Innovative Trends In HRM

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Information about Innovative Trends In HRM
Business & Mgmt

Published on April 8, 2008

Author: raviji

Source: slideshare.net

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PPT i made for presenting in NMIMS MBA 1st year...Innovative trends in HRM

Recent/Innovative Trends in HRM Ravishankar Duvvuri, MBA – HR, 2007-09

Strategic HRM- BEIJING OLYMPICS !! (An innovative look, positive trend in china) Ageing Issue (HR Strategies developed ) Arbejdsglæde (Happiness at Work ) MOONLIGHTING (Outsourcing, rising unemployment) No Email Days, Virtual Water Coolers (Managing virtual workforce and global teams) Agenda THE HOTHOUSE EFFECT (Managing Creativity )

Moonlighting Dual or multiple job holding Scenario: US , % of the workforce 6% in 2002 ,9 % in 2007 Mortgage payments - reason peculiar to US European commission most moonlighting is undeclared work working on framework to deal with problem

Dual or multiple job holding

Scenario:

US , % of the workforce

6% in 2002 ,9 % in 2007

Mortgage payments - reason peculiar to US

European commission

most moonlighting is undeclared work

working on framework to deal with problem

Outsourcing exacerbates already high unemployment levels Govt.’s in Europe (esp.) “time sharing policies” Time-sharing policies are aimed at stimulating employment through a reorganization of working time. Time-sharing policy gives the employer the incentive to opt for more workers with fewer hours per capita. Reducing legal working week may lead to a situation of underemployment COUNTRY STATUTORY WORK HOURS US 40 Canada 40-48 Australia 40 Germany 48 France 39 Sweden 40

Outsourcing

exacerbates already high unemployment levels

Govt.’s in Europe (esp.) “time sharing policies”

Time-sharing policies are aimed at stimulating employment through a reorganization of working time.

Time-sharing policy gives the employer the incentive to opt for more

workers with fewer hours per capita.

Reducing legal working week may lead to a situation of underemployment

Implications for HR professionals – How to handle moonlighting ? For this we need to understand pros and cons for Organization A Policy : Instead of banning moonlighting, create a fair and comprehensive written policy to address confidentiality concerns and the use of company resources. This way, you can reap all the benefits of moonlighting with none of its disadvantages. PROS CONS It may reduce turnover in areas where responsibilities are tedious /monotonous Risk of losing proprietary & confidential info to competitors Balance your organization, providing more flair in lackluster areas Working two positions may lead to exhaustion and burnout. If we can’t afford to pay our staff more, allowing them to moonlight may help retain them Workers may commit minor infractions or serious offenses, such as starting their second occupations on company time before completing their first ones

Implications for HR professionals – How to handle moonlighting ?

For this we need to understand pros and cons for Organization

“ No Email Days” Growing incidence of virtual teams – Challenges for an HR professional Team feeling and Team spirit Non personal approach to working Dealing with introverts Finding substitutes to tools like “Mgmt. by walking & talking”

Growing incidence of virtual teams – Challenges for an HR professional

Team feeling and Team spirit

Non personal approach to working

Dealing with introverts

Finding substitutes to tools like “Mgmt. by walking & talking”

US Cellular Symptoms of cyber indigestion Hurting Productivity “ NO e-mail Fridays” Reaction to change Amazing Discoveries !! Next corporate vice ! FOOD FOR THOUGHT PBD Worldwide Fulfillment Services: PBD on NBC

Symptoms of cyber indigestion

Hurting Productivity

“ NO e-mail Fridays”

Reaction to change

Amazing Discoveries !!

Next corporate vice !

Virtual Water Coolers Building Trust & Cohesion Social side “ Dilbert Effect” Enter Instant Messaging Company sanctioned IM s/w Dilemma HR strategies for Managing a Virtual Workforce 1. Face to Face meetings 2. Performance Feedback 3.Clear agenda for virtual meetings 4.Focus on similarities to build cohesion 5.Encourage social interaction

Building Trust & Cohesion

Social side

“ Dilbert Effect”

Enter Instant Messaging

Company sanctioned IM s/w

Dilemma

Arbejdsglæde Chief Happiness Officer Six actions that make us happy at work Being positive Learning Being open Participation Finding meaning Love

Chief Happiness Officer

Six actions that make us happy at work

Being positive

Learning

Being open

Participation

Finding meaning

Love

Southwest Airlines Swap Jobs Employees regularly swap Jobs Baggage handlers may get to follow a pilot for a day Pilots as Counter staff, Executives as Ground staff etc Fosters mutual respect, engages people Learning culture imbibed, Reduces Conflicts etc The Love Airline “ Hire for attitude, train for skill” Which comes first for SW airlines? Employees, Customers or Shareholders?

