Este documento trata sobre los diferentes tipos de valores. Explica que los valores son características morales como la humildad y el respeto. Luego describe que existen valores humanos, valores personales y valores sociales. Los valores humanos son bienes universales que nos humanizan y mejoran nuestra naturaleza. Los valores personales varían según cada individuo y están relacionados con la moral y la ética. Finalmente, los valores sociales han guiado el comportamiento de las personas y sociedades a lo largo de la historia y se reflejan en la cultura y las leyes
Este documento proporciona instrucciones sobre cómo personalizar el diseño y formato de páginas en Microsoft Word, incluyendo ajustar márgenes, agregar columnas, cambiar el color de fondo, agregar marcas de agua, bordes, tablas, imágenes, gráficos y tablas de contenido, entre otras funciones. Explica el proceso paso a paso de navegar los menús y opciones de diseño para aplicar estos cambios de formato a una página de Word.
El documento describe las últimas tendencias y avances en tecnología de pantallas para smartphones. Se mencionan pantallas curvadas, flexibles, transparentes, proyección holográfica y cámaras duales como características que representan el futuro de los dispositivos, permitiendo nuevas experiencias para el usuario. El documento concluye que los smartphones son un portal hacia las próximas innovaciones tecnológicas.
El documento describe una propuesta de negocio para organizar encuentros multiculturales donde jóvenes extranjeros puedan practicar idiomas como español, inglés y francés. El autor creará una página web para promover las reuniones y cobrará una cuota de 5 euros a los asistentes. El negocio se basará en las ventas de comida y bebida en el local que el autor posee. El objetivo es atraer a personas entre 18 y 45 años interesadas en aprender idiomas y conocer otras culturas de una manera informal y divertida.
Mr Market wants to go higher but it needs to settle back and absorb some of its recent gains. Crude oil and gold look awful, while the US Dollar Index is on its way to a "moon shot."
The document provides information about places of interest in Mandaluyong City, Philippines, including memorials, parks, government institutions, and religious structures. It describes several notable locations such as the EDSA Shrine, Ortigas Center commercial area, Rustan's department store, City Hall Complex, and Maysilo Circle monument. The legend of how the city was named after a tribal couple, Manda and Luyong, is also briefly mentioned.
Healthy Conference Toronto 2013 - Using Social Media to be UsefulNicole Ghanie-Opondo
This document discusses using social media to provide useful public health information. It outlines the goals of being useful on social media, including penetrating noise, nurturing loyalty and engaging audiences. Common pitfalls for public health organizations on social media are discussed, such as joining every platform without strategy or posting messages too slowly. The document advocates helping audiences rather than just telling them information, acting on social learning from listening and analytics, and being relevant in real-time. Examples are provided of how to frame health messages to be useful and engaging for audiences on social media.
Este documento trata sobre los diferentes tipos de valores. Explica que los valores son características morales como la humildad y el respeto. Luego describe que existen valores humanos, valores personales y valores sociales. Los valores humanos son bienes universales que nos humanizan y mejoran nuestra naturaleza. Los valores personales varían según cada individuo y están relacionados con la moral y la ética. Finalmente, los valores sociales han guiado el comportamiento de las personas y sociedades a lo largo de la historia y se reflejan en la cultura y las leyes
Este documento proporciona instrucciones sobre cómo personalizar el diseño y formato de páginas en Microsoft Word, incluyendo ajustar márgenes, agregar columnas, cambiar el color de fondo, agregar marcas de agua, bordes, tablas, imágenes, gráficos y tablas de contenido, entre otras funciones. Explica el proceso paso a paso de navegar los menús y opciones de diseño para aplicar estos cambios de formato a una página de Word.
El documento describe las últimas tendencias y avances en tecnología de pantallas para smartphones. Se mencionan pantallas curvadas, flexibles, transparentes, proyección holográfica y cámaras duales como características que representan el futuro de los dispositivos, permitiendo nuevas experiencias para el usuario. El documento concluye que los smartphones son un portal hacia las próximas innovaciones tecnológicas.
