Creating an HR Strategic Plan Essay Example | Topics and Well Written Essays - 750 words

Creating an HR Strategic Plan - Essay ExampleMoreover, it is trusty for every aspect of an employee such as their benefits, training and legal compliance. Since the sales are dependent on the capabilities of the sales force hired by the system of rules, it is also linked with the HR discussion section but in an indirect way because hiring is done by the HR department and they also provide training to the employees. If the employees are performing well and are able to increase the sales of the company, it is apparent that the human resource department has hired the correct individuals for the job they are assigned to. (Leat, 2001). HR strategical plan The steps of HR strategic plan are mentioned below. 1. Firstly the organization needs to prepare itself since strategic planning requires a lot of time and energy. The top executive should be involved and costs need to be assessed. 2. A vision and the mission statement need to be developed. 3. The environmental scanning should be do ne by analyzing the strengths and the weaknesses of the internal organization as well as the opportunities and the threats of the external environment. Moreover, the other relevant economic schooling must be gathered and analyzed. 4. A gap analysis has to be done by identifying the gaps surrounded by the vision and the mission statements as well as the environmental scan. 5. Strategic planning is done by developing strategic in order to close the gaps that might occur. Measurement, timing, and budget strategies are developed to garner the goals of the organization. 6. HR strategy involves arranging the HR goals to the organizational strategy mainly in terms of recruitment, memory board and termination. 7. After this step, implementation has to be done according to the plans an the various forms of measurements help in tracking the progress. 8. A lot of effort is required to prepare a strategic plan and it takes around five historic period to prepare it so it must be reviewed an d updated every year. (Lewis, 2003). HR strategic plan and strategic goals The HR strategic plan enables the organization to achieve its mission and strategic goals because the billetes that have a formal strategic plan are more successful than those who dont. A roadmap of success is required by an organization to be successful and a strategic plan provides direction and a course of action that helps in achieving the organizational goals. Moreover, it also helps in aligning the goals of the work units with the organizational goals making the goals common. (Barker, 2008). HR Scorecard The intensity level and efficiency of the HR functions in producing the behavior of the employees required to achieve the strategic goals of the company are mensural by the HR scorecard. To achieve it, we need to know the strategy of the company and to understand the links amongst the HR activities, the behavior of the employees and organizational performance. The steps to develop an HR score cared are mentioned below. 1. Defining the business strategy. 2. Outline the value chain of the company. 3. Identifying the organizational outcomes strategyrequired by the business. 4. Identifying the workforce needed by the company. 5. Identifying a relevant HR system. 6. Design of HR score card for measurement purpose. 7. A

Sociology Assignment Example | Topics and Well Written Essays - 750 words - 2

Sociology - Assignment ExampleWithin a hardly a(prenominal) days of the disaster, the news reportage was being handled by outsiders and the international media that took over the role of primary producers of content.When the Haitians atomic number 18 given a chance to speak about or communicate about the events happening there in the aftermath of the disaster, the local perspective is obtained. However, because of the proximity of Haiti to the US and the fact that many international journalists take in been around other disaster zones and hence the reporting is sensitive to the needs of the Haitians. However, the coverage would have been more(prenominal) vocal if the Haitians were commenting on their own affairs as the sense of despair and helplessness felt by Haitians can be captured only if they get a chance to express themselves.The point here is that the coverage has ranged from balanced to hysterical to paranoid depending upon the news outlet and the medium that is carryin g the message. Hence, the question of who comments on the news is as important as who is reporting on the events.2) A)Though I would not agree with Stephen Brunts loosely negative view of athletes as role models, nonetheless, I find merit in his arguments about one-year-old boys and girls blindly aping the athletes. This is because I feel that athletes perform in a single area of sport and are uni-dimensional in that sense. However, their performances on the field are something to be emulated though the same cannot be said of their exploits bump off the field. Hence, one has to exhibit a sense of discretion when following athletes as role models.B)The male athlete who can be a good role model would be Roger Federer. This is because he is the epitome of afflict and focus and tennis being such a demanding sport needs lot of talent and course session to go hand in hand to make a champion that is Federer. Further, his off-court demeanor is exemplary as well in the way he takes care of his family and his humility as well as good humour add to

