Points to Ponder Definition and Concept of HRM History of HRM Functions of HRM HR Policies and Procedures Emerging Role of HRM Role of HR Executives Challenges to HR Professionals Strategic HRM
Functions of HRM - 2 OperationalEmployment HR Development Compensation Mgt Employee Relations Performance HR Planning Job Evaluation Appraisal Recruitment Training Wage and Salary Admn Management Selection Incentives Development Career Planning and Placement Bonus Development Induction Fringe Benefits
Formal Informal President organization organization Chess group Vice Vice Vice President President President Division Division Division Division Division Division Division DivisionDivision Managers Managers Managers Managers Managers Managers Managers ManagersManagers Department Department Department Department Managers Managers Managers Managers Department Department Department Department Managers Managers Managers Managers Department Informal organization Managers Bowling team
RESPONSIBILITY, AUTHORITY & ACCOUNTABILITY Responsibility: It is the obligation of a manager to carry out the duties assigned to him. Authority: It refers to the right to give orders and the power to exact obedience from others in the process of discharging responsibility. Accountability: The employees answerability on using the authority in discharging the responsibility is termed accountability.
LINE AND STAFF FUNCTIONS Departments or Departments or employees of a employees of a firm that perform firm that perform core activities a support Contributes function directly to the Contributes business of the indirectly to the firm business of the Ex: firm Manufacturing Ex: HR and and Marketing Finance departments departments
Line & Staff Relationship TradiTional concepT Service orienTed firm Which are line and STaff funcTionS BoTh needS To SupporT each oTher
The Role of Human ResourcesDepartment As a specialist As a facilitator As a change agent As a controller
HUMAN RESOURCE MANAGEMENT AND OTHER ORGANIZATIONAL FUNCTIONS Product & HR Production & HR Marketing & HRManagement Techniques & HROrganization structure & HR
Human Resource planning Right number Right Skills Right Time Right Cost
HRP definedProcess of anticipating and making provision for the movement of people into, within, and out of an organization
Objectives of HRP Right Time To maintainRight number To forecast Right Skills To optimize Right Cost To utilize
Assessing current humanresources and making inventory Job analysis HR inventory – HRIS Generate a fairly accurate picture existing situation
Forecasting Compare future needs with current availabity Analyze companies change plan Forecasting methods used are Time Series Analysis, Regression Analysis and Productivity Ratios
Matching the inventory with future requirements If the current inventory exceeds the future requirements Natural attrition cannot bring down resource to match What to consider then????
MANAGING THE FORECASTEDDEMAND / SURPLUS M anagi ng futur e demand M anagi ng F utur e Sur pl us
Dealing With Surplus Manpower Retrenchment outplacement layoffs Leave of absence without pay Loaning