The paper "The Existence and Effectiveness of HRM Programs " is an outstanding example of a management term paper. The existence and effectiveness of HRM programs correlate with better operational metrics. In some cases, however, it appears that many companies were overtly optimistic regarding the effectiveness of their own HR programs. They were relatively new, and while perceived as highly effective, they did not fully impact operational and financial measures. Globalization has brought about revolutionary changes in company operatives to sustain their presence and dominance is not just the domestic market, but at an international level as well.
In order to do this, effective HRM programs had to be put in place. HR programs must be employee-specific at the same time be goal-oriented. If employees are kept happy, production increases and profits grow. Many companies have not given their employees their dues and in the bargain perished from the competitive market. 2.0Executive Summary Of late, benchmarking has become an approach to optimize production processes by comparing certain aspects of a company with its competitors. However, one of the biggest challenges is not just gathering or statistically evaluating these data, but to derive a concrete measure to interpret the results (Denkena, B; Apitz, R; Liedtke, C, 2006) Studies have reflected the importance of employee participation programs and group-based pay incentives.
These measures have met with success, and so too have profit and gain sharing programs. ‘ High-performance’ and ‘ high-involvement’ are two business terms related to employees and production. In order to accentuate production through employee performance, exceptional influence and changes must be brought about to achieve the organizational goal. Management must consider the criticality of a visible and active role to integrate policies of diversity and inclusion into every aspect of an organization’ s operation and culture. Culture affects every employee of the organization, whether it is a man or woman.
A healthy work environment goes a long way in instigating quality work.
1.0 Answers.com, Human Resource Management: Information from www.answers.com
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3.0 David Pappie, Women in Business, The Long Haul to Parity, Management Today, 2006, Journal
4.0 Denkena, B; Apitz, R; Liedtke, C, CSA, Illumina,
Benchmarking: an International Journal, Vol.13, N.1/2, csa.com
5.0 John Benson and Philippe Debroux, HRM in Japanese Enterprises: Trends and Challenges
6.0 Monir H. Tayeb (2005), International Human Resource Management: A Multinational Company Perspective, Oxford University Press, 2005
7.0 Tanuja Randery, Convergence, A New Way of Working, Management Today, 2006, Journal.