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 1. Introduction 
 2. External environment of an organization and its stakeholders 
 3. Types of organizations 
 4. Steps for setting up a company 
 5. Organizational structures (AT Kearney presentation) 
 6. Human resources department 
 7. Branding: case study (guest speaker: Paul Markovits) 
 8. Management function 
 9. Marketing and sales department (AT Kearney presentation) 
 10. Production, acquisition and logistics (AT Kearney presentation) 
 11. Accounting, finance and investments (Finance Secretary of State – Enache Jiru) 
 12. Controlling function within an organization 
 13. Other departments 
 14. Exam recap
1. Branding: 
 a) Market Strategy and Brand positioning 
 b) Customer decision making and the role of the brand 
 c) Brand communications and repositioning 
 
2. Go to market strategies: 
 a) Channel strategy and online-offline interaction 
 b) How to find lead users and to facilitate influence and 
contagion 
 c) Social targeting, Social advertising and persuasion 
 
3) Social marketing
• To list the main functions of human resources department 
• To cite at least five methods recruiters use to find job candidates 
• To identify the stages in the hiring process 
• To list several popular types of employee incentive programs 
• To highlight several important employee benefits 
• To describe three ways an employee’s status might change and 
discuss why many employers prefer to fill job vacancies from within
 1. Microsoft 
 2. Oracle 
 3. Google 
 4. BCR 
 5. IBM 
 6. Continental 
 7. Orange 
 8. OMV Petrom 
 9. HP 
 10. Vodafone 
 11. BRD Groupe Société Générale 
 12. Coca-Cola 
 13. P&G 
 14. Siemens 
 15. KPMG 
 16. Adobe 
 17. PwC 
 18. Emerson 
 19. ING Bank 
 20. Banca Transilvania
• Planning for a company’s staffing needs 
• Recruit and hire the right people 
• Training and development of the personnel 
• Appraise employee performance 
• Administer compensation and employee 
benefits 
• Oversee changes in employment status 
Challenge: accelerating rate of employees’ 
turnover
Proper planning is critical….Why???...Problems with overstaffing or understaffing 
Forecasting employees’ demand and estimating supply of available employees (on 
the market/ inside the company) 
Part-time or temporary employees (temps) whose schedules can be rearranged to meet 
the company’s needs (see labor legislation within many European countries) 
Advantages of temporary work 
Outsourcing, personal leasing 
Job analysis- the process of studying jobs in a company to determine the tasks and 
dynamics involved in performing them 
Job description- a formal statement summarizing the tasks involved in the job and the 
conditions under which the employee will work 
(What is the purpose of the job?, What tasks are involved in the job?, What qualifications 
and skills are needed to perform the job? Which are the working conditions? Does the job 
entail much pressure? Etc.) 
Job specification- a statement describing the skills, education and previous experience 
required by the job 
Who develops the job description and specification?
Recruitment and hiring process 
Recruitment channels
Recruitment and hiring process 
Flyers, posters, conferences and other 
events 
Referrals from employees or colleagues in the industry 
Headhunting- people who try to attract people from other 
industries
Look for someone inside the 
organization 
Rely on networking contacts 
and personal 
recommendation 
Selection steps 
Hire an employment agency Review unsolicited resumes Place/ read a job ad 
It might last between from a few weeks to months 
Application documents: CV, application letter, references, certificates etc. 
Preselection of the application files 
Interview (phone or face to face) 
In depth interview/ tests (intelligence/ personality, abilities)/ assessment center 
Checking references 
Negotiating salary package 
Employers have to avoid discrimination and respect privacy of 
applicants 
Overqualified and under qualified employees
Orientation programs- sessions or procedures for acclimating a new employee to the 
organization (information about company’s history and structure, safety regulations, 
organizational culture, working hours, benefit plans etc.) 
Training programs- employees competence has a direct impact on productivity and 
profits 
In house/ external trainings/ courses, exams/ in some cases under certain conditions 
Job training - focuses on teaching employees the required skills and procedures to 
operate company equipment in a safe and efficient manner 
Coaching- is a development process in which a trainee receives specialized support 
from a coach when trying to achieve a certain professional or personal objective. 
Mentorship – is a relationship between a more experienced person and a less 
experienced one (apprentice). True mentoring goes beyond answering occasional 
questions or providing help for specific problems. It involves an ongoing relationship of 
learning, dialog and challenge.
