Managers think they are a bureaucratic chore forced by human resources (HR). Employees approach them with fear and trepidation. No one likes them. Is it time to fire annual performance reviews?
Do you wonder how to get the best out of your employees’ efforts? Interested to learn tips to align them better with your team's goals? Keen to improve connection with your team?
Learn all this and more in this research led perspective on engagement and what matters to employees now and in the future. Appreciate evolving changes at the workplace and workforce and gain from insights to enhance your impact and value as a manager and leader.
Interested to know what you think.
Do you wonder how to get the best out of your employees’ efforts? Interested to learn tips to align them better with your team's goals? Keen to improve connection with your team?
Learn all this and more in this research led perspective on engagement and what matters to employees now and in the future. Appreciate evolving changes at the workplace and workforce and gain from insights to enhance your impact and value as a manager and leader.
Interested to know what you think.
[Whitepaper] The New Boardroom Imperative: Recruitment MarketingAppcast
Learn practical applications that can enhance your recruitment marketing strategy at the board-level, and throughout the rest of your organization.
Written by Dave Forman - Author, Fearless HR
High performance and productivity seemed to be the buzzwords in the private sector till now. In the
backdrop of various government schemes and poorly performing public sector organizations, this article takes a
peek into the concept of motivation in public sector and the factors which generally affects motivation at
workplace.
How learning leaders can introduce crucial capabilities to their workforce for maximum success. This study also provides how Bellevue University's College of Continuing & Professional Education can assist you from our Power Skills boot camps to our Power Skills PRO (workforce assessment tool to discover where your gaps are).
In this file, you can ref useful information about meaning of performance appraisal such as meaning of performance appraisal methods, meaning of performance appraisal tips, meaning of performance appraisal forms, meaning of performance appraisal phrases … If you need more assistant for meaning of performance appraisal, please leave your comment at the end of file.
White Paper analyzing innovative Human Resources trends throughout different industries and their effects on employee engagement, productivity, and overall morale. As more Millennials enter the workforce, employers are finding it more difficult to increase retention rates and aligning goals to the overall corporate goal. This paper talks directly on those concerns and how industry leaders are improving their own workforces.
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Conventional wisdom has always been that employees leave supervisors, not companies. However, newer studies are finding that conventional wisdom may be wrong. It’s NOT just the boss anymore.
White Paper - Dear John - A New look at why employees leaveshokr.ahmed
As talent management professionals strive to balance the changing needs of baby boom
employees with evolving expectations of younger employees, talent retention has become
more complicated than ever. To retain top talent, competitive companies need to understand
what drives an employee’s decision to leave or stay with an organization.
The new world of work is coming. Today, employees can make new choices regarding work flexibility and balance as they carry the task remotely.
There's been an increased demand for remote employment on a global scale. This opened the job market for businesses that want to go all-in on distributed teams or use the hybrid approach, especially now that people connect with coworkers outside their area. The epidemic creates a chance for enterprises to expand globally while bringing more inclusion and diversity.
For companies who plan to start their international expansion, the simplicity of working from home will be giving rise to operational complexity. In that matter, dealing with global HR consultants that can facilitate a smooth transition to a new order at work can be beneficial. Like Employer of Record Services (EOR) providers that offer international payroll solutions, employment permit, and immigration services. Most of them have local expertise that ensures full compliance with taxation and labor laws. Get started today and embrace the change coming.
In the year 2002, Warren Buffett made an admission that he had not been as vigilant as he should have been in his role as Director of the various subsidiaries of his holding company, Berkshire Hathaway. In a letter to the shareholders he wrote “ Too often I was silent when management made proposals that I judged to be counter to the interest of the shareholders. In those cases, collegiality trumped independence and a certain social atmosphere presides in boardrooms where it becomes impolitic to challenge the Chief Executive.
Kevin Sharer, Chairman of Amgen, the US biotech company, portrayed a very different relationship between board and chief executive. “ Working with the board is vital, complex, and beyond your prior experience. It is among the most complex human relationships, especially if you are the chairman, when you are their boss, and they are your boss. Get the relationship right or it will hurt you.
These two very different experiences open a new book, Boards that Lead- When to take charge, When to Partner and When to stay out of the way. The central premise of the books is a plea. “ Governing boards should take more active leadership of the enterprises, not just monitor its management?
The growing complexity of markets and strategy, the authors say, is one of the biggest challenges for board members. It also means that they cannot afford to sit back and rubber stamp executive’s plans.
