...Copyright Notice Staff and students of University of the West of England are reminded that copyright subsists in this extract and the work from which it was taken. This Digital Copy has been made under the terms of a CLA licence which allows only students registered for the named module to: View and download a copy; Print out a copy. Please note all other staff and students are only entitled to browse the material and should not download and/or print out a copy This Digital Copy and any digital or printed copy supplied to or made by you under the terms of this Licence are for use in connection with this Course of Study. You may retain such copies after the end of the course, but strictly for your own personal use. All copies (including electronic copies) shall include this Copyright Notice and shall be destroyed and/or deleted if and when required by the University of the West of England. Except as provided by copyright law, no further copying, storage or distribution (including by e-mail) is permitted without the consent of the copyright holder. The author (which term includes artists and other visual creators) has moral rights in the work and neither staff nor students may cause, or permit, the distortion, mutilation or other modification of the work, or any other derogatory treatment of it, which would be prejudicial to the honour or reputation of the author. Designated person authorising scanning: Anne Petrie Module: Managing Human Resources Module no: UMPCYC-15-M ISBN/ISSN:...
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...States. According to the website, Reed Hastings and fellow software executive Marc Randolph co-found Netflix in 1997 to offer online movie rentals. Each year since, they have tried to remain up-to-date with technology and tapping into new markets to stay ahead of their competition. Case Study Analysis – Netflix: Push and Pushback in Streaming Video Like most organizations in today’s business world, there are challenges that must be faced. Netflix has transformed their business model from DVD rentals to subscriptions for online streaming. In doing this, they have encountered some challenges. It’s important for the company to keep moving forward and grow their business to stay successful in today’s growing technologically dependent world. Four Major Challenges Online streaming video appeals to a young audience that is difficult to reach on traditional television owing to their light television viewership and heavy usage of technology to avoid advertising (Kelty, 2011). Because more people are using their mobile devices, gaming systems, and tablets, the first challenge Netflix faces is their ease of access to their streaming service. Being user-friendly is crucial to the success of Netflix. To address this issue Netflix first must ensure their service is accessible to the customers. Consumers have so many choices today of what kind of device they would like to use. Netflix must build relationships with companies like...
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...three, five, and ten years- I felt that I could do more than that in this paper. My finished product is a cursory overview of some of the roles and functions of Human Resource Management. I cover challenges in the industry/role, trends in the Human Resource segment of the employer market, and finally give a review of job prospects per the initial assignment. I believe that by producing a finished product with this scope and depth, I have learned much more than I would have by simply drilling down to the job prospects data. The first areas I provide commentary on are challenges that Human Resource Managers face on a daily basis in their job duties, specifically: * Challenge #1- Leadership Development * Challenge #2- Retaining and Rewarding the Best Employees * Challenge #3- Development of a Positive Corporate Culture Next, I transition to covering three interesting trends/innovations that Human Resource Management needs to understand to be successful in the workplace today: * Trend & Innovation #1- Employee Loyalty and Methods to Establish * Trend & Innovation #2- Work/Life Balance and Strategies * Trend & Innovation #3- Growing Diversity in the Workplace Third, I dive into data that shows the job trending for Human Resource Management: * General prospects for Human Resource Management * Prospects for the target state of Minnesota * Prospects for the target state of South Carolina * Comparative data examining the job prospects...
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...Tiffany Ling-Vannerus MANAGERIAL FINANCE Individual Assignment Part II Tiffany Ling-Vannerus MANAGERIAL FINANCE 08 Fall 08 Fall Table of Contents RNB and the changing market 3 Sustainability issues in focus 4 Sales and Earnings 4 Financial Structure 5 Financial risks 6 Strategic and operational risks 6 Third Quarter, March 1, 2013 – May 31, 2013 6 Outlook 7 It has been an eventful but challenging year for RNB as the market has been characterized by increasing competition from e-commerce players and a continued weak market trend. They managed to secure the Group’s financial platform through a rights issue in the spring, while renegotiating the terms of their loans. Concurrently, they have continued their intensive restructuring efforts. This work has resulted in the sale of Kosta, and the closure of the Sisters concept has been initiated. However, the major activity has been the strategic review of the business concept in JC. RNB and the changing market Market conditions during the fiscal year 2012/2013 got even tougher with relatively weak consumer confidence and negative growth for the third consecutive year in comparable stores, with increasingly aggressive offers from e-commerce players, with segment substitution between the sportswear and clothing trade, combined with excessive product supply that is aggressively fighting over shrinking demand with net prices falling as a consequence. For the Group, the challenges facing the respective concepts...