Performance appraisal- evaluation of an employee’s work according to 
specific criteria 
Most companies require regular written evaluations, standard form 
360 degree review- performance 
appraisal is performed by several 
people; by moving the review process 
from one-dimensional to a 
multidimensional format the possible 
bias are corrected 
Very difficult to measure productivity/ employee in the 
service sector or employees who work in teams 
Feedback to employees
Compensation- a combination of payments in the form of wages or salaries, incentive 
payments and employee benefits 
Wages= direct incentive in form of cash payment based on calculating the number of 
hours worked, the number of units produced or a combination of both 
Minimum wage/ maximum 40 hours/week overtime 
Salary= fixed weekly, monthly or yearly cash compensation for work; the compensation 
is based on time, but the unit of time is a week, a month or a year; normally no pay for 
the extra hours worked 
Incentive programs- cash payments linked to the achievement of specific goals 
Bonuses- the payment in addition to the regular wage/ salary as a reward for 
achievement 
Commissions- payments equal to a certain percentage of sales made 
Profit sharing- system for distributing a portion of a company’s profit to employees 
Knowledge based pay- is related to an employees’ acquisition of skills; because 
employees do not compete with each other, it enhances teamwork.
Employee benefits- financial benefits other than wages, salaries and incentives 
Flexible benefits plans- according to everyone's needs 
Additional insurance (life, health, disability etc.) 
Retirement benefits – pension plans 
Sock ownership plans – contracts allowing employees to purchase or sell a 
certain number of shares of a particular stock at a given price- ties employees’ 
compensation to companies goals- more motivated employees- employees 
become owners 
Family benefits- daytime child care, elder- care assistance, payment of tuition fees 
for children in case of relocation 
Other benefits- paid holydays, gym studio, car, phone, paid sabbatical period, 
tuition fees, wellness programs
Promoting and reassigning employees 
-allows the company to benefit from the training and experience of its own 
workforce 
- rewards employees with good results and motivates them 
- risks when making execution personnel managers 
Terminating employees 
-layoffs (termination of employees for economic or business reasons unrelated to 
employee performance) or firing (for poor performance) 
- companies are encouraged to avoid as much as possible layoffs and to maintain 
the jobs 
Retirement 
- mandatory retirement makes it necessary for people to quit working as soon as 
they turned a certain age 
- worker buyout- inducing employees to depart by offering them financial 
incentives
Labor productivity in Romania 
compared to other EU countries 
Source: Bechir, 2011
Source: http://epp.eurostat.ec.europa.eu/statistics_explained/index.php/Unemployment_statistics, 2012
Chris MacGregor – 24 yrs
Matthew Hodgson, 18 yrs

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  • 2.  1. Introduction  2. External environment of an organization and its stakeholders  3. Types of organizations  4. Steps for setting up a company  5. Organizational structures (AT Kearney presentation)  6. Human resources department  7. Branding: case study (guest speaker: Paul Markovits)  8. Management function  9. Marketing and sales department (AT Kearney presentation)  10. Production, acquisition and logistics (AT Kearney presentation)  11. Accounting, finance and investments (Finance Secretary of State – Enache Jiru)  12. Controlling function within an organization  13. Other departments  14. Exam recap
  • 3. 1. Branding:  a) Market Strategy and Brand positioning  b) Customer decision making and the role of the brand  c) Brand communications and repositioning  2. Go to market strategies:  a) Channel strategy and online-offline interaction  b) How to find lead users and to facilitate influence and contagion  c) Social targeting, Social advertising and persuasion  3) Social marketing
  • 4. • To list the main functions of human resources department • To cite at least five methods recruiters use to find job candidates • To identify the stages in the hiring process • To list several popular types of employee incentive programs • To highlight several important employee benefits • To describe three ways an employee’s status might change and discuss why many employers prefer to fill job vacancies from within
  • 5.  1. Microsoft  2. Oracle  3. Google  4. BCR  5. IBM  6. Continental  7. Orange  8. OMV Petrom  9. HP  10. Vodafone  11. BRD Groupe Société Générale  12. Coca-Cola  13. P&G  14. Siemens  15. KPMG  16. Adobe  17. PwC  18. Emerson  19. ING Bank  20. Banca Transilvania
  • 6. • Planning for a company’s staffing needs • Recruit and hire the right people • Training and development of the personnel • Appraise employee performance • Administer compensation and employee benefits • Oversee changes in employment status Challenge: accelerating rate of employees’ turnover
  • 7. Proper planning is critical….Why???...Problems with overstaffing or understaffing Forecasting employees’ demand and estimating supply of available employees (on the market/ inside the company) Part-time or temporary employees (temps) whose schedules can be rearranged to meet the company’s needs (see labor legislation within many European countries) Advantages of temporary work Outsourcing, personal leasing Job analysis- the process of studying jobs in a company to determine the tasks and dynamics involved in performing them Job description- a formal statement summarizing the tasks involved in the job and the conditions under which the employee will work (What is the purpose of the job?, What tasks are involved in the job?, What qualifications and skills are needed to perform the job? Which are the working conditions? Does the job entail much pressure? Etc.) Job specification- a statement describing the skills, education and previous experience required by the job Who develops the job description and specification?