El documento describe una propuesta de negocio para organizar encuentros multiculturales donde jóvenes extranjeros puedan practicar idiomas como español, inglés y francés. El autor creará una página web para promover las reuniones y cobrará una cuota de 5 euros a los asistentes. El negocio se basará en las ventas de comida y bebida en el local que el autor posee. El objetivo es atraer a personas entre 18 y 45 años interesadas en aprender idiomas y conocer otras culturas de una manera informal y divertida.
Mr Market wants to go higher but it needs to settle back and absorb some of its recent gains. Crude oil and gold look awful, while the US Dollar Index is on its way to a "moon shot."
The document provides information about places of interest in Mandaluyong City, Philippines, including memorials, parks, government institutions, and religious structures. It describes several notable locations such as the EDSA Shrine, Ortigas Center commercial area, Rustan's department store, City Hall Complex, and Maysilo Circle monument. The legend of how the city was named after a tribal couple, Manda and Luyong, is also briefly mentioned.
Healthy Conference Toronto 2013 - Using Social Media to be UsefulNicole Ghanie-Opondo
This document discusses using social media to provide useful public health information. It outlines the goals of being useful on social media, including penetrating noise, nurturing loyalty and engaging audiences. Common pitfalls for public health organizations on social media are discussed, such as joining every platform without strategy or posting messages too slowly. The document advocates helping audiences rather than just telling them information, acting on social learning from listening and analytics, and being relevant in real-time. Examples are provided of how to frame health messages to be useful and engaging for audiences on social media.
The document discusses Enterprise Resource Planning (ERP) systems. It describes the ERP architecture as using a client-server model with a relational database to store and process data. The ERP lifecycle involves definition, construction, implementation, and operation phases. Core ERP components manage accounting, production, human resources and other internal functions, while extended components provide external capabilities like CRM, SCM, and e-business. Proper implementation requires screening software, evaluating packages, analyzing process gaps, reengineering workflows, training staff, testing, and post-implementation support.
This document discusses different business-level strategies that a firm can pursue to gain a competitive advantage, including cost leadership, differentiation, and focus strategies. It defines each strategy and describes the core competencies, customer needs, and actions required to successfully implement each one. The risks and benefits of each individual strategy as well as integrated strategies are also examined. Overall, the document provides an overview of the key considerations and tradeoffs involved in different business-level strategic approaches.
The document outlines various barriers to effective communication, including personal barriers like muddled messages, lack of listening skills, and lack of confidence; cultural barriers such as cross-cultural factors; emotional barriers like personal shyness and preoccupation; environmental or physical barriers; and mechanical barriers. It also lists sources for further information on business communication.
The document discusses different styles of business letters including indented, block, complete block, semi block, and hanging indented styles. The indented style requires the first line to begin at the margin with subsequent lines indented five spaces. The block style aligns the date line, complimentary close, and signature with the right margin with all other text starting at the left margin. The complete block style has all lines starting at the margin with no punctuation except in message text. The semi block style is like the block style but indents paragraphs and places the complimentary close at the right margin. Finally, the hanging indented style starts the first line of each paragraph at the left margin with subsequent lines indented four to five spaces.
The document provides examples of how Excel can be used for various business applications including tracking stock movements with pivot tables, shipment planning forecasts, merging data using Vlookup, creating forms for surveys, performance tracking using conditional formatting, finding breakeven points using Goal Seek, identifying blank rows with conditional formatting, extracting data from accounting systems using pivot tables and queries, ranking with ranking formulas, and tracking forecasted sales updates with conditional formatting or the highlight changes function.
This document provides an overview of database management systems and relational databases using Microsoft Access. It discusses what a database is and how data is organized into tables with fields and records. An example school database is provided with tables for students, faculty, courses, classes, schedules, buildings, and rooms. Steps are outlined for creating tables, fields, queries, forms and reports in Access.