Diabetes and Evidence Based Nursing Research Paper

Diabetes and yard Based Nursing - Research Paper ExampleAs the discussion highlights dozens of methods exist for holding staff harbors informed. In order for a nurse to be competent in diabetes nursing in general practice, he/she should have the necessary knowledge and skills required. A competent nurse should be equal to identify whether the uncomplaining has a blood history of diabetes that has not been controlled by the administration of oral drugs, and or, if the patients blood glucose levels were over 300 for the fasting blood plasma glucose (FPG) canvass or with the random plasma glucose test . The nurse should measure blood glucose and determine how much insulin is required, administer insulin according to the results of the blood glucose test performed, help patients commencing insulin develop charge techniques within guidelines and access secondary care specialist services when needed. The nurse should as well demonstrate clear knowledge of the pathophysiology of diabe tes. It is also important for the nurse to be able to monitor patients progress and management of their condition, appropriately help patients achieve self management of their diabetes condition, make proper clinical referrals within the practice, have enough and appropriate material for patient education, instruct discussion to provide necessary advice to the patient when required to, provide psychological support to patients and their families, have an unionized objective approach for the diagnosis of diabetes according to protocols, use results of the diagnosis for the treatment and incorporating patient preferences in the process.

Weighted-average cost of capital and capital structure Essay

Weighted- norm cost of keen and capital expression - Essay ExampleThese days the world community is fast coming to monetary value with the recessionary trends in almost all sectors. The corporate world is under severe pressure to running costs and do justice with the existing workforce.On the one hand companies ar trying to gain worth(predicate) support from the respective governments while on the other hand, all efforts are being made to do away with undue expenditures, and making the capital structure optimal in efficiency. Weighted Average speak to of Capital (WACC) is a fundamental approach towards making the capital structure the most advantageous for the company. No doubt companies might have undertaken such exercise many a times in the past, alone the manner in which the industry is experiencing the pressure in todays context, makes it all the more necessary for the companies to have a relook at some of the policies and procedures for calculating the WACC. Therefore, this study is an effort to analyze the procedures pick out for calculating the weighted average cost and how companies make use of such calculations in arriving at fathom financial decisions for their investment plans.Managers are supposed to make strategic moves on the basis of both external and internal analysis. They have to keep costs and manage money for the ongoing operations as well as for the futuristic investments. This could be in the form of preparing or reviewing budgets, expense reports, or travel authorizations. It may be cash management or sales management. For financial management, markets and environments are assessed. Internally, operating and financial capabilities of the company/ organization are cannistervas by using the hard facts, i.e. the financial statements, budgets etc.Investment decisions happen to be quite all-important(a) for a company and its business operations. Entrepreneurs often face the dilemma of adopting one type of capital structure as c ompared with alternatives available. There are a number of stakeholders involved in a business proposition. besides the financial resources, the enterprise requires the support of human capital, intellectual capital, relationship capital etc. (Fletcher et al, 2003). While the efforts for optimizing other types of capital requires more of intellectual capital and internal control, the financial decisions for the company require a sound understanding of the fiscal position prevailing within the country/ region, the market position and the strategies being adopted by the competitive companies. The Weighted Average Cost of Capital therefore proves to be a practised tool in dealing with the financial decision and finding out the rate of returns that the company can expect in due course. The long term planning decisions taken with the help of WACC can excessively be reviewed during the course of operations, if it is found out that the actual figures are widely at variance with the pas s judgment rates of returns. The calculations of weighted average cost of capital involves according proportionate weight to each category of capital sources like, common stock, preferred stock, bonds and any other long-term debt1.Managerial economics demands analysis of true and actual costs. In the cost-benefit analysis opportunity cost also emphasizes the role of judgment. Computerized calculation can be done while analyzing the financial details of ones own company,

Research paper on three plays Essay Example | Topics and Well Written Essays - 1000 words

Research paper on three plays - Essay Examplean, narrates the story of a tragic character so engrossed in his false belief, that reality and illusion merge, resulting in an infixed struggle that leads to his downfall. Each play portrays the internal battle of a man struggling to come to legal injury with his own, bitter reality and departing from his fantasy world. In selecting the frailty of illusion over the constancy of reality, the protagonists meet their requisite disaster.From the start of Sophocles tragic play, Oedipus takes many actions and makes many resources leading to his own downfall. Oedipus selects to disregard numerous ideals, involving truth of his keep and family background. Teiresias supplies Oedipus with everything he has to know regarding his fate by stating, You, yourself, are the pollution of this country, (634). Notwithstanding this evident assertion of truth, Oedipus chooses to victimize in his comfortable fantasy, that he has escaped his inevitable fa te. He chooses to ignore the prophecy of his fate to shovel in his catch and marry his mother. Oedipus tries to resist the gods by escaping from his homeland, Corinth, but instead throws himself directly into the hands of fate. Oedipus ignores another warning of truth in ignoring the words of Teiresias. He thinks that he has successfully evaded his own destiny however, he could not have been farther from the truth. Oedipus imprudent decisions finally lead to his ruin in the play. Oedipus most irrational choice succeeds throughout the play the choice of illusion over reality in the end costs him his life. exchangeable to the Oedipus inability to accept the truth, settlement persists in blinding himself. Even after the ghost narrates to Hamlet how his father was killed, Hamlet has the players act it out, in order to be convinced. His obscurity of the truth remains consistent. Although the king gives himself outside(a) after seeing the replay of his brothers murder, by yelling, Giv e me some light. Away (79), Hamlet is still undecided.

