Human Resource Management

  Abbott is a global healthcare corporation that highly values ethics and compliance to safeguard trust in their products, keep in line with regulations, and maintain corporate integrity. Due to the nature of its industry, the company is subject to extensive regulation; thus, their legal and ethical practices are critical in maintaining its reputation and success of operations (Abbott, 2023). Abbott’s ethical and compliance framework rests upon its Code of Conduct and corporate governance principles, along with its global policies, which employees, partners, and stakeholders commit to when conducting business responsibly and ethically. Abbott’s Code of Conduct sets forth the ethical compliance requirements of employees and business partners and is the keystone of Abbott’s ethics platform. The Code encompasses important topics including anti-bribery, anti-corruption, conflict of interest, fair competition, and patient safety (Abbott, 2022). Employees are trained on these princip...

Abbott is a phased global healthcare company that offers a dynamic and inclusive work environment that encourages house innovation, collaboration and well-being. Being a leading player in the healthcare and life sciences sector, Abbott understands that a positive workplace culture can be a major driving force in increasing productivity, retaining skilled resources, and ensuring long-term business success (Abbott, 2023). Focus on diversity and inclusion, employee development, health & safety and work-life balance to foster a rewarding and supportive working environment Next to everything Abbott does is a dedication to diversity, equity and inclusion (DEI), one of the main tenets of Abbott’s work culture. The company strives to promote diversity in the workplace through inclusive hiring practices and equal opportunities for all employees without consideration of gender, race, ethnicity, or background (Smith & Johnson, 2022). Abbott has received numerous accolades as one of the f...

  Employee Engagement and Motivation      How to improve employee satisfaction and performance through motivation  Employee engagement is much needed along with motivation to make the organization successful in the modern corporate industry. High productivity is dependent on their employees’ engagement status because of their rising dedication or high levels of commitment and further amount of work efforts. In contrast, absence of motivation leads to delays in employees’ retention and organizational decline. Accordingly, organizations should deploy proven motivation approaches that create the excellent work environments that can boost employee contentment.                                           ...

  Diversity, Equity and Inclusion   Creating a more inclusive workplace and promoting diversity in hiring and advancement.   The current global business world values companies that put Diversity Equity and Inclusion (DEI) actions into practice. Putting DEI at the core of operations enables companies to employ more creative employees who boost business success and make better work environments. Companies must take intentional actions with strong organizational support to team up with employees who build workplace inclusivity for all employee levels.   Understanding DEI Different teams of staff members in organizations show their differences through racial background mixed with gender identity combined with age and sexual orientation characteristics plus differences in disabilities and culture. Each staff member has equal opportunities to grow through fair treatment because equity requires distinctive support strategies for different employee groups. Enhan...

  Leadership Development and Succession Planning   Identifying and preparing future leaders within an organization   Effecting leadership any business organization needs success, therefore requires effective leadership. When an organization has not developed established planning method, a leadership transition becomes difficult. Leadership development and succession planning are very much organizational strategies that bring effective leadership Passovers and sustainability of business. Personnel replacement is insufficient for organizational development as it necessitates the development of leadership capabilities and renewal of culture to help in sustaining the enduring success of the business.     The Importance of Leadership Development A leadership development program helps workers learn future management skills they will need. Organizational leadership development programs create more involved s...