The document discusses strategies for addressing an oil spill crisis at BP, including leadership approaches, recruitment tactics, and job design considerations. It recommends an autocratic leadership style to quickly address the problem, recruiting external environmental cleanup experts, and designing specific tasks like stopping the leak. It also outlines general HR strategies around training, performance management, and resolving workplace disputes.
In this webinar you will develop an understanding of how to calculate employee turnover, as well as learn why employee turnover is an important metric in managing your employees. We will cover how to develop and implement employee retention strategies in order to protect you from high turn over costs.
In this webinar you will develop an understanding of how to calculate employee turnover, as well as learn why employee turnover is an important metric in managing your employees. We will cover how to develop and implement employee retention strategies in order to protect you from high turn over costs.
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Creating and capturing value: More than just cost reduction webinar
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presented by
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The link to the write up page and resources of this webinar:
https://www.apm.org.uk/news/creating-and-capturing-value-more-than-just-cost-reduction-webinar/
Ashley Patterson, HR Business Partner at Department for International Development (DFID) on HR Strategy in Fragile States. The presentation was made to participants at the People In Aid Members' Forum on 19 November 2013.
CAPITAL STRUCTURE : Capital structure can be defined as the mix of owned capital (equity, reserves & surplus) and borrowed capital (debentures, loans from banks, financial institutions)
Creating and capturing value: More than just cost reduction webinar
Thursday 13 December 2018
presented by
Iain Fraser
The link to the write up page and resources of this webinar:
https://www.apm.org.uk/news/creating-and-capturing-value-more-than-just-cost-reduction-webinar/
This power point entails information on Laissez-faire leadership style. it encompasses the definition, characteristic, advantages and disadvantages of Laissez-faire Leadership.
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6.18.pdfChapter 1 TopicsThe Next Generation HRCorey .docxevonnehoggarth79783
6.18.pdf
Chapter 1 Topics
The Next Generation HR
Corey Wicks
Sara Elnour
MGMT 3010
Summer 2014
Virg
HR Fundamentals (Corey)
• HR (Human Resource) function- Window through which to observe a
business.
Approach: “Tell us about your business”
• Translate external issues into internal actions.
• HR is not the business, HR supports the business (creates value).
• HR professionals need to understand the business.
HR Stage 1-
Administrative duties (Employee Compensation, Attendance,
Pension/Retirement, Employee Recruitment)
HR Stage 2-
Sourcing, Rewards, Training, Communication
HR Stage 3-
Integration (Simultaneously work with different functions
such as Finance, Marketing, Operations).
Heightened Individual Attention (Work Place Environment,
Personality Screening-Myers Briggs)
HR Stage 4-
Realize External Business Conditions “HR from the outside
in”
HR working from the outside, in (Corey)
• Employee Placement/ Promotion- Based on customer expectations
“employees our customers want to work with”
• Training from the outside- customers, suppliers, investors, regulators help
design training programs
• Rewards from the outside- customers (determine best performing
employees) & investors
• Performance Review- customers & investors asses performance standards
• Communication from the outside- Employee messages shared with
customers & investors
• Culture from the outside- identity of business from customer’s perspective
Macro-environment that affects HR (Corey)
• Society (changing LGBT policies)
• Technology (Electric Vehicles, Solar power)
• Economies (U.S. Housing Bubble)
• Politics (Arab Spring 2011)
• Environment (Hurricane Katrina-Damage businesses, affect business
suppliers)
• Demographics (China’s one Child Policy-population control)
Business Stakeholders (Corey)
• Definition: Those that have an interest or concern in a business.
• HR Function: Create and deliver expectations to each stakeholder
http://www.bing.com/images/search?q=business+stakeholders&FORM=HDRSC2#view=detail&id=5C7DAB2DDB20BC5F3666B8959CBB75DF47EF7AE6&selectedIndex=3
Business Strategies (Sara)
• managing risk-operational, strategic and financial
• global positioning- conducting business worldwide
• managing a globally diverse workforce- increase culture, increase
the ideas
• adapting or change
• collaborating across boundaries- increase product ideas and
innovation
HR Transformation (Sara)
• HR is now focusing more on customers, suppliers, managers,
owners and the community
• HR is now more integrated in many business support functions
• HR is focusing more in delivering value to the company
Concl.
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Macroeconomics- Movie Location
This will be used as part of your Personal Professional Portfolio once graded.
