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CHECKLIST
1) Text book
2) Assignments # 1 & 2
3) Course outlines
4) Assignment 6 forms (2 sets)
5) Assignment submission schedule
Note: In this packet, if you find anything missing out of the above-mentioned material,
please contact at the address given below: -
WARNING
1. PLAGIARISM OR HIRING OF GHOST WRITER(S) FOR SOLVING
THE ASSIGNMENT(S) WILL DEBAR THE STUDENT FROM AWARD
OF DEGREE/CERTIFICATE, IF FOUND AT ANY STAGE.
2. SUBMITTING ASSIGNMENTS BORROWED OR STOLEN FROM
OTHER(S) AS ONE’S OWN WILL BE PENALIZED AS DEFINED IN
“AIOU PLAGIARISM POLICY”.
Your Solutions
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Helping Material
HR and Competitive Advantage
In order to have an effective competitive strategy, the company must have
one or more competitive advantage, factors that allow an organization to
differentiate its product or service. Wal-Mart builds its low cost leader
strategy on the dual competitive advantage of a satellite based inventory
and distribution system, and on employment policies that help it to
achieve extraordinary low employment costs. Southwest Airlines achieves
low cost leader status through employment policies that produce a highly
motivated and flexible workforce. Its workforce is its competitive
advantage. Larger airlines like Delta, faced with union rules and restrictive
work rules and salary structures, find it hard to compete with Southwest,
whose employees eagerly rush to ‘turn around’ an airplane in a fraction of
the time it takes a Delta team. Every successful company has one or more
competitive advantages around which it builds its competitive strategy.
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Linking Corporate and HR Strategies:
Organizational Performance>
more at http://www.citeman.com/3230-hr-and-competitive-
advantage/#ixzz19PO7oXWY
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Gaining a Competitive Advantage
HRM can’t be summarized in less than 900 words, but some first
insights can be given in order to create interest in investigating the
issue and some ideas on what it deals with!
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understand the company and gain exposure and visibility to key
persons in the organization and part of a manager's job responsibility
may be to coach employees. Regardless of development approaches,
employees should have a development plan to identify the type of
development needed, development goals, the best approach for
development and whether goals have been reached. For development
plans to be effective, the employee and the company have
responsibilities that need to be completed.
Make labor costs more competitive while hedging off employee
relations problems and inequity perceptions via open communication
because management should realign pay structure and global
workforce to support changes to strategy for competing in markets.
Pay structure decisions influence strategy execution success by
influencing costs, employee perceptions of equity and the way
different structures provide flexibility and incentives for employees to
learn and be productive. Equity theory states social comparisons are
an important influence on how employees evaluate their pay, making
external and internal comparisons. In the other hand, pay
benchmarking surveys and job evaluation are two administrative
tools widely used in managing the pay level and job structure
components of the pay structure, influence employee social
comparisons. The nature of pay structures is undergoing a
fundamental change in many organizations: move to fewer pay levels
to reduce labor costs and bureaucracy and some employers shifting
from paying employees for narrow jobs to giving them broader
responsibilities and paying them to learn the necessary skills.
Pay is an important influence on employee's standard of living and
has two important implications as it can be a powerful motivator and
its importance means employees care a great deal about the fairness
of the pay process. However, as organizations differ in business and
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HR strategies, also effective pay strategy may differ from one to
another.
The roles required of HRM function have changed as people start
to recognize it as true source of competitive advantage, requiring a
transformation of HRM function from focusing solely on
transactional to an increasing focus in strategic activities. HRM today
play roles as an administrative expert, employee advocate, change
agent and strategic partner and the function must also deliver
transactional, traditional and transformational services and activities
to the firms, being efficient and effective.
http://www.shvoong.com/business-management/human-resources/2005925-
human-resource-management-gaining-competitive/
HR as strategic partner is gaining momentum as being one of the best
way yet in making human resources as the most important asset in
an organization.
The Importance of Making HR as Strategic Partner
Partners do not hinder one another. They support each other to achieve
common objectives. This includes business objectives.
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It is said that the implementation of "HR strategic partnership is not easy."
HR people may hinder its implementation.
A strategic plan will ensure that your people will carry out their own
specific role in their assigned area of operation in partnership with other
employees.
