Hrm and Business Perperctive

Apr 30th, 2015
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HRM IN BUSINESS PERSPECTIVE: Societal Analysis of Organizational and individual performance Create values for the society Scio-economic Development Civilization and culture What an individual can not do, can be done by a group or an organization

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Hrm and Business PerperctiveHRM IN BUSINESS PERSPECTIVE: Societal Analysis of Organizational and individual performanceMG Jomon, XLRIWhy Organizations at all ?...Create values for the society Scio-economic Development Civilization and culture What an individual can not do, can be done by a group or an organizationMG Jomon, XLRIOrganizational membershipAs long as organizations create values for the society Seizes its right to exist the moment it does not add value as expected by the societyMG Jomon, XLRITypes of organizationsBusiness organization Institution NGO Government Judiciary Media\Press Citizen group Family Fundamental group/Terrorist group MG Jomon, XLRIOrganizational/Institutional PerformancePerformance Indexes: High productivity High Quality Cost effectiveness Growth and diversification Corporate Social Responsibility Financial indicators (Based on balance sheet) MG Jomon, XLRIOrganizational PerformanceCases: Tata steel: Contributions to the city and India Infosys: Aspirations of the middle class come true Nuclear Deal - Governmental performance Cricket world Cup in 1983 - Team Abhinav Bindras gold Medal in Olympics Individual performance MG Jomon, XLRISocietal PerformancePerformance Indexes: Per Capita Income Gross National Product Gross Domestic ProductUNDP Report Indexes: Human Development Index (HDI) Human Poverty Index (HPI) Gender Related Development Ind

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