Boards often fail to do their job, they point out, for example failing to do their due diligence. They cite the example of Yahoo’s Chief Executive Scott Thompson. After a few months in the post, it was discovered that he had listed a degree in both accounting and computer science, but had actually earned only the first.
A good book to read move from Delivering to Leading.
Happy Reading
[Whitepaper] The New Boardroom Imperative: Recruitment MarketingAppcast
Learn practical applications that can enhance your recruitment marketing strategy at the board-level, and throughout the rest of your organization.
Written by Dave Forman - Author, Fearless HR
High performance and productivity seemed to be the buzzwords in the private sector till now. In the
backdrop of various government schemes and poorly performing public sector organizations, this article takes a
peek into the concept of motivation in public sector and the factors which generally affects motivation at
workplace.
How learning leaders can introduce crucial capabilities to their workforce for maximum success. This study also provides how Bellevue University's College of Continuing & Professional Education can assist you from our Power Skills boot camps to our Power Skills PRO (workforce assessment tool to discover where your gaps are).
In this file, you can ref useful information about meaning of performance appraisal such as meaning of performance appraisal methods, meaning of performance appraisal tips, meaning of performance appraisal forms, meaning of performance appraisal phrases … If you need more assistant for meaning of performance appraisal, please leave your comment at the end of file.
White Paper analyzing innovative Human Resources trends throughout different industries and their effects on employee engagement, productivity, and overall morale. As more Millennials enter the workforce, employers are finding it more difficult to increase retention rates and aligning goals to the overall corporate goal. This paper talks directly on those concerns and how industry leaders are improving their own workforces.
As talent management professionals strive to balance the changing needs of baby boom employees with evolving expectations of younger employees, talent retention has become more complicated than ever. To retain top talent, competitive companies need to understand what drives an employee’s decision to leave or stay with an organization.
Conventional wisdom has always been that employees leave supervisors, not companies. However, newer studies are finding that conventional wisdom may be wrong. It’s NOT just the boss anymore.
White Paper - Dear John - A New look at why employees leaveshokr.ahmed
As talent management professionals strive to balance the changing needs of baby boom
employees with evolving expectations of younger employees, talent retention has become
more complicated than ever. To retain top talent, competitive companies need to understand
what drives an employee’s decision to leave or stay with an organization.
The new world of work is coming. Today, employees can make new choices regarding work flexibility and balance as they carry the task remotely.
There's been an increased demand for remote employment on a global scale. This opened the job market for businesses that want to go all-in on distributed teams or use the hybrid approach, especially now that people connect with coworkers outside their area. The epidemic creates a chance for enterprises to expand globally while bringing more inclusion and diversity.
For companies who plan to start their international expansion, the simplicity of working from home will be giving rise to operational complexity. In that matter, dealing with global HR consultants that can facilitate a smooth transition to a new order at work can be beneficial. Like Employer of Record Services (EOR) providers that offer international payroll solutions, employment permit, and immigration services. Most of them have local expertise that ensures full compliance with taxation and labor laws. Get started today and embrace the change coming.
In the year 2002, Warren Buffett made an admission that he had not been as vigilant as he should have been in his role as Director of the various subsidiaries of his holding company, Berkshire Hathaway. In a letter to the shareholders he wrote “ Too often I was silent when management made proposals that I judged to be counter to the interest of the shareholders. In those cases, collegiality trumped independence and a certain social atmosphere presides in boardrooms where it becomes impolitic to challenge the Chief Executive.
Kevin Sharer, Chairman of Amgen, the US biotech company, portrayed a very different relationship between board and chief executive. “ Working with the board is vital, complex, and beyond your prior experience. It is among the most complex human relationships, especially if you are the chairman, when you are their boss, and they are your boss. Get the relationship right or it will hurt you.
These two very different experiences open a new book, Boards that Lead- When to take charge, When to Partner and When to stay out of the way. The central premise of the books is a plea. “ Governing boards should take more active leadership of the enterprises, not just monitor its management?
The growing complexity of markets and strategy, the authors say, is one of the biggest challenges for board members. It also means that they cannot afford to sit back and rubber stamp executive’s plans.
Boards often fail to do their job, they point out, for example failing to do their due diligence. They cite the example of Yahoo’s Chief Executive Scott Thompson. After a few months in the post, it was discovered that he had listed a degree in both accounting and computer science, but had actually earned only the first.
