SOURCING PLAN
Submitted To: Prof. Swatee Sarangi
MHRDM –Sem IV
Group No.5
Planners :  Amjad Khan - 20
 Money Khanna - 21
 Sumith Acharya - 01
 Manisha Bhagwanani - 04
 Vidya Padmanabhan - 57
Agenda
• Introduction & HRP Model
• Organization Process Shared
Sourcing Techniques – Internal / External - HCC
• Effective Sourcing Plan
Case Study - Magnetech
• Organization Process Shared
Vacancy – filling a position – Process flow – NOKIA SIEMENS
• Best Practices & Challenges
• Conclusion & Way Forward
Model of Human Resource Planning
EXTERNAL ENVIRONMENT
INTERNAL ENVIRONMENT
Activities, Processes
Business
strategy
HRP:
Matching
supply to
demand
Business
Plans
Current inventory
Manpower
supply
Manpower
Demand
wastage
Re-sourcing strategy
Actions
Internal
Deployment, severance, training
External
Outsourcing, recruitment
Labour Market, Education output
Technology, Competition, Politics, Economy
Culture, Structure
Staffing Organizations Model
Organization
Vision and Mission
Goals and Objectives
Organization Strategy
HR and Staffing Strategy
Staffing Policies and Programs
Support Activities
Legal compliance
Planning
Job analysis
Core Staffing Activities
Recruitment:
External, internal
Selection:
Measurement, external, internal
Employment:
Decision making, final match
Staffing System and Retention Management
Stats : Sources Of Hiring 2009
Recruitment Process
Recruitment Process
Recruitment Sources
Process Flow – Transfer (Internal Resource)
Transfer (Con.)
Process Flow – Advertisement (External Resource)
Advertisement (Con.)
Advertisement (Con.)
Factors Effecting Sourcing Plan
•
Net Manpower Requirement
» Demand Forcasting
» Supply Forcasting
» NMR = Demand - Supply
•
Manpower Budgeting
Case Study
•
Company
: Magnetech Industrial Services
• Specalist In : Industrial Magnets & Electric
Motors
• Goal
: Increase Revenue To $100 million
by 2007
• Demand
: Triple The Existing Work Force
• Inventory
: 80% of Existing Work Growing
Older
• Challenge
: Find Skilled Work Force
• Solution
: In House Apprentice Training
Program
Filling Up A Vacancy
Vacancy
On Roll/Off Roll
On Roll/Off Roll
Internal Reference
External Reference
(Cost Plus/Payroll)
(Preferred Partner/Payroll)
Identifying Model’s for Off Roll Hiring
Internal Reference
Salary hike Should Be
less than 20 %
With Infra (Cost Plus
Suppliers)
Without Infra (Payroll
Agency)
Identify Model In (Preferred Partner) Hiring
External Reference
(Preferred Partner)
For Hiring Through Preferred Partner
Minimum Experience Should be 6 Months
Level 1
Level 2
(6 months To 2 Years)
(More Than 2 Years)
Best Practices towards Successful Hiring
•
•
•
•
•
•
Job specification
Recruit diversity
Selection
Job-related interviews
Multiple interviewers
Background screening
Today’s Challenges
•
•
•
•
•
•
Skill shortages
Obsolete resumes
Rise of Employer Branding ( company to career)
Career networking
Contract workers
Part-time workers
“ That is what learning is. You suddenly
understand something you've understood
all your life, but in a new way.”
- Doris Lessing
THANK ‘U’