Human Resources and Finance

 
 
 
 

Over the years accounting fraternity is on the look for a way out to the ongoing debate of whether to recognize the human resource as a financial asset. The fundamental conflict is the human nature of the resource as only non-human assets are disclosed in a balance sheet. However recognition of intangibles like goodwill always triggers the need of disclosure of HR as a corporate asset.

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Fundamentals of Corporate Strategy

 
 

Strategy, in simple terms refers to the plan one has to achieve his/her objective, its about how we would get "there", its futuristic and with the aim of attaining defined goals in the future. In other words, Strategy is the approach selected to achieve defined goals in the future.

Types and Purpose of Employee Development

Employee Engagement Activities, Strategies and Initiatives

 
 

Employee engagement has been defined as an individual employee’s cognitive, emotional and behavioral state directed toward desired organizational outcomes (Shuck and Wollard, 2010). Employees who are engaged exhibit attentiveness and mental absorption in their work and display a deep, emotional

Performance Appraisal Interviews

 
 

Threats and Opportunities both lie at the heart of performance appraisal, both the employee and the manager are locked in an emotional experience, where for the former it could be stressful and anxious experience the latter has to show how can he/she shapes things and make them simple, and create a better productive environment.

Types of Employee Training

 
 

Employee Training is more than just an event where trainer talks and trainees listen or take notes, it has far reaching effects on business and its performance both in the short and long term. Training acts as a pathway to learning, Learning drives change and change is key to survival in the fast changing business world.

Define Change Management

 
 

Change Management in a nuthsell is a key function within the orgnaisation whereby steps are taken to effectively and efficiently deal with the alterations, modifications, transformations that are taking place in the micro and macro environment.

Cycle of Change in an Organization

 
 

Change is about challenging the status quo, bringing a move in the normal routine of individuals and the organization. Resistance and friction is to certain extent a normal activity. It is important that business organization analyze and understand the resistance in order to effectively deal with them.

Concept of Employee Motivation

 
 

To motivate people, it’s important to understand how motivation works. The policy of using incentives to motivate an employee is not new. The important thing is to understand is that there is difference between different individuals, Every individual will not be motivated in the same way. Individuals react in different ways so organizations should adopt different ways of motivation.

Definitions of Human Resource Management

 
 

Resource, in its organizational context, is defined as anything that could be thought of as a strength or weakness of a given firm’ including tangible and intangible assets (Wernerfelt, 1984). There are three main organizational resources

Types of Measurement Scales

 
 

Operations applied to various variables from the Questionnaires in the SPSS depends on Scale assigned to the variables. Assigning a particular scale of measurement depends on the numerical properties variable have, as discussed in the last article "Scales of Measurement".

Factors Affecting Motivation at Work

 
 

Motivation is a factor that catalyzes the success of an organization. Those Organizations are blessed who have motivated employees, employees that work hard in the workplace to achieve the goal and objectives of the organizations.

Organizational Development Practitioners

 
 

Organizational Development Practitioners are people who are entrusted with the job to carry out the planned change process in the organization. These are the people with the ultimate responsibility to development and create organizational wide effectiveness through challenging and changing its current practices. OD Practitioner normally refers to people who do Organizational Development.

Differences between Performance Appraisal and Performance Management

The need for  performance management was never as important as it is today, the world of business is witnessing immense change, with the focus of Business, Employees and Customers seeing a transformation. Business wants their employees to be on the peak of their performance in serving the customers. Performance management is based on the principle of management by agreement or contract rather than management by command. It emphasizes development and the initiation of self-managed learning plans as well as the integration of individual and corporate objectives.

Introduction to 360 Degree Feedback

 
 

360 feedback/multi rater feedback is the assessment of employees by supervisors, subordinates, peers, and in some cases customers.

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