Professional Documents
Culture Documents
Extra Book
Extra Book
Q1. Difference between Human resource and human capital with an example. ......... 4
Q2. Who is human? who is resource? who is capital? with an example ...................... 5
Q3. How human resource become human capital?...................................................... 6
Q4 what make obstacle human resource to become human capital? ......................... 8
Q5. why human capital need patriotism? ..................................................................... 9
Q5. why patriotism is important for human capital development? ........................... 10
Q6. how is the world of work is changing? in terms of human capital....................... 11
Q7. what does the future of work mean for the function of human resources? ....... 12
Q8. How might human resource look and feel in the future? .................................... 14
Q9. how can we improve the result of learning system in bangladesh? .................... 15
Q10. what are the steps we need to take to improve our learning system in
bangladesh? ................................................................................................................ 16
Q11. what is demographic dividends? in which stage bangladesh stays in terms of
demographic dividends? ............................................................................................. 18
Q12. are Bangladesh is in the right track in macro or micro level in terms of
Demographic dividends? if not what should we do?.................................................. 19
Q13. what consists the core of human resource in bangladesh with example? ........ 20
Q14. what are the unique attributes of human capital management with example? 21
Q15. important objective of human resource management. ..................................... 23
Q16. importance of human resource planning in an organization with example ...... 24
Q17. what are the barriers of effective human resource planning in bangladesh with
example. ...................................................................................................................... 26
Q18. what makes human to a human resources? ...................................................... 27
Q19. Is Bangladesh really doing enough at the policy and macro level to turn its
youth into valuable resources? ................................................................................... 28
Q20. do you think the decisions related to the employees in organizations are
integrated with the other business decisions? with example .................................... 29
Q21. what are the competitive advantage of human capital in bangladsh,in terms of
govt rules and regulation, global economy and technology? with example .............. 30
Q22. unique attribute of human capital management in terms of efficiency and
effectiveness, six sigma program, roi, day to day performance, increasing revenue
and reducing cost ........................................................................................................ 32
Q23. What is human capital management? ............................................................... 33
Q24. What does human capital management involve? .............................................. 34
Q25. Benefits of human capital management ............................................................ 34
Q26. Functions of human capital management.......................................................... 36
Q27. What is human capital management software? ................................................ 37
Q28. How to improve human capital management.................................................... 37
Q29. 10 reasons why a business's most valuable asset is an employee ..................... 38
Q30. What is employee productivity? ........................................................................ 41
Q31. Why is employee productivity important? ......................................................... 41
Q32. What affects employee productivity? ................................................................ 41
Q33. How to increase employee productivity as a manager ...................................... 42
Q34. How to increase employee productivity as an employee .................................. 43
Q35. MISSION, VISSION, VALUES AND COMMITMENT ............................................... 44
Q36. Why are so few companies proactively seeking to leverage their human capital?
with example............................................................................................................... 44
Q37. Why are so few companies proactively seeking to leverage their human capital?
So, what to do for us to make it okay? ........................................................................ 45
Q38. prerequisite to human capital management in terms of leadership
transformation, capable team with potential, readiness and timining scope and size
with example............................................................................................................... 46
Q39. Explain business foundation component in terms of culture, core value,
mission, vision with example ...................................................................................... 48
Q40. company's mission vs vision with example ........................................................ 49
Q41. what is culture and core values. explain difference between companys culture
and core values with example..................................................................................... 50
Q42. who are generation Z of bangladesh? how to make generation z of bangladesh
into a human capital. with example ............................................................................ 52
Q43. what type of mission, vision, culture and core value needed for a ideal company
with example............................................................................................................... 53
Q44. Why human capital initiative is called performance wheel in terms of process
and policies, talent utilization, organizational development, recognition rewards and
remuneration, communication, organizational structure? with example .................. 55
Q45. what is the link between culture of organization (relative importance of cost,
time and quality; power structure; people communication; degree of formalization;
customs and traditions) and human capital management? with example ................ 56
Q46. what are the challenges we face in our learning sytem in bangladesh with
example ....................................................................................................................... 58
Q47. productivity vs efficiency in terms of human capital ......................................... 59
Q48. what is balanced scorecard in human capital management? how it works? with
example ....................................................................................................................... 60
Q49. 10 reasons for finland schools systems are better. With example .................... 62
Q50. World bank HCI, Five indicators ......................................................................... 64
Q51. what are the roles of HR to meet the 21st century. ........................................... 64
Q52. what HR team work as a leader with example ................................................... 65
Q53. what is the purpose of VRS in human capital? with example ............................ 67
Q54. how do you select your employee? who to be layoff or whom to retain? with
example ....................................................................................................................... 68
Q55. how a company restructure its HR department with example .......................... 70
Q56. Why MNC hire management trainee? with example ......................................... 71
Q57. what are the difference between bangladesh and finland learning education
system? ....................................................................................................................... 73
Q58. expalin blooms taxonomy (revised) with example ............................................. 74
Q59. Why generation z in Bangladesh changes their jobs frequently? with example 75
Q60. How we establish core value and culture in a company in terms of ritual based
on religion, food based on religion, dress based on religion, festival based on
religion? with example ................................................................................................ 77
Q61. what is intergeneration gap/conflict/clash in human capital initiatives? how to
manage it? in terms of business foundation (culture, core values, vision, mission) and
business strategy. with example ................................................................................. 78
Q62. how to develop human capital in generation z in bangladesh? how to manage
generation z? with example ........................................................................................ 79
Q63. what are the anthropology? How to apply anthropology to manage generation
z? ................................................................................................................................. 81
Q64. what type of mission, vision, core value and culture is need to develop
generation z?with example ......................................................................................... 82
Q65. How motivational culture is created in a company? with example ................... 83
Q66. How leadership plays in the human capital management wheel in terms of
process and policies, talent utilization, organizational development, recognition
rewards and remuneration, communication, organizational structure? with example
.................................................................................................................................... 85
Q67. How can we form culture in the organization in terms of formal hierarchy
relative importance of cost, time and quality; power structure; people
communication; degree of formalization; customs and traditions? with example .... 87
Q68. What Is Demographic Dividend? ........................................................................ 88
Q69. How Demographic dividend keep contribution on economy of a Country?? .... 88
Q70. In which situation Bangladesh Demographic dividend right now?? Are we in
right position? Explain it (Micro to macro Level) If we are not in right position? What
should we do for making it in correct position? ......................................................... 90
Q71. Difference between Human Resource & Human Capital? ................................. 95
Q72. Explain Revised Bloom taxonomy theory? ......................................................... 96
Q73. how human resource can be transferred into human capital? .......................... 97
Q1. Difference between Human resource and human capital with an example.
Human resource and human capital are both related to the people within an
organization, but they have different connotations and perspectives.
Human resource refers to the individuals employed by an organization and is
primarily focused on the administrative and operational aspects of managing
employees. It emphasizes the management of people as a resource to achieve
organizational goals. Human resource management involves tasks such as
recruitment, selection, training, performance evaluation, compensation, and
employee relations. It treats employees as a means to an end, with an
emphasis on their skills and abilities in relation to specific job roles.
On the other hand, human capital refers to the collective knowledge, skills,
experience, and capabilities of the individuals within an organization. It looks
at employees as valuable assets and emphasizes the investment in developing
and leveraging their potential for the long-term success of the organization.
Human capital management involves activities such as talent development,
knowledge sharing, continuous learning, and creating a supportive work
environment that encourages innovation and growth.
Here's an example to illustrate the difference:
Let's consider a software development company. The human resource
department of the company is responsible for recruiting software engineers,
conducting interviews, hiring, and handling administrative tasks such as payroll
and benefits. They focus on ensuring that the right people are hired for the
specific job roles and that they are effectively managed within the company.
On the other hand, human capital in the software development company
would encompass the collective skills, knowledge, and experience of the
software engineers. It includes their expertise in programming languages,
problem-solving abilities, creativity, and their ability to work collaboratively.
The company recognizes that this human capital is crucial for its success and
invests in ongoing training programs, mentorship opportunities, and a positive
work culture that fosters continuous learning and innovation. The focus is on
developing and nurturing the potential of the employees to enhance their skills
and contribute to the company's growth.
In summary, human resource management is concerned with the
administrative aspects of managing employees, while human capital
management focuses on developing and leveraging the skills, knowledge, and
potential of employees as valuable assets for the organization's long-term
success.
