Managing property Business Essay Example | Topics and Well Written Essays - 1000 words

Managing property Business - Essay Example It has a gross turnover of 662 million Euros and a gross operating profit of 156 million Euros. This company has employed 3,300 employees across Europe. I. Being an investor in London one is guaranteed a dynamic offer in investment. London is one of the most dynamic and large cities of the world. This means there are wide ranges of opportunities available in London. Investment in real estate in this town offers an exposure in insurance, banking, technology, media, education industry and fashion industries. This needs different types of building, specification and a wide range of designs. Investment in this town will offer exposure to different risk profile and will help to reflect the dynamism of the town with creation of new building. Therefore investing my money in a big company will offer me this opportunity of transformation of London (BNP, 2013). II. The Technology, Media and Telecommunications (TMT) have a wide variety of companies associated with it. This includes the computer industry, software industry and start up tech companies. All this companies need a huge space for their location. In addition, the increasing numbers of people employed in these areas need a lot of space to stay and to carry out their work. The growth in these sectors therefore requires a company that is focused into the future. PNB Paribas Real Estate is one such company with research on future trends of the current market. This helps the company to plan and therefore be prepared to meet the future requirement in the dynamic world of real estate investment. With this in mind, it makes it prudent to invest in a company that lives the future and is prepared for the future. This gives security to the money invested (BNP, 2013). III. The economic recovery in UK has increased the confidence of investment in UK. This has increased both local and foreign investment in UK for real estate. Many executives from overseas companies

Human Resource Management Essay Example | Topics and Well Written Essays - 3500 words

Human Resource Management - Essay Example Some people believe the HR function can be performed by any person since traditionally; the role was performed by individuals who were the masters of the business. However, the business climate is dynamic and the role of HR has become more complex to be performed by any individual. Efforts such as certification are therefore being made to professionalize HRM and make HR professionals to be taken seriously by the senior management just like other fields and be considered as the strategic partner (Price, 2007). The nature and scope of HRM are very wide hence HR professionals perform many functions in the organization. This may warrant them to be recognized as professionals since their role is essential to the business. However, HR professionals need to demonstrate their value to the organization by showing results for them to be taken seriously. They also need to demonstrate certain qualities such as business knowledge, ability to support policies with data, strategic thinking among ot hers (Roehling et al. 2005). Most importantly, the managers must â€Å"continue to change and adapt to today’s complex, dynamic and fast-paced organizations if they are to grow and add value to the organization† (Sims 2007, p. 28). Scope and Concept of HRM The concept of HRM has evolved over time from personnel management to the current strategic human resource management. Just like other disciplines such as finance or marketing which are considered professional, HRM continues to grow and become more valuable especially as a result of globalization and other changes in the environment which require organizations to adapt to the changes and remain competitive or be pushed out of the market. For example, the growth of multinational has made the role of HR practitioners more complex as they have to deal with diversity issues (Redman & Wilkinson, 2009). Sims (2007) traces the origin of human resource management to England whereby craftspeople organized into guilds to regul ate employment conditions and also ensure quality. Later, the industrial revolution changed the nature of work to the factory system where employees were supervised by a person who was not the owner of the business. The workers undertook a trade test in order to join an organization and their jobs became more stable. Organizations in the 1920s began to have personnel departments to deal with employee payments, recruit workers and ensure compliance with government regulations. After World War II, there emerged new trends in personnel management with the formation of unions. The personnel managers had to deal with the unions to negotiate workers employment conditions hence the role of industrial relations emerged. According to Sims (2007), the personnel managers also undertook the role of recruiting and training women who were absorbed in the labour market. There was also the need to improve productivity hence the matching of people with jobs and concern for the worker's needs. It was believed that a satisfied worker was more productive. The development of theories such as Maslow’s hierarchy of needs led to the emergence of new ways of managing people.