Wednesday, May 6, 2020
Symptoms And Treatments Of Schizophrenia - 1205 Words
Schizophrenia Roughly 2.5 Million Americans have been diagnosed with a chronical brain disorder known as Schizophrenia. Most people believe schizophrenia causes people to have split personalities, but thatââ¬â¢s not the case. The illness called Schizophrenia causes a person to hallucinate, hear voices that others canââ¬â¢t hear, make people believe that they are being watched, and the belief somebody is out to harm them. (Mental Health America 2015) In this paper I will write about the prevalence, what causes schizophrenia, symptoms and what the treatments options are. Schizophrenia is not as well-known as other brain disorders such as depression, anxiety, and bipolar but it is also a very serious and chronic disorder that has been interferingâ⬠¦show more contentâ⬠¦Older children such as teenagers are not as lucky as smaller children because it is not uncommon for them to be diagnosed with the disorder. Normally the First signs in a teenager who is affected with Schizophrenia are not as noticeable because the symptoms of the illness are much like the behavior that is expected from a teenager. The symptoms that are easily missed in teenagers are irritability, problems in school, and lack of interest in family and friends. The symptoms that I have listed are usually missed because many parents associate these types of things with normal teens who basically donââ¬â¢t like anything. This disorder doesnââ¬â¢t have a favorite type of person and can strike anyone at any time. This disorder only affects the brain and scientists have been unable to determine what causes it develop within a personââ¬â¢s brain. Experts believe that chemical imbalances in the brain combined with genetics and even the environment possibly are what causes Schizophrenia. Genetics has always been pointed out as a root cause for this disorder to develop because historically people that have family members that have already been diagnosed with the disorder are more likely to develop the disorder themselves. The risk for developing schizophrenia has always been higher in people who have a family history of this mind consuming disorder and other types of mental illnesses. The
Tuesday, May 5, 2020
Marketing Strategy and Analysis Global Resource Industry
Question: Discuss about the Report for Marketing Strategy and Analysis of Global Resource Industry. Answer: Introduction This is the case about one of the leading players in global resource industry. In this case we will conduct an external analysis of the firm along with determining the conditions that can help company in leveraging the growth opportunity. The macro environment analysis will also be conducted so that external environment of the company can be analysed deeply. The global resource company is thinking of expanding its operation in different areas, this case will help in identifying potential of the opportunity. This report is divided into few sections, Introduction, Firm Background, General overview, Growth Opportunity, Analysis. The report will discuss about the history of company along with providing the details, a growth analysis will be discussed along with the analysis of the opportunity. In this context the ratios of the company will also be discussed. Firm Background BHP Billiton is one of the leading companies in the global resources sector. BHP is among the leading producers of the world. BHP Billiton is the producer of the major commodities like iron, copper, and uranium ores since many years.It holds interest bothin the conventional andnon-conventional form of oil and gas as well as energy coal.BHP Billiton operates on a general strategy of owning and operating long life, large, expandable, and low cost and upstreamassets. The company diversifies by geography, market and commodity BHP Billiton has a portfolio of some of the best high-quality growth opportunities that continue to position BHP Billiton as a company that can fulfil the dynamic needs of the customers. The demand of the resources is increasing with the number of days and the company is effectively fulfilling the demand. BHP Billiton was started in the year 1851 and since then, BHP Billiton is providing help to the communities, industries and economies across the world. The company was formed after the merger of BHP and Billiton. BHP (Broken Hill Proprietary) was involved in the silver, lead and zinc mines of Broken Hill, Australia. Billitons roots can be traced back to 1851, it was a tin mine on the island in Indonesia.Billiton also became the global leader in the mining and metal sector(BHP Billiton, 2016) The BHP Billiton is operating in one of the biggest industries with Price volatility, geopolitical turmoil and rising costs. The industry environment is highly challenging but BHP Billiton is operating successfully with some of the best strategies and a business model. The major divisions in which the company operates are as follows: Minerals Australia Minerals Australia, a business division of BHP Billiton includes the operations in Western Australia, Queensland and New South Wales and South Australia. The focus is on the copper, coal, nickel and iron ore. Minerals Americas The headquarters of Minerals Americas is in Santiago, Chile. It is the biggest producer of metals such as copper concentrate, thermal coal zinc concentrate and iron ore. Petroleum The petroleum business includes the exploration, development, production as well as marketing activities. Marketing - The marketing division is responsible for all the market. Its function includes selling the products and purchasing the raw material(BHP Billiton, 2016). Global Locations Source: (BHP Billiton, 2016). BHP Billiton also contributes actively in the serving the community in which it works. It believes