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PERFORMANCE MANAGEMENT IN AN ORGANIZATION

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 PERFORMANCE MANAGEMENT IN AN ORGANIZATION INTRODUCTION Performance management, which restructures employee performance and effort to effectively meet the set of goals, is a continuous and methodical process for verifying the accomplishment of organizational business goals.  (Amber Qureshi, Mubashir Hassan,2013). E stablished a framework for personnel management that includes compensation, planning for succession, planning for performance, learning, professional growth, and monitoring and reviewing. Companies must reconsider their hiring, training, and compensation practices in order to successfully organize their workforces; as a result, employees may be encouraged to be competitive. Without a question, people play a significant role in companies.  One of the main management strategies of the organizations is to invest in employees. Organizations are seeking to develop, motivate and increase the performance of their employees in a variety of human resources applications ...

IMPORTANCE OF ETHICS TO THE ORGANISATION

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IMPORTANCE OF ETHICS TO THE ORGANISATION  INTRODUCTION Organizational ethics represent the ethical standards of a business, which shape company morale, corporate culture, and work environment standards. Learn about the benefits of practicing organizational ethics and how to enforce these principles. Business ethics is a highly discussed and debated subject in today’s corporate and business world, as well as in educational and academic circles (Brown, Trevino, & Harrison, 2005). This ethics are supporting to do the business in organization and the increase the morale of employees. It represent the company values.  Brand identity and reputation may be defined by organizational ethics. Stakeholders and higher-ups will uphold professional ethics, whose unique characteristics and guiding principles will draw particular types of employees and individuals.  Organizational ethics specify a degree of moral behavior that may conform to or depart from accepted corporate no...

Strategic HR Management and Planning

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 Strategic HR Management and Planning  Introduction Strategic  HR management planning is directly connected with the vision & mission , targets and goals of an organization or a company. With the combination of strategic HR management have to select most suitable employees to achieve  company targets and goals. This is directly connected with organizations success and profitability.  Human resource management is a distinctive approach to employment management which seeks to achieve competitive advantage through the strategic deployment of a highly committed and capable workforce using an array of cultural, structural and personnel techniques. (Storey 2007, p. 7) Strategic human resource management (strategic HRM, or SHRM) may be regarded as an approach to the management of human resources that provides a strategic framework to support long-term business goals and outcomes. The approach is concerned with longer-term people issues and macro-conc...

ARTIFICIAL INTELLIGENCE IN HR

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 ARTIFICIAL INTELLIGENCE IN HR INTRODUCTION With the development of Artificial Intelligence (AI) technology, a new generation of labour, such as the human intelligence of artificial intelligence, has become the key factor for enterprises to survive and transform in a changing environment. Artificial intelligence (AI) is a potentially transformative force that is likely to change the role of management and organizational practices. AI is having revolutionary impacts on organizational decision making (Jarrahi, 2018) and redefining management models (Thomas et al., 2016). Artificial Intelligence is helping to every organisation for reduce the workload as well as the minimise the work pressure on the employees at workplace. Quick changes required fast responds in business. When using an AI system in an organisation, top management able to get details of existing performance and day to day activities.  Everyday business world is changing. To face that changes manages must bear lo...

EMPLOYEE BENIFITS

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  EMPLOYEE BENIFITS Introduction Employee benefits are offered by companies or organizations by in addition to salaries. This benefits are based on employee performance, needs, efficiency, current economical situation of society , profitability and the establishment of the company. However performance based benefits are given only for employees who perform better for company targets. Organizations and companies are giving incentives and bonuses to employees who achieved targets and well performers who are drive the company to success. As per the Herberg’s two-factor theory of motivation and hygiene, the employee benefit programs are essential and adequate conditions for smooth working, the hygiene aspect affects the work motivation of employees which in turn affects their performance and productivity (Hong et al. 1995). This benefit programs are help to increase employee satisfaction and increase their commitments towards an organization or a company. The examples of empl...