Effective Management of Human Resources Essay - 1023 Words

Numerous researchers have recognized effective management of human resources internationally as a major determinant of success or failure in international business (Tung, 1984; Dowling, 1999). A definite link exists between an organization’s strategic human resource management and its business success or failure (Hays, 1971; Tayeb, 2005). Businesses have learned success often depends on forming strategic alliances but successful managing of these alliances is difficult due to differences in the company and country cultures, which often interferes with the ability of organizations to reap economic benefits and rewards from such alliances (Schuler, et al. 2006). This is true for domestic businesses and businesses operating in the†¦show more content†¦Miller, while researching over 200 companies, found only 19 of 100 Fortune 100 companies started in 1996 were still around ten years later, and concluded that success imperils an organization through the momentum it cre ates. He then described the rise and fall of major corporations after periods of apparent success. Vermeulen (2009) similarly concluded that the same thing that made Icarus successful led to his downfall. His overconfidence made him blind to the dangers of flying to close to the sun. How does it happen? Over the years companies begin to focus on the thing that made them successful (a particular product, service, production method, etc.). Initially it serves them well, and they become even better at it. It will also come at the expense of other products, processes, and viewpoints that the company considers less important and off the mark, and that are discarded or brushed aside (para. 6). As a result, firms are too late to adapt to fundamental changes in their business environments such as new competitors, different customer demands, radical new technologies, or newer business models. In his article, â€Å"Is Your Company Brave Enough to Survive†, Vermeluen (2009) concluded that there are a few downturn survival strategies companies might utilize in order to survive. He noted firms are better off opening up, exploring new sources of potential revenue, experimenting with bottom-up processesShow MoreRelatedThe Effective Management Of Human Resources1338 Words   |  6 PagesThe effective management of human resources is essential for business success. In this article, it will talk about the importance of the effective management of human resources. Human resources management is a function that using the limited employees to do the most work and make the business run, which is called HRM or simply HR. A valid work on human resources management will make busines s successful. The intention of this discussion is to argue about various sources, helpful purposes and functionsRead MoreHuman Resources Strategy : An Effective Human Resource Management Essay2577 Words   |  11 PagesHuman Resources Strategy: USAA – Service to the Services Russell A. Leatherman National American University MT6300: Human Resource Management September 5, 2016 Introduction An effective human resources (HR) strategy is the complete design, or strategic plan, that directs the engagement of specific HR functional areas. Subsequently, HR strategies will guide decisions about company personnel to make sure they are best suited for the company. For this to be successful, all of theRead MoreAn Effective Human Resource Management Department960 Words   |  4 Pagesthe direct link to all the various operations that make up our company, Human Resources management is vital to our current and future success. For us to prosper and satisfy our customers, Forever 21 must have an effective Human Resource Management department, one that can provide proper knowledge, necessary tools, and effective advice to guide employees and administrators towards successful operation (Heathfield â€Å"What is Human†¦Ã¢â‚¬ ). Since our debut, we’ve been continuously profitable. However, our downsideRead MoreHuman Resource Management : An Effective Management Of Individ ual1351 Words   |  6 PagesHuman resource management provides way through which people can be managed within the organization. It is being considered as one of the most important function for any company (Bernardin and et. al., 2011). This is because, it is with the help of the given concept only an effective management of individual can be carried out within enterprise. In addition to this, given department has the basic function of carrying out the recruitment, selection and training and development of the employees. ForRead MoreAn Effective Method Of Human Resource Management1383 Words   |  6 Pagescompetitive advantage, it is readily acknowledged that human capital represents an organization’s greatest asset. As such, it is critical for organizations to devise an effective method of human resource management (HRM) in order to maintain a competitive advantage within a global market. In addition, globalization of business has led organizations throughout the world to invest heavily in technology, and more specifically, in Human Resource Information Systems (HRIS) to efficiently handle such tasksRead MoreAn Effective Modern Human Resource Management2277 Words   |  10 Pages From the personnel to Human Resource Management requires re-thinking of traditional approaches of changing nature of work, workers