Swap Jobs

Employees regularly swap Jobs

Baggage handlers may get to follow a pilot for a day

Pilots as Counter staff, Executives as Ground staff etc

Fosters mutual respect, engages people

Learning culture imbibed, Reduces Conflicts etc

The Love Airline

“ Hire for attitude, train for skill”

Which comes first for SW airlines? Employees, Customers or Shareholders?

HRM and Ageing Issue Major Issues: Insufficient supply of skilled workers to replace the retiring baby-boomers A depletion of leadership and management positions over the coming 15 years Mounting pension cost leading to unsustainable dependency ratios Increasing healthcare and support cost Issues different in different countries Generation Birth Years Veterans 1945 Baby Boomers 1946-1964 Gen X 1965-1980 Gen Y 1981-2000 Gen Z 2001

Major Issues:

Insufficient supply of skilled workers to replace the retiring baby-boomers

A depletion of leadership and management positions over the coming 15 years

Mounting pension cost leading to unsustainable dependency ratios

Increasing healthcare and support cost

Issues different in different countries

1945

 

Strategic HRM- Beijing Olympics Research : HRM alignment with stated goals and strategies ….. areas of concern Contracts between laborers & employers Olympic Pay Rates Punishing contractors Goals People’s Olympics Image enhancement Facts: Migrant workers at venues in Beijing :30000 Pay rate : 50-80 Yuan per day Safeguards Welfare Objective a success. Positive trend bodes well for the future New Goal to be set : Realigning HRM with organizational goal of Sustainability

Research : HRM alignment with stated goals and strategies ….. areas of concern

Contracts between laborers & employers

Olympic Pay Rates

Punishing contractors

Goals

People’s Olympics

Image enhancement

Facts:

Migrant workers at venues in Beijing :30000

Pay rate : 50-80 Yuan per day

Safeguards

Welfare

Objective a success. Positive trend bodes well for the future

New Goal to be set : Realigning HRM with organizational goal of Sustainability

The Hothouse Effect HRM’s role in “Managing Creativity” 5 criteria that define a hothouse Sustain high level of innovative creativity for a significant period of time Draw on the knowledge and innovations of the broader cultural zone to which they belong Spawn geniuses whose achievements climax the work of other practitioners at all levels Establish a new way of doing things Achieve recognition and establish a lasting legacy

HRM’s role in “Managing Creativity”

5 criteria that define a hothouse

Sustain high level of innovative creativity for a significant period of time

Draw on the knowledge and innovations of the broader cultural zone to which they belong

Spawn geniuses whose achievements climax the work of other practitioners at all levels

Establish a new way of doing things

Achieve recognition and establish a lasting legacy

CHAI-T Dimensions: 1) Values/Mission 2)Ideas/exchange 3) Perception/learning 4) Social/Play

Dimensions:

1) Values/Mission

2)Ideas/exchange

3) Perception/learning

4) Social/Play

Insights Patronage Return On Investment Schools Internet Culture Virtual Organizations

Patronage

Return On Investment

Schools

Internet Culture

Virtual Organizations

References http://www.pbd.com/Default.aspx The Hothouse Effect by Barton Kunstler “ Happy Hour is 9 to5” by Alexander Kjerulf http://www.news.com/2100-1023-976068.html http://findarticles.com/p/articles/mi_m3495/is_12_44/ai_59427280 Wikipedia http://www.masteryworks.com/newsite/news/news_article.htm Labour management consensus in Quebec report: www.hrsdc.gc.ca/en/cs/sp/hrsdc/edd/reports/1997-000364/qlme. pdf http://www.chinadaily.com.cn/olympics/2008-01/18/content_6404691.htm http://www.worldpress.org/Asia/2254.cfm

http://www.pbd.com/Default.aspx

The Hothouse Effect by Barton Kunstler

“ Happy Hour is 9 to5” by Alexander Kjerulf

http://www.news.com/2100-1023-976068.html

http://findarticles.com/p/articles/mi_m3495/is_12_44/ai_59427280

Wikipedia

http://www.masteryworks.com/newsite/news/news_article.htm

Labour management consensus in Quebec report: www.hrsdc.gc.ca/en/cs/sp/hrsdc/edd/reports/1997-000364/qlme. pdf

http://www.chinadaily.com.cn/olympics/2008-01/18/content_6404691.htm

http://www.worldpress.org/Asia/2254.cfm

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