Introduction Conflict is an inherent aspect of human interaction, arising from perceived incompatibilities between individuals or groups in terms of goals, actions, or values. It can occur in various forms, emerge from diverse causes, evolve through specific phases, and be addressed using multiple resolution strategies. A comprehensive understanding of the nature and dynamics of conflict…
Introduction Competency mapping, assessment centres, and behavioural event interviews (BEI) are critical tools used in modern human resource management to identify, evaluate, and develop the competencies essential for successful job performance. Together, these methods enable organizations to make informed decisions regarding recruitment, training, career development, and succession planning by aligning employee capabilities with organizational objectives.…
Introduction Performance management is a strategic process aimed at aligning individual performance with organizational objectives, fostering continuous improvement, and supporting employee development. Within this framework, performance appraisals, feedback mechanisms, and performance counseling play vital roles. These elements collectively ensure that employees are assessed fairly, receive constructive guidance, and are equipped to contribute effectively to organizational…
Introduction Conflict is an inevitable aspect of human interaction, particularly in organizational and interpersonal settings. Conflict management refers to the systematic approach of identifying, analyzing, and addressing conflicts to reduce their adverse effects and encourage positive outcomes. It is not aimed at eliminating conflict altogether but at managing it constructively. Negotiation, on the other hand,…
The loan and advances made by a bank shall be utilized for the recognized purpose and the fund is effectively recycled. As a business partner, your bank is also a stakeholder in the business performance of his borrower. This is because the investment made by the borrower through the bank finance shall bring income both…
