MSc(Engg)‚ MBA‚ PhD(Mgt) Professor Human Resource Strategy HR strategy is designed to develop skills‚ attitudes & behaviors among staff that will help the organization meet its goals HR strategy consists of principles for managing the workforce through HR policies and practices It covers various areas of human resources functions: recruitment‚ compensation‚ performance management‚ reward‚ recognition‚ employee relations and training Human Resource Strategy (Contd.) HR strategy must
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can affect its operation.The business environment consists of the actors and forces that affect an organization’s ability to develop and maintain business with its targeted customers. These are the Micro Environment‚ the Macro environment and the internal environment.The micro-environment of an organization can best be understood as comprising all those other organizations and individuals who directly or indirectly affect the activities of the organization. The following key groups can be identified
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between personnel management and human resources management 1.1 Distinguish between Personnel management and human resource management…………………………………………………………………………………………….. 1.2 Assess the function of the human resource management in contributing to organizational purposes 1.3 Evaluate the role and responsibilities of line managers in human resource management…………………………………………………………………………………… 1.4 Analyse the impact of the legal and regulatory framework on human resource management…………………………………………………………………………
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* IHRM as a key factor in the success of international business. * An overview of domestic HRM and discussion on what is different in IHRM. * What are the key elements of “best practice” in HRM? * To what extent are the principles of managing people universal and to what extent culture specific? * Inter-cultural or International? * Do we have a strategy for becoming an international firm? * What type of managers will we need to be successful? * How can I find out about
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Critical evaluation of the three approaches to International Human Resource Management A review of literature on international HRM reveals three different approaches (Dowling et al.‚ 1999‚ p.2): Comparative‚ Cross-cultural and multi-national. Firstly‚ according to Adler (1997)‚ the early approaches to researching international HRM focused on cross-cultural differences and examination of human behaviour from an international perspective. Certainly‚ research on cross-cultural organizational behaviour
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* HUMAN RESOURCE MANAGEMENT “A strategic and coherent approach to the management of an organization’s most valued assets”- the people working there who individually & collectively contribute to the achievement of its objectives. An organization is made up of resources Men‚ Machine‚ Money‚ Material & methods. Of these the first one is living i.e human & other three are non living i.e non-human. It’s the human resources therefore that activate other resources. Hence‚ it’s the human or people that
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1-pepsico External Environment Consumers today are not as much joyous to cola products as they were before. Age and ethnicity are two main characteristics that affect consumer preference for soft drinks and alternative beverages. With age‚ health concerns become more of a factor when choosing a beverage. To illustrate‚ some studies show that cola products or soft drink in general may cause kidney stones and other related diseases. In contrast to older consumers‚ younger consumers—particularly
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HUMAN RESOURCE MANAGEMENT Part A (Each 15 Marks) 1) Describe the native and importance of employee selection. Explain briefly the steps involved in selection process => JUNE 2010. 2) How can Performance Appraisal be made more effective? Discuss => JUNE 2010. 3) Discuss the scope and significance of human resource Management => JUNE 2010. 4) What are the objectives of human resources planning? Illustrate with examples the process of man power planning
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Human Resources Management Description of Organization and Human Resource Topic Canadian Tire‚ a leading retailer since 1922‚ provides products and services ranging from automotive‚ hardware‚ sporting goods‚ apparel‚ gas bar‚ and financial services. With 1‚700 retail and gasoline outlets‚ across Canada‚ Canadian Tire employs approximately 68‚000 employees. This Canadian retailer creates competitive advantage by owning 5 companies (Part Source‚ Canadian Tire Financial Services‚ Marks Work Warehouse
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HUMAN RESOURCE MANAGEMENT UNIT 1 Human Resource Management (HRM) comprises of planning‚ organizing‚ directing‚ controlling for procurement(recruitment and staffing)‚ development‚ compensating and maintenance to achieve individual objectives‚ organizational objectives and societal objectives. HRM is the process of managing people in organizations in a structured and thorough manner. HRM is the organizational function that deals with issues related to people such as compensation‚ hiring‚ performance
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