This document summarizes an academic article about talent management in small and medium enterprises. The article discusses:
1) Talent management is important for organizations to gain a competitive advantage by managing employee abilities and skills.
2) The study examines talent management strategies used in organizations and their impact through a literature review and survey.
3) The findings show that respondents believe talent management is important and that wellness programs are an effective strategy.
Job Satisfaction and Training of Employeesdeshwal852
Ā
Human resource is very important and the backbone of every organization. Organizations invest huge amount on the human resource capital because the performance of human resource will ultimately increase the performance of the organization. Training helps the employees to update their knowledge,
enhance their skills and ultimately improves their performance and productivity which leads to job satisfaction. The purpose of the present study was to compare the job satisfaction of employees before and after the training programmes. A sample of fifty employees working in private organizations in
Delhi was selected randomly for the study. The data was interpreted with the help of mean, standard deviation and ātā test. The result of the study showed that there was significant difference between job satisfaction before and after training programmes. Employees have high degree of job satisfaction after training.
The Effectiveness of Human Resource Management PracticesWaqas Tariq
Ā
An effective human resource management practices namely employee empowerment, training and development, appraisal system compensation are the main factor for the success of a firm on employee retention. In this study, we aim to study how employees regard importance of their empowerment, equity of compensation, job design through training and expectancy toward effective performance management on their retention. Quantitative data was collected using the non probability self administered questionnaire that consist of questions with 5-points Likert scales distributed to our samples of 278 individuals. By using a multiple regression analysis, it is found that a, training and development, appraisal system compensation are significant to employee retention except employee empowerment. Base on the results, training, compensation and appraisal is a fundamental consideration for University of Y lecturersĀ”ĀÆ retention decision; while empowerment is less fundamental to lecturersĀ”ĀÆ consideration as this can be attributed to the Asian culture characteristic of higher authority conformity.
Performance evaluation of the indian industries and environmental management ...WriteKraft Dissertations
Ā
Analyzing every customer's aims, objectives and purpose of research
Using advanced and latest tools and technique of research and analysis
Coordinating and including their own ideas and knowledge
Providing the desired inferences and results of the research
In the past decade, we have successfully assisted students from various universities in India and globally. We at Writekraft Research & Publications LLP head office in Kanpur, India are most trusted and professional Research, Writing, Guidance and Publication Service Provider for PhD. Our services meet all your PhD Admissions, Thesis Preparation and Research Paper Publication needs with highest regards for the quality you prefer.
Our Achievements:
NATIONAL AWARD FOR BEST RESEARCH PROJECT (By Hon. President APJ Abdul Kalam)
GOLD MEDAL FOR RESEARCH ON DISABILITY (By Disabledās Club of India)
NOMINATED FOR BEST MSME AWARDS 2017
5 STAR RATING ON GOOGLE
We have PhD experts from reputed institutions/ organizations like Indian Institute of Technology (IIT), Indian Institute of Management (IIM) and many more apex education institutions in India. Our works are tailored and drafted as per your requirements and are totally unique.
From past years our core advisory members, research team assisted research scholars from various universities from all corners of world.
Subjects/Areas We Cover:
Management, Commerce, Finance, Marketing, Psychology, Education, Sociology, Mass communications, English Literature, English Language, Law, History, Computer Science & Engineering, Electronics & Communication Engineering, Mechanical Engineering, Civil Engineering, Electrical Engineering, Pharmacy & Healthcare.
A study on training and development at galla foods, rangampet, chittorIJARIIT
Ā
Employee training is the most important subsystem of human resource development. Training is the specialized
function and is one of the fundamental and operative functions of Human resource management. Hence my study is in āTraining
and Developmentā i.e., how far the organization is able to achieve the goals, improving its productivity and also employee
efficiency through Training and Development.
Job Satisfaction and Training of Employeesdeshwal852
Ā
Human resource is very important and the backbone of every organization. Organizations invest huge amount on the human resource capital because the performance of human resource will ultimately increase the performance of the organization. Training helps the employees to update their knowledge,
enhance their skills and ultimately improves their performance and productivity which leads to job satisfaction. The purpose of the present study was to compare the job satisfaction of employees before and after the training programmes. A sample of fifty employees working in private organizations in
Delhi was selected randomly for the study. The data was interpreted with the help of mean, standard deviation and ātā test. The result of the study showed that there was significant difference between job satisfaction before and after training programmes. Employees have high degree of job satisfaction after training.
The Effectiveness of Human Resource Management PracticesWaqas Tariq
Ā
An effective human resource management practices namely employee empowerment, training and development, appraisal system compensation are the main factor for the success of a firm on employee retention. In this study, we aim to study how employees regard importance of their empowerment, equity of compensation, job design through training and expectancy toward effective performance management on their retention. Quantitative data was collected using the non probability self administered questionnaire that consist of questions with 5-points Likert scales distributed to our samples of 278 individuals. By using a multiple regression analysis, it is found that a, training and development, appraisal system compensation are significant to employee retention except employee empowerment. Base on the results, training, compensation and appraisal is a fundamental consideration for University of Y lecturersĀ”ĀÆ retention decision; while empowerment is less fundamental to lecturersĀ”ĀÆ consideration as this can be attributed to the Asian culture characteristic of higher authority conformity.
