HRM IN BUSINESS PERSPECTIVE:

Societal Analysis of Organizational and individual

performance
 Why Organizations at all ?...

† Create
C t valuesl for
f the
th society
i t
† Scio-economic Development
† Civilization and culture

What an individual can not do,

can be done byy a group
g p or an organization
g
 Organizational membership

†AAs llong as organizations

i ti create
t values
l for
f the
th
society
† Seizes
S i its
i right
i h to exist
i the
h moment it i does
d not
add value as expected by the society
 Types of organizations
† Business organization

† Institution

† NGO

† Government

† Judiciary

† Media\Press

† Citizen
Citi group

† Family

† Fundamental group\Terrorist group

 What is an organization?

“A consciously coordinated social unit, composed

of two or more people, that functions on a
relatively continuous basis to achieve a
common ggoal or set of ggoals”
Robbins (2005)
 Organizational/Institutional Performance

‰ Performance
P f IIndexes:
d
ƒ High productivity
ƒ High Quality
ƒ Cost effectiveness
ƒ Growth and diversification
ƒ Corporate Social Responsibility
‰ Financial indicators (Based on balance sheet)
 Organizational Performance

† Cases:
„ Tata steel: Contributions to the city and India

„ Infosys: Aspirations of the middle class come true

„ Nuclear Deal - Governmental performance

„ Cricket world Cup in 1983 - Team

„ Abhinav Bindra’s
Bindra s gold Medal in Olympics – Individual
performance
 Societal Performance
† Performance Indexes:
„ Per Capita Income
„ Gross National Product
„ Gross Domestic Product
† UNDP Report Indexes:
„ Human Development Index (HDI)
„ Human Poverty Index (HPI)
„ Gender Related Development Index (GDI)
Amartya Sen’s ideas on Economic freedom have contributed to
the UNDP Human Development Report broader measures of
welfare and poverty
 Individual Performance
† Activity Vs. Work
† Basic
B i unit it off workk completion
l ti - At
individual level
† Seizes a persons right to be a member of the
organization the moment s/he does not meet
the expectation of the ‘significant others’ in
the organization
† Lack of competency is often a barrier to high
performance
 Implications for individuals

† Must
M t create t value
l in
i the
th role
l
† Justice to an individual Vs. Justice to many/
society
† No alternative other than to perform
p
 Competency and Performance

† Deference
D f bbetween
t talent,
t l t skill
kill andd
competency
† Competency: Knowledge, Skill and Attitude
† Pre-condition for performance
p
 Potential and possibilities of human beings

† Discussion
Di i point
i t
 How much a person can Achieve?

† Stretching
St t hi
† Stress
 Human Resource Management

† Hunan Engineers

† Purpose:
„ High performing individuals

„ Well developed groups

„ Value adding organizations

† Highly Challenging Managerial function