Strategic Management of Human Resources Essay Example | Topics and Well Written Essays - 3500 words

Strategic Management of Human Resources - Essay Example On the other hand many enlightened businesses undertook the same to provide an enhanced experience to their employees which in turn greatly added their contribution to the organisation. The next level of change in the role and functions of personnel departments occurred with automation. Thus computerisation of functions such as pay roll and record keeping relieved personnel managers to focus on larger issues enhancing their contribution to strategic value addition to the organization as a whole. Personnel departments are also becoming more aware of the roles and responsibilities of line managers so that there is greater integration between the two for attaining strategic value. The delivery of greater quality of services by personnel departments is thus providing impetus to development in other functions of management. Personnel departments thus increasingly came to be seen not as boundary managers but value builders The traditional role of the personnel department has been seen as recruitment, defining job roles, training, structuring of pay and allowances, measuring performance and finally relieve those who are not performing satisfactorily. In many organisations these were also dealing with labour relations. However over the years, this role has been enlarged within the scope of general functions stated above to include induction of the best talent, providing effective training as per needs of the organization, designing and measuring job roles and performance, compensation management to include not just remuneration but also employee stock options based on performance and as a form of incentive and providing feedback to the management on the state of human resources in the organisation. During this stage, the term, human resources manager was being increasingly used in the management lexicon to represent the functions carried out by personnel managers. (Bersin, 2006) Induction of information technology into management and personnel functions had a lasting impact on its role and functions. Information technology systems automated routine and repetitive tasks which were so far engaging personnel managers such as pay rolls, performance reporting and incentive management. (Bersin, 2006). Systems such as recruitment and application tracking, total compensation packages build around cost to company, e learning and organizational development resulted in freeing the human resources manager to focus his attention on achieving key organizational goals by becoming a business partner in strategy implementation. Thus gradually personnel departments provided critical inputs for organizational growth. The emergence of the information and knowledge economy has also provided a critical role to personnel departments in what is being called as talent management. (Bersin, 2006). This implies personnel strategies which can identify best talent critical to organizational growth, retain and motivate it. The various strategies used for this purpose include management of competencies, measurement of performance, aligning these with the compensation package; assess overall contribution to the organization and so on. The overall aim is to limit job hopping, a trend

Describe the contribution Charles Darwin, August Weismann, Gregor Essay

Describe the contribution Charles Darwin, August Weismann, Gregor Mendel and Frances Crick have made to the study of genetics - Essay Example This theory proposed that all the life on planet Earth, human or non-human is interrelated and has roots to a common ancestor. This means that the life indeed has evolved from non-life i.e. the simple creatures led to the evolvement of complex creatures over time. This all was possible because random genetic mutations were taking place in the genetic code of the living organism. So every complex organism, for instance, the human being, was formed after several successful modifications and mutations took place in the earlier generations. By the natural selection process, the dominant traits would be preserved and carried forwarded to the future generations. As the dominant traits were the beneficial ones they would be transferred ahead, where as the recessive traits would be the non-beneficial ones and they would fail to transfer to the next generation. With this transference of beneficial mutations, the preservation of the functional advantages is there in the offspring. The idea was that such a mechanism existed where any changes in the external stimuli would lead to a change in the external organ and external tissues. This would be further transferred on to the reproductive organs consequently affecting the offspring. Further, the process of natural selection, as proposed by Darwin is a gradual and time-consuming process, which never takes any quantum lea ps. (Darwin, Glick & Kohn 1996) So today, our biological development can be understood by understanding Darwin’s theory. In Darwin’s time, the genetic mutations were just a philosophy. His ideas led to further research which helped the scientists understand that biological development does involve structural changes in the chromosomes. Then August Weismann was a German biologist whose work led him to be one of the pioneers in the study of genetics. Weismann‘s major work revolved around embryonic and postembryonic development of insects. His work was greatly

