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INTRODUCTION.
Human Resource Mgt has replaced personnel management in
its approach in handling workers. Is a strategic and coherent approach to management of an organizations most valued asset Human Resource. Is a set of interrelated policies with an ideological or philosophical underpinnings including: i) A particular castellation of beliefs and assumptions. ii) A strategic thrust informing decisions on pple Mgt. iii) The central involvement of line Managers. iv) Reliance on a set of levers to shape the employment relationship. Cont. The organizations success is dependent on employee performance. Employees can hand the org to the board for industrial & financial reconstruction(BIFR). Need to attract, retain and motivate the right caliber of workers. HRM is hence a set of functions, programs and activities designed and carried out in order to maximize employee and organizational effectiveness. Purpose of SHRM Make the most effective use of those involved in project work. Plan for Human Resource engaged in Project work. Create project organizational charts. Create responsibility assignment matrix Create a resource histogram. Issues on project staff acquisition. Acquit concepts of resource assignments Cont. Resource loading and resource leveling. Team development by training Team building activities Reward systems Tools and techniques adopted in managing project teams. Strategic Human Resource Management systems i) HR philosophies describing values and guiding principles adopted in managing people. ii) HR strategies defining the direction SHRM intends to go. iii) HR policies defining how this values, principles and strategies should be applied and implemented in specific areas of HRM. iv) HR processes consisting of formal procedures and methods used to implement HR strategic plans & polices. Cont HR practices comprising the formal approaches used in managing people. vi) HR programs that enable HR strategies, policies and practices to be implemented according to the plan. HRM Cycle: Selection- Performance Management – Rewards –Development – Performance THE HARVARD FRAMEWORK FOR HRM i) Stakeholder interests- shareholders, mgt, employees, Govt, Unions ii) Situational factors- workforce characteristics, business strategy and conditions, mgt philosophy, labor mkt, unions, Task technology, laws and social values. iii) HRM policy choices- employee influence, HR flow, reward systems, work systems. iv) HR outcomes- commitment, congruence, cost, effectiveness. v) Long term consequences- Individual well being, organizational effectiveness, societal well being. Cont. Aims of SHRM i) Provide a range of services that support achievement of corporate objectives. ii) Enables the org to obtain and retain, skilled, committed and well motivated workforce. iii) Enhance and develop inherent capabilities of people and their contributions to org growth. Cont. iv) Manage diverse workforce considering individual and group differences in employment needs, work style and aspirations v) Ensure that equal opportunities are available to all. vi) Cater for the occupational health and safety of employees. vii) Enhance harmony in the organization. viii) Recognize and reward performance. Scope of Strategic Human Resource Management Entails all activities of an employee from the time of his/her entry into an organization to the time of his or her departure including: i) Human Resource planning ii) Job analysis and evaluation. iii) Recruitment and selection. iv) Orientation and placement. v) Training and development. Cont. vi) Performance appraisal vii) Job evaluation. viii) Executive remuneration ix) Motivation and communication. x) Welfare, safety and health. xi) Industrial relations. THE HARVARD FRAMEWORK FOR HRM i) Stakeholder interests- shareholders, mgt, employees, Govt, Unions ii) Situational factors- Workforce characteristics, business strategy and conditions, mgt philosophy, labor Mkt, unions, Task technology, laws and social values. iii) HRM policy choices- employee influence, HR flow, reward systems, work systems. iv) HR outcomes- commitment, congruence, cost, effectiveness. v) Long term consequences- Individual well being, organizational effectiveness, societal well being. The models merits i) Incorporates recognition of a range of stakeholder interests. ii) Recognizes the importance of ‘trade offs’ between interests of owners and those of employees as well as group interests. iii) Widens the context of HRM to include ‘employee influence’ the organization of work and associated question of supervisory style. iv) Acknowledges a broad range of contextual influence on the managements choice of strategy. v) Emphasizes strategic choice – It is not driven by situational or environmental determinism. Human Resource Management Policy Goals Managing people as assets that are key to org competitive advantage. Aligning HRM policies with business policies and corporate strategy. Developing a close fit of HR policies, procedures and systems with one another. Creating a flatter and more flexible organization capable of quickly responding to change. Encouraging team working and co-operation across internal organizational boundaries. Cont. Creating a strong customer-first philosophy through out the organization. Empowering employees to manage their own self development and learning. Developing reward strategies designed to support a performance driven culture (HPWS)- Recognition and reward, promotions e.t.c Improving employee involvement through better internal communication. Building greater employee commitment to the organization. (Organizational Citizenship Behavior & Proactive work behavior) Cont. Increasing the line management responsibility for HR. (They are a key link on org issues) Developing the facilitating role of managers as enablers. Concept of human capital Human capital represents the human factor in the organization which is a combination of: i) Intelligence, (As opposed to machines) ii) Skills and expertise. iii) Human elements capable of learning, changing, innovating and providing the creative thrust for the organization. iv) People possess innate abilities, behaviors, and personal energy and this elements make up the human capital they bring to work. Cont. It is hence they, who own this capital and decide when, how and where they will contribute it (Pilots, doctors, etc). The choices they make include much discretionary behavior they are prepared to exercise in conducting their duties(Are not a push over at all). Intellectual capital. Entails the stocks and flows of knowledge available to the organization. – (Kind of expertise available)- Price Water coopers Can be regarded as intangible resources associated with people who together with tangible resources (Money and assets) comprise the market or total value of a business (Infosys- BAT- Price water