Sunday, May 17, 2020

The Effectiveness of Human Resource Management in Handling Employee Turnover Free Essay Example, 2000 words

Employees feel like having fun at their work. These strategic approaches have helped the organization to curb its employee turnover rate by reducing their stress level and making them satisfied with their jobs (ICMR, 2004). Activities that ascertain employee care and development also create a strong bond between the employees and employers. Such a cordial work environment also enhances the performance of the organization. Increased workload and stress has often led many employees to switch their employers voluntarily after they have failed to cope up with the tremendous workload and unsatisfactory work culture of the organizations. This has increased the employee turnover and attrition rate in the victim organization. It has become a major challenge for most of the organizations to retain their efficient workforce and control the rate of employee turnover. Irrespective of industry in which one is functioning, almost all organizations have realized the gravity of the accelerating emp loyee turnover. Though it varies with the industry, its presence is felt in almost all the sectors irrespective of their private or public affiliation. The private sector has found the issue more challenging because of the competitive business environment in which they operate. We will write a custom essay sample on The Effectiveness of Human Resource Management in Handling Employee Turnover or any topic specifically for you Only $17.96 $11.86/page Strategic approaches towards human resource have enabled organizations to identify various reasons responsible for the increasing rate of employee turnover. Optimization of the human resource strategies which will ensure the well being of work-life balance can support the organization in controlling the rate of employee turnover.

Wednesday, May 6, 2020

Pestel Analysis on Motor Industry - 10196 Words

An Overview of Strategy Development Models and the Ward-Rivani Model corresponding author: Dr. David Ward, European School of Economics, Via Chiaravalle 9, 20100 Milan, Italy. All correspondence to Dr David Ward, Via Fornari 46, 20146 Milan, Italy email: daward@tin.it co-author: Elena Rivani, Via Orsoni 41, 40068, San Lazzaro di S. (Bo), Italy. Abstract Numerous models for developing strategy, defining and aligning competitive advantage have been proposed over the years (and even centuries if we consider Arian, Sun Tzu etc.) including probably the most famous of all, the 5 forces model by Porter (P5F). With publications in the field of strategy now in the thousands it is difficult to get an overall picture of how to classify and†¦show more content†¦Another key finding in the development of this paper has been the almost total lack of a complete or partial view of how the P5F model, underlying tools and schools of strategic thought are linked. In fact we found very little trace of links between these three areas and the proposed model provides an overview of how these three levels are linked. In the work that follows we have attempted to achieve the following objectives: †¢ †¢ Explain what the P5F model is, what it is intended for and its position in company strategy development What tools can and are use d by managers and upper management and how these link to the forces described by Porter. We have taken Italy as the reference country because of greater familiarity with the national economic and business world (Rivani, 2005). Tackle and link schools of thought to the P5F model and relative tools in order to leverage all three of the above mentioned levels of strategy development and deployment. Provide a convenient and concise comparison of models and show how new models can be generated or old ones adapted-updated. †¢ †¢ The Five Forces Model of Porter The Five Forces Model (P5F) and the framework behind it dates back to the early 80s and was the work of Michael Porter, a scholar working and teaching at the Harvard Business School. This model (see figure 1), as declared by its creator, was able, at that time, to fill a void, in theShow MoreRelatedThe Current Business Environment Affecting The Industry1222 Words   |  5 PagesSECTION TWO: Analysis of the Current Business Environment affecting the industry CHOOSEN SBU OF YAMAHA MORORS UK: ROAD MOTORCYCLE Macro Environment: PESTEL Frame Work: PESTEL framework is a tool used to analyses the external environment of the business in order to understand the big picture in which the organisation operates. Thus, enabling them to take advantage of the opportunities also it minimizes the threat faced by the business activities(Johnson, Whittington et al. 2011) . The limitationRead MoreThe Long Term Effectiveness Of A Firm Essay829 Words   |  4 Pagesenvironmental analysis on the business industry that one firm belongs to. Environmental factors control and guide firm’s trajectory. The company needs to adapt its strategies based on these external forces to maintain core of the competitive advantage. The industry in which a company operates it can be analyzed through the process of PESTEL Framework and Porter’s five forces model of competition. When the external factors affecting the company are known, a strategic grouping of the industry, opportunitiesRead MorePestel, Porter s 5 Forces, And Swot Analysis1459 Words   |  6 Pagesthe organisation in the market, a situational analysis is conducted on the firm, describing its market and strategic strongholds, as well as weaknesses. 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The PESTEL framework: Political factors:  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The federal tax credit was summed up to 7,500$ for what is called qualified plug-in electric drive vehicles.  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The U.S. government imposed taxes and at the same time boosted in investment by supporting it through the $1.3 billion invested in the hydrogen powered research.  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The government also imposes regulations which might form/deform the shape of the industry thus affecting it negatively positively.    Economic factors: Read More A Strategic Analysis of Toyota Motor Corporation Essay2465 Words   |  10 Pages A Strategic Analysis of Toyota Motor Corporation Industry: Automotive Industry CONTENTS ABOUT TOYOTA MOTOR CORPORATION PAGE 3 EXTERNAL STRATEGIC ANALYSIS:- PESTEL PORTER’S FIVE FORCE ANALYSIS COMPETITIVE ANALYSIS PAGE 3, 4, 5 AND 6 INTERNAL STRATEGIC ANALYSIS:- SWOT ANALYSIS PORTER’S VALUE CHAIN ANALYSIS PAGE 6, 7 AND 8 STRATEGY FORMULATION:- PORTER’S GENERIC OPTION ANALYSIS ANSOFF MATRIX ANALYSIS PAGE 8,9 AND 10 RECOMMENDATIONSRead MoreToyota Motor Corporate : Japan Essay975 Words   |  4 PagesIntroduction Toyota motor corporate is Japanese Automation Company which manufactures car, bike trucks .Head quarter is located in Toyota, Aichi Japan. 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Homeless Women with Mental Illness-Free-Samples for Students

