Write a report: 1. Discussing whether or not the following two concepts are different - "Human resource Management" and "Human Capital Management". 2. Using the Human Capital Theory, justify why the organisation bother with the latter? Provide referrences.
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Write a report:
1. Discussing whether or not the following two concepts are different - "Human resource Management" and "Human Capital Management".
2. Using the Human Capital Theory, justify why the organisation bother with the latter?
Provide referrences.
Step by step
Solved in 5 steps
- Identify Mazoon Electricity in Oman and write a brief note in 200 words about this organization. 2. Find out the details of salary and benefits given by the company to any staff member of their HR department. No plagiarism and with proper referencesEffective performance management is essential to businesses. Through both formaland informal processes, it helps them align their employees, resources, and systemsto meet their strategic objectives.(a) Distinguish between performance management with performanceappraisal.(b) Explain performance appraisal process.(c) Discuss FIVE (5) elements that could influence the construct of directfinancial compensation in organization.28 - Which of the following is not one of the features that distinguish human resource management approach from personnel management? a) long term B) business oriented NS) Innovator D) self control TO) proactive
- (ii) Critically evaluate the extent to which strategic human resource planning represents the vital connecting link between organisational strategy and strategic human resource management practices.2) “Performance appraisals are important in an organization” Justify the statement.In the opinion of Jucius- Human resource refers to a whole consisting of interrelated, inter- department and interacting physiological, sociological andethical components. Again he explain that “Human resource management maybe defined as that field of management which has to do with planning,organizing and controlling the functions of procuring, developing, maintainingand utilizing a labor force. Discuss and conclude at least on three of the basicobjectives of human resource management effectiveness.
- Critically evaluate the importance of Compensation to the achievement of selectedorganisational goals. b. Examine the link between compensation objectives and the role of compensation inattracting, motivating, and retaining a high-quality workforce in the selected organization.c. Examine the importance of salary survey in enhancing compensation system and gainingcompetitive advantage.Briefly .. Explain the concept of strategic workforce planning and its integration with the overall organizational strategy.1. Discuss the nature of employee relations in SMEs. (support your discussion with clear examples) 2. Discussion of the main differences between SMEs’ and large organisations’ employment relationship management practices
- Explain THREE (3) methods of performance appraisal that a a large conglomerate uses during the Performance Appraisal process 2.Highlight THREE (3) challenges that often plague Performance Management Systems and discuss how each challenge may be overcomed 3.State the difference between Performance Management and Performance appraisala) Is right about the need to evaluate the workers formally? b) Develop a performance appraisal method for the workers and managers in each store? (describe in details)Can you be specific on "The strategic role of HRM is more than just personnel management. It also involves combining personnel with the aims and objectives of the company"?