Mba Assignment (Mb0043) - Arun Mishra
Mba Assignment (Mb0043) - Arun Mishra
Name: Roll No: Course: Semester: Centre Code: Centre Name: Subject Code: Subject Name: Arun Mishra 521112271 Master of Business Administration I 03065 Management Institute for Leadership and Excellence MB0043 - 1 Human Resource Management
Q.1 What are the functions that HR attempts to fulfill in any organization. Ans:- The Functions that HR attempts to fulfill in any organization are as follows: 1. Human resource planning :- Estimating the need for resources in order achieve the desired business results. HR plans can be both short term/immediate as well as long term/strategic. The HR team partners with the line managers to understand the business goals and targets for the year and together plan the HR needs in order to meet the goals. 2. Acquisition of Human Resources :- Staffing the organization with the right mix of skills and competencies at the right time. It also includes HR initiatives like promotions and internal job posting to fulfill this requirement for human resources. Staffing teams in organization are usually separate group of specialists who work closely with the line managers to understand the skills and competencies needed for the job and engage together to elect the best talent for the open position. 3. Training and employee development: Focuses in managing training activities to upgrade skills and knowledge as well as soft skills like the ream building and leadership. The training team is again a group of HR specialist who proposes the training program and consults with the line managers to ensure that the program achieves the desired outcomes. 4. Building performance management systems :- Focuses on the right processes to set goals for performance as individual / teams and related measurement methods. This is core HR activity and is supported by the Hr generalist. 5. Rewards systems :- Establishing appropriate compensation systems and reward mechanism that would reward the desired outcome and results in accordance with the cooperate values. The again forms a part of HR generalists tasks. Hoe employees progress in a organization how they are paid w.r.t internal and external market factors, what employee benefits are offered are some aspects that this function redresses. 6. Human resources information systems :- That would that would take care of operational transactions form the time an employee exits, like personal files, compensation administration, payroll, benefits administration and issuing letters and testimonials. That task is supported by as separate HR operation team who acts as an Hr helpdesk and provides information to the employee/managers. Q.2 Discuss the cultural dimensions of Indian Work force.
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understood by first understanding the culture aspects of the countrys workforce. The pioneering work done by Dutch Scientist, Geert Hofstede is a useful tool in understanding the cultural differences used to differentiate countries. He identified five cultural dimensions around which counties have been clustered. The dimensions are: power distance, uncertainly avoidance, individualism, masculinity and long term orientation. Geert Hofstede dimension are based on research conducted among over 1000 IBM employees working globally. While their continued to be other studies like the GLOBE (Global leadership and organizational behavior Effectiveness) project and trompenaars framework, hofstedes model is most popular.
Power Distance :- Power distance is the extent to which less powerful members of institutions and organizations accept that power is distributed unequally. Countries in which people blindly obey of superior have high power distance. High power distance countries have norms, values and beliefs that support: In equally is good; everyone has a place; some are high, some are low. Most people should be dependent on a leader, The powerful are entitled to privileges, and The powerful should yield the power
India score 77 on power distance , indicating high power distance as a result of the inequalities both at the level of society as well as the at the workplace. Indian organization typically have hierarchical structures, policies yield power and subordination is acceptable. The dimension of high power distance at the workplace can be best understood as: People dislike work and try to avoid it Managers believe that they must adopt theory X leadership style, that is, they must be authoritarian, and force workers to perform and need to supervise their subordinated closely. Organizational structure and systems tend to match the assumption regarding leadership and motivation Decision making is centralized. Those at the top make most of the decision. Organization tends to have tall structures. They will have a large proportion of supervisory personal and The people at the lower level often will have low job qualifications Such structure s encourages and promotes inequality between people at different levels.
