Primary objective: Maximise shareholder wealth. Shareholder wealth is maximised by dividend payments and a capital gain through higher share price. Secondary objectives: Meet financial targets (e.g. satisfactory ROCE) Meet productivity targets Establish brands and quality standards Establish effective communication with customers‚ suppliers‚ employees. Why is Maximising Shareholder Wealth the Main Objective? 1. Wealth Maximisation Considers Cash Flows Shareholders of a company can realize
Premium Finance Stock Stock market
Organisational Behaviour Definition Organisational Behaviour is a field of study that investigates the impact that individuals‚ groups‚ and structure have on behaviour within organisation for the purpose of applying such knowledge toward improving an organisation’s effectiveness. Organisational Behaviour is a field of study that investigates the impact that individuals‚ groups‚ and structure have on behaviour within organisation for the purpose of applying such knowledge toward improving
Premium Motivation Management Leadership
Why is strategic HRM so important for organisations? Explain how strategic HRM can be facilitated and how it can contribute to an organisation. Strategic HRM: can be defined as the linking of human resources with strategic goals and objectives in order to improve business performance and develop organizational culture that brings up innovation‚ flexibility and competitive advantage. Strategic HRM involves setting employment standards and policies. Moreover it is not any particular human resource
Premium Human resource management Management Human resources
ORGANISATIONAL CULTURE -SWATI SISODIA swati.sisodia@nmims.edu What is Organisational Culture • The basic paTTern of shared values and assumpTions governing The way employees wiThin as organisaTion Think abouT and acT on problems and opporTuniTies A system of meaning shared by the organization’s members Cultural values are collective beliefs‚ assumptions‚ and feelings about what things are good‚ normal‚ rational‚ valuable‚ etc. Aspects of culture Values Symbols Customs Language
Premium Organizational culture Organizational studies
were treated with dignity‚ and helped them include significant aptitudes through work experience‚ work assignments and learning opportunity (Pride‚ Hughes‚ Kapoor‚ 2009). 2. Introduction Human Resource Management (HRM) is the
Premium Xerox Human resource management Management
TOPIC: CMMI Submitted to : Sir NAVEED BUTT Submitted by : M.HASEEB NASIR Roll no : 11014156-047 Department : BS-(IT) Section : (AF) Subject : Software Engineering University of Gujrat F.J campus Objectives: What is CMMI? What is its Frame Work? Explains its different levels with examples? What is CMMI? The Capability Maturity Model Integration (CMMI) is a capability maturity model developed by the Software Engineering Institute‚ part of Carnegie
Premium Capability Maturity Model
structure of organisation are ‘rational-legal’. He treated it as the dominant institution of modern society. He thought it is rational as the organisation is like a well-designed machine with a certain function to perform‚ and every part of the machine contributes to the attainment of maximum performance of that function under the structure of bureaucracy. (Pugh and Hickson‚ 1989) Also‚ hierarchy of authority is one of the crucial characteristics of bureaucracy‚
Premium Management Motivation Maslow's hierarchy of needs
human behaviour forecasting. The value system‚ emotional intelligence‚ organizational culture‚ job design and the work environment are important causal agents in determining human behaviour. Cause and effect relationship plays an important role in how an individual is likely to behave in a particular situation and its impact on productivity. An appropriate organizational culture can modify individual behaviour. Recent trends exist in laying greater stress on organizational development and imbibing
Premium Organizational studies and human resource management Organization Organizational studies
the main influences on how people behave in an organisation setting. Mullins (2008‚ p.4) defined organisation behaviour (OB) as ‘the study and understanding of individual and group behaviour‚ and patterns of structure in order to help improve organisational performance and effectiveness’. It comprises a synthesis of a variety of different theories and approaches. Therefore‚ this essay opens by briefly explore a number of interrelated disciplined to the study of organisational behaviour‚ before examining
Premium Psychology Organization Management
M.M Institute of Management MAHARISHI MARKANDESHWAR UNIVERSITY MEGHA MALIK Address: H.No. 532R Model Town‚ Yamuna Nagar (Haryana)135001 Email: malikmegha89@gmail.com Contact no: 9996154702‚ 9466247264 |Career Objective | To reach a responsible and challenging position in an esteemed organization that will allow to utilize educational and personal
Premium Supply chain management Management University