Premium Essay

21st Century Hr Organization

In: Business and Management

Submitted By charithcjay
Words 1720
Pages 7
The world of Hayleys was initially started its business in 1878 as Chas P. Hayleys and company in Sri Lanka, was incorporated as Hayleys Ltd in the year 1952. Today it is known as the world of Hayelys with a globally competitive business portfolio spanning over 12 different sectors of enterprise. The main business portfolio of world of Hayley’s fall under seven broad categories such as: * Global market and manufacturing * Agriculture and plantation * Logistics and transportation * Leisure and aviation * Consumer products * Power and energy
Out of the sectors under consumer products comes the Hayleys Consumer Products Limited and the Consumer lighting, Consumer products contributes about 7% of the group’s total turnover. Hayleys Consumer Products limited hosts home for many of the world renown brands in Sri Lanka such as Downy, Gillette, Olay, Whispers, Tide, Pantene, Kiwi, Pringles, Fujifilm, GP Batteries, 3M, Head and Shoulders, Philips and etc. These brands are basically operated under few divisions such as Consumer Lighting, Consumer Imaging and Information, Consumer Healthcare, P&G products, New Business development. There is a supermarket channel owned by the Hayleys consumer named Haymart and there are outlets owned by Hayleys for perspective brands such as Hayleys Café Pixel for consumer imaging and information and Lighting craft for consumer lighting. Hayleys consumer products have reached a range of 70, 000 outlets throughout the country and expanding their business day by day as the corporate leader of the Sri Lankan market.

During the last two years the group has delivered an increase in turnover of Rs.8.1bn from the previous financial year. The group over the years has experienced a steady growth in terms of increased operations and simultaneously increased and favorable numerals. The share prices of the Hayley’s group…...

Similar Documents

Premium Essay

21st Century Organization

...The provider was paid based on a percentage of revenue and collection performance on deductions. The entertainment company launched a successful product that encouraged existing customers to purchase incremental volumes—increasing revenues almost 100 percent. While the work effort of the outsourcer did not grow (as no new customers were added), the revenue per capita grew enormously and thus the outsourcer was paid more for the same amount of work. • Cultural Alignment—If you outsource, embrace the arrangement with open arms. If you do not, don’t be surprised when you fail to meet objectives. • Relationship Management—AR touches every part of the supply and demand chain. An outsourcer will have to interact at all levels within your organization—sales, customer service, marketing, distribution, credit, accounting, finance. Understanding relationship competencies—account management, reporting, communication, review, and inspection—is critical. • Compliance—There is no getting around this front-burner issue. Data security, data privacy, application controls, process standards, collection practices, and business recovery are receiving increasingly greater attention resulting in increased regulation. Outsourcing agreements should define each area of compliance and be clear as to accountability, standards, and funding. • Assume There Will Be Issues—A solid governance model will go a long way in reducing risks. Establish an executive committee that has oversight responsibility,......

Words: 1418 - Pages: 6

Premium Essay

21st Century Leadership Skill

...21st Century Leadership Skills - Defined January 14, 2008 by Jeff Brunson A 21st Century Leader understands that if you want engaged employees, you must develop the individual. It is this understanding that leads the 21st Century Leader to a focus on self. Not a selfish focus - but a focus on self for the benefit of others. The Brunson Level II Coaching Program and the Brunson Leadership Development Program for Groups focus on the following key skills for Leadership effectiveness and organizational impact: 7 Skills for Leadership Confidence Personal/Professional Growth Management Skills Personal study and professional application is a must for you as a Leader in the 21st Century. How well you self assess and act on that assessment determines the quality of the goals you set and the effectiveness of your action plans. The impact you deliver is dependent upon how you integrate Leadership behaviors and implement on your strategies. Communication and Connection Skills How skillful a Leader communicates is a major factor of credibility. You must consistently communicate well one-on-one and in group settings. As Leaders, it is imperative that our communication is consistent and credible. We must be able to consistently create safety for dialogue and confidently confront issues. You approach performance management and succession management as key areas for consistent communication. Messaging Skills You are the message. Your Brand is the succinct version of that message.......

