Human Capital Management
Human Capital Management
Human Capital Management
Thus, in setting up with the new standardize benchmarks, organization are continuously
modifying and advancing up the HUMAN RESOURCE PRACTICES.
HUMAN
RESOURCE
Considerable effort of Human Capital Managers has been in the recent years
Bring out considerable change in the human resource practice , with the time
frame
Many a times, human resource practices are not viewed as a serious issue yet inspite
of the fact that organization possess best cutting edge technology , organization is not
meeting up with its goals. This is because of the fact that organization is imparting
most of its time in nurturing the human resource in the organization, which
forms the other flip side of the coin.
Semco Inc., is a Brazilian company which manufactures and produces the robotics
items, defence items, automation and instrumentation related items. This organization
has seen a boom in its revenue , I.e. 32 million USD in 1990 to 212 million USD in
2002.
Gorkha Brewery is the joint venture organization between the Danish Multinational
company Carlsberg Brewery and Khetan group. Today this organization has been the
frontrunner as it has more than 70% of the total beer market in Nepal. This is more of
mechanistic type of organization and since it is in collaboration with the Carlsberg
Breweries , there is more of coupling factor loaded onto it.
Resource 1
similar HR
Carlsberg
Practices breweries
Hierarchy Resource 2
In today’s arena , Total quality management is not followed only as a shop floor task , but it
has been equally involved in defining of human resource activity and also gives a clear cut
visibility in the sector improvement. Some of these can be illustrated as
Kaizen priniciple
Deming’s theory
Matrix system
Pareto analysis
House of quality
Emotional intelligence
Primal leadership
Echoing leadership
kaizen principle
Deming’s theory
Plan
Do
Check
Act
This can be applied on a human resource as a way of evaluation and making functional
units in a very systematic manner so as to enhance productivity and zeroing up the
entropy level of organization. Entropy associated with the human resource activity can be
summarized as interpersonal conflicts, performance appraisal conflicts etc.
No No
training benefit
s
Pareto Analysis
This is based on analysis as vital few and useful many , so organization can make a
comparative study as based on this factor. It differs from histogram , as it is more of
categorical rather than numerical.
HOUSE OF QUALITY
This is one of the most sophisticated tool in analyzing the Human Resource productivity.
This also provides wholesome quantitative idea about the human resource productivity.
ROOF
CELIING
LEFT ROOM R
WAL IGH
L T
WAL
L
FLOOR
LEFFT WALL
This shows about the human resource description about their primary needs and the
secondary needs. This can be further divided into various attributes. These attributes are the
parameters on which the organization has to evaluate based upon its existing framework.
CEILING
This depicts the existing organization values which shows the various attributes .
ROOM
This is the one to one relationship between each of the employee’s attributes with that of
organization’s attributes. It provides a close call.
a. +9 – strong positive
b. +3 - positive
c. -3 – weak
d. -9 - very weak
RIGHT WALL
This depicts the technical descriptors . it can also be explained as for the various parameters
of organization how each of the employee’s attributes is defined. This is more of weighted
representative.
FLOOR
This depicts the employee descriptor. This shows as how for every organization parameter, all
of the employee attributes react to it.
CEILING
This shows the interrelationship matrix between each of the organization value parameter.
EMOTIONAL INTELLIGENCE
a. PRIMAL LEADERSHIP
This approach is about participative management and concern for the employees.
Participative management always enhances higher productivity , with the intrapersonal
conflicts being resolved.
b. ECHOING LEADERSHIP
Identifying the similar functional units , and promoting these functional units constituting
various groups , thus leading to be resonance kind of effect.
As all the organization are concurrent based in today’s scenario, implementing a positive
change or reinforcement at one activity subsequently produces a positive change at other
activity level.