and Human Resource management. Ans. Distinction between Personnel management & Human Resources management The history of Human Resources management traces its roots to the erstwhile Personnel management that was prevalent in the companies of a few decades ago. Though the two terms ‘Personnel Management’ and ‘Human Resources Management’ are interchangeably used by most of the authors‚ there are key differentiators that make Personnel Management (PM) different from Human Resources Management
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Understanding Organisations and the Role of Human Resources 3HRC Introduction In this report I will aim to explain why the retention of the HR department in our organisation is essential. To illustrate this I will explain how 3 HR activities support the organisation’s strategy and explain 3 ways the HR professionals support line managers and staff. Findings HR department is important to overall success of organisation. I have identify three HR activities which support organisation’s strategy
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SUBJECT : HUMAN RESOURCE MANAGEMENT ASSIGNMENT TITLE : FUNCTIONS OF HRM SEMESTER : MARCH – JULY 2013 “ MH HOTEL ” PREPARED BY : WOON WANG THONG SHENG (03DIMT12-0077) LEE ZUN ONN (03DIMT12-0080) GOH TEIK HAN (03DIBA12-0177) ARTHUR CHIN CHEE HAO (03DIBA12-0178) PREPARED FOR : MR KARUSIVA Executive Summary Names of students that went to interview: Arthur Chin Woon wang thong sheng Goh teik han Lee zun onn Location:
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to the company’s ability to achieve a competitive advantage. • Distinctive Competency – An internal‚ value-creating activity that is unique and allows a company to achieve a competitive advantage. • Capability – A company’s ability to put its resources and competencies to productive use. Core competencies are rarely reliant on a single department – they are more likely to owe their existence to a strong collaboration between two or more departments. Strategically relevant competencies might include:
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two firms determines whether they are direct and immediate competitors. Resource similarity refers to how comparable the firm’s tangible and intangible resources are to a competitor’s in terms of both types and amounts. Firms with similar types and amounts of resources are likely to have similar strengths‚ similar weaknesses‚ and use similar strategies. Assessing resource similarity can be difficult if critical resources are intangible rather than tangible. Two firms will recognize their competitive
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The resource based view of the firm (RBV) deals with the concept that by understanding the internal resource base and core competences‚ the management of a business will be able to employ this specific knowledge to create and sustain a competitive advantage. The RBV promotes the idea of firm heterogeneity and the notion that the conscious and tacit development of idiosyncratic bundles of resources and competences will provide competitive advantage. This is in contrast to the traditional analysis
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Procurement is An Integral Part of Resource- Based View of An Organization Phuong Duong University College Dublin (12251697) 4112 words ABSTRACT Procurement has become an increasingly widespread practice among organizations and is today of strategic importance that attract
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Human resource is now becoming more and more important than it used to be. Human resource management refers to the policies‚ practices‚ and systems that influence employees’ behavior‚ attitude‚ and performance. In a company‚ a HR department is solely responsible for outplacement‚ labor law compliance‚ record keeping‚ testing‚ unemployment compensation‚ and some aspects of benefits administration. These factors all play critical roles in companies’ success. But I suppose that the top 3 areas of HR
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HRMANAGEMENT CASE HUMAN RESOURCE MANAGEMENT Includes: human resource planning; recruitment‚ selection‚ and hiring of new employees; the orientation‚ training‚ and appraisal of current employees; and employee remuneration‚ motivation‚ and retention. You are to assume the newly-created position of Human Resource Director for a medium sized firm with over 600 employees. The firm has experienced significant expansion in the past few years; the human resource department and its functions
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has to attain a practical exposure of an organization on live project in addition to his/her theoretical studies. This report is about the practical training done at PARLE-G PVT LTD´ during the curriculum of PGDHR from IIMT‚ Greater Noida. Human Resource Management is an approach to the management of people. It is the most important asset an organization has and their
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