ADM 2337 Section C Human Resource Management Fall 2011 Strategic Pay Plans
Strategic Importance of Total Rewards
Total Rewards an integrated package of all rewards (monetary and non-monetary, extrinsic and intrinsic) gained by employees arising from their
Weinstein, M. 1999. Railbirds, scouts, and independent booksellers: Towards a constructivist
interpretation of new business formation. Irish Marketing Review, 12(1): 3-17.
Westley, F., & Vredenburg, H. 1996. Sustainability and the corporation: Criteria fo
the concepts of enterprise and entrepreneurship in conjunction with employability are to become an
integral part of the HE teaching and learning experience in all disciplines not just business education.
This will not be a simple task. Simply providing co
SHOOTING THE ENTREPRENEURIAL RAPIDS
Bill Masters, founder of Perception, Inc., the world's leading kayak manufacturer, learned the value
of hard work early on. Having worked all but three months of his life since he was ten, Masters quickly
gained the sma
2 Facilitators @ 95 each
Participant Transport Reimbursement @ 5
participants for 3days
Hire of Flip Chart
Part 5: Case Studies
The following text cases complement lecture and assignments for the topics presented in this
Case 1: Promethean Power Systems
Case 2: Mixed Chicks
Case 3: True Body Products
Case 10: Studio-310
Case 11: Ann Bevans Collective
A series of collective factors play the roles of creating the proactive environment for success
in any dimension of life, including exiting a crisis:
A clear VISION with a feasible MISSION and achievable OBJECTIVES
A PROJECT with a COMMON PURPOSE/IDEN
Future orientation and vision
Willingness to take calculated risks
1. Have you encountered a stress point recently or talked with someone who has? If so, is
there a potential business opportunity present? How would you describe the
1 Student must be in class on time.
2 Students will get first verbal warning from his faculty member after missing cumulative
classes equivalent to one week in a course.
3 After missing cumulative classes equivalent to two weeks in a co
Because big business is more visible than small business, most people underestimate the
role of the small firm in the U.S. economy.
The definition of a Small Business is:
1. One which is independently owned and operated and not dominant in its field.
experiences on how they used the available resources. Leave plenty of time for questions!
Non-profits via Pro-profits: Mutual Synergies
How-to workshop on legal and practical ways of how to create mutually beneficial
relationships in sales,
service an pro
Throughout history, Olympic athletes have pushed back the frontiers of their sports by developing
new techniques, improved training methods, and innovative solutions to existing problems. Two of the best
examples of applying creativity to their sports are
attention to entrepreneurship introducing courses in the field. Singapore is one such country to join
these ranks with its newest offering, a private university, taking as its theme management education
with the mission to produce entrepreneurial leaders:
a. Employment Law
Jan 17- 21
b. Contract Law
c. Sales Law
Comprehensive 40 % marks
Notes of BIT-200
Introduction to Entrepreneur
Meaning of an Entrepreneur One who creates a new business in th
From the pedagogical perspective, it permits the university to go beyond the traditional classroom to
incorporate more experiential learning. In this case, SMU will be able to employ action learning.
Elements of action learning (i.e., real problems, fello
Individual and Group Motivation
Meaning of Training: Training is the systematic instruction of staff at all levels in new
attitudes or new skills.
Methods of training
Individual Training In this a single person is selected for t
7. What is a small business? What contributions do they make to our economy? (LO 6)
A small business is one which is independently owned and operated and not dominant in
its field of operation. One of the most common measure of small business is the numbe
entrepreneurs and organizations in SMU courses. Students can also form teams to participate in
competitions in Singapore and abroad. Some details of SMU Entrepreneurship Development Agenda are
provided in Appendix 1 to this paper.
The UOB-SMU Entrepreneur
1. How does the human brain function? What operation does each hemisphere specialize in? What
hemisphere is the seat of creativity?
Each hemisphere of the human brain processes information differently and one side of the brain
tends to be dominant over th
Lack of business know how
Lack of Motivation
Lack of Time Management
Lack of attachment with business
Difference Between Entrepreneurship and Intrapreneurship
An entrepreneur is an
An entrepreneur h
Q2. Try the companys approach yourself. Work with a team of your classmates to select an every day
product and brainstorm ways in which it could be improved.
Q3. How would you determine the market potential of your new and improved design?
A1. The old bus
Management succession plans
Cost of formation
Forms of Ownership
Limited Liability Company
A separate legal entity from it
dimension is a source of opportunity for the exchange of experiences and a tool for creating
a greater European identity inside and outside of Europe.
Today Europe is 27 talented, cohesive and productive Member States, with neighbouring
Conclusion and recommendations
This opinion seeks to identify ways to value European citizens potential and bring it to
action. It uses an all inclusive approach to create opportunities for a greater amount
of people independent of age, gender, race, abil
What to do when Your Idea is rejected?
Give up and select a new idea.
Listen carefully, understand what is wrong, improve your idea and your presentation,
and try again.
Detailed Guidelines to Launch an Industry
1. Selection of Industry
2. Factory Accommo
ADM 2337 M WINTER 2012- REVIEW QUESTIONS FOR THE MID-TERM EXAM 1. What is the strategic role of Human Resources Management (HRM)? p:2 2. What are the HRM responsibilities? (operational & strategic) p: 3-5 3. How does the external environment influence HRM
ADM 2337 Section C Human Resource Management Fall 2011 PPP and Financial Incentives Benefits and Services
Money and Motivation
Variable Pay any plan that ties pay to productivity or profitability
Variable Pay Programs, 2008
Types of Incentive P
ADM 2337 Section C Human Resource Management Fall 2011 Performance Management, Health & Safety and Employee Management
process encompassing all activities related to improving employee performance, productivity, and effectiveness i
ADM 2337 Section C Human Resource Management Fall 2011 Managing HR Globally and Career Development
Globalization of Business and Strategic HR
Globalization of business is now the norm Expatriate
employees who are citizens of the country where the parent
European Economic and Social Committee
mechanisms for climbing
out of the crisis
Brussels, 15 September 2010
INT/519 - CESE 1165
The programme provide specific resources in the form of
incubation space; and
financing under the Entrepreneurial Talent Development Fund.
It has had modest success in the form of Savvy Foods who have graduated from the incubator and
Lumiere a new venture
3. What advice would you give them on how to prevent their special way of operating from being copied?
Sources: Adapted From Sharon Nelton, "Partners in Entrepreneurship," Nation's Business, March 1989, pp.
38-39; Michael Barrier, "Rolling in Dough," Nati
(a) Business/consultancy in area of
General Business skills
professional specialisation or working as
such as marketing, time
This typically happens 7-10 years after
graduation due to the requirement to
1. Viewing problems as challenges
2. Providing creativity training
3. Providing support
4. Developing a procedure for capturing ideas
5. Rewarding creativity
6. Modeling creative behavior
Enhancing Individual Creativity by using the following techniques:
The World of the Entrepreneur
A study by the Global Entrepreneurship Monitor (GEM) found that 12.3 percent, or one in
eight people, of the adult population in the United States is working to start a business.
North America, South America, and Latin A