The Affordable Care Act ( Aca ) - 1297 Words

Introduction The Affordable Care Act (ACA), officially called the Patient Protection and Affordable Care Act (PPACA) or what many are calling â€Å"Obama Care† is a US law that reforms both healthcare and health insurance industries in America by increasing the quality, availability, and affordability of private and public health insurance to uninsured Americans. It does this through many provisions including; new regulations, taxes, mandates, and subsidies. In addition, expanded Medicaid to millions in states that chose to expand the program (including Minnesota) and is working to curb healthcare spending in the US. The topic I chose to focus on was the affects it has on the revenue cycle of Hospitals. According to the Departments of Health†¦show more content†¦However, there are pros and cons to this reform. Some things that I consider pros would be that they seem to have more covered services in turn keeping people healthier, and fewer uninsured individuals resulting in fewer unpaid medical bills. Although the ACA will make revenue cycles more complex for hospitals, possibly lengthen the revenue cycle, and have complicated payment responsibilities I do think it will give providers the opportunity to improve and excel by adapting the new revenue cycle management (RCM) and acquiring new capabilities that can give them the opportunities to thrive. While there will be revenue growth from newly insured patients, there also will be significant reductions to both Medicare reimbursement and disproportionate share dollars. According to a final rule that implements some provisions of the act the ACA, â€Å"requires aggregate reductions to state Medicaid disproportionate share hospital (DSH) allotments annually from fiscal year (FY) 2014 through FY 2020, at the same time as the marketplace and Medicaid are providing increased coverage options that will reduce uncompensated care levels for hospitals†. The health reform will expand the access to care but will also add complexity, current market trends (pre-authorizations), as well as new government requirements (new MS-DRG system, ICD-10-CM transition etc.) which will require providers to

The Effect Of College Preparation On High School Students

The Effect of the College Preparation on High School Students Preparing for college in this day and age is a whole new level of competition. High school students are now packing their lives full of activities and hours studying to look like the best candidate for their top choice schools. High school juniors are now not just striving to do well on standardized tests, but to get the perfect score, and anything less than a 4.0 GPA just won’t do. The little free time that these students have is filled with clubs, sports, volunteering, or even all three. Universities are becoming more and more selective, which is driving students to outdo their peers to claim their spot at their dream school. I didn’t make even a fraction of the effort that these students are, and even I felt the pressure. I can’t even begin to fathom how hard these students are working, and the amount of pressure they are under. Reading the stories of these students drove me to want to find out more. We all know how stressful preparing for college can be, but I suspect that these students are far more stressed out than most people are aware of. It’s not just the countless hours of studying and extracurricular activities that are stressful, the applications themselves are too. A study was conducted by Julie Vultaggio, assistant dean of the Doctor of Education Leadership program at Harvard, and Stephen Friedfeld, a cofounder of the admission counseling group AcceptU, surveyed forty-two college students. TheShow MoreRelatedAcademic Plagiarism And Academic Dishonesty932 Words   |  4 Pagesguide for the chapter test that day? Lack of preparation is a huge contributor to academic dishonesty. Forgetting to study can cause those who would not usually cheat to stoop low and look at someone else s work. Some students rely on cheating to make their way through high school or college. Academic dishonesty is a way lazy students take advantage of hard working students. Whether the academic dishonesty is caused because of the lack of preparat ion, a poor work ethic, or by having a poor homeRead MoreWhere Are You Planning On Going For College?978 Words   |  4 Pagesâ€Å"Where are you planning on going to college?† This is a question most will encounter when in their four years of high school in the United States of America. By the time high school students are seniors they are expected to know the college degree that will best suit their future career. Many of these students, not knowing the exact career they want to achieve, will pick a major to study in college that interests them. However, they generally have little to no experience in the career path they pursueRead MoreStandardized Testing Is Negatively Affecting The Quality Of Education Essay1467 Words   |  6 Pagesstandardized tests will probably continue long after the twenty-first century (29). How can people see the ‘love’ in this use of testing that has negative long-term effects on students? Why should the controversies live on beyon d this modern century? Standardized testing is negatively affecting the quality of education given to the