Premium Essay

Mgmt 410

In: Business and Management

Submitted By shunshun34
Words 1545
Pages 7
Strategic Linkages

Human Resource Management

MGMT410

1. Why do you think it is important for HR to be a strategic partner to the business?
Whenever an organization no matter how big or small makes its strategic decision to employ a sizable portion of its workforce from the contingency ranks, other Human Resources Management issues come to the head. This may include having virtual employees available whenever needed, or providing schedulling options that meet their needs, and making decisions about whether benefits will be offered to the contingent workforce. No organization can make the transition to a contingent workforce without sufficient planning. As such, when these strategic decisions are made, HRM must be an active partner in the discussions. After all, it is HRM’s responsibility to locate these temporary workers and bring them into the organization. Just as HRM has played an integral role in recruiting full-time employees, so too will it play a major part in securing needed just-in-time talent.
Many companies today recognize the importance of people in meeting their goals. HRM must therefore balance two primary responsibilities: assisting the organization in its strategic direction and representing and advocating for the organization’s employees. Clearly, HRM has a significant role in today’s organizations. HRM must be forward thinking. HRM must not simply react to what “management” states. Rather, HRM must take the lead in assisting management with the “people” component of the organization. Moreover, an organization’s employees can assist in gaining and maintaining a competitive advantage. Attracting and keeping such employees requires HRM policies and practices that they desire. Being a strategic partner also involves supporting the business strategy. This means working with line management in analyzing organizational designs, the culture,…...

Similar Documents

Premium Essay

Asc 410

...ASC 410 Summary ASC 410 is the accounting standard codification that represents asset retirement and environmental obligations. Under ASC 410, there are two main subtopics which are asset retirement obligations and environmental obligations. Asset retirement obligations are legal obligations that may exist in connection with an entity’s retirement of a tangible long-lived asset. These legal obligations may arise when the entity acquires, constructs, or develops a long-lived asset, or operates a long-lived asset under normal conditions. However, it does not occur solely from an entity’s plan to dispose of a long-lived asset. Environmental obligations are environmental remediation liabilities that relate to pollution arising from a prior act, generally as a result of the provisions of laws and regulations. In ASC 410-20, the subtopic is asset retirement obligations. Recognition of a liability for an asset retirement obligation shall occur in the period in which the entity incurs the obligation provided the entity can make a reasonable estimate of the fair value of the obligation. Due to the unique nature of these liabilities, an expected present value technique will usually be the only appropriate technique by which to estimate the fair value of an asset retirement obligation. This method requires a credit-adjusted, risk-free rate to be used to present value the expected cash flows. Adjustments for default risk shall be reflected in the discount rate rather than in the......

Words: 555 - Pages: 3

Premium Essay

Case Study Week 7 Mgmt 410

...1. The NLR Act makes it pretty clear that it is unlawful for an employer to encourage or discourage any union activity with the exception of legal union security agreement is enforced. The law states its basic purposes like employees shall have the right to self-organization, to form, or assist labor organizations, to bargain collectively, engaging in protected concerted activities, refusing to do any or all of these things. The NLRA forbids employers from interfering in any way with the employee’s participation of a union, coercing or threatening employees for engaging in union activity nor can they promise to keep employees from engaging in them (Employment Law Handbook, n.d.). Labor laws provide protection towards union employees who fight for wage inequalities, working conditions. As our textbook states on page 346, the National Labor Relations Act also known as Wagner Act requires employers to bargain in good faith over mandatory bargaining issues like working conditions, hours, wages, term and conditions of employment. Labor laws are authorized by the government to allow employees to not only join, but also to organize and/or create if they decide so. West University’s study shows that the Graduate Employee Organization (GEO) is affiliated with the United Auto Workers (UAW) union, and used it as the collective bargaining representative. Although the employees are in its majority unionized, the non-union employees are not required to join in because Arizona is one of......

