Embracing Technological Advancements: Why We Must Upgrade Ourselves Technology has become an integral part of our daily lives in our rapidly evolving world. From smartphones and social media to artificial intelligence and automation, new technologies are continually reshaping the way we live, work, and interact. To thrive in this dynamic landscape, we must upgrade ourselves […]
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How to Listen to Non-Captivating Speakers Stay Open-Minded: Approach the situation with an open mind. Sometimes, what may seem tedious at first might have valuable insights if you’re willing to give it a chance. Set an Intention: Decide on a specific goal for listening to the speaker. This could be to find at least one
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What is Strategic Management? Strategic management (Academic Term) or Strategic Planning (Business Term) is the art and science of formulating, implementing, and evaluating cross-functional decisions that enable an organization to achieve its objectives. As this definition implies, to achieve organizational success, strategic management focuses on integrating: Management Marketing Finance and Accounting Production and Operations Research
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Internal Sources of Candidates: Hiring from Within the Company Advantages Foresight strengths and weaknesses of the candidate A more accurate view of the skills of the candidate A stronger commitment to the company by candidates Increases morale of the employee Less requirement of training and orientation Disadvantages Unsuccessful applicants become dissatisfied Time wasted interviewing inside
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The Recruitment and Selection Process Decide which positions have to fill through HR planning and forecasting. Build a pool of candidates for these positions by recruiting internal or external candidates. Have candidates complete application forms and perhaps undergo an initial screening interview. Use suitable selection techniques like tests, background investigations, and physical exams to identify
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Job Description The job description is a written statement of what the worker actually does, how work is performed, and what the working conditions of the job. Characteristic of a sample Job Description includes: Job identification Job summary Responsibilities and duties Authority of incumbent Standards of performance Working conditions Job specifications Job Identification Job title:
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Job Analysis It is the process to hire a person and determine the duties and skill requirements for a particular job position. Job Description It is one product of job analysis, a list of a job’s duties, responsibilities, reporting relationships, working conditions, and supervisory responsibilities. Job Specifications It is another product of job analysis, a
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Job Duties of HR Recruiters – searching for qualified applicants for the job position. Equal Employment Opportunity (EEO) Coordinators – Investigation and resolve EEO grievances, examine organizational practices for potential violations, compilation, and submission EEO reports. Job Analysts – Collecting and examining information about jobs to prepare job descriptions. Manager Compensation – Developing compensation plans
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Management Process Management process is the systematic combination of five basic functions, namely: • Planning • Organizing • Staffing • Leading • Controlling Human Resource Management (HRM) HRM is a name of Policies and Practices involving people or human resource aspects of a management position, including screening, recruitment, appraising, and rewarding. In other words, HRM
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The Employee Benefits Management, Job Satisfaction & Employee Retention Model The biggest challenge in organizations today is to retain talented employees. The rapid growth in the industries with high competition among the competitors, every organization tries to withhold their employees to get competitive advantages. As we all know employees are the most valuable asset of
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