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    Models: - I/O Model - Research Base Model

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    Vaibhav Ahuja
    This document summarizes models and strategies for human resource planning and management. It discusses the I/O model, research base model, and strategic human resource management. It then outlines the strategy management process, types of corporate and business unit strategies. The main part of the document summarizes the human resource planning process, including reviewing business strategy, scenario and demand forecasting, supply forecasting, gap analysis, and solution analysis. It provides examples of work-study techniques, ratio analysis, and Markov analysis used in human resource planning.

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    Models: - I/O Model - Research Base Model

    Uploaded by

    Vaibhav Ahuja
    13 views12 pages
    This document summarizes models and strategies for human resource planning and management. It discusses the I/O model, research base model, and strategic human resource management. It then outlines the strategy management process, types of corporate and business unit strategies. The main part of the document summarizes the human resource planning process, including reviewing business strategy, scenario and demand forecasting, supply forecasting, gap analysis, and solution analysis. It provides examples of work-study techniques, ratio analysis, and Markov analysis used in human resource planning.

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    HRP

    Original Title

    HRP 1.pptx

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    This document summarizes models and strategies for human resource planning and management. It discusses the I/O model, research base model, and strategic human resource management. It then outlines the strategy management process, types of corporate and business unit strategies. The main part of the document summarizes the human resource planning process, including reviewing business strategy, scenario and demand forecasting, supply forecasting, gap analysis, and solution analysis. It provides examples of work-study techniques, ratio analysis, and Markov analysis used in human resource planning.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    13 views12 pages

    Models: - I/O Model - Research Base Model

    Uploaded by

    Vaibhav Ahuja
    This document summarizes models and strategies for human resource planning and management. It discusses the I/O model, research base model, and strategic human resource management. It then outlines the strategy management process, types of corporate and business unit strategies. The main part of the document summarizes the human resource planning process, including reviewing business strategy, scenario and demand forecasting, supply forecasting, gap analysis, and solution analysis. It provides examples of work-study techniques, ratio analysis, and Markov analysis used in human resource planning.

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    You are on page 1of 12

    Models

    I/O Model
    Research Base Model

    Strategic human resource management -formulating and


    executing human resource policies and practices that produce
    the employee competencies and behaviors the company
    needs to achieve strategic aims
    Human Resources Information Systems A database used by
    an organization to maintain and analyze information on its
    workforce, in a sense, an "inventory" of the people and their
    skills and competence profiles within an organization

    Strategy
    Strategy Management Process
    Vision and Mission
    Analyzing Internal and External Environment
    Goal and objective
    Setting Strategy

    Types of Strategy
    Corporate Strategy
    Growth
    Stability,
    Turnaround

    Strategic Business Unit


    Cost
    Differentiation
    Focus

    Human Resource Planning Model

    HRP Process
    Reviewing Business Strategy and plans
    Scenario Planning
    Demand Forecasting
    Quantitative
    Trend Analysis
    Ratio Analysis
    Regression Methods
    Work Flow Study
    Simulation Models
    Qualitative
    Delphi Technique
    Nominal Group Technique
    Rule of Thumb
    Supply Forecasting
    Internal
    Skill & Management Inventory
    Replacement Chart & Summary
    Succession Planning
    Markov Analysis
    External
    Economic Trend
    Market Trend
    Technology Trend
    Occupational Trend

    HRP Process

    Gap Analysis
    Staffing Table
    Solution Analysis
    Surplus
    Freeze Hiring
    Attrition
    Voluntary Retirement Scheme
    Job Sharing
    Compressed Week or hours
    Loaning
    Layoff
    Termination
    Leave of absence
    Deficit

    Overtime
    Temporary Workers
    Contractual Employees
    Outsourcing
    Temping
    Hiring

    Work-Study Technique
    Estimated total annual production = 300000 units
    Standard man-hours needed to produce each unit =
    2 hrs
    Estimated man-hours needed to meet estimated
    annual production (i x ii) = 600000 hrs
    Work ability/contribution per employee in terms of
    man-hour = 1500 hrs
    Estimated no. of workers needed (iii / iv) =
    600000/1500 = 400 workers

    Ratio Analysis
    Estimated production for next year = 1,40,000
    units
    Estimated no. of workers needed
    (on the basis of ratio-trend of 1: 200) will be =
    700

    Management Replacement Chart

    Management Replacement Chart

    Markov Analysis

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