Professional Documents
Culture Documents
A)Human resource planning is used to describe "right person doing the job".It includes
planning of staff retention ,planning for candidate search,training and skill analysis.It is
the process of acquiring and utilizing human resources in an organisation.The main
objective is to have the right number of employees in an organisation.
Main objectives:
·1 To retail highly skilled staff:In this competetive world it is very important for the
organisation to retain skilled staff.Thus organisations should do the
following:a)Monitor the extent of resignations.b)Discover the reasons for
it.c)Establish what is costing the organisation.d)Compare loss rates with other
organisations.
·3 To find out the procedure for recruiting managers:Many senior managers are
troubled by this issue.They have seen traditional career path disappear.They have
had to bring the senior staff from elsewhere.But they recognise that while this
may have helped them deal with a short term skilled shortage it has not solved
the longbterm questions of managerial supply.To address this question you need
to understand:a)the present career development system.b)The organisation
future supply of talent.c)The charecteristics of those who are currently occupying
senior position.
Comparative approach:
In this approach, another division or company that has better practices or results is
chosen as the model. The audit team audits and compares the audited firms results with
the best practices of the model organization. This approach is commonly used to
compare theresults of specific activities or programs. The approach is often used with
turnover, absence, salary data and staffing levels. It helps detect areas where
improvement is needed. It also makes sense to compare where aprocedure is being used
for the first time.
Outside authority:
In this approach, standards set by a consultant or taken from published research findings
serve as the benchmark for the audit team. The consultant or research findings may help
diagnose the cause of problems.
Statistical:
This approach relies on performance measures drawn from the companys existing
information system. From existing records, the audit team generates statistical standards
against which activities and programs are evaluated. With the mathematical standards
as a base, the team may uncover errors while they are still minor. Often this approach is
supplemented with comparative data from external sources such as other firms, or
industry association surveys. The information is usually expressed in ratios or formulas
that are easy to compute and use.
Compliance approach:
This approach reviews past practices, to determine if actions taken followed legal
requirements and company policies and procedures. The audit team here often
examines a sample of employment, compensation, discipline and employee appraisal
forms. The purpose of the review is to ensure that the field offices and the operating
managers have complied with internal rules and legal regulations, such as minimum
wages and equal employment opportunity laws. By sampling elements of the human
resources information system, the audit team looks for deviations from laws and
company policies and procedures. The team can then determine the degree of
compliance achieved.
Management by Objectives (MBO):
In this management by objectivesapproach, managers and specialists set objectives in
their area of responsibility. Then they create specific goals against which this
performance can be measured. The audit team researches actual performance and
compares it with the previously set objectives. They can then evaluate the trends in this
area.
Q.4)What do you mean by HR scorecard?
A)The HR Scorecard argues that HR measurement systems must be based on a clear
understanding of organizational strategy and the capabilities and behaviors of the
workforce required to implement that strategy.Thus, an HR Scorecard is a mechanism for
describing and measuring how people and people managementsystems create value in
organizations, as well as communicating key organizational objectives to the
workforce.The goal of an HR scorecard is to help businesses determine the value of their
human resources departments.The challenge often is daunting because unlike most
departments or divisions within a company, measurementtools traditionally.
The HR scorecard framework was specifically designed for the following reasons:
It reinforces the distinction between HR do-ables and deliverables:
A good audit system must clearlydifferentiate between the deliverables that influence
strategy implementation and do-ables that do not. Policyimplementation is not a
deliverable until it has a positive effect on the HR architecture and creates the
rightemployee behaviours that drive strategy implementation. An appropriate HR
measurement system willencourage HR professionals to think both strategically as well
as operationally.
lt helps in controlling cost control and value creation:
lt is the responsibility of HR to minimise the cost of the firm but at the same time, HR
has to fulfill its strategic goal, which is to create value. The HR scorecardhelps HR
professionals balance the two and find the optimal solution. It allows HR professionals to
drive outcosts where appropriate, but at the same time it helps to create value for the
firm by retaining good humanresources.
It measures leading indicators:
There are drivers and outcomes in the HR value chain along with leading andlagging
indicators in the overall balanced performance measurement system. It is thus
important to monitor thealignment of the HR decisions and systems that drive the HR
deliverables. Assessing this alignment provides feedback on HR‟s progress towards these
deliverables and lays the foundation for effective HR strategies.
lt assesses HR’s contribution to strategy implementation:
The cumulative effect of the HR scorecard‟s deliverable measures provides the answer
to the question regarding HR‟s contribution to a firm‟s performance.All measures have
a credible and strategic rationale. Managers can use these measures as solutions to
business problems. It lets HR managers to manage their strategic responsibilities: The
scorecard motivates the HR managers to focus on exactly how their decisions shape the
successful implementation of the firm‟s strategy.
This is due to the systemic nature of the scorecard that covers all the aspects. Therefore
it provides a clear framework. lt encourages flexibility and change: ln this era of an ever-
changing business environment,standardised patterns do not work well. The changes are
required even in the HR policies with the change in business environment. The basic
nature of the scorecard with its causal emphasis and feedback loops helps tightagainst
measurement systems getting too standardised. Every decision needs to be taken based
on past andfuture scenarios. One of the common problems of measurement systems is
that managers tend to get skilled toobtain the right numbers once they get used to a
particular measurement system. The HR scorecard provides the flexibility and change
because it focuses on the firms strategy implementation, which constantly demands
change.