Professional Documents
Culture Documents
HRM Vs HRD
Chinese saying : Give fish to man , he will eat for a day; train him to fish, a life time
benefit
Required competencies : proactive, shock absorber, leader and not a boss, mentor,
practice empathy / ethics
Strategy – a way of doing something includes formulation of goal and set of action plan
for accomplishing of that goal
Strategic Management
1 Analyse the opportunities / threats / constraints that exist in the external environment
Example : IT sector and its employees in the present context and its impact
2 Formulate strategies that will match organization’s strengths and weaknesses with the
environmental threats and opportunities
Example: special products, hi tech operations, image
4 Evaluate and control activities to ensure that organization’s objectives are achieved
Environmental scanning
Process of forecasting a firm’s future demand for and supply of right type of people in the
right number
a) Retirement
b) resignation
c) natural wastage
e) closure
f) diversification
Demand forecasting
Process of estimating the quantity and quality of people required to meet future needs of
the organization
2) ratio trend analysis : studying past ratios and forecasting future ratios making
some allowance for changes in the organization or methods . No. of workers Vs
Sales
3) DELPHI Technique: named after Greek Oracle at the city of Delphi; method of
forecasting personnel needs
From a group of experts, usually managers. Summaries and surveys are repeated
until the experts’ opinions begin to agree – agreement reached is the forecast of
the personnel needs. Special feature is absence of interaction among the experts
Job Analysis
The results of job analysis are set down in job description – tangible duties and
day to day assignments
Job specification:
Recrutiment:
Positive step; attracting as many applications as possible from eligible job seekers
First contact that a company makes with potential employees. Thro’ recruitment
many come to know a company. Provides good image of the company and
information about the job
Advantages : New ideas / blood; not polluted by internal politics, new machinery /
technical know how
Internal > existing employees apply for higher category / transfer from one to
another
Advantages: morale high; less expensive, not much training needed
Disadvantages: may continue with local politics, acceptance by colleagues doubtful; not
having new ideas / exposure
Selection
Process of differentiating between applicants in order to identify and hire those with a
greater likelihood of success in a job
Process:
1 preliminary interview - scrutinize and eliminate unqualified
5 Reference and back ground check – most of the companies including TVS
1 Role Analysis – Right person for the right job; vision test, Color blindness, height and
weight, aptitude and attitude
2 Performance Appraisal
4 Rewards and Recognition : Motivating factor; as human beings right from childhood
man wants recognition. Psychological factor to increase the productivity,reduce
wastage,improve quality.
In the work situation highly warrants. Positive > Awards / incentives / prizes