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Global HRM

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  What is Global HRM Global HRM can be defined as set of activities aimed managing organizational Human Resources at International level to achieve organizational objectives and achieve competitive advantage over competitors at national and international level International HRM is the process of Procuring, allocating, Effectively utilizing human Resources, in a multinational cooperation, while balancing the integration and differentiation of HR activities in foreign locations What is Globalization Globalization is a term used to describe how trade and technology have made the world into a more connected and interdependent place. Globalization also captures in its scope the economic and social changes that have come about as a result  ( Nationalgeographic , https://education.nationalgeographic.org/resource/globalization/ ) Globalization Impact in HRM Globalization and technical improvements in business are seen to be transforming human resource management swiftly. Globalizat

Organizational Culture

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  What is Organizational Culture Organizational culture is generally understood as all of a company’s beliefs, values, and attitudes and how these influence the behaviour  of its employees. A great organizational culture is the key to developing the traits necessary for business success, and it will also help to improve revenue growth. Organizations have the culture they need to drive future business, but getting there is no easy task, and some organizations fail to transform their cultures. But culture is a major strength of the organization, and it is important to have a roadmap that needs to be followed to create a culture that delivers results time after time. Culture is created through consistent and authentic behaviours , not press releases or policy documents. You can watch company culture in action when you see how a CEO responds to a crisis, how a team adapts to new customer demands, or how a manager corrects an employee who makes a mistake.  Culture is usually set by a com

Employee Retention in Organisation

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What is Employee  Retention in Organisation   Organizational performance and productivity depend on the employees engagement with their day-to-day work contributions to the organization, and if the experienced staff decide to resign from the organization, it would have a highly negative impact on the organization's productivity. Hence, the HR departments of the organization work hard to retain their staff in the organization, and effective employee retention can save an organization from productivity losses. High-retention workplaces tend to employ more engaged workers who, in turn, get more done. Engaged employees are more likely to improve customer relationships, which help to improve productivity. Employee turnover is a leading workforce management challenge   for many organizations and human resources (HR) professionals, creating significant operational costs for employers and compromising their growth and profit. Employee retention is very important for small businesses, b