...ANALYSIS People Management – Singhania & Partners Group D1 Ankit Agarwal Kausik.R Meenu Rajpal Pramod Khandelwal Syed Reza Salis Naqvi Objective of the Analysis 1. How can Singhania and Partners sustain the effectiveness of people management policies with increasing competition? I think the CEO is worried about what they pay rather than the HR policies per se. Be more specific PESTC Analysis Political and Legal: Economic liberalization by the government of India. LPG (liberalization, privatization and globalization) by GOI gave a fillip to foreign investment and subsequently, legal services industry. Foreign law firms are not allowed to set shops in India or practice Indian law. Imminent liberalization of legal service industry which will increase competition. Law firms were prohibited to directly market their services. Legal system was very slow. Economic: High growth market for legal services. Availability of highly skilled capital at competitive prices. Growth of LPO (legal process outsourcing) industry providing a boost to legal services. Huge market for legal services in the US accounting for 49% of the global industry. Arbitration opportunities in India provided a market for legal services. Growth in the IT and infrastructure sector giving a fillip to legal services. Social: Lack of educational and vocational opportunities for the people to develop their career in legal services industry. Inclination of people to make...
Words: 2138 - Pages: 9
...The Importance of Retention Systems in Human Resource Management Abstract Retention systems is one of the most important components of a staffing system within an organization. Human Resources is responsible for obtaining human capital in order for an organization to obtain and maintain productivity and profits. Human capital is a major expense and investment within organizations. If the organization is unable to retain its workers, the organization nets substantial losses on each employee it is not able to retain. Losses presents themselves not only in production costs, but training and development dollars invested in the employees as well, in addition to recruitment and hiring costs. My literature review will introduce and evaluate common types of retention systems used by staffing systems and their effectiveness in the workplace. Author of “An Analysis of Human Resource Information Systems impact on Employees”, Kelly O. Weeks describes the overall basic benefits of Human Resource Information Systems. She states in her article “systems give the organization the ability to consistently develop and manage employees based on the value of an individual's contribution”. The article also describes the various ways in which HR systems can improve job productivity by cutting repetitive work, and increasing the speed in which manual processes are managed. This article provides a basic general educational foundation and working knowledge of various Human Resource Management Systems...
Words: 2783 - Pages: 12
... 3 1 Introduction 1.1 definition 4 1.2 introduction 4 2 Analyses 2.1 importance of hrm today 5 2.2 one major challenge of hrm facing companies today 6 3 Evaluation and Recommendations 3.1 provide work-life balance 7 3.2 enable global mobility 8 4 Conclusion 8...
Words: 1713 - Pages: 7
...The HR Role To Create Job Involvement And Life-work Balance A research work presented by: Hend Hossam Eldin Hosny Mary Louis Shoukry Mariam Ibrahim Tayia HRM as the gate keeper between two extreme points…… The review of HR related literature revile two problems that could face any HR manager and represent a challenge that needs a solution….. Solutions…….???????? The model that we suggest to solve the two examined problems goes as the following : Low performance and job dis-involvement DEFINITION : low performance could be defined as dis- achievement and failure to meet organizational goals, which causes problems to supervisors, co-workers and to the employee himself as well, and above all, to the organization because of slowing the production and lowering the productivity. Causes of disachievement usually falls in three major areas: Misunderstanding the job requirements. Lack of needed abilities and skills. Deliberate refusal to work. 1- Misunderstanding the job requirements ……….I DON’T REALIZE Employee do not know how to do the job they were assigned. They will continue to underachieve rather than admit job incompatibility and risk termination. It is possible that an employee is performing a job incompetently without realizing it. believing in doing the job properly when it is not, is up to the management to set the proper goals. Punishing an employee without first finding out the underlying cause of his performance lapse can make the situation...
Words: 1533 - Pages: 7
...of Highly Effective People is based on principles that provide insight in to one’s own personal and professional challenges. The 7 Habits profile is a self-assessment tool to gauge ones dependence to independence and provide opportunity for movement towards interdependence. I was intrigued when I saw the result of my personal Seven Habits profile to see the following strengths, which are listed as Covey’s first tier towards independence among highly effective people. * Proactive – I often see the end in mind when situations arise and take initiative to identify methods for resolution or implement initiatives to the situation. If one approach does not work, a different approach will be utilized. My personal belief is that I set my own path and am responsible for the success or non-success of that path. When challenges or problem arise both personally and professionally, I have found that being reactive does not resolve the challenge. When these situations arise, I proactively identify what I can do better. * Begin with the end in mind – I am very strong at beginning with the end in mind in almost all situations. I will visually identify the path from beginning to end and recognize consequences or obstacles that may arise along the way. Having this strength has enabled me to prepare and be proactive when handling challenging circumstances. Performing this exercise has led to many successes personally and professionally. * Put things first – Time management and prioritization...
