Process of Planning: 8 Major Steps of Planning – Explained!

Everything you need to know about the process of planning. Planning is deciding in advance what is to be done; it is a projected course of action. To plan is to propose a forward programme for guiding the future affairs of an enterprise. Planning is the opposite of improvising. “It is organised foresight plus corrective […]

Process of Human Resource Planning: Step by Step Process

Everything you need to know about the process of human resource planning. Human resource planning is a two-phased process by which management can project the future human resource requirements and develop suitable action plans to accommodate the implications of projections. Thus, human resource planning is the process of developing and determining objectives, policies and programs […]

Job Evaluation Methods: Top 5 Methods of Job Evaluation

Everything you need to know about the methods and techniques of job evaluation. According to I.L.O. job evaluation as “an attempt to determine and compare demands which the normal performance of a particular job makes on normal workers without taking account of the individual abilities or performance of the workers concerned.” As per opinion of […]

Characteristics of an Entrepreneur

Everything you need to know about the characteristics and features of an entrepreneur. Entrepreneurs start their own business enterprise in small size and make it a good fortune. To take their organisation to great heights the nature innate characteristics and general qualities are the factors behind the success of an entrepreneur. In the words of […]

Human Resource Planning Process

The process of human resource planning seeks to ensure that the right number and kinds of people will be at the right places at the right time in the future. According to Davar, the process of human resource planning basically involves four steps: 1. Anticipating manpower needs; 2. Planning job requirements and descriptions; 3. Analysing […]

Process of Job Analysis in HRM

Everything you need to know about the process of job analysis. Job analysis is a staff function. In order to carry out job analysis, we need a trained and highly efficient job analyst. The job analyst can be a member of the HR department, provided we have such an expert in the HR department. If […]

Human Resource Planning

Everything you need to know about human resource planning. Human resource planning is defined as a process, which includes forecasting, developing and controlling, by which an organization ensures that it has the right number of people and the right kind of people, at the right place at the right time doing work for which they […]

Functions of Human Resource Management

Everything you need to know about the functions of human resource management. The functions of Human Resource Management can be divided into two categories: 1. Managerial Functions, and 2. Operative functions. Functions of Human Resource Management: Managerial and Operating Functions Functions of Human Resource Management: The functions of human resource management may be classified as […]

Employee Selection Process (with Steps)

Employee Selection Process consists of a series of steps. The strategy and method used for selecting employees varies from firm to firm and from one job to another. Employee Selection Process: 9 Steps, 7 Steps and 12 Steps Employee Selection Process in HRM: Employee Selection Process consists of a series of steps. The strategy and […]

Functions of an Entrepreneur: 22 Important Functions

Everything you need to know about the functions of an entrepreneur. The basic function of an entrepreneur is to identify a profitable business and then to venture into it. For this, he has to chart a plan of action ranging from the idea conceived to actual running of business. The functions of an entrepreneur differ […]

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