Human Resource policies and practises Enhances Organisation's Essay

Human Resource policies and practises Enhances Organisation's Performance and Productivity.Critically Evaluate - Essay Example Others however try to take the short cut – increase work hours, cut-costs and overload employees – and expect to see productivity increase. Such organizations too have HR policies in place and practice them rigorously, but at the cost of reduction in employee moral and commitment. Organizations spend millions annually in recruiting, training and maintaining a workforce. Some also allocate budget for introducing latest fads on People Management and try to continuously upgrade their HR systems. But do HR policies actually affect employee’s productivity? Or productivity is dependent on an individual’s general attitude towards work, irrespective of how good or bad the organization’s HR practices are? Common sense says that good HR should correlate with productivity – but do ground data support this hypothesis? The author’s reasons to undertake the above research include the quest to answer the above questions. The research will give a chance to the author to find out the diverse and current HR practices that are popular (through literature survey) and also, to interact first hand with HR managers in organizations selected for carrying out the interviews. With this, the author hopes to not only benefit as a researcher but also to get insights into the interesting realm of worker’s psychology, while at the same time conclusively establishing the truth of his chosen topic. The primary objective of the present study is to discover if HR practices and policies do indeed influence the productivity and performance of an organization. This exercise, in addition to revealing insights about popular practices, will also justify spending (in terms of time and money) over the introduction and implementation of the same. A data -base of case-studies/news/articles that elaborate how different organizations benefited due to better HR practices. Also, a primary research will be conducted where the author will administer

Capital Structure Essay Example | Topics and Well Written Essays - 500 words

Capital Structure - Essay Example I strongly believe in this context that the use of debt and equity in a proportionate manner aids in raising capital. Thus, based on my understanding, businesses are identified to consider two important elements that include â€Å"cost of capital† and â€Å"Weighted Average Cost of Capital† (WACC) for the purpose of accomplishing their respective business targets in long term. Subsequently, by mixing debt and equity, the aforesaid two elements can be reduced as per my knowledge. I think that obtaining debt in an adequate manner as a source of capital ensures in generating low and real risks of financial distress (Grundy, n.d.). In this regard, I support the fact that the use of only debt financing or equity financing is accountable for making financial distress in long run. As per my understanding, market values play an imperative role for companies at the time of raising capital. These are important as investors invest based on firms’ value and risks associated with businesses. Subsequently, I consider that there exists a complex relationship prevailing between WACC and debt, as increased amount of debt has positive as well as negative influences on the capital structure of a company. Consequently, I conjure that WACC values increase for more returns and on the other hand, these decreases for low cost of debt as compared to equity. In this regard, from the viewpoints of Modigliani & Miller, I understood that the market value of companies is not based on their respective capital structure totally but is also dependent on other factors (Grundy, n.d.). I strongly believed that gearing is a procedure of ascertaining capital structure of a company based on the relationship persisting between equity and debt. Thus, movements of WACC and share price impose significant impact on shareholders’ wealth. In this regard, the best example of understanding different aspects of debt and equity