students; most likely caused by teachers teaching more to the favor of the test, and youth feeling marginalized by the unequal education opportunities given and standardizationRead MoreWorking Class Students and Higher Education Essay1325 Words   |  6 Pages　　　　Working Class Students and Higher Education 　　　Authors Michelle Tokarczyk, Peter Sacks, Robert Haverman and Timothy Smeeding all write about certain problems that working class students are facing in education in the U.S. , especially in college education which is usually defined as higher education. Although they focus on different aspects of the problem, they still have some ideas in common. In their articles, all of them discuss how economic and social class occupies a very significant roleRead MoreDual Credit Classes At Carrizo Springs High School896 Words   |  4 PagesIn recent years, the majority of students enrolled in dual credit classes at Carrizo Springs High School, specifically the English class, have shown that they are not prepared for the workload and expectations of this college level class. Consequently, many of these students end up dropping the course after the first semester and find themselves in overcrowded â€Å"regular† English classes. If these students had received pr oper preparation and instruction in writing prior to their senior year andRead MoreThe Downfalls Of Standardized Testing Essay1221 Words   |  5 PagesDownfalls of Standardized Testing A high school student wakes up knowing today is the big test day. It will determine whether he graduates and has the chance to go to college. At the turn of the first page, his stomach drops; his best subject is not even covered on the test. If this is true for many students across the nation, why and how are standardized tests able to measure their capabilities? Testing has consumed the time and attention of schools, teachers, and students. It has controlled classroomRead MoreThe College Board And Act Nonprofit Organizations1341 Words   |  6 PagesThe College Board and ACT nonprofit organizations, known for developing and administering the Scholastic Aptitude Test (SAT) and American College Testing (ACT) assessment respectively, represents higher education’s widely accepted college readiness determinant for prospective students. These examinations empirically measure a student’s grasp of reading, writing, and mathematics – subjects taught every day in high s chool classrooms. As a result, they typically constitute a significant proportion ofRead MoreDefinition Of The Problem Of Public Schools776 Words   |  4 Pagespublic schools in the United States is typically the responsibility of states and local communities†. (Anderson, L.) Parents make decisions about their children s education with the hope that they are receiving a quality education that prepares them for college and eventually a successful career. The amount of funding available for education influences the effectiveness and efficiency of the institution. The enrollment population along with teacher-student ratio are inputs which effect learningRead MorePreparing for College646 Words   |  3 PagesPreparing For College It is the dream of everyone to join college with the hope of getting a better tomorrow and a foundation for them to make it in life. However, this may not be the case with some students as this dream may turn into a nightmare. This is because many students fail to go through or others even fail simply because they have not prepared enough; not just academically but also on the personal side. Many college students lack vision, they still have not found their purpose toRead MoreCollege And Career Readiness For College Students Essay1720 Words   |  7 PagesAs the United States economy requires more students to obtain college degrees, the number of students entering college unprepared becomes a pressing concern. According to Bragg Taylor (2014) growing concern of college and career readiness (CCR) in the United States is requiring policy makers and educators to review factors that contribute to success. When students enter college unprepared, remediation courses are taken costing the student monies for skills that could have been completed prior to

Impact of Internal and External Environment on Business Function Free Essays

Football refers to a number of sports that involve, to varying degrees, kicking a ball with the foot to score a goal. The most popular of these sports worldwide is association football, more commonly known as just â€Å"football† or â€Å"soccer†. Unqualified, the word football applies to whichever form of football is the most popular in the regional context in which the word appears, including association football, as well as American football, Australian rules football, Canadian football, Gaelic football, rugby league, rugby union,[1] and other related games. We will write a custom essay sample on Impact of Internal and External Environment on Business Function or any similar topic only for you Order Now These variations of football are known as football codes. Various forms of football can be identified in history, often as popular peasant games. Contemporary codes of football can be traced back to the codification of these games at English public schools in the eighteenth and nineteenth century. [2][3] The influence and power of the British Empire allowed these rules of football to spread to areas of British influence outside of the directly controlled Empire,[4] though by the end of the nineteenth century, distinct regional codes were already developing: Gaelic Football, for example, deliberately incorporated the rules of local traditional football games in order to maintain their heritage. 