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 ...
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 ...
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’ ...
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 ...
Reasons for Attrition
Attrition is a fact of life for contemporary organizations. Employees leave organizations for a variety of reasons including:
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Competitive strategy is about being different. It means deliberately choosing a different set of activities to deliver a unique mix of value.
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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 ...
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, ...
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 ...
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 ...