HRM basics -v1-Shiraz Ahmed

transcript

shirazahmed.wordpress.com

HR Basics

Shiraz Ahmed | Faculty | Trainer | Coach

CBM | Institute of Business Management | Karachi

MBA class |Spring Semester

January 2014

Before we start, my concern

• Are HUMANS resources?

• We use resources to achieve objectives and

then throw it!

• This view is damaging society

A bitter reality

“Nothing is more dangerous than a group of trained people in

the art of monitoring compliance with rules, fluent in

language, not a word for customer, who have their time in

hands and are looking for something to do” Thomas stewart, fotune

Why HR function?

In the new economy, competition is global, capital is abundant, ideas are developed quickly and cheaply, and people are willing to change jobs often. In that kind of environment… all that matters is talent… superior talent will be tomorrow’s prime source of competitive advantage.

Chambers, E. et al. (1998) “The War for Talent.” McKinsey Quarterly, 2-15

What is HRM?

1. Attract talent

2. Retain talent

3. Develop talent

4. Separate talent

HR activities (MIT research) Transactional

65-70%

• Record keeping • Benefits administration • Employee services

Traditional

15-25%

• Recruitment & selection • PMS and Compensation • Training and Development • Employee relations & engagement

Transformational 5-10% • Strategic direction • Management development

HR concepts (according to text books!)

1. Job analysis

2. Strategy and business partnering

3. Recruitment and selection

4. Performance Management & Appraisal

5. Training & Development

6. Compensation & Benefits

7. HR & Succession plan

8. Employee Relations & Engagement 9. Health, Safety, Wellbeing and Ethics

Bad and good news!

I will be discussing old concepts and discarded theories prescribed in your HR bible But, I will deviate from book often and share new research

Netflix gives new concept of HR

Netflix reverse most of the HR current practices and concepts which are written in your book!

What HR managers do?

• HRM is about managing talent to achieve organizational objectives

• Question is ‘HOW’

• Is it really simple as the first line is saying

Job of HR managers

• You have to Add or Create value!

How HR managers can create value?

Source: Dave Ulrich, HR champions, p.247

Conclusion

• What did you learn today?

• Action plan

Shiraz Ahmed Email: shiraz.wasif@gmail.com Facebook: shiraz.wasif Linkedin:shirazaahmed Blog: shirazahmed.wordpress.com