HRM

IN BANK OF BARODA

MEANING & DEFINITION OF HRM

Meaning of HRM
HRM is concerned with the management of human energy and competencies. It aims at achieving organizational objectives through the productive contribution of people. Competencies consist of Knowledge, skills, attitude and potentials. Knowledge: (What the employee needs to know. Knowledge can be professional, technical or commercial)

 INTRODUCTION
THE BANK WAS FOUNDED BY THE MAHARAJA OF BARODA H.H. SIR SAJAJIRAO GAEKWAD BANK OF BARODA FOUNDED IN 1908 IT IS THE THIRD LARGEST BANK IN INDIA BANK OF BARODA HAS TOTAL ASSET IN EXCESS OF RUPEES 2.27 LAKH CRORES IT PLANS TO OPEN 400 NEW BRANCHES IN COMING YEAR

 ROLE OF HR MANAGER IN BANK OF BARODA

INTELLIGENCE EMPATHY STEREOTYPES & PREJUDICE MOTIVATING ABILITIES ANALYTICAL ABILITIES A HOLISTIC APPROACH GOOD UNDERSTANDING OF HUMAN NATURE AND SOCIAL ENVIRONMENT

HUMAN RESOURCES MANAGEMENT

STRATEGIES ADOPTED BY BANK OF BARODA

To initiate & institutionalize globally competitive HR practices in the bank in our pursuit to become a bank of international standard & To create a pool of entrepreneurial managers and business leader for future. To create a learning organization for employees intellectual growth and creativity. To create performance-driven culture and exciting workplace for the employees.

HR BUSINESS MODEL

TRAINING
TO KEEP UP FAST CHANGING BUSINESS SCENARIO CUSTOMER PREFERANCE, NUMEROUS TECHNOLOGY APPLICATION AND COMPLIANCE & REGULARITY REQUIRMENT TRAINING HAS BECOME A CENTRE STAGE ACTIVITY. THE BANK CONDUCT 342 TRAINING PRGRAMS IN THE AREA OF CBS COVERING 6234 EMPLOYEES DURING THE YEAR.

RECRUTMENT PLAN

BANK OF BARODA TO RECRUTMENT 4000 EMPLOYEES IN THE MONTH OF SEPTEMBER BOTH THE CLERICAL AND OFFICE LEVEL STAFF IN EQUAL NUMBER M.D. MALLYA NEW RECRUIT WOULD SUPPORT THE BANK GROWTH

RESTRUCTURING THE JOB

- BY DR. PRAKASH RANJANS GENERAL MANAGER & HEAD OF HR

HR PROFESSIONAL WITH DIVERSE EXPERIENCE OF AROUND 17 YEAR IN AREAS OF STRATEGIC & INTERNATIONAL HR INCLIDING ORGANISATION AL RESTRUCTURING & TRANSFORMATION , COMPENSATION & BENEFITS MNGT. POLICY FORULATION LEARING & CAPABILITY BUILDING OD HR BRANDING MANPOWER PLANNING SELECTION RESOURCE DEPLOYMENT PERFROMANCE MNGT. MOTIVATIONAL INTERVENTION FOR ORGANISATIONAL EFFECTIVENESS.

CONCLUSION
Bank of baroda an International bank of India. As the tag line of the bank suggests it is the bank which has stepped in the global market and has left its foot prints every where.Bank of baroda is an organization which had believed in the saving that every one has to change with the time. BOB changed its logo in 2005 and started its new journey. While visiting the BOB and after taking to the staff members we have found that BOB has reached the Zenith today. It has also been ranked as the top 25th organization by fortune 500 2009 companies. BOB has always provided the good services and hospitality to its customers the all branched have been applied with core banking services. Most of the branches have 12 working hours.

THANK YOU !