  • 8. Recruitment and hiring process Recruitment channels
  • 9. Recruitment and hiring process Flyers, posters, conferences and other events Referrals from employees or colleagues in the industry Headhunting- people who try to attract people from other industries
  • 10. Look for someone inside the organization Rely on networking contacts and personal recommendation Selection steps Hire an employment agency Review unsolicited resumes Place/ read a job ad It might last between from a few weeks to months Application documents: CV, application letter, references, certificates etc. Preselection of the application files Interview (phone or face to face) In depth interview/ tests (intelligence/ personality, abilities)/ assessment center Checking references Negotiating salary package Employers have to avoid discrimination and respect privacy of applicants Overqualified and under qualified employees
  • 11. Orientation programs- sessions or procedures for acclimating a new employee to the organization (information about company’s history and structure, safety regulations, organizational culture, working hours, benefit plans etc.) Training programs- employees competence has a direct impact on productivity and profits In house/ external trainings/ courses, exams/ in some cases under certain conditions Job training - focuses on teaching employees the required skills and procedures to operate company equipment in a safe and efficient manner Coaching- is a development process in which a trainee receives specialized support from a coach when trying to achieve a certain professional or personal objective. Mentorship – is a relationship between a more experienced person and a less experienced one (apprentice). True mentoring goes beyond answering occasional questions or providing help for specific problems. It involves an ongoing relationship of learning, dialog and challenge.
  • 12. Performance appraisal- evaluation of an employee’s work according to specific criteria Most companies require regular written evaluations, standard form 360 degree review- performance appraisal is performed by several people; by moving the review process from one-dimensional to a multidimensional format the possible bias are corrected Very difficult to measure productivity/ employee in the service sector or employees who work in teams Feedback to employees
  • 13. Compensation- a combination of payments in the form of wages or salaries, incentive payments and employee benefits Wages= direct incentive in form of cash payment based on calculating the number of hours worked, the number of units produced or a combination of both Minimum wage/ maximum 40 hours/week overtime Salary= fixed weekly, monthly or yearly cash compensation for work; the compensation is based on time, but the unit of time is a week, a month or a year; normally no pay for the extra hours worked Incentive programs- cash payments linked to the achievement of specific goals Bonuses- the payment in addition to the regular wage/ salary as a reward for achievement Commissions- payments equal to a certain percentage of sales made Profit sharing- system for distributing a portion of a company’s profit to employees Knowledge based pay- is related to an employees’ acquisition of skills; because employees do not compete with each other, it enhances teamwork.
  • 14. Employee benefits- financial benefits other than wages, salaries and incentives Flexible benefits plans- according to everyone's needs Additional insurance (life, health, disability etc.) Retirement benefits – pension plans Sock ownership plans – contracts allowing employees to purchase or sell a certain number of shares of a particular stock at a given price- ties employees’ compensation to companies goals- more motivated employees- employees become owners Family benefits- daytime child care, elder- care assistance, payment of tuition fees for children in case of relocation Other benefits- paid holydays, gym studio, car, phone, paid sabbatical period, tuition fees, wellness programs
  • 15. Promoting and reassigning employees -allows the company to benefit from the training and experience of its own workforce - rewards employees with good results and motivates them - risks when making execution personnel managers Terminating employees -layoffs (termination of employees for economic or business reasons unrelated to employee performance) or firing (for poor performance) - companies are encouraged to avoid as much as possible layoffs and to maintain the jobs Retirement - mandatory retirement makes it necessary for people to quit working as soon as they turned a certain age - worker buyout- inducing employees to depart by offering them financial incentives
  • 16. Labor productivity in Romania compared to other EU countries Source: Bechir, 2011
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