. The car was a major breakthrough for transporting people as well as goods and services. The conveyor belt also helped production rates for manufacturing‚ allowing the work force to finish goods almost 10 times faster. The workforce benefits with new technology‚ some may argue that new technology hurts the workforce. Colleges and universities provided the
Premium