Trends in Selection Methods Assignment Example | Topics and Well Written Essays - 1500 words

Trends in Selection Methods - Assignment Example Also, the process of selection creates a base for practicing adequate employee motivational strategies. When the abilities and personal traits of the candidates for a job are assessed, the goal is not just to identify the individuals that can rightly do the job, but it is actually about choosing candidates that would actually accept to work when offered to and would tend to develop a long term relationship with the company, beneficial both for the employee and the organization. Thus, selection should ensure retention which means â€Å"the existence of an ongoing employee relationship† (Huang, Lin and Chuang, 2005). There is a certain cost associated with the process of selection, which goes into the training of the very personnel that are given the responsibility if recruiting employees for an organization, so that they may perform their duty adequately. However, the added cost is balanced by the increased retention that surfaces as a result of right selection of employees. â €Å"It is widely acknowledged that traditional selection interviews are unreliable predictors of which candidates are likely to be successful performers.† Rational practices: â€Å"Best practice† and â€Å"best fit† are two of the most fundamental and rational employee selection practices. The â€Å"best practice† is a perspective that emphasizes that many HR policies that also include the system of reward motivate the employees to work hard, while the â€Å"best fit† requires the managers to align the rewards with the strategic goals of the organization so that it may gain competitive advantage in the market (Morris and Maloney, n.d., p. 2). Many organizations do not make use of these practices and hence the performance of employees declines. There is dire need to take care of these matters along with making the selection procedure more reliable so that the difference between the expected and observed performance of the employees can be minimized. Analysis of interview as a selection tool: Although use of interview as a selection tool has been subjected to a lot of controversies in conventional recruitment practices, yet its efficiency as an assessment tool can not be denied. Particularly for the jobs in which assessment of an individual’s verbal and social skills are a critical factor, interview does the job efficiently. It helps the interviewer to make a sharp judgment not only of the candidate’s quickness of response, but also his/her fluency in the language demanded. In addition to estimating the candidate’s job related knowledge, the interviewer may also retrieve any supplementary information he/she may deem important in the context of a particular job. Likewise, the candidate may also ask the interviewing staff any questions that are influential upon his/her decision to join the organization. Hence, an interview is quite flexible in its structure and can be modified as required in an attempt to dra w the best conclusions both for the interviewers and the candidate. Sometimes, the interviewer is able to improve the process of interview for the rest after having conducted it with the first candidate. Because of its open nature, existing staff interviewing a candidate face-to-face may well assess if he/she can adjust in the very culture of an organization. This reduces the verisimilitude of interpersonal conflicts in the organization after the candidate is hired. In addition to that, selection through interview is a cost effective process. However,

Revenue management in Hotel industry Essay Example | Topics and Well Written Essays - 500 words

Revenue management in Hotel industry - Essay Example identified three conditions which would be necessary for revenue management: there should be adequate fixed resources for sale; the resources should be perishable; and customers should be willing to pay different prices for the resources. Hotels sell rooms as fixed inventory which are highly perishable and attract different prices depending on size, location and availability of unique features. Appropriate forecast enhances identification of cost drivers leading to development of appropriate measures of performance. It would enable an organization understand how operational drivers affect its financial performance outcomes. As budget forecasts are highly dependent on demand and supply, hotels should consider their room occupancy and the charged rates should increase with increase in reservations. But in practice, this does not happen and Salerno (2012) argues that most hoteliers would blindly set rates for future and then get disappointed. Poor accuracy of budgets still remains a problem in many organizations. When forecasts are made way above or below the budget, the organization risks making bad decisions based on the incorrect projections. This would also cause the management to pay less attention to budgets as they become unreliable and not trusted. Generally, inaccurate forecasts significantly affect revenue management system performance as the organization will suffer lack of proper planning (Weatherford & Kimes, 2003). When the forecasts are set so high, Hayes and Miller (2011) argue that the forecast then becomes a motivational tool for increased performance and not a revenue management tool. However, the authors note that no organization should seek to make inaccurate forecasts. These inaccuracies would be a result of deriving facts from poor tools of budgeting such as spreadsheets fed with wrong formulae. Limited time for employees to come up with good projections and their subsequent lack of motivation could also be a reason. Additionally, sidelining