This document provides an overview of company law in India based on the Companies Act of 1956. It defines a company as a voluntary association formed for business purposes that has a distinct name and limited liability. It discusses the types of companies (public, private, unlimited), classifications based on ownership (government, non-government, foreign), and key concepts like corporate personality, perpetual succession, and holding/subsidiary relationships. The document also summarizes the formation process for companies and objectives of the Companies Act.
Corporate governance involves the system by which companies are directed and controlled through relationships between management, the board of directors, shareholders, and other stakeholders. It aims to mitigate conflicts of interest and increase accountability. Key principles of corporate governance include respecting shareholder rights, recognizing obligations to non-shareholder stakeholders, having a board with relevant skills to review management, requiring integrity and ethical behavior from officers and board members, and ensuring disclosure and transparency. Renewed interest in corporate governance emerged in 2011 due to high-profile corporate collapses often involving accounting fraud.
Capital budgeting (1)- Management accountingJithin Zcs
This document discusses investment decision rules and capital budgeting. It begins by outlining common investment decision rules like payback period, net present value (NPV), internal rate of return (IRR), and accounting rate of return. It notes that NPV and IRR are preferred as they consider the time value of money. The document then discusses capital budgeting, highlighting the importance of estimating incremental cash flows and ignoring sunk costs. It provides the format for determining initial cash outflows and interim incremental net cash flows for investment projects.
The document discusses the various factors that make up a business's internal and external environment. The internal environment includes elements like management structure, human resources, and marketing capabilities. The external environment contains economic, political, social, technological, and global factors outside a firm's control. It specifically outlines economic conditions like growth and income levels, different economic systems like capitalist and socialist models, and how government economic policies around taxation, spending, and regulation can impact businesses.
01 securitization in india – issues and challengesJithin Zcs
Securitization is a mechanism that pools illiquid assets and converts them into tradable securities. This transforms illiquid receivables into liquid assets and restructures balance sheets. Securitization serves as a powerful tool for financial reengineering. Common assets that are securitized include mortgages, loans, and receivables. Pioneers of securitization include the US, UK, France, Australia, and others. The first securitized asset was automobile loans. The securitization process involves credit rating the receivables, selling the assets to a special purpose vehicle which issues securities to investors to fund the asset purchase. Key players are the originator, SPV, investors, and credit rating agencies. Challenges
The document discusses consumer behaviour and motivation from the perspective of consumer and marketer. It explains that consumer behaviour involves decision making processes regarding acquiring, using and disposing of products. It also discusses various stages in consumer decision making from pre-purchase to post-purchase and the challenges posed at each stage for marketers. The document further elaborates on factors influencing consumer behaviour like psychological, personal, social, cultural factors and how motivation plays a role in consumer decision making. It provides an overview of consumer behaviour concepts.
The document discusses expert systems, which are designed to solve real problems in a particular domain that normally require human expertise. Developing an expert system involves extracting knowledge from domain experts. The key components of an expert system are the knowledge base, inference engine, explanation facility, knowledge acquisition facility, and user interface. Expert systems use knowledge rather than data to solve problems and can explain their reasoning. They have limitations such as being difficult to maintain and only applicable to narrow problems.
The document summarizes the key differences between the Modern Language Association (MLA) and American Psychological Association (APA) citation styles. MLA style is commonly used in the humanities and focuses on citing the author of a source. It does not require a title page and uses the author's last name and page number in the header on every page. APA style is used in the social sciences and emphasizes citing the date and title of a source instead of the author. It requires a title page with the paper title, author's name, and page numbers in headers. Both styles require 12 point Times New Roman font, double spacing, and 1-inch margins.
The document discusses lateral relationships in organizational structures. It defines lateral relationships as those between peers at the same level, such as department managers or supervisors within the same department. Examples given include relationships between pastoral heads and department heads in a school. The document also provides an organizational chart to illustrate lateral relationships between positions.
This document provides an introduction to using SPSS (Statistical Package for the Social Sciences) for data analysis. It discusses the four main windows in SPSS - the data editor, output viewer, syntax editor, and script window. It also covers the basics of managing data files, including opening SPSS, defining variables, and sorting data. Several basic analysis techniques are introduced, such as frequencies, descriptives, and linear regression. Examples are provided for how to conduct these analyses and interpret the outputs.
