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 15 2.4.6 Some Real world examples of Successful firms
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when the industrial revolution took place. Its creation was based upon the reaction to the harshness of industrial conditions. Welfare Tradition: Was the first form HRM and in 1833 the factories act stated that there should be male factory inspectors‚ its first act came into effect in 1878 which was to regulate the hours of work for children and women by having a 60 hour week. Industrial relations: Really started when Trade unions where legalized in the U.K back in 1871‚ industrial relations
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Chapter 1: The Strategic Role of HRM ENVIRONMENTAL INFLUENCES ON HRM Internal Environmental Influences • ORGANIZATIONAL CULTURE: core values‚ beliefs‚ and assumptions that are widely shared by members of an org Serves variety of purposes: - communicating what org “believes in” and “stands for” - providing employees with sense of direction and expected behaviour (norms) - shaping employees’ attitudes about themselves‚ org‚ and their roles - creating sense of identity‚ orderliness‚ and
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something like that of a democracy (voting). Others wanted change economically and technologically. They wished for a policy to encourage industry. In commercialization‚ business people improved tremendously‚ while aristocrats did not do so much improvement‚ or even maintain stability‚ at all. Socially‚ during industrialization‚ the social status and importance of aristocrats changed; value did not depend on birth but on money. Also‚ after around
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Telecommuting Increases Productivity Telecommuting‚ also known as work-from-home‚ is a common practice among many business firms. In many articles‚ authors claim that telecommuting makes noticeable contribution to companies‚ increasing productivity by around 15%-50%. However‚ to some CEOs‚ telecommuting is not an attractive option. They think that most people exaggerate the significance of telecommuting because they worry about losing direct control over the employees. Actually‚ telecommuting can significantly
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Evolution of HRM • History – MANAGEMENT – MAN MANAGEMENT • Approaches • Difference in Personnel Management and HR • EXAMPLES OF MANAGEMENT PRACTICES TROUGHTOUT HISTORY • Ancient • Medieval • Modern History Of HRM • Industrial Revolution – Advantages and Disadvantages • Trade Union Era – World War and Post World War • Social Responsibility – Paternalistic Approach • Scientific Management – F. W Taylor – Henry Fayol History Of HRM • Industrial Psychology – Human Factor –
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There are several advantages of trade. From increasing living standards and ~~~. However‚ it is not just living standard that increases - more trade also increases the possibility of trade disputes. International trade disputes can occur when nations do not like the terms of a trade agreement or disagree with policy changes a trading partner has made. The WTO is run by its member states. All major decisions are made by the membership as a whole‚ whether by ministers or by their ambassadors or delegates
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CHANGING ROLE OF HRM In an organization‚ there are tall people‚ short people‚ fat people‚ thin people‚ black people‚ white people‚ elderly people‚ young people and so on. Even within each category there are enormous individual differences. Some will be intelligent‚ others not so intelligent‚ some are committed to jobs‚ others are not‚ some will be outgoing‚ others reserved and so on. “The point is that these differences demand attention so that each person can maximize his or her potential‚ so that
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HISTORY OF HRM HRM is traced back to the 19th century with the beginning of the Welfare System. The Welfare System was an important development in terms of voluntary initiatives undertaken to improve conditions of factory workers‚ in relation to pay‚ working hours and health and safety. The voluntary initiative originated from Quakers. Welfare officers were appointed and became the forerunner to HR practitioners. The early 1900’s saw the appointment of welfare officers in Irish companies
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How disciplined are you about your early-morning routine? If you want to maximize your success while achieving the best possible balance in your life‚ you may want to take a fresh look at what time you wake up and what you do with your time before getting to the office. A Wakeup Call Last week‚ I contacted some of the business leaders I greatly admire and inquired about their early-morning schedules. Specifically‚ I asked 20 CEOs and top executives what time they wake up‚ when they have
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