PR Newswire (July 15, 1999). "Novartis Reports Sales of CHF 16.3 Billion in First Half of 1999; Focus on Growth Drivers and Rejuvenation of the Product Portfolio on Track." Internet: http://www.prnewswire.com/comp/164550.html.Thus, Krauer stated that companies have an obligation to respond to these new employee demands by breaking down hierarchies and opening up new dimensions of freedom for employees. He noted that where employees feel that they can make a personal contribution through their activities, they are increasingly motivated and their performance and results have "an entirely new dimension" (M2 Presswire, 1999). Only when companies involve employees in the decision-making process and listen to their opinions, do companies instill the kind of motivation that generates above average achievement (M2 Presswire, 1999). To adapt to changing business climates, every organization must employ a human resource strategy that reacts to internal and external changes on an ongoing basis in an integrated way (Pope, 1992: vii). This means that organizations must develop recruitment and retention strategies that will meet their business needs while capitalizing on workforce trends, promoting job satisfaction, improving the "fit" between the jobs they offer and the available market, and preventing needless turnover (Pope, 1992: vii). Companies must develop human resource action plans that match their own business plans with specific jobs and employee needs. Thus, when linked to strategic and operational planning and integrated with each other, the various human resource functions provide the necessary linkage between business planning and workforce management decision-making (Pope, 1992: viii). Shook, D. (September 8, 1999). "Drug-Maker Novartis to Consolidate U.S. Operations in East Hanover, N.J." The Record: http://www.bergen.com/. M2 PressWire. (April 27, 1999). "Novartis: Novartis 1999 Annual General Meeting." Internet: http://www.electriclibrary.com/. Also |
