hrm basics -v1-shiraz ahmed


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: [email protected] Facebook: shiraz.wasif Linkedin:shirazaahmed Blog: shirazahmed.wordpress.com