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GOOD AFTERNOON

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good afternoon & welcome sekhar.s.iyer, vp-hr, rei electronics,mysore prelude-1 it is h r(employees) who leverage resources reset boundaries bring new value to ... – PowerPoint PPT presentation

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Title: GOOD AFTERNOON


1
GOOD AFTERNOON WELCOME
  • SEKHAR.S.IYER,
  • VP-HR,
  • REI ELECTRONICS,MYSORE

2
PRELUDE-1
  • IT IS H R(Employees) WHO
  • LEVERAGE RESOURCES
  • RESET BOUNDARIES
  • BRING NEW VALUE TO ORGANISATIONS
  • BOOST STAKE HOLDERS CONFIDENCE
  • PROVIDE THE COMPETETIVE EDGE
  • THROUGH INNOVATION AND CREATIVITY KEEP THE
    PRODUCTS LIVE

3
PRELUDE-2
  • HR- THE MOST VALUED RESOURCE
  • PEOPLE ARE UNIQUE TO ANY ORGANISATION
  • TECHONOLOGY CAN BE COPIED BUT NOT THE CULTURE

4
HRM RESTRUCTURED
  • 1/3 OUTSOURCED
  • 1/3 BACK TO THE SHOP FLOOR
  • 1/3 COMPUTERISED
  • ????

5
HRM REDEFINED
  • NO MORE AN ISOLATED ISLAND
  • INTEGRATED WITH OTHER FUNCTIONS
  • BUSINESS PARTNER
  • ENABLING PROCESS
  • FACILITATOR

6
HRM REDEFINED
  • AGENT OF CHANGE
  • EMPLOYEE CENTERED APPROACH
  • EMPLOYEES ARE RESOURCES/PROFIT CENTRES
  • HRM BECOMES A STRATEGIC FUNCTION
  • THIN LINE BETWEEN DOMESTIC AND GLOBAL HRM

7
HR MANAGER BECOMES
  • TEAM BUILDER
  • KNOWLEDGE GENERATOR
  • KNOWLEDGE DISSEMINATOR
  • SYNERGISER
  • ENTREPRENEUR
  • BUSINESS PARTNER
  • CULTURE BUILDER
  • PERFORMANCE MANAGER

8
NEW HR MECHANISMS
  • CONTINUOUS JOB REDESIGN
  • TRAINING TRANSFER
  • TEAM BUILDING
  • REWARD STRUCTURE
  • QUALITY OF WORK LIFE
  • ETHICAL WORK CULTURE
  • CAREER DEVELOPMENT
  • RIGHT SIZING

9
CHALLENGES
  • SOURCING
  • SKILL DEVELOPMENT(TRAINING TRANSFER)
  • BUILDING TEAMS THAT PERFORM
  • RETAINING COMPETENT PEOPLE/PREVENTING ATTRITION
  • PERFORMANCE FACILITATION
  • BUILDING ORGANISATIONAL CAPABILITIES

10
CONTRIBUTING FACTORS OF HR THAT ADD VALUE
  • PERFORMANCE MEASUREMENT SYSTEM MANAGEMENT
  • MANAGING QUALITY MANPOWER SHORTAGE
  • IR MANAGEMENT-PRODUCTIVITY LINKED WAGE SETTLEMENT
  • VRS

11
HR COMPETENCIES FOR COMPETITIVE ADVANTAGE
  • HR WILL BE A MAJOR SOURCE OF COMPETETIVE
    ADVANTAGE
  • HR ROLE IS INCREASINGLY AND STRATEGICALLY
    PROACTIVE
  • HR NEED TO TRANSFORM WITH THE CHANGING BUSINESS
    SCENARIO
  • SUCCESS OF ORGNS WILL DEPEND ON HOW QUICKLY HR
    MANAGERS ACQUIRE THE COMPETENCIES

12
REDEFINED HR COMPETENCIES
  • BUSINES KNOWLEDGE
  • CHANGE MANAGEMENT
  • SERVICE ORIENTATION
  • DIVERSITY MANAGEMENT
  • EXECUTIVE EXCELLENCE
  • FINANCIAL PERSPECTIVE
  • DOMAIN EXPERTIE
  • PERSONAL CREDIBILITY
  • IPR SKILLS
  • STRATEGIC THINKING

13
STRATEGIC HRM FOR EXCELLENCE
  • HR STRATEGY IS LONG TERM DIRECTION OF HR FUNCTION
  • BEST OPTIONS SUITED TO AN ORGANISTION TO MANAGE
    ITS HR
  • ENABLES AN ORGN. TO REMAIN EFFECTIVE IN MANAGING
    ITS HR WITH THE CHANGING BUSINESS ENVORINMENT

14
STRATEGIC HRM
  • BUSINESS BRINGS OPPORTUNITIES ALSO THREATS
    ALONG WITH IT
  • THE TURBULENT SITUATION HAS MADE US TO THINK IN
    THE DIRECTION OF MANAGEING HR IN LINE WITH
    BUSINESS
  • STRATEGIC HR CAN BE EXAMINED ONLY IN THE CONTEXT
    OF BUSINESS SCENARIO IN WHICH THEY OPERATE
  • ORGANISATIONS ADOPT MESURES LIKE RESTRUCTURING,
    BPR,RIGHTSIZING ETC.
  • DEALING WITH HR IS INCREASINGLY CHALLENGING

15
FRAMEWORK FOR INTEGRATING HRM WITH BUSINESS
STRATAEGY
  • LINKING HR POLICIES WITH THE STRATREGIC
    MANAGEMENT PROCESS-VISION, MISSION AND CORE
    VALUES
  • INTEGRATION OF MIMPORTANC EOF HR IN LINE
    MANAG4EMENT
  • INTEGRATION OF WORKERS INTO THE ORGN-IDENTITY OF
    INTEREST
  • FIT BETWEEN COMPETITIVE STRATEGY INTERNAL HR
    STRATEGY

16
INTEGRATING HR WITH BUSINESS STRATEGY
  • EXTERNAL CHANGES DRIVE MGMT TO MAXIMISE THEIR
    INVESTMENT IN HUMAN CAPITAL
  • INTEGRATION HR WITH BUSINESS STRATEGY WILL ENSURE
    THAT EMPLOYEES UNDERSTAND THE RATIONALE FOR
    CHANGE AND ACCEPT CONTEMPORARY MGMT PRACTICES

17
INTEGRATION FRAMEWORK
  • SHAPING THE WORK ENVIRONMENT
  • ETHICAL WORK CULTURE
  • DEVELOPING ORGANISTIONAL COMPETENCIES-SOURCING,
    TRAINING PERFORMANCE MGMT, ETC
  • SHARED VISION, MISSION AND VALUES
  • PERFORMANCE ACCOUNTABILITY
  • CONTINUOUS LEARNING

18
INTEGRATION FRAMEWORK
  • INVOLVING HRM IN FRAMING STARATEGIC BUSNSIESS
    PLAN(SBP)
  • INVOLVING HRM IN FORMULATING AOP
  • CORPORATE DRIVEN HR INITIATIVES PERIODIC REVIEW
  • HR IN THE STEERING COMMITTEE OR APEX COMMITTEE
  • HR IN VARIOUS CFTs MFTs
  • INVOLVING HRM IN CERTIFICATION PROCESS-ISO, QS,
    TS ETC

19
THANK YOU BEST WISHES
  • SEKHAR.S.IYER
  • CONNECTIVITY mysoreiyer_at_gmail.com
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