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The importance of the human resource function in an organization
The importance of the human resource function in an organization
The importance of the human resource function in an organization
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Business Analysis of Gulf States Metals Inc.
Gulf States Metals Inc. (GSM) is a large nickel refinery plant that
has suffered poor financial performance and is under the threat of
being shut down by its parent company International Metals Inc. This
paper aims to, firstly, analyse the issues that are contributing to
the low performance, secondly, to provide some options for moving
forward and thirdly, to present a set of substantiated
recommendations. The analysis will be tackled through a multi-frame
approach, incorporating a structural frame, human resource frame,
political frame and symbolic frame as proposed by Bolman and Deal
(1997).
Structural Frame Analysis
=========================
The structural frame asserts that organisations exist to achieve goals
and objectives, and that they must be designed to fit the
circumstances according to goals, technology and the environment.
Organisations are thought to increase efficiency and enhance
performance through specialisation and division of labour. To ensure
that the divisions work together, appropriate forms of coordination
and control are essential to ensure that individuals and units work
together in service of organisational goals. The structural frame also
assumes that problems, and performance gaps, arise from structural
defects and can be remedied through restructuring (Bolman and Deal,
1997; Burnes, 1996).
GSM's overall structure is hierarchical...
... middle of paper ...
...ty based management. Harvard Business
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Dissertation Abstract, 95001,136
For the last thirty years, Cracker Barrel Old Country Store, Inc. has been offering people on the highways of America an alternative to the fast food pit stop. Their restaurants serves home-style food, has quality gift shops and, most of all, a friendly and accommodating environment all go in to create a welcoming atmosphere. Making the guest comfortable is what makes them different. The waiters and waitresses let you take your time. You are seated and promptly drink orders are taken. They give the customer sufficient time to gaze over the menu. There are peg games on the table to occupy you or your young ones. If it is a game of checkers you wish, there is always a table in the corner ready to play.
Part II: Financial Analysis Section 1: Business Analysis Honeywell International Inc. (see also, attached Excel spreadsheet) Honeywell International Inc. operates as a technology and manufacturing company all over the world. It is an American multinational company that produces a large variety of commercial and consumer products, as well as engineering and aerospace systems for major companies and international governments. It is a Fortune 100 company, and in 2012 was listed as number 77 in the Fortune 500 America ranking.
The structural frame considers that right roles and relationship for people working in an organization to be one of the main keys to success. According to Bolman and Deal (2008), organizations are characterized by goals and objectives, well defined structure and division of labor, various forms of coordination and control, rational conduct and policies. These features help to make an organization more efficient and improve its performance. When an organization faces problems, they are resolved through analysis and restructuring.
The Shell Oil Company involves a group of energy and petrochemicals companies that operate globally. Shell employs over 92,000 employees and operates in more than 70 countries and territories. Shell is considered a prominent gasoline provider, offering products that range from energy fuels, lubricants for businesses, and petrochemicals for detergents, packaging, carpets, and computers. The Shell corporation is also making strides to embrace renewable energies “by creating hybrid energies with traditional fuels such as natural gas” (Shell Global, n.d.). Shell is building hybrid power plants that combine renewable energies, including those produced by sun and wind, with traditional fuels. By investing in emission-free energies, Shell seeks to improve its operations and competitive posture as renewable technologies advance.
thirty year span in order to increase the size and the scope of the company.
Case 2 focuses on the Bayerische Motoren Werke (BMW) Company. My analysis will define each of the company's strengths, weaknesses, opportunities, and threats as brought about within the case as well as through additional research.
IKEAA (Furniture Manufacturing Company) was founded in 2000 by President and CEO Teo Shu Xian. Our company is located in Nilai, Malaysia. Besides our company, we have our own factory which is located in Nilai, Malaysia too. It occupies 100,050 square feet for our office and factory. We hire about 500 workers to make sure operations are well-supported. Our company has produced over 3,000 units of high quality furniture per month and delivered them throughout the Malaysia. Every product that made by IKEAA is high quality and innovative since we have 16 years of experience in manufacturing furniture products. We provide a variety type of furniture which includes dining table, sofa, chair, shelf and other. It is proud that our products have been
As Malaysia’s very own national oil company, PETRONAS has grown considerably throughout the years. It has been performing really well financially as their revenues has been steadily increasing every year. Through its financial statements it can be seen that PETRONAS revenue has increased by RM 49,748 million from 2011 to 2012. Besides that, during the FY2012, its Earnings before Interest, Tax, Depreciation and Amortization (EBITDA) and its Cash flow from operations has also increased by 11.1% and 10.32% respectively compared to FY2011. The revenue increased by RM 49,748 million is primarily due to the higher realized prices and favorable exchange rate movements; however the revenue increase was also partl...
Organizations must operate within structures that allow them to perform at their best within their given environments. According to theorists T. Burns and G.M Stalker (1961), organizations require structures that will allow them to adapt and react to changes in the environment (Mechanistic vs Organic Structures, 2009). Toyota Company’s corporate structure is spelt out as one where the management team and employees conduct operations and make decisions through a system of checks and balances.
Holloman, C. (1974), “What McGregor Really Said”, Business Horizons, Vol. 78, No. 1, pp. 17 Issue 6, p. 87 – 92. Karlöf, B. & Lövingsson, H. (2005), The A to Z of Management Concepts and Models, Thorogood, London. Kermally, S. (2005), Gurus in People Management, Thorogood, Sydney.
Different organisational structures are used in all types of businesses and companies. Organisational structure is a system of tasks, workflows, reporting relationships and communication links; that if used fittingly, can be an asset to the organisation (Schermerhorn et al. 2014, p. 260). This can be hard for managers as the environment and times are always changing and with that, structures must change also (Schermerhorn et al. 2014, p. 260). Two types of structures have been created from the changing times; vertical and horizontal. Traditional structures have used this vertical system while the contemporary movement of structures are opting for a horizontal approach. Both these traditional and modern structures have many organisational charts for structuring the many different varieties of businesses.
Monica Tulsian (2014) this study mainly focused on Profitability Analysis a comparative study of SAIL & TATA Steel, in this study on a comparative study of SAIL &TATA Steel, The main purpose of a business unit is to make profit. The profitability analysis is done to throw light on the current operating performance and efficiency of business firms. It should be duly noted that net income figure alone is not very helpful in determining the efficiency and performance of the business firm unless it is related to some other figures such as sales, cost of goods sold, operating expenses, capital invested etc. Thus the profitability ratios are calculated to enlighten the end result and comparison of business firms which is the sole criterion of
It account for more than 70% of the country's crude oil production and nearly all of its natural gas supply. The Company is owned by the Government of Oman with a 60 percent interest, Royal Dutch Shell 34 percent, Total 4 percent and Partex 2 percent (About us, n.d). Engaging efficiently and safely in the exploration and production of hydrocarbons in Oman are the primary objective of PDO that correspond to their vision which is to be renowned and respected for the excellence of their people and the value they create for Oman and all their stakeholders. PDO operates in a concession area of about 100,000 km2 (one third of Oman’s geographical area), has around 130 producing fields, close to 6,000 producing wells, a workforce of 8,000 and more than 45,000 contractors. This research used some of Hofstede’s dimensions and aspects of Handy’s model such as individualism, collectivism, flexibility and creativity to study and analyze how organizational culture affects the behavior and values