...they always have a team to help with making decisions that drive the business. The teams may consist of human resources managers, operations managers, and financial accountants. Human resources managers also referred to as HR members are on front line of most organizations. They are responsible for hiring, compensation, benefits, training, and support. Their job advertisement is what’s showcased, and reviewed by any perspective applicant looking to seek employment within the organization. Human resources managers are highly qualified to recognize superior prospects to fill a specific role. Managers sometimes attempt to fill positions within the company, but to ensure that a skilled professional is chosen the human resources manager skills should be used. “Managers who conduct interviews often have little or no training in the process. This lack of training seems puzzling given the strong evidence that managers often commit numerous errors during the interview process and in making hiring decisions” (Camp, Schulz, Vielhaber, & Wagner-Marsh, Fall). Once an applicant is hired within the company, a salary is set. It is the responsibility of the HR personnel to compensate accurately, and in order to do his they must research and know the ongoing rate of professional alike. They must also make sure that payroll and benefits are handled appropriately. Another responsibility is...
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...Strategic Linkages Human Resource Management MGMT410 1. Why do you think it is important for HR to be a strategic partner to the business? Whenever an organization no matter how big or small makes its strategic decision to employ a sizable portion of its workforce from the contingency ranks, other Human Resources Management issues come to the head. This may include having virtual employees available whenever needed, or providing schedulling options that meet their needs, and making decisions about whether benefits will be offered to the contingent workforce. No organization can make the transition to a contingent workforce without sufficient planning. As such, when these strategic decisions are made, HRM must be an active partner in the discussions. After all, it is HRM’s responsibility to locate these temporary workers and bring them into the organization. Just as HRM has played an integral role in recruiting full-time employees, so too will it play a major part in securing needed just-in-time talent. Many companies today recognize the importance of people in meeting their goals. HRM must therefore balance two primary responsibilities: assisting the organization in its strategic direction and representing and advocating for the organization’s employees. Clearly, HRM has a significant role in today’s organizations. HRM must be forward thinking. HRM must not simply react to what “management” states. Rather, HRM must take the lead in assisting management with the...
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...Company Structure: The typically hierarchical arrangement of lines of authority, communications, rights and duties of an organization is called company structure or organisational structure. It determines how the roles, power and responsibilities are assigned, controlled, and coordinated, and how information flows between the different levels of management. A typical representation of an organisation structure is shown below: Managing Director: A Managing director or CEO is the highest-ranking corporate officer in charge of total management of an organization. An individual appointed as a CEO of a corporation, company, organization, or agency typically reports to the board of directors. Typically, the CEO/MD has responsibilities as a director, decision maker, leader, manager and executor. The communicator role can involve the press and the rest of the outside world, as well as the organization's management and employees; the decision-making role involves high-level decisions about policy and strategy. As a leader of the company, the CEO/MD advises the board of directors, motivates employees, and drives change within the organization. As a manager, the CEO/MD presides over the organization's day-to-day operations. There are different management positions depending upon firms products, and/or Geographic units and of functional executives Chief Operating Officer (COO), Chief Finance Officer (CFO), Chief Information Officer (CIO), Chief Technology Officer (CTO), Chief...
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...banks, with foreign investments. MNCs produce for a number of local markets according to local tastes and regulations. The MNC is structured like a federation with one headquarter and many more or less autonomous national divisions. Knowledge about the local situation, gives local managers a powerful say in the running of the MNC. It is, oftentimes, being referred as Global Companies or Transnational Companies. However, there are also differences with these three terms. Global companies produce for the world market. Production takes place where it can be done cheapest. The company is not organized according to country, like a MNC, but according to products. Management is highly centralized. The products are not designed to cater for specific local tastes. The attractive feature of the products of global companies is their price, since the standardized and high volume production methods make it possible to produce cheaply. The product division managers have the power in a global company. On the other hand, a transnational company (TNC) is a business which manages foreign direct investments and produces goods or services in more than one country. TNCs are important global players with considerable resources. TNCs are less-tied to one mother country and becoming more invisible. TNC try to combine the market specific approach of MNCs and the standardized production methods of the global companies. The management is therefore organized along country management and product...
