SHRM Competency Model
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 ...
Calculation of Employee Turnover
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 ...
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’ ...
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 ...
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:
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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.
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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 ...
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, ...
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 ...
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 ...
