attempting to predict what action is, and will be needed to ensure that the required numbers are available. 3) Designing the interaction between demand and supply, so that skills are utilised to the best possible advantage, and aspirations of the individuals are duly considered. To state briefly, planning process aims to bring supply and demand into balance at the levels most consistent with the needs of the projected requirements and with the assessments of the economic and social environment –
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by addressing the social and environmental constraints in its value chain. * Example: By reducing packaging and improving delivery logistics, Walmart saved $200M in distribution costs while growing the quantities being shipped Local cluster development – Strengthening the competitive context in key regions where the company operates in ways that contribute to the company’s growth and productivity * Example: Cisco reduced a key constraint to growing its addressable server market by launching
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items that will spark the participant’s interest or feelings, and support the program’s objectives. Effective rewards will both motivate short-term behavior and provide motivation over time. VARIABLE PAY Variable pay or pay-for-performance is a compensation program in which a portion of a person's pay is considered "at risk." Variable pay can be tied to the performance of the company, the results of a business unit, an individual's accomplishments, or any combination of these. It can take many forms
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Process and its constituents. Introduction to Human Resource Management HRM planning & steps in planning process. HRM process Recruitment, selection, Training and development. Performance Appraisal and issues in human resources Leadership concept and some leadership theories. Leadership theories. Leadership Models. Leadership Development and Motivation. Motivational theories Suggested Readings: 1. Harold Koontz & Heinz Weihrich, Essentials of Management, Tata McGraw Hill 2. Stoner, Freeman, Gilbert
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the key management functions are:- a) Planning - Is the process of setting goals and deciding how best to achieve them. b) Organizing - Involves allocating and arranging human and non human resources for the successful implementation of plans c) Leading - Is the process of influencing others to engage in work behavior necessary to reach the organization goals. d) Controlling - Involves regulating organizational activities so that actual performance conform to expected standards
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Research Paper The role of performance appraisal system on the development of human resource of Komenda College of education Introduction In every administration, whether private or public, there exist laid down aims and objectives that are to be achieved within a specific period. Nevertheless, these cannot be possible if the organisation focuses only on its financial and physical resources. There is therefore the
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Dear Sir, Attached please find the internship report entitled ‘Strategies of Human Resource: A Study On Grameenphone Ltd’ I have done my internship in Grameenphone Limited during three months attachment period. I did the internship study as a part of my job. The report focuses on the HR (Human Resource Management) strategies of Grameenphone Limited. This report has been submitted in partial fulfillment of the requirements for the degree of Master of Business Administration (MBA), Major in
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Transmittal Dear Sir, Attached please find the internship report entitled ‘Strategies of Human Resource: A Study On Grameenphone Ltd’ I have done my internship in Grameenphone Limited during three months attachment period. I did the internship study as a part of my job. The report focuses on the HR (Human Resource Management) strategies of Grameenphone Limited. This report has been submitted in partial fulfillment of the requirements for the degree of Master of Business Administration (MBA), Major in Human
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Summary page 3 Introduction page 4 i. Company Background page 4 ii. Employees Overview page 5 Discussion and Analysis. page 7 i. Employee Development & Motivation page 7 ii. Employee Empowerment page 9 iii. Developments in the Employment Law page 11 iv. Workplace Communication page 12 v. The Employment Relationship page 14 Conclusion page 16 References and Bibliography page 18 Executive Summary
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evaluate employees in such way that it will influence others the drive of energy to explore the opportunities in the workplace. Main part of this paper is how to distinguish the differences in intrinsic and extrinsic motivation in the workplace. The second parts will focus on identifying the core, which will help managers motivate their employees. Moreover, finally, the last part will include a conclusion and theoretical application of its finding. Empowering Employers’ to Motivate and Evaluate Introduction
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