Tuesday, May 19, 2020

Electromotive Force Definition (EMF)

Electromotive force is the electric potential generated by either a electrochemical cell or a changing magnetic field. It is also known as voltage. It is electrical action produced by a non-electrical source, such as a battery (converts chemical energy to electrical energy) or generator (converts mechanical energy into electrical energy). Although the term contains the word force its not akin to a force in physics that would be measured in newtons or pounds.Electromotive force is commonly denoted by the acronym emf, EMF or a cursive letter E.The SI unit for electromotive force is the volt.

Wednesday, May 6, 2020

Strategic Human Resource Development - 3112 Words

Introduction There is now a general acceptance of a stakeholder theory of the modern organization (see, e.g.[1, 2,3]). Such a theory implies that managers have a duty to stakeholders. Stakeholders are defined as those groups who have a stake in or claim on the firm. Translated to the human resource development (HRD) context it suggests that each stakeholder group has a right not to be treated as a means to some end and should therefore participate in determining the future direction of human resource development activities within the organization. The evolution of a strategic HRD concept has also highlighted the need for the application of a stakeholder theory to HRD within the organization. Commentators such as Sparrow and Pettigrew[ 4]†¦show more content†¦The first is that the current state of the HRD function is the result of the supporting and the resisting forces brought to bear on the function by the stakeholders. Thus the present status of the HRD function is at best a temporary balance of opposing forces. Some of these forces provide resources and support to the function while others serve as barriers or constraints. The forces are generated by stakeholders in the course of pursuing their specific interests, goals and objectives. The second premiss is that the outcomes of the HRD function s strategies are the collective result of all the forces brought to bear on it by its stakeholders during implementation. The function is always in a state of quasi-equilibrium as it attempts to balance the various stakeholder forces. Each time the HRD function acts and its stakeholders respond, a new temporary balance is achieved. The status and performance of the HRD function at a given point in the future depends on the equilibrium it achieves throughout the period it is implementing its strategies. These two premisses lead to an important conclusion. The validity of the strategies implemented by the HRD function always depend on the assumptions that are made about its stakeholders and about the steps they will take during the planning and implementation of HRD strategies to involve key stakeholders. Models of HRD stakeholder management at the strategic level Based on detailed analysis of 16Show MoreRelatedStrategic Human Resource Development Framework1614 Words   |  7 Pagestheir Human Capital (HC) and understand how to incorporate HR policies into everyday decision making and long term planning. First we start by defining Strategic Human Resource Management (SHRM). We then look into what purpose it serves in an organisation. Then we look into the different models of SHRM how these models compare with each other. Literature review intends to develop a new framework which is a combination of two frameworks, The Harvard Model and the Warwick model of SHRM. STRATEGIC HUMANRead MoreDevelopment Of Strategic Human Resource Management3563 Words   |  15 Pagesin this academic research study. The role and contribution of SHRM in this direction is considered inseparable. It helps in encouraging new forms of working and making the environment suitable and adequate for effective work. The aspect of Strategic Human Resource Management facilitates in achieving the business performance through productive and satisfied employees, enhanced knowledge sharing and collaboration, speedier process of work flow and synchronizing the business activities in accordance withRead MoreStrategic Human Resource Development Plan2515 Words   |  11 PagesCOMPANY X STRATEGIC HUMAN RESOURCE DEVELOPMENT PLAN A Proposal by Edwin C. Ebreo HR Development Consultant COMPANY X STRATEGIC HUMAN RESOURCE DEVELOPMENT PROGRAM EXECUTIVE SUMMARY A s Company X continue to grow, the need to establish a more mature HR Development Program that responds to the company’s need to succeed in an ever toughening market becomes apparent. HR Development Programs are important in keeping the workers aligned with the goals of the organization. A good Strategic HRD planRead MoreHuman Resource Development : Strategic Growth Of The Overall Company Essay1426 Words   |  6 PagesStrategic planning helps a company to predict and manage their future needs based on their trends in business while human resource planning helps a business implement their recruiting methods based on the needs of a department in the business and the needs of the consumers. Each of these things go hand in hand with one another and they help make the overall company more successful and reliable in the eye of not only its employees but the people who choose to buy or use them in any way. This paperRead MoreThe Training And Development Part Of The Strategic Human Resource Management2440 Words   |  10 Pagesoccurs when making those boundaries vanish. Our aim is to discuss all the existing and potential challenges of this new boundaryless organisation system and try to find out the solution to these problems based on the training and development part of the Strategic Human Resource Management. 2. Boundaryless Organisation and Its Following Challenges The concept of ‘boundaryless organisation’ was first put forward by former General Electric chairman Jack Welch in order to help his company adaptRead MoreCapital Equipment Leasing Strategic Human Resource Development Plan1673 Words   |  7 Pages CEL Capital Equipment Leasing Strategic Human Resource Development Plan A Proposal by Tim Bowles OMM-618 Strategic Management in Human Resources Management Instructor Prof. Maja Zelihic May 12, 2015 Executive Summary As Capital Equipment Leasing continues to grow, the need to establish a more mature HR Development program that responds to the company’s needs to succeed in a fast growing market. Traditional values include optimism about the future. The contents of this report areRead MoreHuman Resource Management Development and Strategic Management Enhanced by Simulation Exercises6607 Words   |  27 Pagescom/researchregister The current issue and full text archive of this journal is available at www.emeraldinsight.com/0262-1711.htm Human resource management development and strategic management enhanced by simulation exercises Peter R.J. Trim Department of Management, Birkbeck College, University of London, London, UK Keywords Management development, Mentoring, Strategic management, Simulation Abstract In order to meet the challenges of the marketplace, senior management needs to ensure that an organisationRead MoreTrace the Development of Strategic Human Resource Management from the Resource Based View of the Firm. How Does the Resource Based View of the Firm Facilitate and Inhibit the Actual Practice of Strategic Human Resource Management.1538 Words   |  7 PagesToday, human resources are seen as the available talents and energies of people who are available to an organization as potential contributors to the creation and realization of the organizations mission, vision, strategy and goals (Jackson and Schuler, 2000, p. 37).There exist two models that seek to describe what strategy is and how an organization should develop such strategy. The first model known as the Industrial Organization (I/O) model is based on the assumption that firms competing inRead MoreIssues Involved When You Try to T ake a Strategic Approach to Human Resource Management and Development3752 Words   |  16 PagesThis essay is going to define strategic human resource management and development (SHRM/D) and briefly mention why this concept is important for organizations, I will then briefly mention other underlying concepts about strategic people management, and then go to the core of the essay and discuss the issues that are involved when we try to take a strategic approach to human resource management and development(HRM/D).Lastly I shall conclude by giving the extent to which my organization’s experienceRead MoreHow Strategic Management Plan And The Human Resource Planning Process1410 Words   |  6 PagesFor this assignment we will examine how strategic management plans are established and redefine to keep the organizations moving forward in growth. Management promotes and brings about a change in the structure to keep it active and efficient in the approaches to achieving its goals a nd objective. The strategy behind the approaches correlation is what leads to actually implementing and providing data to analyze on an ongoing basis to enhance the strategic plan of the organization. The relationship