5] In 1888, The Football League was founded in England, becoming the first of many professional football competitions. During the twentieth century, the various codes of football became amongst the most popular team sports in the world. [6] information Football is the game which is played on the rectangular grass. It is played with the ball. In this game, the goalkeeper is the only player who allowed to use their hands and arms to propel the ball. The main purpose of the game is to score by manoeuvring the ball into the opposing goal and the remaining members of the goalkeeper are use their feet to kick the ball into a position. The team that scores the most goals by the end of the match wins. The width of the fields for the non-international matches is in the range of 50-100 yards and the length is in the range of 100-130 yards. The international adult matches may be 64-75 meters in width and the 100-110 meters in length. In the front of each goal, there is also a one area for the penalty. Football game has been established with the team sport and it is played by two teams of 11 players. It is one of the most popular game in the world. In this game, the points are scored in a variety of ways, by throwing the ball to another player, including carrying the ball over the goal line or kicking the ball through the goal posts on the opposing side. The main object of the game is to score a point by just clicking the ball into the goal of the other team. There is also a one referee and the two assistant referees. The basic equipment for the players are required to wear a footwear, shorts, socks, shirt and adequate shin guards. But the goalkeeper must wear the clothing for the easily distinguishable from that worn by the other players and the match officials. Compare OddsUse the mashbet website to compare online bookmakers and find out who is offering the best odds for the sporting even you want to bet on. Professional Punting Elite Ratings: A Leading provider of Professional Punting strategies and the best customer service in horse betting tips. 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The following year, in 2009, he won his first Ballon d’Or and FIFA World Player of the Year awards. He followed this up by winning the inaugural FIFA Ballon d’Or in 2010, and 2012. He also won the 2010–11 UEFA Best Player in Europe Award. At the age of 24, Messi became Barcelona’s all-time top scorer in all official club competitions. At age 25, Messi became the youngest player to score 200 La Liga goals. Commonly rated by commentators, coaches and colleagues as the best footballer in the world and as one of the greatest layers in the history of the game,[2][3][4][5][6][7] Messi is the first football player in history to win four FIFA/Ballons d’Or – all of which he won consecutively – as well as the first to win threeEuropean Golden Shoe awards. Messi has won six La Ligas, two Copas del Rey, five Supercopas de Espana, three UEFA Champ ions Leagues, two Super Cups and two Club World Cups. In March 2012, Messi made Champions League history by becoming the first player to score five goals in one match. He also matched Jose Altafini’s record of 14 goals in a single Champions League season. Messi became the first player to top-score in four successive Champions League campaigns. Messi set the European record for most goals scored in a season during the 2011–12 season, with 73 goals. In the same season, he set the current goalscoring record in a single La Liga season, scoring 50 goals. On 16 February 2013, Messi scored his 300th Barcelona goal. On 30 March 2013, Messi scored in his 19th consecutive La Liga game, becoming the first footballer in history to net in consecutive matches against every team in the league. Messi was the top scorer of the 2005 FIFA World Youth Championship with six goals. In 2006, he became the youngest Argentine to play in the FIFA World Cup and he won a runners-up medal at the Copa America tournament the following year, in which he was elected young player of the tournament. In 2008, he won his first international honour, an Olympic gold medal, with the Argentina Olympic football team. SportsPro has rated Lionel Messi as the second-most marketable athlete in the world. His playing style and stature have drawn comparisons to compatriot Diego Maradona, who himself declared Messi his How to cite Impact of Internal and External Environment on Business Function, Papers

Human Resource Practices and Their Impact on the Organization

