VISTA PLC is a reputed company in the field of telecommunication industry in Sri Lanka. With the diversification of its activities company has taken steps to enter into mobile telecommunication industry and for that purpose it is planning to have a new telecommunication tower in a mountain peak in a village. XYL Consulting PLC has been invited to analyze this project. Analyzing the market trends all related matters in the filed this report has been prepared. As organizations continue to strive for excellence, the requirement for change and implement new project is requirement not only for the growth of the organization but for mere survival in the current competitive business environment. Managing the implementation of any project becomes crucial for all stakeholders. Planning for change and implementation of new projects requires VISTA PLC to realize the barriers or roadblocks presented internally and externally. In this scenario the realization of the whys, and the how’s become part of the whole exercise. In this exercise how to use management techniques and actual project implementation requires much more than the theory. Yet one theory will not fit for all organizations and therefore, each organization must adapt certain items that can positively affect them. Thus thoughts must be converted to how implementation can occur and why the need for planning to implement is necessary.
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Today it is vital to motivate and inspire employees in order to meet the Company targets. Flourishing organizations are becoming more flexible, quick to change direction, and change it according to the market conditions and customer likes and tastes.
The objective of Human Resources Department to make stronger bonds of employees with the management. In order to achieve this objective it is required to consider following areas.
Human Resources Department has to presume itself as a strategic partner to assure that viability and ability to contribute to the organization. In this manner Human resources Department can contribute to the smooth functioning and development of the organization and accomplishment of company strategy and objectives.
In this regard Human resources Department has to be strategic and conversant with the work system in which people can be succeeded and contributed. In this strategic atmosphere human resources functions such as recruiting right candidates, motivating employees performance, evaluation of employees, career planning and growth of employees are required.
Today Human Resources Department Employees have to think like businessmen and should know accounting and finance and they are always responsible and accountable, prepare strategies to reduce cost and plan all human resource development programs.
Human Resources Department plays and pivotal role in any organization and for the success and progress of the organization it is the responsibility of the human resources department to create an organization with excellent working environment and motivate employees to contribute with increased productivity.
Further Human Resources Department to assists to establish the company’s culture and climate in which employees have the concern and commitment to exceed the expectations of customers who are the most import persons in any organization.. Fostering effective systems and keeping targets, working for deadlines, empowerment though responsibility are some of the functions of Human resources Department.
It is also the function of Human Resources Department to search and find employee growth opportunities, assistance programs planning, profit sharing strategies, development of the company process approaches and solving employees’ frustration problems etc.
The continuous evaluation of the efficiency of the organization results in the need for the HR department to regularly change. Both knowledge about and the ability to execute successful management strategies make the human resource professional remarkably cherished.
It is the duty of the Human Resources Department to continuously reviving efficiency and effectiveness of HR functions and changes are made accordingly and adjust work practices. In order to encourage overall success of the company it has to identify the shortcomings, setbacks and prepare action plans accordingly.
It depends of surviving and progressing of any company on employees performance and this is the truth even for mere survival in today’s market conditions. It is vital to motivate existing employees and recruit the best.
Under these circumstances following can be identified as necessary to enhance and increase the full productivity of employees.
it is well known fact that young employees of the organization has high energy and when employees are becoming old they are more lethargic and decrease their energy levels. As such, it is noticeable relationship between life satisfaction and job satisfaction and people who are satisfied with life have more energy than others to function in their duties.
Another aspect of this is when employees are on debt and they have financial difficulties , family problems children’s problems etc their functioning is affected and it is necessary for the Human Resources department to find solutions for their personal problems also to a certain extent in order to keep employees satisfied and increasing energy levels.
In conclusion of this work it is discovered that job satisfaction of MIM employees are depended on different factors. If these factors are positively addressed positive results can be expected and progress of the company can be achieved.
It is required to enhance productivity and employee performance through job satisfaction. Following suggestion are inserted here for the kind consideration of the management.
It is necessary to plan an evaluation system for employees at MIM. Following information of the employees must be collected in order to have a computer database.
It is required to prepare an another Computer Database for the new recruitment for the organization with potential applicants details and keep in record of all eligible applicants in order to appoint them as when need arises without any obstacle to the smooth functioning of the company.
With in mind future expansion and growth at MIM progress is required in the following areas;
For the Progress of MIM it is necessary to increase productivity of employees and as such there is important role to play by the Human Resources Department of any organization to increase the overall productivity and efficiency of employees.
Human Resources Management strategies are required to keep employees enthusiastic, motivated and accomplishment of such practices has pivotal importance in order to provide professional and quality services to customers.
It can be summarized following aspect as the objective of this exercise;
At present responsibilities and duties of Human Resources Department is also changing like any other scenario. Human Resources Mangers responsibility in the gone era was preparing policies of the management etc. Human Resources department was earlier named as Personnel Department but today it has been changed. At present Personnel Department is replaced with the Human Resources Department. Personnel Manager is replaced with the Human Resources Manager and human resources strategies have also been changed. In any organization human resources are the most important aspect and today in some organizations employees are referred as associates.
During the first three months period as Head of the Human Resources Depart following action plan is suggested and forward for the approval of the management.
In the above management practices and strategies put into practice there is no doubt again MIM can be taken off the ground.
Following facts are important to any organization to make success in business activities and as such necessary steps to be taken to improve them in Oder for overall progress of the organization.
Following suggestion for the smooth functioning of MIM and progress of the organization is forwarded for the approval of the management in order to implement them.
MIM FINANCIAL SERVICES
MIM Financial Services PLC (Hereinafter referred to as MIM) has established in the Central Province in the year 1995. Subsequently it had spread its wings to other parts of the country and expanded its business activities. In 90’s MIM Financial Service had become a leading financial company in Sri Lanka. Read More
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