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Written by Joanne Delaurentis
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Thursday, 06 October 2011 15:30 |
 Layoffs and retrenchments are common business practice in today’s business environment. Regularly laying off staff provides a firm with the flexibility to adjust quickly to changes in the market. It also allows firms to attack competition through lower prices, and this can be an advantage in producing cheap commodity items and in restructuring an enterprise quickly. However, in sectors where innovation and quality are important, a hire-and-fire approach brings disadvantages.
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Written by Joanne Delaurentis
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Tuesday, 13 September 2011 08:57 |
 Most organisations are facing the challenge of how to attract and retain talented staff members. A large amount of emphasis in HR departments and organisational leadership is focused on ways to attract and retain talented staff members. This new focus on human capital is a good thing in today's market; human capital is the differentiating factor between success and mediocrity.
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We’ve all seen it in action – a manager who micromanages. He tries to ensure everything is done right and to his own specifications. What he doesn't realize is that his micromanagement negatively impacts his employees’ productivity.
In today’s competitive economy, everyone is trying to get the most out of their staff because talented staff makes up a firms competitive advantage. So how do you maximise your staff’s performance? I believe there are four main human capital management practices that maximise performance.
Organisational change is something that we all need to deal with, but most of us dread, as it can cause havoc with the nice organisational structure we are familiar with.