Question: Discuss about theHuman Resource Practices and Their Impact on the Organization. Answer: Introduction: India has witnessed drastic changes in manufacturing and service sectors since last few years. It was an outcome of globalization, government reforms, high-end technology and huge potential as market place. The increasing number of youths in India is an opportunity to reap the fruits for their motherland unlike before. The campaigns like Digital India, Make-In India and Start-Up India have attracted the foreign investors. On the other hand, existing businesses have great expectations too. As the nature of business is changing day-by-day, meeting the needs of customers has become a serious concern. Hence, choosing right candidates for right jobs coined with international competitiveness is the priority of human resource departments in most of the companies in India. Hence, they have been experimenting new, innovating practice which makes them unique. HR Practices and Cultural Differences in India: India is multi-linguistic, multi-religious, multi-cultural country. One can observe Unity in diversity there. India has rich heritage of festivals, customs and traditions. The values, ethics, attitudes and thinking patterns are associated with culture. However, diverse workforce is a challenge to the firms. Around 20% companies in India are incapable to achieve HR goals (Ernst Young, 2015). Human resource department has to design policies keeping their cultural difference in mind. Practices in the areas like performance appraisal, recruitment selection, staff induction, career management, health and safety affect on the workforce. It would be interesting to study few of them. Recruitment Selection Practices: As aforementioned, diverse workforce may be a challenge to the companies in India. However, it should not exist if innovative practices are incorporated at workplace. On the other hand, it could work as opportunity to human resource department. Psychometric tests will enable the recruiters to identify the potential and likelihood of individuals to bridge the gap. Family background, level of education, family system, age factors, beliefs, and values can be linked with job requirements. For example, marriage system in India is unique. As a result, referral system is working effectively for talent pool. Again, if couple is working in the same firms, they should not be hired for same department. It would create competitive work environment (Muduli, 2012). The local young talent is familiar with the current market trends and customer needs. A cultural difference is a platform to foster the culture of creativity and innovation at workplace. It generates new ideas and works best to achieve common organization goals. Once likelihood is created, synergy takes place in the team. Problem-solving is easier. Collective responsibilities are fruitful exercises. Conflicts are minimized to the great extent. Talent management in terms of leadership excellence is sometimes difficult. This is because leaders are directly involved in the decision-making process. They are policy-makers for the organization whereas the team members are policy-followers. Hence, human resource professional should be conscious on hiring such leaders who can influence the team with great people acceptance. The leaders who are familiar with the cultures, customs of respective country can work better for the team. For example, leave management. If the team has Hindu, Muslim and Christian members; the leaves could be given based on their respective festivals like Diwali, Id and Christmas respectively. Overlapping, mismanagement can be avoided. Sometimes, geographical conditions play vital role in the success of any business. Regional languages matter in the growth and market share. To give an example, north Indians choose Hindi and south Indians English as their preferred language after mother-tongue. Hence, regional language speakers are given preference along with English and Hindi languages based on their key roles, responsibilities and nature of job. The recruitment and selection practices may be different based sectors, company culture and philosophy and nature of business activities. Service sector has the largest share in India as compared to manufacturing and others. The giant leader like Tata Group is proactively involved in Automobile, steel manufacturing, FMCG, telecommunication, IT and so on. The company is known for its best culture and employee-centric activities. It may not be the same case for other companies. In short, every organization should understand the socio-economical and cultural differences while recruiting and selecting potential candidates. The closest match will ensure long-term relationship with the employer in terms of commitment (Searlea, 2011). Career Management: Hilton Worldwide is a giant leader in the hospitality industry. The company has emphasized on women leadership. It will increase women professionals from 14% to 20% in 2017. It has 13 women leaders in India and hoping to increase the number too. Five days a week and flexible working hours will ensure work-life balance for women to manage their careers. Internal job postings are integral part of career management. Specially, the sectors like IT/ITES providing free or affordable transport enabled many professionals to make work life feasible (Chand, 2011). It is interesting to know that Day Care Centres for the babies are opened in the company premises. The mothers can feed and come back to work stations. It is appreciated by women communities. Ganesh festival, Diwali, Christmas are celebrated to the great extent. It leads to communal harmony and better job satisfaction. Fun while work proves to be stress-buster. Some of the renowned firms have reinforced to pursue further education for employees. The classes of specified courses are