How does social science based organization theory describe the business firm? Sociology, political science, social psychology and ethnology have inspired two almost classical perspectives. One theorizes the firm as an arena for strategic behavior. The other underlines the way social pressure mechanisms structure a moral community dimension. Two additional approaches exist, less explored. The firm …
I’m writing this to present a means of quantifying a corporation or organization in much the same way as one would an NPC. While we cannot use Combat, Move, Mental, and Physical groups as measures for such institutions, I’ve presented five characteristics that will serve as a framework for measuring the capabilities and activities. These …
An organization (or organisation — see spelling differences) is a social arrangement which pursues collective goals, which controls its own performance, and which has a boundary separating it from its environment. In the social sciences, organizations are studied by researchers from several disciplines, the most common of which are sociology, economics, political science, psychology, management, …
The task of the manager or organisation designer is to examine the firm and its situation and to design a form of organisation that meets its needs. A partial list of contemporary alternatives includes such approaches as downsizing, rightsizing, reengineering the organisation, team-based organisations and the virtual organisation. These approaches often make use of total …
Competencies comprise the knowledge, skills, values and attributes demonstrated through behaviour that results in competent and superior performance. Competency describes what superior performers actually do on a job that produces superior results. Armed with this information, selection, retention, training, succession planning and performance management systems can be integrated and designed to attract, develop and retain …
The law of diminishing returns is a concept in economic theory. It states that the output per input (productivity) declines if the input of a production factor is increased over a certain limit. Under the name law of diminishing returns actually exist two different concepts: one classical and one neoclassical. These concepts bear similarities but …
Better recruitment and selection strategies result in improved organizational outcomes. The more effectively organizations recruit and select candidates, the more likely they are to hire and retain satisfied employees. The objectives of this study were to: * Identify general practices that organizations use to recruit and select employees. * Determine which recruitment and selection practices …
Excellence, innovation and creativity are the foundations on which the company builds its business, and staff comprises a handpicked team of the best possible people. To build this team, the company undertakes an extremely thorough and comprehensive recruitment process, and seek applicants who satisfy a broad range of criteria in terms of their ability to …
The recruitment and selection is the major function of the human resource department and recruitment process is the first step towards creating the competitive strength and the strategic advantage for the organisations. The recruitment process is immediately followed by the selection process i.e. the final interviews and the decision making, conveying the decision and the …
Recruitment refers to the process of sourcing, screening, and selecting people for a job or vacancy within an organization. Though individuals can undertake individual components of the recruitment process, mid- and large-size organizations generally retain professional recruiters. Contents 1 The recruitment industry 1.1 Traditional recruitment agency 1.2 Online recruitment websites 1.3 Headhunters 1.4 In-house recruitment …