Strategy Formulation and Implementation

Through proper recruitment, training and development, ensuring hiring professionals with required technical skills for new projects.

It aids in effective coordination between departments, minimizing delays and boosting flexibility to handle overlapping workloads.

Through incentive programs, learning opportunities, and fair treatment, recognizing and empowering employees to satisfy their intrinsic needs.

<p>Amenities like transportation, canteens, and childcare centers, as well as flexi-hours, help employees meet familial responsibilities and reduce attrition.</p> Signup and view all the answers

<p>Through mechanisms like suggestion boxes, issues are resolved amicably, promoting a positive and collaborative work environment.</p> Signup and view all the answers

<p>They uphold integrity, encourage transparency, and foster a healthy culture for stakeholders and a positive brand image.</p> Signup and view all the answers

<p>To ensure the availability of the right people for the right jobs so that organizational goals are met.</p> Signup and view all the answers

<p>Structures, resources, processes, and human capital are established.</p> Signup and view all the answers

<p>To evaluate strategy implementation and organizational performance, and take corrective actions if needed.</p> Signup and view all the answers

<p>HRM ensures the availability of the right people for the right jobs, which is crucial for achieving organizational goals.</p> Signup and view all the answers

<p>Managing cross-cultural issues is a key challenge, and it adds complexity due to the need for localization of strategies with increasing internationalization.</p> Signup and view all the answers

<p>It ensures the development of leaders who can guide the organization towards achieving its goals and objectives.</p> Signup and view all the answers

<p>It helps to evaluate and improve employee performance, which is essential for achieving organizational goals and objectives.</p> Signup and view all the answers

<p>Rapid changes in business conditions demand agility from HR strategies, requiring HR to constantly adapt and realign itself to new environments.</p> Signup and view all the answers

<p>Technological disruptions alter the nature of jobs and employee expectations, and HR must facilitate reskilling of employees to adapt.</p> Signup and view all the answers

<p>The rise of data analytics and AI is transforming HR functions like recruitment, learning and development, and HR professionals need to proficiently leverage these new technologies.</p> Signup and view all the answers

<p>The primary purpose of environmental scanning is to collect external and internal information about factors influencing the organization, helping to analyze opportunities and threats in the task environment.</p> Signup and view all the answers

<p>It is essential for HR to become more strategic, flexible, and innovation-driven to manage the evolving dynamics of the organization, including changes in organizational ownership, technological disruptions, and shifting employee expectations.</p> Signup and view all the answers