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Transcript of Shrm - Kapil
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Key Business Issues Strategic HumanResource
Management
Unit 2
By: Kapil Prasad Acharya
Institute of Banking &
Management Studies (IB&MS)
IV Sem.
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Outline of the Presentation
Key business issues
how to manage the key business issues
Role of HRRole of HRs in six sigma
Who are directors
Role of directors
Responsibility of directors
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Key business issues
The highest priority problems that are affecting a business, or the
problem which are creating the largest negative impact.
The key business issues are the specific area a business chooses to focus
where they want to accomplish their organizational goals.
These issues drive the activities of a business and exist in multiple
categories such as financial, marketplace, personnel, operational,
customer, competitive, and supplier aspect of a business.
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How to manage the key business issues
There are four type of key business issues:
1.Complying
withlegislation
2. Minimizerisk
3. Improveefficiencies
4. Organize
your time
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How to manage the key business issues
pay tax on time to avoid penalties
provide a safe working environment for
your employee
fulfill your duties as a director if you
operate a companyComply with intellectual property and
trademark legislation
Stay on the right side of IT law by
establishing an appropriate software policyComply with relevant employment
legislation, during both the recruitment and
employment tenure.
1.Complying
withlegislation
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How to manage the key business issues
insurance cover premises protectionCash flow managementIT system your employee
2. Minimizerisk
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How to manage the key business issues
make an investmentEstablish policiesGet expert advice
3. Improveefficiencies
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How to manage the key business issues
daily and weekly task monthly taskQuarterly or half-yearly taskAnnual task
4. Organizeyour time
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Role of HR
The role of the HR manager must parallel the need of his or her
changing organization. Successful organization are becoming more adaptive,
resilient, quick to change direction and customer-centered.
With in this environment the HR professionals, who is considered
necessary by line managers, is a strategic partner, an employee sponsor or
advocate and a change mentor.
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Role of HR
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Role of HR
Role of Human ResourceManagement
Planning and organizing
for work, people and HRM
People acquisition and
development
Administration of policies,programmes and practices
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Role of HR
Planning and organizing for
work , people and HRM
Strategic perceptive
Organization design
Change management
Corporate wellness management
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Role of HR
People acquisition and
development
Staffing the organization
Training and development
Career management
Performance management
Industrial relation
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Role of HR
Compensation management
Information management
Administrative management
Financial management
l f
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Role of HR
To be effective, an HR practitioner should
have a well rounded of each of these
areas. The problem is that many of us haveonly very limited exposure on these different
functional area as we move on the
organizational ladder.
l
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HRs Role in Six Sigma
Black belt
selection and
retention
Black belt
selection and
retention
Black belt
selection and
retention
Black belt
selection and
retention
Black belt
selection and
retention
Reward and
recognition
Black belt
selection and
retention
Black belt
selection and
retention
Being included
in six sigma
Black belt
selection and
retention
Black belt
selection and
retention
creating a six
sigma culture
Black belt
selection and
retention
Black belt
selection and
retention
Change management
and communication
l
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HRs Role in Six Sigma
Black belt
selection and
retentionBuilding a competency model that will help
identify candidates with the right mix of
technical team, and leadership skills and
abilities.
Creating a job description that help
candidates fully position and exceptions prior
to signing on.
Developing a retention strategy that will
help ensure black belts complete their rotation.
l
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HRs Role in Six Sigma
Black belt
selection and
retention
Black belt
selection and
retention
Reward and
recognition
Analyzing existing compensation
arrangement to identify the extent to which
those arrangement will support the six
sigma initiatives.
Creating a strategies compensation plan
that will better support six sigma.
Developing a non-monetary rewards
program for six sigma teams.
l S S
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HRs Role in Six Sigma
Creating a six
sigma culture
Working with six sigma sponsor, leaders and
champions to identify elements of the culture that
might hinder the achievement of six sigma goals
Advising on change plans that will targets
those specific cultures elements.
Identifying how six sigma can be rolled out in
a way that works with, rather than against, the
current culture.
HR R l S S
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HRs Role in Six Sigma
Being included
in six sigma
Ensuring HR professionals have the right skills and
knowledge.
Marketing its potential contribution early in the
initiatives.
HR R l S S
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HRs Role in Six Sigma
Black belt
selection and
retention
Black belt
selection and
retention
Change management
and communication
Drafting a change management/ communication
plans that addresses the people side of the six sigma
rollout.
Counseling six sigma leaders and champions on
how their behavior can help or hinders six sigmas
acceptance throughout the organizations.
Wh Di
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Who are Directors
R l f Di
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Role of Directors
1. Establish vision,
mission and values
4. Exercises accountability toshareholders and be responsible
to relevant stakeholders
2. Set strategy and
structure
3. Delegate to
management
R l f Di
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Role of Directors
1. Establish vision,
mission and values
Determine the companys mission, vision to guide and set the pace for its current
operations and future developments.
Determines the values to be prompted throughout the company.
Determine the review company goals.
Determines company policies.
R l f Di
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Role of Directors
2. Set strategy and
structure
Review and evaluate present and future opportunities, threats and risk in the external environment
and current and future strength, weakness and risk relating to the company.
Determine the strategic option, select those to be persuade, and decide the means to implementand support them.
Determine the business strategies and plans that underpin the corporate strategy.
R l f Di
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Role of Directors
3. Delegate to
management
Delegate authority to management, and monitor and evaluate the
implementations of policies, strategies and business plan.
Determine monitoring criteria to be used by the board.
Ensure the internal controls are effective.
Communicate with senior management
R l f Di t
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Role of Directors
4. Exercises accountability toshareholders and be responsible to
relevant stakeholders
Ensure that communication both to and from shareholders and relevantstakeholders are effective.
Understand and take into account the interests of shareholders and relevant
stakeholders.
Promote and goodwill and support of shareholders and relevant stakeholders.
R ibili i f Di
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And also,Responsibilities of Directors
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Enjoywith colors
Ha e a nice da !