Words: 2540 - Pages: 11

Free Essay

21st Century

...Privacy in the 21st Century Sandra Bland ENG 122 Jason Romero March 25, 2013 How do you feel walking around knowing that you are being monitored at all times by cameras? Somebody is watching every step you take. Doesn’t that creep you out a little? You post something on Facebook and decide to delete it later on; did you know it will always be there no matter how many times you have deleted it. You may not see it, but others can. In today’s society, privacy rarely exists anymore. There are certain tools and gadgets people use when trying to invade somebody’s privacy including hidden cameras and satellites. Privacy no longer exists in my eyes because of all the new technologies and programs allowing the invasion. What is privacy? Do people today really understand what privacy is? Or have they really got to experience some privacy? The definition of privacy is allowing and individual or group to “seclude them or information about themselves and thereby reveal them selectively.” When something is private, it is usually something personal or valuable to someone. Everyone likes privacy, but it is no longer “available.” Everything people hope is private is no longer private. An example is, before data bases were even created a patient’s information was recorded and put into files in a filing cabinet. There were no security precautions preventing another doctor from exploring somebody’s files. A doctor could do anything with the files without anybody knowing because there......

Words: 1807 - Pages: 8

Premium Essay

Teams of the 21st Century

...Teams in the 21st Century Adrianne Villeda SOC/110 October 10, 2013 Sharlette Kellum University of Phoenix Teams in the 21st Century The most important skill individuals will learn in college is working in groups. Groups consist of two or more individuals grouped together by employers or instructors to reach a common goal. Group work is also used in other organizations that include political and religious organizations. Working in groups has advantages and disadvantages. In past experiences working in groups, some individuals were not able to complete his or her portion of the assignment by the deadline or not at all. These are not positive experiences to receive when working in groups. When an individual does not meet the deadlines set by fellow group members, it delays the whole group from completing the assignment. When an individual does not complete his or her portion of the assignment, his or her fellow group members are pressured to complete the assignment. Communication between group members is important to avoid these situations. Communication keeps group members informed and may provide additional help if needed. Employers use groups when the company has a special project or a business proposal. Employers gather individuals together based on the individuals skills or talent to successfully reach the goal. Working......

Words: 461 - Pages: 2

Premium Essay

Hr Design in a Volatile World – Human Resource Planning in the 21st Century

...HR design in a volatile world – human resource planning in the 21st century The increasing globalisation of the marketplace combined with an increasing shortage of skilled staff and advances in technology have resulted in large scale changes in recruitment practices. Recruitment is the process of finding and attracting appropriate job candidates capable of effectively filling the job vacancies available within an organisation. For successful recruitment, the human resources department needs to analyze the vacant position so that detailed job descriptions and job specifications can be created to efficiently help with the hiring process. Recruitment can either be internal or external. Internal recruitment is promoting existing employees in conjunction with internal training and external recruitment involves recruiting suitable candidates with relevant experience and qualifications who have not previously worked within the organisation. From The Conference Board of Canada's report, Valuing Your Talent: Human Resources Trends and Metrics we learn that employers need to develop workforce strategies to attract and retain employees in the current climate. As the economy starts to recover organizations will face a risk of higher turnover with employees considering new opportunities. A growing economy and an aging workforce mean that it is just a matter of time before pressure in labour markets begins to build again; the demand for skilled and talented employees is growing......

