Hire Math, KLS-IMER, Belgaum

Embed Size (px)

Citation preview

  • 8/8/2019 Hire Math, KLS-IMER, Belgaum

    1/22

  • 8/8/2019 Hire Math, KLS-IMER, Belgaum

    2/22

    "We are in one of those great historicalperiods that occur every 200 to 300 years

    when people dont understand the worldanymore, when the past is not sufficient

    to explain the future."

    Peter Drucker

    Albert Einstein"Try not to become a man of success but

    rather to become a man of value"

  • 8/8/2019 Hire Math, KLS-IMER, Belgaum

    3/22

    Fundamental Concepts of HR/ Employees / People

    Valuable Resource

    Rare Resource

    Inimitable Resource

    Non-Substitutable Resource

  • 8/8/2019 Hire Math, KLS-IMER, Belgaum

    4/22

    Fundamental Concepts of

    Management

    Management is a Process

    Coordination of resources

    Body of Personnel

  • 8/8/2019 Hire Math, KLS-IMER, Belgaum

    5/22

    What can you see in HRM Books?

    Globalization creates +ve and ve impacts

    World Trade & GDP

    Business Enterprises in India & Abroad

    HRM is no more a ____ advisory function (service dept)

    HR is linked to business strategies of the organisation

    Its now become a ______ Function

    Balance Stake holders External and Internal

  • 8/8/2019 Hire Math, KLS-IMER, Belgaum

    6/22

    Definition of HRM"HRM will be regarded as a valuable business

    partner and important organizationalresource when the business units aresatisfied with the results achieved through

    human performance and processimprovement

    Process of Acquiring, Developing, Motivating,Evaluating, Compensating, Awarding,Retaining (ADMECAR) employees to ______organisational goals

  • 8/8/2019 Hire Math, KLS-IMER, Belgaum

    7/22

    Definitions

    McKinsey 7-S Model = Structure /System / Strategy / Staff / Skills / Style

    / Shared Values

    HRM is all about developing andmaintaining qualified workforce

    Strategic and Coherent approach to themanagement of an organization's most

    valued assets

  • 8/8/2019 Hire Math, KLS-IMER, Belgaum

    8/22

    Management

    Manage + Men + Tactfully

    Art of getting work done through thepeople, and w ith the people in

    formally organized groups

  • 8/8/2019 Hire Math, KLS-IMER, Belgaum

    9/22

    Versions / Distinctions of

    HRM John Storey 1989

    Hard HRM (Unitarist Approach):Manage people in ways that will obtain added value from

    them and thus achieve competitive advantage

    Soft HRM:

    Treating employees as valued assets, a source ofcompetitive advantage through their commitment,

    adaptability and high quality skills, performance etc

  • 8/8/2019 Hire Math, KLS-IMER, Belgaum

    10/22

    Development of HRM Concepts

    Philosophy of Soft & Hard HRM can be tracedback to McGregors writings in 1960 X & Ytheories

    HRM gained prominence since last 2-3 decades

    It emerged as an inter-disciplinary andintegrated approach towards development of HR

    Developing competencies (SKA)

  • 8/8/2019 Hire Math, KLS-IMER, Belgaum

    11/22

    Development of HRM Concepts

    Full concept of HRM emerged in the mid 1980s

    Initial concepts (cultures and commitment) byAmerican writers in 1980s

    Takeover of these comments by British writersin the late 1980s and early 1990s who wereskeptical about the reality beyond the rhetoric,

    and dubious about its morality

    The assimilation of HRM into traditionalpersonnel management

  • 8/8/2019 Hire Math, KLS-IMER, Belgaum

    12/22

    Aims of HRM

    RetainingDeveloping SKA

    Develop Highperformance worksystems (HPWS)

    Create / Maintain -Productive andHarmoniousrelationships b/wmgt & emp

    Knowledge Mgt

    Teamwork andFlexibility

    Adapt to the needsof stake holders

    Ensure Rewardingand Valuing

    Managing diverseworkforce

    Equal opportunitiesto all

    Ethical approach tomanage employees

    Physical and Mental

    well-being ofemployees

  • 8/8/2019 Hire Math, KLS-IMER, Belgaum

    13/22

    Two initial concepts of HRM werechristened by Peter Boxall (1992)

