...Chenise Wade HRMN 495 05 Oct 2015 HR Competencies of the 21st Century The old-fashioned role of HR in the 21st century is shifting into adding HR into organizational business development, which augments extra elements to the distribution of HR services. “In this new role, HR professionals who are managers and supervisors must take on the evolving roles of business partner, change agent, and leader in new organizational structures different from the past” (Business journal, 2008). The purpose of this paper is to expand upon six competencies that are beneficial to human resource professionals in this day and time. A competency can be described as “the success factors that enable the assessment, feedback, development, and reward processes for individuals to take place” (UMUC, 2015). Essential competencies act as the body of knowledge and expertise that each person requires. These can be established through teachings and are quite simple to recognize. Differentiating competencies differentiate higher performance from mediocre performance. Such competencies consist of self-concepts, personalities, and intentions; and while they are tough to cultivate, they can define lasting attainment in the workforce. “With a valid competency-development methodology, one can define, measure, and reward these competencies. Strategic competencies include those that are "core" competencies of the organization. These tend to focus on organizational capability and include competencies that create...
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...Human Capital Trends 2014 Engaging the 21st-century workforce A report by Deloitte Consulting LLP and Bersin by Deloitte Contents Introduction | 2 | 7 Global Human Capital Trends 2014 survey: Top 10 findings Lead and develop Leaders at all levels | 25 | 35 | | 45 55 Corporate learning redefined Performance management is broken The quest for workforce capability Attract and engage Talent acquisition revisited Beyond retention | 75 | | 87 97 | 65 From diversity to inclusion The overwhelmed employee Transform and reinvent The reskilled HR team | 107 | 117 Talent analytics in practice Race to the cloud | 127 The global and local HR function Editors | 145 | 146 | | 137 Acknowledgements Global Human Capital leaders Human Capital country leaders 147 | 148 Global Human Capital Trends 2014: Engaging the 21st-century workforce Introduction Engaging the 21st-century workforce S we begin 2014, global organizations have left the recession in the rear-view mirror and are positioning themselves aggressively for growth. Sluggishness has given way to expansion. Retrenchment has been replaced by investment. The need for caution has been superseded by the need to take action. Yet as the economic recovery takes hold, businesses realize that the workforce today has changed. Skills are scarce, workers have high expectations, and Millennials are now in charge. Enter the 21st-century workforce. The 21st-century workforce is global, highly connected...
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...It is an essential role that is eventually played by every manager. HRM is basically about how one manage its people in a effective way in order to gain more productivity and HR means ‘human resource’ that show the people viewed as a resource in an organization, if effectively managed can bring productivity and can be a competitive advantage for an organization. Before putting an argument on how HRM is influencing in a competitive world we need to realize that HR is more than maintaining personnel functions. Corporate and economic development dictated that businesses to remain competitive, needs to view HRM as an evolutionary function. In this essay certain issues and challenges have been discussed that influence HR to remain competitive in this modern world. Firstly it is told about employees are the competitive advantage of a company and to manage it effectively is the primary goal of an organization. This essay is also about how workforce diversity can bring positive and negative impact on organization it is also about how rapid technological changes and globalization had bring challenge for HR professional. The basic point on which this essay focus is about how HRM is actually influencing in the competitive world. In this modern world, where company’s competitive advantage is its employees, their HR has to act as a strategic partner, According to Herzberg views competent employees are the hygiene factors and high performance work systems are motivator in this today’s business...
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...International Human Resources 1- Is HRM a fashion or is it here to stay? What is the probability that HRM will be the dominant framework for people management in the 21st century? HRM has evolved from a number of different strands of thought and is best described as a loose philosophy of people management rather than a focused methodology. It derives largely from the 20th century but incorporates older notions about the management of people at work. These ideas have many different roots and they do not fit comfortably within one coherent and self-consistent body of knowledge. One major point of debate has been the difference - if any - between HRM and 'traditional' personnel management. The evolution of HRM continues today as new management theories, fashions and fads are developed. Human resource outsourcing has grown considerably in recent years. The Society for Human Resource Management (SHRM) conducted a poll in August 2008 to gauge the prevalence of HR outsourcing as well as the future plans for it. The research, where applicable, compares the results of the 2008 poll with results of a 2004 survey on the same topic. To answer the question ‘Is HRM a fashion or is it here to stay? What is the probability that HRM will be the dominant framework for people management in the 21st century?” we need to talk first about the past and the future of human resources management and the way it evolved this past few years. Human resource management is undergoing a massive...