Words: 1114 - Pages: 5

Premium Essay

Challenges of Business Leaders and Hr Managers Meeting the 21st Century Workforce

...Challenges of business leaders and HR managers when managing the 21st century workforce ” A company’s workforce represents one of its most valuable resources: for this reason the way this workforce is managed represents a critical element in enhancing internal effectiveness and improving the organization’s competitiveness” (Rennie 2003)”. Introduction Most HR management systems available in most firms were formed at a time when business and technological practices were completely different. As the world is becoming more economic globalized so is the workforce. The 21st century workforce will consist of multi-generational team and a mix of minorities. With a more diverse and complex workforce, the challenges facing the HR managers also expands. There are several issues faced by contemporary business leaders. First is globalization-which is the present flow of capital, goods, services, ideas, people, and information virtually. Second is talent acquisition and talent management issues- HR Administrations are still struggling with managing their talent efficiently.  Most corporate employment and talent meanings are reactive and hardly are they future focused. Third is fruitful human capital administration-the explanation to handling your multi-generational staff. As we move towards 2020 there will be four generations working side by side, how can we accomplish knowledge transfer and maintain good team work when there exists intergenerational problems due to generational......

Words: 1411 - Pages: 6

Premium Essay

21st Century Skills in Education

...In the 21st century, the world is changing and becoming increasingly complex as the flow of information increases and becomes more accessible day by day. The world is radically more different than it was just a few years ago, hard to imagine that it’s such a short period of time - the world and its people, economies and cultures have become inextricably connected, driven by the Internet, new innovations and low-cost telecommunications technology. A computer is a must, to be a successful student, in this modern age, all the required information and communication is accessible online. The education is structured for all students, regardless of background or community, so that they have the opportunity not only to reach their goals but to contribute the modern society as well, because education is not just an individual prosperity, because if you really think about it, it also serves a public good. The education acquired must ensure that everyone remains fully functional in such an increasingly demanding and knowledge-based society will require a constantly rising level of skills. The final result should be that education means more in terms of human survival and happiness. There is a huge connection - people who are better educated are more likely to be employed, have higher career satisfaction, live longer with improved health, have reduced participation in crime, participate in voting and volunteering, and are less likely to rely on public tax transfers or......

Words: 2356 - Pages: 10

Premium Essay

Project Management and 21st Century Organizations

...Project management and 21st century organizations Chapter 19 discusses the importance of project failure and how to successfully manage them in order to avoid this. It also identifies the different kinds of outsourcing. Chapter 20 goes on to discuss how technology has affected the business world and explains ways to develop a 21st century organization. Often times a business will lose time and money due to the lack or poor use of project management; however, if it is correctly utilized, project management will ensure that an organization successfully completes projects on time, within budget, and with minimal disruptions. Project management can be used in all departments (sales, marketing, accounting, etc.) and the benefits are categorized by being either tangible or intangible. Tangible benefits are measured in monetary terms. They include things such as increased productivity, increased response time, decrease in costs. Intangible are not measured monetarily but they still have a substantial impact on the business. Examples are facilitation of strategic planning, improved customer response, improved decision making. Feasibility analyzes the company’s ability to successfully complete a project. This allows managers to examine possible outcomes, both negative and positive, of a project before investing too much time and money in it. All projects are constricted by the interdependent variables time, cost, and scope. Change to one variable will affect either one or both......

Words: 1434 - Pages: 6

Free Essay

21st Century

...Patricia EDU 210 Students in the 21st Century I chose to observe children for a three-hour block at my three daughter’s dance studio. These children were a variety of different ages, from three to ten. The format was both structured (during the classes) and unstructured ( in between). Girls are very giggly. Their communication style was very dramatic. During their unstructured time, girls of all ages were running around, giggling, happy and being overly expressive. All the girls smiled and were generally happy. Some of the girls communicated with more body language than the others. This was evident by them using their hands while talking or by touching each other while speaking. I witnessed many girls grab hands, arms, or hug in a loving manner to display affection as they were speaking or as part of a greeting. The girls talked about upcoming events like Christmas, gifts that they wanted and excitement over the upcoming Christmas dance recital. The older girls talked about school, upcoming tests, and the fast approaching Christmas break. There was some discussion of boys, but very little. Phrases I heard over and over were “Oh My God” and “ That’s adorbs” . As a mother of three girls, these are phrases I am very familiar with. The attitudes displayed were generally very happy. The girls were all bubbly, happy to see and greet one another. All of the girls seemed to want to be there and excited to go into their dance classes. Because we were at a dance......