Q7. what does the future of work mean for the function of human resources?
The future of work poses both opportunities and challenges for the function of
human resources (HR). HR plays a crucial role in managing the workforce and
ensuring that organizations are equipped to navigate the changing landscape.
Here are some implications of the future of work for the HR function:
1. Talent Acquisition and Retention: As the job market evolves, HR needs
to adapt its talent acquisition strategies. It will involve identifying the skills and
competencies needed for emerging roles, leveraging technology for effective
sourcing and recruitment, and adopting innovative approaches to attract and
retain top talent in a competitive environment.
2. Skills Development and Learning: With the changing skill requirements,
HR will play a vital role in facilitating skills development and continuous
learning within the organization. This includes identifying skill gaps, designing
training programs, fostering a learning culture, and promoting upskilling and
reskilling initiatives to ensure that human capital remains adaptable and
relevant.
3. Embracing Technology: HR will need to leverage technology to
streamline and automate HR processes, such as payroll, benefits
administration, performance management, and employee engagement. It will
involve adopting HR technologies like human capital management systems, AI-
powered recruitment tools, and analytics platforms to improve efficiency and
make data-driven decisions.
4. Workplace Culture and Employee Experience: HR will play a critical role
in shaping and fostering a positive workplace culture that aligns with the values
of the organization. This includes developing strategies to promote employee
well-being, diversity and inclusion, work-life balance, and employee
engagement initiatives. HR will need to find innovative ways to enhance the
employee experience and ensure a healthy and productive work environment.
5. Flexible Work Arrangements: The future of work is expected to
continue embracing remote and flexible work arrangements. HR will need to
develop policies and practices that support and manage remote workers
effectively. This includes establishing clear communication channels,
implementing remote work guidelines, and ensuring that remote employees
feel connected and engaged with the organization.
6. Data-Driven HR Decisions: As HR becomes more data-driven, HR
professionals will need to enhance their analytical capabilities to make
informed decisions. They will need to leverage HR analytics and workforce data
to identify trends, predict future workforce needs, and develop strategies to
address talent gaps and optimize workforce performance.
7. Ethical and Legal Considerations: As the workforce becomes more
diverse and technology continues to advance, HR will need to navigate ethical
and legal considerations. This includes ensuring fair and unbiased recruitment
and selection processes, maintaining data privacy and security, and adhering
to labor laws and regulations related to remote work, contingent workers, and
employee rights.
Overall, the future of work will require HR to be proactive, agile, and strategic
in responding to the changing needs of the workforce. HR professionals will
need to embrace technology, data analytics, and a focus on talent development
to drive organizational success in the evolving work landscape.
Q8. How might human resource look and feel in the future?
In the future, the field of human resources (HR) is likely to undergo significant
transformations. Here are some potential ways HR might look and feel in the
future:
1. Strategic Business Partner: HR professionals will increasingly be seen as
strategic partners who contribute to organizational decision-making and long-
term planning. They will be involved in shaping business strategies, aligning HR
practices with organizational goals, and providing insights based on workforce
data and analytics.
2. Technology-Driven: HR will leverage advanced technologies and
automation to streamline HR processes, enhance efficiency, and improve the
employee experience. Artificial intelligence (AI), machine learning, and data
analytics will play a more significant role in talent acquisition, performance
management, learning and development, and employee engagement.
3. Employee-Centric Focus: HR will place a strong emphasis on the
employee experience. This includes creating personalized experiences,
fostering a positive work culture, and supporting employee well-being. HR will
actively seek employee feedback and use it to enhance HR policies, programs,
and practices to ensure employees are engaged, motivated, and empowered.
4. Agile and Adaptable: HR will need to be agile and adaptable to keep
pace with the changing world of work. They will continuously monitor and
respond to emerging trends, evolving workforce needs, and new employment
models. HR professionals will be proactive in identifying skill gaps, facilitating
reskilling and upskilling programs, and promoting a culture of continuous
learning.
5. Global and Diverse: As organizations expand their operations globally,
HR will need to manage a diverse workforce with varying cultural backgrounds,
skills, and perspectives. HR professionals will develop global HR strategies,
adapt HR policies to local regulations and cultural norms, and foster inclusivity
and diversity in the workplace.
6. Data-Driven Decision Making: HR will increasingly rely on data analytics
to drive decision-making processes. HR professionals will leverage workforce
data to gain insights into employee performance, engagement, and retention.
This data-driven approach will inform talent acquisition strategies, succession
planning, and the identification of high-potential employees.
7. Agile Workforce Management: HR will adapt to new workforce models,
including freelancers, gig workers, and remote workers. They will develop
strategies to effectively manage and engage these non-traditional workers,
including creating policies and practices that support flexible work
arrangements and maintain compliance with relevant labor laws.
8. Continuous HR Innovation: HR will embrace innovation and stay at the
forefront of emerging HR technologies, practices, and trends. HR professionals
will actively seek out opportunities to experiment with new tools and
approaches that enhance HR processes, improve employee experiences, and
drive organizational success.
It is important to note that these projections are speculative and based on
current trends and possibilities. The future of HR will be influenced by
numerous factors such as technological advancements, economic shifts, and
societal changes. Therefore, the actual evolution of HR may vary and present
additional opportunities and challenges not covered here.
Q10. what are the steps we need to take to improve our learning system in
bangladesh?
To improve the learning system in Bangladesh, several steps can be taken.
These steps involve various stakeholders, including the government,
educational institutions, teachers, parents, and students. Here are some key
steps:
1. Policy Reforms: The government should initiate policy reforms to
address the challenges in the education system. This includes reviewing and
updating the national curriculum, ensuring alignment with global standards,
and promoting skill-based education. The policies should focus on inclusivity,
quality assurance, and equitable access to education.
2. Quality Teacher Training: Enhance teacher training programs to
improve teaching quality. Provide comprehensive pre-service and in-service
training to teachers, focusing on modern teaching methodologies, subject
knowledge, classroom management, and student-centered learning
approaches. Support professional development opportunities for teachers to
continuously upgrade their skills.
3. Accessible Education: Ensure access to quality education for all
children, regardless of their socioeconomic background or geographical
location. Implement strategies to reduce school dropout rates, improve
attendance, and address gender disparities in education. Provide targeted
support for students from marginalized communities and children with
disabilities.
4. Infrastructure Development: Improve the infrastructure of educational
institutions, especially in rural areas. This includes constructing and renovating
school buildings, providing adequate facilities like classrooms, libraries,
laboratories, and access to clean water and sanitation. Enhance the availability
and accessibility of educational resources, including textbooks, learning
materials, and technology.
5. Technology Integration: Integrate technology into the learning process
to enhance engagement and improve access to educational resources. Provide
schools with necessary infrastructure and resources, such as computers,
internet connectivity, and educational software. Promote digital literacy among
teachers and students, enabling them to leverage technology for effective
learning.
6. Parent and Community Engagement: Encourage active involvement of
parents and the community in education. Establish platforms for regular
communication between schools and parents, organize parent-teacher
meetings and workshops, and involve community members in educational
activities. Foster partnerships between schools and community organizations
to create a supportive learning environment.
7. Assessments and Evaluation: Implement a balanced and
comprehensive assessment system that goes beyond traditional exams.
Include formative assessments, project-based assessments, and portfolios to
assess students' understanding, critical thinking, and practical skills. Use
assessments as tools for feedback and improvement, rather than solely for
ranking and competition.
8. Research and Development: Promote research and development in
education to inform evidence-based policies and practices. Encourage
educational institutions and researchers to conduct studies on teaching
methodologies, learning outcomes, and effective interventions. Disseminate
research findings and encourage collaboration between researchers and
practitioners to bridge the gap between theory and practice.
9. Adequate Funding: Allocate sufficient funding for the education sector,
ensuring it reaches all levels, from primary to tertiary education. Prioritize
education in national budgets and explore public-private partnerships to
mobilize resources. Ensure transparent and efficient management of funds,
with a focus on equitable distribution and monitoring of resource utilization.
10. Continuous Monitoring and Evaluation: Establish a robust monitoring
and evaluation system to track progress, identify challenges, and make data-
driven decisions. Regularly assess the quality of education, student learning
outcomes, and the effectiveness of policies and interventions. Use evaluation
findings to drive continuous improvement and accountability.
Implementing these steps requires collaborative efforts, strong leadership, and
a long-term commitment from all stakeholders. Continuous monitoring,
evaluation, and feedback mechanisms should be in place to assess the
effectiveness of these steps and make necessary adjustments for continuous
improvement.
