... Summary: A New Mandate for Human Resources HR’s role in an organization has been perceived as peripheral at best, and value sapping at its worst. In today’s world, when most of the processes & systems can be copied thus rendering no sustainable advantage in long term, companies can majorly differentiate themselves only by building its intellectual capital (employee competence) & organizational excellence (organizational capabilities) – which are very hard to copy. HR’s contribution to achieve this is vital. It is in this light that HR’s role & responsibilities needs to be relooked & redefined to extract meaningful contribution from HR. To achieve this, both, senior management’s & Line manager’s expectations from HR, and HR’s expectations from itself, needs a sea change. Challenges & Competencies needed Following are five major business challenges...
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...|Human Resource Management | |Subject Code:BMHR5103 | |Name: Jesotha_Balachandran | |Matrix No: CGS00713601 | Introduction 2 Organization Background 4 Report 5 Benefits of Internal recruitment 5 PROMOTION BASED ON SENIORITY 8 PROMOTING BASED ON COMPETENCY 11 Conclusion 15 REFERENCE 17 APPENDIX 18 Interview Outcomes 18 Introduction Human resource management deals with employment issues according to the law and with the organizations directives that includes many fields like staff hiring, staff reentering, pay settlement, setup management performance, and change management. Another definition of human resource management can be stated as managing people in a collective relation between company management and employees. As such HRM fulfills all the management objectives of providing and managing them in the best way to monitor and control them fulfilling the need to have a human resource department in every organization. One of the most important aspects of human resource management is the concept of promotions and how to handle employee promotions. Promotions can be defined as the advancement of an employee from one job position to another job position that has a higher salary, higher position, and more job responsibilities. A promotion may also results...
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...Human Capital Management Plan 2004–2008 United States Copyright Office | Contents 1 Message from the Register of Copyrights Copyrights Copyrights 3 Introduction Human Capital Framework · 3 Framework Our Mission · 4 Copyright Office Strategic Plan Mission, Goals, and Objectives · 5 Business Process Reengineering · 5 Current Organization and Workforce · 5 Reliance Upon Library of Congress Human Resources Services · 6 7 Part 1 · Strategic Alignment 7 Part 2 · Organizational Alignment and Workforce Planning 9 Part 3 · Talent 15 Part 4 · Results-Oriented Performance Culture Performance Culture 17 Part 5 · Leadership and Knowledge Management 19 Performance Measures and Evaluation 19 Appendices a: Stakeholder Roles and Responsibilities · 19 b: Implementation Framework · 21 Message from the Register of Copyrights I am pleased to present the Copyright Office Human Capital Management Plan for 2004–2008. This Plan has been developed as a companion to the Office’s Strategic Plan and links our human capital planning to the Office’s strategic policy and management objectives. It emphasizes the importance of human capital management to the successful accomplishment of our mission. In every organization, people are the most valuable resource. This is especially true at the Copyright Office, which is fortunate to have a seasoned, dedicated, and professional workforce that is customer-service oriented. The Office has a unique mission, and I am gratified when I work with...
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...Whirlpool Finance Organization: Whirlpool Corporation is a leading manufacturer and marketer of major home appliances. It had annual sales of more than $18 billion in 2010 and has 71,000 employees and 67 manufacturing and technology research centres around the world. It employs approximately 1,200 finance professionals in 26 countries on every inhabited continent. The majority work in accounting, finance, and shared-service areas, but there’s also a significant finance talent presence in tax, treasury, audit, enterprise resource planning (ERP), and investor relations. There are also specialists in a variety of areas, including economic, enterprise risk management, real estate, information systems, and product innovation. The company’s general organizational design for finance is to locate talent as close as possible to business activities. Finance talent is found in Whirlpool factories, sales offices, R&D functions, and regional headquarters around the world. Finance directors and VPs often have dual reporting relationships—to their business units as well as the office of the CFO. Because Whirlpool has a significant global presence, a great number of its talent base must have higher-than-average skills in U.S. GAAP, currency management, and IFRS. Aside from a strong emphasis on leadership development and finance technical competence, skills in Six Sigma, innovation, and employee engagement are highly valued Vision: Transform the finance organization’s capabilities at Whirlpool...