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...their wings globally through mergers and acquisitions. During the first four months of 1997, Indian companies have bought 34 foreign companies for about U.S. $11 billion dollars. This impressive development has been due to a growth in inputs (capital and labour) as well as factor productivity. By the year 2020, India is expected to add about 250 million to its labour pool at the rate of about 18 million a year, which is more than the entire labour force of Germany. This so called ‘demographic dividend’ has drawn a new interest in the Human Resource concepts and practices in India. This paper traces notable evidence of economic organisations and managerial ideas from ancient Indian sources with enduring traditions and considers them in the context of contemporary challenges. Intriduction Over many centuries India has absorbed managerial ideas and practices from around the world. Early records of trade, from 4500 B.C. to 300 B.C., not only indicate international economic and political links, but also the ideas of social and public administration. The world’s first management book, titled ‘Arlhãshastra’, written three millennium before Christ, codified many aspects of human resource practices in Ancient India. This treatise presented notions of the financial administration of the state, guiding principles for trade and commerce, as well as the management of people. These ideas were to be embedded in organisational thinking for centuries (Rangarajan 1992, Sihag 2004). Increasing...
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...Summary Jordan Cohen, a senior director at the global pharmaceuticals company Pfizer, realized that a lot of skilled employee time was in effect “wasted” on routine tasks such as using Excel and PowerPoint and doing basic research. The PfizerWorks team managed to do what many consider an impossibility to devise a successful innovation from the bottom up in a big company. It was possible because Mr. Cohen already had years of experience in the company, so he could understand and navigate general company politics. Lone, obsessive geniuses may do well in a garage start-up but, in big companies, to make innovation happen, the manager first needs to embrace both the corporate machine and the people in it. On a personal level, Mr Cohen had a keen grasp of his shortcomings and knew when to recruit different thinkers for his team. He understood the iterative nature of the innovation process, accepting that nothing is perfect in the beginning. As a result, while Mr Cohen did run some personal risks in undertaking such a project in this way, he minimized the risks through a careful management of the various stakeholders and created his dream job as head of PfizerWorks. Discussion question 1. Pfizer is the world’s largest research-based pharmaceuticals firm and also a well known Pharmaceutical company. So their most of the work depends on research, developing Strategies and innovate. They were trying to find a new way of system...
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...Google started with 20 employees in 1988 and since then, the company has grown to more than 20,000 employees worldwide, with a management team that represents some of the most experienced technology professionals in the industry 2000. Google attraction was not just its innovative technology in web browsing or it is lucrative return on employment that engineers and other people sow, it was a culture that the founders has created, embraced and emphasized as a unique way or working and producing efficiently, they have created a new working environment that is now a culture called the Google Culture. What is this culture that is praised by many and citizen by other? Culture refers to an organization's values, beliefs, and behaviours. In general, it is concerned with beliefs and values on the basis of which people interpret experiences and behave, individually and in groups. Usually in most cases, a company is a reflection of its owner and later on its shareholders but in our case it is a pure reflection of Larry Page and Sergey Brin and how they wanted their company to be and their working environment to look like. So, they have both adapted and created a series of steps that eventually create this Google culture that is based on The company is based on core foundation of emotional intelligence &...
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...Introduction To Human Resource Management ↓ Every business unit needs human resource (manpower) for the conduct of different business activities. In fact, no organisation can exist or operate efficiently without the support of human resource. Such human resource includes top level managers, executives, supervisors and other subordinate / lower level staff / employees. A business organisation has to estimate its future manpower needs and adjust its manpower planning and development programmes accordingly. This is called 'staffing' function of management. Human resource management is also described as personnel management or manpower management. According to Edwin Flippo, "Personnel Management is the planning, organising, directing and controlling of the procurement, development, compensation, integration and maintenance of people for the purpose of contributing to organizational, individual and social goals". Various areas such as recruitment and selection, wage payment and industrial relations are covered under human resource management. Meaning of Human Resource ↓ In an industrial unit, large number of persons are employed in order to conduct various operations and activities. This is treated as human resource or manpower employed. A business unit needs material resources as well as human resource for the conduct of various activities. Of all the "M"s in management (such as Materials, Machines, Methods and Money) the most important "M" stands for Men i.e., manpower...
