According to Balyan (2012) every organization is established to achieve certain objectives. For these objectives to be achieved, the performance of employees becomes very important.
Ruth (2014) in line with Balyan (2012) opined that one of the objectives of business owners is profitability and organization’s success depends on employees’ performance: poor performance is detrimental to organization’s success.
According to Gabriel (2014) the success of any business is directly affected by the performance of the employees within the organization, whether or not those employees are dealing directly with customers. Business that clearly understands the impact of their employees’ performance are better able to manage employee output and productivity.
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Intellectual capital talented labour force is now central to many organizations. Human capital encompasses both abilities which are influenced in part by genetic factors (e.g. intelligence, health, personality, attractiveness) as well as acquired skilled such as education, job training, tenure work experience and interpersonal relationships (Shenathan and Tuma, 1994).
According to Pennings et al (1998) several arguments support the view that a high level of human capital is related to employees’ performance and organizational survival.
First, Gimeno et al (1997) found that even among firms of equal economic strength, performance and survival were a function of variability on human capital.
Boone et al (1996) research on the role of CEO characteristics shows that human capital affects employees’ performance. Similarly, since professionals endowed with a huge level of human capital consistently deliver high-quality services, organizations championed by such employees are better able to attract and retain clients and strategic
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In today’s competitive business world and difficult economy, coherent, effective communication is more essential than ever before. It is the foundation on which organizations and careers are built and a crucial component of lasting success whether you are communicating with bosses, co-workers, customers, vendors or peers, using effective communication is essential to employee performance. Whether it is a face-to-face conversation or a professionally written e-mail exchange, a meaningful message entails establishing a connection that leaves a powerful impression (Akosi, 2014).
Communication is the message issued by a corporate organization, body or institute to its publics. “Publics” be both internal (employees, stakeholders) and external (agencies, channel partners, media, government, industry, bodies and institutes: educational and general public) (Riel and Fombrun, 2012).
An organization must communicate the same message to all its stakeholders, to transmit coherence, credibility and ethic. If any of these essentials is missing, the whole organization may
Performance Improvement Plan is used to improve employee performance, modify behavior and correct discrepancies. Employees put under the PIP have their work closely monitored. However to employees the PIP is not really a positive thing. It should be considered as a final warning or the last step to being fired.
Laissez-faire was a policy followed by the U.S. government that entailed the government could not take part in the affairs of businesses. Many entrepreneurs and businessmen, during the 19th century, took advantage of this, to its fullest extent. One of these men was Andrew Carnegie; an influential, wealthy businessman who became a prominent monopolist of the steel industry. However, contrary to popular belief, he was a robber baron, in that he became rich through unscrupulous acts. Carnegie exercised immoral business practices that included giving low wages to employees, lack of empathy towards his employees , and his deceitful nature.
An organization achieves performance by the leadership outlining the goals and expectations of each employee and
Communication can be split into different categories, namely • Verbal communication • Non- verbal communication • Written communication Effective communication involves minimising potential misunderstanding and overcome any barriers in the communication process. We make use of multiple communication channels , for example face to face conversations, telephone calls, text messages, emails, brochures etc. Choosing an appropriate communication channel is vital for effective communication, as each channel has different strengths and weaknesses. Written communication is always useful as a way of recording what has been said.
Their desire is to earn profit, but not at the expense of their employees, environment, customers, or the law. This is what makes the company’s business plan desirable. Not only is the company extremely profitable, but the model is built to last. The lack of turnover reduces the company’s expenditure exponentially. When a company treats its employees well, they want to remain at said company.
Employees that meet quotas and perform well are rewarded with bonuses based on customer service and sales, in addition to advancement within the company. These procedures and guidelines reinforce the idea that your company desires quality employees that are willing to improve the company and themselves. After a talent philosophy has been developed, a Human Resources strategy must be developed. A Human Resources strategy links the company’s business strategy and goals with the functions of Human Resources. Chern’s Human Resources strategy fits the following description: Human Resources desires to
Companies want to have a competitive edge over others in the business. Global Communications is at point, where they need to make some changes to their organizational structure to remain competitive in the market. The new approach of Global Communications will bring astonishing opportunity for growth in the industry however ethical dilemmas and issues will arise when the company implements the new plans. This paper will evaluate the issues and opportunities facing Global Communications in their goal to become a global leader in the industry. First a look at the situation Global Communications is facing to better understand opportunities and issues.
M.W. Cummin describes the word communication “process of conveying message (fact, ideas, attitudes and opinions) from one person to another so that they are understood”. [1] Communication in business: For businesses to be successful it is very important that communication must be effective. Effective communication
EXECUTIVE SUMMARY EMPLOYEES RETENTION Employee retention means to retain the employees in the organisations and not giving them chance to leave the organisations at any cost. The burly block for any organisations is just not to get the best employees for the organisations, but to also retain them in the organization. There are number of reason because of which an employee leaves or try to quit the job, some of them are: 1.
Performance Management Performance management according to --- is a function that that embraces activities such as articulated goal setting, uninterrupted progress reassessment, regular communication and feedback, as well as coaching for better performance. Likewise, it involves execution of employee development plans and rewarding accomplishments. In other words, performance management focuses on improving employee performance along with effort via a process that supports employees to get personal and professional fulfilment by a feel of purposeful contribution. In organisations, management is responsible for meeting organisational objectives through the involvement of others; through evaluating the performance of systems and human resources.
Researchers have shaped compelling evidence for the fundamental relation between employee performance and how management acts with them (Boheene & Asuinura, 2011). They claim that the effectiveness of human resource practices, particularly employee selection, performance appraisals, benefits and reward management, procedures and employee training and development often have a direct effect on the productivity and performance of the employee. And implementing an effective human resource management can enhance the organization 's ability to attract and maintain qualified and motivated employees yield greater profitability, low employee turnover and these invariably lead to higher productivity.
Introduction Business communication is a process where both the employer and the employees in a company share and exchange information. Be it the corporate world or the education arena, priority is given to ‘speaking’ correct English. People in these fields have understood that communication skills mean speaking skills. Most people think that writing skills are not essential for effective communication. But that is not the truth.
With an array of new challenges and responsibilities to tackle, inexperienced managers often need suitable training to understand their roles and responsibilities. This course will train managers in critical skills required for planning, supervising, and communicating effectively. For a manager to reach out to the employees efficiently, it is vital to be aware of the various channels of communication. This course will guide you through the various barriers to effective communication and suggest solutions to overcome them.
CHAPTER 1 INTRODUCTION: 1.1 Industry Profile: The health care industry is also called as medical industry or health sector. The health care industries are one of the fast-developing industries in the world. It is one of the economical segment, which offers medicines, drugs and various other services for treating the patients. This sector is considered as the social sector and is monitored by the State and Central Government.
P2) Explain the Strengths and weaknesses of different approaches to Recruitment and Selection Recruitment and Selection Recruitment can be defined as searching for and obtaining a pool of potential candidates with the desired knowledge, skills and experience to allow an organisation to select the most appropriate people to fill job vacancies against defined position descriptions and specifications. (Ref-Green, Paul C. Building Robust Competencies: Linking Human Resource Systems to Organizational Strategies. Jossey-Bass, 1999.) External recruitment brings new blood, new face to the organization.