Question: Discuss about Homeless Women with Mental Illness. Answer: Introduction: The chosen article is written by Dr. Dennis P. Culhane, who is the Andrew stone and Dana of Social Policy in Penns School of Social Policy and Practice. He is also the director of the research of the National Center on Homelessness at the United States Veteran Affairs Department. Being the director of the organization dealing with the homelessness of the people in United States of America, he put effort to write many articles on the subject of homelessness. He is well suited for writing the chosen article because being attached to the research on the homelessness and assisted housing policy for the homeless people he has observed various negative aspects of the homelessness of the people and the plight form the same. The article was polished in the year 1992 in Pennsylvania, United States of America (Culhane, 1992). Purpose: The purpose of the article is to provide an idea of the model program that for the homeless women with mental illness. The article aims to states that the successful programs for the homeless women with mental illness must the comprehensive in scope as well as highly responsive to the perspectives of the homeless people. The article provides a wider idea to the readers about the necessity of the housing programs for mentally sick women. On the other hand, the discourse also sheds lights on the recovering of the mental illness of the homeless women. Along with this, the article presents the ratio of the women who have been recovered their mental illness to certain extent as well as the ratio of women who returned to the streets but continued to receive the outreach service. In short the article is the presentation of the housing program for the homeless women with mental sickness and also the implication for such programs for serving these women. Statement of the Problem: The article being a discussion on the homelessness of the people in Philadelphia is presents the research on the topic which regards to the homeless women with mental disorders. The issue that has been presented in the article is the failure of the initiatives for ending homelessness of the people with severe illness (Hwang et al., 2012). The major factors that had been identified by the article are the limited resources, lack of coordination in the proposed service, low utilization of the traditional community mental health service and the disagreements between the homeless people and mental health professionals. The article marks these factors to be the major forces that are pulling back the initiatives to end the homelessness of the people. Summary of Results: From the comprehensive approach of one of the program called Women of Hope has helped women from the streets as well as from the homeless communities to have shelters pf the their own along with the treatments for the mental illness. The result shows that among the women who had been served by the Women of Hope, approximately 38% of women had had previous stays in hospitals, 37% had had no such previous stays and the 26% had no specific information about their previous residence (Culhane, 1992). It is found that all of the women had lived on streets for 4.5 years on average. The result also presents the data that all the women who had been served are within the age group of 50 to 70. However, after a certain period of time, the majority, 73.2% of the women do not anymore live on the streets whereas, the remaining 14.1% returned to the streets. To make the program more successful in order to hold all the women from returning to streets, the initiatives must be more effective. The result implies that there is the need for intervening the solutions for ending the homelessness of the women with mental sickness. However, the limitations that are pulling back the organization to successfully and effectively implement the service for ending the homelessness (Aubry, Nelson Tsemberis, 2015). Analysis: It is evident from the research article on the homelessness of the women in Philadelphia that proper initiatives and support is capable of eliminating the homelessness from the society. The focus of the article was on the women with mental illness, which presents various factors that are obligating the initiatives of Women of Hope to provide a successful and effective result in removing the homelessness of the women with mental disorder of the people. The mentally ill people are often aggressive, resistant and noncompliant (Montgomery, Metraux Culhane, 2013). The research and discussion in the article presents that even these people can be benefitted from the innovative housing and medical service program like Women of Hope. However, there are some questions that have emerged from the article. In other words, the assumptions from the discussion raises some questions that are important in the regard to the ending of homelessness of the people. The question which is most important is about the health. As the title and the abstract of the article refers to the ending of homelessness of the women with mental disorder, it is found that the article does not focus equally on the later one. The two variables of the research are the homelessness and mental disorder. However, the article is more focused on the homelessness and less on mental illness. The mental illness of the women must be addressed at the highest priority along with the homelessness. Conclusion: Therefore, it must be concluded from the above discourse that the proper initiatives and programs is capable of eliminating the hopelessness from the society. The comprehensive approach of the Women of Hope for serving the mental illness requires more systematic and structural change in their activities such as the emergency shelters (Culhane, 1992). It can be assumed from the analysis of the article that the Women of Hope must take cost effective initiatives which will make it more comprehensive and effective in their approaches for serving the homeless people. At the same time, the further research in this regard should considers the effectiveness of the various housing programs and support service over time (Patterson, Somers Moniruzzaman, 2012) References: Aubry, T., Nelson, G., Tsemberis, S. (2015). Housing first for people with severe mental illness who are homeless: A review of the research and findings from the at HomeChez soi Demonstration Project.The Canadian Journal of Psychiatry,60(11), 467-474. Culhane, D. P. (1992). Ending homelessness among women with severe mental illness: A model program from Philadelphia.Psychosocial Rehabilitation Journal,16(1), 63. Hwang, S. W., Stergiopoulos, V., OCampo, P., Gozdzik, A. (2012). Ending homelessness among people with mental illness: the At Home/Chez Soi randomized trial of a Housing First intervention in Toronto.BMC public health,12(1), 787. Montgomery, A. E., Metraux, S., Culhane, D. (2013). Rethinking homelessness prevention among persons with serious mental illness.Social Issues and Policy Review,7(1), 58-82. Patterson, M. L., Somers, J. M., Moniruzzaman, A. (2012). Prolonged and persistent homelessness: multivariable analyses in a cohort experiencing current homelessness and mental illness in Vancouver, British Columbia.Mental Health and Substance Use,5(2), 85-101.