mm bagali..... hrd and hrm...... HR...... HRM......

1. welcome to world of
excitement
HR
Good Morning !!!
Human Resources Management

2. welcome to world of
excitement
HR

3. Module 6
• HRM: Significance; Functions; Role of HR
• People Management; Impact of HRM
• HRM Policy
3

4. 4
Challenges Facing HR Over the Next 10
Years

5. Nature of work of HR
• HRD
• HRM
• IR/PM
• Legislation
• Welfare
• Public Relations and corporate affairs

6. % of work of HR
• Training 20
• R / S 40
• Performance Management 20
• Others 20

7. 7
Challenges Facing HR Over the Next 10
Years

8. • What will be the three biggest challenges facing HR executives over the next
10 years? Retaining and rewarding the best employees (59%), developing the next generation of corporate
leaders (52%), and creating a corporate culture that attracts the best employees to organizations (36%).
• What will be the biggest investment challenge for organizations over the next
10 years? About two-fifths (43%) of HR professionals indicated that obtaining human capital and optimizing
human capital investments will be the biggest investment challenge.
• Which tactics will be the most effective in attracting, retaining and rewarding
the best employees over the next 10 years? The top four responses were providing flexible work
arrangements (40%); creating an organizational culture where trust, open communication and fairness are
emphasized and demonstrated by leaders (37%); providing employees with opportunities for career advancement
(26%); and offering a higher total rewards package than organizations that compete for the same talent (26%).
8
Key Findings

9. • How do HR Professionals expect the future workforce to evolve over the next 10
years? In terms of workforce size, the majority (69%) of HR professionals expect their organization to have a larger
workforce in 10 years. Just over one-half (54%) indicate that their use of contract/temporary employees will not
change, and 29% expect a growing proportion of contract/temporary employees. Nearly one-half (47%) indicate that
over the next 10 years there will be a greater proportion of full-time employees, whereas the other half believe the
workforce will stay the same (27%) or have more part-time employees (26%).
• Which HR competencies will be most critical 10 years from now? Over one-third of HR
professionals think that the four most critical competencies in 10 years will be business acumen (42%), organizational
leadership and navigation (40%), relationship management (37%), and communication (35%).
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Key Findings (continued)

10. • What components (subcompetencies) of business acumen will be
most critical in 10 years? HR professionals expect the top three
components to be HR and organizational metrics/analytics/business
indicators (45%), knowledge of business operations and logistics (41%),
and strategic agility (41%).
• What bodies of knowledge do HR professionals rate as being the most
important in 10 years? The four bodies of knowledge that were rated
as most important were strategic business management, talent
management, change management, and workforce planning and
employment.
10

11. 7 Biggest Challenges for HR Chief
Sources: Economic Times, 3rd
September, 2011, p: 4. Deloitte Compensation Survey, 2011

12. Which of the HR issues represent your biggest
challenges
• Talent Acquisition
• Succession Planning
• Change Management
• Compensation and Benefits
• Training and Development
• Talent Retention
• Health Care
• Legal issues
• Technology
• Layoffs/ Hiring freezes
• M/A

13. Toyota HR Chief, Interview in 2013
 Right kind of Talent
 Expectations
 Retention
 T and D
 Engagement activities
 Competency and Skills
 Morale issues

14. LinkedIn survey, 2012 study
 Managing Knowledge Workers
 Managing Technological Changes
 Developing leadership
 Workplace diversity
 IR
 Career growth
 People Management
 Smart Hiring

15. Skills Gap
•3.7 million jobs currently open
•72% of members can’t find skilled workers
•82% of manufacturers can’t fill good paying, skilled positions
A BIG Challenge for HR to Address Now

16. Designations
•HR officer
•HR Executive
•CHRO
•Peoples Officer
•Deployment Officer
•HR Strategist
•Leadership Solutions
•HR and Admin / HR and Law- Legal
•HR and Corporate initiatives
•HR, IR and Admin.
•HR- Land D

17. 17
HR Competencies

18. Ten years from now, which of the following competencies
do you see being most critical for the HR professional?
18

19. Ten years from now, when considering Business Acumen
for HR professionals, which of the following components
(i.e., subcompetencies) will be most critical?
19

20. Rate the importance of these bodies of knowledge for HR
professionals 10 years from now.
20
Note: n = 446. Respondents rated each body of knowledge on a scale from 0 (not important) to 10 (very important).
Body of Knowledge Average Rating (0 to 10)
Strategic Business Management 8.8
Talent Management 8.6
Change Management 8.5
Workforce Planning and Employment 8.5
Compensation and Benefits 8.3
Human Resource Development 8.2
Employee and Labor Relations 8.1
HR Technology 8.0
Risk Management 7.7
Global and International Human Resources 6.9
Role of HR

21. 21
Trends Reshaping the Future of HR

22. 22
Tapping Skills Anywhere, Anytime
Managing Your People
The Rise of the Extended Workforce
Digital Radically Disrupts HR
Reconfiguring the Global Talent Landscape
Social Media Drives the Democratization of Work
How HR Will Need to Respond to a New World of
Work

23. HRUnderstanding the
Five Questions That matter
for HR’s future

24. 1st
Question:
Alignment : Why does any HR program
matter to the business, and is HR truly
aligned to the business to provide value
HR

25. 2nd
Question:
Leaders: Why must HR foster leadership
within the organisation to drive success
HR

26. 3rd
Question:
Talent: Why does HR need to look at
future talent / skills necessary
HR

27. 4th
Question:
Reward: Why-How must HR provide
incentives that are meaningful to
employees
HR

28. 5th
Question:
Agility: Why HR must adopt cloud
technology
HR

29. Quizzzzzing

30. Testing 1:
According to recent research, what is the
top driver of job satisfaction?
Job security
Compensation
Opportunities to use skills and abilities

31. Testing 1:
According to recent research, what is
the top driver of job satisfaction?
Job security 18%
Compensation 35 %
Opportunities to use skills and abilities
47 %

32. Testing 2:
Human resource Management includes
various activities including production
forecasts
1. True 2. False

33. Testing 2:
Human resource Management includes
various activities including production
forecasts
1. True 2. False

34. Testing 3:
One of the HR managers Biggest
bugaboos regarding Performance
Management is : …….

35. Testing 3:
One of the HR managers Biggest
bugaboos regarding Performance
Management is :
Assigning ratings

36. Testing 4:
A Recent Study (2012 May) by the
Ladders, A New York based Job
Matching Services, reports: …………..
time to decide on candidates Good fit

37. Testing 4:
A Recent Study (2012 May) by the
Ladders, A New York based Job
Matching Services, reports: 10 seconds
time to decide on candidates Good fit.

40. 40

41. 41

42. Thanks !!!
Lets move forward next time
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