Sharam Kohan

Sharam Kohan

What is a Industry Lifecycle?

There are four generally recognized phases to the lifecycle of a business or industry. • Introduction This is the beginning of the organization. It’s the entrepreneurial phase where everything is new. Policies and systems are being created as they are…

What is Industry Analysis?

Industry analysis is a tool that facilitates a company’s understanding of its position relative to other companies that produce similar products or services. Understanding the forces at work in the overall industry is an important component of effective strategic planning.…

Orientation and Onboarding

Orientation and onboarding are two activities that will set the tone for the balance of an employee’s line on the job with this employer. It is a common belief that the first 90 days of a worker’s experience on a…

Employment Offer

Employment Offer An employment offer should include a start date, wage, or salary (in weekly or monthly amount62), benefits, job title, work location, name of supervisor, restatement that the offer is made under an “employment at will” understanding, and any…

Talent Acquisition

This is SHRM’s definition: “Talent Acquisition encompasses the activities involved in building and maintaining a workforce that meets the needs of the organization.” Talent acquisition involves all the HR strategies and processes that are involved in attracting, recruiting, and selecting…

What are Porter’s Five Forces?

Each employer organization has pressures from both internal and external sources. Those pressures impact the competitiveness the organization will be able to apply to the world in which it operates. Porter first published his suggestion that these five forces are…

HR Strategic Planning

Here is SHRM’s BoCK definition: “HR Strategic Planning involves the activities necessary for developing, implementing, and managing the strategic direction required to achieve organizational success and to create value for stakeholders.” All career levels of HR are expected to support…

The False Claims Act (1863)

During the Civil War, people were selling defective food and arms to the Union military. This law, sometimes referred to as the Lincoln Law, prohibits such dishonest transactions. It prohibits making and using false records to get those claims paid.…

SMART goal

SMART goal setting stands for the following: • Specific Know exactly what you want to accomplish. Goals must be well-defined. They must be clear and unambiguous. • Measurable Have a yardstick to measure the specific intention. • Attainable Make the…