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Showing posts with the label Human Resource Management

Robinson Model of Employee Engagement

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The model gives emphasis on the feeling of value and involvement that an employee gets while working in an organization. A  feeling of involvement gets through co-operation,  family friendliness,  communication and feeling of value is earned by equal opportunities, fair treatment, training, and development. Robinson (2004) engagement model is based on the personal values of employees. When the communication strategies of a company are developed, it is possible to measure these values with simple measurements such as high, medium or neutral. This method is more used in companies with a large number of employees but with proper communication channels.   References Vinod. S. (2018) EMPLOYEE ENGAGEMENT- MODELS AND ORGANISATIONAL IMPLICATIONS. Academia. [Online] 5 (3), 78-81. Available from: https://www.academia.edu/37626078/EMPLOYEE_ENGAGEMENT-MODELS_AND_ORGANISATIONAL_IMPLICATIONS [Accessed 17th January 2020].

6 Strategies for Effective Performance Management

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Performance management is a challenging task of HRM and creating a work environment where you and your employees can perform well is not an easy task. But it is possible with the right strategies. Effective performance management is about leadership, interpersonal relationships, constructive feedback, and teamwork. But when it comes to difficult HR tasks such as managing process, aggregating data, keeping other managers motivated to provide employees with useful feedback, there are strategies to make these activities more doable than before. It is important to note that even these strategies that are discussed below fall under the umbrella of performance appraisal. 6 Performance Management Strategies Define and communicate company goals and performance objectives: employees cannot meet performance expectations if they are not clearly outlined. There are modern software's for goal tracking which allows communicating these goals and objectives clearly.  Use of Performance Mana...

Job Design

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Job design is the process of organizing work into the tasks required to perform a specific job. Job design involves the continuous efforts to improve existing processes by identifying tasks, duties, and responsibilities into a unit of work to achieve certain objectives. It is a key responsibility of modern HR managers to understand and have a keen interest in individual jobs within the company. Modern HR managers have realized that the design of the job has a considerable influence on productivity and job satisfaction. Poorly designed jobs often result in boredom, increased employee turnover, job dissatisfaction, low productivity, and an increase in the overall cost of the organization. Thus, job design is an attempt to create a match between the job requirements and available human resource attributes. The Main Goals of Designing a Job Facilitate employee interest and increase job satisfaction Increase productivity through employee motivation Identify employee training needs...

Employee relationship management & Technology

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Employee relationship management (ERM) constitutes an emerging trend of managing human resources by building and maintaining individualized and mutually valuable relationships with employees based on information technology. Today ERM has developed and automated into systems and cloud-based platforms with many features allowing the companies to better manage its employees than before. ERM has derived from Customer Relationship Management (CRM). In the same way, a customer is important to the company, an employee is also very important to the company. Thus companies are investing more into ERM to manage the relationship between the employee and management in a more proactive approach. Why employee relationship management is important The number one reason why employees resign from their job is because of the relationship with their manager and coworkers. When the relationship between the manager and employee is strained, there are two possible outcomes. One, the employee quits. Or two...

Talent Managent

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Talent Management (TM) has emerged as a concept of great interest to researchers and practitioners of Human Resource Management. This was studied and presented as evident by a recent research report for the Chartered Institute for Personnel & Development (CIPD) carried out by Jim Stewards of Leeds Metropolitan and colleagues from Nottingham Trent University. The book “War for Talent” published by Mckinsey & Company is referred by most of the modern companies to succeed in the fears competition in the modern Human Resource Management sector. More stressed subjects such as hiring and developing top talent while managing underperforming employees - are discussed in the book War for Talent which has made it popular among modern HM managers. As per the book, there are three fundamental forces fueling the need for better TM and those three are; The inevitable shift from the Industrial Age to the Information age: The organizational culture represented the modern pioneers and ...

Human Resource Management (HRM) - Definition and Concept

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We hear about Human Resource Management (HRM) often in the business world. HRM is a function of organizational structure that focuses on the processes related to managing its employees. The first definition of HRM is that it is the process of managing people in organizations in a structured and thorough manner. This covers the fields of staffing (hiring people), retention of people, pay and perks setting and management, performance management, change management and taking care of exits from the company to round off the activities. The second definition of HRM highlights the management of people in the form of a collective relationship between organizational management and employees. This approach focuses on the outcome of the HRM function such as enabling people, development of people and focusing on the “employment relationship” fulfilling for both the management and the employees. As a summary, personnel management is essential “workforce” centered whereas human resource managem...

Entrepreneurship in Sri Lanka

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Oxford Dictionaries (n.d.) describe Entrepreneurship as the activity of making money by starting or running businesses, especially when this involves taking financial risks; the ability to do this is pronounced as entrepreneurship. Anyone who learned business management at any stage of their lives surely has come across this word ‘entrepreneurship’ and most of you might have heard hours of lectures about how the entrepreneurs change the world as we know it. The existence of the business world is due to the successful entrepreneurs who took the risk and made it and the unsuccessful entrepreneurs who took the risk and failed allowing others to learn from their mistakes. Let’s identify a few commonly known qualities of an entrepreneur.   1.    Resolute motivation and passion: No one can achieve anything if they do not have a passion for reaching that goal. As a result of this absolute passion, motivation starts to create in an entrepreneur’s mind as he takes on n...

Why Humans are Considered as a Resource?

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Our earth has a large variety of natural resources like land, water, soil, forests, animals and minerals. Human beings so can discover, exploit, develop, and convert these natural resources into useful articles. (Oxford dictionaries, n.d). Human beings are the greatest resource and the most important asset on earth because of being a human being — able to think, strategize, rationalize, decide what is the best action, compassionate etc… (Lifesitenews.com, 2013) Source means medium (barring any positive or negative trait), and resource means a positive medium. Whenever a term “resource” is suffixed with humans, it simply means wheresoever the human beings are involved, there exists the involvement of their positive traits in the form of their physical & mental labor, their decision-making skills, their financial planning skills, their dedication towards the job performance, their group cohesiveness & teamwork, and many as such direct or indirect traits that adds to the ass...