netrashetty
Netra Shetty
Imation NYSE: IMN is a US based multi-national corporation that designs, manufactures, sources or markets a wide range of recordable data storage media and consumer electronics products.
The company is a 1996 spin off of 3M and is headquartered in Oakdale, Minnesota. The company originally consisted of former 3M divisions involved in the design, manufacture and sales of data storage, medical imaging, printing, photographic film, optical and specialty paper products. Imation has since sold all but its core data storage media products business.
The company has been involved in the development of many technological improvements in data storage, such as the introduction of the first magnetic tape in 1947, the first quarter inch tape cartridge for data storage (QIC) in 1971 and the 3.5-inch (89 mm) floppy diskette in 1984. The company now has a market presence in more than 100 countries.
Oil production is the focus of the Saudi economy. Oil and oil products make up around 90 to 95 per cent of total Saudi export earnings, providing over 75 per cent of the country’s budgetary revenues (Mellahi and Wood 2001, p. 135). Saudi Arabia was greatly affected by the drop in oil prices since the mid-1980s. The Gulf War also had a severe impact on the economy. Job creation also dropped because of the stagnant economy.
Although the Saudi government advocates a free market economy, and since the 1990s has encouraged the private sector to take up the responsibility of economic development, the fact remains that the government still holds tight control over economic and social development policies and activities. The regulation of the economy remains state-centered. Large state corporations, generally monopolies, dominate the Saudi economy. These firms include the oil firm Saudi ARAMCO, the Saudi Basic Industries Corporation (SABIC), The Saudi Telephone Company (STC) and several other large firms.
Political Environment
Saudi Arabia is a theocratic, Islamic traditional monarchy, based on tribal system with a large royal family. Within this traditional form of government, the central figure of government is the King, who is head of the House of Saud, the Chief of State and Head of Government. In this form of political system which lacks a written constitution in the political sense, the Koran is considered the constitution and the principles of the Sharia law. The King is the highest authority in the land and challenge to political power in any shape or form is not tolerated. Consequently, employees, both Saudis and foreigners are not allowed to establish trade unions and/or form similar associations.
Human resource management serves these key functions:
1. Recruitment & Selection
2. Training and Development (People or Organization)
3. Performance Evaluation and Management
4. Promotions/Transfer
5. Redundancy
6. Industrial and Employee Relations
7. Record keeping of all personal data.
8. Compensation, pensions, bonuses etc in liaison with Payroll
9. Confidential advice to internal 'customers' in relation to problems at work
10. Career development
11. Competency Mapping
12. Time motion study is related to HR Function
13. Performance Appraisal
MODERN ANALYSIS
Modern analysis emphasizes that human beings are not "commodities" or "resources", but are creative and social beings in a productive enterprise. The 2000 revision of ISO 9001 in contrast requires identifying the processes, their sequence and interaction, and to define and communicate responsibilities and authorities. In general, heavily unionized nations such as France and Germany have adopted and encouraged such job descriptions especially within trade unions. The International Labour Organization also in 2001 decided to revisit, and revise its 1975 Recommendation 150 on Human Resources Development.
One view of these trends is that a strong social consensus on political economy and a good social welfare system facilitates labor mobility and tends to make the entire economy more productive, as labor can develop skills and experience in various ways, and move from one enterprise to another with little controversy or difficulty in adapting. Another view is that governments should become more aware of their national role in facilitating human resources development across all sectors.
EMPLOYMENT TREND
As person 38th round, there were 255.7 million persons employed in the ‘usual status’ sense, that is employed for major part of time of 365 days reference period. For the purposes of comparing the 38th round employment estimates with the 32nd and 27th round employment estimate, an estimate of 31.7 million marginally employed obtained on the basis of usual subsidiary status of the non-workers was added to 255.7 million to make it 287.4 million employed.
This number constituted 48.51% of the respective total population.in 1977-78, as per 32nd round, the total employed which included marginal workers constituted 42.34% of the respective total population. This indicated an overall increase of 6.17% in total employment in relation to population during the period 1977-78 to 1983.
