well to the threats and opportunities of the business environment. What makes these corporations different? Its the effective management systems in place that is responsible for their success.

Successful organizations, adopt effective management system and policies that are able to generate profit through their employees. Cascio (2006, p.27-29), in his book titled 'Managing Human resource: productivity, Quality of Work Life, Profits'(published by McGraw-Hill) lists seven practices/dimensions that form part of the 'management systems that produce profits through people' . They are:

• Job Security: Though the life-long employment is no longer possible, successful business organizations continue to offer high degree of employment security for their employees. Unless the organizational and HR policies reflect the organization's commitment to their employees' job security, it will be impossible to get the employees full support and commitment. There are organizations that take extra-ordinary steps to keep their labour force at the optimum number from day one, to avoid any subsequent lay-offs. To these successful organizations, hiring employees is a last option. This is radically different from those firms which hire and fire without any strategic HR planning. Job security to become a reality, HR managers and senior management need to adopt strategic human resource planning.
• Selective Hiring: Not every Tom, Dick and harry get a job. A well planned and carefully administered recruitment and selection is the basis by which selective hiring to managed. According to Cascio, it is only possible to hire selectively when the following requirements are met.
• There is a large number of potential candidates
• Organisation is clear about its human skill requirements: Knowledge, Skills, Abilities, Attitudes, personality attributes and Talents.
• Selection focuses on attributes of candidates that are difficult to change. If you can select the right candidate with the (Talent, Abilities, Skills and Knowledge) in the first place, you need not spend your time and resources to train them.
• Decentralisation with Autonomous Teams: The traditional centralized structure depended on command and control approach to get things done. Employees working in teams are able to respond to the unique and demanding business situations much more effectively. Enabling employees to take responsibility and depending on other team members.
• Comparatively high Compensation: Successful 21st century corporations pay well,
• compared to their competitors. These organizations adopt unique and innovative compensation practices for all their employees
• Comprehensive Training: Management systems that recognize the power of training invariably do well. Despite the fact that they practice selective hiring, successful organization know the importance of keeping their employees knowledge, Skills and Abilities current to suit to the changing needs of the enterprise. They focus both on technical and people related soft skills training. Training is seen by these firms as a competitive tool in terms of recruitment, retention and employee performance. Training is also a powerful tool that enable the employees meet their self actualization need, a top order need identified by Abraham Maslow as part of Hierarchy of Needs theory.
• Active Involvement of Everyone regardless of status: The management systems of successful organization incorporate policies and HR practices that take full advantage of employees' ideas, talents, skills and knowledge. It taps the expertise of everyone in the organization. Recognizing the talents and skills of all employees and enabling and encouraging them to offer solutions and ideas for the well being of the organization, breaks the status barrier that is common among majority of the organizations. Every employee in the firm is made to feel important and their contributions are valued and recognized.
• Practice Open Book: In successful organizations, the access to information is not restricted to a small group of elite managers. Successful corporations share information among the employees, so that they are able to use the information to make better decision. In the modern world, it is difficult to argue that knowledge is power, unless that knowledge is put to practice. To apply the existing knowledge to changing business situations, employees need information. Management systems of organization 'that produces profit through people' recognizes the power of information sharing.

W How Would Your Manager Rate Your Hassle Factor - High or Low?
About five years ago, my wife and I bought a new car to replace my aging college jalopy. We used every resource we had to bring the price down to where we could afford it: credit card points you could apply to vehicles, an employee discount through my company, trade in of the old car, and a little bit of cash we raised picking up cans by the side of the road (O.K., maybe the last part was made up, but we did use everything else). By nature we are not extravagant spenders, but for this purchase, we went all out. Leather seats, all the bells and whistles, even the flashy red paint that was limited to the high end model. We planned on making this car last for awhile, so we were O.K. with the expense. For abon's commitment to their employees' job security, it will be impossible to get the employees full support and commitment. There are organizations that take extra-ordinary steps to keep their labour force at the optimum number from day one, to avoid any subsequent lay-offs. To these successful organizations, hiring employees is a last option. This is radically different from those firms which hire and fire without any strategic HR planning. Job security to become a reality, HR managers and senior management need to adopt strategic human resource planning.

