Competitive edge comes from the quality of people. Competitive advantage means positioning your company ahead of other companies in order to achieve superiority in quality, low cost, value or innovation.
The business side of the process begins with the strategic _____ as the guiding framework.
The business side of the process begins with the strategic plan as the guiding framework. Strategic planning is an organizational management activity that is used to set priorities, focus energy and resources, strengthen operations, ensure that employees and other stakeholders are working toward common goals, establish agreement around intended outcomes/results, and assess and adjust the organization’s direction in response to a changing environment.
Individual level where people are usually motivated to close the gap between their current and desired ______.
Individual level where people are usually motivated to close the gap between their current and desired capabilities. The individual level is directly connected to the interpersonal level as the process of socialisation occurs from when we were born from people around us. The individual level is considered to be the strongest level in determining whether an individual participates in sport.
HR professional should apply risk management techniques to the different aspects of ________.
HR professional should apply risk management techniques to the different aspects of HR Strategies. The HR strategy is based on the organizational strategy. The HR strategy touches on all the key areas in HR. These include recruitment, learning & development, performance appraisal, compensation, and succession planning.
Developing characteristics of people needed to run business in ________ .
Territorial issues tend to be well disguised. Sales operations adjust territories at least annually and usually include input from first line managers, who bring local knowledge to the table. When making adjustments to territories, they consider workload, relationships, and even sales rep characteristics such as tenure and experience.
________ suggests Human Resource Strategy in itself may not be effective.
Tony Groundy suggests Human Resource Strategy in itself may not be effective. HR Strategy (Human Resource Strategy) is a designation for a long-term plan created to achieve objectives in the field of human resource and human capital management and development in the organization. Human Resource strategy is one of the outputs of strategic management in the field of human resources management.
Pettigrew & Whipp identified ________ central factors for managing change successfully.
Pettigrew & Whipp identified five central factors for managing change successfully. The five factors are "environmental assessment," "leading change," "linking strategic and operational change," "human resources as assets and liabili- ties," and "coherence." It refers to a process pattern that is shared among higher- performing firms.
________ executives take a full part in the strategic planning process.
Training & Development executives take a full part in the strategic planning process. Strategic plans help identify what an organization is striving to achieve and maps out the necessary steps needed to be successful.
________ aims to put a financial measure on an organisation's intellectual capital.
Knowledge exchange aims to put a financial measure on an organisation's intellectual capital. Information and knowledge can be defined as today's thermonuclear weapons. Knowledge is stronger and more valu- able than the natural sources, huge factories or swollen bank accounts. Organizations perform by using three types of capital: Physical Capital, Financial Capital and Intellectual Capital.