Topic 1- Human Resource Management (HRM) Today HRM act as vital role in field of Organizational Management. It is the human aspect of Organizational Management or Business Administration in an organization. HRM is defined as : “HRM is the efficient and effective utilization of Human Resources (HR) to achieve goals of an organization”(Opatha, ) According to the above definition of HRM, a) An organization means an economic and social entity composed of a group of people who interact
Words: 9092 - Pages: 37
LECTURE OUTLINE 1. What is an Organisation? 2. Who Are Managers? Chapter 1 Introduction to Management and Organizations 3. What Is Management? 4. What Do Managers Do? 5. Evolution of Management 6. Why study Management? 1 What Is An Organization? 2 Characteristics of Organizations • An Organization Defined –A deliberate arrangement of people to accomplish some specific purpose (that individuals independently could not accomplish alone). 3 Who Are Managers?
Words: 9830 - Pages: 40
ISSN 1179-724X Project no. 13.3/10147 Public Annual Telecommunications Monitoring Report 2013 Telecommunications monitoring report Date: May 2014 2 CONTENTS Executive Summary Introduction Purpose of this report Data sources Market overview TelstraClear disappears UFB drives up telecommunications investment Broadband connections continue to grow Calling volumes converging Total revenue rise not sustained Fixed-line and mobile markets show similar levels of concentration Retail fixed-line
Words: 15336 - Pages: 62
Introduction Persons that are born between 1980 and 1994 are classified as generation Y. They are latest members to join a multigenerational workforce, in fact they are the newest and the last members of the workforce. “Generation Y are likely to have high expectations of personal and financial success, feel that hard work pays off, and have a get-it-done result-producing attitude” (Breaux 2003,p52). Managers all over the world have been struggling with the challenge of attracting, managing and
Words: 4210 - Pages: 17
Objectives 1. Define human relations and determine why its study is important. 2. Summarize early studies that laid the groundwork for understanding employee motivation. 3. Compare and contrast the human-relations theories of Abraham Maslow and Frederick Herzberg. 4. Investigate various theories of motivation, including Theories X, Y, and Z; equity theory; and expectancy theory. 5. Describe some of the strategies that managers use to motivate employees. 6. Critique a business’s program for
Words: 8260 - Pages: 34
Course Syllabus Welcome to the course entitled Information Management in Business. During the class sessions, you will be acquiring knowledge that you help you both in your personal as well as in your professional endeavors. Due to the nature of this course, all students shall respect the opinions and comments made by their fellow students. Under no circumstance shall there be any animosity toward religious, political, cultural, or any other beliefs that might be expressed in the classroom
Words: 4646 - Pages: 19
employee’s personnel file. The most important conclusions are that age seems to have no relationship to productivity; older workers and those with longer tenure are less likely to resign; and married employees have fewer absences, less turnover, and report higher job satisfaction than do unmarried employees. But what value can this information have for managers? The obvious answer is that it can help in making choices among job applicants. Ability
Words: 3863 - Pages: 16
Riordan Manufacturing is facing a decline in morale and work ethics. Declining sales and uneven profits over the years not only forced the company to change its sales processes, but also prompted them to adopt a customer-relationship system. Riordan’s HR reward and compensation policy program needs to be revised to deal with the existing problem. HR professionals over the world know that their toughest job is recruiting and retaining top-notch employees for their companies. With unemployment at its
Words: 5242 - Pages: 21
MGT101-HK1. PRINCIPLES OF MANAGEMENT- MIDTERM EXAM Click Link Below To Buy: http://hwaid.com/shop/mgt101-hk1-principles-management-midterm-exam/ Question 1 1 points Save The last step in the planning process is to: put the plans into action choose the best alternative for reaching objectives develop premises upon which each alternative is based state organizational objectives Question 2 1 points Save Which management writer popularized
Words: 3771 - Pages: 16
Chapter 1: Strategic Role of HRM Strategic Role of Human Resources Management Human Resources Management (HRM): management of people in organizations to drive successful organizational performance and achievement of organization's strategic goals - Attract, retain, engage diverse talent - Hire best, develop talent, create productive work environment ** HR Strategy align with Company Strategy Better HR practices = Better Organizational performance Which practices? ○ Profit Sharing Result
Words: 21571 - Pages: 87