conducted on weekly-offs (i.e. Saturday, Sunday). Sometimes, 50% fees are reimbursed by the company. For example, Indo-German Company from Pune has designed policy for its staff to motivate and make them familiar with German language and culture. Max Mullar Bhavan is appointed as training partner. They have trained 200+ employees on German language within the company premises. It created value-chain system with local touch as well (EXL, 2014). Likewise, project management, new short-term courses are made available online via Citrix Learning. Those who completed courses with remarkable achievements will be preferred during internal postings. On the other hand, domestic market is also targeted by the multi-national companies. The campaign like Digital India has created ample business opportunities for software giants like Infosys, Wipro, Tata Consultancy Services a nd others in huge reforms in the banking sectors. Smart City Projects expect techno-savvy towns. Here, human resources officers have preferred local young talent with regional languages to understand the acute needs of the market. Foreign companies who are looking to expand their business in India have to take care of cultural differences. If they can do this, profit margin will increase. Recently the series of festivals is started and it will continue for long time. HR policies should focus to tap such business developers who are eager to catch the momentum and increase sales targets. The buying behavior is more favourable in these days. The losses could be recovered and cost-effectiveness is feasible. Here, part-time or work-from-home will create some space for the company as back-up. The constraints of time, local transport, home-responsibilities can be overcome. The employee retention would no more be simply a dream but reality too. Conclusion (Recommendations): There is a direct link between human resource practices and organizational performance. The unique and customized practices will transform HR professionals from officers to business partners. It is imperative to the firms to make an effective use of Demographic dividend. It is possible when the organizational policies are aligned with cultural diversity. The best HR practices certainly add value in terms of brand management, community involvement, corporate social responsibility (CSR) etc. Global + Local = Glocal approach makes the organization unique and the best employer to work for. These practices affect in terms of competency mapping, employee engagement, attrition, customer-centricity etc. SWOT (Strengths, Weaknesses, Opportunities and Threats) and PEST Analysis (Political, Economical Environmental, Social Cultural and Technical) could be the best ways. These exercises can be done both for individuals and organization. These days, marketplaces are also integrated within it. H R practices can redefine the path of success for an organization for sustainable and secure business growth. HR practices have potential to transform from human resource to human capital through cultural diversity. References: Budhwar, P. (2012). Management of Human Resources in Foreign Firms operating in India: The Role of HR in country-specific headquarters. The International Journal of Human Resource Management, 23 (12), 2514-2531. Chaturvedi, A. Hilton Worldwide bringing global HR practices to India for better work-life balance, more women workforce, The Economic Times, 30th August, 2016, Services. Retrieved from https://economictimes.indiatimes.com/industry/services/hotels-/-restaurants/hilton-worldwide-bringing-global-hr-practices-to-india-for-better-work-life-balance-more-women-workforce/articleshow/53919559.cms Goyal, R. Anand, M. (2012). A Study of HR practices and Their Impact on Employees Job Satisfaction and Organizational Commitment in Pharmaceutical Industries. International Journal of Business Trends Technology- Volume 2, Issue-3. Jaina, H. (2012). HRM innovations by Indian and foreign MNCs operating in India: A survey of HR professionals. The International Journal of Human Resource Management, Vol. 23(5). Krishnan, R. Lowe, R. (2015). Talent Trends in India, 2015: People and Organization. Ernst and Young LLP: Kolkata. Schatsky, D. Schwartz, J. (2015). Global Human Capital Trends 2015: Leading in the New World of Work. Deloitte University Press: Texas. Rao, T. (2014). HRD Audit: Evaluating the Human Resource Function for Business Improvement. Sage Publication: Delhi. Rao, K. Recent Trends in critical HR management practices, Deccan Herald, 15th March, 2011, DH Avenues. Retrieved from https://www.deccanherald.com/content/146027/ipl-2012.html Searlea, R. (2011). Trust in the employer: the role of high-involvement work practices and procedural justice in European organizations. The International Journal of Human Resource Management, Vol.22 No. 5 Sung-Choon, H. K. (2013). Strategic HR functions and firm performance: The moderating effects of high-involvement work practices. Asia Pacific Journal of Management. Som, A. (2012). Organizational Response through innovative HRM and re-design: A comparative study from France and India. The International Journal of Human Resource Management Vol.23 No. 5 Weber, K. (2013). Talent, Transformation and the Triple Bottom Line: How Companies Can Leverage Human Resources To Achieve Sustainable Growth. Wiley Publishers: San Francisco.

