netrashetty
Netra Shetty
Arch Coal (NYSE: ACI) is an American coal mining and processing company. The company mines, processes, and markets bituminous and sub-bituminous coal with low sulfur content in the United States. Arch Coal is the second largest supplier of coal in the U.S. behind Peabody Energy. [3] The company supplies 16% of the domestic market. [4] Demand comes mainly from generators of electricity.[5]
Arch Coal operates 21 active mines and controls approximately 3.1 billion tons of proven and probable coal reserves, located in Central Appalachia, the Powder River Basin, and the Western Bituminous regions.[6] The company operates mines in Colorado, Kentucky, Utah, Virginia, West Virginia and Wyoming, and is headquartered in St. Louis, Missouri.[7] The company sells a substantial amount of its coal to producers of electric power, steel producers and industrial facilities.
uman resource management and recruiting is one of the chief responsibilities undertaken by PEOs (professional employer organizations). A PEO offers HR outsourcing solutions and takes over the human resource management of its client company. It offers comprehensive solutions in a cost-effective manner to client companies to ensure they can attain profitability through reduced costs and increased productivity. By handing over non-core responsibilities such as HR management to a PEO, companies can shift all the resources to their revenue earning tasks, and ensure better returns and great competitiveness in the market.
Professional PEO Solutions Ensure Profitability for Client Companies
A PEO understands the needs of its client organization and ensures its services are flexible to its business demands. PEO solutions will ensure profitability to the firm and that's true whatever be the nature of business or the scale of operation of the concern. Firms needn't outsource all their HR responsibilities. They can, if they desire, hand over one or two tasks connected with HR management to a PEO. One of these is recruitment.
Human resource management and recruiting are of vital importance, as recruiting brings fresh talents to the organization. They need to be managed effectively so they can give their best to their organization. It's also important that the right individuals are hired, so a good testing process needs to be implemented as well. Recruitment covers all this and much more. It includes reviewing the applicant, testing the skills, conducting background checks, drug testing, providing wage and salary data
In connection to the concept of HRD, strength-based approach is about focusing on the different strengths of the employees, at the same time recognizing the different aspects or areas where in an individual shows weaknesses. Thus, different theories regarding motivation and encouragement for the employees and their respective working environment is also being tackled. This is due to the fact that the by using the strength based approach in the workplace, leaders can bring happiness to the workplace, thus their happiness can lead to a better productivity, engagement as well as retention (Human Resources 2007). These factors or aspects are considered as the primary reason behind the implementation of HRD. Thus, it also focuses on the development of the most superior workforce in order for the organization as well as individual employees to accomplish their work goals in the service to their customers (Heathfield n.d.).
In terms of development, the said approach can help individuals as well as the whole organization to focus on the different strengths of the employees, and use the said strengths in their respective areas, therefore, helping the employees to focus on specific area, rather than focusing on different aspects of their abilities and skills at one time. This will help to speed up the learning process of individual, therefore, helping the entire organization to enhance their most important asset, the human resource. Aside from that, the said approach also focuses on the different weaknesses of each individual, but in minor manner. However, due to the said aspect, it will enable individuals to be motivated due to the fact that they are designated to work and handle responsibilities that are based on their strengths, therefore, making it easy for them to work.
In terms of development, strength based approach will help the individual and organization to be involved in different programs that will focus on enhancing key strengths of the employees. Thus, it also focuses on the different aspects of coaching and training. However, application of strength based approach can help to enhance the motivation of the employees due to the fact that their strengths are considered as the raw materials in the entire development process of the human resource.
Just like any approach or methods, it is important to consider that application of strengths-based approach cannot be effective over night. It takes time in order to see the results of the effort. Thus, it can cause several changes in terms of policies and regulations inside the organization and the company must focus on informing the employees regarding the said change. It is important to consider that in any development, there will be positive and negative impact both for the employees and the organization. This can be solved or prevented by intensive communication process by informing the employees regarding the reasons and benefits of the said changes. It will also be important to focus on the individual reactions and feelings regarding the application of the said approach.