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...they can be utilized in best manner. 6) It helps the organization to realize the importance of manpower management which ultimately helps in the stability of a concern. Objectives of manpower planning Assessing manpower needs for future & making plans for recruitments & selection. Assessing skill requirement in future. Determining training & development needs of the organisation. Anticipating surplus or shortage of staff & avoiding unnecessary detention or dismissal. Controlling wages & salary casts. Staffing Levels Staffing levels can change based on company growth, losses due to layoff or temporary and seasonal employment needs. The objective of manpower planning is to forecast staffing level needs and work with company managers to make sure each department...
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...Understanding the Management Role in the City and Guilds of London Institute (‘City & Guilds’) Contents Page The organisation in relation to its purpose and its stakeholders 2 Purpose of City & Guilds 2 Key stakeholders 2 Structure of City & Guilds 3 Rationale for structure 4 The role of management in achieving goals 5 City & Guilds goals 5 Responsibilities of middle managers in City & Guilds 5 Manager’s responsibilities linked to organisational goals 6 Effect of communications and interpersonal relationships on 7 managerial performance Importance of interpersonal relationships 7 Importance of effective communications 8 Ensuring effective team communications and interpersonal skills 9 Development opportunities 10 Critical appraisal of personal skills and attributes 10 Areas for development 10 Development plan 11 References / Bibliography 12 1.0 The organisation in relation to its purpose and its stakeholders 1.1 Purpose of City & Guilds City & Guilds is a leading vocational awarding organisation for work-based qualifications, committed to offering high quality qualifications across a wide range of industrial sectors, through 8500 colleges and training providers worldwide. City & Guilds Group also includes the Institute of Leadership & Management, the UK’s largest management body, combining industry-leading...
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...Design of Career Paths and integration into talent management system of Janssen Pharma Arun Vigneswaran M Ist Year M.A HRM&LR Contents: INTRODUCTION A career path is the sequence of work positions or roles that a person holds over the span of life time..The fundamental components of a career path are a sequential list of roles, Qualifications, Critical Developmental Experiences (CDE), Competencies, Organizational perspective. The potential and promise of career paths lie in the dynamic part of career and talent management.. Career paths factor in mobility and embeddedness and to what extent they play a role in career success. In the contemporary organization concepts of boundryless careers are emerging and needs to be factored in for a comprehensive career path. A career path can be harnessed to maximize both individual and organizational potential and can be used to achieve important business outcomes by aligning with a variety of HR processes and systems. In this project we have tried to find how career paths are designed in any organization and further how it can be customized for MAF, BD division of Janssen Pharma. Career paths have become an important part of talent management and is used extensively during promotion, retention, exit, future planning. We have also tried to identify how career paths can be harnessed by the talent management team and used to solve some of the current problems like attrition, stagnation. CONCEPTUAL DESIGN OF CAREER PATHS In...
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...Fuctional Area of Business MGT/521 01/21/2013 Master in Business Administration (MBA) is the next step in business degree. It will help me understand the business world & business practice for better future career opportunities. Most businesses consist of number of different deparment, which has specific job or task to do that is called functional area of a business such as accounting/finance, marketing, operations, human resources and administration. This degree will help me understand each department of business and what roles managers play in each deparment. All business will carry out each functions but not every business will have a separate deparment that is responsible for each function. All businesses need to be well organized to achieve their aims and objectives. Certain tasks, or functions, must be done regularly and these are usually grouped into specific types of activities. All businesses will carry out each of these functions but not every business will have separate deparment that is responsible for each functions. It is all depends on the size of organizations. All functional are of business are very much important to organization. Few functional areas that interest me are Human Resource and Finance. Human Resources is important department. The main purpose of Human Resource deparment is to recruit, select, train and develop staff. This means that they have to find right people at right place at right time and it is the responsibility of Human...