Words: 1759 - Pages: 8

Free Essay

Week 2 Ilab Mgmt 410

...Exercise 1) On-shore wind turbines are installed in land-based applications, while off-shore wind turbines are installed over water. The best thing about offshore windmills is the wind tends to be much more consistent and strong, which helps predict payback period and shorten it, for the cost of the turbine. The bad thing about offshore is aesthetics, some people don’t like the looks of the ocean shoreline being filled with turbines. It is also difficult to get the power from the turbines and back to the land where the electricity can be used. It can also be difficult to maintain the windmills out at sea. Exercise 2) Geothermal heating and cooling is having another revival due to rising energy and oil costs. Geothermal heating uses the natural temperature of the ground at about 10 feet and below which averages about 68 degrees F. Trenches are dug or holes are drilled and plastic tubing is placed in them. The tubing is then filled with a circulating fluid, usually just water and heated to the temperature of the ground during circulation. The fluid then goes to a heat exchanger where the heat of the fluid is exchanged to the air, which in turn circulates through the house to warm it. On average, a geothermal heat pump saves about 7 out of ten energy units that would go into operating a standard heat pump. The main additional cost of adding a geothermal heat pump is in the installation of the tubing in the trenches or holes, which can be expensive because it requires special......

Words: 384 - Pages: 2

Free Essay

Strategic Linkages Assignment – Mgmt 410

...1. Why do you think is it important for HR to be a strategic partner to the business? Strategic partners (also called strategic allies) are two or more companies that work together in joint ventures. Strategic partners often share long-term relationships and all parties within the partnership strive towards similar goals. Partners also do not get in the way of each other. Instead, they reinforce one another in order to obtain their set business objectives. For an HR department to be a strategic partner for a business, they must understand the strategic plan of that business, and vice-versa. Strategic planning produces fundamental decisions and actions that shape and guide what an organization is, what it does, and why it does it. It requires broad-scale information gathering, an exploration of alternatives, and an emphasis on the future implications of present decisions. Planning simply improves decision-making. And, all levels of management and partnership engage in planning. It is important for an HR department to be a strategic business partner because it allows them to be able to work in (and with) every other department in an organization. There’s even a strong need for the HR function to adopt a more strategic and business-like approach too. Due to this type of involvement, workers at all stages of employment will become familiar with, and trust, the HR team. Some corporations may even find it beneficial having HR members present in corporate business meetings, so......

Words: 990 - Pages: 4

Premium Essay

Sec 410

...Physical Security SEC/410 August 12, 2013 Physical Security It is important for all organizations to have physical security. Physical security protects the organization in every way. Every individual needs to be aware of the importance of physical security. Not only is important for the individual to be aware of the importance physical security has in an organization but to be able to understand how physical security works within the organization. In this paper the writer will be describing the core concepts of physical security. Additionally the writer would be writing about the security assessments. Last the writing would be writing about the basic physical controls. The physical security is when security involves themselves in detection and the prevention of any unauthorized intrusion. The main idea of physical security is to protect every individual and organization at all times. Physical security needs to protect the organization from any threats. Some of the threats an organization could have is man-made threat, natural made threats and also terrorist threats. Physical security needs to be well train in any situation; in case of the fires the security needs to know each and every step he or she needs to done in others to protect the organization and the individual within the organization. Also in case of a intruder physical security knows how to handle it the right way and fast before he or she can’t commit any harm to the organization or the individual. It...

Words: 1194 - Pages: 5

Free Essay

Mgmt

...women 40 to 49 years of age. Methodological issues associated with existing breast cancer screening trials, such as compliance with screening, lack of statistical power, and inadequate information about inclusion or exclusion criteria and study population, heighten the need for high-quality trials to confirm the effectiveness of screening mammography in women in this age group. Furthermore, harms of screening in this age group, such as pain, radiation exposure, and adverse outcomes related to false-positive results, should also be studied. INTRODUCTION Breast cancer is the second leading cause of cancerrelated death among women in the United States. In 2005, an estimated 211 240 new cases of invasive breast cancer will be diagnosed, and 40 410 women will die of the disease (9). Screening mammography reduces breast cancer mortality in women 50 to 70 years of age. Although 25% of all diagnosed cases are among women younger than 50 years of age (9), screening mammography in this age group has remained a topic of debate because of the difficulty in determining the benefit of mammography in this age group. A meta-analysis performed for the USPSTF estimated that screening mammography every 1 to 2 years in women 40 to 49 years of age resulted in a 15% decrease in breast cancer mortality rate after 14 years of follow-up (7). However, the 95% credible interval for this estimate is wide and indicates that the reduction could be as much as 27% or as little as 1%. This relative risk......