Performance evaluation of the indian industries and environmental management ...WriteKraft Dissertations
Ā
Analyzing every customer's aims, objectives and purpose of research
Using advanced and latest tools and technique of research and analysis
Coordinating and including their own ideas and knowledge
Providing the desired inferences and results of the research
In the past decade, we have successfully assisted students from various universities in India and globally. We at Writekraft Research & Publications LLP head office in Kanpur, India are most trusted and professional Research, Writing, Guidance and Publication Service Provider for PhD. Our services meet all your PhD Admissions, Thesis Preparation and Research Paper Publication needs with highest regards for the quality you prefer.
Our Achievements:
NATIONAL AWARD FOR BEST RESEARCH PROJECT (By Hon. President APJ Abdul Kalam)
GOLD MEDAL FOR RESEARCH ON DISABILITY (By Disabledās Club of India)
NOMINATED FOR BEST MSME AWARDS 2017
5 STAR RATING ON GOOGLE
We have PhD experts from reputed institutions/ organizations like Indian Institute of Technology (IIT), Indian Institute of Management (IIM) and many more apex education institutions in India. Our works are tailored and drafted as per your requirements and are totally unique.
From past years our core advisory members, research team assisted research scholars from various universities from all corners of world.
Subjects/Areas We Cover:
Management, Commerce, Finance, Marketing, Psychology, Education, Sociology, Mass communications, English Literature, English Language, Law, History, Computer Science & Engineering, Electronics & Communication Engineering, Mechanical Engineering, Civil Engineering, Electrical Engineering, Pharmacy & Healthcare.
A study on training and development at galla foods, rangampet, chittorIJARIIT
Ā
Employee training is the most important subsystem of human resource development. Training is the specialized
function and is one of the fundamental and operative functions of Human resource management. Hence my study is in āTraining
and Developmentā i.e., how far the organization is able to achieve the goals, improving its productivity and also employee
efficiency through Training and Development.
Writekraft Research and Publications LLP was initially formed, informally, in 2006 by a group of scholars to help fellow students. Gradually, with several dissertations, thesis and assignments receiving acclaim and a good grade, Writekraft was officially founded in 2011 . Since its establishment, Writekraft Research & Publications LLP is Guiding and Mentoring PhD Scholars.
Our Mission
āTo provide breakthrough research works to our clients through Perseverant efforts towards creativity and innovationā.
Vision
Writekraft endeavours to be the leading global research and publications company that will fulfil all research needs of our clients. We will achieve this vision through:
Analyzing every customerās aims, objectives and purpose of research
Using advanced and latest tools and technique of research and analysis
Coordinating and including their own ideas and knowledge
Providing the desired inferences and results of the research
In the past decade, we have successfully assisted students from various universities in India and globally. We at Writekraft Research & Publications LLP head office in Kanpur, India are most trusted and professional Research, Writing, Guidance and Publication Service Provider for PhD. Our services meet all your PhD Admissions, Thesis Preparation and Research Paper Publication needs with highest regards for the quality you prefer.
Writekraft Research and Publications LLP was initially formed, informally, in 2006 by a group of scholars to help fellow students. Gradually, with several dissertations, thesis and assignments receiving acclaim and a good grade, Writekraft was officially founded in 2011 Since its establishment, Writekraft Research & Publications LLP is Guiding and Mentoring PhD Scholars.
Our Mission:
To provide breakthrough research works to our clients through Perseverant efforts towards creativity and innovationā.
Vision:
Writekraft endeavours to be the leading global research and publications company that will fulfil all research needs of our clients. We will achieve this vision through:
Analyzing every customer's aims, objectives and purpose of research
Using advanced and latest tools and technique of research and analysis
Coordinating and including their own ideas and knowledge
Providing the desired inferences and results of the research
In the past decade, we have successfully assisted students from various universities in India and globally. We at Writekraft Research & Publications LLP head office in Kanpur, India are most trusted and professional Research, Writing, Guidance and Publication Service Provider for PhD. Our services meet all your PhD Admissions, Thesis Preparation and Research Paper Publication needs with highest regards for the quality you prefer.
Our Achievements:
NATIONAL AWARD FOR BEST RESEARCH PROJECT (By Hon. President APJ Abdul Kalam)
GOLD MEDAL FOR RESEARCH ON DISABILITY (By Disabledās Club of India)
NOMINATED FOR BEST MSME AWARDS 2017
5 STAR RATING ON GOOGLE
We have PhD experts from reputed institutions/ organizations like Indian Institute of Technology (IIT), Indian Institute of Management (IIM) and many more apex education institutions in India. Our works are tailored and drafted as per your requirements and are totally unique.
From past years our core advisory members, research team assisted research scholars from various universities from all corners of world.
Subjects/Areas We Cover:
Management, Commerce, Finance, Marketing, Psychology, Education, Sociology, Mass communications, English Literature, English Language, Law, History, Computer Science & Engineering, Electronics & Communication Engineering, Mechanical Engineering, Civil Engineering, Electrical Engineering, Pharmacy & Healthcare.