and organizations. Efficiency and productivity and also demand fairness and equity for an organization, Human resource gives their vital contributions and is unique. The overall productivity of an organization can give a blow by equity. In the organization, to give a proper balance an effective modern Human Resource Policies is required. The functioning of the organizationRead MoreEffective Human Resource Management ( Hrm )2195 Words   |  9 Pagesdisaggregation and delineation of the competitive advantages of effective Human Resources Management, how and why human capital can be organised with employment relation strategies and the importance of the Fair Work Act as to why it should be carefully complied with. With this, Loose Change management will be able to infer the best courses of action in the establishment of the firm and its workforce. Effective Human Resource Management (HRM) is becoming an increasingly indispensable facet for organisationalRead More‘Human Resource Management Is Critical to the Effective Management of Organisations’1930 Words   |  8 Pages‘Human Resource Management is critical to the effective management of organisations’ Human resources are without a doubt the most important asset of any organisation and a resource which needs to be managed, but as Mullins (p.749) states, it is important to remember that unlike physical resources, people are not owned by the organisation. Human resource management is known to be one of the key management areas and is an essential part of every organisation. Certo defines management as the processRead MoreEffective Management Of An Organization s Human Resources1879 Words   |  8 Pagesopinion â€Å"An understanding of the key theories and principles relating to recruitment and selection, Personality and motivation are essential for the effective management of an organisation’s human resources†. This essay will also conclude my personal thoughts on whether all the attributes listed in the opinion are essential in the result of effective management. Motivation is the desire or willingness to fulfil a goal. Within the working environment, it is essential that the company’s employees to possessRead MoreEffective Operation Of Human Resource Management Function1593 Words   |  7 PagesQUESTION: Select two topics from the list below and critically discuss how they contribute to the effective operation of the Human Resource Management function. Your discussion must include theoretical issues and organisational examples. (100 marks) Introduction In this task, I will be discussing how recruitment and rewards contribute to the effective operation of HRM function. The purpose of HRM function is to get the utmost out of a business by improving the efficacy of its employees. A business

Emotional Intelligence ( Eq ) And Emotional Quotient Essay

Bobby Lindsey Mrs. Ehlers CollegeNow Comp 151 18 September 2016 Emotional Intelligence Many people ponder about the question â€Å"What is Emotional Intelligence (EI) or Emotional Quotient (EQ) and how is it different from Intelligence Quotient (IQ)?† Many people know about Intelligence Quotient or IQ and they probably hope to have a high one, but they may not realize there is also something called EQ and it plays a role in people’s lives every day. EQ is an important concept to learn and understand because there is a lot of research explaining that it can play a major role in determining if someone is successful in various aspects of life. Exploring this topic in more detail will help provide a better understanding of EI or EQ and compare it to IQ to better inform us about this concept. In this paper, the concept of Emotional Intelligence will be described in more detail to help the reader better understand what it is. Emotional Quotient and Intelligence Quotient are debatable topics and there is some controversy on the importance of each. This paper will describe both types of intelligence in more detail to help the reader better understand both types and how they impact people’s lives. The first step to understanding emotional intelligence is to define what it is. Emotional intelligence (EI), as defined by the University of New Hampshire, is: â€Å"one s ability or capacity to perceive, assess, and manage the emotions of one s self, and of others.† Another way ofShow MoreRelatedEmotional Quotient1145 Words   |  5 PagesSKILLS/PERSONAL DEVELOPMENT PORTOFOLIO EMOTIONAL INTELLIGENT By: Name: Andre Suryana Yahya Class: Dip15C Student No.: DipBA1509 Emotional quotient is the ability to sense, understand, and effectively apply the power of your emotions to build relationships compatibility (Estes, 2009). Emotional Intelligence is one of emotional quotient which is very important to allow us to be successful in managing our lives, environment, and the people around us since EQ will helps us to control our selvesRead MoreEmotional Intelligence And Personal Intelligence1571 Words   |  7 Pagesthe task to explain emotional intelligence, and give two (2) example of the concept. Second, to examine, the concept of â€Å"emotional quotient† compared to traditional â€Å"intelligence quotient.