1. T H E C H A N G I N G F A C E O F H R
P R O F M U R U G A N K A N D A S W A M Y
S R M I N S T I T U T E O F S C I E N C E
A N D T E C H N O L O H Y
2. 01
HCM
What is HCM
Difference between HCM & HRM.
02
03
04
Resource VS Capital
Res vs Cap
HR Trends in 2021
Upcoming trends 2021
HR Skills for the future
What skills could make you
survive
3. W h a t i s a R e s o u r c e ? ? ? ? ? ? ? ? ? ?
USED
4. W h a t i s a C a p i t a l ? ? ? ? ? ? ? ? ? ?
GROWN
5. As an Employee….How would you like to be
considered a Resource or a capital??????????
12. Difference - HRM
& HCM
HUMAN RESOURCE MANAGEMENT
01
Focuses on core administration
HUMAN CAPITAL MANAGEMENT
02
Includes HRM Functions such as analytics and
Performance Management
Maximize the ROI of the people in the
organization
13. T H E R E A R E D I F F E R E N T L A Y E R S , D I F F E R E N T
A N G L E S / P E R S P E C T I V E S T O S O L V E P R O B L E M S
So what do they mean by that? Does it mean they have economic value such as a building or equipment? Renovations to the building do add value & Inventory on a shelf does decrease value. But what about in an intangible asset such as an employee?????????????
Uber’s HR only focued on recruitement and never focused on ethics and legal aspects thereby they got into the highlight for a lot of compliance based issues
Anti-fragility is beyond resilience or robustness. The resilient resists shocks and stays the same; the antifragile gets better.” During the COVID-19 crisis we heard a lot about resilience: how can organisations and the people in organisations bounce back? Anti-fragility is a stronger concept: how can you bounce back on a higher level? The concept needs more scientific basis and reliable tests will have to be developed, but clearly “anti-fragile” personalities will be in high demand.
Putting a fruit in front is called nudging, Banning a fruits is called policing