Tuesday, May 14, 2019

Management research project Paper Example | Topics and Well Written Essays - 3500 words

Management project - Research Paper ExampleThe paper forget critically evaluate how human resource in the bank incorporates strategies and policies to better handle and hold revolution within its workforce. Research Objectives The broad objective of the study is to find prohibited how OCBC handle the issue of its various(a) workforce. The three specific objectives of the study are To establish how diverse the workforce in OCBC is. To find out the existing strategies and policies employed by the human resource management regarding diverse workforce To examine the challenges brought slightly by a diverse workforce Research Question How diverse is the OCBC workforce in capital of Singapore? What are the existing strategies and policies utilise by the human resource management in handling mixed bag in its employees? What are the challenges brought about by a diverse workforce Research Methodology some(prenominal) qualitative and quantitative research design pass on be utilized as they exit incubate the broad aspects of the study and enable a concrete conclusion and recommendation to be drawn. The tool used to collect data includes both primary and secondary sources. Questionnaires as well as interview guides get out be distributed to OCBC employees and the human resource department respectively as they are the target population. Data will be analyzed using SPSS and presented descriptively using tables, charts and graphs. Random and careful biased sampling will be used to arrive at the craved sample Literature Review It has been argued that human or workforce is the most important asset that dictates the future of any organization, OCBC Bank in Singapore non being an exception. According to Boxall & Purcell, 2008 workplace diversity has been defined severally but virtuoso definition espouse is variety of differences and uniqueness among and between individuals within an organization. The concept entails issues relating to of age, sex, religion, abilit y, disability, race, ethnic groups, color, nationality and even sex orientation, educational scope, personal credit line title to mention but a few. If the HR have in place best strategies and policies to nurture diversity, the results are better as it helps in increasing adaptability, widening service range, more effective focussing of executing duties as well as bring a diverse ideas that can yield the desired satisfaction to customers hence propelling the organization to greater heights (Katharine, et al 1995). On the other hand, on that point are challenges brought about by a diverse workforce and this include resistance to change, hindrance on implementation of diversity in place of work polices, difficulties in sharing information Company background OCBC is the longest operating bank in Singapore having been established in 1912. Today, OCBC has been ranked by macrocosm analysts as the second largest financial services group in Southeast Asia, most highly-rated bank and one of the worlds strongest bank ( OCBC Annual Report 2010). OCBC provides financial services

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