... | | |Human Capital Management | Copyright ©2011 by University of Phoenix. All rights reserved. Course Description This course prepares students to address the concepts of personnel development as managers. Students learn criteria for developing effective job analysis, appraisal systems, and appropriate career development plans for employees. Other topics include personnel selection, employee compensation, benefits, training, workplace diversity, discipline, employee rights, unions, and management behaviors. Policies Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents: • University policies: You must be logged into the student website to view this document. • Instructor policies: This document is posted in the Course Materials forum. University policies are subject to change. Be sure to read the policies at the beginning of each class. Policies may be slightly different depending on the modality in which you attend class. If you have recently changed modalities, read the policies governing your current class modality. Course Materials Cascio, W. F. (2010). Managing human resources: Productivity, quality of work life, profits (8th ed.) New York, NY: McGraw-Hill/Irwin. All electronic...
Words: 3395 - Pages: 14
...PROFITS=BIGGER GIFT/FATTEST PENSION) , a republic bank worker after 30 years service gets an average MONTHLY PENSION OF $2,400.00 and a pat on the back.” It is headlines like the one stated above that continues to bombard the media in recent times. Executive remuneration is one of the most hotly debated topics in the Human Resource (HR) world. Bergmann and Scapello (2002) argue that during the reign of Julius Caesar, centurions received attractive incentives. However, they stressed that longevity of an idea does not mean a lack of controversy surrounding it. In the aftermath of the financial crash and recession 2007-2009, the debate of the executive compensation again has surfaced to the forefront by the media and became the hot issue for academicians, researchers, regulators, policy makers and public. The purpose of this paper is to clearly discuss the issue of executive compensation by presenting arguments for and against it. While there has been an undisputed escalation in Chief Executive Officers (CEOs) pay and in comparison to the earnings of “average” workers over recent decades, academic researchers have taken positions on both sides of the debate. This paper would, therefore, provide a brief review of the basic frameworks within which CEO pay is viewed, and presents the principal arguments characterizing this debate. My OPINION WOULD FOLLOW. BRIEF BACKGROUND As mentioned previously, Bergmann and Scarpello (2002) stated that executive...
Words: 1438 - Pages: 6
...Abstract. This paper tries to emphasize why in the era of globalization human resources are viewed as a source of competitive advantage? Therefore, the aim of this paper is to reveal that human resources management is essential to ensure the success of any organization which is based on the belief that an organization gains competitive advantage by using its people effectively and efficiently. Regarding this new challenge of HRM, this paper strives to identify whether the HRM can be considered as a source of competitive advantage of the firms or not? Finally the result of this study highlights the value of human resources (HR) and its strategic activities which have an influence on organizations performance and competitive abilities. 1. Introduction The term ‘human resource management’ (HRM) is simply the reflection of three words that does not provide much enlightenment. Where, ‘human’ implies it has something to do with people; ‘management’ places it in the domain of business and organization; but ‘resource’ is a highly ambiguous concept that many people find difficult to relate to [1],[2]. Now the question arises what exactly is the ‘HRM’? According to Storey [3], HRM is a distinctive approach to employment management which seeks to achieve competitive advantage through the strategic development of a highly committed and capable workforce. On the other hand, concerning to HRM, American Management Association (AMA), mentioned it can be described as the organizational function...
Words: 2715 - Pages: 11
...HUMAN CAPITAL (A Reflection Paper) Human capital is just one of an organization’s intangible assets. It is basically all of the competencies and commitment of the people within an organization i.e. their skills, experience, potential and capacity. Other examples of intangible assets include: brand, software, design, working methods and customer relationships. The human capital asset captures all the people oriented capabilities we need for a business to be successful. It’s important to remember, however, that individuals are only an asset insofar as they choose to invest their human capital in an organization. Some people find the term Human Capital somewhat mechanistic, but human capital is not about describing people as economic units, rather it is a way of viewing people as critical contributors to an organization’s success. This then throws the spotlight on how businesses invest in their human capital asset, in order for it to add value. For any commercial organization, this is an important component to understand. If a company understands how its human capital contributes to their business success, it can then be measured and managed more effectively. Human capital management is a reciprocal relationship between supply and demand: employees, contractors and consultants invest their own human capital into business enterprises and the business enterprises need to manage the supplier. Any organization interested in its performance will naturally ask how well they...
Words: 866 - Pages: 4
...Team D's Week Five Reflection Paper Human Capital Management HRM/531 Team D's Week Five Reflection Paper Continual training and development of employees from low-level to high-level is an integral part of an organization reaching for and achieving its goals. In order for an organization to be successful, collaboration between individuals and departments is imperative. Organizations may have their standard training and development programs to assist employees in reaching their ultimate level of performance; however monitoring of performance is necessary to ensure individual and organizational goals are met. The process of assessing an employee’s performance, managing employee opportunities and identifying areas of weakness is evaluated and handled in the performance improvement plan (PIP). The PIP spells out the areas of need, determines goals to improve these areas, and develops training and educational needs associated with successful performance enhancement development. The PIP addresses both the areas of behavioral and performance. In the reflection, Team “D” will address training and development and the PIP process in more detail to gain a better understand of the process. Assessing, implementing, and re-evaluating behaviors and goals will be addressed. Training and development of an employee are closely related but also very different. The goal is to achieve the tasks the organization requires and improve upon productivity and efficiency. The training...