Accidentally Becoming a Gold Medalist free essay sample

It was simple. Lift the weight and win. The only thing standing between me and my medal was my competitor and what looked like a hundred pound bar. The bar seemed to daunt me as I tried to figure out how to lift it without making a fool of myself. As I looked to the side, trying to forget about the intimidating bar, I saw a boy, and another one, and another one. As I took a closer look, I began to realize that only boys had entered the weightlifting competition. They glanced at me wondering why a scrawny eight year old girl had entered the competition. I began to doubt myself. I realized then, that I had nothing to lose by trying. I glanced at my family, cheering me on from the sidelines, and I made my decision. As the starting time neared, we positioned ourselves in front of the bars, waiting. We will write a custom essay sample on Accidentally Becoming a Gold Medalist or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page As the bell went off, we scrambled to be the first one to lift the bar. Flashes went off as we lifted the bars above our heads. Surprise flashed across our faces as locals attempted to hide their laughter. I put the bar down and looked around confused. I had managed to lift possibly a hundred pounds above my head and couldn’t understand everyones amusement. Shouldn’t they be in a state of complete awe and amazement? After all, a young girl had just won the competition. Little did I know that in a language I didn’t understand was written something along the lines of â€Å"made from foam†. This fact, told to me later on, didn’t matter as I stood proudly waiting for my medal and still doesn’t hold any importance today. That day, I walked with my head held high knowing that there was nothing that would be able to stand in my way. Today, my medal hangs proudly above my bed reminding me of the day I won my first Olympic game in the Changi airport. It reminds me that every challenge can be met with a little effort and no win is insignificant. I live everyday with a positive mentality, attempting to meet every challenge I face. Whether it be a national competition or a contest put on in an airport, every opportunity taken is experience gained. Now I face challenges head on, looking forward to the day I can say I achieved it.

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buy custom Elemental Cost Estimate essay The developer would like to consider the potential of developing five 3-storey detached houses instead of the ten 2-storey semi-detached houses as described above. Each detached houses will have 4 bedrooms; two of them are en-suite, a kitchen, an individual dining room, a bathroom, a guest toilet, a sitting room and a study. Given that GIA and the storey height for the houses of the alternative option remains unchanged; discuss the likely cost implications on individual building elements. The cost implication of constructing five-3storey detached house over ten-2 storey semi-detached houses is likely to reduce the cost of each element of building the houses. This is because there will be time saving on building five-3 storey instead of ten-2 storey, because a ten-2 storey takes more time. There will be an increase in quality of work and cost reduction. (Smith Jaggar, 2007) Foundation The function of the foundation is spreading building weight on the ground thus avoiding settlement and giving support to the building against load. This through excavating of a trench following the rooms and house contours, ten filling with concrete followed by construction work. The number of foundation for building five- 3 storey detached houses reduces as compared to building ten-2 storey semidetached houses with more foundations. This will not automatically lower the cost of building because linking building together results in cost saving through reduction of quantity of foundations. (Smith Jaggar, 2007) p style="text-align: justify;">Roofs The functions of roofs are to give protection to people living there form wind, rain and heat. Roofs need to be of high quality, should be durable. Resistance from fire and its appearance should be appealing. The cost incurred in building five-3 storey houses is likely to reduce because of five roofs construction as compared to ten roofs. Reduction in roofing area often offsets the cost of construction. There will be a small cost implication thus the G.I.A will be greater to benefit from the cost of materials reductions. External walls The function of external walls is to transfer the loads from the roofs to the foundation area. It prevents people living around from loads in construction and elements. The number of wall constructed will likely fall in construction of a five-3 storey house. The elements unit quantity will be greater by a big margin. Even though the elements rate can be discounted it is not sufficient to offset the total difference in cost. The cost of labor is higher in 10-2 storey houses because of construction of more walls. (Ashworth, 2004) Windows, external and internal doors These provide access to and from the building, giving security and allow entry of light into the building. The number of doors and windows is bases more on unit quantity for this case. It is effective in terms of cost to build a five-3 storey house as compared to 10- 2 storey houses. This is because the number of doors and windows will reduce and a drop in cost of labor incurred. (Smith Jaggar, 2007) Site works This involves preparation of the site, material