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...Ethics In Human Resource Management Alisha Wood Saint Augustine’s University Ethics and Human Resource Management Wikipedia, defines ethics as: "…a study of values and customs of a person or a group. It covers the analysis and employment ofconcepts such as right and wrong, good and evil, and responsibility." Wikipedia, defines utilitarianism as: “…ethical doctrine of greatest good. The ethical doctrine that the greatest happiness of the greatest number should be the criterion of the virtue of action The complexities of business and our human/social society makes corporate ethics a very interesting study. To a practicing manager in the working world today, this becomes critically important, especially if they don’t get it! And many obviously have not and still do not. The questions are really simple to ask - yet hard to answer: What does good business today really mean? What does ethics have to do, if anything, with good business? What impact can the human resource function have on either? Within business, what is my responsibility as a human resource professional? Corporate social responsibility (CSR) is known as one of the areas that has drawn many attentions in the business environment over the last twenty years. Carroll (1991) argued that corporation should be addressed not only from economic and legal perspectives but also from ethical and philanthropic perspectives; the idea of CSR’s pyramid is then derived. Furthermore, the efficiency theory...
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... Studying organizational behavior is essential to managers because it helps tem to identify problems, determine how to correct them, and establish whether the changes would make a difference. Organizational structure refers to how an organization is put together. Structure reflects some of the underlying ways that people interact with one another in and across jobs or departments (2002). Every organization is organized into separate functions, which perform specific duties and activities. These processes offer identity for employees and provide them a connection within the organization. Organizational processes must be logical, streamlined paths to the achievement of goals. This report analyzes the behavior, structure and process of McDonald’s. The report focuses on the role of the manager in the organization and the interdependency that occurs between him/her and the people and groups in McDonald’s. Restaurant Manager: McDonald’s Requirements of the Job Experience in a management or supervisory capacity in a restaurant, hospitality or retail environment Two years of college or related experience Reliable Transportation Open/flexible Schedule McDonald’s is looking for managers that are energetic, committed and goal-oriented. Important Characteristics and Traits of a Manager As a leader, the manager’s responsibilities include establishing and directing the vision and mission of the team. The manager is responsible for keeping the members of the team...
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...economy in the world, human resources can be paid further more attention to the tourism industry that before. Good human resources management can help the organisation to be successful. Line managers are the important aspect of HR department that can accomplish the organisation’s objective. There are three major level of management structure in the organisation, respectively top level (i.e. president and CEO), middle level (i.e. marketing vice president, finance vice president, and human resources vice president), and bottom level (i.e. different line managers of training & development). There is a possible evolving HR organisation example, which will be indicated the following article. Business policy and code of ethics are very important to the organisations that can help the firms to be more competitive. Human resources department is responsible for formulation of policy, approved by senior management, and the daily implementation of this policy and the monitoring of its effectiveness, and employment and career development of all individual employees in the organisation. Line managers should monitor and correct the situations of training staffs and normal working of staffs. The Role of Line Managers and (HR) Human Resources • Roles Line manager should authorise to direct the work of subordinates and has the responsibility to accomplish the organisation’s objectives (Stone, 2005). As the traditional work of HR managers decreases, line managers are stepping up and performing...
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...their company structure on several functional areas. The functional areas typically seen in business include finance, marketing, information technology, human resources and, operations (Coulter & Robbins, 2012). The functional areas of business must work together to insure the success of the organization. This paper will discuss the role of management in these functional areas of business. Management Management’s primary function is to guide an organization to meet the company’s vision, goals and objectives successfully. Productive managers understand that effectively planning, organizing, directing and, controlling are essential business functions in order for an organization to run smoothly (Coulter & Robbins, 2012). A functional manager is an individual who has controlling authority over a specific department within a business. Functional managers generally communicate within that specific department and with each other. The departments typically found in most business structures include finance, marketing, information technology, human resources and, operations. Finance The finance department is responsible for managing the organization’s budget, figuring out financial projections for the company, monitoring the company’s cash flow, future financial obligations and investments. It is imperative that the finance manager collaborate across business functions to determine how to best distribute and manage the business’ assets (Coulter & Robbins, 2012). Marketing ...
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... Managers have exciting, yet challenging jobs. While the role and scope of responsibility for managers can vary, one common trait among is that they generally manage indirectly, through a team of subordinates. In traditionally structured organizations, managers can be classified on levels as first-line, middle and top management Robbins & Coulter 2010). Each level of management plays an important role in the functional areas of business. Some of these areas of business included Human Resource Management (HRM), leadership and accounting. These functional areas of business are becoming a shared responsibility across levels of management, and are being lead cohesively or as cross-functional teams. The management of functional areas of business comes with great responsibility. Managers are responsible for coordinating and overseeing the work of other people so that organizational goals can be accomplished efficiently and effectively (Robbins & Coulter 2010). All management levels need to have a strong knowledge of the company and the industry. Managers also have a broad responsibility for the business, in addition to significant parts of the business such as HRM, leadership, strategic planning or operations management. Management requires strong skills and experience in multiple areas of business which includes human resource management, leadership and accounting. Human Resource Management addresses the concepts of personnel development in a business. Managers use...