in contributing to the communities, nation and the regions by strengthening the society. BHP Billiton engages and advocates the important issues by supporting the targeted development of different areas in which they operate(BHP Billiton , 2016). Growth Opportunity The SMART goal of BHP Billiton is to expand its diamond exploration project in six months. The global resource sector has made significant contributions in the growth and development of the economies. There are number of growth opportunities that can be leveraged by the BHP Billiton. The opportunities however can be leveraged in the best possible manner if all the potential resources are integrated effectively such as finance and human capital(BHP Billiton , 2016) BHP Billiton has a pipeline of projects which are on their feasibility phase. There are total 29 projects with over an investment of $17.5B(BHP Billiton, 2015).These projects include the diamond exploration projects which are potential enough to provide higher revenues. The company can execute its marketing activities in the most innovative way by increasing the use of social media tools. BHP Billiton can outreach the customers with the help of promotional strategies that are used by the company for promoting its natural resources and commodities. The airborne survey tool of the company has also identified the opportunities in the diamond exploration sector. The technology group of the organization can coordinate in context of developing the revolutionary technology that can reduce the cost structure of exploring diamonds. The major technologies on which the team can work on for leveraging the opportunities associated with diamond exploration are an advanced form of bio leaching(BHP Billiton, 2015), Analysis In order to compliment the understanding of the overall general macro environment for BHP Billiton a PEST analysis is conducted below: Political factors BHP Billiton is one of the global resource companies that are susceptible to number of political risks factors prevailing in the global resource market(BHP Billiton , 2016) The political factors such as license to operate can potentially affect the ability of the company to execute its pipeline projects along with the diamond exploration projects(Reddy, 2001).Other political risks associated with companys diamond exploration are civil unrest, terrorism, changes in government policy etc. Moreover theMineral and Petroleum Resources Development Act of 2002 has made several changes in the structure of mining and explorations. In future, the government has the potential to affect the operations of the company(BHP Billiton, 2016) Economic Factors BHP Billiton is also highlyinfluenced by the economic factorsespecially related to inflation in the energy costs, the costs of exploration, operation costs, labour costs and the material costs(BHP Billiton , 2016). The economic factors have the potential to adversely impact the expansion plans of the company. Moreover, the company presently is operating in an industry that is highly dependent on the recent strength of global commodities prices that are related with the health of the economy(Sadler, 2003). Moreover, as the operations of the firm are global and hence, it is also exposed to the risk of fluctuating currency valuations along with the general economic risks prevailing in the world. Any sort of weaknesses in the economies across the globe can cause a fall in the demand of diamond; this will eventually lead to an increased supply along with reduced prices which can further affect the companys profitability. For example, the company is heavily dependent on the economy of Chin afor over 16.8% of the company revenue which is $6.6b(BHP Billiton , 2016) Socio-Cultural Factors BHP Billiton is alsoinfluenced by some of the socio-cultural factors in context of starting the new operations such as diamond exploration(BHP Billiton , 2016).The socio cultural factors require that the company financially supports the local communities along with providing the resources such as roads, schools and housing. The new diamond exploration projects will also require the social approvals in addition to government approval(Hill Jones, 2008). Such approvals will also affect the profitability andthe new mining and exploration projects will require the approvals in the form of social approvals, which can further increase the development costs. Currently, the company has taken several steps that can improve the conditions of the workers along with improving the quality of life(BHP Billiton , 2016) Technology Factors BHPBilliton is also affected by the technological factors as new exploration and mining activities are evolving with the number of days. The company has to adopt some of the best ways of exploration and mining so that the exploration costs can be reduced. The investments in the technological sector are vital for the company. The technological investments will affect the key strategic drivers such as the exploration projects of the company and the world class assets(BHP Billiton , 2016) Financial (ratios) Profitability ratios Source:(BHP Billiton, 2015). By looking at the Return on Equity (ROE), it can be inferred that the money of the stockholders is being effectively used or reinvested for generating the income. The ROE of the BHP Billiton has shownvariation since last 5 years. ROE in year 2014 was 18.47% which is good sign. Net profit margin of the organization rose from 16.49% in 2013 to 20.58% in 2014. This rise in net profit margin can be because of tax rate cut. Operating income ratios Source:(BHP Billiton , 2016). This ratio helps the investors to make best decisions so as to analyse the effectiveness of the investments in the asset. There is the fluctuation in the total assets and fixed assets turnover. However, the performance