These include:
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Use a simple approach, make effective use of technology, and either serve
most of your customers or serve a particular sector exceptionally well.
All of us are aware that customers include both internal and external
customers. Strive to serve both well.
Make sure HR is involved at both levels. If not, there is not much that HR
can contribute towards improving organizational performance.
But it does not mean we ignore employees at the operational level. Serve
well those involved in the day-to-day operations of the organization that
are closest to where the money is. These are the employees whose
activities generate revenue for your organization.
It is necessary that you identify these positions and the employees holding
those positions.
The Human Resource Manager is the key person in ensuring that people
play a strategic role in the organization.
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• In a knowledge economy, HR has an opportunity to become a
strategic partner. Knowledge and information are required to
formulate, implement and review strategies. Decide to become a
knowledge organization.
Line managers and supervisors resent it and will put the blame on HR
when problems arise.
And if you do so, it interferes with the effective use of line managers' and
supervisors' time in the day-to-day operations of the organization.
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Strategy Development and Implementation
Capable and committed people are needed at every level in order for this
to happen.
It is said that nothing changes except change itself. Change is inevitable for
the continued success of your organization. Manage them well to avoid or
minimize disruption in your organization's activities.
Other Pre-Conditions
Motivate them and engage their full attention with the view to ensure HR
truly becomes strategic partner.
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And always remember, effective and on-going communication is crucial to
ensure that everything is understood by every employee at every level. And
that things keep moving in the right direction according to plan.
Q. 2 (a) What is meant by job analysis? Explain how you would conduct a job
analysis? And how can you make use of the information it provides? (10)
A job analysis is the process used to collect information about the duties,
responsibilities, necessary skills, outcomes, and work environment of a
particular job. You need as much data as possible to put together a job
description, which is the frequent outcome of the job analysis. Additional
outcomes include recruiting plans, position postings and advertisements,
and performance development planning within your performance
management system.
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• articulation of the most important outcomes or contributions
needed from the position.
• training content
• assessment tests to measure effectiveness of training
• equipment to be used in delivering the training
• methods of training (i.e., small group, computer-based, video,
classroom...)
Compensation
Job Analysis can be used in compensation to identify or determine:
• skill levels
• compensable job factors
• work environment (e.g., hazards; attention; physical effort)
• responsibilities (e.g., fiscal; supervisory)
• required level of education (indirectly related to salary level)
Selection Procedures
Job Analysis can be used in selection procedures to identify or develop:
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• job duties that should be included in advertisements of vacant
positions;
• appropriate salary level for the position to help determine what
salary should be offered to a candidate;
• minimum requirements (education and/or experience) for screening
applicants;
• interview questions;
• selection tests/instruments (e.g., written tests; oral tests; job
simulations);
• applicant appraisal/evaluation forms;
• orientation materials for applicants/new hires
Performance Review
Job Analysis can be used in performance review to identify or develop:
The method that you may use in Job Analysis will depend on practical
concerns such as type of job, number of jobs, number of incumbents, and
location of jobs.
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temperature extremes. There may also be definite risks to the
incumbent such as noxious fumes, radioactive substances, hostile
and aggressive people, and dangerous explosives.
• Tools and Equipment Some duties and tasks are performed using
specific equipment and tools. Equipment may include protective
clothing. These items need to be specified in a Job Analysis.
• Relationships Supervision given and received. Relationships with
internal or external people.
• Requirements The knowledges, skills, and abilities (KSA's)
required to perform the job. While an incumbent may have higher
KSA's than those required for the job, a Job Analysis typically only
states the minimum requirements to perform the job.
(b) Describe the types of information typically found in job specifications. (10)
Q. 3 Do you think job rotation is a good method to use for developing management
trainees? Why or why not? (20)
Absolutely! We use teams to share the work where I am and each
individual brings certain skills to the table. Each also gets an
opportunity to lead a project. In some other lines of work, it is good to
do job rotation to break monotony of tedious job work, and to reduce
complacency and accidents. The more you know about why your
company does what it does, the better equipped your employees are
to do the tasks at hand.