Selective Hiring: Not every Tom, Dick and harry get a job. A well planned and carefully administered recruitment and selection is the basis by which selective hiring to managed. According to Cascio, it is only possible to hire selectively when the following requirements are met.

• There is a large number of potential candidates
• Organisation is clear about its human skill requirements: Knowledge, Skills, Abilities, Attitudes, personality attributes and Talents.
• Selection focuses on attributes of candidates that are difficult to change. If you can select the right candidate with the (Talent, Abilities, Skills and Knowledge) in the first place, you need not spend your time and resources to train them.

Decentralisation with Autonomous Teams: The traditional centralized structure depended on command and control approach to get things done. Employees working in teams are able to respond to the unique and demanding business situations much more effectively. Enabling employees to take responsibility and depending on other team members.

Comparatively high Compensation: Successful 21st century corporations pay well,

compared to their competitors. These organizations adopt unique and innovative compensation practices for all their employees

Comprehensive Training: Management systems that recognize the power of training invariably do well. Despite the fact that they practice selective hiring, successful organization know the importance of keeping their employees knowledge, Skills and Abilities current to suit to the changing needs of the enterprise. They focus both on technical and people related soft skills training. Training is seen by these firms as a competitive tool in terms of recruitment, retention and employee performance. Training is also a powerful tool that enable the employees meet their self actualization need, a top order need identified by Abraham Maslow as part of Hierarchy of Needs theory.

Active Involvement of Everyone regardless of status: The management systems of successful organization incorporate policies and HR practices that take full advantage of employees' ideas, talents, skills and knowledge. It taps the expertise of everyone in the organization. Recognizing the talents and skills of all employees and enabling and encouraging them to offer solutions and ideas for the well being of the organization, breaks the status barrier that is common among majority of the organizations. Every employee in the firm is made to feel important and their contributions are valued and recognized.

Practice Open Book: In successful organizations, the access to information is not restricted to a small group of elite managers. Successful corporations share information among the employees, so that they are able to use the information to make better decision. In the modern world, it is difficult to argue that knowledge is power, unless that knowledge is put to practice. To apply the existing knowledge to changing business situations, employees need information. Management systems of organization 'that produces profit through people' recognizes the power of information sharing.

The qualities of management systems of successful 21st century corporations highlighted by Cascio can be the basis if you are serious to transform your business practices. Be practical. Identify one area from the above seven dimension, and work towards improvement. Start reviewing the current HR practices. To move forward you need to ask questions. The best way to unfold new ideas is to use the 5W + 1H model (What, W Franchising – The Risk Free Solution To Starting Your Own Business?
Starting a business is tedious, expensive, and risky. It involves a lot of paperwork, market studies, coordinating with concerned agencies, scouting for the right place, and providing a significant amount of money for lease, initial inventory, furniture, and equipment.However, nowadays, those thinking of starting a business have the option to start from scratch or simply get a franchise from reputable establishments. It is a fact that many success stories in business started from scratch and the vision of their founders. Starting from scratch is good if the business has something innovative to offer and can sell its products at a competitive and affordable price. It also must find the right businesion focuses on attributes of candidates that are difficult to change. If you can select the right candidate with the (Talent, Abilities, Skills and Knowledge) in the first place, you need not spend your time and resources to train them.

Decentralisation with Autonomous Teams: The traditional centralized structure depended on command and control approach to get things done. Employees working in teams are able to respond to the unique and demanding business situations much more effectively. Enabling employees to take responsibility and depending on other team members.

Comparatively high Compensation: Successful 21st century corporations pay well,

compared to their competitors. These organizations adopt unique and innovative compensation practices for all their employees

Comprehensive Training: Management systems that recognize the power of training invariably do well. Despite the fact that they practice selective hiring, successful organization know the importance of keeping their employees knowledge, Skills and Abilities current to suit to the changing needs of the enterprise. They focus both on technical and people related soft skills training. Training is seen by these firms as a competitive tool in terms of recruitment, retention and employee performance. Training is also a powerful tool that enable the employees meet their self actualization need, a top order need identified by Abraham Maslow as part of Hierarchy of Needs theory.

Active Involvement of Everyone regardless of status: The management systems of successful organization incorporate policies and HR practices that take full advantage of employees' ideas, talents, skills and knowledge. It taps the expertise of everyone in the organization. Recognizing the talents and skills of all employees and enabling and encouraging them to offer solutions and ideas for the well being of the organization, breaks the status barrier that is common among majority of the organizations. Every employee in the firm is made to feel important and their contributions are valued and recognized.