Q12. are Bangladesh is in the right track in macro or micro level in terms of
Demographic dividends? if not what should we do?
While Bangladesh is currently experiencing a demographic dividend, there are
areas where further actions can be taken to maximize the benefits at both the
macro and micro levels. Here are some key considerations:
1. Education and Skill Development: Enhancing the quality of education
and focusing on skill development is crucial to equip the young population with
the necessary knowledge and competencies for employment. Strengthening
vocational and technical training programs, promoting entrepreneurship skills,
and aligning education with the needs of the job market can help ensure that
the demographic dividend translates into productive employment
opportunities.
2. Job Creation and Economic Opportunities: While Bangladesh has made
progress in job creation, there is a need to further expand employment
opportunities across sectors. Encouraging investment and creating a conducive
business environment can stimulate economic growth, attract industries, and
generate more jobs. Promoting entrepreneurship and supporting small and
medium enterprises can also play a significant role in providing employment
opportunities for the working-age population.
3. Social Safety Nets: Implementing effective social safety net programs
can provide support to vulnerable segments of the population and help
mitigate risks associated with unemployment and poverty. Well-designed
social protection programs can ensure that the benefits of the demographic
dividend are shared more equitably and provide a safety net during economic
transitions.
4. Health and Well-being: Prioritizing investments in healthcare
infrastructure and services is essential to ensure the health and well-being of
the population. Addressing healthcare disparities, improving access to quality
healthcare, and investing in preventive healthcare measures can contribute to
a healthier and more productive workforce, maximizing the potential of the
demographic dividend.
5. Financial Inclusion: Promoting financial inclusion and access to formal
financial services can help individuals and households save, invest, and build
assets. Access to credit, insurance, and other financial products can facilitate
entrepreneurial activities and economic empowerment, further leveraging the
benefits of the demographic dividend.
6. Women's Empowerment: Ensuring gender equality and empowering
women is crucial for maximizing the benefits of the demographic dividend.
Providing equal access to education, promoting women's participation in the
workforce, addressing gender-based discrimination, and improving women's
reproductive health and rights are essential steps to harness the full potential
of the working-age population.
7. Sustainable Development: Integrating sustainable development
practices and addressing environmental challenges can contribute to long-term
economic growth and the well-being of future generations. Promoting green
technologies, sustainable agriculture, and climate resilience can create
employment opportunities while ensuring the preservation of natural
resources.
To achieve these goals, collaboration between the government, private sector,
civil society, and international partners is vital. It requires targeted policies,
strategic investments, and continuous monitoring and evaluation to ensure
that the demographic dividend is effectively utilized and contributes to
inclusive and sustainable development in Bangladesh.
Q13. what consists the core of human resource in bangladesh with example?
The core of human resources in Bangladesh, as in any country, comprises the
fundamental elements and functions involved in managing the workforce. Here
are some key components of human resources in Bangladesh:
1. Recruitment and Selection: Human resource professionals in
Bangladesh are responsible for attracting, recruiting, and selecting qualified
candidates for various job positions. This involves designing job
advertisements, conducting interviews, assessing candidate qualifications, and
making hiring decisions. For example, HR may be involved in recruiting teachers
for a school or engineers for a construction company.
2. Training and Development: HR plays a vital role in ensuring that
employees in Bangladesh receive the necessary training and development
opportunities to enhance their skills and capabilities. This can include
organizing training programs, workshops, and seminars, as well as facilitating
on-the-job training and mentoring. For instance, HR may coordinate a
leadership development program for managers or provide technical training
for employees in a manufacturing company.
3. Compensation and Benefits: Human resources professionals in
Bangladesh are responsible for developing and administering fair
compensation and benefits packages for employees. This involves designing
salary structures, implementing employee benefits programs, managing
payroll, and ensuring compliance with labor laws and regulations. For example,
HR may determine the salary levels and benefits packages for different job
positions in a multinational corporation.
4. Performance Management: HR is involved in establishing performance
management systems and processes to evaluate employee performance,
provide feedback, and support professional growth. This includes setting
performance goals, conducting performance appraisals, and implementing
performance improvement plans. For instance, HR may facilitate the
performance review process for employees in a government agency.
5. Employee Relations: Human resources professionals in Bangladesh are
responsible for managing employee relations and ensuring a positive work
environment. This involves handling employee grievances, promoting
employee engagement and morale, and facilitating effective communication
between management and employees. For example, HR may address
employee concerns and conflicts within a telecommunications company.
6. Compliance and Legal Matters: HR professionals in Bangladesh play a
crucial role in ensuring compliance with labor laws and regulations. They are
responsible for staying updated on labor laws, maintaining employee records,
and managing legal matters related to employment contracts and termination
procedures. For instance, HR may handle the documentation and compliance
requirements during the hiring and termination process in a retail organization.
These core functions of human resources in Bangladesh contribute to the
effective management of the workforce, ensuring that organizations have the
right talent, skills development programs, fair compensation, a supportive
work environment, and compliance with legal requirements.
Q14. what are the unique attributes of human capital management with
example?
Human capital management (HCM) refers to the strategic approach
organizations take to manage and develop their workforce effectively. It
involves activities such as recruiting, onboarding, training, performance
management, and employee development. Here are some unique attributes of
human capital management:
1. Talent Acquisition: HCM focuses on attracting and selecting the right
talent for an organization. This includes creating job descriptions, conducting
interviews, and evaluating candidates to ensure they possess the required skills
and fit the organization's culture. For example, a company may use innovative
recruitment methods such as gamified assessments or video interviews to
identify top talent.
2. Employee Development: HCM emphasizes the continuous
development of employees' skills and knowledge. It includes training
programs, mentorship opportunities, and career development plans. For
instance, a software development company may offer coding boot camps,
internal hackathons, or tuition reimbursement programs to enhance
employees' technical expertise.
3. Performance Management: HCM places importance on effectively
evaluating and managing employee performance. It involves setting clear
performance goals, providing regular feedback, and conducting performance
appraisals. As an example, a sales-oriented organization might implement a
performance management system that includes metrics such as revenue
generated, customer satisfaction ratings, and individual sales targets.
4. Succession Planning: HCM focuses on identifying and nurturing future
leaders within an organization. It involves creating a succession plan to ensure
a smooth transition of key positions. For instance, a large corporation may
identify high-potential employees and provide them with leadership
development programs, mentoring, and exposure to different areas of the
business to groom them for higher-level roles.
5. Employee Engagement: HCM recognizes the significance of creating an
engaged and motivated workforce. It includes initiatives to boost employee
satisfaction, promote a positive work culture, and foster a sense of belonging.
For example, an organization might implement flexible work arrangements,
wellness programs, or social events to enhance employee engagement.
6. Data-Driven Insights: HCM utilizes data analytics to make informed
decisions and drive continuous improvement. It involves collecting and
analyzing HR-related data to identify trends, predict future needs, and optimize
HR processes. As an example, an organization may analyze employee turnover
data to identify patterns and implement retention strategies based on the
insights gained.
7. Workforce Planning: HCM involves strategic planning to align the
organization's workforce with its business objectives. It includes forecasting
future workforce needs, identifying skill gaps, and developing strategies to
address them. For instance, a company expanding into a new market might
engage in workforce planning to determine the number and type of employees
required to support the expansion.
These are just a few examples of the unique attributes of human capital
management. HCM is a comprehensive approach that recognizes the value of
people within an organization and aims to optimize their performance,
development, and overall contribution to the organization's success.
Q17. what are the barriers of effective human resource planning in bangladesh
with example.
Effective human resource planning in Bangladesh faces several barriers that
can hinder its success. Here are some examples of these barriers:
1. Limited Data and Information: Accurate and up-to-date data on labor
market trends, skills gaps, and workforce demographics is crucial for effective
human resource planning. However, in Bangladesh, there may be limited
availability of such data, making it challenging to make informed decisions. For
example, a company planning to expand its operations may struggle to find
reliable information on the availability of skilled workers in specific regions.
2. Rapidly Changing Economic Environment: Bangladesh has experienced
rapid economic growth in recent years, with sectors like textiles, garments, and
information technology booming. However, this dynamic environment makes
it difficult for human resource planners to anticipate future workforce needs
accurately. For instance, a company that plans to introduce a new technology
may struggle to predict the required skill sets and competencies of its future
workforce.