Uncertainty Avoidance :- Uncertainty avoidance is the extent to which people feel threatened by ambiguous situation, and have created beliefs and institutions that try to avoid these
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Low uncertainty avoidance society such as ours have organization setting with less structuring of activities, fewer written rules, more risk taking by managers, higher labor turnover and more ambitious employees. Such an organization encourages employees to use their initiative and assume responsibility for their actions. Denmark and Great Britain are good examples of low uncertainty avoidance cultures. Germany, Japan and Spain typify high uncertainty avoidance societies. Individualism :- Individualism is the tendency of people to look after themselves and their family only. The opposite of this collectivism which refers to the tendency of people to belong to group and to look after other in exchange for loyalty India score 48 on individualism, indicating somewhat low scores, therefore tending towards a more collectistic society. Collectivist countries believe that: Ones identity is based on ones group membership, Group decision making is best and Group protect individuals in exchange for their loyalty to the group
Organizations are collectivist societies tend to promote nepotism in selecting managers. In contrast, in individualism societies, favoritism shown to friends and relatives is considered to be unfair and even illegal. Further organizations in collectivist culture base promotions mostly on seniority and age, where as in individualist societies; they are based on ones performance. Finally in collectivist cultures, important decision are made by older and senior managers as opposed to individualist cultures, where decision making is an individuals responsibility. Individualism is common in the US, Canada, Australia, Denmark and Sweden. The people of India, Indonesia, and Pakistan & Number of South American countries exhibit collectivism. Masculinity :- Masculinity refers to a situation in which the dominant values in a society are success, money and other material things. Hofstede measured this dimension on a continuum ranging from masculinity to femininity. India scores 56 tending to be closed to masculinity than femininity.
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process. Every organization that plans for its business goals for the year also plan how it will go about achieving them, and therein the planning for the human resources: 1. 2. To carry on its work, each organization needs competent staff with the necessary qualification, skills, knowledge, work experience and aptitude of work. Since employees exit and organization both naturally (as a result of superannuation) and unnaturally (as a result of resignation), there is an on-going need for hiring replacement staff to augment employee exit. Otherwise work would be impacted. 3. In order to meet for the more employees due to organizational growth and expansion, this is turn call for large quantities of the same goods and services as well as new goods. This growth could be rapid or gradual depending on the nature of the business, its competitors, its position in the market and the general economy. 4. Often organization might need to replace the nature of the present workforce as a result of its changing needs, therefore the need to hire new set of employees. To meet the challenges of the changed needs of technology/product/service innovation the existing employees need to be trained or new skills sets induced into the organization. 5. Manpower planning is also needed in order to identify an organizations need to reduce its workforce. In situation where the organization is faced with severe revenue and growth limitation it might need to plan well to manage how it will workforce. Options such as redeployment and outplacement can be planned for and executed properly Q.4 Elucidate the classification of wages in the Indian System. Ans:- In India wages system is classified as follows: Minimum wages Fair wages Living wages
Minimum wages :- A minimum wages has been defined by the committee as the wages which must provide not only for the bare substance of life, but for the preservation of the efficacy of the worker. For this purpose minimum wages must provide for some measure of education, medical requirement and amenities. In other words, minimum wages should provide for sustenance for the workers family, for his efficiency, for the education of his family members, for their medical care, for their amenities. It is very difficult to determine the minimum wages because condition varies from place to place, industry to industry and from worker to worker. However, the principles for determining minimum wages were evolved by the government and have been incorporated in the minimum wages act,1948, the important principles being that minimum wages
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Living wages :- One which should enable the earner to provide for himself and his family not only therere essentials of food, clothing and shelter but a measure of frugal comfort, including education for his children, protection against ill-health, requirement of essential social needs and a measure of insurance against the more important misfortunes including old age in other words, a living wage was to provide for a standard of living that would ensure good health for the worker and his family as well as a measure of decency, comfort, education for his children and protection against misfortunate. Generally ascertaining wages and deciding who to pay what is a activity undertaken in the beginning when a organization is set up. There on it are annual reviews to make correction per the countrys economic and market/industry trends. The management considers the state of the labor market and takes into account of what he can afford to pay and the value of the worker to him. The workers willingness for employment at the rate offered implies that they agree to work at that rate; through they have had no part in fixing it.
1. Collective bargaining :-
development in the relation between management and labor, it cannot be imposed upon either side by compulsion and should evaluate naturally from within.
2. Voluntary arbitration :- In voluntary arbitration, both parties agree to refer their dispute agreed
arbitrator and his award becomes binding on the parties.
3. Wage Legislation :- Wages are fixed according to the law in some industries. The central
government and state government may fix minimum wages under the minimum wages act 1948 for the industries In which workers are exploited or too unorganized to protect their own interest. In order to advise them in the matter of fixing minimum wages, the government appoints minimum wages committees and the advisory boards. The committees and the advisory boards consist of equal number of workers and employers representative and also independent members whose number should not exceed one- third of the total number of members.