of operating turnover ratios is good. Liquidity Ratio This ratio shows ability of firm to fulfill its short term liabilities. It can be seen that current ration of company in 2014 was 1.23. This is quite lower in comparison to industry average. The quick ratio of the company has also increased over the period of time showing rise in level of inventory. Solvency Ratio Source:(BHP Billiton, 2016). The interest coverage ratio of the firm hasrisen 38 times. This indicates that cost of capital has increased. Thus, there is need for company to look for sources of funds that are low cost. Competitors The global resource industry has number of competitors who can affect the operations of the company. The competitive rivalry among the competitors is high; this is because the companies involved in mining and exploring oil are competing intensely for having an access to the natural resources like diamond across several Continents. The industry life cycle includes the four stages introduction, growth, maturity and decline. The company is in its maturity phase, it will continue to be in this stage till it uses the best practise and strategies. Source:(BHP Billition, 2011). Some of the current competitors of BHP Billiton are as follows: Rio Tinto Rio Tinto is a leading company for global mining and metals. The focus of the company is on finding the sources along with mining and processing the minerals of the earth(Rrio Tinto, 2016).The company has the resources, capabilities and the people that can help in supplying the minerals and the metals. Some of the major industries are heavily dependents on the companies such as Rio Tintolike the construction, communication, transport and healthcareindustries(Rrio Tinto, 2016). Anglo American Anglo American is anotherglobally diversified mining business company. The company includes the world class mining operations. The company uses the latest technology to explore and process the minerals. The company operates in several products such as diamonds to platinum. It also includes the metals such as metals and copper(Anglo American, 2016). Potential competitors There can be two major potential competitors of BHP Billiton. The potential competitors have been given below: Companhia Vale do Rio Doce (CVRD) It is one of the leading producers of the important metals such asiron pellets, iron ore and other minerals. It is primarily owned by the Brazilian government. This company has played an important role in developing the resources especially in the region. The success of the company is based on the ability as well as the foreign expertise that can help in retaining the control(Republic of Mining, 2011) Alcoa Inc Alcoa Inc. is a leading American public company that is widely known for the manufacturing oflight-weight metals along with using some of the best advanced manufacturing techniques. It is the third largest producer in the world and is headquartered in New York City. The operational base of the company is in Pittsburgh, Pennsylvania. It has operations in over 30 countries. It is specialised in the light weight metals(Alcoa, 2016). Source:(BHP Billition, 2011) Industry Porter Five Forces Analysis Bargaining Power of Buyers The force of bargaining power of buyers isin the range of moderate to low in the case of BHP Billiton. The prices of the metals and minerals are determined by the industry trends. Bargaining Power of Suppliers - BHP Billiton is highly affected by a high degree of bargaining power of suppliers. The overall costs of the suppliers are increased(Republic of Mining, 2011) Threat of New Entrants- The threat of new entrantsin the global resource industry is in the range of moderate to low. There is a lack of capacity related to natural resources and oil. Entering in the global resource industry high capital is required.(BHP Billiton , 2016) Threat of Substitutes-The threat of substitutes is also low. This is because less number of substitutes for raw materials products available.(BHP Billiton, 2016) Rivalry among Competing Sellers- The rivalry among the competing sellers in the market is strong because all the mining and oil companies are competing strongly,to gain anaccess tothe important natural resources across the globe(BHP Billiton, 2015) Key Success Factors There are key success factors that are helping the BHP Billiton to attain success in the highly completive global resources industry. These success factors are discussed below: Innovation The Companybelieves in innovation, the major functions and practices that help the company in gaining a competitive advantage are innovated. (BHP Billiton, 2016) Business practise The company has adopted the best practices related to human resource management, finance, exploration and mining(BHP Billiton, 2016) Corporate social responsibility The corporate social responsibility arm of the company is also one of the strong pillars of success for the company(BHP Billiton, 2016) References Alcoa. (2016). Produts and services. Retrieved September 17, 2016, from https://www.alcoa.com/india/en/home.asp Anglo American. (2016). We Create Value that Lasts. Retrieved September 17, 2016, from https://www.angloamerican.com/about-us/at-a-glance BHP Billition. (2011). Sustaianbility report. BHP Billition. BHP Billiton . (2016). Resourceing the future. BHP Billiton . BHP Billiton. (2015). Resourcing global growth. BHP Billiton. BHP Billiton. (2016). About us. Retrieved September 17, 2016, from https://www.bhpbilliton.com/aboutus/ourcompany/ourhistory BHP Billiton. (2016). Businesses. Retrieved sept 17, 2016, from https://www.bhpbilliton.com/businesses BHP Billiton. (2016). Global Locations. Retrieved September 17, 2016, from https://www.bhpbilliton.com/businesses/globaloperationsmap Hill, C. W., Jones, G. R. (2008). Essentials of Strategic Management. Cengage Learning. Reddy. (2001). Basic Structure Analysis. Tata McGraw-Hill Education,. Republic of Mining. (2011, June 17). Republic of mining. Retrieved sept 17, 2016, from https://www.republicofmining.com/2011/06/17/companhia-vale-do-rio-doce-cvrdvale-history-1942-1989-by-international-directory-of-company-histories/?doing_wp_cron=1474117304.2827050685882568359375 Rrio Tinto. (2016). About us. Retrieved September 17, 2016, from https://www.riotinto.com/about-us-108.aspx Sadler, P. (2003). Strategic Management. Kogan Page Publishers.
