Role of Hrm in Managing Business Ethics

7/31/2019 Role of Hrm in Managing Business Ethics

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INTRODUCTION OF ETHICS AND HRM

Ethics is the study of morality

Morals are the standards used to judge rightand wrong

Values are the degree of conviction about theway to conduct life


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CONT

HRM is a management function involving the

recruitment of suitable manpower ,training

,developing and sustaining their competencies

,motivating them and offerings rewards on a

rational and equitable basis.


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SCOPE OF HRM

Determining human resource needs

Attracting potential employees

Choosing employees Teaching/preparing

Rewarding

Evaluating performance Creating a positive work environment


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EMERGING CHALLENGES OF HRM

The increased globalization of markets and

intensification of competition

Merger and acquisition that are to consolidate

competencies and to enjoy economics of scale

in the global arena bring own problem of

cultural shock

Changing job profiles and the need for ability

to get adjusted to them


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CONT.

Newer organizational designs and strategiespose their own challenges to workforce

Increasing role of women employees in

organizations even in developing countriesthat is questioning many traditional HRpractices

Increasing use of information technology thatis altering the very nature of work delivery inorganization


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CHANGING ROLE OF HR

PROFESSIONAL

In an knowledge based economy ,the HR

function is not only gaining considerable

ground in industry but also but also going

metamorphosis.

The transition from locating talent to retaining

talent has now moved to creating talent

It is the responsibility of HR to identify and

review the industry requirements of skills


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CONT

Attitude value and motivation of employees

have become more important

EXAMPLE:- Retaining talent ,TATAS shows the

way

Tata group has drawn up a six point initiative

to retain and grow in competitive

environment for people with the right set of

skills and attitude


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That 5 points are

Making merger andacquisition

Get to know Gen Y

Create internal job market

Think global ,hire global

Build talent pipeline


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HR RELATED ETHICAL ISSUES


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CREATING AN ETHICAL ORGANISATION

The top management should be committed toethical behavior and should be the rolemodels to their employees in this respect

The organization should evolve codes of ethicsfor managers ,executives, and employees andenforce them

Ethics committees should be formed with topexecutives as members to advice on ethicalissues


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CONT.

Company journals may publish articles on

ethical issues and pose hypothetical ethical

dilemmas

Create an ethical climate in the organization is

to organize employee ethics training .

An ethics office with ethics officers can be

created to oversee the process ,and help to

communicate policies to employees.


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CASE STUDY ON ETHICAL ISSUES

JET AIRWAYS LAYOFF- WHAT TYPE OF ETHICAL DRAMAOF HRM

The case is about the retrenchment drama thatunfolded in one of Indias leading aviation companies,

Jet Airways (India) Limited in Oct 2008.

More than thousand employees were laid off.

It was a part of major Cost-cutting exercise to tackleGlobal slowdown and price hike of Aviation fuel.


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Ethical issues

Some most crucial questions unanswered.

Where would those 1900 employees go?

Why took action only against lower gradestaffs?

Senior management was very less affected.

What would be the future of those studentscurrently taking courses in cabin crew, captain

etc?


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Protest against management


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Documents

Role of Hrm in Managing Business Ethics