4. Conciliation :- The industrial dispute act 1947, provide for consideration in case of dispute
between employee and worker. If an agreement is reached in the course of conciliation proceeding, it becomes binding on the parties and takes effects from the date agreed upon or from the date on which it is signed by the two parties. In case no agreement is reached, the conciliation officer sends a full report o the proceeding. On the receipt of the report, the govt. may decide to refer the case to industrial tribunal for award.
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The board is expected to take into account the needs of the specific industry in a developing economy, the special feature of industry, the requirement of social justice and the necessity for adjusting wage differential in such a manner as to provide incentives to workers for advancing their skill. Its recommendation may be accepted by the govt. either completely or partly and may be statutorily imposed on the industry in question, or may be rejected. Q.5 Ms. S. Sharma is the General manager HR of a private educational group. She is planning for the promotion policy for the faculty members. The norms are also ruled by the government policy and criteria. Moreover the options to promote are limited. Suggest Ms Sharma the alternative way to vertical promotion. What are the challenges in implementing that option? Ans:- In Vertical Promotion, employees are promoted from one rank to the next higher rank in the same department or division. This is based on the belief that this leads to effective utilization of experience gained in the same department. It also gives an opportunity to the employees to go up while increasing their specialization in their area of operation. However, it has got one disadvantage. The vacancies may be very few in a department. Ms Sharma can promote Faculty member to a Professor, but In this Case a biggest challenge for Ms Sharma is, a Lecturer working in a particular Department may not become a Professor or the Head of the Department unless his superiors die/retire/resign. This makes the person frustrated. Besides, this type of promotion limits a person's contact with other departments and does not permit him to enhance his knowledge/expertise with each year's experience. Because his experience would be one or two years knowledge multiplied by 10 to 15 years rotation. If he does not get his promotion at the right time since the room at the top is limited he will also start disliking his job / organisation. As a result, he becomes counterproductive.
Horizontal promotions are considered an alternative to this by certain organisations. Under this policy, an employee may be transferred from a position in one department to a position of higher rank in another department or to the same rank in a different department if the transfer gives him an opportunity to acquire greater knowledge and wider experience. E.g. if a Senior Lecturer cannot get promotion in a particular Department for obvious reasons, he may be transferred as Registrar of the University or as Controller of
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Suggest the suitable method to collect the employee opinion and explain the method. Ans:- The Survey Questionnaire Method method is generally used to collect employee opinions about the factors which affect morale and their opinion about the leadership. Morale or employee satisfaction surveys are generally conducted with a view to: 1. 2. 3. 4. Finding out what employees really think; Finding out what, in the company, they think is working well and what is not; Solicit feedback on managerial effectiveness; Determining the clarity of company vision/objectives and the top management commitment to it; and 5. Finding out what employee is most unhappy about.
This questionnaire is usually a scientifically developed instrument and well tested for validity and reliability. These include multiple choice, dichotomous (yes or no)" and open-ended questions. Conducting the Survey: Organizations often engage outside consultants to conduct the entire survey. There are a lot of reasons to do this: Make the survey credible wherein employees share correct feedback
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In some cases the companys representatives may give the employees the questionnaires in a stamped envelope, planning them on a table and permitting the employees to get them if they wish to, or having a fellow employee distributed them. The stamped envelopes are frequently addressed to some management consultant or college professor who tabulates the results. The consultant then analyses the data to generate a number of reports. The reports can be generate for each department, for manager with more than 20 team members, for the company, etc.. The management usually shares the findings with all the employees, highlighting the strengths and the areas for improvement. Action plans for improvement are also shared so employees are aware of the managements commitment towards improving workplace morale and employee engagement. The survey is usually conducted once a year. The important part of this initiative is the action that is taken after the survey results come on. Each department head meets with his team of managers and they together analyse the report and the data for the department and identify areas of low scores. Brainstorming exercises then help identify what actions can improve employee morale in these areas. Sometime action-planning teams are formed from among the employees and they drive the action areas. For example if the report identifies that rewards and recognition is a concern area for the team, then the taskforce focuses on establishing ways and means to improve reward systems and recognition methods. The taskforce would recommend a rhythm for quarterly or monthly rewards and identify categories for the reward (like quality, productivity, highest sales, customer appreciation). More and more reward systems encourage employee to nominate their peers rather than the managers identifying and giving awards away. All nominations are reviewed finally by a panel and the most deserving nominee is awarded. Organizations track Survey scores year on year. Most organizations tie the scores to managerial effectiveness and use it as a measure to assess managers for promotions, potential for future senior roles etc.