This document defines privatization as the transfer of ownership and management of public sector enterprises to the private sector. It discusses the conditions necessary for privatization, such as liberalization and developed capital markets. Obstacles like unprofitable enterprises and opposition are outlined. The stages of privatization in India are defined as deregulation, dereservation, disinvestment, and privatization. Arguments both for and against privatization are provided. Methods of disinvestment and privatization are explained.
The Johari window is a psychological model created in 1955 to help people understand interpersonal communication and relationships. It consists of four quadrants that represent different areas of the self: open self (known to self and others), blind spot (unknown to self but known to others), facade (known to self but unknown to others), and unknown (unknown to both self and others). The Johari window can be used to improve self-awareness, communication, trust, teamwork, and relationships through increasing the open area that is shared between individuals. While it provides benefits, there are also drawbacks such as some things being better left unshared and information potentially being spread further than intended.
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NIMA2024 | De toegevoegde waarde van DEI en ESG in campagnes | Nathalie Lam |...BBPMedia1
Nathalie zal delen hoe DEI en ESG een fundamentele rol kunnen spelen in je merkstrategie en je de juiste aansluiting kan creëren met je doelgroep. Door middel van voorbeelden en simpele handvatten toont ze hoe dit in jouw organisatie toegepast kan worden.
The document discusses Enterprise Resource Planning (ERP) systems. It describes the ERP architecture as using a client-server model with a relational database to store and process data. The ERP lifecycle involves definition, construction, implementation, and operation phases. Core ERP components manage accounting, production, human resources and other internal functions, while extended components provide external capabilities like CRM, SCM, and e-business. Proper implementation requires screening software, evaluating packages, analyzing process gaps, reengineering workflows, training staff, testing, and post-implementation support.
This document discusses different business-level strategies that a firm can pursue to gain a competitive advantage, including cost leadership, differentiation, and focus strategies. It defines each strategy and describes the core competencies, customer needs, and actions required to successfully implement each one. The risks and benefits of each individual strategy as well as integrated strategies are also examined. Overall, the document provides an overview of the key considerations and tradeoffs involved in different business-level strategic approaches.
The document outlines various barriers to effective communication, including personal barriers like muddled messages, lack of listening skills, and lack of confidence; cultural barriers such as cross-cultural factors; emotional barriers like personal shyness and preoccupation; environmental or physical barriers; and mechanical barriers. It also lists sources for further information on business communication.
The document discusses different styles of business letters including indented, block, complete block, semi block, and hanging indented styles. The indented style requires the first line to begin at the margin with subsequent lines indented five spaces. The block style aligns the date line, complimentary close, and signature with the right margin with all other text starting at the left margin. The complete block style has all lines starting at the margin with no punctuation except in message text. The semi block style is like the block style but indents paragraphs and places the complimentary close at the right margin. Finally, the hanging indented style starts the first line of each paragraph at the left margin with subsequent lines indented four to five spaces.
The document provides examples of how Excel can be used for various business applications including tracking stock movements with pivot tables, shipment planning forecasts, merging data using Vlookup, creating forms for surveys, performance tracking using conditional formatting, finding breakeven points using Goal Seek, identifying blank rows with conditional formatting, extracting data from accounting systems using pivot tables and queries, ranking with ranking formulas, and tracking forecasted sales updates with conditional formatting or the highlight changes function.
This document provides an overview of database management systems and relational databases using Microsoft Access. It discusses what a database is and how data is organized into tables with fields and records. An example school database is provided with tables for students, faculty, courses, classes, schedules, buildings, and rooms. Steps are outlined for creating tables, fields, queries, forms and reports in Access.
This document provides an overview of company law in India based on the Companies Act of 1956. It defines a company as a voluntary association formed for business purposes that has a distinct name and limited liability. It discusses the types of companies (public, private, unlimited), classifications based on ownership (government, non-government, foreign), and key concepts like corporate personality, perpetual succession, and holding/subsidiary relationships. The document also summarizes the formation process for companies and objectives of the Companies Act.
