Reflective Summary Of Strategic HRM MHancock Essay

Reflective Summary of Strategic HRM Meredith Hancock Grand Canyon University: MGT-434 1/11/15 Professor Mike Crawford Reflective Summary Introduction: The Organization evaluation is used to assess the overall performance of The Cellular Store. This performance review is based on the performance management, retention, diversity management, and hiring. This evaluation pays a vital role in employee raises, promotions, and company growth. The objectives established for this year will push the company to higher levels, but still have that hometown feel. These objects address the requirements of The Cellular Store organization, regarding retention, performance improvement, and the implementation of the diversity†¦show more content†¦With the development of effective training programs The Cellular Store will update all the products in the store, train all up and coming management teams to be ready for retirement, and decrease their advertising costs (Generator, 2014). Hiring and Retention The Cellular Store must recruit a quality staff. It is necessary to offer compensation packages that include their pay, holiday hours, and overtime pay. If at their year or semiannually review an exceptional review could possibly result in a pay raise and a promotion. Total compensation will include sick days that accrue 4 hours for every full month worked, vacations days will begin after a year and will go as follows: One year = one week paid vacation Three years = two weeks paid vacation Five years=three weeks paid vacation Ten years= five weeks paid vacation In addition to sick time, and vacation days, the total compensation package will include optional pay raises and promotions at time of review, 401K options, and medical benefits. The new policies are essential in the Employee Handbook that was given to each employee at time of hire. Performance Management Cycle Plan Performance elements describe what have been done and the standards inform how effectively they have to be done. There are five phases to follow to have a successful performance plan. The accomplishment of the performance appraisal process is as follows: Planning work in advance

Communist Manifesto s Impact On 19th Century France

Fred Eder Dr. Suran World Civilizations A April 21, 2015 Communist Manifesto’s Impact on 19th Century France Growing up in the United States, communism immediately causes people to cringe. Yes many attempts at communist societies have gone horribly wrong, however the motives behind communism are powerful. They hope to tear down the social classes that capitalism forms, they hope to educate women and form a society where the proletariat is paid for their work by the government in order to distribute the wealth evenly. The Communist Manifesto is a political pamphlet explaining the communist beliefs. The Manifesto’s effect on history cannot be stressed enough. It had an immediate impact in 19th century France. The powerful messages embedded within the Communist Manifesto impels people to take action, serving as a driving force in the French Revolution of 1848, and is recognized as the platform for which the Paris Commune based their government off of. The Communist Manifesto, written by Karl Marx and Friedrich Engels, is a political pamphlet summarizing Marx and Engels political theori es on communism. Marx and Engels were German authors and revolutionaries with unique ideas for their time. Engels joined the Communist League in 1847, where he outlined twenty-two questions about communism in the â€Å"Draft of the Communist Confession of Faith†(Engels). These ideals were restructured and published four months later in his piece, â€Å"The Principles of Communism†. Marx saw value inShow MoreRelatedThe Great Philosophies From The 19th Century1386 Words   |  6 PagesBrandon Letts Mr. Mykytyn HZT 4U1 - 02 17 Friday 2016 One of the greatest philosophies from the 19th century was Karl Marx. The German native born May 5 1818 was known for his works as not only a philosopher but an economist, journalist revolutionary socialist and sociologist. 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The Things They Carried By Tim O Brien - 1067 Words