In general, it can be said that the strength-based approach is an important aspect of the entire human resource management and it is helpful in the process of human resource development process. This is due to the fact that it can help to focus on the abilities, skills and knowledge of the employees in meeting their satisfaction, thus motivating them to work at their best that will reflect on the entire performance of the company that will help to maintain their competitive advantage.
Arch Coal operates 21 active mines and controls approximately 3.1 billion tons of proven and probable coal reserves, located in Central Appalachia, the Powder River Basin, and the Western Bituminous regions.[6] The company operates mines in Colorado, Kentucky, Utah, Virginia, West Virginia and Wyoming, and is headquartered in St. Louis, Missouri.[7] The company sells a substantial amount of its coal to producers of electric power, steel producers and industrial facilities.
uman resource management and recruiting is one of the chief responsibilities undertaken by PEOs (professional employer organizations). A PEO offers HR outsourcing solutions and takes over the human resource management of its client company. It offers comprehensive solutions in a cost-effective manner to client companies to ensure they can attain profitability through reduced costs and increased productivity. By handing over non-core responsibilities such as HR management to a PEO, companies can shift all the resources to their revenue earning tasks, and ensure better returns and great competitiveness in the market.
Professional PEO Solutions Ensure Profitability for Client Companies
A PEO understands the needs of its client organization and ensures its services are flexible to its business demands. PEO solutions will ensure profitability to the firm and that's true whatever be the nature of business or the scale of operation of the concern. Firms needn't outsource all their HR responsibilities. They can, if they desire, hand over one or two tasks connected with HR management to a PEO. One of these is recruitment.
Human resource management and recruiting are of vital importance, as recruiting brings fresh talents to the organization. They need to be managed effectively so they can give their best to their organization. It's also important that the right individuals are hired, so a good testing process needs to be implemented as well. Recruitment covers all this and much more. It includes reviewing the applicant, testing the skills, conducting background checks, drug testing, providing wage and salary data
In connection to the concept of HRD, strength-based approach is about focusing on the different strengths of the employees, at the same time recognizing the different aspects or areas where in an individual shows weaknesses. Thus, different theories regarding motivation and encouragement for the employees and their respective working environment is also being tackled. This is due to the fact that the by using the strength based approach in the workplace, leaders can bring happiness to the workplace, thus their happiness can lead to a better productivity, engagement as well as retention (Human Resources 2007). These factors or aspects are considered as the primary reason behind the implementation of HRD. Thus, it also focuses on the development of the most superior workforce in order for the organization as well as individual employees to accomplish their work goals in the service to their customers (Heathfield n.d.).
In terms of development, the said approach can help individuals as well as the whole organization to focus on the different strengths of the employees, and use the said strengths in their respective areas, therefore, helping the employees to focus on specific area, rather than focusing on different aspects of their abilities and skills at one time. This will help to speed up the learning process of individual, therefore, helping the entire organization to enhance their most important asset, the human resource. Aside from that, the said approach also focuses on the different weaknesses of each individual, but in minor manner. However, due to the said aspect, it will enable individuals to be motivated due to the fact that they are designated to work and handle responsibilities that are based on their strengths, therefore, making it easy for them to work.
In terms of development, strength based approach will help the individual and organization to be involved in different programs that will focus on enhancing key strengths of the employees. Thus, it also focuses on the different aspects of coaching and training. However, application of strength based approach can help to enhance the motivation of the employees due to the fact that their strengths are considered as the raw materials in the entire development process of the human resource.
Just like any approach or methods, it is important to consider that application of strengths-based approach cannot be effective over night. It takes time in order to see the results of the effort. Thus, it can cause several changes in terms of policies and regulations inside the organization and the company must focus on informing the employees regarding the said change. It is important to consider that in any development, there will be positive and negative impact both for the employees and the organization. This can be solved or prevented by intensive communication process by informing the employees regarding the reasons and benefits of the said changes. It will also be important to focus on the individual reactions and feelings regarding the application of the said approach.
In general, it can be said that the strength-based approach is an important aspect of the entire human resource management and it is helpful in the process of human resource development process. This is due to the fact that it can help to focus on the abilities, skills and knowledge of the employees in meeting their satisfaction, thus motivating them to work at their best that will reflect on the entire performance of the company that will help to maintain their competitive advantage.
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