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...Human resources planning is a process that identifies current and future human resources needs for an organization to achieve its goals. Human resources planning should serve as a link between human resources management and the overall strategic plan of an organization. Aging worker populations in most western countries and growing demands for qualified workers in developing economies have underscored the importance of effective Human Resources Planning .As defined by Bulla and Scott, human resource planning is ‘the process for ensuring that the human resource requirements of an organization are identified and plans are made for satisfying those requirements’. Reilly defined workforce planning as: ‘A process in which an organization attempts to estimate the demand for labour and evaluate the size, nature and sources of supply which will be required to meet the demand. Human resource planning includes creating an employer brand, retention strategy, absence management strategy, flexibility strategy, talent management strategy, recruitment and selection strategy. Human resource planning aims at fulfilling the objectives of manpower requirement. It helps to mobilize the recruited resources for the productive activities. The human resource planning is and important process aiming to link business strategy and its operation. The planning processes of most best practice organizations not only define what will be accomplished within a given time-frame, but also the numbers and types of...
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...the HR strategy is in alignment with the business strategy. In order to ensure the HR strategy is aligned with the business strategy, HR needs to be proactive. It is HRs responsibility to identify the necessary skills to do the job and successfully recruit, promote, and evaluate based on those skills. According to the VP of the Center for Workforce Preparation at the U.S. Chamber of Commerce, Beth Buehlmann, she says that 75% of today’s workforce will need additional training “just to keep the jobs they have today” (Morden, 2013). Every company’s HR strategy needs to have a vision which is a picture of the anticipated future, a mission that is strong and convincing, goals that lead to the achievement of the needs and wants, strategy to achieve those goals, and initiatives to implement the strategy (Wheeler, 2012). Describe the HR job position and the responsibilities listed for that HR department. The Marriott HR department position is headed up by the HR Coordinator. This position is responsible for supporting recruitment, training, benefits, payroll, performance appraisals, and career development. Implementation of HR programs and initiatives is the responsibility of the HR Manager which requires the support of the HR Coordinator to ensure the proper execution (Job Descriptions, 2006). Determine which HR job positions you would prefer and explain why. The preferred HR job position would be the HR Manager. There are many reasons why this is such a vital role. The HR Manager...
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...Challenges of business leaders and HR managers when managing the 21st century workforce ” A company’s workforce represents one of its most valuable resources: for this reason the way this workforce is managed represents a critical element in enhancing internal effectiveness and improving the organization’s competitiveness” (Rennie 2003)”. Introduction Most HR management systems available in most firms were formed at a time when business and technological practices were completely different. As the world is becoming more economic globalized so is the workforce. The 21st century workforce will consist of multi-generational team and a mix of minorities. With a more diverse and complex workforce, the challenges facing the HR managers also expands. There are several issues faced by contemporary business leaders. First is globalization-which is the present flow of capital, goods, services, ideas, people, and information virtually. Second is talent acquisition and talent management issues- HR Administrations are still struggling with managing their talent efficiently. Most corporate employment and talent meanings are reactive and hardly are they future focused. Third is fruitful human capital administration-the explanation to handling your multi-generational staff. As we move towards 2020 there will be four generations working side by side, how can we accomplish knowledge transfer and maintain good team work when there exists intergenerational problems due to generational differences...
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...Introduction: The processing and transmission of digitalized HR information is called electronic human resource management (e-HRM). E-HRM is the application of IT for HR practices which enables easy interactions within employee and employers. It stores information regarding payroll, employee personal data, performance management, training, recruitment and strategic orientation. Information technology is changing the way HR departments handle record keeping and information sharing. It decreases the paperwork substantially and allows easy access to voluminous data. The employee can also keep track of his/her achievements without having to go through litigious procedures. It uses intranet or other web technology channels. It can also be used for implementation of different HR strategies. The authorization of different HR functions can be distributed through E-HRM. Competitive business environments have compelled the organizations to think speedily to innovate and excel for their survival. Technology advancement is one of the powerful driving forces. It has reshaped the way we communicate, live, work and also the way a business is conducted. Corporations need to shift from physical technology to information technology, from capital centered economy to human centered economy, and further from conflict to cooperative working relationships. Since many years now, information technology seems to be affecting individuals and organizations communication and behaviors. The change in Information...