Lobbying on Standard Setting in Accounting Assignment

Lobbying on Standard Setting in story - Assignment ExampleThe present paper has identified that the chairman of SEC is selected through political battle by the federal government. Thus, it is less likely that chairman would not be influenced by the activities of lobbying in the theater of condition method of accounting system standards. The lobbying activities in the field of accounting standard check offting is directed at influencing the FASB in providing more flexibility to the firm in their accounting practice with no attention towards the safeguarding the long status interests of the firm as well as the investors (Andre, Cazavan-Jeny, Dick, Richard and Walton, 2009, p.24). The intentions of the lobbies are guided by narrow interests of enhancing short margin economic value of the firm by allowing relaxations in the accounting standards which are contradictory to the rules and regulations prescribed by FASB. The put to work of standard modelting in accounting is guided by the rules and regulation of monetary accounting Standards Board (FASB). The process of standard setting in accounting is guided by the rules and regulation of Financial Accounting Standards Board (FASB). The issues involved in the process of standard setting in accounting mold to light the influence of politics and activities of lobbying on setting the standards for accounting (Ball and Foster, 1982, p.165). The activities of lobbying in the setting of standards in accounting explains that politics and lobbying have a direct influence over the activity of standard setting as in the financial policy framework of the organizations. The lobbying activities include purposeful intervention with an aim to manipulate the setting of accounting standards with the help of economic activities so that the economic value added to the company could be enhanced (Beresford 1, 1997, p.90). This is, however, viewed to be inconsistent in accordance with the guidelines of the Financial Accountin g Standards Board (FASB). The activities of lobbying is aimed at derailing the standard setters from the achieving the objectives as set by the Financial Accounting Standards Board though reporting of consistent financial statements. FASB recommends improvement of transparence in accounting by setting the standards on accounting procedure and providing flexibility in the process of reporting financial statement and accounts. The issues related to lobbying on standard setting in accounting climb when the Congress is influenced by the politically influential constituents which are misdirected to achieve self motivated interests (Beresford 2, 2001, p.85). The lobbying by the accounting firms in the process of standard setting could also lead to improve of accounting standards being set by their clients. This is achieved by addressing the areas of ambiguity in the accounting rules prescribed by Financial Accounting Standards Board. The mingled issues in case of lobbying in the area of setting accounting standards highlight the interests of the companies to reduce costs and collide with flexibility in financial reporting (Bertomeu and Cheynel, 2013, p.814). For example, the accounting standards set by FASB requires the company account to be reviewed on a periodic basis by the auditors.

Private Detectives and the Present Legal System Essay

Private Detectives and the Present Legal System - see ExampleSam Spade and Sherlock Holmes, the main detective characters in The Maltese Falcon and A Study in Scarlet respectively, are strangers in the formal legal system, but proved to be boffo in solving the puzzles behind mysterious cases that they were assigned. Aside from their status as private citizens playacting as detectives, their keen eyes for details and a healthy dose of skepticism proved to be a perfect mix in their ability to solve cases.Sam Spade, a detective who is cognize for his scornful derision and passion for his work, had solved a mystery case regarding the death of his comrade, Archer and an initial target of their mission, an Englishman named Thursby. Thursbys and Archers deaths remained a mystery even for Spade himself because he did non fully know Miss Wonderly, the woman who hired his and Archers services using a faked story. At the course of the novel, the mystery was revealed when Wonderly, whose re al name is Brigid OShaughnessy, killed Thursby herself. Initially, Spade was suspected as the perpetrator of Thursbys death according to law enforcers. He calmly denied, but not vehemently, and continued to read in undercover activities himself in order to solve the puzzle. It is in this case that being an outside comp wholenessnt from the formal legal system can assure a success in solving crimes because one no longer has to go through a strict organizational policies and protocols. Spade did some meet-ups with the pile involved in the crime, and monetary amounts are not always questioned in terms of its moral rate and appropriateness under the laws in a legal system (Hammett).Sherlock Holmes also proves to be successful in his job being a consulting detective.

