Apparel And Accessories

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Apparel And Accessories

  1. 1. Chapter 2 A Diagnostic Approach to Human Resource Management
  2. 3. Trivia Challenge <ul><li>What percent of Microsoft employees are Indian? </li></ul><ul><li>What happened to the ship “Mayflower?” </li></ul><ul><li>What is a mother kangaroo called? </li></ul><ul><li>What percent of the American people have never been to a dentist? </li></ul><ul><li>Name the Three Stooges. </li></ul><ul><li>Wild Card Question </li></ul>
  3. 4. What 2007 Wanted in First Job <ul><li>Money $$$$$$$$ Lifestyle </li></ul><ul><li>Caring environment, boss, culture, etc </li></ul><ul><li>Interesting Job. </li></ul><ul><li>To be appreciated. </li></ul><ul><li>Chance for personal growth/advancement. </li></ul><ul><li>Match of skills & interests. </li></ul><ul><li>Affecting God’s Kingdom/Impact/making a difference. </li></ul><ul><li>Location, Travel. </li></ul>
  4. 5. What 2007 Want in their First Job <ul><li>Caring environment, boss, culture, values </li></ul><ul><li>Good pay & benefits </li></ul><ul><li>Experience, learning & Networking </li></ul><ul><li>Interesting Job. Respect. Passion </li></ul><ul><li>Purpose, flexibility, & Challenge. </li></ul><ul><li>Location </li></ul><ul><li>Personal growth/advancement. </li></ul><ul><li>Security, stability & benefits </li></ul>
  5. 6. Comments 2007 <ul><li>Push myself to solve problems not taught in class </li></ul><ul><li>It must be relevant to my life goals </li></ul><ul><li>I also want a life outside of work </li></ul><ul><li>Am I doing good through my job? </li></ul><ul><li>B*ll*r Car and Deluxe swimming pool </li></ul><ul><li>Dress and attire </li></ul><ul><li>Embracing the mission </li></ul><ul><li>Money for grad school </li></ul>
  6. 7. What You Said Was Important <ul><li>Happiness, not just a job </li></ul><ul><li>Financial security </li></ul><ul><li>Advancement opportunities </li></ul><ul><li>Satisfying job challenges </li></ul><ul><li>Decent work hours </li></ul><ul><li>Compatible co-workers </li></ul><ul><li>Benefits </li></ul><ul><li>Respected for my knowledge </li></ul><ul><li>Close commute </li></ul>
  7. 8. Which jobs do you think will be the hot jobs in the 'future?'
  8. 9. The Future <ul><li>What jobs will be the hot jobs? </li></ul><ul><li>What skills will be required for the hot jobs </li></ul>
  9. 10. Occupations with most openings <ul><li>Cashiers </li></ul><ul><li>Retail Sales </li></ul><ul><li>General managers </li></ul><ul><li>Wait Staff </li></ul><ul><li>General office staff </li></ul><ul><li>Teachers secondary schools </li></ul><ul><li>RN’s </li></ul><ul><li>Systems Analysts </li></ul><ul><li>Electronic Engineers </li></ul>
  10. 11. Occupations with largest employment <ul><li>Retail sales </li></ul><ul><li>GM’s. Supervisory, & Top Execs. </li></ul><ul><li>Office clerks </li></ul><ul><li>Cashiers </li></ul><ul><li>Wait Staff </li></ul><ul><li>Food Prep. </li></ul><ul><li>Support workers </li></ul><ul><li>Teachers </li></ul><ul><li>Accountants </li></ul>
  11. 12. Fastest growing occupations <ul><li>Electronic pagination systems </li></ul><ul><li>Computer engineers </li></ul><ul><li>Systems analysts </li></ul><ul><li>Home health aids </li></ul><ul><li>Physical Therapy </li></ul><ul><li>Occupational Therapy Personal/Home care aides </li></ul><ul><li>Teachers </li></ul><ul><li>Human Service workers </li></ul><ul><li>Guards </li></ul>
  12. 13. Highest Paying occupations, Ca.? <ul><li>Physicians & Surgeons </li></ul><ul><li>Dentists </li></ul><ul><li>Aircraft pilots & flight engineers </li></ul><ul><li>Lawyers </li></ul><ul><li>Nuclear engineers </li></ul><ul><li>Actuaries </li></ul><ul><li>GM’s & executives </li></ul><ul><li>Computer engineers </li></ul><ul><li>Pharmacists </li></ul><ul><li>Nuclear engineers </li></ul><ul><li>Chemical engineers </li></ul>
  13. 14. The Cold jobs <ul><li>Ranchers/Farmers </li></ul><ul><li>Phone Operators </li></ul><ul><li>Bank Tellers </li></ul><ul><li>Typists </li></ul><ul><li>Butchers </li></ul><ul><li>Parts clerks </li></ul><ul><li>Movie projectionists </li></ul><ul><li>Proofreaders </li></ul><ul><li>Loggers </li></ul><ul><li>Insurance Underwriters </li></ul><ul><li>Travel Agents </li></ul>
  14. 15. Best Jobs in The Future Per Money Magazine 2007 http://money.cnn.com/magazines/moneymag/bestjobs/top50/index.html
  15. 16. <ul><li>To find the best jobs in America , MONEY Magazine and Salary.com, began by assembling a list of positions that will grow at an above-average rate over 10 years and that require at least a bachelor's degree. </li></ul>
  16. 17. <ul><li>They eliminated jobs with average pay below $50,000; </li></ul><ul><li>total employment of less than 15,000; </li></ul><ul><li>dangerous work environments; </li></ul><ul><li>or fewer than 800 annual job openings, including both new and replacement positions. </li></ul>
  17. 18. Next They rated positions by stress levels, flexibility in hours and working environment, creativity, and how easy it is to enter and advance in the field. We then ranked the jobs, giving double weight to compensation and percentage growth. Any job that fell in the bottom third of two job-satisfaction categories, or in the pay or growth category, was removed from consideration for the top 10.   