Risk management and insurance Essay Example | Topics and Well Written Essays - 500 words

Risk management and insurance - Essay Example an insurance agent, one is charged with the responsibility of contacting potential clients, selling different types of insurance, and explaining policies to customers (U.S. Bureau of Labor Statistics, n.d.). While the job can be greatly rewarding, it also has a lot of challenges especially for beginners. The insurance agent may have to walk the streets soliciting customers. The hustle involved in trying to convince potential albeit disinterested customers to buy an insurance policy seems too much for me especially considering that I am not as social as the job may demand. I especially do not like to engage complete strangers walking along the streets. Dealing with people unknown to me is especially stressful since they may hurl obscenities at me without any considerable provocation. In many cases, insurance companies place no requirement for working as an insurance agent. In any case, the insurance agents do not need much to be licensed to start working – passing a state administered licensing exam and taking a short course on insurance suffices to join the trade. While some may prefer to work with college graduates, this requirement is more often than not overlooked in a bid to find the right candidates for the job. In order to work as an agent, one may take economics and business courses (Career Planning.about.com, n.d.). This is not the case when dealing with insurance attorneys. Every organization wants to work with a competent insurance attorney which means that the candidate has to be well trained at college or university level at the least, law being a major component in his/her training. According to the requirements instituted by companies seeking insurance attorneys, it is beyond doubt that the candidate is better placed to earn much more than the insurance agent who may be earning on commission basis. According to the U.S. Bureau of Labor Statistics (n.d.), the median annual wage for agents stands at about 46,770 USD which is significantly lower

Employee Perceptions of Equity in Performance Appraisals Essay

Employee Perceptions of Equity in Performance Appraisals - Essay Example This proposed study is of considerable interest as performance appraisals rest solely on the judgment of the appraising manager and the process generally lacks a "bias  This proposed study is of considerable interest as performance appraisals rest solely on the judgment of the appraising manager and the process generally lacks a "bias   Research Proposal 3control" methodology. These judgments inherent in appraisal often decide compensation and career progression and the employee has little or no opportunity to influence the outcome of this process (Davis & Landa, 1999).  Bias, not necessarily negative, can also be attributed to relationships between the appraising manager and other employees, in which the rater may inflate the performance rating of another employee based on closeness and camaraderie. This creates a situation where performance appraisals are perceived as unfair, damaging manager/employee relationships.  Because of these factors, this study will identify the di fferent types of appraisal bias, where these biases stem from, and how long-term, working relationships between manager and subordinate can be strengthened through possible bias control methods. In order to assess these factors, the following questions will be analyzed through primary research within the study:1. To identify employee perceptions of the performance appraisal process –  Ã‚  What sources of perceived bias exist in contemporary business organizations?

