M203 Human Resource
Management
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Program |
Year of Study |
Semester |
Course Type |
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M.B.A-DB |
1st Year |
II |
Core Course |
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Course Full Title |
|
|
Course Short Title |
HRM |
|
Course Code |
M203 |
|
Course Credit |
3 |
Course Description
Human
Resource management is a primary function of any organization which infuses
life, and which also expends 50% of operating budget of the organization. HRM
strategizes in making effective use of human capital in the organization
involving leadership, values, and employment planning, recruiting, selecting,
training and compensating employees, significantly influencing organizational
culture.
The course is designed to familiarize the learners on operational as well as strategic functions of HRM, and how these are operationalized in the business domain.
Course Outcomes:
CO 1: Appreciate the importance of human resource management as a field of study and as a central management function;
CO 2: Understand the implications for human resource management of the behavioural sciences, government regulations, and court decisions;
CO 3: Know the elements of the HR function (e.g. – recruitment, selection, training and development, etc.) and be familiar with each element’s key concepts & terminology; and
CO 4: Apply the principles and techniques of human resource management gained through this course to the discussion of major personnel issues and the solution of typical case problems.
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Course Content |
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Unit No |
Topic |
Content |
No of Lectures |
|
1 |
Introduction to HRM |
What is human Resource Management, HR as a profit center, People as competitive advantage, Evolution of HRM, Strategic Human Resource management Functions, HR score card, workforce demographics and diversity trends, Employee Engagement Distributed HR, Digital HRM, HR Analytics |
6 |
|
2 |
Talent Acquisition |
Talent Management, imperatives and Talent management Review, Process, Job Analysis, Job Descriptions, workforce planning and forecasting , Predictive workforce monitoring, Recruitment and selection and Placement , Succession Planning, Recruitment yield pyramid, Social media recruitment, Artificial Intelligence in recruitment |
6 |
|
3 |
Talent Development ` |
Orienting and onboarding new employees, Training need identification, Training need analysis, aligning strategy with training, Designing Training program, Methods of training, Evaluation and Feedback. Management Development Program, Talent Development Initiatives – Differential Development Assignments , Employee engagement and Empowerment |
6 |
|
4 |
Talent Management |
Performance Management Concept – process, need, defining employee goals and performance standards, Who should appraise? Techniques, Rater errors. Career management – psychological contract, integrating Talent management, career and succession planning , Manager as a mentor , Managing Employee turnover, promotions and transfers , Dismissals |
6 |
|
5 |
Compensation & Benefits |
Compensation philosophy, Components, Compensation plans and business strategy, devising a compensation plan, Incentives, Benefits and Services, Executive pay. |
6 |
|
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Total lectures |
30 |
Learning Resources:
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Sr. No |
Type |
Details |
|
1 |
Recommended Text Book |
1. Dessler, G. Fundamentals of Human Resource Management (4th Edition, Pearson) |
|
2 |
Reference Books |
1. K Ashwatthapa, Human Resource Management, 8th Edition, Mcgraw Hill |
|
3 |
Recommended Research Journals |
1. Human Resource Management Journal, Wiley online 2. International Journal of Human Resource Management, Taylor and Francis Journals |
|
4 |
Recommended magazines |
1. People Management 2. HRD Connect 3. Training Journal 4. Harvard Business Review |
|
6 |
Recommended Websites |
1. HR.com 2. HR Bartender 3. TLNT 4. SHRM in the News 5. Talent Culture
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|
7 |
Recommended Ted Talks |
1. Future of Working: The Future of Talent Management, Andrea Tjoeng, https://www.youtube.com/watch?v=-anGdH4vhNY 2. https://www.ted.com/talks/regina_hartley_why_the_best_hire_might_not_have_the_perfect_resume 3. https://www.ted.com/talks/yves_morieux_how_too_many_rules_at_work_keep_you_from_getting_things_done 4. https://www.ted.com/talks/margaret_heffernan_forget_the_pecking_order_at_work 5. https://www.ted.com/talks/tim_leberecht_4_ways_to_build_a_human_company_in_the_age_of_machines
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- Teacher: Prasad Deshpande