Archive for the ‘Resource Management’ category

Enhancing Stakeholder Value with Resource Management Software

October 2nd, 2011

Traditionally businesses have always considered how to maximise shareholder value, and maximise their bottom line – their profit. However business in the 21st century has begun to evolve, with company’s looking at maximising stakeholder value, not just shareholder value. Businesses have begun to acknowledge that the true success of a company and honest achievements of its mission is fulfilled by considering all stakeholders, not simply the shareholders.

Therefore, in the pursuit to maximise the value for all stakeholders, Resource management software can play a critical part. It is something that most people overlook and fail to realise, however resource management influences the value created for customers, employees, managers, shareholders, along with the broader community and environment. » Read more: Enhancing Stakeholder Value with Resource Management Software

human Resource Management (part 3)

October 2nd, 2011

Article by Thessayist Network

4.5 OverviewBearing the above stated in mind, it is apparent that the literature on compensation not only highlights the extent to which its judicious use can constructively contribute to the maximisation of organisational efficiency but, significantly, the degree to which it can influence positive developments in organisational culture. Compensation leads to the maximisation of employee motivation levels and, accordingly, to the enhancement of both productivity and innovation. When compensation schemes are institutionalised they become an integral part of the organisation