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...A Report On HR Practices in GrameenPhone Limited [pic] [pic] [pic] [pic] HR Practices in GrameenPhone Limited Prepared For M. Nazmul Amin Majumder BRAC Business School, BRAC University Prepared By Sabit Rahman Tanim ID: 12264021, Sec.-01 MBA Program [pic] BRAC University Date of Submission: 20 April 2014 LETTER OF TRANSMITTAL 20 April 2014 M. Nazmul Amin Majumder, Ph.D. BRAC Business School, BRAC University Submission of a Report on HR Practices in GrameenPhone Limited Dear Sir, I am highly pleased to submit my report on “HR Practices in GrameenPhone Limited”. In preparing this report I have tried my level best to accumulate relevant information from all the available sources. This report attempts to describe my observations and learning during the course (HRM-502) period. I am very much glad that you have given me the opportunity to prepare this report for you and hope that this report will meet the standards of your judgment. Any limitations in this report will subject to your kind of full consideration. Yours Sincerely, Sabit Rahman Tanim Acknowledgement First of all I would like to thank almighty Allah who has given me the opportunity to complete this report. After that I would like to thank my honorable course instructor M. Nazmul Amin Majumder for his leadership...
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...Evolution of Human Resource Management 21st Century HR Helping to determine the companies' overall direction, HR departments focus on building organizational capabilities using employee management and development strategies that align with organizational goals. World War I & The emergence of HRM as profession (1911-1914) 20th century witnessed severe labor unrest due to the employment-at-will doctrine and yellow-dog contracts that allowed employers to fire employees at will. Quality of Work life Era (1960s-1990s) HR as an asset and not a liability Prevalence of Labor unions became significant and the personnel department was used to resolve wage-related issues and other differences between the union and management. The personnel manager was responsible for employee attendance, labor-dispute management and general compliances of employee health and safety requirements. Recruitment section of the personnel department dealt mainly with selecting labor employees, along with a few salaried professionals. The Personal Management (1935-1970) Prevalence of Labor unions became significant and the personnel department was used to resolve wage-related issues and other differences between the union and management. The personnel manager was responsible for employee attendance, labor-dispute management and general compliances of employee health and safety requirements. Organizations set up management teams to handle various facets of business. Personnel department’s...
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... Money, and Resources 5.5 Economic and Market Pressure 5.0 Evaluation on Strategies 6.0 Conclusion 7.0 References 1.0 Introduction Human resource management is a system, which manages important dimensions of human resource such as policies, practices, and structure of the company that would have impact upon employees’ behavior, attitudes, and performance. Strategic human resource management (SHRM) is a specified strategy, which is specifically designed to enable businesses and corporation to archive their goals as well as their employees’ needs. Moreover, Michie and Sheehan (2005) provide the definition of strategic human resource management as is the process of structurally planned HR tasks and deployment with the intention of enhancing an organization or company to gain its aims. 2.0 Strategic Human Resource Management Strategic human resource management is established through the process of analyzing and design of work, human resource planning, recruiting of employees, selecting employees, training and developing employees’ skills, compensating, performance managing, and employees relating (Noe, 2007). In order to produce certain products and services, tasks that needed to be carried out would need to be grouped together to form jobs. As ideally, jobs would be grouped together with the meaning of operating efficiently in the company’s best interests, analyzing and designing jobs is the first step of SHRM. With this step, fully...
