SHRM Competency Model

(adsbygoogle = window.adsbygoogle || []).push({}); Competency model development begins with aligning relevant business outcomes with your HR competency model. To ensure that your competency model process is business-focused from start to ...

Calculation of Employee Turnover

(adsbygoogle = window.adsbygoogle || []).push({}); Labour turnover is equal to the number of employees leaving, divided by the average total number of employees (in order to give a percentage value). The number of employees leaving and the ...

HR as a Business Partner

The term ‘business partner’ is often highlighted as an important aspect in discussions about the role of the human resource manager but being a ‘business partner’ needs wide business knowledge. According to a new report released ...

HR Outsourcing

Outsourcing basic human resource services can be the key to achieving a more influential and strategic role for the HR function. However, a new executive briefing from the CIPD also concludes that: >> the decision to outsource needs to be carefully considered, >> ...

Managing Attrition in Organizations

Reasons for Attrition Attrition is a fact of life for contemporary organizations. Employees leave organizations for a variety of reasons including: >> dissatisfaction with pay and benefits, >> lack of job satisfaction, >> problems with their immediate ...

Strategy Rests on Unique Activities

Competitive strategy is about being different. It means deliberately choosing a different set of activities to deliver a unique mix of value. Southwest Airlines Company, for example, offers short-haul, low-cost, point-to-point service between midsize cities ...

Operational Effectiveness Is Not Strategy

For almost two decades, managers have been learning to play by a new set of rules. Companies must be flexible to respond rapidly to competitive and market changes. They must benchmark continuously to achieve best practice. They must outsource aggressively ...

Finding New Positions: The Entrepreneurial Edge

Strategic competition can be thought of as the process of perceiving new positions that woo customers from established positions or draw new customers into the market. For example, superstores offering depth of merchandise in a single product category ...

Emerging Industries and Technologies

Developing a strategy in a newly emerging industry or in a business undergoing revolutionary technological changes is a daunting proposition. In such cases, managers face a high level of uncertainty about the needs of customers, the products and services ...

Alternative Views of Strategy

The Implicit Strategy Model of the Past Decade **One ideal competitive position in the industry **Benchmarking of all activities and achieving best practice **Aggressive outsourcing and partnering to gain efficiencies **Advantages rest on a few key success ...
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