Potential of Human Resource Outsourcing. Benefits and Risks in the Public Sector of Bangladesh

Potential of Human Resource Outsourcing. Benefits and Risks in the Public Sector of Bangladesh

Author: Rezaul Jahedi

Publisher: GRIN Verlag

Published: 2016-08-22

Total Pages: 41

ISBN-13: 3668279454

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Seminar paper from the year 2016 in the subject Leadership and Human Resources - Miscellaneous, , course: 107 Advanced Course on Administration and Development for Deputy Secretaries of Bangladesh, language: English, abstract: The present paper focuses on different types of human resource outsourcing and the factors which need to be considered before public sector go for outsourcing of HR Functions. A review of available literature was done in order to understand the risks and benefits of outsourcing HR Functions that need to focus on their core business activities and still establish and maintain good HR policies. Furthermore, the factors that affect the HR outsourcing decisions with special emphasis on a proper cost benefit analysis of HR functions outsourcing have to be explored. The findings of the paper implicitly point out that the decision of HR outsourcing is contingent upon factors like availability of adequate resources, flexibility, affordability and acceptability. The paper also suggests a systematic process and certain pre-requisite to successfully execute HR Functions outsourcing.


Human Resource Outsourcing in Bangladesh

Human Resource Outsourcing in Bangladesh

Author: Mohammad Islam

Publisher:

Published: 2020

Total Pages: 16

ISBN-13:

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Outsourcing becomes a very prominent topic in the new dimension of business across the world. The private sector business in Bangladesh is putting more concentration towards human resources management outsourcing functions to achieve manifold objectives of managing human resources. This study is an attempt to exhibit the current scope of HRM outsourcing functions, reasons for outsourcing and examine the relationship of outsourcing functions with the overall HRM performance of organizations. This research has been conducted based on both primary and secondary sources of data. A total of 115 respondents holding the top and middle positions in the different private organizations in Dhaka city has been selected using purposively to conduct the study. The data have been collected through a structured questionnaire and different statistical techniques such as descriptive statistics, correlation, regression, and ANOVA have been used to analyze the data. The study reveals that human resource outsourcing functions are still at an infant stage in Bangladesh. The study also discloses that there is a strong positive relationship between human resources outsourcing and the overall HRM performance of the organizations.


Outsourcing and Human Resource Management

Outsourcing and Human Resource Management

Author: Ruth Taplin

Publisher: Routledge

Published: 2007-11

Total Pages: 265

ISBN-13: 1134109733

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Examining the role of outsourcing in Japan, Europe and the United States, this book takes a broad standpoint on this important practice in contemporary business.


Human Resource Management

Human Resource Management

Author: David G. Collings

Publisher: Routledge

Published: 2018-08-15

Total Pages: 455

ISBN-13: 1315299534

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Despite over three decades of debate around the nature of human resource management (HRM), its intellectual boundaries and its application in practice, the field continues to be dogged by a number of theoretical and practical limitations. Written by an international team of respected scholars, this updated textbook adopts a critical perspective to examine the core management function of HRM in all its complexity – including its darker sides. Human Resource Management: A Critical Approach opens with a critique of the very concept of HRM, tracing its development over time, and then systematically analyses the context of HRM, practice of HRM and international perspectives on HRM. New chapters commissioned for this second edition look at HRM and the issues of diversity, migration, global supply chains and economic crisis. This textbook is essential reading for advanced and inquisitive students of HRM, and for HRM professionals looking to deepen their understanding of the complexities of their field.


Toward New Sources of Competitiveness in Bangladesh

Toward New Sources of Competitiveness in Bangladesh

Author: Sanjay Kathuria

Publisher: World Bank Publications

Published: 2015-10-20

Total Pages: 165

ISBN-13: 1464806489

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Bangladesh's ambition is to build on its very solid growth and poverty reduction achievements, and accelerate growth to become a middle income country by 2021, and share prosperity more widely amongst its citizens. This includes one of its greatest development challenges: to provide gainful employment to the over 2 million people that will join the labor force each year over the next decade. Moreover, only 54.1 million of its 94 million working age people are employed. Bangladesh needs to use its labor endowment even more intensively to increase growth and, in turn, to absorb the incoming labor. The Diagnostic Trade Integration Study identifies the following actions centered around four pillars to sustain and accelerate export growth: (1) breaking into new markets through a) better trade logistics to reduce delivery lags; as world markets become more competitive and newer products demand shorter lead times, to generate new sources of competitiveness and thereby enable market diversification; and b) better exploitation of regional trading opportunities in nearby growing and dynamic markets, especially East and South Asia; (2) breaking into new products through a) more neutral and rational trade policy and taxation and bonded warehouse schemes; b) concerted efforts to spur domestic investment and attract foreign direct investment, to contribute to export promotion and diversification, including by easing the energy and land constraints; and c) strategic development and promotion of services trade; (3) improving worker and consumer welfare by a) improving skills and literacy; b) implementing labor and work safety guidelines; and c) making safety nets more effective in dealing with trade shocks; and (4) building a supportive environment, including a) sustaining sound macroeconomic fundamentals; and b) strengthening the institutional capacity for strategic policy making aimed at the objective of international competitiveness to help bring focus and coherence to the government's reform efforts.