Impact of Job Satisfaction on Employee Retention of IT Professionalsijtsrd
Ā
Human resources are the source of revenue of all types of an organization. The major challenge that organizations are facing today is not only managing these resources but also retaining them. Securing and retaining experienced employees plays an important task in any organization, because employees acquaintance and skills are vital to companies ability to be competitive cost-effectively. This paper focusing on employee satisfaction can positively impact the organization as it increases the productivity, performance, quality of work, profits & dedication to the organization, reduced turnover, superior attendance. Thus, this paper seeks to look at the impact of job satisfaction on employee retention of information technology professionals specifically the software engineers. Pavithra. P | Dr. V. M. Anitha Rajathi"Impact of Job Satisfaction on Employee Retention of IT Professionals" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-2 | Issue-3 , April 2018, URL: http://www.ijtsrd.com/papers/ijtsrd10884.pdf http://www.ijtsrd.com/management/management-development/10884/impact-of-job-satisfaction-on-employee-retention-of-it-professionals/pavithra-p
A Study on Recruitment Process in āMidland Microfinance Limitedā at JalDr. Amarjeet Singh
Ā
Human Resources is the most valued and most treasured asset for any Organization. Best Outcome can be Judged with the efficient Recruitment and Selection strategies. The main objective of this paper is to streamline Recruitment process in Midland Microfinance Ltd at Jal. The study also focuses its attention to carry out and promote a fair and transparent recruitment procedure. The well-structured questionnaire was used for the data collection. The source of data was both primary and secondary. Data analysis has been done with statistical tools like tables, graphs, bar diagrams etc. With reference of to this context the research paper entitled Recruitment has been prepared to put light on Recruitment process. The main objective of the study is to Highlights on the most preferable method for recruitment, as well as To study various the sources used for recruitment in Midland microfinance limited company in Jalandhar.
ASSESSING THE ROLE OF ATTRITION IN A DIVERSE WORKPLACE ENVIRONMENTIAEME Publication
Ā
The world of work is shifting from an agriculture-centered to an Industrial one,
from self-employed workers to salaried employees and our modern economies are
slowly transitioning towards collaboration and competition. Today, the boundaries of
contemporary organizations are blurring; information technologies are allowing
individuals and companies to set base away from cities; shared working spaces are
triggering new forms of collaborations between individuals and corporations. The
main purpose of this research is to find out the main causes which increase the
employee turnover in BPO companies and to find out the way to control attrition. The
study is descriptive in nature. The study was carried out in BPO companies. Mixed
methodology was used in this study. For analysis purpose chi-square, Rank
correlation and percentage method has been used.
It contains details about Recruitment, Different and Effective ways of Recruitment, Steps to get Referrals on LinkedIn and Plan for Recruitment using Social Media on medium
Employee Enagagement : An Inevitable Factor To Organizational Success in The ...JIANGUANGLUNG DANGMEI
Ā
Abstract
In the changing business environment due to competition and managing changes, organizations face difficulties
to maintain organizational success. However, the employee engagement is a concept which if
implemented properly can make a lot of difference in the organization. Employee engagement is defined as the positive
attitude of an employee towards the organization and its value which exert to greater discretionary effort to ensure
organizational success and sustainability. It is a simple fact that the engagement of employees towards their work and
organization can make a huge difference for the growth and survival of the organization. Almost all of the companies
now explore the possibilities for adopting employee engagement as a strategy for organizational growth and success
as employee engagement is highly associated with organizational performances. It is essential to understand employee
engagement as engaged employees who are fully involved and committed to their works are willing to go the extra
mile for their organization to ensure its success. This paper attempts to throw light on the nature of employee engagement
to ensure organizational success in the contemporary business.
HR Systems 2020: The Challenges and OpportunitiesRob Scott
Ā
Rob Scott, Human Capital Services Practice leader at Presence of iT (www.presenceofit.com.au) presents a paper on the future of HR systems and how personal health measurement is influencing HR and the work environment.
Writekraft Research and Publications LLP was initially formed, informally, in 2006 by a group of scholars to help fellow students. Gradually, with several dissertations, thesis and assignments receiving acclaim and a good grade, Writekraft was officially founded in 2011 . Since its establishment, Writekraft Research & Publications LLP is Guiding and Mentoring PhD Scholars.
Our Mission
āTo provide breakthrough research works to our clients through Perseverant efforts towards creativity and innovationā.
Vision
Writekraft endeavours to be the leading global research and publications company that will fulfil all research needs of our clients. We will achieve this vision through:
Analyzing every customerās aims, objectives and purpose of research
Using advanced and latest tools and technique of research and analysis
Coordinating and including their own ideas and knowledge
Providing the desired inferences and results of the research
In the past decade, we have successfully assisted students from various universities in India and globally. We at Writekraft Research & Publications LLP head office in Kanpur, India are most trusted and professional Research, Writing, Guidance and Publication Service Provider for PhD. Our services meet all your PhD Admissions, Thesis Preparation and Research Paper Publication needs with highest regards for the quality you prefer.
Writekraft Research and Publications LLP was initially formed, informally, in 2006 by a group of scholars to help fellow students. Gradually, with several dissertations, thesis and assignments receiving acclaim and a good grade, Writekraft was officially founded in 2011 Since its establishment, Writekraft Research & Publications LLP is Guiding and Mentoring PhD Scholars.
Our Mission:
To provide breakthrough research works to our clients through Perseverant efforts towards creativity and innovationā.
Vision:
Writekraft endeavours to be the leading global research and publications company that will fulfil all research needs of our clients. We will achieve this vision through:
Analyzing every customer's aims, objectives and purpose of research
Using advanced and latest tools and technique of research and analysis
Coordinating and including their own ideas and knowledge
Providing the desired inferences and results of the research
In the past decade, we have successfully assisted students from various universities in India and globally. We at Writekraft Research & Publications LLP head office in Kanpur, India are most trusted and professional Research, Writing, Guidance and Publication Service Provider for PhD. Our services meet all your PhD Admissions, Thesis Preparation and Research Paper Publication needs with highest regards for the quality you prefer.
