MU0010 – Manpower Planning and Resourcing

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ASSIGNMENT

DRIVE	WINTER 2015
PROGRAM	Master of Business Administration- MBA
SUBJECT CODE & NAME	MU0010 – Manpower Planning and Resourcing
SEMESTER	4
BK ID	B1765
CREDITS	4
MARKS	60

Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.

1 What do you mean by Manpower Planning? Describe the various stages & obstacles involved in Manpower Planning.

Answer : Manpower planning means planning means deciding the number and type of the human resources required for each job, unit and the total company for a particular future date in order to carry out organizational activities. Manpower planning may be viewed as foreseeing the human resources requirement of an organization and the future supply of human resources and (i) making necessary adjustments between these two and organizational plans and (ii) foreseeing the possibility of developing the supply of manpower resources in order to match it with the requirements by introducing necessary changes in the functions of human resources management.

The process of manpower planning in an organization involve following steps:

·          Analysing the corporate and unit level

2 What do you mean by Human Resource Accounting (HRA)? Discuss the objectives and advantages of HRA.

Answer :  Human Resource Accounting (HRA) means to measure the cost and value of the people (i.e. of employees and managers) in the organisation. It measures the cost incurred to recruit, hire, train and develop employees and managers.

HRA also finds out the present economic value of its employees and managers. After measuring the cost and value of its employees and managers, the organisation prepares a report. This report is called HRA Report. It is shown to the top level management. It can also be shown to the employees, managers and outside investors.

Advantages of HRA

Benefits, objectives, advantages of human resource accounting HRA:-

1. Information for manpower planning

3 Explain the Selection process undertaken by an organization.

Answer : Employee Selection is the process of putting right men on right job. It is a procedure of matching organizational requirements with the skills and qualifications of people. Effective selection can be done only when there is effective matching. By selecting best candidate for the required job, the organization will get quality performance of employees. Moreover, organization will face less of absenteeism and employee turnover problems. By selecting right candidate for the required job, organization will also save time and money. Proper screening of candidates takes place during selection procedure. All the potential candidates who apply for the given job are tested.

4 Discuss in details the Employee Exit Process

Answer : Employee exit management is the process used within many businesses to terminate employees in a professional manner. It applies to employees who have resigned and those that have been terminated by the company.

When an employee is terminated there are a number of considerations that an organization needs to make in order to cleanly end the relationship between the company and the employee. The company as a legal entity has a responsibility to the employee which may extend beyond the period of employment and this is the primary focus of the exit procedure.

Voluntary

5 As an HR, you are asked to focus on the Talent Development Process in your organization .How would you define Talent Development? Explain the necessity of Talent Development from an HR perspective. Explain the model for achieving excellence in Talent Development

Answer :  Although unemployment figures may at times be on the up, it is a widely accepted fact that in the long term, a shortage of qualified staff is one of the greatest challenges facing us today. Increasing globalisation means that we have to fight even harder to secure the human resources and organisational skills available, and in particular this means that companies must fight to develop and retain special talents.

Talented staff may be particularly skilled in management or project management, or they may be true experts in their professional fields; they may also be young persons who are newly employed, or more mature and experienced people. Basically, Talent Development is about safeguarding the conditions that enable your company to retain those employees who are able – perhaps in very different roles – to greatly influence how the company will develop further.

6 Write short notes on the following:

a)Recruitment

Answer : Recruitment refers to the process of attracting, screening, selecting, and onboarding a qualified person for a job. At the strategic level it may involve the development of an employer brand which includes an 'employee offering'.

Objectives of Recruitment

Finding Skilled Employees

Most obviously, when recruiting new employees, you must aim to find those with particular skills and training. Determine how much education and

b)Succession Planning

Answer : Succession planning is a process whereby an organization ensures that employees are recruited and developed to fill each key role within the company. Through your succession planning process, you recruit superior employees, develop their knowledge, skills, and abilities, and prepare them for advancement or promotion into ever more challenging roles.

Actively pursuing succession planning ensures that employees are constantly developed to fill each needed role. As your organization expands

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