Innovative Changes In Human Resource Management

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Innovative Changes In Human Resource Management

  1. 1. Role of HR in today’s date: 2  HR Capital Steward: HR acts as guide and facilitator in partnership to bring the people & organizations together to work for a particular goal.  Knowledge Facilitator: Facilitates both knowledge capital and knowledge flows.  Relationship Builder: Manages relationship between individuals and groups both internal and external to the organization to enhance the social capital across the value chain.  Rapid Deployment Specialist: Takes responsibility for the development of flexible human capital resources with an emphasis on adaptability, tolerance and capacity to learn. Innovative Changes in Human Resource Management, By: Ashish Kumar, MBA – A (Final), Gitam Institute of Management, Visakhapatnam
  2. 2. Role of HR in today’s date (Contd): 3 Reduce Absenteeism Motivate the Staff Role of Team work HRM Recruitment & Selection Giving Training Innovative Changes in Human Resource Management, By: Ashish Kumar, MBA – A (Final), Gitam Institute of Management, Visakhapatnam
  3. 3. Recent Innovations: 4 Six Sigma Practices Human Resource Outsourcing Content Retention Strategy Title Quality Management Attrition The Hothouse Effect Innovative Changes in Human Resource Management, By: Ashish Kumar, MBA – A (Final), Gitam Institute of Management, Visakhapatnam
  4. 4. Six Sigma Practices: 5  It uses rigorous analytical tools.  It is followed leadership from the top.  Develops a method for sustainable improvement.  These practices improve organizational values.  Helps in creating defect free product.  Help in cutting the cost. Innovative Changes in Human Resource Management, By: Ashish Kumar, MBA – A (Final), Gitam Institute of Management, Visakhapatnam
  5. 5. Human Resource Outsourcing: 6  A new accession.  Helps in maintaining the work force.  Works on a contract basis. Innovative Changes in Human Resource Management, By: Ashish Kumar, MBA – A (Final), Gitam Institute of Management, Visakhapatnam
  6. 6. Retention Strategy: 7  Employee is an asset to a company.  Company invests lots of money on each employee.  In the time of recession retaining an employee will cost company over the profits. Innovative Changes in Human Resource Management, By: Ashish Kumar, MBA – A (Final), Gitam Institute of Management, Visakhapatnam
  7. 7. Quality Management: 8  The recent quality management standards ISO 9001 and ISO 9004 focus more on people centric organizations.  Organizations are started focusing on quality management training.  Top management has to be prepared to address people centered issues. Innovative Changes in Human Resource Management, By: Ashish Kumar, MBA – A (Final), Gitam Institute of Management, Visakhapatnam
  8. 8. Attrition: 9  This method is widely used to reduce the effect of recession. It’s one of the method used by the companies to cut the operating cost.  With this method companies get more amount of work from the same compensation.  This issue can be seen mostly in the BPO sector. Innovative Changes in Human Resource Management, By: Ashish Kumar, MBA – A (Final), Gitam Institute of Management, Visakhapatnam
  9. 9. The Hothouse Effect: 10  HRM’s role in “Managing Creativity”  5 criteria that define a hothouse: 1) Sustain high level of innovative creativity for a significant period of time 2) Draw on the knowledge and innovations of the broader cultural zone to which they belong 3) Spawn geniuses whose achievements climax the work of other practitioners at all levels 4) Establish a new way of doing things 5) Achieve recognition and establish a lasting legacy Innovative Changes in Human Resource Management, By: Ashish Kumar, MBA – A (Final), Gitam Institute of Management, Visakhapatnam
  10. 10. 11 Contact: ashish.kr2066@gmail.com ashish_cool2066@yahoo.co.in Innovative Changes in Human Resource Management, By: Ashish Kumar, MBA – A (Final), Gitam Institute of Management, Visakhapatnam

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