delivery, fencing the site and landscaping of the site. A five storey house is easier to lay down up, because it requires less space as compared to ten storey house which will require more space. Addition in overhead cost will occur in 10 storey house because of additional site requirement, and storage. Also, delivery of more construction material in 10 storey houses thus adding the cost of construction. (Ashworth, 2004) Upper floors An upper floor provides a safe platform for the residents of the houses to be able to stand at the lower floors safely. In this case constructing, five-3 storey houses will have less upper floors as compared to the other option. The unit price will reduce in constructing five-three storey house as less quantity used in construction. More construction materials are used in the 10-two storey house construction. (Ashworth, 2004) Services A service is essential in construction of houses to be used by people so that they are comfortable. Services that are essential include supply of water, electricity, radiator, basins and satellites. In today world services is becoming more complex as the standards of living goes up which change in technology. This leads to increase in prices of construction elements as the design changes. Constructing of ten-two storey houses incurs more cost in services as compared to constructing five- 3 storey houses. (Ashworth, 2004) Buy custom Elemental Cost Estimate essay

Human Resource Planning Essay Example | Topics and Well Written Essays - 1500 words

Human Resource Planning - Essay Example This paper illustrates a comprehensive definition of Human Resource Planning provided on investopedia.com explains that it as â€Å"The ongoing process of systematic planning to achieve optimum use of an organization's most valuable asset - its human resources†. Human Resource Planning is a very important function of an organization, as it helps in developing a relationship between the employees of an organization and their tasks such that each employee contributes optimally to the organization without being either over-burdened or under challenged. Based on the needs of the employees and the organization, a Human Resource Manager may be required to develop one or more of a number of different types on Human resources plans. Common ones include Succession plans that help evaluate the manner in which individuals will be employed to positions that open up at higher levels in the hierarchy and the requirements for promotions. Another important and common plan is developing indivi dual employee’s Career plans, particularly at the managerial level. These plans help in identifying the skills and abilities of individuals; and involve providing them with the assistance that they require to find a better fit with the organization’s culture and climate so that they can play more valuable and demanding roles within the organization. Contingency plans are made when future requirements seem unclear; but indicative of changes; so that the human resources of an organization may need an overhaul either through development, recruitment or downsizing. (Tapomoy, 2009). Competency plans on the other hand, are similar to career plans; but with a focus on skill development as compared to hierarchical growth. Purpose of HRP Human Resource Planning serves a number of purposes. It helps in anticipating the changes in the staffing needs of an organization. Thus, it becomes possible for the organization to anticipate and respond to surplus staff or shortage of staff i n a way that ensures that at no point in time are the staff over burdened by the tasks that need to complete and thus at risk for reduced quality of functioning. At the same time, it ensures that each staff member is adequately challenged so that there is no underutilization of the existing resources (Rees & Porter, 2008). This ensures optimal expenditure on personnel; and helps in the development of a business plan with less wastage. Human Resource Planning is also concerned with the development of individual employees so that they continue to grow and contribute to the organization in multiple ways (Reilly, 1996). Thus, it involves the training and development of employees so that the employees gain more and improved skill sets and the organization grows as these skills are used by the employees (Reilly, 1996). Another important activity that does into Human Resource Planning is the investigation of the effect of policy changes on the functioning and productivity of staff as well as on staff morale (Bohlander &Snell 2009). When a manager attempts to develop a human resources plan, it is important to consider three components of this plan with equal vigor. Forecasting labor demand: It is important that the Human Resource Manager is able to predict with some accuracy the staffing requirements that will be required at new and existing locations at different points in the future (Mathis & Jackson, 2008) so that recruitment and downsizing plans can be developed to respond to these needs well in advance(Rees & Porter, 2008). This is particularly important for downsizing, as providing downsized staff with adequate time and options to cope with the changes is important from a humanistic perspective (Reilly, 1996). Analyzing present labor supply: Not only is it important to evaluate future needs, but also to evaluate the value of present staff (Mathis & Jackson, 2008). A Human Resource Manager needs to ensure that all staff is functioning optimally; and that these in dividuals are helped to