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...I with My Job?, Am I Engaged? And How Are You Feeling Right Now? The manager identified the strengths and weaknesses of the employees based on the assessments and developed a management plan for the organization to best capitalize on the employees’ characteristics. The results of J. Aguilar assessments indicated a job satisfaction rating below the means, exhibited high engagement, and positive emotions during the assessment. Rick Smith scored higher than the means in job performance, demonstrated high engagement, and exhibited positive emotions. Janet Mills scored below the means in job satisfaction, is only moderately engaged, and expressed relatively neutral emotions during the assessment. Job Satisfaction Job satisfaction is the general attitude one holds about a job, which can dramatically affect the effectiveness and efficiency of the organization (University of Phoenix, 2011, Week One Reading). People who experience high levels of job satisfaction feel more positively about their jobs and usually reduce...
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...Behaviors and Allocation | Assignment 2 | Tomeka Lewis4/29/2012 | In today’s world of businesses and corporations, there is a common goal shared throughout every industry: increase profits. With increases in skills and developing methods, businesses have come far lengths in increasing their profits, or operating income. Controlling costs is the key to a positive operation. Executives and managerial branches are using what they know about costs to create business strategies. By gathering information on market demand and combining it with a marketing strategy that focuses on higher margin products, companies are able to continue and increase profits and survive. The Cost Volume Profit Analysis is the dominant and most cost efficient way of doing so. By understanding the economic concerns of cost structure, contribution margin, and break-even sensitivity, a business can create a decision model to enhance the company’s productivity. A brief outline is required in understanding the Cost Volume Profit analysis (or CVP) and creating a decision model. In a very general outlook, the CVP looks at how fixed, variable, and mixed costs change with changes in sales volume. The main goal is to determine what factors control costs and see how management can use this information to improve planning and control activity. The first step in any CVP analysis is picking an activity base relation to the nature of the company’s operation. For example, a retail operation may use output...
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...Development presented on 07/03 ) • Chapter 1 Overview • Work in the new economy is increasingly knowledge based, and people, with their capacity to bring valuable intellectual capital to the workplace, are the ultimate foundation of organizational performance. Challenges of working in the new economy • Today, individual and organizational success must be forged within workplaces that are constantly reinventing themselves. • Themes such as empowerment, involvement, participation, self-management, and teamwork are common, as people manage careers described as flexible and entrepreneurial. • Definition and Role of an Organization • An organization is a collection of people working together to achieve a common purpose. • Organizations are open systems. They interact with their environments in the continual process of transforming resource inputs into product outputs in the form of finished goods and/or services • The External Environment of Organizations • The following factors impact the general or macro environment in which the organization operates. They are: o Political, Economic, o Social, Technological, o Legal and Environmental. (PESTLE) • Management must constantly monitor general environmental trends, and must be ready to make required adjustments in the ways their organization operate so as to gain COMPETITIVE ADVANTAGE • The Specific (task) Environment • In the specific environment in which an organization operates, several stakeholder groups...
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...competitive global business landscape, the increasing demand for talented knowledge workers is primarily due to the increasing use of low cost production.?????? 4. The age gap in today's workplaces is one of the diversity issues that may create major challenges for managers. (true) The age gap in today's workplace is one of the diversity issues that may create major challenges for managers. 5 The recruitment and retention of talented workers is one of the major challenges faced by mangers in a globally competitive economy. ??????? 6. According to Katz's framework on essential managerial skills, low-level managers need to develop more conceptual skills then top-level managers. (false). Lower level managers need to consist of a lower level of conceptual skills then top-level managers, equivalent human skills and lower level managers need to consist of a higher level of technical skills then the top level managers. 7. What are the key conditions that describe the general business environment? The key conditions that describe the general business environment are: 1. Economic Conditions - Be concerned about the overall health of the economy meaning financial markets, inflation, income levels, GDP, unemployment and job outlook, customer spending, resource supplies and investment capitals 2. Legal Political Conditions - be concerned that they are following all he laws and not going against it 3. Technological Conditions...