Objective:
Prepare a presentation or a paper using research, basic comparative analysis, data organization and application of economic information. You will make an informed assessment of an economic climate outside of the United States to accomplish an entertainment industry objective.
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The French Revolution, which began in 1789, was a period of radical social and political upheaval in France. It marked the decline of absolute monarchies, the rise of secular and democratic republics, and the eventual rise of Napoleon Bonaparte. This revolutionary period is crucial in understanding the transition from feudalism to modernity in Europe.
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Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
5. BP Oil Spill
10,000 litres per hour leaking into Gulf. Need to solve the
problem. Crisis management time!
Need management to fix issue – Which leadership style and
why?
Need to recruit environmental cleanup expert – Internal or
External + why?
List 3 tasks BP workers will be expected to carry out + state
whether to adopt a SPECIFIC or GENERAL design.
6. Training and Development (as a
strategy)
Aim?
Formal
Informal
Importance of training
(teaching new skills):
Importance of development
(preparing employees for
future responsibility):
achieve long term change to skills,
knowledge + attitude –
lead to sustained competitive adv
Qualifications
E.g. Masters
Mentorship/on the job
competitive adv + grow
motivation of employees +
leave business in strong hands
7. Performance management
WHAT IS IT?
Address individual employee performance.
Managers + employees work together to monitor, evaluate and modify
their job performance and job design
Development benefits – • Administrative benefits -
Issues -
communicate expectations,
helps build culture, identifies training +
development need, identify strengths +
weaknesses
increase productivity, assist with
HR planning, shows effectiveness
of current process
must get employee buy in requires effective communication from
management, must be fair and objective
8. Rewards
Monetary
Non Monetary
Individual
Group
cash, bonuses, commission
flexible hours, holidays,
parties, career support
employee of the month,
ind contract review
– can be detrimental
team of the month,
collective bargaining
9. Global Context
Cost
Skills
Supply
Increase in standard of living/min wage in aus – force companies such as
pacific brands and optus to outsource overseas
Cost of bringing foreign employees here
457 Visas
Shortage of skills – such as primary teachers, nurses, hairdressers –
Temp working 457 visas – blamed on education system
Sydney – global market place for recruitment – staff are willing to relocate.
Not willing to relocate to other countries – e.g. South Africa
Town like Nowra – hard to attract
10. Workplace relations and disputes
Conflict can arise between different stakeholders. Within HR process focus
is mainly on disagreements between management and staff.
Tactics when dealing with industrial disputes:
Employees – Strikes
Employers – Lockouts
Main dispute causes:
Remuneration (pay)
Employment conditions (working hours, leave, superannuation)
Job security
Work place health and safety
12. Effectiveness of HRM – Indicators:
Corporate Culture
Indicators – employee behaviour,
participation, loyalty
Positive culture – trust, happiness,
shared understanding
Absenteeism
Accidents
Level of disputation – numbers
of + nature of grievance
Benchmarking key variables
Quantitative – Changes in staff turnover
(staff leaving, seeking transfers, no. of
applicants), Lateness
Qualitative – Communication in
meetings, informal observations
Worker satisfaction
Attitudes, opinions and level of
motivation
Relates to - quality + quantity of
production – customer satisfaction –
level of innovation
http://www.brw.com.au/p/leadership/atlassian_australia_best_place_to_KMEEYtOaoxEFnhWsocHfRM
Editor's Notes
Aim – achieve long term change to skills, knowledge + attitude – lead to sustained competitive adv
Informal – mentor, on the job
Formal – qualifications
- competitive adv + grow – motivation of employees + leave business in strong hands
Develop benefits –, communicate expectations, helps build culture, identifies training + development need, identify strengths + weaknesses
Administrative benefits – increase productivity, assist with hr planning, shows effectiveness of current process
Issues – must get employee buy in requires effective communication from management, must be fair and objective
Monetary – cash, bonuses, commission
Non – flexible hours, holidays, parties, career support
Ind – employee of the month, ind contract review – can be detrimental
Team – team of the month, collective bargaining
Cost – Increase in standard of living/min wage in aus – force companies such as pacific brands and optus to outsource overseas
- Cost of bringing foreign employees here
Skills – shortage of skills – such as primary teachers, nurses, hairdressers – Temp working 457 visas – blamed on education system
Supply – City like Sydney – global market place for recruitment – staff are willing to relocate. Not relocate to other countries
- Town like Nowra – hard to attract