Corporate governance involves the system by which companies are directed and controlled through relationships between management, the board of directors, shareholders, and other stakeholders. It aims to mitigate conflicts of interest and increase accountability. Key principles of corporate governance include respecting shareholder rights, recognizing obligations to non-shareholder stakeholders, having a board with relevant skills to review management, requiring integrity and ethical behavior from officers and board members, and ensuring disclosure and transparency. Renewed interest in corporate governance emerged in 2011 due to high-profile corporate collapses often involving accounting fraud.
Capital budgeting (1)- Management accountingJithin Zcs
This document discusses investment decision rules and capital budgeting. It begins by outlining common investment decision rules like payback period, net present value (NPV), internal rate of return (IRR), and accounting rate of return. It notes that NPV and IRR are preferred as they consider the time value of money. The document then discusses capital budgeting, highlighting the importance of estimating incremental cash flows and ignoring sunk costs. It provides the format for determining initial cash outflows and interim incremental net cash flows for investment projects.
The document discusses the various factors that make up a business's internal and external environment. The internal environment includes elements like management structure, human resources, and marketing capabilities. The external environment contains economic, political, social, technological, and global factors outside a firm's control. It specifically outlines economic conditions like growth and income levels, different economic systems like capitalist and socialist models, and how government economic policies around taxation, spending, and regulation can impact businesses.
01 securitization in india – issues and challengesJithin Zcs
Securitization is a mechanism that pools illiquid assets and converts them into tradable securities. This transforms illiquid receivables into liquid assets and restructures balance sheets. Securitization serves as a powerful tool for financial reengineering. Common assets that are securitized include mortgages, loans, and receivables. Pioneers of securitization include the US, UK, France, Australia, and others. The first securitized asset was automobile loans. The securitization process involves credit rating the receivables, selling the assets to a special purpose vehicle which issues securities to investors to fund the asset purchase. Key players are the originator, SPV, investors, and credit rating agencies. Challenges
The document discusses consumer behaviour and motivation from the perspective of consumer and marketer. It explains that consumer behaviour involves decision making processes regarding acquiring, using and disposing of products. It also discusses various stages in consumer decision making from pre-purchase to post-purchase and the challenges posed at each stage for marketers. The document further elaborates on factors influencing consumer behaviour like psychological, personal, social, cultural factors and how motivation plays a role in consumer decision making. It provides an overview of consumer behaviour concepts.
The document discusses expert systems, which are designed to solve real problems in a particular domain that normally require human expertise. Developing an expert system involves extracting knowledge from domain experts. The key components of an expert system are the knowledge base, inference engine, explanation facility, knowledge acquisition facility, and user interface. Expert systems use knowledge rather than data to solve problems and can explain their reasoning. They have limitations such as being difficult to maintain and only applicable to narrow problems.
The document summarizes the key differences between the Modern Language Association (MLA) and American Psychological Association (APA) citation styles. MLA style is commonly used in the humanities and focuses on citing the author of a source. It does not require a title page and uses the author's last name and page number in the header on every page. APA style is used in the social sciences and emphasizes citing the date and title of a source instead of the author. It requires a title page with the paper title, author's name, and page numbers in headers. Both styles require 12 point Times New Roman font, double spacing, and 1-inch margins.
The document discusses lateral relationships in organizational structures. It defines lateral relationships as those between peers at the same level, such as department managers or supervisors within the same department. Examples given include relationships between pastoral heads and department heads in a school. The document also provides an organizational chart to illustrate lateral relationships between positions.
This document provides an introduction to using SPSS (Statistical Package for the Social Sciences) for data analysis. It discusses the four main windows in SPSS - the data editor, output viewer, syntax editor, and script window. It also covers the basics of managing data files, including opening SPSS, defining variables, and sorting data. Several basic analysis techniques are introduced, such as frequencies, descriptives, and linear regression. Examples are provided for how to conduct these analyses and interpret the outputs.