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Ans;- Factors Affecting Recruitment All organizations, whether large or small, do engage in recruiting activity, though not to the same intensity. Few factors that impact the nature of recruitment: 1. The size of the organization- the smaller the organization the more the need to carefully scrutinize the candidate for a job and the fitment to the organizational culture. The risk in case of jobcandidate mismatch can prove equally expensive for a smaller organization as compared to the larger one. 2. The employment conditions in the country where the organization is located- critically impacts the recruiting strategy. The methods for recruiting, the selection tools that are most suited and the legal framework that bear on the employer are some aspects that need to be considered. 3. The affects of past recruiting efforts which show the organizations ability to locate and keep good performing people- constantly reviewing the effectiveness of the recruiting methods and the selection tools used, evaluating the success at-work of the new recruits are some methods used by organizations to ensure that quality hiring practices are in-place. 4. working conditions and salary and benefit packages offered by the organization this may influence turnover and necessitate future recruiting; (v) The rate of growth of organization- the phase in the life-cycle of the firm is a measure of the recruiting effort 5. The level of seasonality of operations and future expansion and production programmes ensuring that the recruitment numbers come form a well-planned Human Resource Plan is critical to ensure that there is no over-hiring or under-hiring of the required talent to achieve the organizational objectives. 6. Cultural, economic and legal factors these too affect the recruiting and selection methods that are used. Q.2 Right Time is a watch manufacturing company. It has hired 20 people recently for the company. They will be involved in manufacturing, assembling of watches. They will be using different machines and tools for this. What type of training is best for them. What may be the advantages and limitations of the training method?
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Training refers to the teaching/learning activities carried on for the primary purpose of helping employees in an organization to acquire and apply the knowledge, skills, abilities and attitudes needed by that organization. Broadly speaking, training is the act of increasing the knowledge and skill of an employee for the benefit of both the employee as well as the firm. Types and Techniques of Training Training methods have a number of overlapping objectives. They have to be chosen carefully and in relation to the programme design objectives. The main objectives of individual training methods could be: demonstration of value, developing interest and finally appeal to senses. Demonstration of Value: Complete demonstration of job requirements enables the trainee to grasp the meaning of ideas, concepts, or procedures visually. Such a method can be used effectively as an aid to overcome the "breakdown of communication". Trainees remember things that they see and hear, much longer than they do information they receive through talks or reading alone. Engaging trainee Interest: One of the important factors to be kept in mind in choosing a method is its ability to hold and arouse the interest of the trainee in the learning situation. A trainee has to consider alternative methods of presenting training material to participants in order to stimulate their interest and facilitate retention of the matter. For instance, if traditionally the matter has been presented through lectures, perhaps audio visual methods could be used, or instead project work be assigned which would mean learning by doing or researching the subject oneself. Appeal to multiple senses: From the trainers point of view, it would be beneficial to utilize as many of the trainers senses as possible, in order to improve retention of learning. The trainer has to understand and identify the problem area i.e., he has to examine whether there is a problem with the manner in which the task is done. Secondly, selecting the appropriate method would be dependent on the level of the trainee in an organizations hierarchy. Finally, before selecting a training method, the trainer should keep in mind about cost effectiveness. Depending on the learning outcome, and the process by which it is attained, it is possible to categorize the various methods into several groups.
