F12-038 - Nguyen Thanh Dong.v.1.1.docx

41 purpose of human resource function 42 key roles

This preview shows page 5 - 7 out of 34 pages.

4.1 Purpose of Human Resource Function 4.2 Key Roles and Responsibilities of Human Resource Function 4.1„Best Fit approach or „Best Practice 4.3 Hard and Soft models of HRM 4.4 Work Force Plan 5.1 Critical Issues Related to Workforce Planning 5.2 Types of Labour Market, Labour Market Trends 5.3 The Internal Labour Market. 5.4 Analysing Turnover, Stability and Retention. 5.5 The Impact of Legal and Regulatory Frameworks. 5.6 Advances in Technology 6.1 Assessment of the Approach to Recruitment and Selection, Development and Training, Performance Management and Reward Systems 6.2 Sources of Recruitment 6.3 Job Analysis, Job Descriptions, Personal Specifications and Competency Frameworks Selection 6.4 On-Boarding and Induction
Image of page 5

Subscribe to view the full document.

Opening a New Branch of Vietinbank in My Dinh Overview of Vietinbank Vietinbank was founded in 1988, the charter of the company has total VND, which the government hold 64.5% and Mitsubishi hold 20% of the company (Vietinbank,2017) and IFC with8% (Koh & Nguyen, 2018). According to annual report of Vietinbank (2016), the total asset of Vietinbank up to 948,699 billion VND and the percentage of ROA was 1.0%. Vietinbank is located in Ha Noi, Viet Nam, there were total about 220 braches, included 155 local branches in 63 cities and province, 02 foreign branches in Germany and 01 Subsidiary in Laos PDR, 02 Representative Offices in Ho Chi Minh City and Da Nang, 01 Representative Office in Myanmar (Vietinbank,2016). In order to enhance network, Vietinbank has established 1000 financial institutions over 90 countries. In addition, Vietinbank has about 23000 employees. As we can see in appendix A, Vietinbank has a highly centralized department and a huge decentralized branch system in Vietnam (Vietinbank, 2018). This analysis will consider the business implication for Vietinbank such as the Business type and purpose, the size and scope, the interrelationship of various function, and it require Human Resource Management (HRM), including the Purpose of Human Resource Management, Critical issue related to Workforce Planning and an evaluation of HR in opening a new branch in My Dinh. 1.1 Explain the different types and purposes of organizations; public, private and voluntary sectors and their legal structures
Image of page 6
So the main point of classifying organisation by sector is which sector is organisation performs: private sector or public sector. Private sector is not controlled by the government, their primary goals is to find profit for their owner by fulfilling their customer requirement at an appropriate price, including: Sole traders: are who run the business on their own (individually). They independently carrying the profit or loss of the company. If they can t pay the debt in their business dealing then the creditor can ask for payment out of trader s non- business property. Partnership is owned and controlled by two or more persons in order to run a business.
Image of page 7
You've reached the end of this preview.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern