Business organizations are, in no doubt, continually facing new challenges in this present first paced rapidly changing hostile business environment (Basu, 2001). A number of issues triggered business environment to change at a tremendous pace, which involved economic development, shifting political standpoints, changes in people’s perceptions, needs & wants, technological advancement, vigorous business environment, extreme competition, changes in business strategies, changes in leadership and management styles and so on (Maheshawri, 1997). As a result, businesses are forced to change their Continue reading
Recruiting and selecting is the most important function in Human Resource Management and hiring the right person is very crucial for an organization to be succeeded as Collins (2001:13) points out that
People are not your most important asset. The right people are.
The dynamic fast paced competitive business environment requires organizations to recruit skilled and knowledgeable people who can help the businesses sustain in the long run. Bratton and Gold (2007) specified HRM as a means of achieving organizational effectiveness through deploying employees’ talent by the use of idiosyncratic HR programs and practices. Human resource management is the process that helps organizations get competitive edge over other competitors by recruiting and retaining the Continue reading
One of the most prominent, widely discussed issues of today’s business management is Corporate Social Responsibility (CSR), which was a highly observable business fact that has been overlooked in the earlier stages (Crowther and Capaldi, eds. 2008). It has long been argued that businesses have no other responsibility apart from providing goods and services in return for maximizing profit and thereby have no societal commitment whatsoever (Friedman, 1962 and Hayek, 1969 cited in Marinetto, 1998). Continue reading