Friday, February 21, 2020

Evaluation of HRM and Organisation Behaviour Theories Frameworks Coursework - 1

Evaluation of HRM and Organisation Behaviour Theories Frameworks - Coursework Example The paper tells that the ever-changing business environment, increased opportunities and demand for career orientation requires a strategic approach to human resources management. The HR managers must be aware of the skills gap among their employees and identify the need for the essential skills. The success of the organization depends upon the capability of the staff to tap the talents and the skills of the staff. This demands a holistic approach to recruitment and growth and development of people. The difference between success and failure depends upon the recruitment and retaining the right people with the right skills in the right position. Recruitment methods can be formal and informal or active and passive. While the formal methods of recruitment include job centers and press advertisements, the informal methods include a recommendation from the existing staff as well as a personal network of existing employees and others. Word-of-mouth method of recruitment has its own distinc t advantages as the existing employees that recommend new recruits would also ensure that these new recruits are immediately socialized. This is the preferred method of recruitment as it helps reduce employee turnover. The larger firms are more likely to employ the formal methods of recruitment while the smaller firms employ the informal methods of employment. The formal methods are cost-effective for larger firms as they hire in huge numbers. However, the managers are likely to face some adverse situation because those employed through informal methods are likely to receive higher performance appraisals because of the personal involvement (Tanova & Nadiri, 2005). Besides, the employees that are taken in through referrals obtain accurate information about the organization and the job role and hence they have realistic expectations. Nevertheless, the HR managers would need to evaluate the situation and make decisions based on the business environment as the formal methods have their own advantages.

Wednesday, February 5, 2020

The Dark Knight Rises. Reasons Behind Movies Commercial Success Essay

The Dark Knight Rises. Reasons Behind Movies Commercial Success - Essay Example It has been claimed that the movie did not fulfill the expectations in terms of revenues and quality of its predecessors. However, despite multiple claims, the movie is a big commercial hit earning revenues over US$ 1 billion. The Dark Knight trilogy has been a significant source of revenues for Warner Brothers. Analysis of the commercial factors underlying The Dark Knight Rises’ success indicates that more than effective marketing, it was the legacy of the movie that gave it a grand opening despite various daunting events like the shooting incident. The Dark Knight Rises brought ticket revenues worth US$ 1.075 billion to Warner Brothers and movie maker Christopher Nolan (Hughes, 2012a). The question arises that despite having receiving its fair share of criticism from experts and general public, what are the factors that made this movie join the elite group of over 1 billion group. A critical analysis of the movie’s progress indicated that a perception of a product being sold has a greater impact on its sales. This is precisely the reason why manufacturers and producers play special attention to product placement phenomenon while marketing a product. Same stands true for Batman movie franchise as well. The legacy, fan base and historical characters with success of all previous Batman movies provides this franchise a lot of credibility amongst the viewers. Besides the huge success of previous Batman movie ‘The Dark Night’ and the phenomenal success of Joker followed by the untimely death of Heath Ledger, what drove the masses to the theaters was perception that this would be the last Batman movie. The legacy of the Batman Series was a substantial factor that would have been enough to draw masses to movie cinemas. Like other studios, Warner Brothers capitalizes on brand equity of its strong franchises and The Dark Knight Rises is a simple example of this trend. For a franchise that was showing a downturn after Batman and Robin in 1997, Nolan-Warner partnership turned out to be the last resort. Arrival of Nolan in Warner Brothers has made Batman into a character which is not only adored by comic fans but also by those who have a greater liking for more realistic action movies. The Batman trilogy has managed to bring overall box office receipts worth over 3 billion with box office sales being the indicator of franchise’s performance (Hughes, 2012b). It is important to note that other than the movie itself, Nolan’s brand equity is also another major factor that brought fans to the cinemas. In the recent years, Hollywood has focused more on ‘going big’ in terms of marketing and Warner Brothers’ technique is no different. Aggressive marketing campaign through TC, radio, social media, billboards and print media manage to engage public and create the desired anticipation for the brand launch (Eliashberg, Elbrese, and Leenders, 2004). Before the movie launch, there was a well-orchestrated series of movie’s official website launch, tease trailers containing original six minutes of the movie, page-length advertisements in newspaper etc. In addition to that, an interesting product placement strategy used by Warner Brothers was to attach the movie’s trailers with other successful ventures like The Avengers and Mission Impossible-Ghost Protocol. Another important part of this marketing campaign was movie’s viral marketing strategy that was highly complex yet interesting enough to engage millions