This document defines privatization as the transfer of ownership and management of public sector enterprises to the private sector. It discusses the conditions necessary for privatization, such as liberalization and developed capital markets. Obstacles like unprofitable enterprises and opposition are outlined. The stages of privatization in India are defined as deregulation, dereservation, disinvestment, and privatization. Arguments both for and against privatization are provided. Methods of disinvestment and privatization are explained.
The Johari window is a psychological model created in 1955 to help people understand interpersonal communication and relationships. It consists of four quadrants that represent different areas of the self: open self (known to self and others), blind spot (unknown to self but known to others), facade (known to self but unknown to others), and unknown (unknown to both self and others). The Johari window can be used to improve self-awareness, communication, trust, teamwork, and relationships through increasing the open area that is shared between individuals. While it provides benefits, there are also drawbacks such as some things being better left unshared and information potentially being spread further than intended.
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NIMA2024 | De toegevoegde waarde van DEI en ESG in campagnes | Nathalie Lam |...BBPMedia1
Nathalie zal delen hoe DEI en ESG een fundamentele rol kunnen spelen in je merkstrategie en je de juiste aansluiting kan creëren met je doelgroep. Door middel van voorbeelden en simpele handvatten toont ze hoe dit in jouw organisatie toegepast kan worden.
𝐔𝐧𝐯𝐞𝐢𝐥 𝐭𝐡𝐞 𝐅𝐮𝐭𝐮𝐫𝐞 𝐨𝐟 𝐄𝐧𝐞𝐫𝐠𝐲 𝐄𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐜𝐲 𝐰𝐢𝐭𝐡 𝐍𝐄𝐖𝐍𝐓𝐈𝐃𝐄’𝐬 𝐋𝐚𝐭𝐞𝐬𝐭 𝐎𝐟𝐟𝐞𝐫𝐢𝐧𝐠𝐬
Explore the details in our newly released product manual, which showcases NEWNTIDE's advanced heat pump technologies. Delve into our energy-efficient and eco-friendly solutions tailored for diverse global markets.
Tired of chasing down expiring contracts and drowning in paperwork? Mastering contract management can significantly enhance your business efficiency and productivity. This guide unveils expert secrets to streamline your contract management process. Learn how to save time, minimize risk, and achieve effortless contract management.
During the budget session of 2024-25, the finance minister, Nirmala Sitharaman, introduced the “solar Rooftop scheme,” also known as “PM Surya Ghar Muft Bijli Yojana.” It is a subsidy offered to those who wish to put up solar panels in their homes using domestic power systems. Additionally, adopting photovoltaic technology at home allows you to lower your monthly electricity expenses. Today in this blog we will talk all about what is the PM Surya Ghar Muft Bijli Yojana. How does it work? Who is eligible for this yojana and all the other things related to this scheme?
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Unlocking WhatsApp Marketing with HubSpot: Integrating Messaging into Your Ma...Niswey
50 million companies worldwide leverage WhatsApp as a key marketing channel. You may have considered adding it to your marketing mix, or probably already driving impressive conversions with WhatsApp.
But wait. What happens when you fully integrate your WhatsApp campaigns with HubSpot?
That's exactly what we explored in this session.
We take a look at everything that you need to know in order to deploy effective WhatsApp marketing strategies, and integrate it with your buyer journey in HubSpot. From technical requirements to innovative campaign strategies, to advanced campaign reporting - we discuss all that and more, to leverage WhatsApp for maximum impact. Check out more details about the event here https://events.hubspot.com/events/details/hubspot-new-delhi-presents-unlocking-whatsapp-marketing-with-hubspot-integrating-messaging-into-your-marketing-strategy/
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Prescriptive analytics BA4206 Anna University PPTFreelance
Business analysis - Prescriptive analytics Introduction to Prescriptive analytics
Prescriptive Modeling
Non Linear Optimization
Demonstrating Business Performance Improvement
1. Manpower Planning
inShare3
Manpower Planning which is also called as Human Resource Planning consists of putting right
number of people, right kind of people at the right place, right time, doing the right things for
which they are suited for the achievement of goals of the organization. Human Resource
Planning has got an important place in the arena of industrialization. Human Resource Planning
has to be a systems approach and is carried out in a set procedure. The procedure is as follows:
1.