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...Journal of Management Development The evolving role of strategic management development Paul Brown Article information: To cite this document: Paul Brown, (2005),"The evolving role of strategic management development", Journal of Management Development, Vol. 24 Iss 3 pp. 209 - 222 Permanent link to this document: http://dx.doi.org/10.1108/02621710510584035 Downloaded by Universitas Pendidikan Indonesia At 20:32 22 February 2015 (PT) Downloaded on: 22 February 2015, At: 20:32 (PT) References: this document contains references to 29 other documents. To copy this document: permissions@emeraldinsight.com The fulltext of this document has been downloaded 9372 times since 2006* Users who downloaded this article also downloaded: David Lamond, Lee D. Parker, Philip Ritson, (2005),"Fads, stereotypes and management gurus: Fayol and Follett today", Management Decision, Vol. 43 Iss 10 pp. 1335-1357 http:// dx.doi.org/10.1108/00251740510634903 Marilyn M. Helms, Judy Nixon, (2010),"Exploring SWOT analysis – where are we now?: A review of academic research from the last decade", Journal of Strategy and Management, Vol. 3 Iss 3 pp. 215-251 http://dx.doi.org/10.1108/17554251011064837 Uma D. Jogulu, (2010),"Culturally-linked leadership styles", Leadership & Organization Development Journal, Vol. 31 Iss 8 pp. 705-719 http://dx.doi.org/10.1108/01437731011094766 Access to this document was granted through an Emerald subscription provided by 601976 [] For Authors If you would like to write...
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...Over the past 10 years, human resource and organizational development professionals have generated a lot of interest in the notion of competencies as a key element and measure of human performance. Competencies are becoming a frequently-used and written-about vehicle for organizational applications such as: * Defining the factors for success in jobs (i.e., work) and work roles within the organization * Assessing the current performance and future development needs of persons holding jobs and roles * Mapping succession possibilities for employees within the organization * Assigning compensation grades and levels to particular jobs and roles * Selecting applicants for open positions, using competency-based interviewing techniques Competencies include the collection of success factors necessary for achieving important results in a specific job or work role in a particular organization. Success factors are combinations of knowledge, skills, and attributes (more historically called "KSA's") that are described in terms of specific behaviors, and are demonstrated by superior performers in those jobs or work roles. Attributes include: personal characteristics, traits, motives, values or ways of thinking that impact an individual's behavior. Origin of Management including Competency Mapping: Chanakya's Arthshastra, an ancient Indian script/ book on Political Science and Administration, written some 3000 years ago. Other names of Chanakya were Mr. Kautilya, and Mr. Vishnu Gupt...
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...The Big Idea: 21st-Century Talent Spotting by Claudio Fernández-Aráoz Claudio Fernández-Aráoz is a senior adviser at global executive search firm A few years ago, I was asked to help find a new CEO for a family-owned electronics retailer that wanted to professionalize its management and expand its operations. I worked closely with the outgoing chief executive and the board to pinpoint the relevant competencies for the job and then seek out and assess candidates. The man we hired had all the right credentials: He’d attended top professional schools and worked for some of the best organizations in the industry, and he was a successful country manager in one of the world’s most admired companies. Even more important, he’d scored above the target level for each of the competencies we’d identified. But none of that mattered. Despite his impressive background and great fit, he could not adjust to the massive technological, competitive, and regulatory changes occurring in the market at the time. Following three years of lackluster performance, he was asked to leave. Compare that story with one from the start of my executive search career. My task was to fill a project manager role at a small brewery owned by Quinsa, which then dominated the beer market in the southern cone of Latin America. In those days, I hadn’t yet heard the term “competency.” I was working in a new office without research support (in the pre-internet era), and Quinsa was the only serious beverage industry player...
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...COMPETENCY BASED RECRUITMENT: STANDARD CHARTERED BANK 20-Nov-15 Informational Report on CBR Activities This document is an informational report compiled using qualitative research techniques. Purpose of report is to acquire a cross sectional analysis of Standard chartered bank and its Created By: Ahmed Faizan Kashmiri (14447) competency based recruitment activities in relation to its corporate values and management principles. Competency Based Recruitment: Standard Chartered Bank Competency Based Recruitment: Standard Chartered Bank ORGANIZATION AT A GLANCE Company Information Organization Standard Chartered Bank Address Head quartered at London ,UK Type Multinational Presence in countries 66 Locations 1700 offices Chairman Sir John Peace Industry Banking Number of employees 87000 Direct, 100000 Contractual Annual revenue US $ 19.71 Billion (2014) Estimated Assets £33 Billion CBR Management Global HR Teams ( HRRSC ) Country Responsible Head Of HR CBR Management Style Cross Functional Collaborations Standard Chartered PLC (LSE: STAN, SEHK: 2888, NSE: STAN) Is a British multinational banking and services company headquartered in London, United Kingdom. It operates a network of over 1,700 branches and outlets (including subsidiaries, associates and joint ventures) across more than 70 countries and employs around 87,000 people. It is a bank with operations ...
