FINDINGS 1. NALCO which is public sector enterprise has been able to achieve sustainable growth in business through innovation and its dynamism. 2. It has been able to develop its human resource consistently and continuously that has aided the organization to achieve its goal with its excellence in productivity and quality and reduction in cost and wastage. 3. NALCO has been fairly successful in satisfying its customers and shareholders and employees and stakeholders. 4. NALCO’s success is also enhanced and is easily attainable because of it very eminent and reliable R&D which it always believes in intensifying for various technological development. 5. NALCO being a Public Sector Enterprise follows very different way of hiring its employees. …show more content…
NALCO has been a little negligent in understanding the issues faced by the management team. 8. This report basically focuses on the manpower planning in the HR & A department in the corporate issues. 9. NALCO has its predefined manpower allotment in its SANCTION PLAN formulated by French Company PICHINEY. But with time and added responsibilities number of departments and work load has been intensified. 10. Since employees once hired stay in the organization till there Super-Annuation there is lees turn-over. 11. The compensation offered to the employees also aids to fewer turnovers which is3.14%. 12. The labour productivity of the organization has been increasing in the preceding years. 13. The recruitment of GETs is aggressive and is done every year in large volumes. But the recruitments of MTs are done as and when required. The recruitment is done only in the induction level through written exams conducted by external agency such as GATE Exam. 14. Usually the directors and the executive directors are selected by the Central Government. 15. NALCO has good blend of quality work and positive work culture. 5.2. SUGGESTIONS 1. NALCO usually recruits engineers in the induction level who with stipulated time are promoted to the next higher
Contents Terms of Reference 2 Procedure 2 Findings 3 Current Structure 3 New Structure 4 Employee Relationships 4 Instructing Staff 5 Contingency Variables 5 Conclusion 6 Recommendations 6 References 7 Appendix A 8 Terms of Reference I am a HNC business student. I am writing this report as part of my course. This assessment covers outcome 4 of the Managing People and Organizations' class.
Terms of Reference I am a HNC business student. I am writing this report as part of my course. This assessment covers outcome 4 of the Managing People and Organizations' class. Unit F84T 34 Procedure In order to construct this report, I read the case study and highlighted information that I thought was relevant to this report.
It is widely recognized by the customers for introducing a variety of innovative and high-quality products to the market while the competitors could not do the same. “During this period of time, the company grew at a very fast rate and expanded its market to Europe, Asia, and Latin America” (dynacorp case study). However, Dynacorp’s glory did not last long. The company started to face many problems while its competitors began to close the technology gap and gained back the
Highly qualified employees + + + + Sustainable competitive
As people and technology continue to evolve so do the ways we fight wars. There is currently a gap in the knowledge and skills between current Noncommissioned Officers (NCO) and the NCOs future operations will demand. This paper goes over what the NCO 2020 Strategy is and how it will close that gap. It will identify the reasons for the NCO 2020 Strategy, the end state, and tasks NCOs must complete in the interim to realize that end state. This paper starts with the statement of the overall vision and intent of this strategy before delving into the three Lines of Effort (LOE).
Thirdly, I believe that flexibility is very important today with the employees, because if the working hours are not flexible, they tend to either do not prefer working here or when they get the opportunity they move out. So if wee summarize, in my experience I believe that wages, growth and flexibility are the main reasons that cause turnover in the
An example of this is the use of a new peie of machinery by operations may require human resources to hire appropriately trained workers or train existing workers who are able to operate it. This may include having to terminate existing employment contracts in order to accommodate new workers. The performance of human resource management affects the performance of other KBF’s especially operations. It is the role of HR management to ensure that workers are skilled enough and have the motivation to complete tasks set by managerial staff. If this is completed to a high standard, the business will be able to operate at its highest efficiency rate therefore affecting the other KBF’s than operations.
1. Introduction Launched out of a garage workshop in southern California, the first Mattel products were picture frames. Moving on from doll house furniture made from picture frame scraps, the company invested its interest in toys. Barbie and Hot Wheels are among the largest commercial successes Mattel has to its name. Mattel went public in 1960 and joined the Fortune 500 in 1965 with sales of more than $100 million. Mattel went on to acquire brands like Fischer-Price, Tyco toys and American Girl and emerged as a parent company with seven subsidiaries.
To assist with the consultation process, we will develop a formal talent philosophy, Human Resources strategy, and a specific staffing strategy. Chern’s talent philosophy describes how employees should be treated and the expectations employees will be held to. Your talent philosophy is that employees are expected to provide top level knowledge and customer service, while attaining sales quotas. Failure to meet quota for four consecutive months will lead to a warning and an additional month of not meeting quota will result in termination. To encourage leadership behavior, employees are encouraged to meet quotas independently as a reflection of employee and departmental freedom.
The company has also gained a strong brand image, because of its uniqueness as a
INTRODUCTION Human resource management is the strategic approach to the management of an organization 's most valued assets - the people working there who individually and collectively contribute to the achievement of the goals of the business (Armstrong, M., 2006). In other words, human resource management is a to work with employees, and for the employees, to help them solve their problems. Therefore, human resource is a complicate department, as they deal with people who already work there, they also deal with several issues which happen among new employees, such as recruitment, selection and so on. Nowadays, employee retention becomes one of the most significant issue in the organizations, and managers are aiming to find the best employees
The enterprise’s competitive advantage is their excellent customer service which requires “highly motivated staff” in order all of tasks required to provide the service with high quality. The enterprise has its own culture which
THEORETICAL BACKGROUND OF THE STUDY: 3.1 RECRUITMENT & SELECTION Recruitment and selection is one of the most important management functions. The whole process represents a significant investment in both financial and other resources. Recruitment and selection are two of the most important functions of personnel management. Recruitment procedure selection and helps in selecting a right candidate.
The research noted that recruitment procedures that provide a large pool of qualified applicants, paired with a
SP18 MGMT3341.02/03 - Human Resource Planning, Staffing, & Selection Team #6 - Heather Fralish, Craig Gil, Emerald Kormah, Jennifer Restivo, Bianca Tolentino Team Exercise: Chapter 2, Case Study (page 44-45) Integrating McDonald’s Business, Human Resource, and Staffing Strategies This week, we were asked to take a closer look into the business of McDonald’s and to discuss the importance of people to the organization. As we all know, all businesses thrive on one main person: their consumers. Without them, no business could be successful! But in order for the consumers to be happy, a business thus begins with another person: their workers.