Every one of us has experienced a strong emotional fear, and in that moment of stress, we learn more about who we are. The short story â€Å"The Things They Carried†, by Tim O’Brien, follows the lives of soldiers trying to survive the emotional and physical stresses of the Vietnam War. Throughout the story, O’Brien juxtaposes the physical weight of the supplies that the soldiers must carry with the immeasurable weight of their intense emotional experiences. The theme of â€Å"The Things They Carried† is the burden of fear, which O’Brien portrays through the counter-weight of objects the soldiers cling to for consolation and escape. Some men turn to objects that remind them of love, no matter how unlikely it is that they are loved back. Other men†¦show more content†¦Love is a powerful force, and Lieutenant Cross sometimes gets lost in his musings while thinking of Martha. O’Brien writes: â€Å"His mind wandered. He had difficulty ke eping his attention on the war. On occasion he would yell at his men to spread out the column, to keep their eyes open, but then he would slip away into daydreams, just pretending, walking barefoot along the Jersey shore, with Martha, carrying nothing.† Like any sane person in his situation, Lieutenant Cross wants to escape – to anywhere else but the war. The war brings terrible experiences – fear, death, hunger, and pain beyond imagination. The only way that Lieutenant Cross can endure these things is by escaping to an imaginary life with Martha. Although to her, he is little more than a friend, to Lieutenant Cross, Martha represents innocence, perfection, and a world free from war. While Lieutenant Jimmy Cross turns to love, other men turn to physical objects they carry for comfort. Henry Dobbins, an overweight man, finds comfort in food. Dobbins greatly enjoys eating food and uses food in the same manner that Lieutenant Cross uses love. No matter what happens each day during the war, as long as Dobbins can carry his pack and survive, at the end of the day he will be able to enjoy peaches in heavy syrup over pound cake. Dobbins also carries a heavy M-60 machine gun with extra ammo, for when the

Evaluated on the Basis of Financial Criteria

Questions: 1. Context Line : One to two sentences that should provide a clear and concise statement of the issues and consequences (i.e. why the reader should read the memo).2. Action Line : One to three sentences that is like a conclusion but should provide An excellent clear concise statement of how to resolve the issues (i.e. what do you, as the crafter/s of the Memo want the reader to do). Memo 1 Mr. de Ville, the owner of Tasman Ian de Ville Holdings Ltd. (TIDH) has asked you to evaluate five investment projects. TIDH has a $10,000,000 investment budget, an investment hurdle rate of 11.0 %, and the owner has a requirement that all investments have a Payback Period (PBP) of under 3.5 years. Also, Project 2 brings the offices and warehouse up to the current fire code and the listed savings are the facilitation payments that will no longer need to be made to inspectors to avoid the office being shut-down. Year end Project 1 Project 2 Project 3 Project 4 Project 5 01 -$830,000 -$200,000 -$850,000 -$5,000,000 -$350,000 02 100,000 350,000 800,000 350,000 03 100,000 500,000 800,000 350,000 04 100,000 700,000 800,000 350,000 05 800,000 -2,650,000 06-30 1,000,000 800,000 350,000 Answers: 1. Context Line The investments should be evaluated on the basis of financial criteria and the projects with better NPV scope should be considered for the purpose of investment. (Self, 2012) 2. Action Line The decision of positive flow to the investors is being selected after the following is done. The project should be evaluated on the basis of various factors such as payback period of the project, present value of the project, profitability index etc. Project payback is same so the decision is based on NPV.(Punder, 2009) The fourth project would be accepted because of the consistency in the savings from the project and hence the amount of inflows that arise from the project is huge. The company should make sure that the project is approved based on the net value of the projects as it could be seen that the inflow of $800000 is the best option from the point of view of the company as a whole. The non financial factors can only be considered in the case if there are some continuous revenue generating factors from the project.(Zine.com, 2007) The project evaluation criteria would vary from the ways used to evaluate based on the scenario of the positive present value projects. The company focuses on the benefit that derives after investing whereas company is having a cost of capital of 11% the project needs to give some profits that is only possible in the case of project 4 for Mr. De Ville. (Flings, 2012) Bibliography Flings, B. (2012). Before you agree to a major project, a proper financial analysis is a must. Find out which analyses offer the most insight for your situation. Biz Flings , 1-1. Fraser, S. (2013). The risk-based audit approach. CA Australia adnd NZ , 1. Perry, L. (2014). Auditing Special Purpose Frameworks: Risk Assessment. Accounting WEB , 1. Punder, I. (2009). Use of Discounted Cash Flow Methods for Evaluation of Engineering Projects . INCTECH , 1-17. Self, C. (2012). Reasons For Using Cash Flow in Capital Budgeting. Chron , 1-1. Zack, M. (2013). Audit and Risk. article , 1. Zine.com, M. (2007). Evaluating Cash Flow Results. MoneyZine , 1-1.