Amith HRM Corner

Performance Management Performance management is the process of creating a work environment or setting in which people are enabled to perform to the best of their abilities (Lucidchart.com, 2019). Performance management is a whole work system that begins when a job is defined as needed. It ends when an employee leaves your organization. Performance management defines your interaction with an employee at every step of the way in between these major life cycle occurrences. Performance management makes every interaction opportunity with an employee into a learning occasion. Components of a Performance Management System The performance management system may contain all of these components, but it is the overall system that matters, not the individual components. Many organizations have been able to develop effective performance management systems without all of the following practices. A performance management system includes the following actions Develop clea...

Effects of Globalization on Human Resources Management Globalization of Human Capital Globalization has attracted the mind of every successful businessman and the concept of Global Village is a common issue in the modern business world. What really the globalization is? The answer seems simple "if a firm or an organization expands its sales or production beyond the national boundaries, then itis globalization", but it does not cover the real meaning of the term. Globalization actually means more, much more than that; it is realizing that there is a big world out there, geographically, that reaches far beyond our small community and that the world is getting closer to us all the time. Globalization is the realization that, whether we like it or not, this big world is becoming an ever increasing factor in our daily lives. The concept of globalization today has invaded the globe and the national boundaries have been virtually eliminated. So what is the effect of th...