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Importance of Ethics in Business

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  Importance of Ethics in Business   “Ethics is knowing the difference between what you have a right to do and what is right to do”                                              -Potter Stewart-   Business Ethics and Individual Behavior Ethics is often usually abstract or relative to people who believe that rules don’t apply to them. Rules and laws apply to all, as do standards of right and wrong behavior. Each individual's actions among the company affect both the individual and the organization.   It helps the whole organization when an employee commits ethically and responsibly. Leaders set the tone for ethics in their organizations.   Unfortunately that some employees in the higher layers of the organization decide to act unethically, but it is a fact of business and also life. Because of that, it is necessary for ...

Meet Employee Expectations after Pandemic

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Meet Employee Expectations after Pandemic   Employers and employees each have legal rights, responsibilities, and expectations. Workplace expectations after pandemic have seen a big difference. Employees are more empowered, had to become more autonomous and self-directed. Most of them want more flexibility in their careers, and the demand for an enhanced workplace experience continues to intensify. “Security of employment, good working conditions, a healthy and safe work environment” (Armstrong, 2017)   Pandemic has supplied organizations with an opportunity to modify and renovate old operating methods and introduce new working methods which may not otherwise have been possible. It will be a huge challenge, meeting and even exceeding employee expectations in the months ahead. Those organizations that differentiate themselves from competitors will be the ones that provide employees with access to the right technologies and platforms to enable them to do their work mor...

Job Design

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Job Design   " Job Design is the process of deciding on the contents of a job in terms of its duties and responsibilities, on the methods to be used in carrying out the job, in terms of techniques, systems and procedures, and on the relationships that colleagues." Michael Armstrong, (2014, p.145) What is Job Design? Job design is a set of processes to job analyze the roles and responsibilities that are core to the job, it helps to figure out what qualities, skills, and other requirements are needed to perform the given job by the organization.   The process of Job Design:   Importance of Job Design It is very important, the process which makes sure that the job remains updated and is relevant to the employee. To reduce dissatisfaction is the main objective which comes while doing the job daily. It can lead to the employee leaving the organization and causing issues for the company. The primary responsibility of job design is regularly updating the ...

Hard and Soft HRM approach

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Hard and Soft HRM approach   Human Resource Management is a strategic approach to the acquisition, motivation, development, and management of your business’s HR efforts.  HRM divided into three areas: 1.       Individual  Assisting staff with developing within your business.  2.       Organizational  Generating a successful system across your business.  3.       Career When matching individuals with the right roles and career paths throughout your organization can also take a hard or soft HRM approach.   What is hard and soft HRM? There are different types of approaches to managing your employees with HR, hard HRM focuses on more traditional business outlooks, while soft has a progressive outlook.   Hard HRM : The focus here is to identify workforce needs so you can recruit and manage as you need to (including hiring staff, or making others red...

The Digital Transformation of Human Resources

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The Digital Transformation of Human Resources “When digital transformation is done right, it’s like a caterpillar turning into a butterfly, but when done wrong, all you have is a really fast caterpillar.” – George Westerman   Digital transformation is the change businesses are going through to be able to use technology to solve problems. It has touched every aspect of your life.  ü   How the transformation of the Human Resources department affected employees? ü   Behind the scenes, HR has all of their data digitized, but what does this look like for the average staffer? The impact of the above begins with the job search. We don’t want to send in a paper resume anymore send it via email or enter your data directly into an applicant tracking system. You may have an "interview" with  a chatbot that uses artificial intelligence to ask  you basic questions. For example The Brookings Institute, HR revue’s AI attempts to predict a candid...

The role of Mission Vision and Value

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  The role of Mission Vision and Value     Both Vision and Mission are related to an organization’s purpose and communicated in some written form. They are statements from the organization and that answer questions about who we are, what do we value, and where we’re going. According to the consulting firm Bain and Company reports, that 90% of the 500 firms surveyed issue some form of mission and vision statements. (Bart & Baetz, 1998). The organization with clearly communicated, widely understood, and collectively shared mission and vision have been shown to perform better than those without them, with the caveat that they related to effectiveness only when strategy and goals and objectives were aligned with them as well (Bart, et. al., 2001). Mission Statements communicate the organization’s reason for being, and how it aims to serve its key stakeholders. Customers, employees, and investors are the stakeholders most often emphasized, but other stakeholders...

The Benefits of a Learning Organization Culture

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  The Benefits of a Learning Organization Culture 1.     What is a Learning Organization Culture A learning organization culture is a corporate framework in which employees are not only allowed to continue expanding their knowledge, skills, and opportunities to innovate, but encouraged to do so. According to the Peter Senege learning organization culture includes five dimensions. They are: Systems thinking     Personal mastery   Mental models   Building a shared vision   Team learning             2.     How Does a Learning Organization Work?   Peter Senge explains that this framework creates an environment where “new and expansive patterns of thinking are nurtured, where collective aspiration is set free, and where people are continually learning how to learn together.”  The above culture is not only beneficial to your employees. It can help significantly im...