A good book to read move from Delivering to Leading.
Happy Reading
Coffee Break [30-min] Webinar: How to Use Ongoing Performance Management in 2017Atiim, Inc.
Watch this Webinar and Learn:
- How to transition away from legacy Annual Reviews
- How Ongoing Performance Management works
- Top insights from Adobe’s Check-Ins
- And much, much more!
Video: https://www.atiim.com/webinar-how-to-use-ongoing-performance-management-in-2017/
Atiim site: https://www.atiim.com/
Atiim OKR blog: https://www.atiim.com/blog/
Atiim OKR eBooks and Checklists: https://www.atiim.com/resources/
Downsizing the Company Without Downsizing MoraleS P R .docxjacksnathalie
Downsizing the Company
Without Downsizing
Morale
S P R I N G 2 0 0 9 V O L . 5 0 N O . 3
R E P R I N T N U M B E R 5 0 3 1 0
Aneil K. Mishra, Karen E. Mishra
and Gretchen M. Spreitzer
Please note that gray areas reflect artwork that has been
intentionally removed. The substantive content of the ar-
ticle appears as originally published.
SMR310
This document is authorized for use only in MT460 Management Policy and Strategy by Kaplan University from May
2012 to June 2017.
WWW.SLOANREVIEW.MIT.EDU SPRING 2009 MIT SLOAN MANAGEMENT REVIEW 39
Downsizing the
Company Without
Downsizing Morale
AFTER MORE THAN two decades of research into corporate downsizing, there remains a funda-
mental question: “How can managers and employees rethink their organizations even as they confront
the need to downsize?” More specifically, how can organizations support learning, innovation and
creativity while at the same time finding effective ways to improve costs, quality and productivity?
Some might argue that these goals are at odds with one another — that you can’t build a better and a
leaner organization. We disagree. In our 1998 Sloan Management Review article, “Preserving Employee
Morale During Downsizing,” we maintained that strong organizations need to develop resilience so
they could take advantage of new opportunities that arise during periods of economic retrenchment.1
When downsizing is unavoidable, smart managers look for
opportunities to improve flexibility, innovation and internal
communication to improve trust between managers and employees.
BY ANEIL K. MISHRA, KAREN E. MISHRA AND GRETCHEN M. SPREITZER
THE LEADING
QUESTION
How can man-
agers and their
employees
rethink their
organizations
as they con-
front the need
to downsize?
FINDINGS
! Rather than focus-
ing on being
smaller and more
efficient today, the
goal should be to
become better and
more competitive
tomorrow.
! The most successful
companies focus on
building trust and
empowerment.
! Front-line managers
need to be trained
and empowered
to become liaisons
between top
management
and employees.
D O W N T U R N : M A N A G I N G P E O P L E
This document is authorized for use only in MT460 Management Policy and Strategy by Kaplan University from May
2012 to June 2017.
www.sloanreview.mit.edu
40 MIT SLOAN MANAGEMENT REVIEW SPRING 2009 WWW.SLOANREVIEW.MIT.EDU
D O W N T U R N : M A N A G I N G P E O P L E
Our subsequent research, consulting and manage-
ment coaching has reaffirmed our v iew that
downsizing isn’t just about “doing more with less.”
It is also about creating flexibility, innovation and
better communication that lead to increased trust
and empowerment between managers and employ-
ees. (See “About the Research.”)
In our original article, we presented four widely
accepted goals of downsizing: reducing total costs;
increasing labor productivity; improving quality;
and enhancing th ...
Redesigning employee performance management is no longer just a "nice to have", it’s imperative. The days of organizations relying on cookie-cutter annual reviews or simple assessments are long gone.
Overcoming the Zombies Among Us. How to Create a Culture That Fosters Employe...BizLibrary
Employee engagement is important, and disengaged employees cost their employers money. We've known this for quite a while. So why haven't organizations gotten better at engaging their employees? The reasons appear to range from a foundational misunderstanding of the concept of engagement to a lack of actionable advicea bout exactly what organizations can do.
This ebook focuses on creating a culture that fosters employee engagement. You'll learn ways to improve employee engagement, such as working with data, selecting the right managers, connecting to employees, and much more.
- See more at: http://www.bizlibrary.com/resources/ebooks/zombies.aspx#.UpXoMMSsim4
HUMAN PERFORMANCE
Why we hate performance management–—And why
we should love it
Herman Aguinis *, Harry Joo, Ryan K. Gottfredson
Kelley School of Business, Indiana University, 1309 E. Tenth Street, Bloomington, IN 47405-1701, U.S.A.