coopers) The concept of human capital is viewed as a bridging concept- That is it defines the link between HR practices and business performance in terms of assets rather than business processes. Resource based view. The resource-based view of the firm is concerned with the relationships between internal resources. It focuses on the promotion of sustained competitive advantage through the development of human capital rather than merely aligning human resources to current strategic goals. Cont. HRs can provide competitive advantage for the business, as long as they are unique. Business excellence is not just about “best practice” or “leapfrogging the competition”, but about the intellectual capital and business intelligence to anticipate the future, & today. Cont. To sustain competitive advantage: i) The resource must be valuable. ii) The resource must be rare. An assumption is made that the most important competence for employees is cognitive ability due to future needs for adoptability and flexibility. Cont. iii) Resources need to be inimitable. Applies to Human resource as competitors that will find it difficult to identify the exact source of competitive advantage from within the firm’s human resource pool. iv) Resources need to be non-substitutable. Although in the short term it may be possible to substitute human resources with others, for example technological ones, HR in the long run could be different. Human Resource Planning Is the process of ensuring that the orgs Human Resource Requirements are identified and plans made to satisfy them. Is based on the belief that people are an orgs most important strategic resource. Looks at ways in which people are employed and developed in order to improve organizational effectiveness. Cont. HRP plays a key role in Strategic Human Resource Management. Strategic HRM planning process should define projected changes in the scale and type of activities carried out by the organization. Should identify core competencies the organization needs to achieve its goals and skills required. Cont. HRP is a decision making process that combines three important activities including: i) Identifying and acquiring the right number of people with proper skills. ii) Motivating them to achieve high performance. iii) Creating interactive links between business objectives and people planning activities. Hard and Soft HRM. Hard human resource planning is based on quantitative analysis that the right number of the right caliber of people are available when needed. Soft human resource planning entails ensuring the availability of people with the right kind of attitude and motivation. People committed to the organization and engaged in their work, while behaving accordingly. Cont. It is based on the assessment of the requirement for this qualities, and measurements of the extent to which they exist. Limitations of HRP i) Forecasting future people needs( Demand forecasting) can prove to be complex. ii) Forecasting the future availability of people (Supply forecasting) May be difficult in some cases. iii) Drawing up plans to match supply demand. Reasons for org planning. Planning for substantive reasons: That is to have a practical effect by optimizing the use of HR and making them more flexible. Planning because of the process benefits: which involves understanding the present in order to confront the future. Planning for org reasons: which involves communicating plans so as to obtain support/adherence to them. Linking HR plans to business plans so as to influence them. Aims of HRP i) To attract and retain the number of people required with the appropriate skills, expertise and competencies. ii) Anticipate the problem of potential surpluses or deficits of people. iii) Develop a well trained and flexible workforce, thus contribute to the organizations ability to adapt to an uncertain and changing environment. Cont. iv) Reduces dependence on external recruitment when key skills are in short of supply by formulating retention, as well as employee development strategies. v) Improve the utilization of people by introducing more flexible systems of work. Training. Is an activity intended to impart knowledge, information and skill to the trainees. The intention is to improve the recipients performance and skill. Entails perfecting an identified skill to the expected standards. Training and Development Internal or on-the-job training. a) Demonstration. - The trainer describes and demonstrates how to do a certain work or job. - He performs the activity himself, going through step by step explanation of the why, how and what he is doing. b) Apprenticeship training. - Major part of training time is spent on the job productive work. Cont. Each apprentice is given a program of assignments according to a predetermined schedule. - This method is appropriate for the training of craftsmen, tradesmen and technical areas. c) Vestibule training. - It involves classroom training imparted with the help of equipment and machines identical to those in use at the place of work. Cont. Theoretical training is given in the classroom, while practical work is conducted in the production line. - It is often used to train clerks, bank tellers, inspectors, machine operators, typists, etc. d) Simulation - It is an extension of vestibule training. - The trainee works in a closely duplicated real job conditions. Cont. Other methods include: - An assistance position - Committee or board membership - Delegation - Refresher training - Orientation or induction External training or off-the-job training.
Off the job training methods include:
a) Lectures. - Are formally organized talks by an instructor on specific topics. - This method is useful when philosophy, concepts, theories and problem solving have to be discussed to a large group of people. b) Case studies. Cont. b) Case studies - An account of a real or fiction situation is given, and trainees are expected to suggest answers to a number of practical and theoretical issues raised by the case. - Is useful for giving participants an opportunity to experience problem solving in a relevant context. Cont c) Role playing - The aim is to create a realistic situation where trainees assume the parts (or role of the specific persons in that situation. - The aim is to develop trainees’ skills in areas such as leadership and delegation. d) Management games - Using computerized management games, trainees are divided into five or six person groups, where each competes with the others in a simulated marketplace. Cont. Others include: - Brainstorming - Sensitivity training - Assertiveness training. - Transactional analysis. Question: Elaborate on the above training methods. What are the advantages of external training? Explain the meaning of transactional analysis and briefly describe how it improves interpersonal relations on the job. Management Development.