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...Orlandus Leonard Human Resources Management vs. Operational Management Kaplan University MT 435 Operations Management Human Resources Management and Operational Management are two very distinct managements that are strangely co-dependent of each other in my view. Operations Management is responsible for designing, operating and improving productive systems or in layman’s terms, systems for getting work done. Operations Managers are found in all walks of life. In anything you basically do or have done there are operations managers. When you go to the store, when you buy gas, in factories, in hospitals, banks even in your government there are operation managers. They are the ones who design systems, who ensure the quality of your products, Produce your products and even deliver them to you. The responsibility of operations managers are far reaching in scope. They work behind the scenes with customers and suppliers. They solve your business problems by reengineering your processes innovating your systems and integrating your processes. Regardless of what you are looking for superior quality or customization of your systems, or getting your operating costs down, whatever it is you are looking for as a business, excellence in your operations can be and is very essential and vital to your success. There are five key operating principles you want to consider in business. The first being communication in a business you have to make sure that your level of communication is clear...
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... | | |Levels of Management | | |Types of Management | | | | | 1 Definition of Management |Introduction | Basically, being a manager is not just in being a boss. In business world today, companies are looking for much more than bosses. They...
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...businesses have, are Finance, Sales & Marketing, Administration, Human Resources, and Operations. Functional managers head these departments, who have the role and responsibility to plan, organize, direct, and control their department to be able to achieve their department objectives. Who are managers and what they do? “Manager is someone who uses authority and reason for efficient and effective problem solving and to mobilize, coordinate, and control organizational resources by the use of standardized procedures that are a part of organizational policy” (Prevodnik, M., & Biloslavo, R., 2009, P.87). As we know, a manager is a person who uses all management functions such as planning, organizing, leading, and controlling to perform business functions successfully. The roles of a manager include directing, overseeing and leading resources of the organization towards objectives created by the organization and then sub-divided for each function. He is responsible for evaluation of performance and execution out activities, controlling deviations and implementing contingency plans to ensure things go according to the organization’s objectives. Goals are set in the long term, and short term planning based on business function. Human Resource and Administration The human resource business function is all about activities concentrated towards employee life cycle in the organization. Human resource managers formulate policies and plan for recruitment,...
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...Strategic human resource management is the process of linking the human resource function with the strategic objectives of the organization in order to improve performance. It can be simply regarded as the general approach to the strategic management of human resources with respect to the intension of the organization which it wants to be placed in the future. It is a series of activities which firstly enables working people and the organization which uses their skills and abilities to agree or disagree about the objectives, necessities and nature of their working relationship and secondly ensures that this agreement is promised and well fulfilled. Human resource management is responsible for the improvement of the organizational performance, its well being and provides a platform for the organization to the best possible direction which will lead the organisation to success (Crainer, 1998). The functioning of the HRM is part of generality of management and the responsibility of all managers and supervisors. It is the job of the HR manager to provide knowledge and service for the line managers and to support and advice them in the performance of their jobs. Whereas it’s the duty of the line managers to control over the staffs in their department. For the HRM function to be effective there has to be good team work and co-operation between the line managers and the HR manager. The strategic management process is basically cut in to five simple steps, they are : * Mission and...
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...or certification with a graduate business degree can be a prerequisite for a promotion. Business management and business administration degrees have many similarities, but there are differences as well. Business Management Degrees Undergraduate and graduate degrees in business management train students to take a leadership role. The core curriculum of most programs will include a grounding in the humanities, as well as specialized coursework in areas such as conflict resolution, critical thinking, personnel development and managing performance. Management degrees focus on the manager's role in setting out an organization's goals and aligning human capital and other resources with strategic organizational goals. Business Administration Degrees Degrees in business administration prepare students to take a major role in the operations of an enterprise. Coursework in the business administration program usually includes accounting, business...
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...Human Resource Management for ABC Company Abstract To determine the current and future organizational needs in human resources, a specific approach must be employed. Such approach is the human resources plan that includes the aspects associated with the workforce and provides a strategy that maximizes the employees’ contribution to organizational objectives. Planning for human resources needs will help to ensure that the workforce possesses the competencies the business needs to succeed. Underachievement or insufficient expertise can be a result of workplace failures and improper hiring process. Therefore, it is important to invest efforts into human resources planning. The present paper provides an example of the human resource plan for ABC Company, which specializes in providing management and subcontract workers on various projects globally. Specifically, the plan consists of organizational structure, description of competitors, work culture, factors needed for success, communication, compensation of employees, recruitment, performance management, and training. These areas should provide comprehensive information about the significance and purposes of the human resource plan in international organizations. Human Resource Management for ABC Company Human Resources (HR) plan is a strategic and systematic method of managing people in a way that maximizes their contribution to company’s goals. It involves all management decisions...
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