Summary Grade 12: Human Capital Management/Human Resources

Human Capital
Management /
Human
Resources

, Human Resources
DEFINITION, IMPORTANCE AND AIM
- Def: all the activities and decisions intended to improve the effectiveness of human resources and
enterprise as a whole
- Importance and Aim: HR Policy recognises the work performance of employees, bridge the gap btwn.
management goals & need of workforce, manage human resources to maximise potential
- Focus:
Interpretation of employer/employee needs
Coordination of management & staff requirements
Implementation of various activities of personnel management
- If we don't have HR = no business


HUMAN RESOURCES ACTIVITIES
Manpower Planning
- Purpose
Number
Skills
Timeframe
- Work-load analysis
Determine how many ppl. are required in terms of amount of work that must be done
More than 2 ppl = supervisor needed
- Job analysis
method of obtaining all relevant info about tasks related to a specific job = make certain decisions
Requires:
job = completely & accurately identified
tasks = completely & accurately described
demands job makes on the worker analysed
- Job description
rewritten in specific format
summarises info collected through job analysis
portrays: duties, responsibilities, lvl of authority, what, how, why, when & where
- Job specification
specify min. ability a worker must possess
w/ reference to factors such as experience, education & physical requirements
forms basis of the recruiting activity
- Manning table
reflecting the number of ppl required & skills needed
Workplace Skills Analysis = tool used
- Determining employee requirements
diff. btwn employees needed and current employees
Used to determine the no. needed to be recruited