Current Employment Trends and Their Implications for Business, Society, and Individuals
February 12, 2025
The time of the year when managers and employees alike look forward to is the Appraisal season where they are judged and ranked on their performance over the last cycle. While some organizations have half yearly appraisals, others have yearly appraisals and the timing depends on how the organizational HR policies view the process of […]
Before we begin this article let me first ask you a question. What is the role of a team leader or manager at the workplace? What are his roles and responsibilities? Is it just to sit in closed cabins and pass on instructions to subordinates or is it something more? Remember, a team manager’s role […]
HRM Best Practices in Contemporary Organizations Contemporary Organizations embrace a variety of HRM or Human Resource Management Practices. These include mandatory leaves, weekends off, variable pay, company provided transport, fun and entertainment activities, handsome bonuses as well as subsidized food and other aspects. Western Transnational corporations first introduced these practices in response to the emerging […]
Personality and personality development are one of the key concepts in HRD. By personality, we mean the traits and characteristics that make up an individual’s psyche and determine how he or she interacts with their environment. Personality is determined by a number of factors including the traits that one is endowed with as a result […]
What is the Marshmallow Test and Why We are Living in an Age of Distraction We live in an Age of Distraction. Our Smartphones give us “never ending” pleasure and thrills, and dulls our senses and takes away our ability to focus on a task for more than a few minutes. Research has shown that […]
The purpose of organization assessment programs is to evaluate the potential of employees for growth and development within the organization. Many organizations such as Johnson & Johnson, Ford, Intel and IBM use such programs to fulfill their staffing requirements. Since these organizations are known for continuous innovation, they need special target groups in order to handle their very special department. These specially formulated teams consist of those individuals who have greater employability and are able to work under pressure. To speed up high-priority development of new products and innovation of entirely different products, highly competent individuals are required. In order to fulfill their staffing requirements, these organizations take help of assessment programs.
The process involves continuous review top executives and the next lower level employees in order to determine whether he or she is the right backup for the senior executive or not. This is the most important exercise which often takes several years in grooming the next person for the senior position.
It includes overall development of the selected individual and continuous review of his or her performance. This is a common assessment tool in Fortune 500 companies that choose their CEO by the same process. Organizations create a pool of talented employees who have high leadership potential. They are put to different jobs in different situations and are evaluated by a panel of experts. The process is usually restricted to senior level management only.
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