Words: 4930 - Pages: 20

Free Essay

Mgmt

...McDonald’s Job Satisfaction Hai Viet Le haile1505@gmail.com MGMT 591-Leadership and Organization Behaviors Professor: Tad Hove Introduction McDonald’s is a one of biggest fast food company all around the world. They have more than 34,000 restaurants and serving around 69 million people over 119 countries each day. My position is with a team member as a crew of one of McDonald’s restaurant. Their main focus is improving performance by implementing changes to increase productivity. These changes can include improved validation rules for approving financial content to new software implementations to increase productivity. McDonald’s Corporation directly about 15% restaurant, they develop their business thought franchise agreement. By collection franchise fees and marketing fees help them have more chance to bring their restaurant go around the world. With some agreements in the contact, they make sure that the franchisee follow their rule that they have to build all of restaurant is exactly the same with the order. McDonald’s Corporation a. Brief History “Dick and Mac McDonald opened their eponymous burger stand in 1948 in San Bernardino, Calif. Under the guidance of Ray Kroc, a onetime milkshake-mixer salesman wowed by the restaurant's success, McDonald's franchises grew swiftly: by the end of the 1960s, there were more than 1,000 across the U.S. The first international franchise opened in 1967 in British Columbia” (James, 2009). On the other hand, with the......

Words: 3025 - Pages: 13

Premium Essay

Mgmt

...MGMT 301; Exam 2; Spring 2012Fall 2010 Dirty Dozen Review Just a quick little review for Exam 2! Remember, all of Chapters 3, 5, and 9 are on it AND the SWOT we did on the Ski Shop Engagement Sheet (SWOT is found in Chapter 6, but we’re only doing the things we did in class …) Here’s a dozen to try. Don’t forget … you might see these questions again! Directions: Please read the following scenario, then answer the questions that follow.                                                                                                                                          “Managing a Ski Shop” Your best friend’s sister and brother-in-law run the local ski shop near campus in your college town, but they have recently bought another type of business in another town. They want you and your friend to take over managing the ski shop. If you run it successfully, you and your friend will gradually be given substantial equity in the shop and eventually would own the whole business. So far, the shop has been only marginally profitable. Although the shop carries ski equipment and ski clothing, it has habitually run out of both during the peak skiing season. Extra merchandise hastily ordered to meet the demand has often arrived so late that it could not be sold until the next season, if at all. In addition, the shop does very little business from March through August. Due to a dispute over the size and prominence of the outside sign displaying the shop’s......

Words: 3179 - Pages: 13

Premium Essay

Mgmt

...MGMT 371 – Test 1 (9,1,2,4,7,8) Chapter 9: Managerial Decision Making Decision: a choice made from available alternatives Decision-making: the process of identifying problems and opportunities and then resolving them Programmed decisions: involve situations that have occurred often enough to enable decision rules to be developed and applied in the future Non-programmed decisions: are made in response to situations that are unique, are poorly defined and largely unconstructed, and have important consequences for an organization Certainty: all the information the decision maker needs is fully available Risk: a decision has clear-cut goals and that good information is available, but the future outcomes associated with each alternative is subject to change Uncertainty: managers know which goals they wish to achieve, but information about the alternatives and future events is incomplete Ambiguity: the most difficult decision situation; the goals to be achieved or the problem to be solved is unclear, alternatives are difficult to define and information about outcomes is unavailable * Can create a “wicked decision problem” which are associated with conflicts over goals and decision alternatives Classical-rational model: decision making based on rational economic assumptions and manager beliefs about what ideal decision making should be * Economics assumes that people are rational * How a decision maker SHOULD decisions (normative) * Considers all the......

