MANAGEMENT, BALANCED SCORECARD, EMPLOYMENT Our major focus at the beginning of the Human Resource Management Simulation was to implement programs and policies that would balance the needs of employee
MANAGEMENT, BALANCED SCORECARD, EMPLOYMENT Our major focus at the beginning of the Human Resource Management Simulation was to implement programs and policies that would balance the needs of employee
THE HUMAN RESOURCE MANAGEMENT SIMULATION
MANAGEMENT, BALANCED SCORECARD, EMPLOYMENT
Our major focus at the beginning of the Human Resource Management Simulation was to implement programs and policies that would balance the needs of employees and the needs of the company while creating a profitable company that we would be proud to work for. A major part of balancing these needs was to carefully manage the budget allocated for the simulation. We created a budget spreadsheet to achieve this goal and used the spreadsheet to run various models each week. Our six goals for creating a superior workplace included: reducing turnover and increasing morale, diversity, quality, safety, and productivity.
Our strategies for accomplishing the six goals included raising wages and benefits to the market