quora
Nobody downloaded yet

Human Resource Management in Multinational Banks in Tanzania - Research Paper Example

Comments (0) Cite this document
Summary
The Standard Bank opened its operation in Tanzania in the 1995, right around the time that t he government had shifted away from its Ujamaa policy based on collective socialist ideas and instead opened up the market to competitive practices in order to boost the economy. The…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER94.3% of users find it useful
Human Resource Management in Multinational Banks in Tanzania
Read TextPreview

Extract of sample
"Human Resource Management in Multinational Banks in Tanzania"

Download file to see previous pages Standard Bank provides a variety of specialized financial services to the local population and is focused on the small business needs of the area. They have a formal hierarchy and channels of communication which run from top to bottom; making use of specific technology and softwares to manage their transactions smoothly. The strategic decisions, including HR functions are made in the Head Office with full operational control of all the activities taking place in each regional branch. The directives from the Head Office are issued to the regional Head Office and then passed on to the country branches. The Branch representatives are responsible for monitoring and implementing all the directives and for maintaining the company culture. Utilizing traditional African ideas and values the bank has a team based approach which fosters collective work mindset and a relaxed work environment. There is a structure enforced through physical space but communication is free flowing and relaxed with a mix of Swahili and English.
The company is concerned with the personal and professional satisfaction of its employees stating that “The more we treat our employees fairly, the more they will work well for us” (Newenham-Kahindi, 2007). Standard Bank has strong training and development programs, bringing in expatriates for extensive training with smaller in-house training programs available as well. These training sessions incorporated input from the employees and allowed local participation. A worker’s committee made up of bank representatives also serves to protect employee welfare; even though it does not have autonomous decision making. In many ways the bank is attempting to be mindful of the local needs and the traditional work expectations. However some areas of improvement have to be management correctly as the bank moves forward.
In recent ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Human Resource Management in Multinational Banks in Tanzania Research Paper”, n.d.)
Retrieved from https://studentshare.org/human-resources/1655158-human-resource-management-in-multinational-banks-in-tanzania
(Human Resource Management in Multinational Banks in Tanzania Research Paper)
https://studentshare.org/human-resources/1655158-human-resource-management-in-multinational-banks-in-tanzania.
“Human Resource Management in Multinational Banks in Tanzania Research Paper”, n.d. https://studentshare.org/human-resources/1655158-human-resource-management-in-multinational-banks-in-tanzania.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Multinational Human Resource Management
According to the paper multinational companies have been confronted with stiff competition for the past few decades. Forces of globalization such a use of e-marketing, linearization of international trade, product integration and marketing research have all posed profound impact on the way companies may improve their business performance.
7 Pages(1750 words)Essay
Human Resource Management
The value of these assets may not show up directly in the balance sheet of a company, nevertheless it has greater impact on the success of a business. Since human resources are major determinants of the ultimate business success, managing human resources effectively has been embedded in the practice of management.
5 Pages(1250 words)Research Paper
Assignment 4: Human Resource Management in Multinational Banks in Tanzania Due Week 8
However remote or advanced a market or a business environment may be, an organisation must engage effective performance management to motivate its personnel, attract and retain the most desirable talents and skills, ensure continuity even in the face of personnel exit [through death, resignation or retirement], build internal organisational cohesion or even achieve the attainment of organisational goals and mission.
6 Pages(1500 words)Research Paper
Human Resource Management
According to the paper globalization not only helps the organizations in attaining competitive advantage but also ensures sustained survival of the organizations. With the globalization of the organizations, it becomes imperative for the human resource management practices to become familiar with the latest environment.
5 Pages(1250 words)Research Paper
Human Resource Management
Some of the traditional methods of recruitment that companies have used in the past are college recruiting, in-house recruiting, and the use of advertisements of job positions in media channels such as the written press. It is imperative for human resource professionals to keep up with the latest trends in its industry.
3 Pages(750 words)Research Paper
Human Resource Management Overview
Proper managing of human resources is essential in recruitment, selection and maintenance of all staffs and it improves employee’s morale. These services among others enable heath care organizations to provide quality services hence improving patient’s health.
6 Pages(1500 words)Research Paper
Human Resource Management
r times, human resource department was almost invisible, with most of the activities included as a function of the other departments; for example, the appraisals were the responsibility of the concerned department, salaries were disbursed through the accounts and finance
6 Pages(1500 words)Research Paper
Human Resource Management (COSTCO)
Definitely not. By this single statement we cannot understand the spread, stretch and extension of COSTCO business all over the world. Actually Costco Wholesale is the biggest membership warehouse club situated in the United States. This
5 Pages(1250 words)Research Paper
Human Resource Management
The advanced concept of human resource management entails strategic planning which involves recruitment strategy planning, selection, training and development, performance appraisal, management and career development. In this way
10 Pages(2500 words)Research Paper
Human resource management
The local and global concept of human resource management is not the same always. The underlying concept of the human resource management is the monitoring policy, which is
9 Pages(2250 words)Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Let us find you another Research Paper on topic Human Resource Management in Multinational Banks in Tanzania for FREE!
logo footer
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • StudentShare App Store
  • StudentShare Google play
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • Miscellaneous
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us