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Q: What is Objective Assessment?
A: True Objective Assessment involves a structured and scientific method of understanding and measuring people performance. Objective Assessment aims to help organizations recruit the best people and to get the most out of them. Objective Assessment can be applied to shortlist and select the right candidates, differentiate between adequate and exceptional performance, identify and develop potential talents in order to ensure human capital requirements are fulfilled. |
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 Effective Account Management & Selling Skills |
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| The Hong Kong Jewelry Manufacturers' Association, August 26, 2010 |
 We are proud to announce that HMI Consulting Limited (HMI) has successfully conducted a training workshop for the Hong Kong Jewelry Manufacturers' Association (HKJMA) on the topic of Effective Account Management & Selling Skills on August 26, 2010. In order to facilitate the continual growth of the jewelry industry in Hong Kong, HKJMA appointed HMI Consulting Limited to design the aforesaid workshop for its members to equip them with enhanced business development skills. In today's competitive business environment, a salesperson needs not only to demonstrate his professional knowledge on the selling subject, but also his ability to build good relationship and partnership with clients in order to close the sales deal successfully.
In this workshop, Mr. Wilson Chu, Principal Consultant of HMI Consulting Limited, helped the jewelry manufacturers to strengthen their communication and selling skills, as well as to realize the importance of relationship building in the Account Management process. The workshop is conducted via different interactive activities such as inspiring games, role play, case studies and group discussions, so that participants can learn in a relaxed and enjoyable environment..
Upcoming Event!
Seminar on “Coping Strategies to Sustain Viability under Lump Sum Grant (LSG)”
September 10, 2010 |
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Nowadays, NGOs face many challenges in the fast-changing environment:
• Resources are insufficient for handling the increasing service demands
• It is difficult to motivate and retain existing high performers
• Staff are resistant to any initiative that may affect their responsibilities and remuneration
• Lump Sum Grant (LSG) subvention system poses a financial challenge to the organization
In the light of this situation, there is an urgency for NGOs to seek ways to improve the current management practices / system, as well as, to develop their staff to cope with the changes. In this seminar, Mr. Wilson Chu, Principal Consultant of HMI Consulting Limited and Speakers of Flexsystem Limited, will look into different elements required for NGOs to cope with the inevitable challenges, so ththe financial viability can be sustained for continuous development.
Seminar Content:
• Challenges Faced by Nowadays NGOs and the Coping Strategies
• Defining Strategic Directives and Long-term Service Plan
• Competence-based Performance Management System for NGOs to Staff Motivation and Retention
• Designing a Financially Feasible Remuneration Structure That Helps Foster the Pay-for-performance Culture
• IT Solutions for Enhancement Operation Effectiveness and Efficiency
• Approaches and Communication Tactics for NGOs to Ensure Change Success
• Success Case of Change Implementation
Date: September 10, 2010 (Friday)
Time: 3:00pm - 5:00pm
Medium: CantoneseFee: Free of ChargeTo register for this seminar, please click HERE.
To learn more on how HMI Consulting can help your company's management team to enhance corporate and departmental performance, please call (852) 3627 3673 or email to info@hmi.hk. |
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| Free Expense Audit Service |
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What effect would 20% reduction in overhead costs have on your business?
HMI Consulting now partners with Expense Reduction Analysts to offer 1-hour free advisory meeting and audit service to help top management to identify core expense reduction opportunities. Expense Reduction Analysts (ERA), the leading specialists in expense reduction implementation, can help to bring your overhead costs down without sacrificing quality, at no risk to you. ERA focus on overhead expenses which are rather common across industries.
“ERA category expertise and no saving no fee remuneration were of great interest to us. We were particularly pleased with the way that they consulted and worked with our people. The results that they achieved are outstanding and the extra cost savings have dropped to the bottom lines as profit” - OPSM
For more information about the free expense audit service, please call (852) 3627 3673 or email to info@hmi.hk.
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| August 2010 HR Highlights |
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Economic Overview
China's manufacturing activity continued to grow at a slower pace last month as the government took measures to curb the risk of overheating and adjust the economic structure. The official Purchasing Managers' Index, a comprehensive gauge of industrial activity, eased 0.9 percentage points from a month earlier to 51.2% in July, the China Federation of Logistics and Purchasing said yesterday. A reading above 50 points indicates expansion, and it has stood above 50 points for 17 straight months. [Source: Xinhuanet, 3 Aug 10].
Furthermore, according to a survey conducted by the Federation of Hong Kong Industries in June, of 61 Hong Kong entrepreneurs responded, more than 80% had difficulties in hiring staff despite offers of higher wages. About 13% said they had only about half the manpower they needed. Stanley Lau Chin-ho, deputy chairman of the federation, said Hong Kong industrialists had increased workers' monthly wages from an average 1,200 yuan in 2008 to 1,750 yuan now. He expected salaries to climb further, by at least 10%, next year if the mainland government again increased the statutory minimum wage, which was raised by about 20% in May. Lau said the increase in staff costs had given Hong Kong manufacturers a lot of pressure, especially after Foxconn announced it would raise its workers' monthly pay to 2,000 yuan in October. [Source: SCMP (A3), 11 Aug 10]
In Hong Kong, the government has raised its growth forecast for the whole of 2010 to 5-6% from 4-5%, after the local economy expanded a better-than-estimated 6.5% in the second quarter, benefiting from robust growth momentum in the mainland and other Asian economies. The full year inflation target remains unchanged at 2.3%, with underlying inflation at 1.5%. Despite some signs of optimism, Hong Kong is still far from shrugging off its recessionary woes as many key economic indicators, includng public and private spending as well as external trade, recorded slower growth in the second quarter. [Source: SCMP (A3)/ China Daily (H2), 14 Aug 10]
Regarding the unemployment in Hong Kong, it fell to 4.3% between May and July, with business confidence boosted by a stronger economy. The latest figures, released yesterday, are down from 4.6% in the April-June period. Hong Kong's total employment climbed by 8,100 to 3,500,200, with new hiring in several sectors, including retail, hotels and manufacturing, the Census and Statistics Department said. Secretary for Labour and Welfare Matthew Cheung Kin-chung said hiring sentiment among Hong Kong employers was growing on the back of "sustained economic growth". [Source: The Standard Online / SCMP (C3) / HKEJ (P6), 18 Aug 10]
Retail sales in the city rose for the 10th consecutive month in June as tourist arrivals climbed, led by visitors from the mainland. Sales increased 15.3% from a year earlier to HK$24.3 billion after gaining 19.7% in May, the government said yesterday. Visitor arrivals surged 44% in June from a year earlier to 2.6 million, with 1.6 million coming from the mainland, according to data from the Hong Kong Tourism Board. [Source: China Daily (H3)/ SCMP (B2), 3 Aug 10]
Disclaimer: Should there be any different views in the interpretation, please always refer to the original media source as reference. HMI Consulting accepts no liability in respect of the accuracy and truthfulness of the materials included in this newsletter.
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About HMI Consulting Limited |
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HMI Consulting is a leading HR consulting firm specializing in Performance Management, Compensation & Benefits Design, Talent Development & Business Process Improvement. With the primary focus in Hong Kong, PRC and Taiwan, our experienced consultants have worked across a wide range of industries covering Manufacturing & Industrial, Trading, Transportation & Logistics, Financial & Insurance.
Partners:
Contact: HMI Consulting Limited 20/F, Central Tower, 28 Queen's Road, Central, Hong Kong Tel: (852) 3627 3673 Fax: (852) 3629 1056 Email: info@hmi.hk http://www.hmi.hk |
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