Words: 1959 - Pages: 8
...Multicultural Organizations to inherit the assumption that Work Life Balance Policies are Gender Neutral? Introduction Definition Work Life Balance is not a homogenous concept, and not amenable for precise definition as different people interpret WLB differently; the ideal ‘balance’ can vary at stages of the life cycle (Chandra, V., 2012). Experts within the field have faced difficulties in trying to define the concept, regardless of the wealth existing literature on the subject. WLB policies have been defined as ‘those that enhance the autonomy of workers in the process of coordinating and integrating work and non work aspects of their lives (Felstead et al, 2002). From an employees perspectives it is the maintenance of a balance between work and family responsibilities. This definition allows for a wide range of policies to be included under the guise of WLB initiatives. WLB policies in an organizational setting include, but are not limited to, flexible working arrangements, child and dependent care and family and parental leave (Bardoel, 1998). Importance Many Human Resource Professionals, employers associations, government departments, trade unions, academics and voluntary organizations around the world are currently debating and often enacting, policies and practices designed to promote work life balance (Fleetwood, S., 2007). The effective management of WLB is an issue increasingly recognized as of strategic importance to organizations and of significance to employees...
Words: 3132 - Pages: 13
...does work/ life Balance play in the success of an organization? Explain. Answer: The roles does work/life Balance play in the success of an organization are: • Work/ life Balance affects organization profit and revenues. It is achieved by implementing work/life balance inside the organization which gives the employees alternatives and flexible time management. Which affect the employee’s satisfaction from work and leads to satisfaction at work and increased passion for it. Moreover it has an impact on the employee commitment to achieve the organization goals. • Work/ life Balance affects organization productivity and efficiency of employees. Where employees become more creative and capable to take decisions on behalf of their mangers in their absence. • Work/ life has a positive impact on staff retaining through providing Flexible working hours and consultative roistering arrangement to all employees including managers and supervisors. • Work/ life decreases the work stress fall on the employees shoulders which has a direct impact on the firm productivity • Work/ life Balance could be an excellent tool for attracting and retain top- notch employees who in return affect the organization productivity 2. How does diversity in an organization affect the organization’s work /life balance? What ethical considerations exist that may drive the organization to be more work/life balance...
Words: 1258 - Pages: 6
...Time management It seems that there is never enough time in the day. However, since we all get the same 24 hours, why is it that some people achieve so much more with their time than others do? The answer lies in good time management. Time management refers to the way you organize and plan your activity and the duration of time, you intend to spend on it. Time management is an art that gives you complete control over your activities, timetable and schedule. Time management is the way through which you increase the effectiveness of your dedication towards some task. Such art teaches you how to be effective and efficient even when work pressure is high. Good time management requires an important shift in focus from activities to results: being busy is not the same as being effective. (Ironically, the opposite is often closer to the truth.) Spending your day in a frenzy of activity often achieves less, because you are dividing your attention between so many different tasks. Good time management lets you work smarter – not harder so that you get it more done in less time. Benefits of Time Management It may seem counter-intuitive to dedicate precious time to learning about time management, instead of using it to get on with your work, but the benefits are enormous: * It increases productivity and efficiency * You get greater professional reputation * It lessens the stress * It increases opportunities for advancement both personally and professionally ...
Words: 878 - Pages: 4
...Impact of Work Life Balance on Employees Performance of Public Sector Organizations of Pakistan ABSTRACT The purpose of this study is identification of work life balance (WLB) dimensions which significantly contribute in enhancing the performance of the employees of the public sector organizations (PSOs) of Pakistan. This study has identified six dimensions of work life balance: organizational commitment, employee wellbeing, work family conflict, decision authority, care for family demands and job stress. The views of 131 public sector employees working at different tiers were collected to identify the impact of work life balance on employee’s performance in public sector organizations of Pakistan. Non-probability convenience sampling technique was used for drawing samples from population. Descriptive statistics, correlation and regression analysis were used to analyze the data. This study indicates that a statistically significant positive relationship exist between each of identified dimension of work life balance as each of the dimension if catered for, help in enhancing the performance of the employees in PSOs. Importance of employee’s wellbeing and care for family demands as key dimension of work life balance is also emphasized by this study. Consequently this study contributes in providing guidelines to introduce various dimensions of WLB to enhance employee’s performance in PSOs of Pakistan. Keywords: WLB, employee’s performance, public sector...
Words: 9654 - Pages: 39
...The key function of HRM that this essay will explore is the impact Employee Relations has in the way in which HR operates in many departments. Human resource Management is department which most businesses use as a means of enabling people’s capabilities in order to achieve a critical competitive advantage that’s attained through a distinctive set of integrated employment policies, programmes and practices. (Bratton &Gold 2007).This essay will provide an in depth discussion of components and the key players involved in Employment Relations that are seen in organizations today, as well as the importance of the integration of other key HRM practices and the management of the organisation as a whole. As well as examining the key HR functions I will also analyse the key models, theories and concepts that have a direct impact on HRM such as the Fombrun, Harvard and Warwick models that are seen to be used in many different organisations today. Employee Relations is a collective term in the Human Resources function that includes employee engagement within the workplace, values the employees’ rights to be part of trade unions. It also sets in stone in most organisations the employment legislation as well as managing grievance and disciplinary actions. Employment Relations is regarded as a relatively new term as it has previously was known as industrial relations conversely it does not have the same standards and equality as Employment Relations has in the Human Relations workplace. ...
