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Showing posts from January, 2019

Ethical Aspects In HRM

ETHICAL ASPECT OF HUMAN RESOURCE MANAGEMENT Human resource management plays a vital role in an organization in functioning the business.  With the opening of the economies and globalization, the scope of HR is now considered as a vital part of the business strategy. In the past the HR practices were limited to recruiting, training, reviewing, terminating and appraising the organizations’ human capital.  But in the present scenario HR practices have become more ethical and socially responsible. They are based on policies and practices that will cover the human capital of an organization. In a way it is a highly productive use of people to achieve organizational goals as well as the individual goals. Similarly the globalized organization focuses on the competencies and the knowledge of their employees. IMPORTANCE OF ORGANIZATIONAL ETHICS ·          Ethics are helping to organizations in shifting focus from short term profit ...

Change Management

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INDIVIDUAL CHANGE MODULE – KEY TO SUCCESSFUL CHANGE MANAGEMENT Change management is the discipline that guides how we prepare, equip and support individuals to successfully adopt change in order to gain organizational success.  Also change management provides a structural approach to support the individual employees to move from their current situation to their own future situation. Man has a natural psychological and physiological reaction to resist change.  But if supported through times of change, man can be adoptive and successful.  Thus, the leaders should pay more attention on choosing the more effective and successful module to be practiced in the process of change management. Since a successful change management module help the organization to organize solutions, plan the potential pitfalls and keep the team informed about the progress of the transitions, the management of the organization should carefully choose the most effective Change Management module. ...

Talent Management

TALENT MANAGEMENT – THE MOST EFFECTIVE TOOL TO CREATE A HIGHLY TALENTED WORK FORCE According to CIPD (2012), a talent is an individual with special competencies.   In a business or the context, these competencies are of strategic importance to the organization.   The absence of these competencies would pose an actual situation of crisis for the organization.” In addition to that “Talent consists of these individuals who can make a difference to the organizational performances either through their innovative contribution or, in the longer terms, by demonstrating the highest level of potential.” According to Ha (2006), Talent management is a strategy to differentiate themselves from the competition and achieve different goals . In the present world of business, talent management is one of the most effective tools to ensure the employee engagement and commitment to their work.   This means the engaged or committed employees stay in the organization in the lon...