Strategic Compensation Strategic Management - 980 Words

Strategic Compensation Strategic compensation is a component of successful strategic management in any competitive oriented organization. It refers to any payments made in cash or arranged benefits to an organizations employees. Unlike strategic decisions and plans which are undertaken by the top management, strategic compensation is a reserve of the human resource department. This is the department that deals with the deployment, training and payment of the labour force. The department undertakes all the necessary steps involved in coming up with the compensation plan and presents it to top management for approval and a go ahead(Larkinet al, 2012).. Like every other strategy, to come up with the best strategic compensation plan requires putting together a number of factors. The plan must be in line with the company’s overall organizations business strategy and it should aim at helping accomplish it. Secondly, it should put the company in its best position while it comes to competing with other orga nizations for the best persons in the labour market. Thirdly, it should help retain and preserve the company’s best employees as well as motivate them to continue desiring to steer the company to greater heights. As the compensation plan accomplishes this, it should also promote equality among the employees andtheir efficiency in performance. Consequently, the underlying laws as regards: the standards and relations of labour, promotion and maintenance of human rights, equalityShow MoreRelatedStrategic Management, Compensations And Employment Concepts Essay1660 Words   |  7 Pagesbeing an effective owner and manager. Understanding creativity, innovation, motivation, the strengths and weaknesses of employees, roles of management, and the different styles of leadership are all important functions of management. Also, a manager must understand the organization itself. The roles and responsibilities of top, middle and front-line management, to become a franchise or not, and t he effects all leaders have on the different levels of planning are just a few more of the different scenariosRead MoreStrategic Management, Compensations And Employment Concepts1610 Words   |  7 PagesStrategic Management, Compensations And Employment Concepts Introduction Managers have always understood how important interpersonal skills are to their effectiveness. Recognizing the importance of developing those same interpersonal skills is tied to the need for businesses to obtain and retain high-performance employees. Managers get things done. They also get things done through other people. Utilizing the concepts of organizational behavior is crucial to being an effective owner and managerRead More(Noe Et Al. 2015) The Strategic Management Process Has1445 Words   |  6 Pages(Noe et al. 2015) The strategic management process has two distinct yet independent phases: strategy formulation and strategy implementation. The strategy formulation is the process of deciding the strategic direction of the company by setting company’s mission and goals. 3.2.1 Linkage between HRM and the strategic management process (Noe et al. 2015) stats that linkage between HRM and strategic management process must be closely linked which is known as â€Å"Integrative Linkage†. Figure 3: LinkagesRead MoreThe Importance of an Organizations Performance Management System1538 Words   |  7 Pagesor achieving its strategic objectives is to evaluate the performance of its employees. This evaluation, if it is to be effective or of substantial value to the organization, it needs to be systematic and purposeful. In order to explain the impact that a performance management system can have on other areas of human resource management, it is necessary to define the relationship between a performance management system and human resource management. First, a performance management system is one areaRead MoreWhat Are Transactional Hr Responsibilities?857 Words   |  4 Pagesdiffer from Strategic HR responsibilities? Transactional HR responsibilities are generally considered more task-oriented processes such as â€Å"Administrative, order-taking, updating an individual employees’ HR Records, filling a vacant position or locating a training program for an individual† (Jones, 2009). These responsibilities usually have to do with an organization’s compliance to federal and state regulations. Some of these include: recruiting, staffing, benefits and compensation, payroll, andRead MorePerformance Management Issues1433 Words   |  6 PagesPerformance Management Issues BUS681: Compensation and Benefits October 24, 2011 Abstract This research paper is based on the development and implementation of completely integrated performance management system. The organizations are enjoying many benefits by implementing the performance management system. It has helped in improving the productivity of employees in most of the organizations. It is to be understood that apart from advantages, the system also carries some disadvantages. ItRead MoreA Company s Strategic Planning Process1323 Words   |  6 PagesA company’s strategic planning process can be quite extensive. According to the web page (The Strategic Planning Process, 2002 - 2010), in the 1970s, many large companies formalized the top-down strategic planning process. This process was a way that top executives could formulate the business strategy and then communicate it to the organization for putting it into practice. As stated in the textbook (Employee Benefits - A Primer for Human Resource Professionals, Fifth Edition, p. 17), this canRead MoreEssay on Performance Management Issues 1221 Words   |  5 PagesPerformance Management Issues Performance management can be defined as a systematic process, which helps an organization by improving the effectiveness of its employees, so that the organization can achieve desired results. The performance management in an organization includes proper planning of work and setting expectations to be achieved. In addition to this, the performance management also consists of monitoring performance of employees and training them, so that they can improve their performanceRead MoreHuman Resources Management Overview1207 Words   |  5 Pagesï » ¿ Human Resource Management Overview HRM 300/Fundamentals of Human Resource Management February 11, 2013 Human Resource Management Overview This paper will provide an overview of what human resource management is. It will also illustrate the primary function of human resource management as well as the role of human resource management in an organization’s strategic plan. This paper will further incorporate relevant and personal experiences that addressRead MoreRisk Management And Organizational Change Strategy1451 Words   |  6 PagesWeavetech Risk Management and Organizational Change Strategy Risks. There are many potential risks associated with acquisitions and mergers. According to Allen (2014) risks include â€Å" the miscalculations regarding the scale, scope and change management implications of the integration and the level of assimilation required† to make the transition a success. Another risk is would include the a lack of an adequate or strong communication strategy. Finally, a lack of identification or preparation

Personal Narrative My First Day at School Essay - 1722 Words

My first day at school My first day at school was a new adventure for me. I had to wear a school uniform: a blue dress and handmade leather sandals. Having run around all but naked for the first eight years of my life, it was very exciting. At school we learnt about Australian culture and its social classes as well as social classes worldwide. Throughout my studies I learnt that Australia wasnt a classless society. The class to which a person belonged determined how they were treated and we learnt through two particular films: Educating Rita (Willy Russell, 1983) and My Fair Lady (Bernard Shaw, 1964) that it is indeed possible to break the mould and change where you end up in life. Rita is a twenty-six year old hairdresser from†¦show more content†¦Frank has a good job, owns a grand house and hosts impressive, sophisticated parties. He speaks in a very intellectual manner: ?I am afraid, Rita, that you will find that there is much less to me than meets the eye.? To which Rita replies: ?See, y can say dead clever things like that, cant y? I wish I could talk like that. Its brilliant.? Through Frank and Trish the film is putting forward an assumption about the upper class which is that they lead very pretentious lives, a faà §ade that masks a saddening and deep emptiness. This is further accentuated when Trish attempts suicide and says ?When I listen to poetry and music, then I can live?.the rest of the time it?s just me, and that?s not enough.? Also, the film is putting across an assumption about the lower class which is that it takes little to make them happy. This is further emphasized when Rita exclaims,? You think because you pass a pub door and you hear us all singing we?re okay, that we?re surviving with the spirit intact? Another very noticeable assumption that the film is putting across is the differentiation of morals and values of the lower and upper classes. The upper class is illustrated as having very questionable morals and ethics, and this is best understood through Frank, Frank?s partner Julia and her lover. Even though Julia is in a relationship with Frank, she blatantly cheats on him with one of his collogues. Also, Rita further explores this concept when she says, ?oh yeah,Show MoreRelatedPersonal Narrative : My First Day At School989 Words   |  4 PagesBEEP! My digital clock struck 7:00, my light turned on, and I got ready. â€Å"Oh, it’s my first day of second grade,† I remembered while putting on my hat. The sun was shining through my bedroom window, lighting up the corners of the room. This is 2011 in September and I was ready for my first day of second grade. I walked out of my room, seeing my entire family arisen from their peaceful slumber. I sat down at the table, pouring in a bowl of Kix and scarfing them down like I haven’t eaten in days. OnceRead MorePersonal Narrative : My First Day At School73 2 Words   |  3 Pages â€Å"Come on Jason, get in the car!† Mom yelled. I raced upstairs to get my backpack and darted out the door. Being late on my first day at a new school was not something I wanted to happen. Mom started driving right as I closed the door because she didn’t want me to be late either. As we approached Fairfield Jr. High School I got the butterflies in my stomach from seeing all these new faces. Someone dressed in black dress pants, black shoes, a white button up, and a black tie was greeting everyRead MoreMy Family And Education Is Important For Your Future1221 Words   |  5 Pagesthemes in my family’s narrative. The first theme in society that contradicts the values of my family is homosexuality. As mentioned above, religion is a large part of my family, therefore, homosexuality is not part of the catholic religion. With that being said my family has a strong opinion and belief about same sex relationships. The second theme compliments my family’s values and that is getting and education. In broader culture getting and education is important for your future and in my familyRead MoreThe Narrative Theory / Paradigm1477 Words   |  6 PagesThe narrative theory/paradigm states that everything we do can be laid out as a story (Fisher, 1984). The main points of the theory/paradigm are the following: humans are essentially storytellers; decisions that humans make are based off of good reasons rather than proof; what we do and how we think is swayed by accounts of history, biography, culture and character; our rationality is determined by our sense of probability (the coherency of the narrative) and narrative fidelity (whether the storyRead MorePersonality Can Be A Hard Concept To Pinpoint, Considering1315 Words   |  6 Pagesextravert. For me I believe my personal narrative has had a large impact on my personality and so I am going to start there. I believe that an individuals personal narrative can be one of the most telling signs of one’s true personality, or at least what got them to how they are today. Most of the theories and the personality tests are used to apply to the masses and they are then able to portion off smaller groups to certain personalities. With a personal narrative however, this really dives deepRead More I Hate Narrative Essays1154 Words   |  5 Pagesdue in a scant 4 hours and I had all week to do it. The radio had stopped working because my brother got on the Internet and thus cut off my connection. That was the least of my problems working on this paper. I got it done, though. My life changed with one trip of a teacher to the chalkboard and one phrase, narrative essay. God, I hate narrative essays. My day was going well. I devoured a big breakfast, my brother, for once, got out of the shower quick, and no major assignment was pending. LifeRead MoreBiological Narrative1617 Words   |  7 PagesPERSONAL POTRAIT: A BIOLOGICAL NARRATIVE 2 John C. Carter Capella University Dr. Janice J. Caron August 29, 2010 Abstract Eric Erickson is best known for his studies with psychosocial development, or the development of a person within a social context. Eric Erickson’s theories focused primarily on the correlation of the release of sexual tension and psychosexual development. The purpose of this paper is for the author to develop a personal portrait integrating Erickson’s developmentalRead MoreA Short Story1483 Words   |  6 Pageslong day of school work. My body sagged with fatigue, arms unable to rise above my waist, and my head drooped in eagerness to meet my bed. Of course I was eager in turn to meet my head’s throbbing expectations, leaping into bed to a night long and full of eventful dreams. Then I heard those fatal words, courtesy of my darling mother ,† Did you have good day? Did you get everything done that you needed to?† â€Å"Mrghm†¦ In-a-bit†¦Ã¢â‚¬ , came my mumbled, muffled, reply. As much as I anticipated giving my bodyRead MoreNarrative Essay1497 Words   |  6 PagesThe Narrative Essay *What is a Narrative Essay? †¢ Narrative writing tells a story. In essays, the narrative writing could also be considered reflection or an exploration of the authors values told as a story. The author may remember his or her past, or a memorable person or event from that past, or even observe the present. †¢ The author may write about: -An experience or event from his or her past. -A recent or ongoing experience or event. Read MorePersonal Narrative For The Nebraska State Writing Test761 Words   |  4 Pagesgrade language arts where my main focus is to prepare my students to write a personal narrative for the Nebraska State Writing Test in January. Reading and writing are intertwined in my area of professional responsibility as I motivate my students to write a well-organized, creative personal narrative. As I have taught writing, I have found reading, writing, speaking, and listening go hand in hand when composing a personal narrative (Bruning, 2011, p. 299). First of all, reading is an important

