What are the solution measures of timely completion of our development projects
Answers
Answer:
Explanation:
. Technological Innovation:
Rapid technological changes and innovations are taking place all over the world. As a result of these technological changes, technical personnel are increasingly required. Hence, procurement of technically skilled employees is necessary to match the changing job requirements.
2. Economic Factors:
Economic conditions influence financial “health” of the organisation. Under favourable economic conditions, expansion of existing programmes and creation of new programmes are very likely.
With less favourable or deteriorating conditions, contraction or cancellation of some programmes may be necessary.
Thus, a number of economic factors affect human resources management of an organisation by influencing its operations.
3. Employee’s Organisations:
Employee’s organisations have mustered strength that is parallel to the growth of industrialism.
Labour unions seek to bargain with management over the terms and conditions of employment for their members.
As a consequence, most HR activities are subject to joint decision making when employees are represented by a union.
4. Labour Markets:
In labour markets, organisations seek employees (demand for labour) and individuals offer their availability to organisations (supply of labour).
Labour supply and demand have implications for all activities, but particularly for compensation and external staffing.
Moreover, they are generally not subject to organisation control, thereby creating potential turbulence and uncertainty for HR management.
5. Changing Demand of Employers:
Organisations also undergo changes and consequently their demands for employees will also change.
The technological revolution and neck-to-neck marketing competition amongst most of the organisations demand that the existing employees adapt to the every changing work situations and learn new skills, knowledge etc., to cope with the new changes.
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Answer:
Explanation:
1. Technological Innovation
2. Economic Factors
3. Employee’s Organizations
4. Labour Markets
5. Changing Demand of Employers