    The Matching Model C.J.Fombrun,Michigan School, 1984

    The Harvard Framework M.Beer,Harvard School, 1992

  • 8/8/2019 Hire Math, KLS-IMER, Belgaum

    14/22

    The Matching Model

  • 8/8/2019 Hire Math, KLS-IMER, Belgaum

    15/22

    The Matching Model

    The essential idea of this model is that HRsystems should be matched to the firms

    desired competitive position.

    There is a Human Resource Cycle which

    consists of 4 generic processes performedin all organisations: (1) Selection, (2)Appraisal, (3) Rewards, & (4) Development.

    HR function should be linked to the lineorganisation.

  • 8/8/2019 Hire Math, KLS-IMER, Belgaum

    16/22

    The Harvard Framework

    Stakeholder Interests:

    -Shareholders-Management-Employees

    -Government-Unions

    Situational/EnvironmentalFactors:

    -Workforce Characteristics-Bus Strategy & conditions-Mgt Philosophy-Labour Market-Unions

    -Task-Technology-Laws and Social Values

    HRMPolicyChoices:

    -Employeesinfluence

    -HR flow

    -Reward Sys

    -Work Sys

    HRMOutcomes:

    -Commitment

    -Congruence

    -Costeffectiveness

    Long-termConsequences:

    -Individual

    well-being

    -OrganisationalEffectiveness

    -Societalwell-being

  • 8/8/2019 Hire Math, KLS-IMER, Belgaum

    17/22

    The Harvard Framework

    The idea of Harvard framework is that humanresource strategy should be linked to

    business strategy but the need forconsideration of, and compromises with theworkforce and union aspirations is alsorecognised.

    Many pressures are more demanding, morecomprehensive, more strategic w.r.t HR. Suchpressures create need for long-term

    perspective in managing people.

  • 8/8/2019 Hire Math, KLS-IMER, Belgaum

    18/22

    HRM -v/ s- PM

    1) Managing peopleemployed

    2) Commodity or Tool3) Cost Centre

    4) Organisational Benefit

    5) Reactive approach6) Responsibility of all

    line managers

    7) Seeks to influence linemanagement

    8) Narrow in approach

    9) Its a necessity

    1) Managing SKA, ability,talent, aptitude,

    2) Resource3) Profit Centre

    4) Mutual Benefit

    5) Proactive approach6) Central sub-system of

    organization

    7) More integrated linemanagement activity

    8) Holistic on approach

    9) Its a choice

  • 8/8/2019 Hire Math, KLS-IMER, Belgaum

    19/22

    Reservations about HRM

    HRM does not pass muster either as areputable theory or as an alternative andbetter form of personnel management

    HRM David Guest(1991) is an Optimisticbut ambiguous concept. Its hype and hope!!

    Even if HRM exists as a distinct process, many

    doubt that its full of contradictions andmanipulations

    The prized goals of HRM remains unproven atits best and unfulfilled at worst

  • 8/8/2019 Hire Math, KLS-IMER, Belgaum

    20/22

    Why HRM emerged in India???

    Increased competition

    Emphasis on Quality

    Flexibility in operations

    Willingness to adapt to

    changing market needs

    Global Market conditions

  • 8/8/2019 Hire Math, KLS-IMER, Belgaum

    21/22

    Reactions to HRM from Employees

    Hostile to the interest of workers and itsmanagerial.

    Research conducted by David Guest andConway (1997) Motivation was significantly

    higher where more HR practices were inplace.

    Brainwashed by management.

    Hyperbole and Rhetoric of human resourcemanagement.

  • 8/8/2019 Hire Math, KLS-IMER, Belgaum

    22/22

    Key HRM Activities

    OD

    IR

    Manpower planning & recruitment

    PA & PM HRD

    Reward Systems

    Employment relationship