3. Education and Skills Gap: Although Bangladesh has made progress in
expanding access to education, there is still a significant gap between the skills
possessed by the workforce and the skills demanded by employers. This
mismatch can impede effective human resource planning. For example, a
multinational company looking to establish operations in Bangladesh may
struggle to find workers with the necessary technical skills and international
business expertise.
4. Limited Organizational Capacity: Some organizations in Bangladesh may
lack the capacity and expertise to conduct comprehensive human resource
planning. Small and medium-sized enterprises (SMEs), in particular, may not
have dedicated HR departments or the resources to invest in sophisticated
planning processes. As a result, they may struggle to align their workforce
strategies with their business goals.
5. Inadequate Workforce Diversity and Inclusion: Diversity and inclusion
are crucial for effective human resource planning, as they help tap into a wider
talent pool and foster innovation. However, in Bangladesh, there may be
challenges in achieving workforce diversity, particularly in traditionally male-
dominated industries. For example, the technology sector in Bangladesh may
face barriers in attracting and retaining female employees due to cultural
norms and societal expectations.
6. Government Policies and Regulations: Inconsistent or unclear
government policies and regulations can pose challenges for human resource
planning. For instance, changes in labor laws or immigration policies can
impact workforce availability and mobility, making it difficult for organizations
to plan their talent acquisition and retention strategies effectively.
Addressing these barriers requires a collaborative effort from various
stakeholders, including government bodies, educational institutions, industry
associations, and businesses. By improving data collection, promoting skills
development, fostering diversity and inclusion, and providing support for
organizational capacity building, Bangladesh can enhance its human resource
planning practices and better align its workforce with the needs of the evolving
economy.
Q19. Is Bangladesh really doing enough at the policy and macro level to turn its
youth into valuable resources?
As an AI language model, I don't have real-time information or the ability to
assess the current policies and macro-level initiatives in Bangladesh beyond my
knowledge cutoff in September 2021. However, I can provide you with some
general insights about the factors that contribute to turning youth into valuable
resources.
To harness the potential of youth as valuable resources, countries often focus
on several key areas:
1. Education and Skills Development: An effective education system that
provides quality education and equips young people with relevant skills is
crucial. It helps them acquire knowledge and competencies needed for the job
market, entrepreneurship, and overall personal growth.
2. Employment Opportunities: The creation of diverse employment
opportunities, both in the formal and informal sectors, is essential. This
involves fostering a favorable business environment, encouraging
entrepreneurship, promoting innovation, and ensuring access to decent work.
3. Youth Empowerment and Engagement: Empowering youth through
active engagement in decision-making processes, community involvement,
and leadership opportunities can help them develop a sense of ownership,
responsibility, and agency. It also enables them to contribute effectively to
society.
4. Social Protection and Well-being: Policies that address the social,
economic, and health needs of young people are crucial. Access to healthcare,
affordable housing, social safety nets, and protection against exploitation or
discrimination can contribute to their overall well-being.
5. Gender Equality and Inclusion: Ensuring equal opportunities and
eliminating gender-based discrimination is essential for utilizing the full
potential of youth. Inclusive policies that address the needs of marginalized
and disadvantaged groups, such as rural populations or individuals with
disabilities, are also important.
6. Youth Entrepreneurship and Innovation: Encouraging youth
entrepreneurship and innovation through supportive policies, access to
financing, mentorship programs, and networking opportunities can unleash
their creativity and drive economic growth.
To assess whether Bangladesh is doing enough at the policy and macro level to
turn its youth into valuable resources, you would need to consider the specific
initiatives, programs, and policies implemented by the government. It would
require an examination of current data, evaluations, and expert opinions to
draw an accurate assessment of the efforts being made in this regard.
Q20. do you think the decisions related to the employees in organizations are
integrated with the other business decisions? with example
Yes, decisions related to employees in organizations are often integrated with
other business decisions. The management of human resources plays a critical
role in the overall success of an organization. Here's an example to illustrate
this integration:
Let's consider a fictional company, XYZ Corp., which is planning to launch a new
product in the market. In this scenario, several business decisions need to be
made, and the integration with employee-related decisions becomes evident:
1. Workforce Planning: As part of the launch, XYZ Corp. needs to assess
the staffing requirements for different departments involved in the product
development, marketing, sales, and customer support. They must determine
the number of employees needed, their skills, and the recruitment process.
This decision directly influences the success of the product launch.
2. Training and Development: To ensure employees are equipped with the
necessary skills and knowledge for the new product, XYZ Corp. needs to plan
training programs. This could involve product-specific training, customer
service training, or sales techniques. Effective training ensures that employees
can effectively contribute to the product's success.
3. Compensation and Incentives: XYZ Corp. may design a compensation
and incentive structure aligned with the success of the product launch. This
could include performance-based bonuses, sales commissions, or recognition
programs. Properly designed compensation packages motivate employees to
work towards achieving business goals.
4. Communication and Employee Engagement: Open communication
channels and employee engagement initiatives are crucial during a product
launch. XYZ Corp. may organize regular meetings, provide updates, and
encourage feedback from employees. Engaged employees feel valued, which
enhances their commitment and productivity.
5. Performance Evaluation and Feedback: Continuous performance
evaluation and feedback mechanisms are important to monitor employee
progress. Regular evaluations help identify areas for improvement, provide
recognition for achievements, and address any performance issues. This
feedback loop enables adjustments and course corrections as needed.
6. Organizational Culture: The company's culture should align with the
goals and values associated with the new product launch. For example, if
innovation is a key aspect of the product, fostering a culture that encourages
creativity and risk-taking becomes crucial. The company's values and practices
influence employee behaviors and their ability to contribute to the product's
success.
These examples demonstrate how decisions related to employees, such as
workforce planning, training, compensation, communication, and
performance management, are tightly integrated with other business
decisions. A well-aligned and integrated approach ensures that employees are
effectively utilized and supported, leading to better business outcomes.
Q36. Why are so few companies proactively seeking to leverage their human
capital? with example
Example:
Let's consider an example of a technology company, XYZ Tech, to illustrate
these reasons.
1. Lack of recognition: XYZ Tech may view its employees solely as a means
to an end, treating them as replaceable resources rather than recognizing their
unique skills, knowledge, and potential. They may not fully understand the
value that human capital brings to the organization, such as innovation,
creativity, and customer relationships. As a result, they may not proactively
seek to leverage and develop their employees' full potential.
2. Disconnect between vision and execution: The CEO and senior
managers at XYZ Tech may have a vision of becoming a market leader by
fostering a culture of innovation and attracting top talent. However, there
might be a disconnect between this vision and the actual implementation of
strategies to achieve it. They may not invest in training and development
programs, fail to establish clear career paths, or overlook the importance of
employee engagement and retention. This lack of a systematic and synergistic
commitment hampers their ability to effectively leverage their human capital.
3. Management resource limitations: XYZ Tech may lack the necessary
management resources and expertise to effectively tackle human capital
challenges. They might have capable technical managers but lack the necessary
skills in people management, talent acquisition, performance management,
and succession planning. Without proper management resources, it becomes
difficult to proactively leverage human capital, as these aspects are crucial for
attracting, developing, and retaining talented employees.
Overall, these three reasons - lack of recognition, a disconnect between vision
and execution, and management resource limitations - can hinder companies
like XYZ Tech from proactively seeking to leverage their human capital.
Addressing these issues requires a shift in mindset, strategic alignment, and
investment in developing the necessary management capabilities
Q37. Why are so few companies proactively seeking to leverage their human
capital? So, what to do for us to make it okay?
To address the challenges and encourage companies to proactively leverage
their human capital, several actions can be taken:
1. Educate companies: Companies need to be educated about the value
and potential of human capital. This includes recognizing that employees are
not just commodities but valuable assets that contribute to the success of the
organization. Case studies and success stories highlighting the benefits of
effective human capital management can be shared to raise awareness.
2. Align human capital strategies with business goals: There should be a
clear understanding and alignment between CEOs, senior managers, and the
HR department regarding the strategic objectives and goals of the organization.
Human capital strategies should be developed to support and enhance these
goals, ensuring a systematic and synergistic approach.
3. Invest in human capital: Companies need to invest in their employees'
development and well-being. This includes providing training and development
programs, creating a positive work environment, promoting work-life balance,
and offering competitive compensation and benefits. Investments in
technology and tools that improve productivity and collaboration can also
enhance human capital effectiveness.