Gay Marriages Essay -- Same Sex Marriage Essays

In today’s society there are many factors that contribute to the ever-continuing social inequality of people through out Canada. It is no wonder as to why there are so many stereotypes of what is socially ‘acceptable’ and what isn’t when the media is forcing these ‘norms’ into our minds. What is ‘ideal’ with in today’s expectations isn’t always attainable due the fact that everyone is different. One of the most controversial topics being discussed today is view on same sex marriage. This notorious topic is nothing new, however, there is an ongoing debate as to whether or not make it legal for couples of the same sex to engage in a marital status. Although the bond between two homosexuals is ‘different’ from two heterosexuals, the idea is the same: a union between two people. This is just one of the ways in which society is continuously participating in the failure to establish equality.   Ã‚  Ã‚  Ã‚  Ã‚  Gay and lesbian activist are hoping for legalized same-sex marriages so that both of the partners can receive federal benefits as those of heterosexuals with in their marriage. As of right now, homosexual couples do no receive social security. According to Hector Vargas â€Å"Separate is not equal and same-sex couples deserve the same as heterosexual couples†. Many people fear that if same sex couples are granted the same rights to unite under the term â€Å"marriage† there will be nothing distinguishing the difference between the two marriages and for many, there is a hu... Gay Marriages Essay -- Same Sex Marriage Essays In today’s society there are many factors that contribute to the ever-continuing social inequality of people through out Canada. It is no wonder as to why there are so many stereotypes of what is socially ‘acceptable’ and what isn’t when the media is forcing these ‘norms’ into our minds. What is ‘ideal’ with in today’s expectations isn’t always attainable due the fact that everyone is different. One of the most controversial topics being discussed today is view on same sex marriage. This notorious topic is nothing new, however, there is an ongoing debate as to whether or not make it legal for couples of the same sex to engage in a marital status. Although the bond between two homosexuals is ‘different’ from two heterosexuals, the idea is the same: a union between two people. This is just one of the ways in which society is continuously participating in the failure to establish equality.   Ã‚  Ã‚  Ã‚  Ã‚  Gay and lesbian activist are hoping for legalized same-sex marriages so that both of the partners can receive federal benefits as those of heterosexuals with in their marriage. As of right now, homosexual couples do no receive social security. According to Hector Vargas â€Å"Separate is not equal and same-sex couples deserve the same as heterosexual couples†. Many people fear that if same sex couples are granted the same rights to unite under the term â€Å"marriage† there will be nothing distinguishing the difference between the two marriages and for many, there is a hu...

Ford Motor Company and Ambition

Dusty Bowles Mrs. Farmer English 102 10 September 2010 Ambitions As I started out to write a paper based on ambition I had to question myself what ambition really was. What makes people get that extra push to be ambitious, and what are the advantages and disadvantages of being an ambitious person? At first, I must admit it was very difficult to comprehend. In the American Heritage dictionary it states that ambition comes from the Middle English word â€Å"ambicioun,† meaning â€Å"excessive desire for honor, power, or wealth. † After reading this meaning I understood what was stated, but it still did not make a clear meaning to me what ambition was.I have found that after reading a quote by Henry Ford my understanding started to all come together. Henry Ford once quoted, â€Å"Whether you think you can or can’t, you’re right. † This quote in itself explains to me that it is a self motivated decision made by one individual. It is ambition that makes us think we can be successful, and lack of ambition that makes us think that we cannot. Many people have different ambitions in life so the word ambition would have different meanings depending on which you ask and how one defines it.An ambition is an eager, and sometimes an inordinate desire for honor, superiority, leading power, or the attainment to seek a goal that is immensely desired. Ambition is something that anyone, no matter his or her age or cultural background has instinctively. Ambition can push towards a driven force for success or in altering views a road to failure. Without an ambition we, human beings, have no purpose to be self driven individuals. Ambition in other words is that motive force needed to propel all to work towards our cherished goals in which we set.Ambition is the explosive inner force that has led many people from all walks of life to make a new path, set a new vision. Ambitious people are those with the hopes of one day conquering their ambition. Am bitious people are confident and because of this, they feel there is nothing that they cannot accomplish. There are many people from many different parts of life that have had ambitions and accomplished them. For example, Donald Trump is someone I admire and is a very ambitious person in my book. Trump is listed as number 33 on the Forbes Top 100 list. Trump did not start out as successful as he is today.Back in Trump’s prime he set ambitions to achieve for what today we call his success. Trump started out going to school and got a degree in â€Å"Bachelor of Science in Economics with concentration in Finance. † School was just the start of Trumps ambitions to learn more, today he is a very successful business executive and entrepreneur. Donald Trump is someone that I respect and gives me that extra push when reading his autobiography. Being able to know that ambitions all start out as a dream until someone makes them a reality makes the possibilities endless. Ambition s can be as easy as a thought away from what the actual turnout can be.To me ambition is a burning desire to achieve ones goals or succeed. Ambition in my theory is related to dedication, motivation, and time. At my age, twenty years young I have many ambitions to achieve in a set period of time. For starters my education, I would like to complete my Bachelors in Marketing with a minor in Finance within the next four years. Time motivates me to achieve my ambitions because I strive to be well accomplished by the age of twenty-five. Ambitions are a big part of my young adult life because I would like to accomplish a lot of things before I get older.Without ambition I cannot achieve a greater milestone in my walk. Everyone has a chance to tell you their own personal story based on their walk. Without ambitions one cannot achieve a greater tomorrow. Understanding the limitations and compromises that come with obtaining any ambition is overwhelming. Putting forth and obtaining an ambiti on is self constructed. With hard work, experience, and overall self control, ambitions are not too far out of reach for any person to grasp. Any one person can achieve their ambitions if they set their mind to it and that gives me the reassurance that I can make it.Depending on whom you ask lets us knows the trials and tribulations one goes through while accomplishing their ambitions. After reading Donald Trumps story and the simple quote by Henry Ford that turned the light bulb in my head on, my understating of ambitions became clear. Ambitions can all be the same or they can all be different. Everyone has their own ambition and how to accomplish them. If one has ambition, one can achieve any goal.Works Cited â€Å"Ambition | Define Ambition at Dictionary. com. †Ã‚  Dictionary. com | Find the Meanings and Definitions of Words at Dictionary. om. Web. 10 Sept. 2010. . â€Å"Donald Trump: Biography from Answers. com. †Ã‚  Answers. com: Wiki Q&A Combined with Free Online Dictionary, Thesaurus, and Encyclopedias. Web. 10 Sept. 2010. . â€Å"#33 Donald Trump – Forbes. com. †Ã‚  Forbes. com – Business News, Financial News, Stock Market Analysis, Technology & Global Headline News. Web. 10 Sept. 2010. . Google, By. â€Å"†Whether You Think You Can or Can't, You're Right†Ã¢â‚¬â€œHenry Ford |Strategic Business Lawyer. †Ã‚  Small Business Advice from the Champions of Small Business. 23 Jan. 2006. Web. 10 Sept. 2010. .

Anatomy of a Leaf, Use These Leaf Parts to Identify a Tree

Study On Islamic Banking And Leasing Finance Essay - Free Essay Example

Sample details Pages: 5 Words: 1546 Downloads: 4 Date added: 2017/06/26 Category Finance Essay Type Research paper Did you like this example? Modern Islamic-finance is a rapidly increasing subsector of global finance markets. To appropriately comprehend it, we firstly understand the rules of trade and finance are part of religion on which Muslims demeanour their lives and order their finances and business. Even though no convincing data are yet on hand, a fact reflective of the industrys adolescence many observers guess the international industry has up to $500 billion in managed assets and a growth rate of 15 percent to 20 percent per year. Don’t waste time! Our writers will create an original "Study On Islamic Banking And Leasing Finance Essay" essay for you Create order Some also argue that between two to three hundred institutions at present contributes towards industry internationally. (Umar F. Moghul, Esq, 2006) In banking system, Islamic banking is a system which is steady with Islamic Shariah Law bases and guided by Islamic economics. In general, Islamic law forbids the gathering and payment of interest (Riba in Islam). Generally, it also forbids dealing in fiscal risk like in gambling. It also forbids investment in businesses considered Haram like investing in pork, tobacco, alcohol. Islam has prohibited interest based financing and has really strict regulations against. There are so many Hadiths are to restrict Riba and ask muslims not to invest or get involve where interest is involved. Holy Prophet Muhammad (SAW) prohibit Riba, The Prophet Muhammad (SAW), said: A dirham of riba which a man receives knowingly is worse than committing adultery thirty-six times. Bayhaqi has also reported the above hadith in Shuab al-iman with the a ddition that Hell befits him whose flesh has been nourished by the unlawful. (Mishkat al-Masabih, Kitab al-Buyu, Bab al-riba, on the authority of Ahmad and Daraqutni). Islam banking system has introduced different contract to avoid the illegal interest and all of them has their importance according to the type of the business. In the current age leasing is every common in the banking system it is beneficial for the people as they pay the large amount in small but against this facilities bank charge extra interest which makes it totally illegal on the bases of Islam. What is the meaning of Ijarah (LEASING)? In general leasing means a contract or an agreement between two parties where one party rent his property to another on a rental bases. In Islam this type is known as Ijarah which is commonly been adopted buy most of the banks to offer their muslims client the benefit of Riba free financing. Ijarah is a term of Islamic Fiqh. Literally, it means To give something on rent The term Ijarah is used in two situations: It means To employ the services of a person on wages Another type of Ijarah relates to paying rent for use of an asset or property. Types of leasing: There are two common types Operating Lease: An operating lease is based on a rental agreement with three distinguishing description The price of an asset is not fully amortized over the rented timeframe. The Owner provides maintenance of the Asset. The asset is usually returned to the Owner. Therefore, the renter has the benefit of securing an asset, consuming it for his advantage and returning the same when it has served its purpose. Financial Lease: A Finance Lease is in core alike to a loan because significantly all risks and rewards connected to the leased assets pass on to the lessee. It is primarily distinguished by The asset being fully amortized over the lease period. The lessee is responsible for maintenance costs. The owner-ship is generally transferred to the renter at the end of the lease contract. In this respect, the association of the proprietor is restricted to financier. The main objective is to launch a product on the bases of Islamic Finance for the car distributors to sell their existing stock on the interest free car financing, after an extensive survey we have come to know that Islamic financing is growing in the world. Al-Noor Car Ijarah product: Al-Noor Car Ijarah is to provide a one step shop for innovative value added Shariah Compliant car leasing for the muslims as well as the non Muslims customers. Al-Noor Car Ijarah will be a car financing Product based on the principle of the Ijarah and it is interest free. This product will be ideal for the distributors who want to sell their existing Car stock on the Islamic bases and keep their profit Halal and it is ideal for those customers who are looking for an Auto-financing while evading an interest-based dealings. Al-Noor Car Ijarah will be a leasing agreement under which the car distributor rents it cars to the customers for the timeframe of 2 to 5 years, decided at the time of a contract. The customer will gets the owner-ship of the car at the end of the agreement period against it initial deposit. General Mechanism of Al-Noor Car Ijarah Ijarah is an Islamic Contract based on assets in which owner should have ownership of the asset throughout the timeframe of an agreement. According to the Islamic Shariah Law, owner has the ownership rights and its liabilities and all the user related rights and the liabilities remain with the user of the asset. A normal lease agreement does not differentiate the natures of such liabilities and put all types of liabilities on the renter, conflicting to Islamic Shariah. According to Ijarah contract all ownership related risks remains with the car distributor and all using related risks remain with the user of an asset, by making the leasing party the proper owner of the asset till the end of the contract and income coming from this contract became Halal (Permissible) for the car distributors. Key Features of Al-Noor Car Ijarah for New Cars: Ease of acquiring any new car available with the distributor No upfront Insurance Payment Required. No advance Rental Need. Available in tenures of 3, 4 and 5 years Plan. Minimum security deposit as low as 10% 15%. Maximum security deposits are 50%. Rentals are Monthly is Arrears after delivery. Agreement can be based on new and used cars. Key Features of Al-Noor Car Ijarah for Used Cars: The second hand car selected should be from its first owner. The vehicle should not be older than 4 years. The minimum security deposit for a vehicle up to 2.5 years of age is 10%, while minimum security deposit for a vehicle over 2 years of age is 20%. On termination of the Ijarah contract, the car should not be more than 7 years old. This means that if a car is 5 years old, the Car Ijarah tenure is not more than 3 years and if its 4 years old, the tenure may be set for a maximum 4 year term. Al-Noor Car Ijarah VS Conventional Leasing Features: Features Al-Noor Car Ijarah Conventional Leasing Ownership and Risk In Al-Noor Car Ijarah asset remain in the ownership of the bank throughout transaction tenor. Risk and rewards of ownership lie with the owner i.e any loss to the asset beyond the control of the lessee should be borne by the lessee. Although ownership remains with the lessor, but all risks of ownership are parked with the lessee as well. This is not permissible as per rules of the Ijarah. Rentals The rental amount decided at the time of the agreement cannot fluctuate unilaterally at the sole discretion of the bank. The bank can on its sole discretion increase transaction rates and rentals. Expenses Distributor / Lessee All expenses related to the ownership of the asset i.e insurance, accidental damage, will be borne by the lessor. Lessor All actual operating/ overhead expenses related to running the asset will be borne by the lessor. All expenses relating to the corpus (ownership) of the asset i.e insurance, accidental repairs, actual operating / overhead charges are borne by the lessee. Late Payment Charges In Al-Noor car Ijarah, lessee may be asked to promise that if he fails to pay rent on its due date, he will pay certain amount to a charity account. This amount cannot be taken in Banks income and its nature is of charity not of Riba. Charity is charged only to discipline the customers. An extra monetary amount is charged if rent payment is not paid on time and is taken in the income of the institute. This extra amount is Riba and is haram. Asset Theft/ Damage In case of asset theft / or severe damage (that it becomes unusable) rentals are stopped because rentals are obtained only for the use of the asset. Monthly payments are not stopped in any case of theft or severe damage to the asset. Rentals / Monthly Payments Rentals start after one month delivery of an asset. Monthly payments start from the booking of an asset irrespective of the condition that the asset is delivered to the customer or not. Upfront Payments Customer is only required to pay a Security deposit in a range of 15-50% along with actual documentation and processing cost. There are no other upfront payments. Upfront payments generally consist of: Down payment ranging from 10 15% min. Registration charges 1st year insurance premium 1st monthly rental 1st instalment of 2nd year insurance At the end Upon completion of the ijarah tenor, the customer can purchase the car from Car distributor via separate Sale deed or can return the car to the bank and take back his security deposit. The vehicle is automatically transferred in the name of the customer as per part of the contract.

The Teachings Of Confucius, A Fair And Balanced Feminist...

There is much to be gained from studying the teachings of Confucius, but a fair and balanced feminist interpretation is not one of them. Confucious covers a large variety of topics in his anelects. These writings go deep into the nuances of life, but somehow he fails to mention women in any meaningful way. If mentioned they are as a distraction to followers or of little importance. This imbalance in the treatment of women and men is embedded throughout the Analects. In the teachings of Confucius, the ideals he encourages such as devotion, and respect are represented in men and show them as loyal followers of the Way. However, in the writings of Lady Hyegyeong, these same traits that she exemplifies do not garner her respect. Instead she is seen as passive and lesser than the men that surround her. A feminist reading of confucius would be irresponsible because it encourages an imbalanced power dynamic, placing men above women. Confucius lays out a wide and diverse system of values and ideals to uphold in the Analects. Mainstays of this system include the importance of devotion and loyalty to the vital people in one’s life. In this Confucian anelect, this kind of commitment is introduced â€Å"The gentlemen applies himself to the roots. ‘Once the roots are firmly established, the Way will grow.’ Might we not say that filial piety and respect for elders constitute the root of Goodness† (1.3). Here it is established that devotion and respect are pillars for the â€Å"perfect