Implications of Organisational Identification Essay

Implications of Organisational Identification - Essay Example A clear and meaningful strategy supported by the staff is a key component of organization’s functional efficiency and financial success, if the organization is a for-profit business. So, the question managers frequently ask themselves is how to achieve that state of business performance when the company is totally supported by its employees in all of its goals and urges. Devotion, loyalty, hard work, passion and efficiency is what each business wishes to see in its employees. However, it is not always easy to hire or bring up employees that feel themselves as a part of the company. Still, a potential solution exists. The concept of organizational identification is what can help an employer to achieve such a goal. Since organizational identification is a rather important aspect of organizational behaviour, the goal of this paper is to research and analyse various aspect of organizational identification. In particular, the given work will present the concept of organizational id entification in relation to employees’ performance, business communication and corporate social responsibility. Body According to Dutton, Dukerich and Harquail (1994, 240), organizational identification refers to how a person perceives one’s own identity and self-concept in relation to organizational identity. It means that organizational identification is about how an individual sees oneself in the organization, how organizational goals and strategies are aligned with those of the individual. So, it can be said that organizational identification is the degree to which employees associate themselves with the employing organization, as well as what common attributes the organization and the individual have. Belonging to a certain group, such as family, race, sex, company or society, for instance, forms social identity of an individual – that is person’s knowledge and feeling of belonging to some social group (Tajfel 1972, 31). On the other hand, individual s are the ones who help such groups to survive. The positive effect of person’s feeling as a part of some group is in-group favouritism (Bartels 2006, 1). Such favouritism leads to individual’s being cooperative towards other members of the group, singling that group out, and showing corporate citizenship behaviour in an organization. So, in relation to corporate environment, such in-group favouritism is called organizational identification. Mael and Ashforth (1992, 104) define organizational identification as person’s â€Å"perception of oneness with or belongingness to an organization, where the individual defines him or herself in terms of the organization(s) of which he or she is a member† (Mael and Ashforth 1992, 104). The resent studies prove that strong and positive organizational identification has a very positive impact on organizational behaviour and performance. In particular, employees with positive organizational identification show better pe rformance, lower absenteeism, and higher levels of job satisfaction (Riketta and van Dick 2005, 490). For that reason it might be suggested that companies devote more attention to the level and state of their employees’ organizational identification. This will improve individual performance of the people, as well as the performance of the whole organization. A research conducted by Efraty and Wolfe in 1988 tends to

Evidence-based Policing Essay Example | Topics and Well Written Essays - 250 words - 2

Evidence-based Policing - Essay Example 128). It offers a new approach to policing because it encourages the application of best practices from relevant literatures contrary to the traditional way of â€Å"just doing things the way they’ve always done it.† Encouraging law enforcers to look at relevant researches and adapt any best practices that are specified in literatures is one of the advantages of evidence-based policing because it helps in structuring their thinking and approach to various situations. Another advantage of this concept is that it is created to further help reduce the crime rate in the country by adapting new tactics and police responses that are proven effective by previous researches. On the other hand, one essential disadvantage of evidence-based policing is that not all procedures, results, and recommendations from previous researches are always reliable. Most of the time, adapting research procedures and policies may not be sufficient to address some situations, not to mention that not all law enforcers are knowledgeable, or trained, about proper implementation of these strategies. Evidence-based policing was, during the early 1990s, applied to resolving issues on domestic violence (Flynn, 2011). The traditional method of addressing this issue led to increasing cases of domestic violence. However, after using the concept of evidence-based law enforcers eventually realized their possible shortcoming in resolving domestic violence issue. They changed their method of handling these kinds of disputes that later on resulted to a sharp decline in domestic violence cases. Another example is when this concept was used to resolve street-level narcotics issue (Flynn, 2011). The traditional method of seizing the culprits did not apparently suffice to resolve the problem. After applying the concept of evidence-based, most police jurisdictions modified their traditional way of handling this concern. Instead, they created and enforced comprehensive, centered,

Questions Essay Example | Topics and Well Written Essays - 500 words - 28

Questions - Essay Example This is especially useful in approach to new products because it involves seizing new opportunities after consideration of the company strengths. An evaluation seeks to check whether the implemented projects were effectively realized as per the original strategic visions. Overall objectives of a company can never be met in solitude. It takes shared resources as well as commitment. Experts from various departments and even outside companies and consultancy groups come together to manage the decisions that are sound to operations of the company. With their diverse backgrounds, they are able to make decisions valuable to a company visions. An organization may seek market leadership through a collection of methods such as low cost products of superior quality and great innovation. However, projects are the most outward methods that the organization can use to measure achievability of the objectives. A company may be efficient internally as well as externally and this can be seen from the way objectives are effectively met. Comprehensive scope analysis is very important planning technique. This is because it specifies the contents of the work as well as the outcomes of the project. Scope analysis helps put in mind the amount of resources required and the level and amount of activities required completing a project. A comprehensive scope analysis takes into account several steps to be put to mind to make sure that the success is guaranteed. At this stage, a conceptual development is put into account to make sure that the best methods of achieving the goals of the project are the ones that are primarily used. Scope analysis also has a scope statement which seeks to put a limit to the development level of the project that is required. With consideration of six important steps, with each step serving a specific purpose, the benefits of scope analysis