4. Foster a culture of continuous learning: Encouraging a culture of
learning and innovation within the organization can help leverage human
capital effectively. This can be done by providing opportunities for employees
to acquire new skills, supporting knowledge sharing and collaboration, and
recognizing and rewarding employees' efforts and contributions.
5. Develop strong leadership and management capabilities: Companies
should prioritize developing strong leadership and management skills at all
levels. Effective managers can understand and address the challenges related
to human capital, provide guidance and support to employees, and create an
environment that fosters productivity, engagement, and growth.
6. Measure and track human capital performance: Implementing metrics
and systems to measure and track the performance of human capital initiatives
is crucial. This allows companies to assess the impact of their efforts, identify
areas for improvement, and make data-driven decisions to optimize human
capital management.
Overall, a proactive approach to leveraging human capital requires a shift in
mindset, alignment of strategies, investment in employees, and a culture that
values and supports the growth and development of the workforce.
Q41. what is culture and core values. explain difference between companys
culture and core values with example
Culture and core values are both important aspects of an organization, but they
serve different purposes. Here's an explanation of culture and core values,
along with the difference between a company's culture and its core values,
using an example:
Culture:
Culture refers to the shared beliefs, values, norms, behaviors, and practices
that characterize an organization. It is the collective mindset and way of doing
things within the company. Culture influences how employees interact, make
decisions, and approach their work. It sets the tone for the working
environment and shapes the organization's identity. Culture is often described
as the "personality" of the organization.
Core Values:
Core values are the fundamental principles and beliefs that guide the actions
and decisions of an organization. They are the foundation upon which the
company's culture is built. Core values represent what the organization stands
for and the principles it upholds. They define the company's ethical standards,
expectations, and desired behaviors. Core values serve as guiding principles for
employees in their day-to-day interactions and decision-making processes.
Difference between Company Culture and Core Values:
The main difference between a company's culture and its core values lies in
their focus and scope. While culture encompasses the overall environment,
mindset, and way of doing things within the organization, core values
specifically highlight the fundamental principles and beliefs that guide the
organization's actions.
Example:
Company: Apple Inc.
Culture: Apple has a strong culture of innovation, creativity, and attention to
detail. It is known for its commitment to design excellence and delivering
exceptional user experiences. Apple's culture fosters a sense of passion and
dedication among employees and encourages out-of-the-box thinking.
Core Values: Apple's core values include customer focus, simplicity, innovation,
and excellence. These values are deeply ingrained in the organization and guide
its actions. Customer focus means putting the needs and preferences of the
customers first. Simplicity reflects the company's commitment to creating user-
friendly and intuitive products. Innovation emphasizes Apple's drive to push
boundaries and introduce groundbreaking technologies. Excellence represents
Apple's pursuit of the highest standards in all aspects of its operations.
In this example, Apple's culture reflects its emphasis on innovation and
attention to detail, while its core values, such as customer focus and excellence,
provide the guiding principles that shape the company's actions and decision-
making processes. The culture of innovation and attention to detail aligns with
the core values of excellence and simplicity, creating a cohesive and distinct
organizational identity for Apple.
Q42. who are generation Z of bangladesh? how to make generation z of
bangladesh into a human capital. with example
Generation Z refers to the demographic cohort that follows the Millennials and
is typically born between the late 1990s and early 2010s. While there is no
strict consensus on the exact years that define Generation Z, it generally
represents the younger population in a particular country or region.
To transform Generation Z individuals in Bangladesh into human capital,
several strategies can be considered:
Education and Skill Development: Focus on providing quality education and
skill development opportunities to equip Generation Z with the necessary
knowledge and competencies for the evolving job market. This includes
promoting STEM (Science, Technology, Engineering, and Mathematics)
education, digital literacy, critical thinking, problem-solving, and
communication skills.
Entrepreneurship and Innovation: Encourage entrepreneurial mindsets among
Generation Z individuals by fostering a culture that values innovation,
creativity, and risk-taking. Provide resources and support for young
entrepreneurs to develop and launch their startups, creating an environment
that promotes entrepreneurship and harnesses the potential of Generation Z's
ideas and initiatives.
Mentoring and Guidance: Establish mentoring programs that connect
experienced professionals with Generation Z individuals. These mentors can
provide guidance, share insights, and offer career advice, helping young people
make informed decisions and navigate their career paths effectively.
Internship and Work Experience: Offer internships and work experience
opportunities to Generation Z individuals, allowing them to gain practical
exposure and develop relevant skills in their desired fields. Collaborate with
organizations to create internship programs and apprenticeships that provide
hands-on learning experiences and bridge the gap between education and
employment.
Embrace Technology: Generation Z is often referred to as digital natives due to
their familiarity and comfort with technology. Capitalize on this by embracing
technological advancements and integrating digital tools and platforms into
educational and professional settings. Leverage online learning platforms,
virtual collaboration tools, and remote work opportunities to empower
Generation Z and enhance their productivity.
Example:
Let's consider the case of a nonprofit organization in Bangladesh that aims to
develop Generation Z into human capital by focusing on skill development and
entrepreneurship.
The organization partners with educational institutions and industry experts to
design and deliver comprehensive skill development programs that align with
the demands of the job market. These programs focus on critical skills such as
coding, digital marketing, project management, and communication skills.
Additionally, the organization establishes an entrepreneurship incubator that
provides resources, mentorship, and financial support to young entrepreneurs
from Generation Z. This initiative encourages them to explore their business
ideas, develop viable startups, and contribute to economic growth.
Through collaborations with companies, the organization facilitates internship
opportunities where Generation Z individuals can gain practical work
experience and refine their skills. The organization also organizes career fairs
and networking events to connect Generation Z with potential employers and
foster professional relationships.
By combining education, skill development, entrepreneurship support, and
practical work experiences, this organization is empowering Generation Z
individuals in Bangladesh to become a valuable human capital, capable of
driving innovation, economic growth, and societal development.
Q43. what type of mission, vision, culture and core value needed for a ideal
company with example
An ideal company should have a well-defined mission, vision, culture, and core
values that align with its purpose and guide its actions. Here's an example of
what these components could look like for an ideal company:
Mission: The mission of the company should reflect its fundamental purpose
and what it aims to achieve. For example:
"To empower individuals and communities through sustainable and innovative
solutions, making a positive impact on the world."
This mission statement conveys the company's commitment to creating
solutions that have a sustainable and positive impact on individuals and
communities.
Vision: The vision statement outlines the desired future state that the company
aspires to achieve. It should inspire and provide a sense of direction. For
example:
"To be a global leader in sustainable innovation, driving positive change and
improving lives worldwide."
This vision statement reflects the company's ambition to become a leader in
sustainable innovation and highlights its dedication to making a global impact.
Culture: An ideal company's culture should foster a positive and inclusive
working environment that encourages collaboration, growth, and innovation.
For example:
Collaboration and teamwork: Encouraging cross-functional collaboration and
teamwork to leverage diverse perspectives and drive collective success.
Continuous learning and development: Promoting a culture of continuous
learning, personal growth, and professional development for employees at all
levels.
Innovation and creativity: Encouraging employees to think creatively, embrace
innovation, and explore new ideas to solve challenges.
Respect and inclusivity: Cultivating a culture that values and respects diversity,
fosters inclusivity, and ensures equal opportunities for all.
Core Values: Core values are the fundamental principles and beliefs that guide
the company's behavior and decision-making. Here are some examples of core
values for an ideal company:
Integrity: Upholding the highest ethical standards, being transparent, and
demonstrating integrity in all interactions.
Customer-centricity: Putting customers at the forefront, delivering exceptional
experiences, and exceeding customer expectations.
Sustainability: Operating in an environmentally responsible manner,
prioritizing sustainability in products, processes, and business practices.
Excellence: Striving for excellence in everything the company does, setting high
standards, and continuously improving.
These core values reflect the company's commitment to ethical behavior,
customer focus, sustainability, and a pursuit of excellence.
By embodying a mission, vision, culture, and core values aligned with positive
impact, innovation, inclusivity, and high ethical standards, an ideal company
can create an environment that attracts and retains top talent, fosters
employee engagement, and contributes to a sustainable and successful
business.