Is futuristic and more concerned with
educative activities that help an employee to improve his/her reasoning and ability to understand and interpret knowledge. It focuses on the employees’ personal growth. It is an attempt to improve managerial performance by imparting knowledge, changing attitudes, or increasing skills. The ultimate aim is to enhance the future performance of the company itself. Cont. The general management development process consists of 1) Assessing the company strategic needs. 2) Appraising the managers current performance. 3) Developing the managers(Could be tailor made) development program aimed at filling specific positions, such as the CEO. 4) This usually involves the succession planning. Cont. Succession planning refers to the process through which a company searches for and fills senior level vacancies. The typical succession planning process involves several steps: i) Anticipate management needs based on strategic factor such as planned expansion ii) Review your firms’ management skills inventory iii) Create replacement charts iv) Management development can then begin HR INFORMATION SYSTEMS. HRIS- Is a computer based information system for managing the administration of HR processes and procedures. Is a system that helps an organization acquire, store, manipulate, analyze, retrieve and distribute information about an organizations human resources Tannenbaum,(1990) According to Kettley and Reilly (2003) it is a fully integrated, organization- wide network or HR related data, information, service, tools and transactions. THE IMPORTANCE OF HRIS. i. Improves the quality of information available. ii. Reduces administrative burden on the human resource department. iii. Improves the speed at which information is made available. iv. Improves the flexibility of information to support business planning. Cont. Improves service delivery to the employer. vi) Produces human resource metrics- auditing(Age, retirement, gender, professionals) vii) Aids human capital reporting. viii) Improves productivity in the entire organization. ix) Reduces operational costs. x) Manages peoples working time more effectively. Functions of SHRIS Helps in absence recording and management. Aids training and development programs. Used in total reward statement preparations. Aids in managing diversity. Aids in recruitment and selection. Used in preparation of payrolls. Used in appraisal and performance management. Used in Human Resource planning. Cont. Aids in knowledge management. Aids in metrics(HR Auditing) and human capital. Numbers in terms of gender, profession, age etc. Diversity Management. Business preference for teamwork to individual work is a call to diversity. The changing workforce demographics have made workforce diversity management necessary for firms (Taylor, 2001). The effects of diversity on organizational behavior are complex and powerful (Aghazadeh, 2004). Diversity is inevitable due to the globalized business world (Artze and Hansen, 2003). Diversity management is thus a necessary response by companies to changes in the labor and sales markets. (Oberg, 1997). Definitions Diversity management is the strategic process to manage diverse workforce – including the fight against stereotypes, prejudice and all kinds of discrimination due to the individual’s perceptions and assumptions. Cox (2001). Diversity is generally defined as acknowledging, understanding, accepting, valuing and celebrating differences among people with respect to age, class, ethnicity, gender, physical and mental ability, race, sexual orientation, spiritual practice and public assistance status. Johnson (2003) THE SCOPE AND PURPOSE OF DIVERSITY MANAGEMENT. It is worth noting that, Heterogeneous management teams tend to create greater innovative power than homogeneous groups. Corporate flexibility is increasing, because homogeneous decision-making structures, are under greater pressure to conform and tend to react less flexibly to external changes. Companies with effective diversity management make better use of their markets and are thus more productive and profitable. Cont. Diversity is an integral and essential feature of individual differences and recognition of individual differences that people are not homogenous and Focuses on multiplicity of differences among people or variety of people as heterogeneous groupings hence, individual differences are the basis of divers Diversity is aimed at harnessing these differences to create a productive environment in which everybody feels valued and where talents are fully utilized, and hence organizational goals being met. Cont. ii) Diversity as part of an organization’s strategic plan- diversity strategies and plans that are developed and aligned with the organization’s strategic plan. iii) Diversity linked to performance-the understanding that a more diverse and inclusive work environment can yield greater productivity and help improve individual and organizational performance. iv) Measurement- a set of quantitative and qualitative measures of the impact of various aspects of an overall diversity program. Cont. v)Accountability- the means to ensure that leaders are responsible for diversity by linking their performance assessment and compensation to the progress of diversity initiatives. vi) Succession planning- an ongoing, strategic process for identifying and developing a diverse pool of talents for an organization’s potential future leaders. vii) Recruitment—the process of attracting a supply of qualified, diverse applicants for employment. Best practice for managing organizational diversity.
Best practices are defined as “practices which are
most appropriate under the circumstances, especially as considered acceptable or regulated in business; viii)Diversity training—organizational efforts to inform and educate management and staff about diversity’s benefits to the organization .
Phase 4 - Project Management Financial Assessments Value in Using PERT, Risk Matrices, and Earned Value Management Memo Joseph M. Rivard Professor: Dr. Gonzalez PM620-1003B-01 September 10, 2010