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if the core competency or the baby boomers of the organization are not effective then they would pose hindrances to business growth. One should not forget that there is something called opportunity cost in business. The cost of opportunities foregone for making a decision regarding business is related to cost of task not undertaken. It can be compared with Go error and Drop Error which says that if you drop a favorable concept, it would harm your business and if you take up a wrong idea that would also be an error. SO as we see that if core competency is lacking then it may lead to unwanted opportunity loss for the organization on the whole. The ROI is bound to be low in such case.
What else can I help you with?
How the manager to maintain the equilibrium between the needs of the organization and the needs of its employees?
In many ways the needs of an organization are the same as the needs of its employees. The ability to earn a profit as example is a need of the organization and helps fit the needs of employees to be paid properly. Thus profits and pay to employees are tied together. As an additional example, an organization needs to attract and retain employees to work in the organization. To do this, the organization must pay fairly and have good benefits to satisfy employee needs.
What is the process through which employees are adapted to an organization's culture?
Institutionalization
Is management the backbone of any successful organization?
Management, employees and effective business processes are the backbones to a successful organization. There are other factors that contribute to an organization's success as well.
Why is hierarchy important in an organization?
The type of hierarchy in an organization affects the span of control. It also affects how employees communicate to senior managers.
How is human resource important to organisation?
By making sure that the right person is selected for the right job Ensuring that there is no employee turnovers in the organization, seeing that the employees are doing their best and by ensuring that the employees are well trained for their jobs to improve effectiveness to make the organization successful.
Do all employees get a cost of living increase?
depends of the company you are wirking , if the organization is unionize ??
Are organization politics healthy or unhealthy?
There are both healthy and unhealthy forms of organization politics. Those that help create a well-managed, controlled organization are healthy, while those focused on manipulation, gossip, and favoritism are damaging to the organization as a whole.
What are the managerial implications of borderless organization?
When an organization is borderless it implies that the organization empowers their employees. By empowering their employees, you can assume that the company values creative minds.
Are board members considered employees within the organization?
No, board members are not considered employees within the organization. They are typically volunteers who provide oversight and guidance to the organization.
How employees participation helps to improve productivity of the organization?
since they were employees definately they will play their role to increase the production of the organization
Why can employees be disciplined?
Discipline refers to the actions imposed by an organization on its employees for failure to follow the organization's rules, standards, or policies.
In today's world marketing should be done by employees in an organization?
In today's world, marketing should be done by ________ employees in an organization.
When was National Weather Service Employees Organization created?
National Weather Service Employees Organization was created in 1976-07.
How the manager to maintain the equilibrium between the needs of the organization and the needs of its employees?
In many ways the needs of an organization are the same as the needs of its employees. The ability to earn a profit as example is a need of the organization and helps fit the needs of employees to be paid properly. Thus profits and pay to employees are tied together. As an additional example, an organization needs to attract and retain employees to work in the organization. To do this, the organization must pay fairly and have good benefits to satisfy employee needs.
When organizations refer to 'human resources' what do they mean?
Personnel or employees who work for the organization.
What is the collective noun for employees?
The collective noun is a staff of employees.
When was the Employees Provident Fund Organization of India formed?
The Employees Provident Fund Organization of India is a statutory body of the Government of India under the Ministry of Labour and Employment. The organization is formed in 1952.