Q44. Why human capital initiative is called performance wheel in terms of
process and policies, talent utilization, organizational development, recognition
rewards and remuneration, communication, organizational structure? with
example
The term "performance wheel" is used to describe a holistic approach to
human capital initiatives because it represents a continuous cycle or process
that drives performance and effectiveness within an organization. Each
component of the performance wheel contributes to enhancing human capital
and organizational success. Let's explore how each element relates to the
performance wheel with examples:
Process and Policies: Establishing effective processes and policies ensures
consistency and fairness in managing human capital. This includes defining
performance management systems, setting clear expectations, and
implementing fair HR policies. For example, a company may have a structured
performance review process that includes goal-setting, regular feedback, and
performance evaluation to drive employee development and accountability.
Talent Utilization: Maximizing the utilization of talent involves aligning
employees' skills and capabilities with organizational needs. This includes
talent acquisition, development, and deployment strategies. For example, a
technology company may have a talent management program that identifies
high-potential employees, provides targeted training and development
opportunities, and strategically assigns them to key projects or roles where
their skills can be leveraged effectively.
Organizational Development: Investing in organizational development
initiatives ensures that the company has the necessary capabilities and
resources to adapt and thrive. This includes initiatives such as leadership
development programs, succession planning, and organizational culture
initiatives. For example, a manufacturing company may implement a
leadership development program to groom future leaders and promote a
culture of continuous learning and growth.
Recognition, Rewards, and Remuneration: Recognizing and rewarding
employees for their contributions and providing competitive compensation are
essential for motivating and retaining top talent. This includes performance-
based rewards, recognition programs, and fair compensation practices. For
example, a sales organization may implement a sales incentive program that
rewards high-performing employees with monetary bonuses or other
incentives based on their sales achievements.
Communication: Effective communication fosters engagement, alignment, and
collaboration among employees. It includes transparent and regular
communication channels, feedback mechanisms, and open dialogue. For
example, a company may hold regular town hall meetings, utilize digital
communication platforms, and encourage two-way communication to ensure
employees feel informed and have opportunities to voice their opinions and
concerns.
Organizational Structure: The organizational structure defines the hierarchy,
reporting lines, and division of responsibilities within the company. It should
support effective communication, collaboration, and decision-making. For
example, a company may adopt a flat organizational structure that encourages
collaboration, quick decision-making, and empowerment of employees,
promoting a culture of innovation and agility.
By integrating these components into the performance wheel, organizations
can create a comprehensive and interconnected approach to managing human
capital. This approach ensures that processes, policies, talent utilization,
organizational development, recognition and rewards, communication, and
organizational structure work together to enhance performance, engagement,
and success within the organization.
Q46. what are the challenges we face in our learning sytem in bangladesh with
example
Bangladesh faces several challenges in its learning system. Here are some
examples of the key challenges:
Access to Quality Education: Access to quality education remains a significant
challenge in Bangladesh, especially in rural and marginalized areas. Limited
infrastructure, lack of qualified teachers, and inadequate resources hinder the
delivery of quality education to all segments of society. For instance, remote
villages may lack proper school facilities and qualified teachers, resulting in
unequal access to education.
Gender Disparity: Gender disparity is a persistent challenge in the learning
system of Bangladesh. Girls often face barriers to education, including social
norms, early marriage, and limited opportunities. Although progress has been
made, achieving gender equality in education remains a challenge, particularly
in remote areas and among disadvantaged communities.
Outdated Curriculum and Teaching Methods: The curriculum and teaching
methods in Bangladesh's learning system often focus on rote memorization
and traditional teaching approaches. There is a need to modernize the
curriculum, emphasize critical thinking, problem-solving skills, and promote
student-centered learning. Innovative teaching methods and the integration of
technology need to be encouraged to enhance the learning experience.
Assessment and Examination Systems: The examination-centric culture places
significant pressure on students, leading to a rote learning approach and
limited emphasis on conceptual understanding. There is a need to reform
assessment and examination systems to focus on holistic evaluation, practical
application of knowledge, and critical thinking abilities.
Teacher Quality and Professional Development: Ensuring a high quality of
teaching is crucial for effective learning outcomes. However, there is a shortage
of qualified and motivated teachers in Bangladesh. Inadequate teacher
training, professional development opportunities, and low salaries pose
challenges to attracting and retaining skilled educators. Improving teacher
training programs and providing ongoing professional development can
enhance the quality of education.
Technological Infrastructure and Digital Divide: Limited access to technology
and inadequate technological infrastructure pose challenges to digital learning
initiatives, particularly in rural areas. The digital divide, including unequal
access to devices and the internet, hinders the implementation of effective e-
learning solutions and prevents equitable access to educational resources.
Addressing these challenges requires a comprehensive approach involving
policy reforms, increased investment in education, teacher training and
professional development, curriculum reforms, and efforts to bridge the digital
divide. By addressing these challenges, Bangladesh can create a more inclusive
and effective learning system that equips its students with the skills and
knowledge needed for their personal and professional growth.
Q49. 10 reasons for finland schools systems are better. With example
1. Free education
2. No standard testing system
3. Mini age for beginning elementary school is 7
4. Teachers face a standard
5. Focus on fostering collaboration instead of competition
6. High stats of teachers in the score 7
7. No competition between finland schools
8. Emphasis on foundational bases
9. 9 years of compulsory school
10. Better alternatives to same all degree
Here are 10 reasons why Finland's school system is often regarded as better:
Free Education: Finland provides free education at all levels, including pre-
primary, primary, secondary, and higher education, ensuring equal access to
quality education for all students.
No Standard Testing System: Finland does not emphasize standardized testing.
Instead, it focuses on holistic assessment methods, such as project-based
assessments and teacher evaluations, which allow for a more comprehensive
understanding of students' abilities and progress.
Example: In Finland, students are assessed based on their overall performance,
classroom participation, and teacher evaluations rather than relying heavily on
standardized tests. This approach reduces the stress associated with high-
stakes testing and promotes a more relaxed learning environment.
Minimum Age for Beginning Elementary School is 7: Finland recognizes the
importance of play and early childhood development. Children start formal
education at the age of 7, allowing them to have a solid foundation in social
and emotional skills before beginning academics.
Teachers Face a High Standard: Teaching in Finland is a highly respected
profession, and teachers undergo rigorous training and education. They are
required to hold a master's degree in education and are well-prepared to
deliver quality instruction.
Example: Finland's teaching profession is highly competitive, with only the top
candidates being selected for teacher education programs. This ensures that
students receive instruction from highly qualified and dedicated educators.
Focus on Fostering Collaboration Instead of Competition: Finland promotes a
collaborative learning environment rather than a competitive one. Students
are encouraged to work together, share knowledge, and support each other's
learning, fostering a sense of community and teamwork.
High Status of Teachers in Society: Teachers in Finland are highly valued and
respected. They enjoy a high level of professional autonomy, which allows
them to make decisions based on their expertise and the needs of their
students.
Example: In Finland, teachers are trusted to design their curriculum and
teaching methods. This autonomy empowers them to cater to the unique
needs of their students and create a more personalized learning experience.
No Competition Between Finland Schools: Schools in Finland do not compete
with each other for rankings or funding. Instead, the focus is on collaboration
and sharing best practices, ensuring that all schools have access to resources
and support.
Emphasis on Foundational Bases: The Finnish education system places a strong
emphasis on building a solid foundation in core subjects such as mathematics,
science, and language skills, providing students with a strong academic base.
Nine Years of Compulsory School: In Finland, students are required to attend
school for nine years, ensuring a longer period of education and giving them
ample time to develop their knowledge and skills.
Better Alternatives to Traditional Degrees: Finland offers a range of educational
alternatives beyond traditional degrees, such as vocational education and
apprenticeships, which provide practical skills and pathways to employment.
Example: Vocational education and apprenticeships in Finland are highly
regarded and offer students valuable hands-on training, ensuring they are well-
prepared for the workforce and have opportunities for successful careers.
These factors, among others, contribute to Finland's reputation for having a
successful and effective school system. It prioritizes the well-being and holistic
development of students, highly values teachers, and focuses on collaborative
learning and individualized instruction.
Q50. World bank HCI, Five indicators
1. Child survival
2. School enrollment
3. Quality of learning
4. Health growth
5. Adult survival
Here WB consists of the knowledge, skills and health that people accumulate
throughout their lives enabling them to realize their potential as productive
members of society.
Q54. how do you select your employee? who to be layoff or whom to retain?
with example
As an AI language model, I don't have the ability to hire or lay off employees.
However, I can provide you with a general overview of the employee selection
process and considerations for determining layoff or retention decisions.
