Human resource departments typically conduct activities designed to train and develop the organization’s personnel, whether to deal with performance problems or help prepare an employee for a management role. In addition to formal training courses (such as instructor-led sessions, web-based training and seminars), organizations should be mindful to offer flexible alternatives such as coaching, mentoring and job-rotation experiences. Developing employee aptitude involves managing programs such as employee orientation sessions, policy and procedure awareness sessions, leadership [...]

The Total product concept refers to the bundle of services offered by a product/service.  As an example for fitness equipment total product can be explained can be explained as all the benefits customers receive by using the product, from good health to the psychological feeling associated with using the product to the time saved by purchasing the good online to the after sales services provided by the manufacturer. Total product concept is used by the [...]

There are many definitions of communication. Out of which the most widely accepted being, By Eric Moonman, The Manager and The Organization. “Communication is the activity whereby an individual or group conveys, consciously or unconsciously information to another individual or group and, where necessary, evokes a response. The information transferred maybe facts, feelings, or ideas.” Communication might be usefully defined as the process by means which meanings are exchanged between people through the use of [...]

Selection is the process of interviewing and evaluating candidates for a specific job and selecting the most suitable individual for employment based on certain criteria. Employee selection can range from a very simple process to a very complicated process depending on the firm hiring and the position and nature of the job. Certain employment laws such as anti-discrimination laws must be obeyed during employee selection. Selection Methods Once the applicant pool has been narrowed and [...]

Externalities can be defied as a cost or a benefit that arises from an economic transaction and that falls on people who don’t participate in that transaction. In other words, externalities are outcomes of a transaction that fall on third parties who are not parties to the transaction. Is an example passive smoking is an externality which causes as a result of smoking and it affects non smokers who are not a party to the [...]

Often one of a company’s most expensive assets is its human capital, the human resources of the organization. The management of your human resources focuses on: Recruitment and selection of employees who can succeed at their jobs and who will stay with your organization, and Making sure that employee abilities are optimally nurtured and developed so that the company can receive an optimal return on the investment made in these employees. Considering the globalization of [...]