Words: 4119 - Pages: 17

Premium Essay

Mgmt

...Latoya Harrell Cathy Whitfield Business Ethics-MGMT 368 13th January 2015 Kohlberg’s Scale On Kohlberg’s scale, I consider myself to be falling under the fifth stage of the third categorization. The third level which is post conventional morality has two stages, which is stage five which is social contracts and Individual rights and stage six: universal principles. I consider myself to be in stage five. This stage is concerned with a person’s ability to embrace and recognize the reason why differences exist in people’s values, beliefs, opinions and other inclinations of others. The level also maintains and recognizes the importance of the rule of law in maintaining order in the society (Ashford & Lortie, 2010). Kohlberg came up with a scale which he used to explain the learning of morality and the subsequent development of morality among the children and even adults. In an attempt to explain the process of morality development, he established the scale which is mainly based on learning of what is moral and what is not moral, with no regard to the actions of people. Kohlberg’s scale is divided into three main levels and each of the three levels has two stages of the process. The first level is the pre-conventional level. This level has stage one and stage two. Stage one is on obedience and punishment. Under this stage, both adults and children perceive rules as absolute and rigid. Total obedience of the rules is not a choice since it means avoidance of punishment. Stage......

Words: 721 - Pages: 3

Free Essay

Mgmt

...| Management Practice: Critical Analysis and Review MGMT.8001 SUBMITTED BY NILAM SANGROULA (NIEL) SUBMITTED TO Andriy Kovalenko Date of Submission: 13 April 2011 1. Introduction The article “Are vulnerable workers really protected in New Zealand?” is written by two authors namely, Danae Anderson, researcher at Work research Institute, Auckland University of Technology, NZ and Rupert Tipples, Associate Professor of Employment Relations in Faculty of Commerce at Lincoln University, Christchurch, New Zealand and is published in New Zealand Journal of Employment Relations, 39 (1): 52-67. This article is concentrated on exploring the working condition of international migrant workers and pacific workers in primary sectors and are categorised as vulnerable migrants using Sargeant and Tucker’s 2009 framework. The writers have claimed that though protective measures have been adopted to defend the vulnerability of the workers, the result is still speech making only. The article has clearly identified the research topic and used secondary sources of the information to address the research questions. The article has been successful in raising the concerns of vulnerable workers in primary sectors such as exploitation at work, underpayment, employment dependency, visa conditions, lacking of formal written contracts for employment likewise, the article has been able to pull the attention of the concerned authorities to work and rethink to promulgate the......

Words: 2001 - Pages: 9

Premium Essay

Devry Mgmt 410 Final Exam – Latest 2105

...DeVry MGMT 410 Final Exam – Latest 2105 IF You Want To Purcahse A+ Work then Click The Link Below For Instant Down Load http://www.acehomework.net/?download=devry-mgmt-410-final-exam-latest-2105 IF You Face Any Problem Then E Mail Us At JOHNMATE1122@GMAIL.COM MGMT 410 Final Exam 1. (TCO 2) Name and explain or define the goals of the training and development function of HRM. (Points : 40) Question 2. 2. (TCO 7) You are the recruiter and hiring manager for the position of vice president of sales for a company that sells athletic shoes on the West Coast. This position carries with it a number of unique responsibilities, including managing a department of 250 part-time and 50 full-time employees, a budget-making requirement, responsibility for P & L for the department, extensive weekly travel, a master’s-level education (minimum), and at least 10 years of experience in sales and 5 years’ experience in management. The salary and benefits package is $250,000. Your boss asks you which method of recruiting you will prefer to use and why you will use it. What downsides to your recommended method exist? What is your answer? (Points : 40) Question 3. 3. (TCO 12) Describe three types of flexible benefits programs and state the one you would recommend be implemented. Why would you pick that one program? Provide at least one solid business reason why. (Points : 40) Sources: • Question 4. 4. (TCO 8) Evaluate Kirkpatrick’s four levels......