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...What can human resources (HR) do to ensure employees are competitive in the 21st century business world? How has HR’s role change over the past few years? Nowadays the direction of human resources goes beyond the staff direction; the human factor has a great weight in the formulation and implementation of strategies, given its capacity to help to strengthen the competitiveness and development of enterprises in a turbulent environment. The human factor is considered a decisive factor in the development of the companies, employee motivation, efficiency and productivity. To ensure the employees competitiveness, the human resources management must understand and adapt to the changing workplace of the 21st century companies. The construction of alliances between companies and the use of technology are also the key to progress. The vision of human resources should be directed towards network style hierarchies instead of the traditional pyramid. The integration of customers, suppliers, collaborators and employees provides companies the advantage of working direct and quickly with what consumers really wants and need. Not only human resources must attract and retain the right and talented people. It is necessary to create and maintain the best working culture that delivers quality, safety and motivation to employees to remain faithful and productive. It is necessary for organizations to create organizational cultures with reward systems that keep the best people committed...
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...critical since it’s the knowledge, skills, and abilities of their employees that determines these companies’ efficiency, innovation, and ultimately, financial achievements.” (Ribbons, Coulter, 2014, p. 409) “Businesses around the world are currently experiencing a profound market shift that will impact the supply and demand for skilled talent over the next decade. A race between technology and education as technology fuels demand for highly skilled workers, while emerging economies increase the supply of talent through greater access to education. Rapid globalization and the transformation of business models in virtually every industry will affect workforce needs in the future, and the implications for senior business executives and their HR leaders.” (Retrieved from http://www.towerswatson.com/en/Press/2012/07/Companies-Facing-a-Global-Shift-in-the-Supply-and-Demand-of-Talent 2. What’s the meaning behind the “search for the purple squirrel” in relation to spotting talent? Is this relevant to non-tech companies, as well? Discuss. “A purple squirrel is a metaphor used by recruiters and human relationship managers to describe the perfect job candidate. Because squirrels in the real world are not often purple, the implication is that finding the perfect job candidate with exactly the right qualifications, education and salary expectations can be a daunting – if not impossible -- task.” (Retrieved from http://whatis.techtarget.com/definition/purple-squirrel) As pressure has...
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...The main theme of HR SHARE 2014 is “HR Change and Transformation” It has several sub-themes too. The conference is designed around themes and topics which are aligned to the various complexities that surround business. Main Theme: HR CHANGE AND TRANSFORMATION To accelerate organizational growth and be able to compete on a regional scale and beyond, human resources managers cannot simply follow the traditional paths they used to get the organization where it is today; instead, they need to transform themselves. In other words, HR practitioners need to expand their perspective and explore the world beyond the general HR attributes -- the overall business landscape, the clients as well as the competition. The various challenges facing hr are: Workforce diversity, mobility of talent, problems related to emerging world, strategic talent management etc. The transformation also poses a new challenge to the various HR practitioners that is to develop and demonstrate a new set of competencies to fulfill their changing roles and responsibilities. The implication for HR leaders is clear: HR must be capable of responding to the company's evolving human capital-related needs through the delivery of HR programs and services. What are the steps that should be taken to design intervention for this transformation? How can HR processes are being re-thought, and organizational designs are being re-drawn? The Sub themes for the conference are as follows: PRESENTATION: SUPPLY CHAIN MANAGEMENT...
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...Art Brooks, Bene Trac is talking about top myth in HR. He wants to know actually what the best in HR really makes the best. He believes that HR need continuous talent; update education, compensation and employee relation. He says that the combination of whole these factors gives lives of individual working for the company. Hear below he is focusing on different myth which surround HR. Like HR as cost center, HR role, employee capabilities / technology prevalence, and at last not all her tools are created equal. According to Art Books one of the top myths about HR as a cost center, HR cost is the major part of the prime cost. So, it is a cost center. To recruit, develop, train, motivate and maintain also include cost. To retain good employee within organization also should compensate and create advancement opportunity to them. But retaining cost is less than that of hiring and training cost to new employee. Second myth is HR's role: Strategic and/or tactical; most of the tasks of HR manager are tactical and less strategic. But nowadays it is important towards the betterment i.e. strategic. Though company culture often sets the stage, HR practitioners must actively seek key areas for improvements for themselves, their roles and for the company and take action to defend their role where possible. Third myth is Employee capabilities/ technology's prevalence; today's youngster employee has access on information technology. So, HR manager should use technology to collect, store,...
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