Our Achievements:
NATIONAL AWARD FOR BEST RESEARCH PROJECT (By Hon. President APJ Abdul Kalam)
GOLD MEDAL FOR RESEARCH ON DISABILITY (By Disabledās Club of India)
NOMINATED FOR BEST MSME AWARDS 2017
5 STAR RATING ON GOOGLE
We have PhD experts from reputed institutions/ organizations like Indian Institute of Technology (IIT), Indian Institute of Management (IIM) and many more apex education institutions in India. Our works are tailored and drafted as per your requirements and are totally unique.
From past years our core advisory members, research team assisted research scholars from various universities from all corners of world.
Subjects/Areas We Cover:
Management, Commerce, Finance, Marketing, Psychology, Education, Sociology, Mass communications, English Literature, English Language, Law, History, Computer Science & Engineering, Electronics & Communication Engineering, Mechanical Engineering, Civil Engineering, Electrical Engineering, Pharmacy & Healthcare.
Impact of Job Satisfaction on Employee Retention of IT Professionalsijtsrd
Ā
Human resources are the source of revenue of all types of an organization. The major challenge that organizations are facing today is not only managing these resources but also retaining them. Securing and retaining experienced employees plays an important task in any organization, because employees acquaintance and skills are vital to companies ability to be competitive cost-effectively. This paper focusing on employee satisfaction can positively impact the organization as it increases the productivity, performance, quality of work, profits & dedication to the organization, reduced turnover, superior attendance. Thus, this paper seeks to look at the impact of job satisfaction on employee retention of information technology professionals specifically the software engineers. Pavithra. P | Dr. V. M. Anitha Rajathi"Impact of Job Satisfaction on Employee Retention of IT Professionals" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-2 | Issue-3 , April 2018, URL: http://www.ijtsrd.com/papers/ijtsrd10884.pdf http://www.ijtsrd.com/management/management-development/10884/impact-of-job-satisfaction-on-employee-retention-of-it-professionals/pavithra-p
A Study on Recruitment Process in āMidland Microfinance Limitedā at JalDr. Amarjeet Singh
Ā
Human Resources is the most valued and most treasured asset for any Organization. Best Outcome can be Judged with the efficient Recruitment and Selection strategies. The main objective of this paper is to streamline Recruitment process in Midland Microfinance Ltd at Jal. The study also focuses its attention to carry out and promote a fair and transparent recruitment procedure. The well-structured questionnaire was used for the data collection. The source of data was both primary and secondary. Data analysis has been done with statistical tools like tables, graphs, bar diagrams etc. With reference of to this context the research paper entitled Recruitment has been prepared to put light on Recruitment process. The main objective of the study is to Highlights on the most preferable method for recruitment, as well as To study various the sources used for recruitment in Midland microfinance limited company in Jalandhar.
ASSESSING THE ROLE OF ATTRITION IN A DIVERSE WORKPLACE ENVIRONMENTIAEME Publication
Ā
The world of work is shifting from an agriculture-centered to an Industrial one,
from self-employed workers to salaried employees and our modern economies are
slowly transitioning towards collaboration and competition. Today, the boundaries of
contemporary organizations are blurring; information technologies are allowing
individuals and companies to set base away from cities; shared working spaces are
triggering new forms of collaborations between individuals and corporations. The
main purpose of this research is to find out the main causes which increase the
employee turnover in BPO companies and to find out the way to control attrition. The
study is descriptive in nature. The study was carried out in BPO companies. Mixed
methodology was used in this study. For analysis purpose chi-square, Rank
correlation and percentage method has been used.
It contains details about Recruitment, Different and Effective ways of Recruitment, Steps to get Referrals on LinkedIn and Plan for Recruitment using Social Media on medium
Employee Enagagement : An Inevitable Factor To Organizational Success in The ...JIANGUANGLUNG DANGMEI
Ā
Abstract
In the changing business environment due to competition and managing changes, organizations face difficulties
to maintain organizational success. However, the employee engagement is a concept which if
implemented properly can make a lot of difference in the organization. Employee engagement is defined as the positive
attitude of an employee towards the organization and its value which exert to greater discretionary effort to ensure
organizational success and sustainability. It is a simple fact that the engagement of employees towards their work and
organization can make a huge difference for the growth and survival of the organization. Almost all of the companies
now explore the possibilities for adopting employee engagement as a strategy for organizational growth and success
as employee engagement is highly associated with organizational performances. It is essential to understand employee
engagement as engaged employees who are fully involved and committed to their works are willing to go the extra
mile for their organization to ensure its success. This paper attempts to throw light on the nature of employee engagement
to ensure organizational success in the contemporary business.
HR Systems 2020: The Challenges and OpportunitiesRob Scott
Ā
Rob Scott, Human Capital Services Practice leader at Presence of iT (www.presenceofit.com.au) presents a paper on the future of HR systems and how personal health measurement is influencing HR and the work environment.