Words: 545 - Pages: 3

Premium Essay

Hrm in 21st Century

...Springfield College John R. Hendon University of Arkansas at Little Rock USAGE Los Angeles | London | New Delhi Singapore | Washington DC Detailed Contents About the Authors Preface xxiv xxv PART I. 21ST-CENTURY HUMAN RESOURCE MANAGEMENT STRATEGIC PLANNING AND LEGAL ISSUES 1 Chapter 1 The New Human Resource Management Process 2 SHRM 3 Why Study Human Resource Management? 4 HRM Past and Present 6 Past View of HRM 6 Present View of HRM 6 21st-century HRIi 8 HRM Challenges 8 The HRM Strategic View 9/ Technology and Knowledge 10 Labor Demographics 11 Productivity and Competitiveness Through HRM HRM Skills 12 Technical Skills 12 Human Relations Skills 13 Conceptual and Design Skills Business Skills 14 12 13 Line Managers' HRM Responsibilities 15 Line Versus Staff Management 15 Major HR Responsibilities of Line Management 15 HR Managers' Resonsibiiities: Disciplines Within HRW? 16 The Legal Environment: EEO and Diversity Management 17 Staffing 17 Training and Development 20 Employee Relations 20 Labor and Industrial Relations 20 Compensation and Benefits 20 Safety and Security 21 Ethics and Sustainability 21 HRM Careers 23 The Society for Human Resource Management Other HR Organizations 24 Professional liabiliy 24 23 The Practitioner's Model for HRM The Model 24 Sections of the Model 25 24 Trends and Issues in HRM 27 Technology and High-Performance Work Systems 27 Increasing......

Words: 2783 - Pages: 12

Premium Essay

Hr Competencies of the 21st Century

...Chenise Wade HRMN 495 05 Oct 2015 HR Competencies of the 21st Century The old-fashioned role of HR in the 21st century is shifting into adding HR into organizational business development, which augments extra elements to the distribution of HR services. “In this new role, HR professionals who are managers and supervisors must take on the evolving roles of business partner, change agent, and leader in new organizational structures different from the past” (Business journal, 2008). The purpose of this paper is to expand upon six competencies that are beneficial to human resource professionals in this day and time. A competency can be described as “the success factors that enable the assessment, feedback, development, and reward processes for individuals to take place” (UMUC, 2015). Essential competencies act as the body of knowledge and expertise that each person requires. These can be established through teachings and are quite simple to recognize. Differentiating competencies differentiate higher performance from mediocre performance. Such competencies consist of self-concepts, personalities, and intentions; and while they are tough to cultivate, they can define lasting attainment in the workforce. “With a valid competency-development methodology, one can define, measure, and reward these competencies. Strategic competencies include those that are "core" competencies of the organization. These tend to focus on organizational capability and include competencies that......

Words: 729 - Pages: 3

Premium Essay

Leadership for the 21st Century

...RENAISSANCE LEADERSHIP Transforming Leadership for the 21st Century J. Martin Hays and Choule Youn Kim THE AUSTRALIAN NATIONAL UNIVERSITY Key Words: |Leadership |Management Education |Future Trends | |Leadership Development |The New Millennium |Leadership Competencies | ABSTRACT Conventional leaders and leadership of the past are insufficient to meet the demands of the 21st Century. As we enter the new millennium, our world is characterised by unprecedented complexity, paradox, and unpredictability. Change is rapid and relentless. Today’s leaders face demands unlike any ever before faced. Standard leadership approaches that have served us well throughout much of history are quickly becoming liabilities. Conventional wisdom regarding leadership and many of its habits must be unlearned. The strong, decisive, charismatic, and independent leader and leadership we have idealised, strived to be, depended upon, and longed for may prove counter-productive in the new millennium and undermine a sustainable future. The challenges and opportunities of the 21st Century call for a new type of leader and leadership, indeed an entirely new and different way of thinking about leadership and of developing future leaders. This paper explores the nature of the nascent millennium and the leader and leadership qualities and......