  18. 19. Rank Job growth (10-yr forecast) Average pay (salary and bonus) 1 Software engineer 46.07% $80,427 2 College professor 31.39% $81,491 3 Financial advisor 25.92% $122,462 4 Human resources manager 23.47% $73,731 5 Physician assistant 49.65% $75,117 6 Market research analyst 20.19% $82,317 7 Computer/IT analyst 36.10% $83,427 8 Real estate appraiser 22.78% $66,216 9 Pharmacist 24.57% $91,998 10 Psychologist 19.14% $66,359 11 Advertising manager 20.34% $107,049 12 Physical therapist 36.74% $54,883 13 Technical writer 23.22% $57,841 14 Chiropractor 22.40% $84,996 15 Medical scientist 34.06% $70,053 16 Physical scientist 12.18% $80,213 17 Engineer 13.38% $76,100 18 Curriculum developer 27.53% $55,793 19 Editor 14.77% $78,242
  19. 20. &quot;Good&quot; Jobs Industry Average Hourly Wage ($USD) Pipelines (except natural gas) 24.43 Theaters and Motion Pictures 24.58 Air Transportation 24.72 Railroads 24.79 Legal Services 24.85 Guided Missiles, Space Vehicles and Parts 25.86 Petroleum Refining 25.91 Metal Mining 26.14 Business Management and Consulting Services 27.00 Security, Commodity Brokerage and Investment Companies 30.93
  20. 21. &quot;Bad&quot; Jobs Industry Average Hourly Wage ($USD) Sewing, Needlework and Piece Goods Stores 12.14 Lodging Places (except hotels and motels) 12.10 Knitting Mills 12.07 Gasoline Service Stations 12.00 Barber Shops 11.90 Bowling Alleys, Billiard and Pool Parlors 11.86 Apparel and Accessories (except knit) 11.72 Beauty Shops 11.38 Retail Florists 11.30 Eating and Drinking Places 9.36
  21. 22. Skills Needed ( Recruiters 2007 ) <ul><li>Flexibility & Risk Takers </li></ul><ul><li>Communication Skills </li></ul><ul><li>Big Thinkers </li></ul><ul><li>Financial Acumen </li></ul><ul><li>People Skills </li></ul><ul><ul><li>Leadership </li></ul></ul><ul><ul><li>Networking </li></ul></ul><ul><li>Cutting Edge Experiences </li></ul>
  22. 23. A Diagnostic HRM Framework <ul><li>Can help operating managers focus on a set of relevant factors </li></ul><ul><li>Offers a map that aids a person in seeing the whole picture or parts of the picture </li></ul>
  23. 24. Diagnostic Approach to HRM Diagnosis Prescription Implementation Evaluation
  24. 25. External Environmental Influences <ul><li>Government </li></ul><ul><ul><li>requirements </li></ul></ul><ul><ul><li>regulations </li></ul></ul><ul><ul><li>laws </li></ul></ul><ul><li>The Union </li></ul><ul><li>Economic Conditions </li></ul><ul><ul><li>domestic </li></ul></ul><ul><ul><li>International </li></ul></ul><ul><li>Competitiveness </li></ul><ul><li>Work Sector of the Organization </li></ul><ul><ul><li>private sector </li></ul></ul><ul><ul><li>public sector </li></ul></ul><ul><ul><li>third sector (NP’s) </li></ul></ul><ul><li>Composition and Diversity of the Labor Force </li></ul><ul><li>Geographic Location of the Organization </li></ul>
  25. 26. Internal Environmental Influences <ul><li>Strategy </li></ul><ul><li>Goals </li></ul><ul><li>Organization culture </li></ul><ul><li>Nature of the task (job) </li></ul><ul><li>Work group </li></ul><ul><li>Leader’s style and experience </li></ul>
  26. 27. U.S. Births: 1935 - 1991 YEAR B I RTHS
  27. 28. The Generations GENERATION BIRTH YEARS CUSPERS Veterans 1922-1939 1940-1945 Veterans/Boomers Boomers 1946-1960 1960-1964 Boomers/Xers Xers 1964-1980 1978-1982 Xers/Millenials Millenials 1982-2000
  28. 29. How they see the world !   Veterans Boomers Xer’s Millennial’s Outlook practical optimistic skeptical hopeful Work Ethic dedicated driven balanced determined View of Authority respectful love/hate unimpressed polite Leadership by hierarchy consensus competence pulling together Relationships personal sacrifice personal gratification reluctant to commit inclusive Turnoffs vulgarity political incorrectness cliché, hype promiscuity