† Third to suggest two to three (2-3) reasons why leaders’ need emotional intelligence to manage today’s workforce, as well as to speculate on at least two (2) possible consequences should a leader not possess emotional intelligence. Fourth, to explore the elements of emotional intelligence that leaders must beRead MoreIq And Iq Vs. Iq917 Words   |  4 Pages whether EQ (emotional quotient) is more important than IQ (intelligence quotient) has become a popular debate. IQ as a factor which defines how smart you are, while EQ defines how well you express and manage your emotion. Cherry (2015) defined EQ as â€Å"a measure of person’s level of emotional intelligence. This refer to a person’s ability to perceive, control, evaluate and express emotion†, and IQ as â€Å"a number derived from a standardized intelligence test†. This essay will argue that EQ and IQ areRead MoreEmotional Intelligence Performance And The World Of Academia Essay954 Words   |  4 PagesEmotional Intelligence Introduction Traditionally, the applicant with the higher Intelligence Quotients (IQs) places first in the employment arena. However, Human Resource Managers indicate that candidates with high IQs, but less than desirable Emotional Intelligence Quotient (EQ) may be questionable in job performance and the world of academia. The purpose of this paper is to define, discuss, and provide examples of emotional intelligence and theories significant to the subject. AdditionallyRead MoreWhy EQ is More Important than IQ Essay1170 Words   |  5 PagesWhy EQ is More Important than IQ For decades, a lot emphasis has been put on certain aspect of intelligence. This intelligence is called IQ ( Intelligence Quotient ). IQ includes aspects of Mathematics, spatial learning, Verbal, logical reasoning, and memory. This intelligence could predict to a significant degree of performances and some degree of personal and professional success. However, some people with fabulous IQ scores are doing poorly in their life. They somehow are wasting theirRead MoreEmotional Intelligence And Criminal Behavior Essay1217 Words   |  5 PagesDiscussion: Most studies pertaining to Emotional Intelligence and Criminal Behavior, analyze the relation between the traits by creating a quasi-experiment with convicted criminals being placed in the experimental group and non-convicted criminals placed in the control group (1st Article cite). Other studies such as the 2nd article Authors and date created a correlational analysis between the two traits by having offenders undergoing scientifi c tests (2nd authors and date. One study focused its attentionRead MoreEmotional Intelligence And Effective Leadership Essay1144 Words   |  5 PagesEmotional Intelligence and Effective Leadership The correlation between emotional intelligence (EI) and leadership skills is gaining interest among scholars and business leaders. These professionals are interested in determining how understanding and managing emotions of the self and others affects leadership skills. Moreover, scientists and business professionals are interested in understanding the elements of emotional intelligence. To this end, the concept of emotional intelligence integratesRead MoreEmotional Intelligence And Effective Leadership1107 Words   |  5 PagesEmotional Intelligence and Effective Leadership Emotional intelligence is defined as the ability to manage one’s emotions in an intelligent manner such that they do not affect the decision-making process. It is also the ability to understand other people emotions, to know the reason for their behaviors and thus be able to communicate with them (Mayer, 2006). Emotional intelligence involves one’s proficiency in realizing and then being able to behaviors, moods and impulses and thus managingRead MoreTaking a Look at Emotional Intelligence1524 Words   |  6 PagesEmotional intelligence: Modern organizations are confronted with demands and pressure is growing consistently cost -effective education leadership, continues to intrigue researchers and practitioners. Considerable amount of research and attention to emotional intelligence and life, personality, social interaction, teamwork, education and leadership to identify links between social satisfactions has been paid. Today increasingly complex and changing world, researcher’s emphasized need for the newRead MoreComparing The Eq I And The Strong Interest Inventory Assessments1733 Words   |  7 Pages Abstract The research paper’s purpose is to compare and contrast The EQ-i and the Strong Interest Inventory assessments. EQ-i stands for emotional quotient inventory. The EQ-i was developed to assess emotion and social intelligence of people. Taking the EQ-i assessment helps many people determine what their strengths when dealing with things pertaining to stress, work ethic, and emotions that will affect the way they act and their success in the working world. The Strong Interest Inventory

Case Study Of Eat My Lunch Organization †MyAssignmenthelp.com