Business Operation of a Travel Agency-Free-Sample for Students

Question: Discuss about the usage and value of Information and Communication Technology in the everyday Business operation of a travel agency. Answer: Travel agency includes private retailers that provide facilities to the customers related to the travel and tourism on the behalf of the suppliers. Information and communication technology has usage and value in the travel agency for the daily operations. The increase in the usage of the internet by the people made the companies to use the internet in their working. ICT brings change in the professional as well in the personal lives. The travel booking system is changed with the emergence of the ICT. Everyday business operations are possible because of the use of the information and communication technology (Yiu, Law, 2016). Below given are some of the value and usage of the ICT in daily operations of a travel agency. Coordination- Advance information and communication technology provided a wide scope to the travel agency. With the help of internet connections, the travel agency can easily coordinate with the customers as well as with the business partners. Agency can give the details related their travel by communicating them (Pappas, 2015). Apart from proper coordination, the speed of information transfer will also improve. Organization working- Computers, hardware, and software help the travel agency in the working. ITC advanced age brought software and computers with the help of which travel agency can store data on daily basis. Enterprise-level software like Unit4's Central Command permits travel agency to manage the business data, this brings efficiency in the working of the travel agency. The booking process is taken care by the agencies with the use of ICT. Video text system is used by the UK 97% Travel agents (International Federation for IT and Travel Tourism, 2017). Online booking- Travel companies are selling their travel package on the online website. This might bring a decline in the business of the travel agencies. Though, Questex travel group said that still 55% of the airline travel bookings, 73% of the package travel bookings and 77% of the cruise bookings are possible because of the travel agencies. This is possible because of the adaptation and implementation of the advanced technologies. Value added to service- Travel agencies are preferred by the customer because nowadays these agencies are adding value to the services. Travel agencies try to bring improvement in the user experience. GPS tracking technology builds the trust of the customers on the travel agencies. Many companies use GPS tracking not only in travel but also in transportation for the daily purpose. Technology supports agencies to track the customer's activities with the help of the CRM system and Personalize service. Australian travel agencies provide a mode of sharing feedback with the customers through which agencies will be able to identify the problems (Meriague, 2014). Then, agencies can take corrective steps to improve the services. Turnover increases- Travel agencies turnover increased after using the updated technology. Agencies used CRSs/GDSs increase the productivity of the travel agencies. For example- In Germany, travel agencies introduced the German START system could lesser their traditional communication charges- 22% and increased their turnover- 17% (International Federation for IT and Travel Tourism, 2017). Computer Reservation Systems and global distribution system is part of the daily Operating's of the travel agencies. References International Federation for IT and Travel Tourism. (2017). Information and Communication Technologies in Tourism. Viewed on 2nd August 2017, https://www.ifitt.org/wp-content/uploads/2014/05/ICTs-in-Tour-Operators-and-Travel-Agencies.pdf Meriague, O.E., (2014). The Role of ICT in the Tourism Industry. Viewed on 2nd August 2017, https://www.moroccoworldnews.com/2014/01/121365/the-role-of-ict-in-the-tourism-industry/ Pappas, N. (2015). Internet use and destination preferences: evidence from Crete and Cyprus. In Strategic Infrastructure Development for Economic Growth and Social Change (pp. 218-236). IGI Global. Yiu, M., Law, R. (2016). Technological impacts on knowledge sharing: A case study of three travel agencies in Hong Kong. Tourism Recreation Research, 41(1), 2-15.