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HRM. Today class coverage…. What is HRM Who is responsible for HRM Course Objectives & Coverage. Evaluation. Code of conduct. Learning from previous term. Your expectations. Course objectives. Course Evaluation. Quizzes Group Assignment – Best Practices Presentation Midterm
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Today class coverage… • What is HRM • Who is responsible for HRM • Course Objectives & Coverage. • Evaluation. • Code of conduct. • Learning from previous term. • Your expectations.
Course Evaluation • Quizzes • Group Assignment – Best Practices Presentation • Midterm • Final exam
Personal Effectiveness Model • Am I doing what I do best • What are my goals? • Clear. • Passion & love what I am doing. • Big. • Also beyond self. • Am I learning. • Am living in the present. • Do I believe in self. • Do I feel good about self. • Do I keep taking actions & do not give up. • Am I making a difference.
What is HRM • Effective use of Human Resources. • Competence, Commitment & Culture. • Discipline & IR, Personnel & HRD • IR; Minimum code of conduct employees must observe for smooth operation. • Personnel; Things that will address dissatisfaction. • HRD; • Subjects read in IR, Personnel & HRD. • SHRM is about using HR Function to achieve organizational goals.
What is HRM • What is HRM? Effective use of Human Resources to achieve organizational goals. • People is one of the factors for organizational excellence. • Leadership • Strategy. • Organization design(people & leadership need an organization) • Focus on 3 Cs • All HRM Systems or subsystems intend to build 3 Cs. • HR is job of both HR Manager & Line Manager. • 3 Cs are best built when organizations have correct approach. What is a correct approach?
What is HRM..cont • HRM effectiveness is result of • HR aligned with business. • Line Manager. • HR Manager competency. • HR Systems. • The Leader – vision-values.. • Correct approach
What is HRM..cont • Correct approach • Talent-Role-Organization Fit. Best option. • …next best option – enable the person to leverage his strengths which ever role he is in.’ • Care, respect, fairness fundamental to commitment. Begets trust. • Addressing basic needs are important. Money/compensation, Safe work environment…. • Leader & Managers…determine Cs to a certain extent. • Consistency & alignment is key. • What are behaviors aimed at? • Are all organizational process reinforce them consistently
When you can bring the best of people in organization • Talent-Role-Organization Fit. Can you think of a Sachin or Messi in any other role. Ofcourse, organization does not matter to them. For others it does matter. • Enable the person to leverage his strengths to the hilt in whatever ROLE he is in. Case of Warren Buffet. • Talent or Individuals need support. Case of JSW or Reliance. • Leader, his vision & values matter a lot. JFK Kennedy’s vision. Leader creates climate. • Managers do matter a lot. People join organization but leave it because of Boss/Manager. • Individuals are different, hence individualized approach.
When you can bring the best of people in organization • Trust create conditions where people give their extra. Lee Iococa. JRD Tata. Trust comes from – Respect, Care, Fairness. Discretionary efforts. Rational & Emotional commitment. • Basics are important. Money is important. Case of JKO & Reliance. • People look for external equity also. • Individuals can do better if his development needs are met. There is scope for improvement for every one. • Consistency & alignment.