RESOURCE ALLOCATION IN STRATEGIC MANAGEMENT REQUIRES KNOWLEDGEABLE HRM THAT PLACES THE RIGHT HUMAN RESOURCE COMPATIBLE AND CAPABLE OF PERFORMING A SPECIFIC TASK OR FUNCTION EFFECTIVELY TO MEET ORGANIZATIONAL GOALS.
It is important that employees understand the strategic vision of the form so that the decisions they make day-to-day further the company getting to that vision. If people don't know where they are supposed to be going, the chances of getting there are slim. That doesn't mean they need to understand strategic management, just that they understand the plan and goals that came out of the strategic management process.
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what mean of management
Global management is management conducted in international businesses. Global management includes hiring practices, financial management and accounting practices for the business.
'Resource Allocation' is a management terminology phrase for the scheduling of activities and resources needed to complete them whilst taking into consideration both the time needed to complete and effort it will take.
Very well thought out. Hope this helps :)
what is mean of extrapolation in management practise?
economic resources-land, labor and capital-will be used for their most valuable purposes.
Recruitment and selection processPerformance appraisalAttritionRetentionCustomer satisfactionstress managementcompensation structureorganization cultureRecruitment and selection processPerformance appraisalAttritionRetentionCustomer satisfaction
ETOP in strategic management stands for Environmental Threat and Opportunity Profile. Preparing ETOP involves analyzing the impact of each sector of the environment.
What do you mean by Human Resource Management? Also discuss, in brief, both the 'managerial' and the 'operative functions' of Human Resource Management.
I think you mean levels of management? Strategic Tactical Operational
It is important that employees understand the strategic vision of the form so that the decisions they make day-to-day further the company getting to that vision. If people don't know where they are supposed to be going, the chances of getting there are slim. That doesn't mean they need to understand strategic management, just that they understand the plan and goals that came out of the strategic management process.
Maintenance Resource Management (MRM), human-error reduction in aviation maintenance operations
ERP means Enterprise Resource Planing.It is used in Business management.
Analyzing your resources involves assessing the assets available to you, such as financial capital, human resources, technology, and physical infrastructure. It helps in understanding how these resources can be leveraged to achieve your goals and make informed decisions about resource allocation and investment. This process can identify strengths and weaknesses, enabling you to make strategic choices that optimize your resources for maximum impact.