Words: 43745 - Pages: 175

Premium Essay

Recruitment of the 21st Century Hr

...the company. With such a large theatre of potential job candidates on the market these days, human resource personnel have to ensure that they are reaching the most people possible while not breaking the organizations bank in pursuit of the perfect candidate. There are many ways a company can recruit employees now days, from word of mouth to specific career websites. The hunt for the right employee will be based off the position the organization is looking for. If an organization is looking for an entry level position with no education or experience a popular choice is the newspaper classifieds. This is a great option for companies, because it works and it costs the company very little to take up a small section on the Sunday classifieds. Many organizations will use this method when recruiting for regional non-skilled employees that they will not pay relocation for. Not only is this cost savvy for the organization, but the newspaper is one of the first places someone will look for job openings. Another local resource businesses turn to for non-skilled to semi-skilled employees is employment agencies, also known as temp agencies. Many companies prefer to utilize temp agencies, because like they are referred to the employment can be temporary if the organization decides so. Many employment agencies work on a contingency fee basis, meaning they won’t get paid unless they successfully fill the open position by submitting the best candidate. What this means to......

Words: 1155 - Pages: 5

Premium Essay

21st Century Unions

...21st Century Organizations and Unions HRM/531 February 6, 2012 Introduction Today’s organizations face a variety of challenges and changes with technology and globalization playing the largest role in a 21st century business. No longer are the days of conference room board meetings and higher paid multiple in-house factory workers. CEO’s and managers are conducting meetings from their laptops or iPhones while lying on the beach with their families and factory jobs are being outsourced to underdeveloped countries in an effort to cut labor cost here in America. These challenges and changes within organization’s can cause miscommunication and misunderstanding between management and employee and sometimes require the intervention and protection of employment laws. Human resources management is the bridge that helps to guide and enforce these laws (Cascio, 2010). Throughout this paper, the writer will discuss the role human resources management plays in the unionized company and the nation’s number one pure grocery chain, Kroger. 21st Century Organizations and Unions The Kroger Company was founded in 1883 by Barney Kroger who invested his life savings to open the grocery store in downtown Cincinnati, Ohio. Today the chain operates 2,500 supermarkets in 31 states with sales of $70 billion and is considered the nation’s current largest retailer and is known as a unionized company (Corporate News, History,). A union is explained as being...

Words: 872 - Pages: 4

Premium Essay

Kotter’s 8-Steps: Leading Change in the 21st Century Organization

...Kotter’s 8-Steps: Leading Change in the 21st Century Organization Is there a good way to attack change in organizations? To influence (and maybe even ‘fix’) the complex org cultures that drive the collective behavior of their members? John Kotter gave us perhaps the best-circulated approach for change in his HBR paper that turned into the classic: Leading Change (1996). With the caveat that there are no silver bullets I believe Kotter provides a strong, intuitive and timeless approach to grappling with change. Unfortunately, too many have given up along the way. Organization change and, more specifically, changing an organization’s culture, share a common scope and scale. They are, in many ways, intertwined. That means Kotter can take us in the right direction. Let me recap his 8-point outline here, providing some 21st century insight and ‘solution language’ of my own to update his framing. 1. Urgency. Per Kotter, one of the biggest enemies is complacency. Why change? Keeping things the way they are is easier. That may be. But the path to major improvements of any kind will be held hostage with this mindset. Low standards or segmented (silo’d) accountabilities can create a false sense that eveything is okay. Change requires everyone to get beyond that comfort zone, to “step up” for something new, different, and better. 2. Coalition. Inspiring and sponsoring change is the work of leaders, so it’s critical that they engage. That means an oversight group that......

Words: 861 - Pages: 4