Internal Labour Market Essay | gentle resourcefulness Management In Context| | Internal labour trades argon more than a device that permits managers to promote their friends. Analyse critically this statement and provide case examples.| | Student: | 11/1/2008| Word Count: 1825| Introduction: The focus of this essay and the primordial thrust is to determine how significant internal labour market (ILM) is and to justify that ILM is not there for dishonourable managers to misuse it, plainly it has a fundamental role in the organisations performance. If companies can catch the beauty of ILM they will increase their bottom line importantly by retaining staff, and implementing a range of working styles and employment practices, such as flexible working. ILM does expect to be considered carefully for the mind that companies can eventually suffer from stagnation, especially if the organisation changes its aims and objectives. Human beings sometimes find it hard to adapt to new agenda if they do not believe in the objectives set by their superiors, therefore to overcome these issues the external labour market (ELM) does need to be considered.
Discussion The concept of ILM, originally developed by Doering and Piore (1971) focuses its attending on an organisations existing workforce and the purpose to which this represents an alternative or complimentary source of labour supply. (P.Banfield and R.Kay 2008) This varies from one(a) organisation to another as it depends on their internal rules and procedures presidency internal movement and transfer and the extent to which the organisations offer employees course paths (P.Banfield and R.Kay 2008). Many organisations defy a deliberate policy of sounding first within the organisation for candidates, preferring to recruit within if at all possible, but much depends on managerial philosophical system which shapes the managerial recruitment. Kwik-Fit, for example, is a company within which all of its managers have been... If you want to get a full essay, order it on our website: Orderessay
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