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Essentials of HRM
Essentials of HRM
Answer:
There are so many methods of forcasting the demand as after a huge pandemic the world is
returning to its normal position therefore it is necessary to forcast demand for the future.Every
organisation is essentially a blend of material and Human Resource (HR). Material refers to
money and machines pre-arranged by organisations for production or trade. Human Resource,
her hand, refers to the knowledge, education, skills, training and ability of the members of the
organisation. Human resources are the most valuable and unique assets of an organisation. The
successful management of an organisation's human resources is an exciting, dynamic and
challenging task, especially at a time when the world has become a global village and
economies are in a state of change. The scarcity of talented resources and the growing
expectations of the modern-day worker have further increased the complexity of the human
resource function.Human resource planning is a forward-looking function. It tries to assess
human resource requirements in advance keeping market fluctuations, demand forecasts and
availability of right candidates, etc., in the background. According to Terry, Human Resource
Planning (HRP) is a set of tasks that include estimation of how many qualified people are
necessary to carry out the assigned activities; how many people will be available; and what, if
anything, must be done to ensure that personnel supply equals personnel demand at an
appropriate time in future.
Demand forecasting: HR demand forecast is the process of estimating the future quantity and
quality of people required. This forecast is derived from long term corporate plans translated
into activity levels for each function and department. Demand forecast depends upon several
factors such as: competition (both foreign and domestic), economic & legal climate, budget
constraints, production levels, new products and services, organisational structure and so on.
QUESTION 2
Answer: An induction program is a very important step when new employees join an
organisation. It provides an introduction to the working environment and the role of the
employee in the organisation. Induction covers the employer and employee rights and, the
terms and conditions of employment. An induction program definitely covers any legal and
compliance requirements of the organization. Also it definitely tells employees about the health
and safety precautions to be taken in certain situations. Induction is meant to enable a new
employee to become productive and get integrated with the team faster and hence start feeling
good about his/her joining the new firm. The aim is not to “throw someone into the deep end”.
But to create an environment for the new employee to become productive and part of the team
in a manner that the person will be able to quickly start performing and also start undertaking
large responsibilities. The idea is that an employee should not be expected to perform without
understanding how to do their job, or how their role fits in with the rest of the company. A
good induction programme can increase productivity and reduce short-term turnover of staff.
You will be given a domain in which you will be trained in the induction program.
First 3 days - Pinnacle - About Wipro polices, Spirit of Wipro, Ethics, Work life at Wipro, etc.
Next 7 days - English fluency - As most of the clients are of US and Europe, these 7 days will
help you in gearing up your pronunciation. It is a fun filled module where you need to repeat
after a voice in the computer. Now the programmatic training starts. This program is divided
into 3 stages.
TRP 1 - 20 days: This stage is called technical readiness program 1 (TRP 1). It is around 20
days depending upon your domain. Consists of Basics about your domain. End of this stage
there will be a test with MCQs, no negative marks.
TRP 2 - 20 days: Consists of learning advanced topics in your domain area. This stage will
also end with a test which can be live programming or documentation.
RLL - 15 days: Real life Lab. A small project will be given and you will be divided into teams
consisting 2 to 3 people. U have to prepare documentation & PPT on that project and possibly
code that project. It is not as tough as it sounds. Marks based on your work.
All marks in stages are combined and you need to get a minimum of 75%.
Induction is very important phase for the employees and companies should conduct induction
in a unique way possible as traditional ways of induction are not effective these days. In the
current scenario, there are so many innovative ways to introduce employees in the company
and companies use the particular approach as per their work environment and culture.
Company may also focus on some small points like involve them in company traditions, give
them a welcome box/gift, try to have positive start with them so that they feel valued from the
very beginning etc.
QUESTION 3
Answer:(a) Career management is defined as the “Lifelong, self-monitored process of career
planning that involves choosing and setting personal goals, and formulating strategies for
achieving them”. It is a partnership of well-organized planning and the active management
option of an individual’s own professional career. At the end of a successful career
management exercise the employee should feel a sense of personal fulfillment, a work-life
balance, achievement of goals and financial security.
Career mana: gement processes in different organizations are focused on one or more
Development of overall goals and objectives of individual career
Development of a strategy to achieve goals and objectives of organization
Development of specific means (policies, rules, regulations and activities) to
accomplish the strategy
Review progress by a systematic assessment and to change the strategy, if required.
As far as career planning method is concerned, there should not be any one particular method
for the same. As there are so many employees with different designation, skills, performance
and requirements, company should follow career planning process and accordingly proceed
further. There must be below mentioned points in a career planning process which new HR
manager should be clear about:
Individual assessment
Many people begin their careers without any formal assessment of their abilities, interests,
career needs and goals. This phenomenon of people entering their jobs, occupations and careers
with little attention to career planning and then feeling disengaged is known as career drift.
Organisational assessment and opportunity analysis
For an employee’s goals and aspirations to be fulfilled, a basic requirement is that the goals
must be realistic and achievable. They have to be realistic not only in terms of the employee’s
own capabilities, but also in terms of the organisation’s possibilities.
Need – opportunity alignment
The organisation plays an important role in helping the employee make this alignment. The
organisation also has to make its own alignments to match the aspirations with the
organisational opportunities.
Career counselling
This is the final stage of career planning. The supervisor as well as the HR department, has to
counsel the employee regarding the available opportunities, the employee’s aspirations and of
course, his competencies.
b) Succession planning is a technique for identifying and developing internal employees with
the potential to fill important organizational positions. Succession planning ensures the
availability of experienced, skilled and competent employees that are prepared to assume these
roles as they become available. Succession planning increases the progress of qualified
employees from individual contributors to managers and leaders. Thus:
It prepares present employees to undertake key roles
It develops talent and long-term growth of employees
It improves workforce capacities and performance of employee
It improves employee commitment and thus enables retention of employees
It ensures its support to employees throughout their employment term
It meets the career development requirements of existing employees
It understands the increasing difficulty of recruiting employees externally
It focuses on leadership continuity and improved knowledge sharing
There is a structure for designing and executing a strong succession planning program that
helps an organisation to achieve its goals. So, a proper decision should be taken as to who
should be involved, what kind of tools help in decision making, and what are the key success
factors that distinguish from other organisations to produce top-quality leaders on a continuous
basis.
Its succession planning process works in compliance with the company’s vision statement ‘To
be a globally respected corporation that provides best-of-breed business solutions, leveraging
technology, delivered by best-in-class people.’ This is the reason that when company’s chief
mentor and chairman, N R Narayana Murthy, retired in 2006, the company was well prepared
for the smooth transition of the leadership and authority.
Training programs: Succession planning makes sure to develop the current employees
so that they are useful to the organization in the long-term, even for higher positions as
well. For this, organizations conduct various training and performance management
programs.