Human resource management practices of Startup companies
Step 1: Selecting a local startup company with the age of 2-5 years having the access to information
Step 2: Developing business and organizational profile (inception, company size in terms of asset and employees, promoters/founders, products/services, financing, marketing strategy and target customers, SWOT analysis, industry analysis, key competitors, market leader etc.)
Step 3: Literature review focusing on
(a) Concept of startups, lifecycle of startups and success rate of startups
(b) Human Resource Management (No later than 2016)
(c) HRM practices in Small companies
(d) HRM practices and challenges of Startups
Step 4: Collecting data about the following issues:
(a) Is there any separate HR department? If so, what is the number of employees?
(b) Is there any written HR policy?
Step 5: Collecting data by in-depth interview
To whom:
(a) Promoters/Founders
(b) HR head/staffs
(c) Head or staffs of other functional departments
.
.
.
__________________________
(c) Mirza SH
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Human resource management practices of Startup companies
1. Submission to:
Dr. Alima Aktar, PhD
Ph.D. in Human Resource Management,
Universiti Utara Malaysia (AACSB & AMBAAccredited)
Assistant Professor
Department of Business Administration
School of Business Economics
North South University
2. Aktar, A. & Islam, Y. (2019). 'Green human
reosurce management practices and employee
engagement:empirical evidence from RMG
sector in Bangladesh.' International Journal
of Bangladesh Society for Human Resource
Management. Vol. 3, No. 1
Aktar, A. (2016). 'Employee engagement:does it matter for
employee performance?' The journal of the
institute of cost and management accountants
of Bangladesh (ICMAB). Vol. 44, No. 4
Aktar, A. (2011). 'Board composition and firm performance in
Bangladesh: an empirical study on listed
finanacial institutions.' The journal of the
institute of cost and management accountants
of Bangladesh (ICMAB). Vol. 40, No. 2
Aktar, A. (2011). 'Challenges of organizational restructuring
for HR managers in Bangladesh.' AIUB
faculty journal. Vol. 3, No. 1
Aktar, A. (2010). 'Convergence of corporate governance in
Bangladesh:an empirical study on listed
financial institutions.' The journal of the
institute ....... And so on ........
Dr. Alima Aktar, Ph.D.
Submission to:
Dr. Alima Aktar, Ph.D.
Submission By :
Mirza Shameem Hasan
ID No: 1835026690
3. Submission to:
Dr. Alima Aktar, Ph.D.
Step 1: Selecting a local startup company with the age of 2-5 years having the access to
information
Step 2: Developing business and organizational profile (inception, company size in terms
of asset and employees, promoters/founders, products/services, financing, marketing
strategy and target customers, SWOT analysis, industry analysis, key competitors, market
leader etc.)
Step 3: Literature review focusing on
(a) Concept of startups, lifecycle of startups and success rate of startups
(b) Human Resource Management (No later than 2016)
(c) HRM practices in Small companies
(d) HRM practices and challenges of Startups
Step 4: Collecting data about the following issues:
(a) Is there any separate HR department? If so, what is the number of employees?
(b) Is there any written HR policy?
Step 5: Collecting data by in-depth interview
To whom:
(a) Promoters/Founders
(b) HR head/staffs
(c) Head or staffs of other functional departments
Our Key Aims to cover the goals
4. Submission to:
Dr. Alima Aktar, Ph.D.
Name of Company : S.A.K. Real Estate & Dev. LTD
Inception Year : 25/03/2018 (lin)
Type of Company : Private Limited Company
Type of Business : Real Estate Developer & Seller
Company Information & Internal Structures
5. Submission to:
Dr. Alima Aktar, Ph.D.
Mr. Anwar Hossain, Ex-Chairman chuadanga
the Chariman, is one of the most successful and renowned businessman of the
country.His leadership quality and innovative ideas, knowledge and acumen,
strategy and dynamism are helping Nokshi in achieving its goal.By dint of his
enthusiasm, he has established the following business houses.
S.M syedur Rahman Sayed
Director ( BSc Engineer Civil ), MBA
Mr. Altaf Hossain,
Managing Director, is also one of the successful and renowned businessmen of
the country. His leadership quality and innovative ideas, knowledge and acumen,
strategy and dynamism are helping Nokshi in achieving its goal.By dint of his
enthusiasm, he has established the following business houses: From the above, it
is seemed that Mr. Altaf Hossain has gathered sufficient knowledge in business.
He is able to setup and run any business in Bangladesh
Promoters / Founders
6. Submission to:
Dr. Alima Aktar, Ph.D.
One of the first steps in developing a successful marketing strategy is identifying and analyzing your fellow
competitors. You can do this through detailed market research. If we do not know who are competitors are,
it is likely that someone else will gain a competitive advantage. For example, someone may have a more
user-friendly website or offer the same product at a lower price. After you have identified your competitors,
you must stay current on their offers and products, in order to stay competitive insame business.
BDTo-Let.Com - Real Estate Marketplace
Interior Sketch - Interior Design
Rental Home BD - Renta Properties
Dommino- real estate
Inside & key competitors
12. Submission to:
Dr. Alima Aktar, Ph.D.
Inside & key competitors ...(cont..)
The concept of startup
(a). The lifecycle of startups
(i) Bootstrapping stage:
(ii) Seed stage:
(iii) Creation stage or Momentum stage:
b). STARTUP SUCCCESS RATE STATISTICS
Of all small businesses started in 2014:
80 percent made it to the second year (2015);
70 percent made it to the third year (2016);
62 percent made it to the fourth year (2017);
56 percent made it to the fifth year (2018).
Given those numbers, a bit more than half of all startups actually
survive to their fourth year, while the startup failure rate at four
years is about 44 percent.
Human resource management:
HRM practices in small companies
13. Submission to:
Dr. Alima Aktar, Ph.D.
Inside & key competitors ...(cont..)
HRM practices and challenges of Startups
1. Not having the right policies in place
2. Not hiring and firing smart
3.Employee Feedback
4.Skill Training & Talent Development
5.Documentation & Reporting
14. Submission to:
Dr. Alima Aktar, Ph.D.
Inside & key competitors ...(cont..)
HR policies of the company:
Work Health and Safety Policy
Leave Policy:
Discrimination and harassment policy:
Sick leave policy:
Code of Conduct:
Performance Counselling and Discipline Policy: