Monday, June 17, 2019
Managing and understanding organisations Essay Example | Topics and Well Written Essays - 3000 words
Managing and understanding organisations - Essay Example4). All people link aspects and functions performed in any organization, regardless of the size of the organization and regardless of the fact that who is performing them, come under the umbrella of human resource management. From job depth psychology to planning for labour needs, from recruitment to selecting, from orienting employees to training the, from conducting performance appraisals to deciding on wages and salaries, from every last(predicate)ocating benefits and perks to building employee commitment and motivation, human resource management deals with all of them. Companies may have various assets that make things possible but these are the people in the company that make things happen (Legge, pp. 63-64, 2005). According to its definition, organisational behaviour is the doctrinal study and knowledge about process of understanding, prediction, and management of human behaviour in organizations and workplace setting. Important here to note is that organizational behaviour in itself is an interdisciplinary field, which converges topics from management, human resource management, psychology, sociology, and communications. ... R&D development dollars have nothing to with the level of innovation that any company would be able to compass but innovation depends entirely on the people, their talent, and their leadership (Mathis & Jackson, pp. 354-356, 2010). Discussion A. Resourcing an Organisation Small and Medium sized Enterprises have various distinct advantages over the spacious businesses and in this digital era, these advantages have further amplified. More control, greater freedom, quick feedback, and former(a)s are few advantages. However, as SMEs enter into their growth phase, they encounter various problems that are primarily related to their lack of knowledge about human resource management. Most SMEs have one person managing all human, financial, production, supply chain, distribution, a dministrative and other aspects of business (Torrington, Hall & Taylor, pp. 98-99, 2008). Not only there is no expert person to deal with human resource issues but also at the homogeneous time, the owner finds himself or herself with little or no time to address them or even if he or she does, it becomes difficult to do justice with those issues in relation with time and effort. In fact, almost 65 percent of the small businesses fail during the first three years of operation and one important flat coat behind the same is poor human resource management. In addition, this is one factor where wide companies have inherent advantage. Internet has taken away many another(prenominal) of the advantages related to size, geographical reach, scope, economies of scale, communication and others present to large business over SMEs but this is one advantage, even competitive advantage for some firms, that remains with large business despite the revolution of this digital age. Large firms are m ore likely to have an established separate department to
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