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 […]
Strategic Options of Human Resource Development
Developing your small business’s human resources strategies and tactics can seem an especially daunting task. In many smaller organizations, the HR function is handled by the business owner or by […]
Compensation
Compensation is a systematic approach to providing monetary value to employees in exchange for work performed. Compensation may achieve several purposes assisting in recruitment, job performance, and job satisfaction. Compensation […]
Employee Separation
The termination of employees from membership of the organization is referred as employee separation. The rate at which employees leave the organization is measured by the rate of employee separation. […]
Manufacturing System: Introduction and Components
Manufacturing Methods There are typically three kinds of manufacturing: Make-to-Stock: This is traditional manufacturing, in which a company makes products based on past sales data. This can go awry when […]
Importance of Manufacturing for Technological and Socioeconomic Developments
There is a profound technological transformation that is affecting the industry. This is, in part, a reaction to the needs of users as well as a result of the development of […]
Production Vs. Productivity
Production Production can be defined as the systematic activity of gradually transforming one form of material into another while maintaining the requisite quality and are capable of satisfying human wants. […]