  29. 30. Linear Lifeplan Age Education Work Leisure 0 10 20 30 40 50 60 70 Age 80
  30. 31. Linear Lifeplan Age Education Work Leisure 0 10 20 30 40 50 60 70 Age 80
  31. 32. Linear Lifeplan Education Work Leisure 0 85 Accumulation Years Distribution Begins “ Longevity Bonus”
  32. 33. Linear Lifeplan Education Work Leisure 0 85 Accumulation Years Distribution Begins “ Longevity Bonus”
  33. 34. Cyclic Lifeplan Education Work Leisure 0 85 Accumulation Years Distribution Begins Achieve Financial Freedom “ Longevity Bonus” “ Longevity Bonus” “ Longevity Bonus” “ Longevity Bonus”
  34. 35. Cyclic Lifeplan Education Work Leisure 0 10 20 30 40 50 60 70 Age 80
  35. 36. Diversity of the Labor Force <ul><li>The number of married women in the labor force has increased 257% since 1947. </li></ul><ul><li>About 29% of the labor </li></ul><ul><li>force currently is 55 years </li></ul><ul><li>or older. </li></ul>
  36. 37. A More Diverse Workforce <ul><li>Half of the workforce will be women. </li></ul><ul><li>One out of 3 in the workforce will be older than 55. </li></ul><ul><li>White males will represent less than 40% of the workforce. </li></ul>
  37. 38. Civilian Labor Force by Sex, Age, Race, and Hispanic Origin, 2000 and Projected to 2010 (in thousands) Level Level Change Percent Change GROUP 2000 2010 2000-2010 2000-2010 Total (16 years & older) 140,863 157,721 16,858 12.0 Men 75,247 82,221 6,974 9.3 Women 65,616 75,500 9,884 15.2 White 117,574 128,043 10,470 8.9 Black 16,603 20,041 3,438 20.7 Asian 6,687 9,636 2949 44.1 Hispanic 15,368 20,947 5,579 36.3
  38. 39. Factors that Affect the Geographic Location of the Organization Educational Behavioral Legal-Political Economic
  39. 40. Organization Culture <ul><li>A system of shared meaning held by members that distinguishes the organization from other organizations . </li></ul>
  40. 41. Effective Work Groups <ul><li>Members function and act like teams </li></ul><ul><li>Members participate fully in group </li></ul><ul><li>Group goals are clearly developed </li></ul><ul><li>Resources are adequate for goals </li></ul><ul><li>Members furnish useful suggestions </li></ul>
  41. 42. Organizational Restructuring <ul><li>RESTRUCTURING </li></ul><ul><li>Changing of the reporting </li></ul><ul><li>& authority relationships within a firm </li></ul><ul><li>DOWNSIZING </li></ul><ul><li>Designate a reduction in a company’s workforce </li></ul>General Motors Retrenchments: Cut 125,000
  42. 43. HRM Activities That Can Enhance and Sustain Competitive Advantage (1 of 2) <ul><li>Employment security </li></ul><ul><li>Selectivity in recruiting </li></ul><ul><li>Effective wages </li></ul><ul><li>Incentive pay </li></ul><ul><li>Employee ownership </li></ul><ul><li>Information sharing </li></ul><ul><li>7. Participation and empowerment </li></ul><ul><li>Teams and job redesign </li></ul><ul><li>Training as skill development </li></ul><ul><li>Cross-utilization and cross training </li></ul><ul><li>Symbolic egalitarianism </li></ul>
  43. 44. HRM Activities That Can Enhance and Sustain Competitive Advantage (2 of 2) <ul><li>Wage compression </li></ul><ul><li>Promotion from within </li></ul><ul><li>Long-term perspective </li></ul><ul><li>Measurement of practices </li></ul><ul><li>Overarching philosophy </li></ul>
  44. 45. … the end ! Thanx for your attention!

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