Words: 781 - Pages: 4
... Analytical Skills Analytical skill building helps to improve your critical reading, writing and thinking skills. In unit 2 Case Study B, I evaluated a situation where an employee was upset with his employer’s treatment of its employees. In analyzing the situation, I was able to come to an understanding of how best the company should respect Mr. Lopez’s rights and moral dignity as an employee by using consequential reasoning: A company should take whatever steps necessary to respect the rights and moral dignity of its employees. As a business organization, a company should consider that their employees are the foundation of their enterprise and the way they are respected and treated within the organization will have a direct reflection in productivity. Expectations and guidelines should be clearly stated within the corporate code of conduct and ethics policy...
Words: 3992 - Pages: 16
...This critical reflection will analyse my developing understanding of multicultural capital and the perspectives from the relevant readings. It will also reflect on my own personal and professional implications formed through the collaborative concept teaching activity. The reading Matas & Bridges (2009) explores the importance of implementing multicultural frameworks in schools in order to contribute to the modern nation’s overall success. The purpose of the research in this paper is to investigate how culturally proactive educational institutions are, as they have the opportunity to support and promote culturally and linguistically diverse communities to bring a transformative change in preparing citizens (Matas & Bridges, 2009). The main perspective formed in this reading suggests that in today’s society, the ability to move across cultures and languages determines an individual’s ability to succeed. By incorporating multicultural capital frameworks, it allows us to seek understanding of how schools and other educational institutions can prepare students for the real world (Matas & Bridges, 2009). Matas & Bridges (2009) focus on a multicultural capital...
Words: 535 - Pages: 3
...Introduction Human beings as a rational animal set laws, rules and regulations which can enable them to maintain the smooth running of their associations and/or states. Members of a given society, however, may violate the law because of political, religious and ideological interests while others can act against it to satisfy their material and emotional needs. In this case, the state has the responsibility and the legal authority to punish the criminal or groups of criminals based on the given law. The punishment of the criminals may vary from simple fines and imprisonment to sever torture and the deprivation of life. Capital punishment or the death penalty has existed as part of the human justice system since ancient times. In these earlier periods people were sentenced to death as a punishment for crimes considered as first degree offenses by the state. These crimes were most of the time political as well as religious and the method of execution, in addition to different brutal ways, was mainly beheading. With additional types of crimes resulting in capital punishment and more sophisticated methods of execution, the death penalty has continued to be practiced in the 21st century. However, capital punishment, especially after the Universal Declaration of Human Rights in 1948, has became an issue of greater debate among states, human right organizations and other nongovernmental organizations. Since 1948, the number of countries employing death penalty is decreasing and currently...
Words: 4873 - Pages: 20
...International Journal of Academic Research and Reflection Vol. 2, No. 2, 2014 INTEGRATING STRATEGIES OF ENTREPRENEURSHIP-GOURMET PAKISTAN: CASE STUDY FROM PAKISTAN Dr. Fareeha Zafar University of derby, England & GCU, Lahore, Pakistan Email: dr.f.zafar@gcu.edu.pk Shakeel Ahmad, Muhammad Ali Zafar & Sara Sheikh Ms- Management, Institute of Business & Management, UET, Lahore, Pakistan Corresponding Author Email: alizafar123@hotmail.com ABSTRACT This paper aims to get to know how integrating strategies boost up entrepreneurship. The study has shown that the dynamics of prevailing market structure, Applying creativity to develop innovation, culture, entrepreneurial leadership, economic transition, networking structures its stages and management resources are key integrating strategies for entrepreneurship. Moreover, capital and tax polices play a vital role in boosting up entrepreneurship. Study of Gourmet Pakistan gives strong support that mentioned strategies boost up the entrepreneurial process. The research methodology used in this paper is face to face interview, financial reports & official website of Gourmet Pakistan. Keywords: Innovation, Entrepreneurial Leadership, Networking, Technology. INTRODUCTION The term entrepreneurship cover a broad range of activities and processes, including innovation and creation of an organization, creation of new visions exploration of opportunities and risk taking asserts the essence of entrepreneurship is innovation...
Words: 4592 - Pages: 19
...AFT3073 – RESEARCH METHODOLOGY |GROUP ASSIGNMENT (25%) – RESEARCH TERM PAPER TOPICS | |Current Strategic Management Issues | |This course assignment is a term paper on current strategic management issues. Possible themes/issues for your research term paper | |include (but are not limited to) the following: | |Ethics and Corporate Citizenship Themes | |Understandings of corporate citizenship | |Links between ethics and corporate citizenship | |Performance measurement | |Accountability and governance | |Stakeholder engagement, consultation, reporting and governance | |Corporations, territory and governance ...
