Managing Human Capital

In: Business and Management

Submitted By marirozikyan
Words 3667
Pages 15
Human Resource Management

TABLE OF CONTENTS

Part A: ESSAY
Introduction…………………………………………………………………………………………………………………3
Construction/main body………………………………………………………………………………………………3
Conclusion…………………………………………………………………………………………………………………..7

Part B: REPORT
Abstract……………………………………………………………………………………………………………………..8
Introduction……………………………………………………………………………………………………………….8
Discussion/literature review: A. The current recruitment strategy. The advantages/disadvantages, suggesting the need for change………………………………………………………………………………………………..9 B. A definition and identification of the major advantages and disadvantages of Talent Management Programmes…………………………………………………………………10
Conclusion…………………………………………………………………………………………………………………10
References…………………………………………………………………………………………………………………11

Part A:
INTRODUCTION
In response to harsh competition in a rapidly changing world managers and executives at the beginning following the hierarchical theory of business, built on equity and driven by profit were seeking ways to improve the competitiveness by dismissing people, selling enterprises and demanding more from those who remained. Though, for companies to get out of their problems using the chosen strategy was getting harder and harder. The universal competition has made the traditional model of management obsolete. In contrast to the old model of management, the new one focuses on not how much we produce, but on how we satisfy the demand of consumers. The key points that have high priority for improving competitiveness are customer orientation, corporate thinking, integration and team work. The new model of management is nothing more than to be able to see the organization as a whole: the relationship of people and processes that determine the success, examples of changes that require special attention. The core of the new management model has become such criterion…...

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