Business Horizons (2011) 54, 503—507
www.elsevier.com/locate/bushor
KEYWORDS
Performance
management;
Strategic goals;
Appraisal;
Feedback;
Coaching;
Human resources
Abstract Individual performance is a building block of organizational success. Not
surprisingly, virtually all organizations have in place some type of performance
management system. Yet, managers and employees are equally skeptical that per-
formance management adds value; usually, it is seen as a waste of time and resources.
We argue that the potential benefits of performance management are not realized
because most systems focus exclusively on narrow and evaluative aspects such as
performance appraisal. Herein, we offer a broader view of performance manage-
ment, including discussion of how it differs from performance appraisal. We highlight
specific and important benefits of performance management for employees, man-
agers, and organizations. We also describe research-based conclusions regarding how
performance management systems should be designed and implemented to realize
these benefits. We hope our article will demonstrate that well-constructed perfor-
mance management systems should not be hated, but rather embraced.
# 2011 Kelley School of Business, Indiana University. All rights reserved.
1. Introduction
As noted by former Siemens CEO Heinrich von Pierer,
‘‘whether a company measures its workforce in
hundreds or hundreds of thousands, its success relies
solely on individual performance’’ (Bisoux, 2004).
This view is held by many; Heinrich von Pierer is
certainly not alone in this train of thought. Results of
a survey including senior executives from the Sun-
day Times list of best employers in the United
Kingdom indicated that performance management
is one of the top two most important human re-
source management functions in their organiza-
tions. Management scholars agree (Liu, Combs,
* Corresponding author.
E-mail address: [email protected] (H. Aguinis).
0007-6813/$ — see front matter # 2011 Kelley School of Business, I
doi:10.1016/j.bushor.2011.06.001
Ketchen, & Ireland, 2007; Platts & Sobótka,
2010). Accordingly, virtually all organizations–—
ranging from universities to governmental and pub-
licly traded firms–—implement some type of system
to assess the performance of individual workers. In
fact, results of a survey of 278 organizations, about
two-thirds of which are multinational corporations
from 15 different countries, showed that more than
90% implement a formal performance management
system (Cascio, 2006). Despite the popularity of
performance management systems, dozens of stud-
ies indicate the consistent result that firms are not
managing employee performance very well. Specif-
ically, only 3 in 10 employees believe t ...
In this file, you can ref useful information about 360 performance appraisal such as 360 performance appraisal methods, 360 performance appraisal tips, 360 performance appraisal forms, 360 performance appraisal phrases … If you need more assistant for 360 performance appraisal, please leave your comment at the end of file.
In a global survey of 375 executives, The Economist Intelligence Unit explores how early adopters are using evidence to show connections between HR and business KPIs and opening doors to new processes and people strategies that impact the bottom line of the organisation.
The HR Revista is a quarterly e-magazine published by the MHRM students and Alumni forum of Faculty of Social Work, The Maharaja Sayajirao University, Vadodara
The American Society for Human Resources Management (SHRM) has identified employee engagement – inspiring and motivating people to excel at work – as the biggest challenge faced by its individual and company members. The traditional response of most organization leaders has been to throw money at the problem. In this executive brief, the author draws from his own wealth of leadership experience, and from the findings of numerous specialists in the field of leadership development and employee engagement, to offer a more compelling and effective alternative.
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When computers mimic the capabilities of the human brain, that is artificial
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think.
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This Blue Paper® will explore the past, present and future of digital magazines,
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Long before the phrase “the sharing economy” was ever uttered, many businesses leveraged sharing. Bed-and-breakfast inns, timeshares and car pools are old ideas.
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www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
www.seribangash.com
Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
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This Digital Transformation and IT Strategy Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants, after more than 5,000 hours of work. It is considered the world's best & most comprehensive Digital Transformation and IT Strategy Toolkit. It includes all the Frameworks, Best Practices & Templates required to successfully undertake the Digital Transformation of your organization and define a robust IT Strategy.
Editable Toolkit to help you reuse our content: 700 Powerpoint slides | 35 Excel sheets | 84 minutes of Video training
This PowerPoint presentation is only a small preview of our Toolkits. For more details, visit www.domontconsulting.com
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Implicitly or explicitly all competing businesses employ a strategy to select a mix
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