An organization invests in its employees, hiring talented people, abstracting their efficiency and skills, building and training them into current and future environments, all in part of the investment they imply towards the development of its organization. In the structure of human capital, compensation will be an influence in retaining employees, as so are benefits, in efforts of a continual extended relationship that configures in relational advocacy, respect and ethical conveyance. In consideration of the roles, they are all congruent upon one another, in bringing skilled personnel into an organization, in hopes of retaining them. If it were my organization in which we were discussing, I would make definite improvements toward continual training, with an advocacy group specializing in the needs and progressive wants of my employees. The one organization that comes to mind is Google, they are continually advancing forward, and making the company a habit forming institution, where people find it hard to go home, yet cannot wait to get back; offering free breakfast , lunch dinners, and
How does a leader, lead through change? In today’s world of highly competitive business, change is occurring frequently and organisations need to keep themselves up-to-date with change in order to meet the needs of customers, new developments in technology, globalisation and economic conditions. Managers ought to possess the right skills and abilities to effectively lead the employees and the organisation through a successful change. Kurt Lewin formulated a 3-stage process to assist managers in Leading Change Effectively called the Force Field Analysis Model used in the planning and implement of change and overcoming resistance. The Force Field Analysis Model classifies and analyses factors in order to display all forces reacting to the desired change and to enable the ability to make decisions that will make change acceptable and effective.
What actions would you take to ensure that employees in the organisation understood the need for improvement and were able to cope with the accompanying changes? In your report use examples or scenarios to support your theories and to demonstrate the need for effective continuous improvement processes. Tables, graphical diagrams, charts or statistical information can be included to help you explain and support your work. You will need to utilise works by several authors to develop the
The completion of a SWOT analysis of Aetna revealed that the company has several strength that will help usher the company into their next phase. Aetna has a strong position in the US healthcare market and has great control over the company’s benefits and expenses and as a resulting in improved profitability. The company also has a wide and deep product portfolio and is attracting larger clients. Another advantage of Aetna is that their cost and quality focus with investments in health care technology. Although the company has several strengths it also has its weaknesses, such as low contribution of large case pension segments and overdependence on the US market.
As we look forward, the role of HR will be increasingly tasked to prove their worth by improving a company’s financial performance by focusing on activities such as strategic planning, change management, corporate culture transition and development of human capital. (Richey
This requires good planning and continuously improving the process among employees to implement their programs in order to meet the requirements to the customers and to stay above other competitors. Since health care is one of the fastest growing industry not just locally but globally multinational organizations is also booming among other countries. In the military, they serve globally and every military installations medical facilities and staff were also present. The purpose of serving globally is to bring help and reach out to the people in need. They make sure health care needs is readily available at all times for all military members, dependents and all the workers eligible for care is being met.
Shouldice should remain firm in publishing positive results and outcomes while continuously upholding their reputation and demand for service and impeccable word of mouth promotion from previous patients. 2.) Shouldice Hospital should always be seeking to expand and increase market share. With a wait list of over 2,000 patients, expansion could only increase efficiency and satisfaction of not only the patient but also the staff and employees as well. Expanding in one of several ways could change the hospital
Strategic planning is also “a process of defining the values, purpose, vision, mission, goals and objectives of an organization. Through the planning process, a business identifies the outcomes it wants to achieve through its programs and the specific means by which it intends to achieve these outcomes.” Strategic Planning can be: • A process for setting future directions • A means to reduce risk • A vehicle for training managers and direct supports • A process for making strategic decisions • A way to develop consensus among managers and direct supports • A means to develop a written long-range plan. Why plan strategically: So your organization doesn’t end up like this! OOP’s! OOP’s!
Some feel that higher educated nurses are vital to meeting the demands of our ever changing healthcare needs. “A well-educated, highly-skilled, and diverse nurse workforce is critical to meeting future healthcare needs.” (Department of Health and Human Services [DHHS], 2011). Scientific studies have been conducted to support this parallel. Research shows that healthcare institutions with higher percentages of baccalaureate-prepared nurses benefit with better patient outcomes in addition to significantly lower mortality rates (American Association of Colleges of Nursing [AACN], 2012). This research resulted in the healthcare industry taking great strides to increase the number of baccalaureate-prepared nurses.
Business Case-Talent Acquisition Topic: Business Case-Talent Acquisition Presented by: YM Goals: Demonstrate the importance of putting more time, effort, and energy into the hiring process in an organization. Introduction: The following table has been created to offer key points to begin a good Talent Acquisition process. These points also provide general ideas about how organizations can save money and efforts at the same time. And with this information, the senior management team will learn about an effective and necessary process that must be taken in consideration to be able to increase revenues in long terms (not only in short terms), increase credibility (inside and outside the organization), as well as maintain legal compliances within the organization. Business Case-Talent Acquisition | HR-Talent Acquisition Team | GOALs | Effective Talent Acquisition | An effective talent acquisition must begin internally to be able to success externally.