Employee Selection:
Job Analysis and Job Description: Clearly define the requirements,
responsibilities, and qualifications for the role through a job analysis and create
a comprehensive job description.
Recruitment and Screening: Advertise the job opening, collect resumes or
applications, and screen candidates based on their qualifications, skills,
experience, and alignment with the job requirements.
Interviews and Assessments: Conduct interviews to assess candidates' fit for
the role and organization. Use various assessment methods such as skills tests,
behavioral assessments, and reference checks to gather additional information
about their capabilities and suitability.
Selection Decision: Evaluate the information gathered during the recruitment
and assessment process to make an informed selection decision. Consider
factors such as skills, qualifications, experience, cultural fit, and potential for
growth.
Layoff and Retention Decisions:
Determining layoff or retention decisions is a complex process that
organizations undertake during challenging times or restructuring initiatives.
The specific factors considered may vary based on legal requirements,
company policies, and the organization's financial situation. Here are some
general considerations:
Performance and Skillset: Assess the performance, skills, and competencies of
employees to determine their contribution to the organization. Consider their
ability to meet job requirements, achieve targets, and adapt to changing
business needs.
Business Needs: Evaluate the roles and positions that are most critical to the
organization's operations and long-term success. Consider which positions are
essential for achieving business objectives and maintaining competitiveness.
Seniority and Experience: Consider the seniority and experience of employees
within the organization. This may involve assessing the value of long-tenured
employees' institutional knowledge and expertise.
Performance Evaluation: Review performance evaluations and feedback to
identify employees who consistently demonstrate high performance, show
potential for growth, and contribute significantly to the organization's success.
Skills and Knowledge Alignment: Assess whether employees possess
specialized skills or knowledge that are crucial for the organization's current
and future needs. Consider the strategic importance of those skills and
whether they can be acquired through training or hiring.
Example: During a period of financial difficulty, an organization may need to
make layoffs to reduce costs. In this scenario, they may evaluate factors such
as job performance, skills relevancy, and business needs. They might prioritize
retaining employees who have demonstrated consistent high performance,
possess critical skills that are in demand, or have the potential to contribute to
the organization's recovery and growth.
It's important to note that specific selection and layoff decisions should comply
with legal and ethical considerations and adhere to company policies.
Organizations should communicate transparently with affected employees,
provide support resources, and ensure fairness throughout the process.
Q57. what are the difference between bangladesh and finland learning
education system?
The education systems in Bangladesh and Finland have significant differences
in various aspects. Here are some key differences between the two systems:
Approach to Education: In Bangladesh, the education system tends to be more
traditional, emphasizing rote memorization and exam-oriented learning. In
contrast, Finland's education system focuses on holistic and student-centered
learning, promoting critical thinking, creativity, and problem-solving skills.
Teaching Methods: In Bangladesh, teaching methods are often teacher-
centered, with a strong emphasis on lecturing and note-taking. Finland, on the
other hand, promotes student-centered teaching methods, encouraging
collaboration, active participation, and hands-on learning experiences.
Standardized Testing: Standardized testing plays a significant role in the
education system of Bangladesh, with a heavy reliance on exams and high-
stakes assessments. In Finland, there is a minimal emphasis on standardized
testing, with more focus on continuous assessment, teacher evaluations, and
comprehensive understanding of students' abilities.
Teacher Training and Qualifications: In Bangladesh, the requirements for
becoming a teacher vary, and there may be a shortage of qualified teachers in
some areas. Finland has a highly selective and rigorous teacher training system,
with teachers typically holding advanced degrees and receiving extensive
training in pedagogy and subject matter expertise.
School Starting Age and Structure: In Bangladesh, children typically start formal
schooling at a younger age, usually around five or six years old. In Finland, the
minimum age for beginning elementary school is seven, with a greater
emphasis on play-based learning and early childhood development before
formal academics.
Curriculum and Content: The curriculum in Bangladesh is largely determined
by centralized boards and focuses on core subjects such as mathematics,
science, and language. Finland's curriculum provides a broader education that
includes a range of subjects, including arts, physical education, and practical
skills.
Education Funding: In Bangladesh, public education is primarily funded by the
government, and private schools also exist. Finland has a publicly funded
education system that ensures equal access to education for all students,
regardless of socioeconomic background, and there is a strong emphasis on
equitable education.
Educational Outcomes: Finland consistently ranks high in international
education rankings, such as the Programme for International Student
Assessment (PISA), reflecting its strong educational outcomes. Bangladesh,
while making progress in improving access to education, still faces challenges
in achieving comparable outcomes.
It's important to note that these differences are generalizations and may vary
within different schools and regions within each country. Both Bangladesh and
Finland continue to make efforts to improve their education systems based on
their specific needs and contexts.
Q64. what type of mission, vision, core value and culture is need to develop
generation z?with example
To develop Generation Z and align their values and aspirations, consider the
following elements of mission, vision, core values, and culture:
Mission: Craft a mission statement that resonates with Generation Z's desire
for purpose and social impact. A mission that focuses on making a positive
difference in society and addressing global challenges can inspire and attract
Generation Z. For example, a mission statement could be: "To create innovative
solutions that drive positive social change and empower the next generation
to thrive in a sustainable world."
Vision: Develop a compelling vision that reflects Generation Z's aspirations for
personal growth, continuous learning, and advancement opportunities.
Emphasize a future-oriented outlook that aligns with their desire for career
progression and development. For example, a vision statement could be: "To
be the leading organization that provides a platform for Generation Z to
unleash their potential, learn, and grow while making a meaningful impact on
the world."
Core Values: Generation Z values authenticity, diversity, and inclusivity.
Incorporate these values into your organization's core values. Focus on
fostering an inclusive and diverse culture where individuals feel respected and
valued for their unique perspectives and experiences. For example, core values
could include: "Authenticity: Embrace individuality and encourage open and
honest communication" and "Inclusivity: Embrace diversity and create a safe
and inclusive environment that welcomes all backgrounds and ideas."
Culture: Develop a culture that promotes collaboration, innovation, and work-
life balance. Generation Z values teamwork, flexibility, and a healthy
integration of work and personal life. Encourage a culture of continuous
learning and provide opportunities for employees to contribute their ideas and
perspectives. Foster a supportive work environment where well-being and
personal growth are prioritized. For example, implement flexible work
arrangements, provide opportunities for skill development and autonomy, and
create spaces for collaboration and social connection.
Additionally, consider leveraging technology and digital platforms that
resonate with Generation Z's digital fluency and preference for online
communication and collaboration. Encouraging open communication
channels, such as online forums or digital feedback mechanisms, can further
enhance their engagement and participation.
Remember, these examples are general guidelines, and it's important to
customize your mission, vision, core values, and culture to align specifically
with the needs, values, and aspirations of Generation Z in your particular
organization and context. Conducting surveys, focus groups, or interviews with
Generation Z employees can provide valuable insights to inform and shape
these elements accordingly.
Q66. How leadership plays in the human capital management wheel in terms of
process and policies, talent utilization, organizational development, recognition
rewards and remuneration, communication, organizational structure? with
example
Leadership plays a crucial role in human capital management across various
aspects of process and policies, talent utilization, organizational development,
recognition rewards and remuneration, communication, and organizational
structure. Here's how leadership contributes to each of these areas:
Process and Policies: Leaders define and shape the processes and policies that
govern human capital management. They establish guidelines, standards, and
procedures to ensure fair and effective practices in recruitment, performance
management, training and development, and employee relations. Leaders set
the tone for a culture of compliance and ethical behavior by consistently
reinforcing these processes and policies.
For example, a leader can implement a transparent and merit-based
recruitment process that ensures equal opportunities for all candidates and
aligns with the organization's values and diversity objectives.
Talent Utilization: Effective leadership involves identifying and harnessing the
skills and potential of employees to maximize their contributions. Leaders
assess individual strengths, assign responsibilities accordingly, and provide the
necessary resources and support for employees to excel. They create an
environment that promotes innovation, creativity, and collaboration, allowing
employees to unleash their full potential.
An example would be a leader who identifies the unique analytical and
problem-solving skills of an employee and assigns them to lead a strategic
project that requires those particular abilities.
Organizational Development: Leaders drive organizational development
initiatives that foster growth and adaptability. They promote a learning culture
and encourage employees to embrace continuous development. Leaders
facilitate training programs, mentorship opportunities, and knowledge-sharing
platforms to enhance the skills and competencies of employees. They also
guide change management efforts to ensure smooth transitions during periods
of organizational transformation.
