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What is Employee development? Employee development refers to the process of arranging human resources to achieve company objectives. Employee development is like building a house. Because both demand the necessary competencies, as well as the capacity to plan and carry out construction tasks in line with scientific principles. A range of processes that contribute to staff development must be carried out, including the following: 1- Employee Development through Recruitment: Employee Development is required to achieve the company's goals with the greatest efficiency and effectiveness. This involves the recruitment of personnel with abilities that can contribute to the company's success. Despite the importance of recruiting effectively and scientifically, many organisations ignore this process, which indicates a disregard for these critical resources, but on the other hand, this supports your capacity to obtain excellent human resources. To enhance your recruitment abilities, you ...

Humans are the actual source of competitiveness since they are the only resource with the advantage of the intellect and mental ability to think, creativity, and invention, which are the sources of renewal and development, and eventually greatness. As a result, modern management is becoming more interested in human resources, and it’s working to innovate and develop the best ways and mechanisms to invest its energies, as well as employ its mental and creative abilities, in creating and developing competitive advantages in the form of new and diverse goods, services, and technologies. What are the main components of  HRM ? - External environment : the conditions, systems, and individuals that comprise organisations and operate inside them. -  Management : the group of people in charge of directing the work and making decisions that lead to achieving the goals (outputs) and the use of the available resources. -  Internal environment : The people, relationships, process...

The environment has a significant impact on human resources since it has driven businesses to focus on hiring skilled individuals. It also influences the amount of technical progress and the degree of salary disparity between regions. It also has an indirect impact on human resources through influencing the internal environment, such as the company's culture, policies, procedures, and goals. In the workplace, human resources is a department responsible for managing all aspects of the workforce. The human resources environment is one of the elements of the social environment that includes everything related to human resources and the benefits they provide. HRM refers to the administrative responsibilities related to recruitment, development, and protection of the employees to carry out an organization's work and reach its goals. A human resource's external environment contains many factors, the article will discuss a few of them. These factors are beyond the boundaries of th...

Banks are considered an important economic sector with a great influence in every country, in which most individuals and institutions, either investors, borrowers or traders get the benefit. Banks play a key role to provide adequate confidence in the monetary system concerning as they are connected to regulatory and government authority. The users of banks' financial statements need convenient, comparable, and reliable information to help them evaluate the bank's performance and its financial position, and manage their different economic decisions. They are concerned with liquidity, solvency, and risk related to assets and liabilities. What is the importance of accounting disclosure? Accounting disclosure is very important to deliver the bank's business results and financial position to different parties. Disclosure is addressed in financial reports that include information about the bank's resources and obligations before a third party takes over. This information help...

About 14,56% of startup companies in Europe didn't last more than five years, this indicates that the success of a startup company isn't that easy according to what is common. These companies are known in the early stages of their development, founded by a pioneer or entrepreneur. An entrepreneur is someone who starts to manage a specific project to seize opportunities and how to deal with obstacles. Introducing entrepreneurs of some difficulties help them to avoid losses resulted from starting a project that they are unable to establish and prepares them to be more serious to establish their startup company. There will be many constraints; internal, represented by weaknesses in the entrepreneur, and external ones, found in the external environment of the entrepreneur, they include: Internal constraints: 1- Blaming others:  When the entrepreneur blames people or things, this weakens him and puts him in an atmosphere of negativity. Hence, he will not be able to make decisi...

The amazing development of smart devices, machines, and systems will reduce time and costs, achieve greater flexibility and efficiency in the production process, great capacity in processing data and  artificial intelligence . These developments will expand development and change and bring unprecedented transformation in the economy, the labor market, and the industrial sector.  The concept of digital transformation: It is defined as the transition of government sectors or companies to a business model based on digital technologies in creating products and services innovation, providing new channels of revenues that increase the value of their products. Steps of Digital Transformation: It starts with  building a digital strategy  and improving the status quo by measuring current digital capabilities and identifying the best business structure of digital marketing activities in the institution.  After that, requirements of investment plans and barriers of digital...