Johnny Ch Lok

Factors Influence Efficient Productivity Johnny Ch Lok

According to the "best fit theory" a firms that follows a cost leadership strategy designs narrow jobs and provides little job security, whereas a company pursuing a differentiation strategy emphasizes training and development. In other words this argues that all SHRM activities must be consistent with each other and linked to the strategic objectives of the business. HRM uses various technologies to direct employees behavior towards objectives and tasks that deliver approved organisational performance. Many organizations try to frame these 'levers' with an overall performance management system, and attach incentives and rewards to achievements of objectives and targets within this. HR will need to reduce employment expenses to help organizations to save income. Direct costs include: Recruitment costs (advertising, admin, etc.), Induction/training costs, other admin costs associated with new hires, Overtime/ cost of temporary workers, reduced productivity cost etc. which are related to HR expenses. In conclusion there is evidence to suggest that including the practice out line within this organisational behaviours and tools can used to drive organisational and individual performance in Multinational companies. It is essential to have suitable recruitment and selection process, performance Appraisal System and staff Retention plan to ensure the right people, In the right place, at the right time with right attitude. Training and development is also vital to improve HR performance. In addition HR Specialists role will be more specific when these techniques applying in to multi cultural environments where people perceptions and behavioral patterns are different from each other