Question: Discuss about the Case Study Of Eat My Lunch. Answer: Introduction: About the organization Eat my lunch is a New Zealand based organization working in the food industry. Their unique concept aims to feed the poor and underprivileged. They provide a meal service where for every meal that a customer buys, one lunch goes to a kiwi child who would have otherwise gone to school without (YouTube, 2017). Founded by Lisa King and Michael Meredith in 2015, the firms mission is that no kid in New Zealand should go to school hungry. As on today, they have successfully provided over 5, 00000 lunches across Auckland, Hamilton and Wellington (Eat my lunch, 2017). Recently, on the same lines, they launched eat my dinner campaign (NZHerald, 2017). As a volunteer, I spent 5 hours every day where my duty involved making sandwiches, cutting it into slices and packing sandwiches along with fruit and some crackers. I worked with different people on a daily basis who were all very positive and willing to make a difference in the society. My experience As a social entrepreneur I discovered various skills that would assist me and help me build my own organization. From a young age, I have been fond of cooking. This helped me take keen interest in preparing sandwiches and I ensured that the food we packed is scrumptious to the taste buds. Secondly I worked with various teams like marketing team, delivery boys, operations team and other volunteers like me. This helped me function cordially with a team. I learnt to establish collaboration and effective communication between different team members. Thirdly due to interacting with so many people, I was able to increase my professional network. Many people volunteering there are also working with well-established organizations and few are studying in schools. Meeting so many people helped me widen my horizon regarding my outlook on various matters. Eat my lunch is a beautiful organization to work with and consistently aims to keep its customers happy (Facebook, 2017). I have had a lovely learning experience there and the skills that were imparted to me in that organization are sure to stay with me for a lifetime. Entrepreneurial Gaps Once I started working, I realized that in spite of having skills, there is a lot of investment that goes behind creating a social organization likes this. This requires investors who are willing to invest in your company. I came to know that my contacts in this field are negligible and hence I could not contribute in this regard. I fathomed that despite being a social firm, money is required for day to day activities and since a lot of money is not available, it must be spent wisely. Eat my lunch has managed its finances efficiently and today their investors are getting a return of 6% (Derek Handley, 2017) Another thing that I gathered was that such ventures require a lot of data research and mining. We need to keep a track of how many schools are there, which are schools with highest number of underprivileged kid, how many kids are there in every school and hence how many lunches do we need to send. Once this information has been gathered, we also did a background check on kids that whether they were getting and eating our lunches or not. This task was accomplished by a different team. Ideas for future social value: While working with eat my lunch, I personally worked with a lot of underprivileged kids, I felt their pain and I feel determined to bring about some changes in our society. Social entrepreneurship is a critical subject as it comes with a very high level of responsibility (Stanford Innovation, 2007). I wish to open a firm that provides employment to the underprivileged. I believe everyone possess talents and currently this talent is underutilized. Cleaning maids, car washing boys, watchmen and peons are many but this sector is highly unorganized. So much so that it is especially difficult for immigrants because of high levels of racist unemployment in this sector (NZHerald, 2017). This leads them to earn meagre wages. I aim to build an organization where with the help of an online app, people can book maids, car washing facilities on a monthly or yearly basis, they can hire watchmen and peons for their firms. The firm will take guarantee of their security by doing a background check o n both the parties. This will help in two ways, firstly households and organizations will not have to go hunting for maids and watchmen and secondly these underprivileged employees will earn a higher pay. Table Personal Entrepreneurial Means: Resources (means) for entrepreneur Your personal resources (means) Who are you? -Your traits, characteristics, abilities, values, strengths Highly Ambitious Visionary Leadership and team building ability. Time management Whom do you know? -People you know, personal and professional contacts Researchers who can collect data of underprivileged people of the city. People who would be willing to work voluntarily My parents can invest some money. Will look for other investors. What do you know? -Your knowledge and education I know my area very well and people who are working there I am fluent with coding and can design a user friendly website and application. References: Derek Handley, 2017, https://www.youtube.com/watch?v=vQ2ccmo5t28, viewed on 5 September, 2017. Eat My Lunch, 2017, https://www.eatmylunch.nz/, viewed on 5 September, 2017 Eat My Lunch, 2017, https://www.eatmylunch.nz/our-give-schools/, viewed on 5 September, 2017 Facebook, 2017, https://www.facebook.com/eatmylunch.nz/, viewed on 5 September, 2017. NZHerald, 2017, https://www.nzherald.co.nz/business/news/article.cfm?c_id=3objectid=11916743, viewed on 5 September, 2017. NZHerald, 2017, https://www.nzherald.co.nz/business/news/article.cfm?c_id=3objectid=11915916, viewed on 5 September, 2017. Stanford Innovation, 2017, https://ssir.org/articles/entry/social_entrepreneurship_the_case_for_definition, viewed on 5 September, 2017. YouTube, 2017, https://www.youtube.com/watch?v=SLz1jTKDfn0t=48s, viewed on 5 September, 2017.