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The student should look upon the assignments as a test of knowledge, management skills,
and communication skills. When you write an assignment answer, you are indicating
your knowledge to the teacher:
Your level of understanding of the subject;
How clearly you think;
How well you can reflect on your knowledge & experience;
How well you can use your knowledge in solving problems, explaining
situations, and describing organizations and management;
How professional you are, and how much care and attention you give to what you do.
To answer a question effectively, address the question directly, bring important related
issues into the discussion, refer to sources, and indicate how principles from the course
materials apply. The student must also be able to identify important problems and
implications arising from the answer.
For citing references, writing bibliographies, and formatting the assignment, APA format
should be followed.
ASSIGNMENT No. 2
(Units: 1–9)
You are required to select one of the following topics according to the last digit of your
roll number. For example, if your roll number is P-3427180 then you will select topic # 0
(the last digit): -
Topics:
1) Collective bargaining in an organization
2) Career planning
3) Performance management
4) Job evaluation
5) Labor market conditions
6) Training needs analysis
7) Designing training programs
8) Compensation strategy
9) Issues in labor management relations
10) Employee recruitment and selection process
WORKSHOPS:
The workshop presentations provide students an opportunity to express their
communication skills, knowledge & understanding of concepts learned during practical
study assigned in assignment # 2.
You should use transparencies and any other material for effective presentation. The
transparencies are not the presentation, but only a tool; the presentation is the
combination of the transparencies and your speech. Workshop presentation
transparencies should only be in typed format.
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WEIGHTAGE OF THEORY & PRACTICAL ASPECTS IN ASSIGNMENT # 2 &
WORKSHOP PRESENTATIONS
Assignment # 2 & workshop presentations are evaluated on the basis of theory & its
applicability. The weightage of each aspect would be:
Theory: 60%
Applicability (practical study of the organization): 40%
COURSE DESCRIPTION: This course covers the current issues within human
resource management, and provides a complete, comprehensive review of essential
human resource management concepts and techniques. Considering the intensely
competitive nature of business today, this course focuses on both the theoretical and
practical aspects of the broad human resource functions that all managers can use to deal
with their HR-related responsibilities, while being able to defend their plans and
contributions in measurable terms.
The theoretical discipline is based primarily on the assumption that employees are
individuals with varying goals and needs, and as such should not be thought of as basic
business resources, such as trucks and filing cabinets whereas HRM is seen by
practitioners as a more innovative view of workplace management than the traditional
approach. HRM is also seen by many to have a key role in risk reduction within
organizations.
This course starts with introduction to the role of human resource management, and then
covers recruitment and placement, training and development, performance management
and appraisal, managing careers, compensation, labor relations and collective bargaining,
ethics, justice, and fair treatment in HR management and employee safety and health, and
managing global human resources.
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DETAILED COURSE OUTLINES
UNIT–1 INTRODUCTION – HUMAN RESOURCE MANAGEMENT
The Strategic Role of Human Resource Management:
Importance of HR management
Line and staff aspects of HRM
The new HR manager proficiencies
Need to know your employment law
HR certification
HR and technology
The Strategic Human Resource Management and the HR Scorecard:
The strategic management process
Types of strategic plans
Achieving strategic fit
HR and competitive advantage
The HR Scorecard Approach:
- Creating an HR Scorecard
- Using the HR Scorecard approach
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- Comparing Performance Appraisal and Performance
Management
- Why Performance Management?
- Defining the employee`s goals and work efforts
An Introduction to Appraising Performance:
- Why appraise performance?
- Realistic appraisals
- Steps in appraising performance
- Graphic rating scale method
Appraising Performance: Problems and Solutions:
- Potential rating scale appraisals problems
- How to avoid appraisal problems
The Appraisal Interview
UNIT-6 COMPENSATION
Establishing Strategic Pay Plans:
- Steps in establishing pay rates
- Pricing managerial and professional jobs
- Competency-based pay
Pay for Performance and Financial Incentives:
- Money and motivation
- Employee incentives and recognition programs
- Incentives for managers and executives
- Team/group variable pay incentive plans
- Organization-wide variable pay plans
Benefits and Services:
- The benefits picture today
- Pay for time not worked
- Insurance benefits
- Retirement benefits
- Flexible benefits programs