In todays reputation economy, what you stand for as a corporation often matters more than what you produce or sell. says Reputation Institutes Executive Partner Kasper Ulf Nielsen. Peoples willingness to buy, recommend, work for and invest in a company is driven 60 percent by their perceptions of the company and only 40 percent by their perceptions of their products." []  CSR is one of the most significant factors deciding the image of a corporation, as it greatly implies the...
Performance Appraisal is the systematic evaluation of the performance of employees and to understand the abilities of a person for further growth and development. Performance appraisal is generally done in systematic ways which are as follows: The supervisors measure the pay of employees and compare it with targets and plans. The supervisor analyses the factors behind work performances of employees. The employers are in position to guide the employees for a better performance.Advantages of...
Human resource management concept has a claim that it is strategic in its approach while managing people at work place."The concept of HRM is often defined as a strategic approach to the management of an organisation's most valued assets- the people working there who individually and collectively contribute to the achievement of its objectives for sustainable competitive advantage". (Armstrong M, 1994).HRM emphasis on few aspects that are, interests of management, keeping strategic...
One of the first things that you will need to do when you start up a new business is to create your business strategy. The strategy that you decide up will be incredibly important for the future of your business since it will influence many of your future decisions and shape the nature of your university business. It is, therefore, it's essential to take the time to make sure that you choose the right strategy for you and your new business. Making the right choice now will affect the chances of...
Media encompasses all varied or distinct means of communication. Basically the term is coined from news reporting agencies or any press. Our Medias are broadly categorized as print and electronic Medias. Print Medias covers our local dailies/newspapers, magazines, special publications or even press releases. Under electronic classification, modes such as broadcasts (i.e. TV and Radios), mobile, documentaries/film, internet/blogs and electronic publishing are widely used. Electronic publishing,...
Central Issues of HRM in UAEIntroduction HRM usually has four basic issues:acquiring employees, developing employees, motivating them and retaining employees. Out of these four, acquiring employees, developing employees and retaining employees form the central issues of HRM in UAE.Acquiring Employees: This is very important issue in HRM as the selection of correct employee directly affects performance of the whole organization.Developing employees: Another main issue is the development of...
My research work operated on comparison with couple study skills such as: business ethics and corporate social responsibility (CSR). In brief, the business ethics define as critical, structured consideration of how people and institutions should behave in world of trade. Specifically, it is dealing with the relevant limitations on advancing own interest, either to profit companies where the actions of individuals or organizations impact others. In addition, briefly determine explanation of CSR....
The organization's structure concerns how people grouped and to whom they report (way of doing and managing the business). It exist two main types of organizational structure, formal (structure is constructed to fulfil specific objectives) and informal (loosely structured, spontaneous and flexible form). While the organizational culture of a company represents the behaviour and attitude of the workforce of the organization and the meanings that those employees link to their acts. In fact, the...
"…it is often believed that effective managers and problem solvers are born rather than made and have a kind of magical power to understand and transform the situations they encounter. If we take a closer look at the processes used, however, we find that this kind of mystique and power is often based on an ability to develop deep appreciation of situations being addressed. Skilled leaders and managers develop the knack of reading situations with various scenarios in mind and of forging...
Literature review is a summary of past paper that conducted by the previous researchers and explanation about the terms involve during this study. It aims on the critical points of current knowledge on a particular topic. This chapter is important because it can be a guideline on how the study can be done. Simon Reich states that, globalization constitutes a multiplicity of linkages and interconnections that transcend the nation states (and by implication the societies) which make up the modern...