Discover innovative workforce solutions that enhance productivity and employee engagement. Explore strategies for effective talent management and organizational success.
Most hospitals still lag when it comes to employee satisfaction. Notably, rather than sticking with the conventional human resource management approaches that hospitals insist on using, they should leverage innovative models used outside the health care sector. One such innovative approach for improving the workforce is People Analytics. Organizations operating in the technology industry use […]
Three Key Drivers of Labor Costs within A Specific Health Care Service, Facility, Or Other Health Sector-Related Occupation For the past decade, the labor share of hospital total expenses has been increasing. According to the Healthcare Financial Management Association (HFMA), hospitals in the US have created 586,500 new jobs in the past decade, significantly increasing
Scenario Imagine that you manage a department in a health care organization of your choosing. The organization recently merged with another, layoffs occurred, and departments are now being consolidated. Your department now has employees whose ages span four generations, three different cultural groups are represented, and conflict is brewing between them. The conflict is affecting
Smart managers pay attention to the past but understand that they and their organizations must change with changing times. This is why, in today’s world, innovative concepts continue to emerge to address emerging challenges and take advantage of opportunities. An area that has seen continuous is management, as organizations seek innovative approaches to improve their
General Motor is an automotive company that focuses on designing, manufacturing, and selling cars and automotive parts. The company’s success is highly based on human resources skills, knowledge, creativity, and innovativeness. One of the company’s main competitive advantage is based on having great talents, with a high level of experience in automotive design and production.
Diversity as a Predictor of Higher Productivity Maintaining a homogenous workforce can be costly for an organization. Diverse companies may outperform non-diverse firms by significant margins. This phenomenon occurs because homogenous groups are likely to think alike and are unlikely to discover problem areas that are not directly related to their experiences. They may repeatedly
Over the last decade, the role of HR has evolved to include a variety of areas. These areas include, but are not limited to: (a) the value of having a diverse workforce, (b) inshoring and outsourcing personnel management, (c) repatriating employees from foreign assignments, (d) ethical leadership methods and corporate culture, (e) local and global