Quality of work life and Human resource Management in Business Process Manage...ijtsrd
Ā
Quality of work life plays an important role in the present global business environment to improve the organizational performance and excellence in terms of achieving profitability and productivity to reach the organizational goals. The work life is based on the Person's mentality and the psychological factors. Authors, people of organization, psychologists and also the management consultants agreed to give a 100% perfect definition based on their experience and observations. The happiness and behavior of the employees is measured by their way of life. The employees life style is determined with individual characteristics and individual characteristics of need pattern, tolerance of every issue in organization, work principles, values, abilities and skills of the employees. People behavior and work life balance usually varies from person to person. Reaching higher position will satisfy the mental urges. Engaging with the given work will also be helpful for balancing the personal life satisfaction. Organizational trainings and career development will be helpful to precise the quality of work life Appreciations, and Motivation, are the most important needs. It is important factor of work life status improvement. More recognition in job needs to be appreciated. Employees must be rewarded for his extra work Development and work skills. At the same time lethargic and lazy employees must be penalized. This will be helpful in motivating employees. Ms. Challa Madhavi | Dr. Nalini Bikkana"Quality of work life and Human resource Management in Business Process Management (BPM) Companies in India" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-1 | Issue-2 , February 2017, URL: http://www.ijtsrd.com/papers/ijtsrd8288.pdf http://www.ijtsrd.com/management/business-ethics/8288/quality-of-work-life-and-human-resource-management-in-business-process-management-bpm-companies-in-india/ms-challa-madhavi
College of Administrative and Financial SciencesAssign.docxmccormicknadine86
Ā
College of Administrative and Financial Sciences
Assignment 3- Strategic Management
(MGT 401)
Course Name: Strategic Management
Studentās Name:
Course Code: MGT 401
Studentās ID Number:
Semester: II
CRN:
Academic Year: 1440/1441 H
For Instructorās Use only
Instructorās Name:
Studentsā Grade: Marks Obtained/Out of
Level of Marks: High/Middle/Low
Instructions for the three assignments ā PLEASE READ THEM CAREFULLY
Ā· The Assignment must be submitted on Blackboard (WORD format only) via allocated folder.
Ā· Assignments submitted through email will not be accepted.
Ā· Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page.
Ā· Students must mention question number clearly in their answer.
Ā· Late submission will NOT be accepted.
Ā· Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.
Ā· All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).
Ā· Submissions without this cover page will NOT be accepted.
Assignment 3:
Part 3 of project & Discussion Questions
Learning outcomes:
1. Understand issues related to strategic competitive advantage in diversified organizations (Lo 2.2)
2. Gain insights into the strategy-making processes of different types of organizations ( Lo 1.7)
3. Identify appropriate strategies for different situations (Lo 3.1).
This assignment 3 includes two independent sections: section 1-complement of project & section 2- discussion questions.
Section 1 = Part 3 of project
Questions
Consider the same company āXā that you have already used in assignment 1& 2 and answer the following questions.
1. Evaluate the performance of the main activity of your selected company (performance of principal product/service). What type(s) of criteria do you use to evaluate this performance?
2. What type(s) of control of employees and production processes is/are used by your selected company?
3. How does the corporation manage the environmental risks?
4. Evaluate the competitive advantage of the corporation on its market. Suggest some recommendations for the managers of your selected company to improve this competitive advantage.
End of the project
Section 2 = Discussion Questions.
Questions
Discuss the following questions:
1. Is the evaluation and control process appropriate for a corporation that emphasizes creativity? Are control and creativity compatible? Explain. - Max 300 words
2. How can corporate culture be changed? Give examples. Max 250 words
3. How is the cellular/modular structure different from the network structure? Give at least three differences. ā Max 200 words
Answers:
PUBLIC
PUBLIC
PUBLIC
Weekly Lecture
Week 2 will focus on several is ...
Human Resource Management is the organizational function that deals with issues related to people such as compensation, hiring, performance management, organization development, safety, wellness, benefits, employee motivation, communication, administration, and training. Newly appointed people must be first trained in the organization. This training has to be done properly, clearly and neatly. The new process of training is to analyze the new people who have joined the organization for working. Analyzing the new people may help to what actually training the people required for working. This will stop the waste of time as people may know the same thing earlier. Nishad Nitin Vairagi | Smitil Dattatrey Patil | Pratibha M. Deshmukh"Training Needs Analysis" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-2 | Issue-5 , August 2018, URL: http://www.ijtsrd.com/papers/ijtsrd15759.pdf http://www.ijtsrd.com/computer-science/other/15759/training-needs-analysis/nishad-nitin-vairagi
A Study on Talent Management and its Impact on Organization Performance- An E...Dr. Amarjeet Singh
Ā
These days organizationās talent is its primary source of competitive advantage. Performance of organization depends upon performance of its employees. If employees of an organization possess unique competence, that will differentiate them from their competitors. In this competitive environment retention of talented workforce is a major task for HR managers along with acquisition. Talent management is a very complex and critical task. Right Talent acquisition makes organization strategy more strong. The current global economic situation has increased overall jobseekers in employment market worldwide, but there is still notable talent shortage in different sectors and different countries, this leads to increase the problem of āTalent Mismatchā.As todayās corporate world requires a person with multitasking skill, talent acquisition is becoming very difficult. As a result, finding the ārightā person for a particular job is becoming more challenging. Not only acquisition even retention of talented workforce has become greatest challenge for organization. Todayās changing landscape of business requires its HR to act more strategically to build employee engagement which is a great tool for talent management. Talent Management focuses on how individuals enter; move up across or out of the organization. Talent Management will succeed with the support of strong organization structure. As better talent can change the future of business, Talent Management has to be given predominant role in organization. If organization implements talent management strategies effectively, that enhances employeeās engagement which in turn helps to improve organization performance. Higher the employee engagement higher the productivity. This present study aims to identify the relationship between talent management and organization performance. This study is based on empirical research evidence build by literature reviews carried out in this direction. Researcher is intended to use different articles, research papers and literatures in order to identify the positive relationship between talent management and organization performance. This empirical research paper will provide insights to HR managers to build Talent management as a Strategic tool to build employee engagement and thereby improving organization performance.
Every organization needs inventory for smooth running of its activities. It serves as a link between production and distribution processes. The investment in inventories constitutes the most significant part of current assets/working capital in most of the undertakings. Thus, it is very essential to have proper control and management of inventories. The purpose of inventory management is to ensure availability of materials in sufficient quantity as and when required and also to minimize investment in inventories. Raw materials, goods in process and finished goods all represent various forms of inventory. Each type represents money tied up until the inventory leaves the company as purchased products. Because of the large size of the inventories maintained by firms, a considerable amount of funds is required to be committed to them.
It is therefore absolutely imperative to manage inventories efficiently and effectively in order to avoid unnecessary investments. A firm neglecting the management of inventories will be jeopardizing its long run profitability and may fail ultimately. The reduction in excessive inventories carries a favorable impact on the companyās profitability.
The study starts with an introduction to inventory management, Companyās profile, Achievements and also the need for study, review of literature and objectives are set out for the study. Research methodology, Data analysis & Interpretation, Findings and Suggestions of the study follow.
One of the main areas of the project is the analysis part, where the data are analyzed & interpreted, to find out how the inventories were managed. Some of the tools used in inventory are regarding to:
ļ Economic Order Quantity
ļ Safety Stock
ļ FSN Analysis
ļ Trend Analysis and
ļ Inventory Turnover Ratio.
Presenting, Analysis and Interpretation of Findings Regarding Training and De...paperpublications3
Ā
Abstract: No organization has a choice of whether to train its employees or not, the only choice is that of methods. The primary concern of an organization is its viability, and hence its efficiency. There is a continuous environmental pressure for efficiency, and if the organization does not respond to this pressure, it may find itself rapidly losing whatever market share it has. Training imparts skills and knowledge to the employees in orders that they contribute to the organizationās efficiency and be able to cope with the contract pressures of changing environment. The viability of an organization depends, to a considerable extent on the skills of different employees, especially that of its managerial cadre, to align the organization successfully within its environment. Three factors have been identified which necessitate continuous training in the organization. These factors are technological advancements, organizational complexity, and Human Relations. All these factors are related to each other Example Technological advancements tend to increase the size of the organization, which increases its complexity, similarly ,increasing organizational complexity and technological advancements also a creates human Relations.
Presenting, Analysis and Interpretation of Findings Regarding Training and De...paperpublications3
Ā
Abstract: No organization has a choice of whether to train its employees or not, the only choice is that of methods. The primary concern of an organization is its viability, and hence its efficiency. There is a continuous environmental pressure for efficiency, and if the organization does not respond to this pressure, it may find itself rapidly losing whatever market share it has. Training imparts skills and knowledge to the employees in orders that they contribute to the organizationās efficiency and be able to cope with the contract pressures of changing environment. The viability of an organization depends, to a considerable extent on the skills of different employees, especially that of its managerial cadre, to align the organization successfully within its environment. Three factors have been identified which necessitate continuous training in the organization. These factors are technological advancements, organizational complexity, and Human Relations. All these factors are related to each other Example Technological advancements tend to increase the size of the organization, which increases its complexity, similarly ,increasing organizational complexity and technological advancements also a creates human Relations.
A Study on Employee Motivation at Megha Engineering and Infrastructure Pvt Lt...ijtsrd
Ā
Employee motivation is important in any organization. If the employee not motivated in the organization works in effectively than organization would not function properly ultimately result in looses it plays a crucial role in the long term growth of an organization. Proper motivation turns an employee into a loyal asset and helps in maintaining the retention rate. The subject of motivation, perhaps, received the highest attention from management thinkersā worldwide at the context, present study aimed to know the influencing factors for motivation, level of satisfaction on motivational practices in the organisation. The result of level of that highly respondence is the self actualization, Leave and job security then Self affirmation, Salary increments and lowest respondence is curiosity, Therefore, present study has been conducted at megha engineering infrastructure limited company. M. Bhavani | Dr. P. Viswanath "A Study on Employee Motivation at Megha Engineering and Infrastructure Pvt Ltd Company, Hyderabad, Balanagar" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-6 , October 2022, URL: https://www.ijtsrd.com/papers/ijtsrd51953.pdf Paper URL: https://www.ijtsrd.com/engineering/other/51953/a-study-on-employee-motivation-at-megha-engineering-and-infrastructure-pvt-ltd-company-hyderabad-balanagar/m-bhavani
A STUDY ON TALENT MANAGEMENT AND ITS IMPACT ON EMPLOYEE RETENTION IN SELECTED...IAEME Publication
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The goal of this study was to see how talent management affected employee retention in the selected IT organizations in Chennai. The fundamental issue was the difficulty to attract, hire, and retain talented personnel who perform well and the gap between supply and demand of talent acquisition and retaining them within the firms. The study's main goals were to determine the impact of talent management on employee retention in IT companies in Chennai, investigate talent management strategies that IT companies could use to improve talent acquisition, performance management, career planning and formulate retention strategies that the IT firms could use. The respondents were given a structured close-ended questionnaire with the 5 Point Likert Scale as part of the study's quantitative research design. The target population consisted of 289 IT professionals. The questionnaires were distributed and collected by the researcher directly. The Statistical Package for Social Sciences (SPSS) was used to collect and analyse the questionnaire responses. Hypotheses that were formulated for the various areas of the study were tested using a variety of statistical tests. The key findings of the study suggested that talent management had an impact on employee retention. The studies also found that there is a clear link between the implementation of talent management and retention measures. Management should provide enough training and development for employees, clarify job responsibilities, provide adequate remuneration packages, and recognise employees for exceptional performance.
