Motorsports about formala 1 Research Paper Example | Topics and Well Written Essays - 2000 words

Motorsports about formala 1 - Research Paper Example The type of racing is popular in the UK and neighboring countries within the region. What makes the racing interesting to majority of the citizens there are the types of cars presented to compete in different races conducted at different times of the calendar (Mastromarco & Runkel, (n.d.). In fact, speed with which these cars are driven has captured citizens attention because the racing involves highly trained drivers and teams who unlike other ordinary individuals, are able to control the racing cars at speeds which is difficult for common drivers to achieve. Moreover, almost three quarter of formula one racing events are always conducted in the Europe further giving it popularity in the region of the world than in any other regions where motor racing is conducted. The history of formula one racing is traced back to a century back in 1946 when racing of motor cars was first introduced as an idea. Form then to date, formula one has greatly evolved motor racing as sport receiving similar audience as those in football or other related sports. The idea raced in 1946 was matured in1950 when the first motor racing was conducted. After this, several motor racing events were conducted in different parts of the globe and with each New Year, changes were adopted on the nature of motor racing. The effects are seen today as motor racing has become a highly commercialized sport and through it individuals are earning bucks hence turning it as their main source of livelihood. However, in the 50s in spite of motor racing being held at different parts of the globe, very little if no concentration was given towards the sports as it was not commercialized and individuals taking part in the racing activities had little to benefit from the races which were conduct ed. In 1993, motor sport racing was ending toward decline because majority of the individuals who were participating in the race s had diverted their attention to other sports or activities which could

Business Partner Model Coursework Example | Topics and Well Written Essays - 1500 words

Business Partner Model - Coursework Example A distinction can be made between â€Å"hard† and â€Å"soft† approaches to HRM, in which the organization may adopt â€Å"hard† approach, whereby employees can be perceived as a resource to be managed just like other factors of production. Conversely, organizations may place an emphasis on a â€Å"soft† approach to HRM in which employees comes out as a valuable asset, whose contribution plays a critical role in the attainment of organization success. The paper explores the efficacy of business partner model in addressing the changes and improvements necessitated by investing in â€Å"human capital.† HR business partnering represents the process in which HR professionals closely work with business leaders or line managers with the intention of attaining shared organizational objectives, primarily with the motive of designing and implementing HR systems and processes that propel strategic business aims (Caldwell 2010, p.49). In the HR business partne r model, the human resource departments play a critical role in strategic planning, especially in attainment of present and future objectives (Ian 2006, p.33). The model does not only concentrate on HR duties such as payroll, benefits, and employee relations, but also add value to the company by directing recruiting, advancement, training, and placement of new and current employees (Lambert 2009, p.7). Business partnering seeks to encourage line managers at diverse levels to take responsibility in managing HR team. Business partner model seeks to enhance the effectiveness of HR and minimize its costs. The ultimate aim of business partnering centers of aligning people strategy more closely with what the business requires. The engagement in training and development can be undertaken with full knowledge of the inner workings of the business (Dowling, Festing, and Engle 2008, p.4). Hence, the strategic orientation that business partner model heralds allows organizations to attain the mo st productive outcome. Some of the key issues encountered in the implementation of business partnering entail absence of clarity regarding the HR’s role, and the lack of a consistent business strategy within which HR can work. HR may be marginalized from real decision making, and the influence of business partnering may differ. Some of the inherent conflicts within the model derive from the fact that the performance of one role may conflict with competing demands yielding to potential role-overload (Ian 2006, p.34). Other possible conflicts emanates from incomplete performance criteria in undertaking a single role, such as being strategic while at the same time responding to line manager’s tactical issues (Lambert 2009, p.8). The implementation of business partner model can herald enhancements on the organization’s bottom line and productivity. The implementation of business partnering can lead to sustained revenue growth, profit growth and cost reduction, and i mproved customer royalty and retention. This hinges on the capability to work smarter (business partnering