The HR we know or may not
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HRM involves attracting, selecting, training, assessing, and rewarding employees. It includes developing an employer brand to attract talent, competency-based interviews and assessments for selection, balanced scorecard approaches for performance management and appraisals, and financial and non-financial rewards. Talent management involves attracting, selecting, engaging, and retaining employees from their entry to exit. Performance management uses a balanced scorecard across financial, customer service, processes, and learning/growth perspectives. Learning and development provides competency assessments, frameworks, curriculum development, knowledge management, on-the-job training, e-learning, and self-development.
The HR we know or may not
- 1. The HR we know and may not know! A presentation by Olufunso Steve Olofinlade, 2014 at Silverbird Group
- 2. Just ‘One’ Ground Rule There are NO Right or Wrong Answers! PARTICIPATE! What you put in, is what you get out.
- 3. Human + Resources = HR ……If ‘Resource’ is a source or supply from which benefit is produced. Is it then safe to say ‘Human Resource’ can be said to be a group of persons or human beings providing certain benefits?
- 4. So what is HRM?
- 5. HRM is Big! with Buzz Words BIG KPI Acculturation Competency Definition JD Job SpecificationOJT Job Evaluation, Job Enrichment Peer Based Review Pay for Role
- 6. Thinking as an ‘Entrepreneur’ Entrepreneurs combine the different factors of production – land, labor and capital
- 7. ….Even in Business Execution Execution People Process Strategy Process Operational Process
- 8. So, let’s talk Football. THE SILVERBIRD GROUP AGBONMAGBE GROUP Goal Keeping Defensive Midfield Attack/Offensive COACH AC GKT What is the overall goal? How do you assemble the team? What influences your decision? The various departments? Individual roles and Responsibilities? How do you measure performance? What are the results of optimal performance? How are they rewarded? Role of the coach & Assistants?
- 9. What has been thrown up! Attraction Selection Training/ Development Reward Assessment/ Performance Mgt.
- 10. Redefine HRM? Process of Attracting, Selecting, Training, Assessing and Rewarding employees (human resources) in an organization.
- 11. What it entails. Attraction Selection Training Reward/ Retention Assessment/ Performance Mgt. Employer Brand, Campus Outreach, (Best Place to Work?) Assessment Centre, Competency Based Interviews, Headhunting Balanced Score Card Approach, Appraisal Reviews & Cycles Financial & Non-Financial Rewards Competency Framework, Competency based trainings, Curriculum, Academy.
- 12. Talent Management Point of ENTRY Point of EXIT EXIT MANAGEMENT Talent Management Attraction Selection PerformanceMgt Reward& Recognition Employee Engagement Voluntary Involuntary TALENT Retirement
- 13. Performance Management Why is the Balanced Score Card balanced? FINANCIAL PERSPECTIVE 25% CUSTOMER SERVICE 25% PROCESSES 25% LEARNING & GROWTH 25% Performance Improvement Plan?
- 14. Learning & Development TOTAL LEARNING SOLUTION Competency Assessment Competency Framework Curriculum Development Knowledge Management Learning Map/Journey On – The – Job Learning/training E - Learning Self Study / Self Development
- 15. You need to Stand-Out. - Communication Skill - Analytical Skill - Strategic Thinking - Problem Solving - Innovation