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Talent management success mantra for small and medium sized enterprises
1. Industrial Engineering Letters
ISSN 2224-6096 (Paper) ISSN 2225-0581 (online)
Vol.3, No.11, 2013
www.iiste.org
Talent management: Success Mantra for Small and Medium sized
Enterprises
Prof.Archana Surywanshi
Shikshan Maharshi
Dr. Dy Patil Centre For Management and Research, gate-1029, 1030 newale vasti, taluka-haveli, chikhali, pune
ā 412114, e-mail- surywanshi.archana@gmail.com
Abstract:
Talent Management is the concept that i.e. managing the talent, ability, core capabilities of the employees in the
organization that will be the competitive advantage. The concept is not constrained to recruiting the right
candidate at the right time but it extends to extraordinary qualities of your employees and developing and
cultivating them to get the desired results. Recruiting the best talent from the industry may be a big concern for
the organizations today but retaining them is the big task in front of the managers. According to the culture of the
organization and getting the best out of them is a much bigger concern. The paper focus on the importance of
talent management and its effect on the industry in this competitive world. This paper uses the both primary data
and secondary data. The primary data is collected from managers, employees of the organization. The well
structured questionnaire is formulated and by interview method the data is collected and secondary data is
collected from some publication, journals, books etc. The convenient sampling technique is used in the study.
The stastical tools for the analysis are used i.e. percentage method, Garrett Ranking method with sample size of
60 respondents. In the research the findings we got are that the talent management is most important concept to
be studied and most of the respondents think that there should be wellness program to be conducted in any
organization.
Keywords: core capability, talent management, retaining talent, competitive advantage.
1.
Introduction:
Talent management is the process of recruit, retain,, develop and make them perform to show best results in the
organization. Talent management is the most important aspect of the organization to reach strategic competitive
advantage.
Talent management is a critical HR activity; the chaos is evolving every day. Letās evaluate some trends in the
same.
1
2
Technology and Talent Management: Technology is increasingly getting into peopleās nerves.
Online employee portals have become common place in organizations to offer easy access to
employees to various schemes. The employees can also manage their careers through portals and this
will help the organizations to understand their employees in a better way.
3
Promoting Talent Internally: There is more focus on the promotion of talent internally because the
internal talent is more reliable than the outsiders. There should be the learning and development
programs shall be organized for the employees for better learning.
4
2.
Talent conflict: Finding and retaining the top talent is the most difficult aspect of HR management.
In the HR survey, found that organizations globally are facing a shortage of talented employees and
itās often more tricky to retain them. Further research says that there is clear link between talent
issues and overall productivity.
Talent Management to save HR: HR is required to focus on qualitative aspects rather than
quantitative aspects because this will give the practical exposure to the organization. Through talent
management more effort is now being laid on design and maintaining employee scorecards and
employee surveys for ensuring that talent is nurtured and grown continuously.
Objective of the study:
1.
To study how talent management helps in motivating employees
54
2. Industrial Engineering Letters
ISSN 2224-6096 (Paper) ISSN 2225-0581 (online)
Vol.3, No.11, 2013
www.iiste.org
2.
3.
To study the impact of the talent management strategies on the organization .
4.
3.
To study the strategies used in the organization
To study how an organization manage the talent effectively.
Need of the Study:
There is need to study the topic that will help the organization to have a look on future prospects of the
organization. The talent management is important concept to study because some of the other concepts are
interlinked with these concepts as follows:
1. Performance management
2.
3.
To know that the strategy used will help the employees to motivate them
4.
4.
Competency management
Training & development.
Research Methodology:
The study focuses on both primary data as well as secondary data.
4.1. Primary Data:
Primary data is collected from managers, employees of the organization. The well structured questionnaire is
formulated and by interview method the data is collected.
4.2. Secondary data:
This data is second hand which is collected from some publication, journals, books etc.
Sample Size: 60 Respondents
Sampling Method: Convenient Sampling Technique
Stastical Tools Used:
1. Percentage Method
2.
5.
Garrett Ranking Method
Data Analysis:
5.1 Demographic Variables:
There is need to study the demographic values because these variables helps to know the age,
education, monthly income etc variables which will impact on the talent management.
55
3. Industrial Engineering Letters
ISSN 2224-6096 (Paper) ISSN 2225-0581 (online)
Vol.3, No.11, 2013
www.iiste.org
Table 1. Demographic Variables
Demographic
Number
Variables
Respodents
Sex
of
Percentage
45
33
55
18-25
14
23.33
30
50
35-45
10
16.67
45- above
Marital Status
27
25-35
Age (in years)
Male
Female
6
10
71.67
28.33
School
8
13.33
27
45
Professional
11
18.33
Diploma
14
23.34
Below Rs. 5000
10
1.67
Rs. 5000 - Rs.
10,000
Rs.10000Rs
15,000
Rs.15000Rs.20,000
above Rs.20000
Monthly
Income
43
17
Graduate
Education
Married
Unmarried
12
20
7
11.67
15
25
16
26.67
Source: Primary data
Therefore, in the above demographic analysis, there are maximum number of female employees working in
which most of them are married within the age limit of 25-35.
