Presented By :

Dr. Deepika Chaplot, Assisstant Professor, Pioneer Institute of Management, Udaipur

Lakshita Gaur, Lecturer, Pioneer Institute of Management, Udaipur

Realization of the competitive advantage and its relationship with the power of Human Resource.

Factuating the demand of Core HR Professional possesses a bright future for a period of up to 2010.

Unlimited scope and potential of development of new techniques, mechanism and system.

Multiple Employment Concept.

Multi-faceted negotiation for Collaboration, Acquisition, Mergers and Business Partnership.Memorandum of Understanding between Organisations, Countries and Corporates.Working Pattern ( 24X7).Cultural Diversification.

Existence of gap in the Business Practices across the Country and Globe.

High acceptance of volatility of Human Factor over other resources and function and equally emphasizing area as compared to Marketing.

Blocked vision of Top Level Management.

• GAP ANALYSIS• TRAINING AND DEVELOPMENT• CAREER PATH MANAGEMENT• DEVELOPMENT SUPERVISION• FLEXI – TIME APPROACH• BUSINESS PROCESS RE–ENGENEERING• BUSINESS PROCESS OUTSOURCING

FUTURE EXPECTED JOB POSITION

DIRECTOR OF FINANCE

CONTROLLER OF FINANCE

FINANCE MANAGER

DEPUTY FINANCE MANAGER

FINANCE ACCOUNTS OFFICER

ACCOUNTS ASSISSTANCE

GAP

ANALYSIS

PRESENT JOB POSITION

Monitoring EvaluatingAppraising and

ControllingPerformance

StrategicPlanning

NetworkingResources

Building Training Competency

DevelopingTrainingMaterial

Building Internal Structure &Policies

ACTION

OUPUT

Building &Monitoring Support

Early Stage Exploratory Stage

Middle of Career

Later Stage Decline Stage

Mid CareerGrowth

Growth

Stage

Stability

Stage

Maturity

Stage

Stagnation Fall

Mid Career Syndrome

Mid Career Goal

X Axis

Y Axis

(25-30) (30-35) (35-40) (40-45) (45-50)

AGE

GROWTH

FOR MENTOR :

1)He should first understand role, goal, function, objectives, targets etc.2)Should have open mind & attitude through a qualitative democratic leadership3)Capable to motivate, support and guide the mentee.4)Analytical Review & Appraisal.5)Control & Supervision in objective manner.

FOR MENTEE :

1)Identify KASH2) Identify the track performance record and known and hidden potential.3) Identify and apply level & type of motivational as per personality need.4)Application of 4 C’s – Co – Ordination Co – Operation CommunicationControl

5) Hit small to bigger targets6) Create “STAR” not “MOON”

The concept of permanent jobs are gone and new concept comes in is independency of work i.e. to depend upon individual own creativity not fixed – time .

Example : ICICI Bank adopted this approach.

TOTAL CHANGE IN ATTITUDE OF BUSINESS KNOWN AS RE – ENGINEERING.

IT IS A METHOD OF TOTAL CHANGE IN BUSINESS.

A 100 % NEW START.

A GOOD TECHNIQUE

LESS TIME CONSUMING

CHEAPER i.e. COST EFFICIENT

HAVE LESS ERROR

Multi- Skilling

Customer- Care for Customer- Delight

QC’s, Kaizen, Six Sigma etc. in HR Application.

Executive Exchange Programs

Multi- Linguism

Changing Role of Trade Union and Executive Association

Being the Global Leader and a major player in peace, prosperity and global world.