For instance, a leader can initiate a leadership development program that
provides coaching, training, and mentoring to employees to prepare them for
future leadership roles within the organization.
Recognition, Rewards, and Remuneration: Leaders play a crucial role in
recognizing and rewarding employee achievements and performance. They
establish fair and effective systems for evaluating and acknowledging
contributions. Leaders ensure that recognition and rewards are aligned with
organizational goals and values, motivating employees to excel.
An example of leadership in this area is a leader who implements a
performance-based bonus structure that recognizes and rewards exceptional
individual or team achievements, fostering a sense of motivation and
appreciation.
Communication: Effective leadership entails clear and transparent
communication across all levels of the organization. Leaders establish open
channels for two-way communication, encouraging employees to share their
ideas, concerns, and feedback. They provide regular updates on organizational
goals, changes, and progress, ensuring alignment and clarity.
For example, a leader can conduct regular town hall meetings or implement a
digital platform for employee feedback and suggestions, enabling transparent
communication and fostering a culture of open dialogue.
Organizational Structure: Leaders play a pivotal role in designing and evolving
the organizational structure to support effective human capital management.
They establish reporting relationships, define roles and responsibilities, and
determine the optimal span of control. Leaders create a structure that
facilitates collaboration, innovation, and efficient decision-making.
An example would be a leader who introduces a flatter organizational
structure, empowering employees with more autonomy and promoting cross-
functional collaboration, enhancing human capital management.
Overall, leadership acts as a guiding force in human capital management,
shaping processes, developing talent, promoting organizational growth,
recognizing contributions, facilitating communication, and designing effective
structures. By providing strategic direction, support, and inspiration, leaders
create an environment where employees can thrive, leading to organizational
success.
Q67. How can we form culture in the organization in terms of formal hierarchy
relative importance of cost, time and quality; power structure; people
communication; degree of formalization; customs and traditions? with example
Forming a culture within an organization involves various factors such as formal
hierarchy, the relative importance of cost, time, and quality, power structure,
people communication, degree of formalization, and customs and traditions.
Here's how each of these elements contributes to shaping the organizational
culture:
Formal Hierarchy: The formal hierarchy within an organization determines the
chain of command and reporting relationships. It influences decision-making
processes, authority distribution, and communication flow. The hierarchy can
contribute to the culture by defining how power and responsibilities are
distributed and how employees interact with each other.
For example, an organization with a strong formal hierarchy may have a culture
that values adherence to rules and procedures, respects authority, and places
a high importance on maintaining a structured and organized work
environment.
Relative Importance of Cost, Time, and Quality: Organizations often prioritize
cost, time, and quality differently based on their industry, goals, and values.
The relative importance placed on these factors shapes the culture and the way
employees prioritize their work and decision-making.
For instance, an organization that places a high emphasis on quality may have
a culture that values attention to detail, continuous improvement, and a strong
commitment to delivering products or services of the highest standard.
Power Structure: The power structure within an organization determines how
authority and decision-making are distributed. It influences how employees
perceive and exercise power, as well as the level of autonomy and involvement
they have in decision-making processes.
For example, an organization with a decentralized power structure may foster
a culture of empowerment and autonomy, encouraging employees to take
initiative and contribute their ideas.
People Communication: The way people communicate within an organization
greatly impacts its culture. The frequency, style, and channels of
communication shape the level of transparency, collaboration, and trust
among employees.
For example, an organization that promotes open and transparent
communication through regular team meetings, feedback sessions, and
accessible communication channels may foster a culture that values
collaboration, idea sharing, and innovation.
Degree of Formalization: Formalization refers to the extent to which rules,
procedures, and policies are established within an organization. The level of
formalization impacts the degree of flexibility, creativity, and autonomy
employees have in their work.
For example, an organization with high formalization may have a culture that
values consistency, adherence to established processes, and structured work
environments. In contrast, an organization with low formalization may foster a
culture that encourages flexibility, adaptability, and entrepreneurial spirit.
Customs and Traditions: Customs and traditions represent the shared beliefs,
behaviors, and practices that have developed within an organization over time.
They contribute to the organization's culture by shaping its values, rituals, and
norms.
For example, an organization may have a tradition of celebrating milestones
and achievements with company-wide events, fostering a culture of
recognition, celebration, and camaraderie.
It's important to note that these factors interact with each other and may vary
across different organizations and industries. Organizational culture is a
complex and dynamic concept that evolves over time through the interactions
and collective experiences of its members.
1. Most of the Bangladeshi organizations tend to recruit people in higher position from
outside. They do not tend to develop their own Employees for further positions. It
costs the organization lot of money to hire people in higher positions and employees
get frustrated and demotivated, as they do not have opportunity to grow.
4. In most of the local organizations often it is not clear that whose decision is final for
recruiting people.
5. A common tendency seen in the organization, they do not want to pay their regular
employees or worker higher salaries. When they leave job they recruit people with
same or less scale by paying higher salaries and the recruitment cost is high.
Internal factors lie within the organization and affect human resource management
practices. In an organization, human resource management works within the overall
perspective provided by the organization. Some of the internal factors existing in local
organizations hinders them from attracting the best talents amongst young
generation.
Wage and salary policies: If the salary structure for the position to be hired is less than
standard then it will not attract the best talents. For example, salary and other benefit
in Hatil factories are lower than Garments factories. That is why they do not attract
many young people with talent.
Turnover rates: If turnover rate is high in an organization, it will have a negative impact
on the job market. Nobody will be attracted to this company for a job. There is rumor
in the job market that PRAN-RFL recruits a lot of people and turnover rate high.
Therefore, it does not attract people with best talents.
Risk factor: If a job is risky in nature then it will not attract that much people even if
the pay is high. For example, it is hard to find people with good generator maintenance
skill. This job is risky enough to not attract best talents.
Size of the Organization: Bigger organizations attract more young people than small
organizations. That is because these organizations are thought to have better stability.
If there are two job offers, one From Square Bangladesh and another from some new
company, young talents will always go for square job offer.
Question: Discuss why we need to conduct Job Analysis as a foundation for the HR
function. Explain the 5 Core Characteristics of Job Design with relevant examples.
Answer: Job Analysis The process of obtaining information about jobs by determining
what the duties, tasks, or activities of jobs are. HR managers use the data to develop
job descriptions and job specifications that are the basis for recruitment, training,
employee performance appraisal and career development. The ultimate purpose of
job analysis is to improve organizational performance and productivity.
1. Recruitment and Selection: Job Analysis helps in determining what kind of person
is required to perform a particular job. It points out the educational qualifications,
level of experience and technical, physical, emotional and personal skills required to
carry out a job in desired fashion.
2. Training and development needs: Sometimes there is need for training for getting
the job done. However, Job Analysis can identify training content.
5. Job Design Redesign: When organizations move ahead in time, they change. They
grow, they adapt. So to get the job done in new way there occurs a need for job design
and redesign. In addition, how should be design redesign process go can be
determined by job analysis process.
It is considered the foundation as; the importance of job analysis is closely associated
with the possibility of filling a position with the most suitable candidate. In other
words, jobs analysis needs to be conducted so that a set of skills and competencies
needed to perform duties of a position can be established and the same set of skills
and competencies can be used as criteria for the search of appropriate candidates.
1. Skill Variety Refers to the degree to which the job requires different skills and
talents. Job having more variety and thus requiring more skills and talents will result
in an employee feeling that they are doing work that is more meaningful.
2. Task Identity If the employees are able to see the outcome then they will feel that
they are doing meaningful work. Think of two workers who are part of a project to
build an airplane. The first worker is involved only in the initial project planning,
whereas the second worker is involved right from the initial planning through to when
the first aircraft rolls off the production line. The second worker will find his work more
meaningful.
3. Task significance Refers to the degree to which the task has impact the organization,
or the external environment. Say, two employee’s part of a team building a software.
One is responsible for the part of the system, which interacts with the user, and the
second employee is responsible for ensuring data is stored efficiently. The first worker
will find the work more meaningful as they understand the impact on the end user.
4. Autonomy Degree of freedom complete work. Employees with more autonomy will
have a greater sense of responsibility towards the results of their work.
5. Feedback Refers to the degree to which the employee is kept informed about how
well they are doing in their role. If an employee is given good feedback about his work,
he will be motivated