initiatives he launched in the late 1980s and early 1990s? What is he trying to achieve? Is there logic or rationale supporting the change process? If so, what is it? The restructuring plan of GE in the early 1980s which included the “Fix, Sell or close” strategy, the elimination of bureaucracy and lay-offs ushered in a new era of rapid change in the structure of the company. This resulted in increase in efficiency of the overall functioning of the organization. However, these rapid restructuring leaps
Words: 862 - Pages: 4
excellently grow the business and success against the competition, Caterpillar has implemented Vision 2020, an enterprise strategy that emphases on the Company’s customers, employees, and stockholders. Vision 2020 is built on Caterpillar’s strategic goals, operating principals, and core values. The three primary strategic goals of Vision 2020 are to produce superior financial results, be a global industry leader and have the greatest team. Involved in Vision 2020 are Caterpillar’s “Big 8” requirements for 2011
Words: 2238 - Pages: 9
BOOK REVIEW: TALENT - MAKING PEOPLE YOUR COMPETITIVE ADVANTAGE BEVERLY R. STUMP WESTERN CAROLINA UNIVERSITY March 9, 2014 Abstract Edward E. Lawler is passionate about talent and makes this the corner stone of his book, Talent: Making People Your Competitive Advantage. Creating a Human Capital-centric organization can be achieved only if there is sufficient talent and if the right structures, systems, processes, and management practices are in place to develop and retain that talent while
Words: 2179 - Pages: 9
Human Resource Management Review 18 (2008) 87–99 Contents lists available at ScienceDirect Human Resource Management Review j o u r n a l h o m e p a g e : w w w. e l s ev i e r. c o m / l o c a t e / h u m r e s Job analysis for a changing workplace Parbudyal Singh ⁎,1 School of Administrative Studies, York University, 4700 Keele Street, Toronto, Ontario, Canada M3J 1P3 a r t i c l e i n f o a b s t r a c t Job analysis sits at the heart of all human resource practices, making
Words: 12360 - Pages: 50
organizational goals. Forces at various levels influence changes in human resources strategies and directions. Those with the most direct effect include changes in the nature of the organization’s mission, work and overall policy direction. Other forces are internal to the organization itself (its culture, work organization and management style), while still others originate outside the organization and are related to the global economy and other changes in society. Training and development helps an organization
Words: 1433 - Pages: 6
The purpose of this report is to describe and develop a recruitment and selection plan for the Human Resource Department at Nexen. In this report we will examine the organization regarding their culture and the “Nexen way” to their operations and strategies. By doing this, we will be able to research the needs of recruitment and accurately write a job analysis and further a proper job description of a vacancy Staff Advisory- Compensation at Nexen. However, with doing this we will need to identify the
Words: 2820 - Pages: 12
CHAPTER 9—STAFFING AND HUMAN RESOURCE MANAGEMENT MULTIPLE CHOICE 1. Human resources executive Sarah says, "I finally have a seat at the table." She most likely is implying that a.|she is allowed into the executive dining room.| b.|her work is tied in with company business strategy.| c.|she no longer has to stand in the back of the room during meetings.| d.|she will be allowed to negotiate with the labor union.| ANS: B PTS: 1 DIF: E REF: p. 310 NAT: AACSB: Reflective Thinking, HRM
Words: 2637 - Pages: 11
Date: March 26, 2009 Re: Operations Transformation at Westpac We are very pleased with the opportunity to deepen our partnership with Westpac and believe our proposal provides the most comprehensive approach for Westpac to execute its strategy successfully. This initiative is critical for Westpac to differentiate its service delivery model in the midst of an industry shift towards growing customer share. Westpac lags behind its key competitors and the risk of further customer attrition
Words: 2798 - Pages: 12
particularly Fortune 500 corporations, have extensive facilities, and personnel in various countries of the world. Managing these resources effectively, and integrating their activities to achieve global advantage, is a challenge to the leadership of these companies. We are quickly moving toward a global economy. While estimates vary widely, approximately 70 to 85 percent of the U.S. economy today is affected by international competition. Recent popular books have suggested that many U.S. companies
Words: 11547 - Pages: 47
HRM and Culture Student Name Professor Strategic Human Resource Management December 1, 2013 HRM and Culture Women have been trying to shatter the glass ceiling for many years. The European Union has been touting equality between women and men for decades (Reding, 2012). In spite of their progress men still dominant company boards. 86.3% of board members are men while there are only 13.7% women. 96.8% of men are boardroom chairs while 3.2% are women (Reding, 2012). Corporate culture
Words: 1966 - Pages: 8