Wednesday, April 15, 2020
Capitol Punishment Essays - Penology, Capital Punishment, Murder
Capitol Punishment Capital Punishment The Argument Against the Death Penalty The feeling of the condemned man was indescribable, as he was minutes away from being executed by an unjust decision. The verdict of his case was guilty on the grounds of circumstantial evidence. When in all reality, he was guilty because he was black, poor and socially unacceptable. His case never stood a chance, it was over before it started. The judge and jury sentence the man to die in the electric chair. The condemned man sat in the chair sweating profusely, waiting for a someone to wake him from this nightmare. A certain death awaited this young man's future. He could not believe that a country like ours upheld a system of such unfairness. Then as he was executed, he shouted his last plea, ?I am innocent, please wait...? How can this innocent man be put to death in a system based on fairness, and a theory of innocent until proven guilty. There have been circumstances such as this, that were said to be true. This is one example why capital punishment should be abolished in our c ountry. Or should it? Is capital punishment fair, and based on equality? Does it cost less than other alternatives? Is it considered cruel and unusual punishment? And does the presence of the death penalty deter crime? These are questions that need to be answered to determine whether capital punishment should be abolished or maintained in our society. To start, capital punishment is a racist and unfair solution for the criminals in our system. It discriminates toward individuals on the basis of their race, wealth or social standing in society. It is not right to kill nineteen men a year out of hundreds and hundreds of convicted murderers. These men are not being killed because they committed murder. They are being killed because they are poor, black, ugly or all of these things. As capital punishment becomes less and less likely to be applied, it becomes more likely to be used in discrimination against those who have no money to afford a good lawyer, those who are poor and powerless, personally ugly and socially unacceptable. Since 1930, 89 percent of those executed in the United States for rape have been black, as were 76 percent of those executed for robbery, 85.5 percent of those executed for assault by life-term prisoner, 48.9 percent of those executed for murder, 100 percent of those executed for burglary. All together, 53.5 percent of those we have put to death in this Nation since 1930 have been black (Bedau). Study after study turns up the same results, one can conclude that there is a pattern of discrimination. One study shows that prosecutors seek the death penalty most often when the victim is white. Prosecutors sought the death penalty twice as often when the victim was white as when the victim was a member of a racial minority. ?In cases of white victims, 27 percent sought the death penalty, where only 19 percent in cases of minority victims (Bedau).? In most states where the death penalty is instated, it is done so to deter crime. I think the feeling toward capital punishment boils down to two things. It is a kind of feeling most of us have that death really scares us, and a harsh penalty, you have to say deters more than life imprisonment. But if you took the death penalty away, most of us would be just as scared by a life imprisonment. Secondly, most of us who are thinking about this subject are well adjusted, normal, non-murderers. We do not commit murder, not because of the existence of the death penalty, but because we are morally developed, life respecting citizens. The people that do commit murders are of a different sort, their minds do not work like the rest of us. Whether you call them insane, phycopaths or whatever, no amount of punishment could have an effect on them. Now that is not to say it is impossible that, in some few cases, the death penalty did deter a capital crime. These cases, if they exist, must be very f ew, since they do not show up in the comparative statistical studies. The states with
Thursday, March 12, 2020
Writing for research Essay Example
Writing for research Essay Example Writing for research Essay Writing for research Essay Prompt 1: It could be that the bathroom scale has not yet been properly calibrated. Based on personal experience, new scales tend to give more consistent readings than older scales because the mechanisms of scales tend to wear out over time. However if the scale is not yet calibrated, that means that it will likely give consistently wrong results. All that needs to be done is to calibrate the scale and then it should give accurate as well as reliable output already. Prompt 2: Yes, a measurement procedure can be reliable but not valid. However, a measurement procedure that is valid is automatically reliable as well. If the procedure is consistent but gives wrong output, then it is reliable but not valid (Brechner Brechner, 2008). However, validity means that the procedure is measuring what it intends to measure so that automatically assumes that the procedure is reliable as well (Brechner Brechner, 2008) since if it gives very diverse output, then it is obviously not measuring what it is supposed to measure.