Practice Open Book: In successful organizations, the access to information is not restricted to a small group of elite managers. Successful corporations share information among the employees, so that they are able to use the information to make better decision. In the modern world, it is difficult to argue that knowledge is power, unless that knowledge is put to practice. To apply the existing knowledge to changing business situations, employees need information. Management systems of organization 'that produces profit through people' recognizes the power of information sharing.

The qualities of management systems of successful 21st century corporations highlighted by Cascio can be the basis if you are serious to transform your business practices. Be practical. Identify one area from the above seven dimension, and work towards improvement. Start reviewing the current HR practices. To move forward you need to ask questions. The best way to unfold new ideas is to use the 5W + 1H model (What, W The Importance of Background Verification
Today's society has created an environment that requires business owners to be armed with numerous tools. Many employers currently spend little time verifying the accuracy of employment applications and the cost of not doing normal due diligence can be staggering.Consider:An HVAC company recently paid $750,000 to a customer who was raped by a service technician. His employment application indicated no criminal convictions and the employer did not perform a complete background check. An employee who had previously been convicted of passing bad checks forged signatures contracts. The court judged his employer negligent and awarded $175,000.After driving for a telephone company for onlmployees knowledge, Skills and Abilities current to suit to the changing needs of the enterprise. They focus both on technical and people related soft skills training. Training is seen by these firms as a competitive tool in terms of recruitment, retention and employee performance. Training is also a powerful tool that enable the employees meet their self actualization need, a top order need identified by Abraham Maslow as part of Hierarchy of Needs theory.

Active Involvement of Everyone regardless of status: The management systems of successful organization incorporate policies and HR practices that take full advantage of employees' ideas, talents, skills and knowledge. It taps the expertise of everyone in the organization. Recognizing the talents and skills of all employees and enabling and encouraging them to offer solutions and ideas for the well being of the organization, breaks the status barrier that is common among majority of the organizations. Every employee in the firm is made to feel important and their contributions are valued and recognized.

Practice Open Book: In successful organizations, the access to information is not restricted to a small group of elite managers. Successful corporations share information among the employees, so that they are able to use the information to make better decision. In the modern world, it is difficult to argue that knowledge is power, unless that knowledge is put to practice. To apply the existing knowledge to changing business situations, employees need information. Management systems of organization 'that produces profit through people' recognizes the power of information sharing.

The qualities of management systems of successful 21st century corporations highlighted by Cascio can be the basis if you are serious to transform your business practices. Be practical. Identify one area from the above seven dimension, and work towards improvement. Start reviewing the current HR practices. To move forward you need to ask questions. The best way to unfold new ideas is to use the 5W + 1H model (What, W Fall In Love With Learning How To Carry And Use Your Marbles At All Times!
You must become a business developer! Fall in love with learning how to carry and use your marbles at all times! Children under eleven years old ask first, then they tell because they are cute. Twelve years and older are not cute anymore. Now you have to give someone a reason first, then ask. Your tell & ask should not be more than 30 seconds. A TV commercial is 30 seconds. The Challenge is to use your imagination and give them a reason to give you what you want. The best tellers are the best sellers. You can always improve on, your tell, your reason.Carry three marbles at all times. The marbles remind you to A-s-k and you shall receive most of thnd recognized.

Practice Open Book: In successful organizations, the access to information is not restricted to a small group of elite managers. Successful corporations share information among the employees, so that they are able to use the information to make better decision. In the modern world, it is difficult to argue that knowledge is power, unless that knowledge is put to practice. To apply the existing knowledge to changing business situations, employees need information. Management systems of organization 'that produces profit through people' recognizes the power of information sharing.

The qualities of management systems of successful 21st century corporations highlighted by Cascio can be the basis if you are serious to transform your business practices. Be practical. Identify one area from the above seven dimension, and work towards improvement. Start reviewing the current HR practices. To move forward you need to ask questions. The best way to unfold new ideas is to use the 5W + 1H model (What, When, Why, Where, Who and How) extensively. Welcome to the club of Successful 21st Century Corporations.

Once you get started, just remember you are on your way to join the elite club of successful 21st Century Corporations.

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