Transcript MODERN HRM-OUTSOURCING.ppt

MODERN HRM:OUTSOURCING
What is Human Resources Management all about?
Planning HR Needs
 Compensating and motivating employees
 Appraising employee behavior
 Enhancing potential – training & development
 much more careful selection and recruitment
 high level of training and staff development
 better communications between staff and management
 extensive use of teamwork
 introduction of performance management
 encouragement of employee suggestions and innovation
HRM in Corporate
For Profit Environment:
 Dynamic Growth Strategy – balance between current work and
potential future work
 Extract Profit Strategy – focus on profit, cost cutting, frequent
terminations
 Liquidation Strategy – selling off assets, cutting further losses,
workers a commodity
 Turnaround Strategy – short term strategy for long term survival
HRM in Corporate
Designing a Training & Development Program:
 Balance between individual needs, departmental needs, and
community needs
 Long term vision vs. short term reality
 Developing a Learning Culture
 Job specific vs. culturally specific program (language training)
 Requires Assessment of skills, knowledge and attitude of
individuals and community to ensure efficient use of funds
HRM in Corporate
Skills Assessment & Needs Analysis:
 Conduct a needs analysis of organization and compare skills across
group.
 Conduct individual skills assessment part of personal career
planning as hire, pay increases, promotions
There is only one constant in the universe.
What is that?
That is…………
“Change”
TRADITIONAL ≤ MODERN
TRADITIONAL
• selection and recruitment
MODERN
• strict and rigorous selection and
recruitment .
• training and development
• pay and conditions
• high level of training, especially
induction training and on the job
training.
• industrial relations
• employee welfare
• occupational health and safety.
• multi skilling.
• better management-worker
communications.
• encouragement of employee
suggestions and innovation.
• single status symbols such as
common canteens and corporate
uniforms.
Trends in Human Resource Management
Work Force Diversity
•Women Participation
(Example: In U.S. 45.5% in 1979, 47.7% in 2005)
•Racial Composition
( Example: Inclusion of different race and communal group)
•Portion of Ageing work force
( Example: retirement age, average life expectancy etc.)
•Technological Change
( Example: Stenograph, Teletype, Fax, Email, Tele-seminar etc.)
•Attraction to White Collar and professional jobs
Trends in Human Resource Management
Changing Economy
•Production globalization
(Example: same product from different countries, production of different
accessories-parts in different countries)
•International competition of market
( Example: automobile, electronics, knowledge industries etc.)
•Manufacturing plant in different countries
( Example: Sony in Malaysia, )
•Job sifting from one place to another
( Example: Tendency to use cheaper workforce, e. g. garments)
•High performance work system
Outsourcing
What is Outsourcing?
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Outsourcing is a strategic decision to give a task or activity to an
independent contractor who determines how best to do the task or
activity.
The firm and the independent contractor become partners and may
establish a long-term relationship.
Examples of outsourced activities: IT, HR, Legal services,
Manufacturing, R & D.
Note: Outsourcing to India is now more about high quality rather than
cost. (Forbes)
Outsourcing
Outsourcing Advantages:
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Better quality people and knowledge.
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Reduction in administrative costs.
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Outsourcing certain activities and employees that do not fit with
company culture may be used to preserve a strong culture or
employee morale.
Outsourcing
Outsourcing Disadvantages:
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Outsourcing may lead to loss of control of certain activities which
may be a problem on time sensitive projects.
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Outsourcing an activity may result in loss of the opportunity to gain
knowledge and information.
Why Has Outsourcing Become So Popular
1. Globalization and labor arbitrage:
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The wage differential is now so great that firms may be willing to
accept the risks associated with vendor opportunism
Within developing economies, investment in human capital and in
production capacity has expanded dramatically
The wage differential between developed and developing
economies is substantial
2. Technology.
3. Core competency.
MODERN DAYS OF HRM
Human resource
management policies
Human resource
management outcomes
Organizational outcomes
Organisation and job
design.
Management of change
Strategic integration
High job performance
Recruitment, selection
and socialization
Commitment
High problem solving,
change and innovation
Appraisal, training and
development
Flexibility/adaptability
High cost-effectiveness
Reward systems
Communication
Quality
Employee satisfaction,
motivation and
recognition.
Awards for HR Practices:
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Asia Pacific HR Conclave Award for the company with “Most
Innovative HR practices”.
National award for “Best HRD Practices” from Indian Society for
Training and Development.
“National Award for Outstanding Work in Human Resource
Management” from National HRD Network.
“Award for Outstanding Human Resources Development” from
Confederation of Engineering Industry.
“Integration of Information Technology with HR” in ECC Division
has been recognized by the National HRD Network.
Story Behind the Success
HR Policy The basic principles of ECC's Human Resources policies include
Recruitment based solely on merit by following well-defined and systematic selection
procedures without discrimination.
 Sustain motivated and quality work force through appropriate and fair performance
evaluation, reward and recognition systems.
 Identify training needs within the Organisation and design and implement those need
based training programmes resulting in continuous upgradation of knowledge, skills and
attitudes of the employees.
 Maintain a quality Human Resource Management System to meet the international
standards as per ISO 9001. Plan, design, train, equip and motivate the department staff to
meet this standard of expectation.
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Work culture emphasizes:
· Freedom to experiment
· Continuous learning and training
· Transparency
· Quality in all aspects of work
· Rewards based on performance and potential
“If you feel like a seagull in the sky, If you feel you belong to the top and want to higher,
you are ready for the ECC Challenge - India's largest construction organization. Join our
team and realize your dreams with us.”
Latest Techniques In The Field of Human
Resource:
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Employees for Lease
Moonlighting by Employees
Dual Career Groups
Flexi-time & Flexi-work
Non-smoking policy
Management Participation in Employees' Organizations
Collective Bargaining
Collaborative management.
Future Of HRM
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Retention: One survey estimated that it can cost as much as 1.5
times the employees annual salary to recruit and train a
replacement.
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Project based work: Hire people on project based work gives
optimal utilization.
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Work from home: Offers employees to work within a flexible
environment.
» So on……
HR PLANNING!
By
GROUP-4
Debojit Roy – H66
Neeraj Sharma – H30
Sritanu Das Mahapatra –
H57
Abhisek Sahu – H3
Krishnakant Pandey – H25
Biswajit Ghosh – H12