Words: 1201 - Pages: 5

Premium Essay

Mgmt 410 All Assignments Week 1 to 7

...MGMT 410 ALL ASSIGNMENTS WEEK 1 TO 7 To purchase this visit following link: http://www.activitymode.com/product/mgmt-410-all-assignments-week-1-to-7/ Contact us at: SUPPORT@ACTIVITYMODE.COM MGMT 410 ALL ASSIGNMENTS WEEK 1 TO 7 MGMT 410 All Assignments Week 1 To 7 MGMT 410 Week 1 Strategic Linkages Assignment MGMT 410 Week 2 Case Study; Off-the-Job Behaviors MGMT 410 Week 3 Web Exercise; Understanding Job Analysis MGMT 410 Week 5 Simulation; JVA Corporation MGMT 410 Week 6 Case Study; A Perky Way to Productivity MGMT 410 Week 7 Case Study; Collective Bargaining at West University Activity mode aims to provide quality study notes and tutorials to the students of MGMT 410 All Assignments Week 1 To 7 in order to ace their studies. MGMT 410 ALL ASSIGNMENTS WEEK 1 TO 7 To purchase this visit following link: http://www.activitymode.com/product/mgmt-410-all-assignments-week-1-to-7/ Contact us at: SUPPORT@ACTIVITYMODE.COM MGMT 410 ALL ASSIGNMENTS WEEK 1 TO 7 MGMT 410 All Assignments Week 1 To 7 MGMT 410 Week 1 Strategic Linkages Assignment MGMT 410 Week 2 Case Study; Off-the-Job Behaviors MGMT 410 Week 3 Web Exercise; Understanding Job Analysis MGMT 410 Week 5 Simulation; JVA Corporation MGMT 410 Week 6 Case Study; A Perky Way to Productivity MGMT 410 Week 7 Case Study; Collective Bargaining at West University Activity mode aims to provide quality study notes and tutorials to the students of MGMT 410 All Assignments Week 1 To 7 in order to ace their......

Words: 793 - Pages: 4

Premium Essay

Devry Mgmt 410 Final Exam – Latest 2105

...DeVry MGMT 410 Final Exam – Latest 2105 http://www.spinwoop.com/?download=devry-mgmt-410-final-exam-latest-2105 For Further Information And For A+ Work Contact US At SPINWOOP@GMAIL.COM MGMT 410 Final Exam 1. (TCO 2) Name and explain or define the goals of the training and development function of HRM. (Points : 40) Question 2. 2. (TCO 7) You are the recruiter and hiring manager for the position of vice president of sales for a company that sells athletic shoes on the West Coast. This position carries with it a number of unique responsibilities, including managing a department of 250 part-time and 50 full-time employees, a budget-making requirement, responsibility for P & L for the department, extensive weekly travel, a master’s-level education (minimum), and at least 10 years of experience in sales and 5 years’ experience in management. The salary and benefits package is $250,000. Your boss asks you which method of recruiting you will prefer to use and why you will use it. What downsides to your recommended method exist? What is your answer? (Points : 40) Question 3. 3. (TCO 12) Describe three types of flexible benefits programs and state the one you would recommend be implemented. Why would you pick that one program? Provide at least one solid business reason why. (Points : 40) Sources: • Question 4. 4. (TCO 8) Evaluate Kirkpatrick’s four levels of training evaluation, and determine which level would be......

Words: 1185 - Pages: 5

Premium Essay

Mgmt

...MGMT 338 International Business August 26, 2012 KFC’s Radical Approach to China The Factors Behind Their Success Westernized fast food chains are steadily growing in foreign countries. Kentucky Fried Chicken is one of the leading U.S. fast food chains currently in China. There are several factors that have contributed to KFC’s rapid expansion and success in China. The story of KFC in China is one of great success on an economic level, as well as a great example of international business. There are many factors behind KFC’s success in China which include, five competitive advantages: infusing a Western brand with Chinese characteristics, expanding rapidly, developing a logistics network, training employees in service, and focusing on ownership rather than franchising. KFC is part of the Yum! Brand, which also owns Pizza Hut and Taco Bell. KFC China’s success in the international market has all been due to its five competitive advantages. The first of these advantages is infusing a Western brand with Chinese characteristics. KFC China makes sure that even though it is a US chain and restaurant it has worked hard to assimilate into the Chinese culture. They have done this by offering a variety of menu choices that cater to the local cuisine. They have also expanded their kitchens and their workforce to be able to produce and accommodate for the additional menu options. Extended families are a big part of Chinese culture; KFC China has acknowledged this by......

Words: 898 - Pages: 4