The Field Of Strategic Human Capital

Organizational structure has been set up to facilitate all goal achievements. It is a way to motivate their employees and get them to work together. It also helps its employees to follow the organizations goals, and work together as a team. In order to do this, they need to have an organized structure to be able to run the company smoothly. A main foundation of every organization is to post their mission statement and goals everywhere so that their employees can see them. An organizational culture can consist of common shared beliefs and values that are established by the organization’s leader, and then communicated and reinforce through various methods, this helps shape employee perceptions, behaviors and understanding. Overall, organizational structure and culture can effect progress of many organizations in a positive and negative way.

Today 's fast-paced, competitive business environment has resulted in "rediscovery" of the human resource management function as a group that may be able to enhance firm competitiveness and performance by being "strategic" (Dyer & Kochan, 1995; Ulrich, 1997). Strategic Human Resource Management is a term describing an integrated approach to the development of Human Resource Strategy that will enable the organization to achieve its goals (Armstrong, 2005). Whiles strategy is an action that managers take to attain one or more of the organization’s goals. Strategy presents a general direction set for the company and its various components to achieve a desired state in the future. This results from the detailed

The organizational culture can encourage or discourage effectiveness, depending on the nature of the values, beliefs, and norms” (Ivancevich, Konopaske, & Matteson, 2011). Organizational culture can be very friendly, very task oriented, competitive or driven to be highly productive or it can be disorganized and unproductive. The culture is based on the history of the company and the atmosphere that is created and nurtured over time. This culture guides the language the employees use their loyalty and many more areas. Organizational culture is an important social characteristic that influences organizations, group, and individual behavior with in a company (Hartnell, Ou, & Kinicki, 2011). The Culture of an organization affects the way people behave, how they address customers, the atmosphere, perception, values, and beliefs. Employee’s performance and effectiveness can also be determined by an organization’s culture. Every organization has its own culture based on shared expectations, values and attitudes and its influence on individuals and groups (Ivancevich et al., 2011). People inside of an organization have a big effect on the culture because of their values, beliefs, and ideology. Companies try to hire people who have the same values as the company so that they will fit into the organization. People stay with organizations that have a

Corporate values and culture is the guide for employees to advance in pro of the organization common mission. Even though that values and culture are interlinked they are not the same. However, they work jointly to pursue the similar outcome. The culture of the organization should be the representation of the main values. Usually values are created from the upper management and culture will grow with the actions of the people in the organization (Kotter, 1992). In order to control these actions the organization must control the process of communicating and fortifying the values. If this

An organization 's human capital must be aligned to the business strategy so that every employee is focused on the same goal.

The single most critical problem that the managers are facing today is managing the people.This is the most challenging issues that every kind of organizations is dealing with now aday. Organizational behaviour is the study of individual, group and organization as a whole that examines the effect of organizational structure and culture on organizational performance. Therefore, it mostly tries to define the performance and efficiency factors of anorganization.Organizational structure and organizational culture are highly correlated performance factors.It basically defines the appropriate structure of an organization in order to get more thanaverage performance. Organizational culture is a primary factor for employee turnover and job satisfaction (Bolden, 2004). If an organization possesses a strong culture of self-respect and employee affiliation, it is no wonder that the employee retention rate would be very high(Tracy, 2013).In this report, the relationship between organizational culture and organizational structure will be pointed out. While doing so we

Since organization culture is the combination of many factors there are several factors that could affect it. Among the internal factors to consider are the company’s approaches to their processes, is the company more into results and profits or product quality and employee’s safety. Management style is another important feature that affects corporate culture micromanage companies tend to have less motivated employees. Technology these days influence organizations at all levels as the company’s approach to technology will go hand on hand with bettering processes. New factor affecting corporate culture these days is the different work arrangements that are needed these days with the implementation of flexing time and tele-working had commuting acceptable. The management approach to work environment, communication style will definite affect organization culture.

Organization culture should be considered to re-aligned which means the company should take into account attitude and personality towards to target customers, shared values and behaviors towards to its employee of the organization. The ways of organization culture changes to align business strategy includes the characteristics of making decisions relating to management and choosing people to fill key jobs (Schwartz& Davis,1981). In the research of Denison & Mishra (1995) in the organization cultures and effectiveness showed that perceived involvement and participation on the part of organizational members predicted both current and future financial performance. These can determine the ways in which the organization and its people make a decision

This article is about the importance of organizational culture in a company and the effect it has on employees, both in their incoming and outgoing stages. Within the context of the literature, Daly (2017) equates an organizations culture to the way a person behaves or acts due to their personality and suggests that if an organization does not know how it wants to define itself or be seen, it is difficult to employ people because it is hard to understand how they will fit within your company (para. 2). Included is reasoning that explains why organizational culture is important and how it can affect your company positively if there is a strong culture because it gives employees a better sense of loyalty and

Developing a culture within an organization is very important. The culture of the workplace can control the way employers behave amongst each other, customers, and those outside of the organization. Every organization has its very own unique style or working that often contributes to its culture. The values, beliefs, and principles of an organization helps form its culture. Having a healthy culture is very important and encourages the employers to become motivated and loyal to the company and management. Having a healthy culture can also promote competition. Employers within a company love to be recognized for all their hard work and be shown that they are appreciated by their supervisors. For everything to flow accordingly, there must be set guidelines, rules, and regulations for the employers to work accordingly. These rules and regulations are put in place to help guide the employers in the right direction, and to be clear that everyone knows their role in the organization. It is imperative that employers know how to accomplish tasks and goals in the beginning.

Organizational culture has been described as shared values and beliefs that underline a company’s identity. A strong culture that encourages employees from the top to the bottom in adaptation and change can increase organizational performance by energizing and motivating employees, shape behaviors, unify personnel in the goals / objectives and align employee’s actions with the priorities of the company (Daft, R., 2013). Creating a constructive culture should be a manager’s top priority because the right culture will propel a company into a top performer in its industry.

There can be factors to increase the effectiveness within the businesses. As organizational culture acts as base of business, this paper will analyze effectiveness through organization stand point. This paper also covers various aspects and elements of organization culture. The different dimension include involvement, care about clients, transmission of information, collaboration, learning, strategic direction, system of control, reward and incentive system, communication, integration and coordination.

Defining human capital is inclusive of: (1) the strategic framework; and (2) the core strategic activities. ( All About Human Capital, nd) The strategic framework is reported as the "set of principles and guidelines to which all strategic HR activities should adhere." (All About Human Capital, nd) The framework is reported to be comprised of the following: (1) the HR strategy which is required to be aligned completely with the strategy of the company; (2) the Performance Culture; (3) HR is

In simple words, culture is the way organizations do their things. This can be seen on things repeatedly done by organizations. Culture and strategy shapes each other. They go hand in hand. Let us imagine of an organization without any traces of its history, how will its corporate culture look like? In such a case, this proves to us that what will come up as a company`s culture is determined by the actions selected by it. In order for a company`s culture to blend well with its strategy, there must be a clear formed strategy which considers various stakeholders in the company and include the participation of all members. When “excellence” belongs to the values of an organization high performance will be incorporated and shows in the corporate goals. There will be more ambitions than the goals of leading competitors, and there will be stretched goals for managers.

Organizations strategize on different areas of their business. But there may be many challenges that they have to confront while meeting those challenges Therefore they need the best of the ‘human factor’ in their organizations to execute their strategies. This paper aims at identifying the challenges being faced by the managers of companies with regard to human capital.