HR and performance, High-performance work system and big data Assignment

HR and performance, High-performance work system and big data - Assignment Example Many top organisational behaviour specialists believe that it can be relied on to provide companies that adopt it with a reliable and sustainable competitive edge. Given the popularity and endurance of the concept, it is understandable that it should be seen as a revolutionary method of handling human resources. In addition, quite a number or retrospective and contemporary studies posit that the effect of HRM on job satisfaction and, by extension, organisational performance is positive. However, this is not universal; some studies have portrayed job satisfaction as a primary mediator between HRM practices and organisational performance. On the other hand, others postulate that the implementation of HR practices is associated with increased levels of work intensity, which can translate into better performance but not necessarily higher job satisfaction (Green, 2004). There have also been claims that HRM practices that are adopted as part of high performance work system are not either designed to increase job satisfaction or tend not to have that effect (Appelbaum, 2002). However, some scholars have speculated that HRM tends to impact on separate components of job satisfaction such as a sense of achievement or contentment with ones pay (Green, 2006). However, what cannot be disputed is the fact that, despite the common assumption that HPWS are good for business, many organisations have failed to apply or implement them. This begs the question: If it is that good, why do more people not use it? A great deal has been written about the HPWS in HMR literature, however, despite this, little attention is given to it individually even though it concerns organisational economic; critical area in general economics. High performance work systems can be defined as high involvement or commitment organisations; these use a distinctive managerial approach to facilitate performance

Global strategy MBA market in UK Essay Example | Topics and Well Written Essays - 2000 words

Global strategy MBA market in UK - Essay Example This report is a business plan for setting up the proposed business school, International Business School. The main purpose of the business plan is to put forward the business idea in a detailed manner in order to communicate the business opportunity to the potential investors.There is a great demand for highly qualified management students in today’s competitive corporate world. Even though there are numerous management schools around the globe only very few of them are capable of producing job ready candidates. A business plan is a written statement that describes and analyses the business concept and explains in detail the future projections (McKeever, 2008). Recipients The recipients of the business plan are the potential investors of the company who can be national and private banks, venture capitals, private organizations or businesses willing to invest, companies who will benefit from the talent pool (Management students) and other prospective investors (shareholders mo del). International Business School Overview There is a great demand for highly qualified management students in today’s competitive corporate world. Even though there are numerous management schools around the globe only very few of them are capable of producing job ready candidates. That is, there is a vacuum in required skills of the graduating candidates and that required by the industry. Companies indulge in various training and orientation programs after hiring the candidates to fill in this vacuum. This is highly visible in third world countries and emerging markets. It is to fulfill this need for highly qualified, industry ready management students that the International Business School (IBS) is proposed. IBS will be initially set up at Charing Cross in central London, UK. The school will then expand to two other countries, Nigeria and Thailand. To start with all the major operations of the school will completely be in UK, and only study centers and admission offices will be opened in Nigeria and Thailand. Masters in Business Management is the primary product IBS. IBS will impart not just theoretical knowledge to its students but will primarily aim at giving them practical experience and exposure to real world scenarios. Unlike many management schools, the main purpose here is not to produce students with high marks and certificates. IBS will be established with the view that marks and certificates can get students well paid jobs but it is the innovativeness, creativeness, ability to think out of the box and make crucial decisions that will help them to keep and grow in the careers. IBS will try to impart the above mentioned characteristics and attitudes into its students. It will not just give them any opportunity to succeed but will teach them to create their own opportunities. The main purpose of education at IBS is not just to prepare students for a challenging job but to prepare them to face the challenges of life. In doing so, the school w ill succeed in both, filling in the vacuum between the graduating candidates and job ready employees, and produce highly qualified and competent individuals who can make a positive contribution to the society. Vision Statement To impart in its students theoretical and practical knowledge along with skills and attributes that will help them to succeed in both their professional and personal. As a result of the above, IBS will present the world with highly talented and responsible individuals who will make a positive contribution to the society as a whole. Market Analysis Market analysis is an essential part of a business plan. Market analysis