ANALYSIS OF THE REPORT 1. Current ratio The company in all the years will be able to meet its obligation‚ especially in 2013 2. Quick ratio Company is using its inventory efficiently during the year and meeting its long term expenses 3. Cash ratio Company has sufficient amount of cash to meet its requirements 4. Inventory turnover ratio The company in year 2013 is converting its inventory into valuable product and selling it more efficiently 5. Inventory Holding Period In year 2013
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Human Relations Theory: The foci of human relations theory is on motivation‚ group motivation and leadership. At the centre of these foci are assumptions about relationship between employer and employee. they were academic‚ social scientists their emphasis was on human behaviour within organisations they stated that people’s needs are decisive factors in achieving an organisation’s effectiveness they were descriptive and attempted to be predictive of behaviour in organisations A ’motive’
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TEACHING NOTE AIR DECCAN: REVOLUTIONISING THE INDIAN SKIES DVR Seshadri and Jane Henry∗ CASE FACTS Civil Aviation in India‚ since its inception‚ has been a mode of transport mainly for the elite‚ and it implies that it is within the means of affordability of less than 1% of the population only. The launch of Air Deccan in the last two years has changed this paradigm forever. The singular driving force behind this audacious venture is Captain Gopinath. Over the years‚ there have been many low-cost
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The HR profession map was created to assist the HR Practitioner serve the organization with HR best practices. By aligning organizational goals with providing the highest standards of successful competence‚ we ensure to deliver sustainable organization performance. The HRPM consists of ten professional areas out of which the first two are the most essential towards its successful implementation‚ eight behaviors and four bands. It describes what we need to do‚ what we need to know and how we need
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implementing strategies and policies relating to the management of individuals (i.e. the human resources). This function title is often abbreviated to the initials "HR". Human resources are a relatively modern management term‚ coined as late as the 1960s.The origins of the function arose in organizations that introduced ’welfare management’ practices and also in those that adopted the principles of ’scientific management’. From these terms emerged a largely administrative management activity‚ coordinating
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R H B Y P : E N PL W N Y I N A L K E R S O I N N G N P S S E C O R Introduction 01 Title Slide 02 Company Logo 03 Strategic Planning 04 HR Planning Process 05 External Analysis 06 Internal Analysis 07 Mission‚ Vision‚ and Values Strategy Formulation 09 Strategy Implementation 10 Evaluation 11 08 EXCELLENCE IN ALL THAT WE DO! STRATEGIC PLANNING Strategic planning supports the direction a company wants to take. This relates to the organization’s vision‚ mission and its
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Social Media in HR Means of communication has undergone major changes during last century. The growth has been from‚ communication through telegrams to telephones and currently an entire new series of technical wonders have replaced the earlier modes e.g e-mails‚ web chats‚ video conferencing‚ which in fact have brought people closer‚ in constant touch and made the world a small place to live. Now is the era of mass digitization with prolific use of ‘Social Media’. The use of technology to communicate
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Do you consider the metrics organizations measure to be valuable? In order to develop a valuable HR metrics/performance measurement system it is imperative that organizations focus on their competitive strategy and operational goals‚ and should clearly define what employee competencies and behaviors are required to attain the above objective. (Becker‚ Huselid‚ & Ulrich‚ 2001‚ p. 52) Metrics are valuable if the actions and decisions which develop the metrics also develop the firm’s strategic
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HR POLICY AND PROCEDURE MANUAL TEMPLATE Note: Delete this and the next 2 pages once you complete tailoring the template for your own business. Who should use this template? This manual is designed to be used by any Small business owner or operator who employs people in their business. Why use a HR policy and procedure manual? In short this manual helps you to establish robust structure and a basic set rules that you will use to manage your people on a day to day basis. This is important
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Assignment 5 Joanne Cope Unit Code – 4DEP Developing Yourself as an Effective Human Resource Practitioner (A.C.1.1) (a) The CIPD HR Profession Map (HRPM) was launched in 2009 but was made available to all Organisations and HR professionals in October 2012. www.cipd.co.uk It is used to help an individual to develop in their career and to help them prioritise their work load. It sets goals in order for them to move to the next band. It also helps an organisation to identify skills
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