How to achieve HR Operational Excellence in Global Corporations Research Paper

How to achieve HR Operational Excellence in Global Corporations - Research Paper Example In order to survive in this tough competitive world it has become essential to achieve organizational excellence. Organizational excellence is a broad term and encompasses excellence in every department of the organization including finance, marketing HR and operations. In order to achieve excellence it is absolutely essential to have an integration of key departments of an organization. This has been aided by use of high end technology in business processes which include functional integration packages like an ERP which help in linking the different departments of an organization under one single unit. Organizations are also employing different efficiency techniques like TQM and Six Sigma in their operations which have helped them in creating competitive advantage in the business markets. Operational excellence has become the buzzword for business organizations across the globe. Multinational organizations like Wal-Mart and UPS have developed expertise by employing technologies whic h has helped in integration of departments as well as generation of organization efficiency. Wal-Mart is a classic example which has set benchmarks in the retail industry by adopting an efficient ERP program which has helped in creating large scale competitive advantage as well as generation of economies of scale and scope which have helped in creating entry barriers for organizations trying to capture the market share in a consumer market. This assumes considerable importance considering the fact that organizations need to have efficiencies so as to sustain the level of competition. Adoption of efficiencies also assumes significance considering the fact that business organizations operate in rapidly changing situations which demand greater flexibilities form the organization. This is only possible when an organization adopts innovations in operations and operational excellence as a part of its business strategy. Operational and organizational excellence includes three essential com ponents. Firstly it requires the top management of an organization to have the vision so as to identify the crucial factors at an appropriate time; these factors should be such that they help in adding value to the organization as well as to all the stakeholders including the customers of an organization. Secondly, organizational efficiency also calls upon organizations to achieve excellence and other necessary technological machinery so as to achieve large scale efficiencies in the organization. Thirdly organizational excellence and efficiencies also requires organizations to have the ability to ensure continuous betterment of business operations and its sustainability in the long run. Innovations are also crucial for organizations in their quest for organizational excellence as they not only generate organizational excellence but also help in generating competitive advantage in the form of cost savings and value addition to the product offering. Adopting innovations in processes l ike procurement help in generating cost advantage for an organization whose benefits could be passed on to the consumers to add value and affordability in the product offer

To what extent does personality predict employee performance How do Essay

To what extent does personality predict employee performance How do personality traits translate into individual's profession - Essay Example Behaviorists assumed people to be no more than a set of a myriad of learned responses to various environmental stimuli and reinforcements (Ayers, 2007). However, most of the contemporary research has opted to reject these two views due to their extremism. Contemporary research now takes a more commonsense approach in attempting to clearly define personality, the approach taken by this research is careful not to overlook some of the common traits such as sociability and persistence which are key in the determination of an individual’s behavior (Ayers, 2007). Personality traits are defined as various dimensions of a single individual’s personal differences they are essentially a set of distinguishing characteristics and qualities of a given individual. Traits determine the readiness of a person to consistently act, think or feel in a relatively similar manner when exposed to a variety of situations and stimuli (Ayers, 2007). The Different Concepts and Theories Used to Det ermine and Individual’s Personality and Their Personality Traits There are essentially two approaches that are used in the determination of an individual’s personality. These two approaches are the idiographic and nomothetic approach. The idiographic approach essentially tries to study the given individual’s personality as compared to another individual. In trying to gain a critical and deeper understanding of the individual, it looks at the person’s complexity, uniqueness as well as the richness. Over time, there are several key concepts and theories pertaining to personality that have been developed. One of these theories is the theory formulated by Carl Jung that is used to classify individuals as either having and introverted personality or an extraverted one. According to this theory, introverts tend to be reliable, shy, quiet and often like to plan things well in advance, this is in addition to their often being pessimistic. Inversely, extraverts ar e seen to extremely sociably as they often do not like being alone, they often tend to have a lot of friends, have an optimistic nature and tend to enjoy parties. In formulating this theory, Jung is seen to make a personality type matrix that is mainly based on four key functions that are normally used by people in the event that they are other individuals, situations or things. These four functions are feeling, sensing, intuition and thinking. According to Jung, everyone tends to make use of these functions but the inherent proportions tend to be vastly different. Jurgen Eysenck also developed a trait theory that has continued to be largely influential. The theory developed by Jurgen have been shown to mainly be genetically based. The model developed by Jurgen offers a means that helps in appropriately linking behavior, traits and types. The theory claims that each individual person essentially has a certain set of various identifiable traits which eventual form a trait cluster and the successive personality structure is then found to be hierarchical (Hayes, 2005). It was Charles Horton Cooley who was responsible for the development of the looking class self-concept.