Q1 “HRM POLICIES AND PRINCIPLES DO NOT CONTRIBUTE TO THE EEFFECTIVENSS‚ CONTINUITY AND STABILITY OF THE ORGANIZATION” THIS STATMENT IS WORNG Human Resource Management (HRM) is the term used to describe formal systems devised for the management of people within an organization. These human resources responsibilities are generally divided into three major areas of management: staffing‚ employee compensation‚ and defining/designing work. Essentially‚ the purpose of HRM is to maximize the productivity
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first six months? In the first six months HR teams should have major priorities; these are to perform the functions of the HRM: * Manpower Planning * Recruitment and Selection * Training and Development * Employer/Employee Relationship Manpower Planning – means making sure that the business has enough workers with the right skills to do the job in the business. HRM should forecast future demand and calculate existing supply. The owner of the company or the assigned HR Manager of the
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[pic] A STUDY OF HRM CONCEPTS IN ’THIRUKKURAL Introduction: Thirukkural‚ one of the ancient scriptures in Tamil‚ encompasses wisdom in capsule for all walks of life. It was universally acclaimed as a great piece of literature‚ both by the West as well as the East. Dr. Albert Schweitzewr proclaimed‚ "There hardly exists in the literature of the world‚ a collection of maxims in which we find so much of lofty wisdom". The works contemporary to Thirukkural lack the ideal perception
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TABLE OF CONTENTS 1.0 INTRODUCTION ……………………………………………………………… 1 1.1 HUMAN RESOURCE MANAGEMENT ………………………………… 1 1.3 STRATEGY ………………………………………………………………… 2 2.1 PERFOMANCE ………………………………………………………………. 5 2.2 Performance Standards ………………………………………………. 5 2.3 Performance Measurements …………………………………………. 6 2.4 Performance Appraisal …………………………………………………. 8 3.1 COMMITMENT ………………………………………………………………. 8 3.2 MODELS OF COMMITMENT ……………………………………………… 10 4.0 FLEXIBILITY ………………………………………………………………… 11 4.0.1 Flex time ………………………………………………………………
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The corporate strategy guides organization’s positioning in terms of responsiveness‚ cost leadership and product differentiation. In broad terms‚ corporate strategy is concerned with the broad decision making like choosing the business network‚ capacity utilization etc. The corporate strategy dictates the detailed strategies for each functional area such as Human resource‚ Operations‚ Finance‚ and Marketing. The changes in corporate strategy has often lead to downsizing ‚unbundling ‚and increased
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innovative in their approaches to attract and retain these scarce skills. The first and far most important approach to attract scarce skills is recruitment‚ according to Swanepoel‚ Erasmus and Schenk (2008:257): “Recruitment can be described as those HRM activities that are undertaken in order to solicit job applications from people who have the necessary potential‚ knowledge‚ skills and abilities (competencies)‚ to fill positions as employees who will assist the organisation in achieving its objectives
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HRM Explain why HRM is important First – significant source of competitive advantage Second‚ important part of organisational strategies managers have to think about their employees and relationships Job design‚ job training‚ performance management Way employees treat people significantly affects organisational performance‚ creating high-performance work practices Describe the principal roles‚ functions and outcomes of HRM Human resource management process – activities necessary for staffing the
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HRM Paper Week 8 • Assignment # 2 – Comprehensive Case: “Muffler Magic” Read the “Muffler Magic” case and write a four-to-five (4-5) page report that answers the following: 1. Specify three (3) recommendations about the functions of recruiting‚ selection‚ and training that you think Ron Brown should be addressing with his HR manager now. Currently you’re allowing your HR to hire employees without "carefully screening each and every candidate‚ checking their references and work ethic"
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HRM 107 Presentation – Friday 8pm History and introduction How would you like to know that the $125 shoes that you bought last month only cost $5 to make? Sweatshops‚ child labour and poor working conditions‚ these are the strong allegations that Nike Inc. has been blamed upon where lives are at risk‚ all for the production of sporty shoes and equipment Nike since the early 1970’s has been accused many times for enacting unethical OHS matters in many of their factories worldwide‚ by opening
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CASE 3.4 Continued Growth for Zara and Inditex CIRCA 2008 ARTEIXO‚ Spain¡ªZara stores have set the pace for retailers around the world in making and shipping trendy clothing. Now Pablo Isla‚ chief executive of parent company Inditex SA‚ says Zara needs to speed up. As rivals catch up‚ Mr. Isla is attempting one of the fastest global expansions the fashion world has ever seen‚ opening hundreds of new stores and entering new markets. To do that‚ as an economic downturn threatens
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