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Work Simulation Methods: Simulation is a technique which duplicates, as nearly as possible, the actual conditions encountered on a job. Generally, simulation techniques have been most widely used in the aeronautical industry. Knowledge-based Methods: In this method of training, an effort is made to expose participants to concepts and theories, basic principles, and pure and applied knowledge in any subject area. Basically, it is aimed at creating an awareness of the knowledge of fundamentals. The focus is essentially on transmission of knowledge which has been imbibed by the participants. This knowledge is the base, the foundation, on which further understanding can be built. The categories of this method are lectures, seminars, workshops, films and training, group discussions etc. Experiential Methods: The emphasis in this category is on achieving through group processes and dynamics, a better understanding of oneself and others. It has been asserted that attitudinal training helps and individual to improve his comprehension of self, others, group behaviour and personal interaction. Such knowledge and understanding helps an individual to understand the problems of human relationships in a work situation, including at times his managerial style. Such training is imparted on the job by the employees immediate Managers. It provides to the trainees opportunities for getting acquainted with their managers. The managers, too, have an opportunity to judge the abilities and possibilities of trainees from the point of view of their job performance. The success of this method depends upon the fact that: The experienced Managers must be good teachers; They should have incentives and sufficient time for carrying out the training programmes; and They should be provided with an accurate account of the training needs of the trainees they are to teach. Q.3 Write a note on 360 degree appraisal method. Ans:- 360 Degree Appraisal Typically, performance appraisal has been limited to a feedback process between employees and Managers. However, with the increased focus on teamwork, employee development, and customer service,
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The 360 degree matrix There are no prohibitions in law or regulation against using a variety of rating sources, in addition to the employees Manager, for assessing performance. Research has shown assessment approaches with multiple rating sources provide more accurate, reliable, and credible information. For this reason, HR Management supports the use of multiple rating sources as an effective method of assessing performance for formal appraisal and other evaluative and developmental purposes. The circle, or perhaps more accurately the sphere, of feedback sources consists of Managers, peers, subordinates, customers, and ones self. It is not necessary, or always appropriate, to include all of the feedback sources in a particular appraisal program. The organizational culture and mission must be considered, and the purpose of feedback will differ with each source. For example, subordinate assessments of a Managers performance can provide valuable developmental guidance, peer feedback can be the heart of excellence in teamwork, and customer service feedback focuses on the quality of the teams or agencys results. The objectives of performance appraisal and the particular aspects of performance that are to be assessed must be established before determining which sources are appropriate. We shall discuss the contributions of each source of ratings and feedback. In addition, precautions are listed to consider when designing a performance management program that includes 360-degree assessment. Superiors: Evaluations by superiors are the most traditional source of employee feedback. This form of evaluation includes both the ratings of individuals by Managers on elements in an employees performance plan and the evaluation of programs and teams by senior managers.
Q.4 Given below is the HR policy glimpse of ZoomVideo, a multimedia company 1. It offers cash rewards for staff members 2. It promotes the culture of employee referral and encourages people to refer people they know, maybe their friends, ex. colleagues, batch mates and relatives.
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Maslows Need Hierarchy Theory Maslows theory of basic needs draws chiefly from human psychology. He arranged the human needs of an individual in a hierarchical manner. Maslow proposed an individuals motivation as a predetermined order of needs which he strives to satisfy. His model of Hierarchy of Needs indicates the following propositions about human behaviour.
1.
Physiological Needs: These are basic to life, viz., and hunger for food, thirst, shelter and companionship among others. They are relatively independent of each other and in some cases can be identified with a specific location in the body. These needs are cyclic. In other words, they are satisfied for only a short period; then they reappear.
2.
Safety Needs: If the physiological needs are relatively satisfied, a set of needs emerge for protection against danger and threats. In an ordered society, a person usually feels safe from extremes of climate, tyranny, violence and so on.
3.
Social Needs: If the physiological and safety needs are fairly satisfied, the needs for love and affection and belongingness will emerge and the cycle will repeat itself with this new centre. If he is deprived of these needs he will want to attain them more than anything else in the world. An individual desires affectionate relationships with people in general and desires to have a respected place in his group.
4.
Esteem Needs: Everyone has a need for self-respect and for the esteem of others. This results in the desire for strength, confidence, prestige, recognition and appreciation. These egoistic needs are rarely completely satisfied. The typical industrial and commercial organization does not offer much opportunity for their satisfaction to employees at the lower levels.
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Leadership is "the relationship in which one person influences others to work together willingly on related tasks to attain that level which he desires." So, if there is no follower, there is no leader. Haiman defined Leadership as "the process by which an executive or a manager imaginatively directs, guides and influences the work of others in choosing and attaining specified goals by mediation between the individual and organisation in such a manner that both will obtain the maximum satisfaction. Directive Leadership Directive Leadership is a common form of leadership we see in the world today. This leader tells the subordinate what to do, and how to do it. He initiates the action about the things to do and and tells subdorinates exactly what is expected of them, specifying standards and deadlines. They exercise firm rule and ensure that subordinates do follow. This kind of leaders are usually found in more traditional and long standing companies where the prevalent culture in the country is a more authoritarian type of rule, and especially so in Asian countries. Employees in these organizations will find it hard or sometimes even frustrating to work there. This is because when a leader behaves in such a way, it restricts the potential of individuals in the organization by not valuing their creativity and initiative. As a leader, you must strive not to become like that because this is how you manage people. But people dont want to be managed, they want to be lead.
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