Tuesday, February 25, 2020
Godin Essay Example | Topics and Well Written Essays - 250 words
Godin - Essay Example A product which is out of the ordinary would grab the attention of the buyer. This has a direct correlation with the second conclusion. Being ordinary without introducing or representing anything new will bring the demise of a venture because being safe is the most damaging attribute a product can have. Godinââ¬â¢s conception of the definition of remarkable elucidates what retail should adopt. Remarkable means something that is worthy of remark. These are ââ¬Å"ideas that spreadâ⬠through what he calls idea diffusion. A new product should elicit remark which would compel others to talk about it. This means that the popularity of a product is no longer based on massive advertising where companies need to spend millions by availing of the conventional media such as television or radio. In this regard, Godin points out a Japanese word ââ¬Ëotakuââ¬â¢ which refer to some kind of constituency who care about a product. These people spread the word without compensation simply because they are willing to listen and they become enthusiastic with a particular item. Choices are important to people but the presence of too many choices could render them desensitized that the best way to go is to make a conscious effort to be
Saturday, February 8, 2020
Research Methods Essay Example | Topics and Well Written Essays - 2000 words - 1
Research Methods - Essay Example In the business of fashion design, it is the role of the designer to transform cultural influences with the use of technology into new products. Fashion design technology research is supposed to be developed in a way that it enhances fashion design understanding in the post-modern context, therefore posing this question: In which way has technology influenced the creativity in fashion design? While focusing on creativity in fashion design, this study should evolve while incorporating a grounded theory approach to qualitative inquiry. There should be an interview of luxury-level fashion designers and industry executives in countries with a rich history when it comes to fashion design, France being a good example. The interview should be in depth and regarding creativity and technological ingenuity especially pertaining to the internet when it comes to fashion design process. There should be a concise data analysis which should lead to the definition of a typology for creativity and te chnology in fashion design in the global competitive environment. There should be a relation of these typologies with the use of technology. ... The fashion technology should encompass all aspects that are concerned with the design, production, and distribution of material and apparel goods. Under the discussion of fashion, there are broad components of womenââ¬â¢s wear such as accessories, jewelry, and perfume. The production of basic apparel items does not rely on the same conceptual driving force found on novelty and change. For the purpose of a well grounded research fashion industry technology on womenââ¬â¢s wear should involve companies or individuals that are involved in the manufacture, fabrication, marketing, and sale of items which:- (a) Have precise aesthetic and performing properties, (b) Elicit psychological response associated to desire and need and (c) Are embraced by a group of women for a limited amount of time. The fashion industry technology function within industrial societies context and is complex encompassing a wide array of disciplines which include aesthetics, design, product development, econom ics, global business, marketing, consumer behavior, operations, and management as well as anthropology, psychology, and sociology. Historical Context The Origin of fashion design technology In the research on fashion design, there should be a note on the focus on technological phenomenon which was developed in the mid-20th century as a result of the internet which is the crux of technology. It is the Internet which has facilitated users to explore the World Wide Web for information and entertainment thus facilitating the development of a new business model, e-commerce which is the process of business transaction through contact made on the World Wide Web. The founding of brands in fashion design is based on creative and innovative research and development aided by technology facilitating
Wednesday, January 29, 2020
Managing Human Resources Essay Example for Free
Managing Human Resources Essay This assissment is going to be about Human Resource Management and itââ¬â¢s going to contain information about different perspectives of human resources management and what the role involves. . HRM system is based on HR system , both work together to the same way. The example is HR strategies defining the direction in which HRM intends to go. We got few models of HRM , one I want to describe is Guestââ¬â¢s Model of HRM. David Guestââ¬â¢s model of HRM has 6 dimensions of analysis : HRM strategy HRM practices HRM outcomes Behaviour outcomes Performance outcomes Financial outcomes This model is prescriptive in the sense that it is based on the assumption that HRM is different from traditional personal management. How guestââ¬â¢s model is adopted in Harrods? In my opinion is adopted by having similar commitments for example the Guest model is