Watch this with a 10-15 minute audiotrack at http://vimeo.com/novusprogram/lesson9
The goal of this lesson is to introduce the purpose and importance of human resource management. The lesson provides a brief overview of the staff development process, from attracting and choosing the right employees to cultivating a positive organizational culture.
The Novus project is a combination of video tutorials designed to be used in conjunction with a free business simulation software program. The Novus Business and IT Program contains 36 business and IT training videos, covering basic finance, accounting, marketing, economics, business strategy, Word, Excel, and PowerPoint. Users will have an opportunity to apply the lessons in the Novus Business Simulator. Over six rounds, the user or teams will have to make decisions on capital purchases, financing, production, financing, and human resources for a microbrewery. This channel has arranged the 36 video lessons into the order in which they are meant to be used with the simulator. To watch this slideshow as a video, please go to our Vimeo page at: https://vimeo.com/novusprogram. To download our free business simulation software, please go to our SourceForge page at: http://sourceforge.net/projects/novus/.
Marel Q1 2024 Investor Presentation from May 8, 2024
Lesson 9: Managing People
1. Managing People
Objective: To understand different areas of taking care of employees and
how to create a strong workforce.
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3. Managing People
• Attracting employees
• Choosing employees
• Training employees
• Rewarding employees
• Managing organizational culture
• Following laws
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4. Attracting Employees
Personnel must find new employees
Ways to attract good employees:
• Salary
• Benefits
• Clear job descriptions
• Create opportunities
• Creative advertisements
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5. Attracting Employees
How to avoid hiring bad employees:
• Check backgrounds
• Check references
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6. Choosing Employees
Methods for choosing employees:
• Applications
• Interviews
– Structured
• Behavior questions
• Situation questions
– Unstructured
• Written tests
• Work sample tests
• Presentations
• Work examples
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7. Training Employees
• Provides skills, knowledge and ability
• For new and old employees
• Two basic ways
– On the job
– Off the job
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8. Evaluating Employees
• Allows employees to improve their work
• Shows who is ready for promotion
• Helps determine salary
• Shows which employees have problems
• Can be done with consultants or from inside the
organization
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9. Evaluating Employees
Things needed for evaluations:
• Employee goals
• Expectations
• Regular feedback
• Development resources
• Annual performance review
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10. Rewarding Employees
Salary and benefits are the two most common
ways
Personnel’s salary responsibilities are:
• Payroll
• Amount
Personnel should also manage any benefits
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11. Organizational Culture
• Culture is the
personality of the
business
• Personnel can change
the culture through its
activities
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12. Following Laws
• Personnel helps the company follow laws
– Taxes
– Safety
– Hiring & firing employees
– Workplace behavior
• Personnel tells employees about the laws
• Following laws creates a safe place to work
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13. Human Capital
• Collection of skills and knowledge that allow
employees to work
• Creates value for businesses
• Can be increased over time
• Personnel’s job is to increase Human Capital
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