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...Succession management plans are valid in all types of businesses (corporate, family business, small business) and is critical to the effective functioning and internal alignment of an organization for retaining employees, ensuring that critical tasks are completed, and helping the organization fill vacant positions more quickly and efficiently. There are several major benefits of implementing a succession management process. First, succession management allows for an organization to respond quickly and stay on target amidst change or turmoil such as a drastic and sudden change in the economy or business cycle. For example, if a significant change in the Canadian dollar appears quickly, with an effective succession management plan in place, the company is able to take appropriate action quickly to ensure the stability of the company regardless of any external factors that could potentially take a significant toll on the organization. Secondly, by having a plan in place it creates smooth, internal transition of staff, allowing the organization to save both time and money. By putting in a succession management plan, a company will be able to support new organizational structures and flexibility by providing back up for various positions and removing stress from one particular employee, such as having a program that involves employee rotation. Fourthly, succession plans help to develop employees for new opportunities and in turn giving them the required skills to increase...
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...Training Method | Type of Training | Advantages | Disadvantages | Online or E-Learning | Web-based trainingTele- or videoconferencing.Audioconferencing.Web meetings, or webinars.Online colleges and universities.Collaborative document preparation.E-mail. | Online or e-learning programs are effective for training across multiple locations.They save the company money on travel expenses. They can be a less expensive way to get training from expert industry professionals and consultants from outside the company. They are useful for refresher training. They are good for self-directed learning. They can be easy to update with new company policies or procedures, federal regulations, and compliance issues. They offer trainers a growing array of choices for matching training programs to employee knowledge and skill levels. | These programs require trainees to be computer literate.They are usually generic and not customized to your company’s needs.Some employees may not like the impersonal nature of this training.Employees may be too intimidated by the technology or the remoteness of the trainer to ask questions.Lack of computer terminals or insufficient online time may restrict or preclude access to training.Inadequate or outdated hardware devices (e.g., sound cards, graphics accelerators, and local area networks) can cause programs to malfunction.Your company’s Internet servers may not have enough bandwidth to receive the materials. Self-instruction offers limited opportunities to receive...
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...COLLOQUIUM includes debate by practitioners and academicians on a contemporary topic Leadership Development in Organizations in India: The Why and How of It (Part II) Aarti Shyamsunder*, Anand S, Ankush Punj, Arvind Shatdal, B M Vyas*, Balaji Kumar*, Binu Philip*, C Manohar Reddy, Chitra Sarmma*, Gopal Mahapatra*, Govind Srikhande*, Kartikeyan V*, Manoj Kumar Jaiswal, Nandini Chawla, Prabhat Rao*, Prakash K Nair*, Prasad Kaipa*, Rajshekhar Krishnan*, Rishikesha T Krishnan, Rituraj Sar, S K Vasant*, S Ramesh Shankar, Santrupt Misra, Shabari Madappa*, Sudhakar B, Swasthika Ramamurthy*, Twisha Anand, Vasanthi Srinivasan, Vikas Rai Bhatnagar, Vishwanath P*, Vivek Subramanian* and Neharika Vohra and Deepti Bhatnagar (Coordinators) INTRODUCTION KEY WORDS Integrated Leadership Model Training Coaching Self Development Systemic Development Talent Acquisition Organizational Climate Survey Effort Reviews Capability Building Employee Life Cycle Management Pharmaceuticals 360 Degree Feedback Human Development Third Party Audit H R Processes Global H R Mission Performance Management Processes Upward Feedback Clasroom Learning On-the-Job Development Superordination Leadership Pipeline * The contribution of these authors have appeared in Part I of the Colloquium in the July-September, 2011 issue of Vikalpa. The names of authors appear in alphabetical order. Neharika Vohra and Deepti Bhatnagar T he Colloquium on Leadership Development was planned to put together the experiences...
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