In emerging business environment, employee is the most valuable capital for an organization to survive. From data entry work to management of organization, employee plays the role of maintaining daily activities and as well as achieving organization's goal. Without employees, organization might not be able to operate and perform well. Thus, company's productivity will be decreased and finally unable to compete with other organization in the emerging society. Therefore, organizations are...
In today's increasingly globalized world, the phrase 'diversity in the workplace' tends to pop up everywhere. The main reason being that modern technological advances in transportation have shrunk the globe to such an extent that it is no longer a problem to move to any part of the world be it for entertainment, studies and especially work. This paper explicitly focuses on literature that relates to cultural diversity in an organization and its implications on employee performance and the...
INTRODUCTION Economies in agricultural and manufacturing eras were predominantly relying on their capital assets such as machinery, land and the tools used for the production of their goods and services. In today's dynamic economic world they have given way to intellectual capital that an organization manages to get a competitive edge over others. In such era, a worker's skills and competency is much more important than the youthful energy he/she has. Another emerging field in the world of...
Emerging and Innovative companies dont stick only to computers or marketing strategies. They need HR strategies to boost up their business and to attain their goals. Vibrant and logical strategies have become an asset due to increasing effect of soft factor. It has been said that the most vital assets of any business walk out the door at the end of each day. Indeed, workforce and the administration of people are gradually seen as important components of competitive advantage (Boxall &...
There are so many companies in the UK which are doing the optical businesses but "Specsavers" is the top most company in the United Kingdom which started Doug and Mary Perkins in 1948. They started business at their home in the bedroom table-tennis table. This couple moved from Guernsey after the selling West Country opticians. At the beginning of 1980 British Government introduced first time advertising for professionals and opticians. So, they availed this facility by the help of...
Motivation is a driving force within all individuals to attain or avoid some objectives be the objectives tangible, money and goods or intangible; a person or relationship. A psychological process that originates both within and also beyond an individual, motivation initiates work-related behaviour, and determines the form, direction, intensity and duration of this behaviour. Understanding their employees' motives is vital for an organisation to be able to manage human behaviour, as it affects...
The incremental change which they started gradually but effectively put a lot of pressure on the traditional method of their banking system. Traditionally, the bank functional relationship was strong and was fully based on reciprocal understanding and faith amongst their employees regardless of the hierarchical structure. The hierarchical structure was inflexible but very effective with high morality of the employees but the employee turnover is low. These were the basic barrier which made it...
Over the last two decades organisations have witnessed great variations in markets, tremendous competition, rapid globalisation and economic turbulence. With customers becoming more demanding, satisfaction of customers has taken priority in running a successful business (Porter and Tanner, 2004). As a result, organisations have embraced a range of quality initiatives into every conceivable aspect of organisational work (Wilkinson and Willmott, 1995). In the older sense, Juran's edited work [2]...
The existence of complexities in supply chain networks and toughened economic situations coupled with rapidly growing pressure of globalisation within a highly competitive market environment in deed poses a major challenge to modern business organisations as they struggle to redefine their business practices to allow for improved development of their supply chain customers-suppliers relationships through positive collaborations in a bid to gain competitive advantage, improved customer service,...
Effective facilities management is vital to the success of any organization. Effective facilities management provides a safe and efficient working environment, which is important to improve the performance of any business whereas in corporate level, it contributes to provide strategic and operational objectives. In today's era, with fast growing of professionalism, facilities manager have high responsibility in arranging, providing and maintaining services. These range from space management,...