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Models

I/O Model
Research Base Model

Strategic human resource management -formulating and


executing human resource policies and practices that produce
the employee competencies and behaviors the company
needs to achieve strategic aims
Human Resources Information Systems A database used by
an organization to maintain and analyze information on its
workforce, in a sense, an "inventory" of the people and their
skills and competence profiles within an organization

Strategy
Strategy Management Process
Vision and Mission
Analyzing Internal and External Environment
Goal and objective
Setting Strategy

Types of Strategy
Corporate Strategy
Growth
Stability,
Turnaround

Strategic Business Unit


Cost
Differentiation
Focus

Human Resource Planning Model

HRP Process
Reviewing Business Strategy and plans
Scenario Planning
Demand Forecasting
Quantitative
Trend Analysis
Ratio Analysis
Regression Methods
Work Flow Study
Simulation Models
Qualitative
Delphi Technique
Nominal Group Technique
Rule of Thumb
Supply Forecasting
Internal
Skill & Management Inventory
Replacement Chart & Summary
Succession Planning
Markov Analysis
External
Economic Trend
Market Trend
Technology Trend
Occupational Trend

HRP Process

Gap Analysis
Staffing Table
Solution Analysis
Surplus
Freeze Hiring
Attrition
Voluntary Retirement Scheme
Job Sharing
Compressed Week or hours
Loaning
Layoff
Termination
Leave of absence
Deficit

Overtime
Temporary Workers
Contractual Employees
Outsourcing
Temping
Hiring

Work-Study Technique
Estimated total annual production = 300000 units
Standard man-hours needed to produce each unit =
2 hrs
Estimated man-hours needed to meet estimated
annual production (i x ii) = 600000 hrs
Work ability/contribution per employee in terms of
man-hour = 1500 hrs
Estimated no. of workers needed (iii / iv) =
600000/1500 = 400 workers

Ratio Analysis
Estimated production for next year = 1,40,000
units
Estimated no. of workers needed
(on the basis of ratio-trend of 1: 200) will be =
700

Management Replacement Chart

Management Replacement Chart

Markov Analysis

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