Team Communication Essay Example | Topics and Well Written Essays - 1000 words

squad communication - Essay ExampleHowever, many hatful involved into this type of interpersonal relations be not fully aware about the rules and logic of team communication. This knowledge is especially important for those who make do and direct work of teams, namely managers and coordinators. These people spend most of their working hours communicating with their subordinates participation in planning, organizing, controlling, and supervising activities, preventing and resolving conflicts between the personnel, scheduling and many other tasks that define the nature of team work.Communication between people is a very complex process that includes several equally important aspects. shaping it as a process we mean that it is not static set of behaviors or object we faecal matter hold in hands. As David Berlo (1960), the famous expert in team communication, believes, if we accept the concept of process, we visual sense events and relationship as dynamic, ongoing ever-changing, co ntinuous. When we label something as a process, we also mean that it does not cook a beginning, an end, a fixed sequence of events. It is not static, at rest. It is moving. The ingredients within a process move each affects all of the others (p.6).Team or root word communication includes a relatively nice human body of persons who have a mutually interdependent purpose and a sense of belonging, demonstrate behavior ground on norms and values, use procedures accepted by the group, and interact orally (Pearson, 1994, p.211). This definition mirrors the structure of team communication. fond psychologists long ago identified certain circumstances under which group communication is more attach than any other1. When a variety of entirely different ideas is better than several ideas that have much in common. Presence of others involved into similar activity encourages the process of thinking in each item-by-item member of the group making them generate new ideas.2. When members o f the group express a strong want to be involved into the process of decision making and discussing tasks. In such situation, group communication helps parry tension that would have inevitably appeared in case the groups members are denied such opportunity. 3. Team communication plays the secern role when commitment of its members is at stake. It is a common knowledge that decisions put into place without agreement of people whom they concern have good chances to meet unexpected resistance. For instance, if a manger determines his subordinates duty list without discussing it with them, there is a great probability that majority of the subordinates will express strong resistance. 4. And sometimes when a group decision is an essential condition it is appropriate not to ask the members privately, but to let them discuss the problem in group and made a common decision (Pearson, 1994, pp.211-214).Presence of others dramatically transforms behavior of break up individuals as well as their way of thinking. In order to understand the reasons for these changes we should analyze the unique characteristics of small groups, and first of all group norms, roles, leadership, member satisfaction, commitment, and productivity. Norms is a distinctive characteristic of groups. Basically, norm is an expected received of behaviour and belief established and enforced by a group (Franzoi, 1996, p.261). The word standard includes

Argument of After Shock Essay Example | Topics and Well Written Essays - 1750 words

Argument of After Shock - Essay ExampleThe book Aftershock is a manual that illust scores the declining demesne of US economy, its consequences and after effects although the authors justly verify the purpose pf the book as stated in the text, It s only bad news for your personal economy if you don t do anything intimately it Hence this book suggests methods and remedies through which personal stinting damage can be minimized change surface when the economy on the whole is falling apart. As the authors say in the book, All we can cite is actualism, based on facts and logical analysis (10) and the rest depends on the reader and his interest in benefiting from the writers spot Every fact that is stated in the book is based on, a reliable theory of economic evolution, backed up by cold, hard facts, and not random guesses (11). So such an analysis helps in providing the readers an in depth and logical account of the current situation. The writers use the concept of a Bubble as a metaphor to illustrate the unpredictability and the temporariness of the economic conditions of the United States. As stated in the text, economic burps, by nature, do not stay afloat forever. Sooner or later, economic reality, like gravity, finally kicks in, and extravasates do fall. After they burst, they never are able to re - inflate and lift off again (4). In their point of view the US economy comprises of six bubbles, These bubbles included the real estate bubble, tenor market bubble, discretionary spending bubble, sawhorse bubble, and government debt bubble (5).... The fundamental advantage of this bubble economic system was that, these six linked economic bubbles helped co create America s booming bubble economy these bubbles helped us ignore slowing productivity growth, boost our prosperity, disregard some fundamental problems, and note the party going (31). However once the decline started there was no possible solution to step down the decline and this decline is explained in the following words in the text, First, we had the fall of the U.S. housing bubble and its down(prenominal) impact on the stock market bubble, the private debt bubble, and the discretionary spending bubble Next, in the Aftershock, the dollar bubble and the U.S. government debt bubbles will begin their unavoidable descents And as the final bubbles in Americas bubble economy begin to burst, so will the worlds bubble economy (33). The real estate or the housing bubble was the first pillar of the economic system that collapsed because the price and expenditures of devising a new house increased greatly and outpaced the increase in an individuals salary and eventually its decline started in 2006 and hence resulted in the rest of the downfall of the economic system. The private debt bubble involves the bank loans and the mortgage payments. When the stock market and the housing economic system crumpled the private debt orbit also suffered a severe shock that ultimately led to its decline. The discretionary spending bubble is touch on with the total sum of money spent by the consumer. However due to recession when people started losing their jobs and the rate of unemployment increased consequently people started cutting their