2.
3.
4.
Analysing the current manpower inventory
Making future manpower forecasts
Developing employment programmes
Design training programmes
Steps in Manpower Planning
1. Analysing the current manpower
inventory- Before a manager makes
forecast of future manpower, the current
manpower status has to be analysed. For
this the following things have to be
notedType of organization
Number of departments
Number and quantity of such
departments
Employees in these work units
Once these factors are registered by a
manager, he goes for the future
forecasting.
2. Making future manpower forecasts- Once the factors affecting the future manpower
forecasts are known, planning can be done for the future manpower requirements in
several work units.
The Manpower forecasting techniques commonly employed by the organizations are as
follows:
i.
Expert Forecasts: This includes informal decisions, formal expert surveys and
Delphi technique.
2. ii.
Trend Analysis: Manpower needs can be projected through extrapolation
(projecting past trends), indexation (using base year as basis), and statistical
analysis (central tendency measure).
iii. Work Load Analysis: It is dependent upon the nature of work load in a
department, in a branch or in a division.
iv.
Work Force Analysis: Whenever production and time period has to be analysed,
due allowances have to be made for getting net manpower requirements.
v.
Other methods: Several Mathematical models, with the aid of computers are
used to forecast manpower needs, like budget and planning analysis, regression,
new venture analysis.
3. Developing employment programmes- Once the current inventory is compared with
future forecasts, the employment programmes can be framed and developed accordingly,
which will include recruitment, selection procedures and placement plans.
4. Design training programmes- These will be based upon extent of diversification,
expansion plans, development programmes,etc. Training programmes depend upon the
extent of improvement in technology and advancement to take place. It is also done to
improve upon the skills, capabilities, knowledge of the workers.
Importance of Manpower Planning
1. Key to managerial functions- The four managerial functions, i.e., planning, organizing,
directing and controlling are based upon the manpower. Human resources help in the
implementation of all these managerial activities. Therefore, staffing becomes a key to all
managerial functions.
2. Efficient utilization- Efficient management of personnels becomes an important function
in the industrialization world of today. Seting of large scale enterprises require
management of large scale manpower. It can be effectively done through staffing
function.
3. Motivation- Staffing function not only includes putting right men on right job, but it also
comprises of motivational programmes, i.e., incentive plans to be framed for further
participation and employment of employees in a concern. Therefore, all types of
incentive plans becomes an integral part of staffing function.
4. Better human relations- A concern can stabilize itself if human relations develop and
are strong. Human relations become strong trough effective control, clear
communication, effective supervision and leadership in a concern. Staffing function also
looks after training and development of the work force which leads to co-operation and
better human relations.
5. Higher productivity- Productivity level increases when resources are utilized in best
possible manner. higher productivity is a result of minimum wastage of time, money,
efforts and energies. This is possible through the staffing and it's related activities (
Performance appraisal, training and development, remuneration)
Need of Manpower Planning
3. Manpower Planning is a two-phased process because manpower planning not only analyses the
current human resources but also makes manpower forecasts and thereby draw employment
programmes. Manpower Planning is advantageous to firm in following manner:
1. Shortages and surpluses can be identified so that quick action can be taken wherever
required.
2. All the recruitment and selection programmes are based on manpower planning.
3. It also helps to reduce the labour cost as excess staff can be identified and thereby
overstaffing can be avoided.
4. It also helps to identify the available talents in a concern and accordingly training
programmes can be chalked out to develop those talents.
5. It helps in growth and diversification of business. Through manpower planning, human
resources can be readily available and they can be utilized in best manner.
6. It helps the organization to realize the importance of manpower management which
ultimately helps in the stability of a concern.