performance and develop organizational culture that foster innovation and flexibility’ (Hussain, 2010). It is for certain that when a company decides to change directions in it strategy the HRM practices needs to change to support the new strategy. In order to effectively gain competitive advantages though HRM practices; the HRM practices needs to change in three major areas: knowledge workers, employee empowerment, and teamwork. Knowledge workers are employees whose main contribution to the organization
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al., 2002), but to seek strategic fit between HR policies and business strategy in order to achieve superior business performance. The researcher’s paper focus upon China with reference to foreign MNCs’ operations and the challenges faced from the dual pressure of balancing globalisation and localisation. Arguing that by combining the concept of SHRM with IHRM it identified a new research area of SIHRM which addressed the HRM issues and activities resulting from, and impacting on, the strategic activities
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ECM62EKM: Organisational Behaviour and HRM |Module size |15 Credits, Level M | |Total student study hours |150 | |Pre-requisites and co-requisites |None | |Excluded Combinations
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of HR Running Head: Importance of HRM in International Business Importance of HRM in International Business [Name of Author] [Name of Institution] 1- Outline Importance of human resource management is now globally recognized and business growth is related to better management of human capital of a company. The present research proposal, henceforth, sets ground to investigate the importance of managing, running, and stabilizing human resource in order for the growth of business. It aims
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trategic process. This will include the function of recruitment and training programs in HRM, the concept of strategic fit and how human resource management can lead to a competitive advantage. The manner in which an organization’s personnel are managed has a tangible influence on the productivity of the employees, which ultimately acts upon the firm’s bottom line. Corporate success is dependent upon the integration of the human resource plan and the corporate strategic plan. It has become a prominent
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the HRM strategy? (30 marks) 4. The best approach to modern employment relations is through the use of partnerships and partnership agreements. Discuss this statement in relation to a country of your choice. 5. How can HR functions deliver strategic organizational change and what difficulties may they face in doing it? Use theories, models and organizational examples as appropriate to develop your answer. 6. Critically evaluate the use of competency based approaches in modern HR strategies. Explain
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Critically evaluate the evidence related to links between corporate strategies and HRM and identify issues which organisations need to address that make such a link work effectively in aligning HRM and corporate goals Over the years, there has been increased recognition and awareness that business needs to match its business strategies according to the human resource functions and practices. The main reason behind this is that economy has changed from manufacturing based to knowledge based economy
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ACKNOWLEDGEMENTffffff I would like to express my sincere gratitude to the Almighty God for being with me and taking me throughout the research period and for his guidance and strength that he gave me to overcome all the difficulties. I would also wish to greatly thank my supervisor Mrs Yunia Miyayo for the dedication and commitment she has demonstrated as I sought her assistance on my research work. I am also thankful to Mr. Omondi Richard for his time and relentless dedication in order to
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radical organizational changes such as merging process (Bjorkman & Soderberg, 2003). Nowadays this requirement is even more urgent and acute due to the fact that past decade has been characterized by enormous growth in mergers. Most of the studies of HRM in merger field were focused on the theoretical framework and has a consultative nature in dealing with one phase of the merger process which is the post implementation stage of merger. This study is directed at testing a hypothesis that there is a
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the success of the merger. As the HRM of the XYZ Inc., the following are suggested steps to ensure that the two cultures work together to obtain the desired results of the two companies: 1. Set cultural integration agenda Organization’s culture can be defined as all the shared values, beliefs and behaviors that dictate how people do things in the organization. To integrate the two cultures, we first need to define cultural objectives in broad terms. And as the HRM, I have the responsibility to ensure
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