The company is a 1996 spin off of 3M and is headquartered in Oakdale, Minnesota. The company originally consisted of former 3M divisions involved in the design, manufacture and sales of data storage, medical imaging, printing, photographic film, optical and specialty paper products. Imation has since sold all but its core data storage media products business.
The company has been involved in the development of many technological improvements in data storage, such as the introduction of the first magnetic tape in 1947, the first quarter inch tape cartridge for data storage (QIC) in 1971 and the 3.5-inch (89 mm) floppy diskette in 1984. The company now has a market presence in more than 100 countries.
Oil production is the focus of the Saudi economy. Oil and oil products make up around 90 to 95 per cent of total Saudi export earnings, providing over 75 per cent of the country’s budgetary revenues (Mellahi and Wood 2001, p. 135). Saudi Arabia was greatly affected by the drop in oil prices since the mid-1980s. The Gulf War also had a severe impact on the economy. Job creation also dropped because of the stagnant economy.
Although the Saudi government advocates a free market economy, and since the 1990s has encouraged the private sector to take up the responsibility of economic development, the fact remains that the government still holds tight control over economic and social development policies and activities. The regulation of the economy remains state-centered. Large state corporations, generally monopolies, dominate the Saudi economy. These firms include the oil firm Saudi ARAMCO, the Saudi Basic Industries Corporation (SABIC), The Saudi Telephone Company (STC) and several other large firms.
Political Environment
Saudi Arabia is a theocratic, Islamic traditional monarchy, based on tribal system with a large royal family. Within this traditional form of government, the central figure of government is the King, who is head of the House of Saud, the Chief of State and Head of Government. In this form of political system which lacks a written constitution in the political sense, the Koran is considered the constitution and the principles of the Sharia law. The King is the highest authority in the land and challenge to political power in any shape or form is not tolerated. Consequently, employees, both Saudis and foreigners are not allowed to establish trade unions and/or form similar associations.
Human resource management serves these key functions:
1. Recruitment & Selection
2. Training and Development (People or Organization)
3. Performance Evaluation and Management
4. Promotions/Transfer
5. Redundancy
6. Industrial and Employee Relations
7. Record keeping of all personal data.
8. Compensation, pensions, bonuses etc in liaison with Payroll
9. Confidential advice to internal 'customers' in relation to problems at work
10. Career development
11. Competency Mapping
12. Time motion study is related to HR Function
13. Performance Appraisal
MODERN ANALYSIS
Modern analysis emphasizes that human beings are not "commodities" or "resources", but are creative and social beings in a productive enterprise. The 2000 revision of ISO 9001 in contrast requires identifying the processes, their sequence and interaction, and to define and communicate responsibilities and authorities. In general, heavily unionized nations such as France and Germany have adopted and encouraged such job descriptions especially within trade unions. The International Labour Organization also in 2001 decided to revisit, and revise its 1975 Recommendation 150 on Human Resources Development.
One view of these trends is that a strong social consensus on political economy and a good social welfare system facilitates labor mobility and tends to make the entire economy more productive, as labor can develop skills and experience in various ways, and move from one enterprise to another with little controversy or difficulty in adapting. Another view is that governments should become more aware of their national role in facilitating human resources development across all sectors.
EMPLOYMENT TREND
As person 38th round, there were 255.7 million persons employed in the ‘usual status’ sense, that is employed for major part of time of 365 days reference period. For the purposes of comparing the 38th round employment estimates with the 32nd and 27th round employment estimate, an estimate of 31.7 million marginally employed obtained on the basis of usual subsidiary status of the non-workers was added to 255.7 million to make it 287.4 million employed.
This number constituted 48.51% of the respective total population.in 1977-78, as per 32nd round, the total employed which included marginal workers constituted 42.34% of the respective total population. This indicated an overall increase of 6.17% in total employment in relation to population during the period 1977-78 to 1983.