prescriptive on the sense that it is bases on the assumption that HRM is distinctively different from traditional personnel management and rotted in strategic management. Also the Guestââ¬â¢s model of HRM outcomes are fairly similar as Harrods engages employees to continues success of the business by committing to what they are doing and one of the outcomes that the Guestââ¬â¢s model states is commitment. David Guestââ¬â¢s analysis financial outcomes in his model of HRM and when looking at the financial outcome at Harrods, we can see that they are loosing money due to the employee turnover. When looking at the case study it shows that the research that has been done about the turnover indicates that the employee turnover has significant cost and performance effects to the business. For example the employee turnover at Harrods measures the rate at which employees leave their employer normally after one year. The claim of the Guest model that it is superior to others is partly justified in the sense that it clearly maps out the field of HRM and delineates the inputs and outcomes. But the dynamics of people management are so complex that no model (including the Guest model) can capture them comprehensively. P. 1. 2 The purpose of HRM is to ensure that the employees of an organization are used in such a way that the employer obtains the greatest possible benefit from their abilities and the employees obtain both material and psychological rewards from their work. Personnel management is the traditional approach to managing. It deals with the reactive side, which are rules, and regulations, wages, pension, and leave administration. It is administrative in nature. Human Resource Management are people oriented an treats employees as an asset. It is the modern approach to managing an organisation and people in the organisation. It is the proactive side of managing which puts people first. The term industrial relations has developed both a broad and a narrow meaning. Industrial relations is increasingly being called employment relations or employee relations because of the importance of non-industrial employment relationships. Industrial relations has three faces: science building, problem solving, and ethical. In the science building phase, industrial relations is part of the social sciences, and it seeks to understand the employment relationship and its institutions through high-quality, rigorous research. From this perspective, an industrial relation covers all aspects of the employment relationship, including human resource or personnel management and employee relations. The difference between personnel management and human resource management is that personnel management basically deals with the employees, for example they deal with payroll recruitment. Where the HRM deals with the management of the work force, training and the well-being of all employees. Also we can say that Human Resources is to incorporate and develop personnel management tasks, while at the same time seeking to create and develop teams of workers to the advantage of the organization. Personnel management comprises mainly of administrative tasks that are considered to be traditional and routine. The Human Resources management at Harrods helps to build a competitive edge by positively getting involving the employees. The HRM at Harrods use an appropriate leadership style and they use two-way communication, which is very effective as it allows information to be passed on correctly and quickly. Similar organization which adopted IR practice and Personal is NHS. The NHS UK practice managers work within the primary care sector, where they manage the overall running of general practices surgeries. Practice managers come from a variety of backgrounds and do not necessarily need to be a qualified healthcare professional. Industrial relations in the UK health care sector are characterised by high levels of social dialogue and joint regulation, particularly in the public part of the sector. P. 1. 3 At Harrods the role of the line manager is to encourage communication targets and advice to employees through face-to-face interactions. This might involve sitting down in the staff room, or in a more formal setting, to agree objectives and to give advice about improvements and new ways of working. Acting as a coach helps the line managers to develop their managerial skills, build relationships and reinforce trust at Harrods. Employees play the most vital role in HRM because they are the key advantage and we also must remember that high-performing and innovative employees are the foundation of productivity. Some major implications for HRM are, they can set direction and implement a company strategy, which builds commitment to what they do. Employees at Harrods help to develop performance metrics for on going improvements in the business. In order to increase the productivity at Harrods the line manager or HRM support their employees by communicating effectively and giving them regular feedback on their performance and by them doing that it decreases the errors and frustration caused to employees at work. Also an effective reward system for employees at Harrods motivates them towards better performance. Non-monetary factors like better status can motivate employees in addition.
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