Disadvantages of Poorly Implemented performance management system
What happens when performance management systems do not work as intended, as in the case of Sally’s organisation? What are some of the negative consequences associated with low-quality ...
Income Protection
Income protection programmes serve as a back-up to employees’ salaries in the event that an employee is sick, disabled or no longer able to work. Some countries mandate income protection ...
Recruitment and Selection – General Principles
When focusing on the recruitment and selection of employees for your business, there are some general considerations you should always keep in mind:
The first point to recognize ...
Other Selection Methods
Many organisations further enhance the recruitment process to help ensure that they choose the best available candidate, often using additional tools such as assessment centers, presentations ...
Employee Evaluation
Monitoring employee performance is of course an on-going activity, but for new employees, evaluation should have the following defined phases:
End of first day/week – a quick ‘how ...
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 ...
Induction & Training
Every employee remembers their first few days in a job and if that experience is below standard, you may quickly find that you will have a disgruntled or at least a less than happy ...
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 ...