Words: 663 - Pages: 3
...Traditional/Conventional Models University of Phoenix PHL717 Constructing Meaning 11-25-2006 This paper will compare and contrast a selected foundational philosophy of management theory to that of a more modern one. The comparison will entail a personal understanding of the evolution of management thought as it is represented in the philosophies under analysis. Personal view would indicate or relate the thought that “I believe that the task of any theory of managing is to produce generalizations that are actionable by managers in everyday life and that as managers use such generalizations, they create opportunities for robust tests of their validity. The business of science and the business of managing are not separable” (Argyrols, 1996, p. ?). While personal reflection shows that each chosen theory can correlate into the business world of today, as commonalities can be examined, each hold a number of differences that illuminates the individuality of the theory and the times in which the theory originated or was prominent. For this paper there will be a look into organization theory in part as portrayed by Peter Drucker from a modern perspective and a science management theory as devised by Frederick Taylor. In today’s organizational society there is a push for organizations to become more in line with a true learning organization, which essentially separates from the more mainstream or traditional authoritarian and controlling philosophy to that of a behavioral...
Words: 1157 - Pages: 5
...INTRODUCTION This essay seeks to show an understanding of the interface between economic growth and economic development and offer recommendations of what a country like Zambia needs to do in order to achieve them. Firstly this essay will define terms such as development, economic growth as well as economic development. It will then proceed with a brief discussion of the various measures of development, and show why the human development index, has in recent years become a widely accepted measure of development. This essay will then highlight the interface between economic growth and economic development and finally offer resolutions of what a country like Zambia needs to do in order to achieve both economic growth and economic development before drawing to a conclusion DEFINITIONS Development: Development according to Todaro (2003,16) “must be conceived of as a multidimensional process involving major changes in social structures, popular attitudes, and national institutions, as well as the acceleration of economic growth, the reduction of inequality, and the eradication of poverty”. He further went on to explain that development, in its essence, must represent the whole range of change by which an entire social system, tuned to the diverse basic needs and evolving aspirations of individuals and social groups within that system, moves away from a condition of life widely perceived as unsatisfactory toward a situation or condition of life regarded as materially and spiritually...
Words: 3517 - Pages: 15
...would slowly hit the brake. Corporations and their marketing departments are very experienced at getting inside the minds of consumers and use that as an advantage to increase profits. Imagine the world's biggest and most powerful oil company launching its new TV ad promoting natural gas development and its name brand by claiming "natural gas is one of the world's cleanest fuels"(Brand Republic). The ad definitely seems to be convincing and valid, thus, luring consumers into choosing natural gas instead of other energy alternatives. Many adults are more inclined to buy eco-friendly product even if they would pay more for them .That’s the reaction ExxonMobil seeks: the thoughts of doing something good in connection with environment, and human rights, etc. However, is this really is the whole truth? There are raised questions whether or not the ad's claim is just an overstatement or possibly straight wrong and misleading. The ASA agreed and decided to ban ExxonMobil's ad for such reason. However, the damages are done: ExxonMobil had put the idea of natural gas being a “clean”...
Words: 1858 - Pages: 8
...Office of Human Resources Diversity & Inclusion Activities Diversity and Inclusion activities are simple ways to get people talking and listening to one another. It is only through understanding each other that we truly gain knowledge and can move forward together. While we can’t always walk in someone else’s shoes, we can take the time to inquire about how the shoe fits and if its path is smooth or riddled with pebbles. Social Justice • PO Box 6031, 412 Knapp Hall • Morgantown, WV 26506 • 304-293-8948 http://socialjustice.ext.wvu.edu/ Objectives Office of Human Resources There are many reasons you may choose to use and icebreaker or activity: to warm up or relax your group, to bring your group back together after a break or intense session, to introduce the next segment or to present your group with challenges that, as a team (together or divided into small groups or teams), your group must either overcome or address. Age & Appropriateness Icebreakers and activities are adaptable to your group and situation. When considering an icebreaker or activity, be sure to keep specifics about your group in mind, such as age and meeting focus. Please don’t overlook an icebreaker or activity because you think the group is too mature for it. Many groups, once aware that it’s ok to relax and have fun, will enjoy the experience of “being able to let go,” if only for a moment. Icebreakers Icebreakers are exercises that are intended to help a group of people begin the...
Words: 5524 - Pages: 23
...member. However, Cambodia is not ready for AEC in 2015 given its development status compared to the six older ASEAN members, because there are many constraints that Cambodia needs to address if it wants to have a successful integration into AEC 2015. While the quality of the Kingdom’s agricultural products and garments and textiles is sufficient, the quality of some other products is not so good. So, what pros might Cambodia get from ASEAN? First of all, human Resource in one nation is very important to develop the nation. After Khmer Rouge regime, nearly two million Cambodians including intellectuals, skilled workers, and ordinary people were killed and died of diseases and starvation. Also, the civil wars still existed for another decade long. Consequently, Cambodia has lacked human resources which are catalysts for development and modernization. Moreover, compared to ASEAN members, Cambodia human resources are still vulnerable and have a certain, specific limitation for regional economic competition. Simply put, lack of human resources leads to lack of...
Words: 1293 - Pages: 6
