Entrepreneurship Concept and Nature
The meaning of entrepreneurship involves an entrepreneur who takes action to make a change in the world. Whether startup entrepreneurs solve a problem that many struggle with each day, bring […]
Impact of Government Policy Changes on Business
Governments establish many regulations and policies that guide businesses. Some rules, like minimum wage, are mandatory, while other policies may influence your business indirectly. Businesses need to be flexible enough […]
Concept of Business as a System
The system helps the business organizations to achieve their goals. A business system is a combination of policies, personnel, equipment and computer facilities to co-ordinate the activities of a business […]
Concept and Nature of Business
Old Concept of Business In the old days the business was conceived merely in terms of business. The business of business is business. In those days the sole and exclusive […]
Strategic Issues in International Assignment
Also referred to as a secondment or transfer, an assignment might be internal (to a different role abroad with the same employer) or to an external employer. A key characteristic […]
Building a Multicultural Organization
A multicultural organization is one that has a workforce which includes people from diverse backgrounds across all departments, and which offers them equal opportunity for input and advancement within the […]
Strategic HR Issues in Global Assignments
Operating human resources across geographic and cultural boundaries can often prove difficult for small-business owners and managers. Nonetheless, with the widespread use of technology, the ability to communicate with anyone […]
Difference between global HRM Vs Domestic HRM
Increased functional activities In order to manage human resources across countries, the functional activities of human resource departments increase multi-fold. These activities include managing expatriation, cross-country relocation, international taxation, trans-national […]
Three stage model of M&A
Strategy Under this phase, M&A Advisors assess the changes pertaining to the acquirer’s industry and identify growth opportunities and targets in line with the firm’s corporate strategy. This encompasses creating […]
Strategic Approach to Industrial Relations
The Industrial Relations or IR shows the relationship between the management and the workmen within the industry and the role of a regulatory body to resolve the industrial disputes. IR […]
Knowledge Sharing as a Core Competency
The knowledge management definition presented earlier, involved the reuse and creation of relevant knowledge. The word relevant links knowledge management (KM) to the concept of organizational core competencies. Once again, […]
Building Knowledge Management into Strategic framework
KM strategy is a plan that describes how an organization will manage its information and knowledge better for the benefit of that organization and its stakeholders. A good IKM strategy […]
HR Strategy
A Human Resource strategy is a business’s overall plan for managing its human capital to align it with its business activities. The Human Resource strategy sets the direction for all […]
Components of Strategic HRM
No matter the size of a business, the human resource department, even if just one person, is tasked with caring for and managing a company’s most important resource – its […]
Organizational HR Strategies
Organizational strategy is a plan for evolving a business over time. You might want your company to be a leader in “green” technology in five years, or maybe you envision […]
Functional HR Strategies
Business Management and Strategy This is sometimes referred to as “the business of business.” It involves understanding information from inside the organization, and from external sources such as market trends […]