Words: 2386 - Pages: 10
...Interviewee names: Codie and Mitch. Q1. Explain the resources you think you have relied on the most and were they as effective as you thought they would be? Codie discovered that by effectively managing her schedule, dedicating focused practice sessions to her academic pursuits, and diligently jotting down crucial information, she significantly boosted her academic performance. These well-thought-out strategies not only facilitated her memory retention but also played a pivotal role in alleviating her overall stress levels, leading to a more balanced and successful academic life. Conversely, Mitch favoured a different approach, opting to meticulously cross-reference his workbooks with online resources to validate the accuracy and comprehensiveness of his notes and study materials. Emphasising the significance of allocating substantial study time, particularly in readiness for the demanding HSC examinations, Mitch...
Words: 2509 - Pages: 11
...Under Pressure Implications of Work-Life Balance and Job Stress Human Solutions™ Report | 2006–07 Fall 2006 Dear Valued Customer: Welcome to the first Human Solutions™ Report: Under Pressure. Implications of Work-Life Balance and Job Stress. The report was written by Graham Lowe, PhD, a thought leader in the arena of workplace health and productivity. This is the first of a series of empirical reports that we will publish for you on an annual basis, each on a relevant and timely topic or theme. The Human Solutions™ Report stems from our pledge to bring you relevant and practical recommendations concerning your most significant human capital-related issues. And it reflects our attempt to counter the wealth of unsubstantiated and potentially misleading information about workforce issues circulating in the general media and other sources. In this Human Solutions™ Report , we analyze two comprehensive Canadian workforce surveys using key questions pertaining to work-life balance and job stress. We recognize that quality of work-life is a pressing business issue for you and a necessary ingredient for a successful business strategy. Yet to craft effective solutions to work-life issues, it is paramount that you have solid evidence on the scope and nature of the problems that are faced. This is what the Report endeavours to provide. As a customer whose opinions are important to us, we welcome your feedback. As well, we look forward to hearing about topics and issues you would...
Words: 5663 - Pages: 23
...This paper addresses the issue of Work-Life Balance, an area of special interest highlighted by the Navy Civil Engineer Corps’ Women Professional Network (WPN). Through several phone conferences with and input from Civil Engineer Corps (CEC) officers across the Navy and some initial website research, this paper defines work-life balance, assesses the relevance and importance to an officer in the CEC, and provides potential recommendations for consideration. What is Work-Life Balance? Work to live, don’t live to work. The first step is to define work-life balance and understand why it’s important. A good work-life balance means that you have control over your workplace conditions and that you are equally satisfied with your work life and with your home life. Work-life balance means that you have and understand the many benefits of having varied interests and ways to spend your time outside of work. It means you value having other things to focus on, and that you are consequently a happier and more fulfilled person. With this lifestyle comes a greater sense of inner security and confidence and these qualities tend to play out in the way you interact with people, the way you handle stress and problems, and in the way you are perceived as a military officer and leader. Philosophically, you, your home, the organization you work for, and society benefit when you have a balanced work-life. What makes a good work-life balance? This depends on your personal...
Words: 1663 - Pages: 7
...THE IMPORTANCE OF EFFECTIVE COMMUNICATION IN GUARDIAN LIFE OF THE CARIBBEAN Title Page Name: Kibosha DaCosta Grade: 12A Subject: Management of Business Year of examination: 2010 Teacher: Mrs. Nelson Name of school: St.Mary High School Territory: Jamaica Centre number: 100112 TABLE OF CONTENTS Aims and Objectives 4 Methodology Employed 5-6 The Report: Description 7-13 Analysis and Interpretation 14-21 Conclusion and Recommendations 22 Appendices 22-23 References 24 AIM To find out the importance of effective communication in the business- Guardian Life of the Caribbean and also to acquire the necessary information to complete this research in order to achieve a reasonable grade. OBJECTIVES 1. To analyse the importance of setting business objectives 2. To show how Guardian Life carry out their social responsibilities. 3. To tell the different leadership...
Words: 3963 - Pages: 16
...The importance of accountability paper HCS 475 November 3, 2014 Brandi Muro The Importance of Accountability Paper There are many aspects that play into being a good leader and manager. They are all of similar importance, however; there is one that is particularly important, accountability. Holding people accountable for their actions or lack thereof is important for many reasons. It entails the procedures and processes by which one party justifies and takes responsibilities for its actions. Accountability simply reflects the achievement of sustainable outcomes (Porter-O’Grady & Malloch, 2007). Although it is meant to be a positive process and should be a benefit for the organization, it can sometimes affect the work environment. Why is accountability important in the health care industry? In health care, accountability does not just begin with the front line providers, everyone in the organization is important to making sure everything runs smoothly. This starts from the bottom with those that order supplies and even those that register patients. If patients are registered incorrectly, they may receive the wrong treatments which could result in a very bad situation. Also, if the necessary medical supplies are not on hand, patients could again be put at risk. Unfortunately in health care, small mistakes can lead to life threatening outcomes. How is an employee’s accountability measured in the health care industry? In order for someone to be held accountable...
Words: 1172 - Pages: 5
