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1 Manpower Management : Manpower Management : Facing emerging Facing emerging challenges successfully challenges successfully

Presentation Manpower Management

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Page 1: Presentation Manpower Management

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Manpower Management : Manpower Management : Facing emerging Facing emerging

challenges successfully challenges successfully

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Apparent ProblemsApparent Problems

Shortage of skilled Manpower. High cost of Manpower. High turnover. Employee perks/needs getting

increased. Job satisfaction status going high. Better work environment

expectations.

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Shortage of skilled Manpower Shortage of skilled Manpower in Indiain India

By 2010 - Shortage 1 millionBy 2030 - 35 millionIf now industry is facing the heat of manpower

shortage what will happen later. Some drastic changes are required:

- Mind Set.- Production process Automation (by employing

more female employees e.g. Switzerland Watch Industry)

- Low rejection.- Production efficiency comparable to the best in

the world.- Man power sourcing by direct campus

recruitment.

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It is the game of survival of fittest. Out come of shortage is increase in the cost of manpowere.g. CD manufacturing Co. (Automation/ fore thought), having- 6 Permanent employees.- 3 Temporary employees.- having production of 1.65 lakh. CD’s a day.

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Company’s RequirementCompany’s Requirement

Employee Cost? Cost Justification -

Get higher valued jobs done from experienced employees.

Specialization. Time management. Measuring efficiency levels. Seniors capability to handle junior w.r.t.

Broader view towards goal achievement.

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Changes Required in Changes Required in State Of Mind Of Employer State Of Mind Of Employer

Inefficiency due to mismanagement of: Employer Wrong procedure adopted by

employer/employee Lack of Training Lack of foresight of employer and employee Lack of commitment (dedication by

employees) Positive work culture Prioritize work given to employees Retain good employees

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Bring objectivity and accountability of the job responsibility

Bring professionalism along with loyalty of employees

Implement methods to bring transparency in working

Effective methods to cross check the efficiency levels of employees

Do as per the need of the hour instead of keep cribbing 7

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Other way of thinkingOther way of thinking

Improve the Quality of Services/ Product in order to improve your profit to enable you to sustain your employee with better remunerations.

Answer - > Continual Improvement in: Product Quality Service Quality Delivery period

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Consistency. Bringing innovative product in the

market. New ideas which work. Make your company a preferred place for

all stakeholders. Employee Sub Contractor Trading business partners Venders Customers

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High cost of Man Power can High cost of Man Power can be Justified and Managedbe Justified and Managed

Giving more responsible/ value added jobs to the senior employees by ultimately increasing their capability.

Management should bring senior people from juniors within the company by upgrading them.

Then adding fresher or less experienced people at entry level/ low skill stages.

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High Turnover of EmployeeHigh Turnover of Employee Keep yourself abreast of the world scenario, if

we are maintaining standard of rejections/ productivity/ quality parameters then why not cost of employee and turnover parameters.

Ultimate aim is to perform better than the world standards.

Methods to prevent: Cordial relation. Friendly environment. Jobs security. Growth security. Retirement benefits. Less Stressful environment. Recognition. Professional culture.

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Demand for Better Demand for Better Work EnvironmentWork Environment

It is the interest of the company to provide good work environment rather than demand of the employee.

Good work environment improves: Quality of work. Accuracy of work. Efficient work.

E.g. In most of the develop countries people have high self esteem which they attach with the best of product services for them.

In 90% of cases they shall accept a product which is the best irrespective of its price. It is only in developing countries that value for money is more into question, but the trend is moving towards the best.

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Today’s Scenario Today’s Scenario Problem or Problem or

Opportunity - ?Opportunity - ?

1. Think of it as opportunity (Indian economy) (Indian Consumer requirement).

2. Believe in specialization.3. Go for quality of above developed countries

standard’s.4. Products acceptability be 100% along with

delight of customer.5. Company which brings innovative ideas/products

is bound to achieve goods results. 6. e.g. Shoe company survey.7. Patience and consistency pays.

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THANKSTHANKS