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...Internship'Report' March' 2012! Internship!Report! KPMG!AG!Wirtschaftsprüfungsgesellschaft! Corporate!Finance!Department!–!M&A!Advisory! ! ! Frankfurt!am!Main,!Germany! 11.07.!–!09.09.2011! ! Johann!Rusche! CPR!Nr.:!310790D3819! BSc!International!Business!&!Politics! ! Academic!advisor:!Michael!Hedegaard! PreDapproved!to!be!creditDtransferred! ! ! ! ! ! ! ! ____________________! Johann!Rusche! ! Copenhagen,!22.03.2012! ! !! Tabs:!13,605! ! II! Table of contents I. KPMG at a glance p. 1 II. Key learning experiences p. 1 III. Analytical Description – Pitch Presentations p. 3 IV. Relation to the IBP program p. 5 V. Problems regarding the IBP curriculum p. 5 VI. Conclusion p. 7 Appendix IBP program structure Evaluation/ Internship Report by KPMG Important note: This internship was pre-approved to be credit-transferred with 15 ECTS. However, I am now only aiming at 7.5 ECTS, which also reasons the length of this report. ! ! Internship*Report* * KPMG*AG*Wirtschaftsprüfungsgesellschaft* * * I. KPMG'AG'at'a'glance' ' KPMG*AG*Wirtschaftsprüfungsgesellschaft*is*an*affiliated*company*of*KPMG*Europe*LLP* and*is*one*of*the*leading*auditing*and*advisory*firms*in*Germany.*Its*services*are*split*in* to* three* business* segments:* tax,* audit,* and* advisory* services.* KPMG* clients* include* business* corporations,* governments* and* public* sector* agencies* and* nonFprofit* organizations.* Around*...
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...BA9224 HUMAN RESOURCE MANAGEMENT UNIT 1 PERCEPTIVE IN HUMAN RESOURCE MANAGEMENT Human Resource Meaning: Human resources refer to the qualitative and quantitative aspects of employees working in an organization. Definition: “Human resources are considered as Human Capital. Human capital is classified under 3 categories- Intellectual capital, Social capital and Emotional capital. Intellectual capital consists of specialized knowledge, tacit knowledge and skills, cognitive complexity and learning capacity. Social capital is made up of network of relationships, sociability and trustworthiness. Emotional capital consists of self confidence, ambition and courage, risk bearing ability and resilience.” – Sumantra Ghosal. Human Resource Management (HRM) Meaning: HRM is a process of making the efficient and effective use of Human Resources so that the set goals are achieved. Definition: “Personnel management or say Human Resource Management is the planning, organizing, directing and controlling of the procurement, development, compensation, integration, maintenance and separation of human resources to the end that individual, organizational and social objectives are accomplished.” –Flippo. Differences b/w Personnel Management and Human Resource Management Dimensions | PM | HRM | Nature of relations | Pluralist | Unitarist or Neo-Unitarist | Perception of conflict | Conflict is institutionalized | Conflict is Pathological | Contract | Emphasis on compliance...
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...Accounting, Auditing & Accountability Journal Emerald Article: Sustainability accounting and reporting: fad or trend? Roger L. Burritt, Stefan Schaltegger Article information: To cite this document: Roger L. Burritt, Stefan Schaltegger, (2010),"Sustainability accounting and reporting: fad or trend?", Accounting, Auditing & Accountability Journal, Vol. 23 Iss: 7 pp. 829 - 846 Permanent link to this document: http://dx.doi.org/10.1108/09513571011080144 Downloaded on: 04-11-2012 References: This document contains references to 57 other documents Citations: This document has been cited by 12 other documents To copy this document: permissions@emeraldinsight.com This document has been downloaded 5947 times since 2010. * Access to this document was granted through an Emerald subscription provided by UNIVERSITI MALAYSIA TERENGGANU For Authors: If you would like to write for this, or any other Emerald publication, then please use our Emerald for Authors service. Information about how to choose which publication to write for and submission guidelines are available for all. Please visit www.emeraldinsight.com/authors for more information. About Emerald www.emeraldinsight.com With over forty years' experience, Emerald Group Publishing is a leading independent publisher of global research with impact in business, society, public policy and education. In total, Emerald publishes over 275 journals and more than 130 book series, as well as an extensive range of online products and services...
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