Art Experience Essay Free Essays

Abstract Through the journey of Art, one can experience many ideas and also learn how far his or her imagination can take them. While visiting the 621 Gallery located in Tallahassee, Florida, I learned that art does not necessarily have to consist of paintings or drawings but that it could also consist of steel made up into shapes and patterns that can represent some for of existence or portion of history. The first peice of atrwork that I would like to analyize was created by Charles Hook. We will write a custom essay sample on Art Experience Essay or any similar topic only for you Order Now The peice is call Fernis and it is painted steel that was done in 2007. It is a part of the permanent collection there at the gallery and it seems to be shaped up into the form of a dragon of some sort. It is black in color and seems to be the head of a dragon who seems to be opening it’s mouth with a gesture as if it is about to get very angry and possible send out a roaring hurl of fire. The tongue of the dragon is sticking out and the eyes are slanted. The dragon does not have a body, just only the head is seen here which to me seems to leave the viewer with more of a chance to imagine what could have possiblyhappen to this poor creature of extinction. The fact that the steel peice is located out in a woody area is also interesting because it seem to show that shrubbery has since then emerged around this image creating a scene to me that the dragon could have been seen in more recent of times, thats if one has a greater imagination. Being that dragons were considered to be winged beasts that were ruler of the water and the lands around them, this peice of art was interesting to me beacuse it makes me wonder how can such of beast of this great nature (ruler of the land and sea) end up with no body parts and be represented in a civilization where in all but his exist. The second peice of artwork that I would like to analyze is a peice created by James Davis. This peice is entitled, This is Something We Had to go Through. It is made of Steel and Cast Iron in 2004-2005. This peice must have been for sale as it is priced at $10,000. The peice of artwork seems to be a wall that has the been ran through by maybe a soldier of war that has been in training. The wall also has a breakage area noted that looks as if the wall began to crack open as the force from the soldiers running through it caused it to crack open. I think this peice is a perfect representation of war times and one can imagine the types of training that the soldiers were asked to perform in order to get them ready for dthe next battle at hand. The two peices of artwork seem to be similar in that they both represent creatures of war and protection of territory in some form or fashion to me. I enjoyed viewing the peices as it broadens my mind and makes me take into consideration that there is a message in each peice of artwork whether it be a statue, painting, column, or just the impressionism of a male or female, flower or great wall of any nature. The viewer must be able to open up and understand that art is a creation of feelings, emotions and experiences that one has been through and that we must be able to try to open our eyes and see what the artist is trying to express as a whole. Art work can also be made out of many forms of material. It can be made of canvas, stone, steel and even objects found by many in things such as trash and even found in nature. Artists can be young or old. Imagination can become astounding when used spontaneously. How to cite Art Experience Essay, Essays