Innovative Strategies for Accelerated Human Resources Development in South Asia

Innovative Strategies for Accelerated Human Resources Development in South Asia

Author: Asian Development Bank

Publisher: Asian Development Bank

Published: 2017-12-01

Total Pages: 238

ISBN-13: 929261035X

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South Asia remains one of the fastest-growing regions in the world but concerns are rising that its workforce lacks the skills and education to drive its economy into the 21st century. Providing access to quality education and skills training is now a priority of policymakers in the region. But even though government spending on education has increased significantly in recent years, it has not resulted in effective education outcomes. This report is one in a series of four publications that examines how education and training systems in the region can be improved. In particular, it looks at the role that the private sector can play in improving standards through investments in education and training.


Base of the Pyramid and Business Process Outsourcing Strategies

Base of the Pyramid and Business Process Outsourcing Strategies

Author: Takabumi Hayashi

Publisher: Springer Nature

Published: 2023-03-01

Total Pages: 218

ISBN-13: 981198171X

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The major objective of this book is to introduce social business models to face the challenge of social issues in emerging countries. Each chapter clarifies business strategies based on diligent field surveys in developing nations, focusing on Bangladesh and the Philippines, where social issues in the age of Sustainable Development Goals (SDGs) are concentrated. The field surveys enable the effective construction of a sophisticated hybrid value chain by connecting a sustainable business ecosystem of local value chains with global value chains. Joint social business entities formed between local NGOs and foreign companies, multinational corporations with global value chains, among others, appear to be the keystones. In Part I, the case of Grameen Euglena in Bangladesh and that of Sari-Sari stores leveraging micro-financing in the Philippines, along with other interesting cases, are analyzed as effective social business models. Analysis also shows that the IT service industry in emerging countries helps to enlarge formal sectors so as to absorb younger generations into informal sectors. The e-health service business in Bangladesh and the business process outsourcing (BPO) IT service industry in the Philippines are examined in each part of the book. Part II, particularly, shows that IT and the digital technology-based service industry can lead to a new industrial development path in these countries instead of the conventional one based on manufacturing. In other words, digital technology-based service industries, as formal sectors, can absorb working people from informal sectors. As a result, poverty issues which form a key issue in SDGS will be alleviated. This book is highly recommended not only to academicians but also to businesspeople who seek an in-depth and up-to-date overview of new sustainable and inclusive businesses in the age of SDGs.


Human Resource Management

Human Resource Management

Author: Robert N. Lussier

Publisher: SAGE Publications

Published: 2014-12-11

Total Pages: 1193

ISBN-13: 1483325032

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Human Resource Management: Functions, Applications, and Skill Development, Second Edition, featuring the 2013 Society for Human Resource Management (SHRM) Human Resource Curriculum Guide, explores important HRM concepts and functions with a strong emphasis on skill development, critical thinking, and application. In this fully-revised edition, all 210 required SHRM topics are noted within the chapter content as Robert N. Lussier and John Hendon prepare students to develop HRM skills they can use in their personal and professional lives. Students stay engaged through a wide variety of activities and tools that allow them to immediately apply HR functions and concepts.


Human Resource Information Systems (HRIS) Impact Analysis in the Bangladeshi Industries. Is it fruitful in actualizing competitive strategies?

Human Resource Information Systems (HRIS) Impact Analysis in the Bangladeshi Industries. Is it fruitful in actualizing competitive strategies?

Author: Samsul Alam

Publisher: GRIN Verlag

Published: 2022-11-09

Total Pages: 94

ISBN-13: 3346759741

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Master's Thesis from the year 2015 in the subject Business economics - Information Management, grade: 3.92 out of 4.00, University of Dhaka, language: English, abstract: In the modern, fast-paced economy, competition is inevitable for commercial organizations that focus on providing services and products in highly dynamic and uncertain contexts. There has been a significant amount of emphasis on how to provide the best service and the best product possible and how to do so by utilizing Human Resources (HR). This research highlights the competitive strategy concepts and models, competitive advantages from Human Resource Information Systems (HRIS), and the relationship between them that have a major impact on the performance of the business as a whole. In the discipline of HR strategic management, comprehending how HRIS is connected to competitive strategies has emerged as a key research topic. This study's main objective is to establish a connection between competitive strategies and HRIS, as well as the applicability of such a relationship to organizational setting. The study takes into consideration an extensive investigation of the HRIS implementation in contemporary technological-based firms, which employ competitive strategies for operating their business effectively and for accomplishing goal. These strategies significantly affect how HRIS is implemented and how smoothly it operates, and HRIS itself helps to maximize the advantages of these tactics. These systems are never useful for exploiting competitive advantage, except from knowledgeable individuals like analysts. People will perform better and will help achieve both short-term and long-term goals if they are effectively managed and organized. On the other side, bad performance will occur if they are not adequately controlled. This research provides a comprehensive overview of the HRIS used by organizations in Bangladesh that fall under the HR or People and Organization (P&O) division. We are aware that good management of an organization's HR is crucial to achieving efficiency and effectiveness in day-to-day operations. This study provides the knowledge required to comprehend the HRIS, which is essential for gaining a competitive edge. In order to achieve a long-term competitive advantage, this research starts by identifying some of the data that will be essential for the final implementation of an HRIS. The results of this study point to a lower-to-medium degree positive correlation between HRIS payoff and organizational competitive strategies, but they also came to the conclusion that this correlation has little impact on business performance in Bangladesh.