Corporate Governance Case Study Example | Topics and Well Written Essays - 500 words

Corporate Governance - Case Study Example There was the lack of faith since the association was not sufficient enough. There was also lack of faith making the affiliation have some distance. During the old times, firing was mantle and euphemized. Long ago, Corporate embraced the straightforward system of firing to outline dismissals. Many panels took some pleasure in announcing to the world that they dismissed an individual (Feintzeig 1). While currently, staff are sent off softly with a declaration that the leader would step down to be with family for some time or follow other importance. However, at present, businesses go to the extent of declaring that the bosses have been dismissed and even go a step forward to give features. Supervising and dismissal is an element of the board of directors because, corporate supremacy is their responsibility. The board of directors presides over the corporation keeping an eye on the organization and stands for the concern of the company’s shareholders. Companies must have their director’s vote for by the investors. Therefore, they have a fiduciary obligation to their investors, who are their firm’s proprietor. The managers as well as commercial officials can be apprehended legally responsible for deteriorating to convene their fiduciary obligation to investors (Feintzeig 2). Firing for cause is based on little set of reasons in connection to the worker’s conduct such as disobedience. It means that the action by the worker has permanently injured the connection among the boss and the worker. While in termination with no reason, the worker is being dismissed for motives that do not connect to bad behavior. Those dismissed are normally given some money. Being fired for or no grounds, when the employee did not do anything, depends on the service rank and particularly on whether the worker is on at-will member of staff. The stigma of being dismissed was a major shock. It also consequences to despair, increase prime rates and scarcity in

Industrial Placement Case Study Example | Topics and Well Written Essays - 3000 words

Industrial Placement - Case Study Example This clearly implies that poor performance of the human resource is hazardous to the organisation. One of the major human resource issues faced by most organisations is the high rate of employee turnover. Problems arise in many organisations as a result of unethical practices of the management towards the employees. This leads to more employee grievances and, in turn, affects the smooth functioning of the organisation. Increased rate of employee grievance is also a cause for high employee turnover. A good human resource management can help to solve the human resource issues of an organisation. Initially it was the personnel department who dealt with the employees in the organisation. But the personnel department only dealt with the technical aspects of the employees such as staffing, remunerating etc. Later on, human resource management became a separate department to look after the welfare of the employees at the work place. "Personnel management is more administrative in nature, dealing with payroll, complying with employment law, and handling related tasks. Human resources, on the other hand, are responsible for managing a workforce as one of the primary resources that contributes to the success of an organisation." (N. Madison. 2007). The terminology changed from personnel management to human resource management when the significance of the human resources in an organisation's success was identified properly. The fact that human consideration has to be given to the employees paved way to the formation of human resource departments in the organisation. The main functio ns of the human resource management include recruiting, selecting, placing, controlling, remunerating and motivating the employees of the organisation. Though human resource management's function includes all the activities beginning from recruiting the staff the main objective of human resource management is to provide a good working environment for the employees so that the employees feel good at work. The employees should be provided with sufficient benefits and allowances apart from salary, on the basis of their performance and as per the statute governing the employees' welfare. Human resource management in an organisation is mainly based on the concept that the employees in an organisation are human beings and they are unlike other resources. Employees will have their own problems and difficulties at their workplace arising as a result of the problems in their personal life. And also human resource is a factor whose behaviour cannot be predicted by any means. This study is aimed at identifying the human resource issues existing in the hotel giant Sheraton Hotels and Resorts. The study is conducted in Sheraton New York Hotel and Towers located in New York City. Sheraton is one of the oldest and the best hotels in the world. Currently it has very good market share in the hospitality industry. The final report is addressed to the top level human resource executives of the company for helping them to resolve the problem. Objectives of the report The main objective of preparing this report is to study and analyze the major human resource issues existing in the organisation. The study is routed to some of the areas which were found to be unsatisfactory