5.2 Talent Management is important for the company:
The talent management is important concept or not is studied and is asked to 6o respondents and the
analysis is done by percentage method.
Table 2. Talent Management is important for the company
Factors
No. Of Respondents
Percentage
Yes
43
71.66
No
17
28.34
Total
60
100
Source: Primary data
From the above data, it is clear that from 60 respondents, they agree that talent management is an important
concept to study and it is important for the company. 71.66% of the respondents agrees that talent management
is an important concept to study
5.3 Effective management of Talent in the organization:
For effectively managing the talent there is need to recognize talent ,attracting talent , selecting talent etc are
asked to the respondents to fill then the table 3 shows the details:
56
4. Industrial Engineering Letters
ISSN 2224-6096 (Paper) ISSN 2225-0581 (online)
Vol.3, No.11, 2013
www.iiste.org
Table 3. Effective management of Talent
Effective Measures
Number
of
Respondents
Percentage
Recognize Talent
10
16.67
Attracting Talent
25
41.66
Selecting Talent
10
16.67
Retaining Talent
12
20
Manageing Talent
3
5
Total
60
100
Source : Primary data
5.4 Talent Management Strategies used by the organization :
There are various strategies used by the organization to retain their talent. Some of the strategies used are
wellness program, coaching, rewarding , retaining, managing stress etc. For this respondents are allowed to rank
their preferences on which they relay on and this is explained by Garrett Ranking Method.
Percent Position = 100(Rij-0.5)/Nj
Rij = Rank given for i th item by the j th sample respondents.
Nj = Total rank given by me j th sample respondents
Table 4. Talent Management Strategies
Strategies
I
II
III
IV
V
Total
Wellness Program
33
5
6
7
9
60
Coaching
5
14
13
17
11
60
Rewards
11
15
16
6
12
60
Employee
Suggestions
Program
Retention Bonus
4
19
14
16
7
60
7
7
11
14
21
60
Garret Value
100(Rij-0.5)/Nj
CV
GV
100(1-0.5)/5
10
75
100(2-0.5)/5
30
60
100(3-0.5)/5
50
50
100(4-0.5)/5
70
40
100(5-0.5)/5
90
20
Calculated Garret Value
Benefits
I
II
III
IV
V
Total
300
300
280
225
3580
Wellness
Program
Coaching
2475
375
840
650
680
275
2820
Rewards
825
900
800
240
300
3065
1140
700
640
175
2955
420
550
560
525
2580
Employee
300
Suggestions
Program
Retention
525
Bonus
Garret Score:
57
5. Industrial Engineering Letters
ISSN 2224-6096 (Paper) ISSN 2225-0581 (online)
Vol.3, No.11, 2013
www.iiste.org
Benefits
G.S
A.S
Rank
Wellness Program
3580
59.67
I
Coaching
2820
47
IV
Rewards
3065
51.08
II
Employee
Suggestions
Program
Retention Bonus
2955
49.25
III
2580
43
V
Table 4 shows the garret ranking score and the average score. The first rank is given to āWellness programā and
the last rank is given to āRetention bonusā. This shows that employess want more or focused on the wellness
programs to be offered by the organization.
Maximum number of the respondents in the present survey shows that āWellness programā is given most
important part to be considered by the organization.
6. Findings:
1.
2.
For effectively managing the talent most of the respondents agrees that the attracting the talent is most
important. 41.67 % of the respondents agrees that attracting talent is important and managing
succession is the least 5%.
3.
Most of the respondents ranked for wellness program should be conducted in the organization so that
the talent management will be helpful in the organization.
4.
7.
The effective management of talent, the respondents said that the study of talent management was
necessary for the organization.
The demographic variable shows that the married respondents are more with the lowest income level.
Suggestion:
7.1 Building Leadership Skills:
The most important skill to be developed in the organization is leadership skills because there are many
group tasks to be accomplished and when working in teams there is need to develop leadership skills. This can
be developed by coaching or training programs to be conducted in the organization.
7.2 Increasing the core capability:
The enhancement of core capability of an individual is an important aspect of the organization. The individual
capability is increased then and then only there is growth of the organization is definite.
7.3 Creating good opportunities to employees:
Here, the employees focus on the creation of the good future prospectus of themselves. The organization shall
focus on providing good carrier opportunities to them.
8.
Conclusion:
Talent management is fast growing concept. Every organization need to formulate some strategies to sustain in
the competitive advantage. The importance of studying talent management will be helpful for the retaining good
employees and this will lead to the success for the organization. The primary objective of the study was to know
what strategies have the companies are using and to what extent this will be helpful to the organization.
Therefore all the objectives are successfully achieved.
58
6. Industrial Engineering Letters
ISSN 2224-6096 (Paper) ISSN 2225-0581 (online)
Vol.3, No.11, 2013
www.iiste.org
References:
1 Berger, (2004). The Talent Management Handbook, 3rd Edition. New York page no. 8-16
2
Allan Schweyer, (2004). Talent Management Systems: Best Practices in Technology Solutions for
Recruitment, Retention and Workforce planning , page no. 20-43
3
Aston, and Morton, (2005). Managing talent for competitive advantage Strategic HR Review 2005, 4(5),
28ā38.
4
Ravinder Shukla, (2009). TALENT MANAGEMENT: Process of Developing and Integrating Skilled
Workers, page no 1-45.
59
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