NMIMS Global Access School for Continuing Education (NGA-SCE) Course: Essentials of HRM Internal Assignment for December 2021 Examination Answer 1): Human resource in an integral part of any organisation. From the planning of starting a company to the end of the company Human resource plays its part. Human Resource Planning also depicted as HRP is a planning which is done in advance and is continuously done on a regular basis to achieve best quality employees or can be said as human resource or work force which the most valuable asset of an organisation. This is a continues process because company grow and compete with other competitor and requires to add more and more talented work force and hence it’s a process which keeps on going. Human resource planning finds and recruits best and fit candidate for the roles and keeps a close check on shortage of manpower. A company is judged on the attrition rate which the percentage of people leaving the organisation and if its low it means company’s working environment is satisfactory for the employees and if its high that means HR and company has to think on the reasons of that and try to reduce that. For a new generation private sector bank which has branches in all major parts in the countries HR Team has to plan in such a way that it competes with the other players in the industry and at the same time be employee and customer centric both. HR needs to first focus on hiring as much skilled labour as possible in the compensation budget the company has, in simple words find best of the best employees and at the same time don’t need to spend too much. And Planning should be done in such a way that the industry can see and feel that this organisation is very employee centric and job satisfaction is there in this, and for that rules and regulations for employees should be made attractive. Indian Private Sector is growing day by day and competition is rising day by day and all the company wants to hire the best talent in the market and are on a regular basis do intense marketing and hiring process. And that’s the reason for attrition in organisation and hence HR planning for the bank should be very attentive to this and make its way to hire the best resources and retain the best talent the company has from leaving. External factors such as language are very important for a bank is very important to consider in the hiring process because banks deal with customer and they can only connect if the employees are well versed with the local language also. And external factors such as competition market should be always in mind, because every company wants to hire best talent and does a lot of impact on other company by hiring resources from the market and leads to attrition. Conclusion: Human resource planning is the back bone of an organisation because without the suitable work force a company can never be better and achieve its goals, it helps company to find suitable candidate for the future planning of the company. Answer 2): Training and development is an educational activity within a company and id done to enhance the knowledge and skills of the employees and help them to reach their full potential and learn new things, and help them with all the information and instruction on how to perform better and help company to reach its goals. Training is necessary for all sectors and all hierarchy in a company on a time to time basis to help employees and company in sync with the competitive market and changing technology. And Obsolescence happens when an employee is out of sync with the necessary technology and knowledge to work and results in decrease is performance and is not able to learn and cope up with the necessary change and upgrade in the knowledge required to do specific task. This generally happens when people become obsolete for a set of task or work due to change in technology and work needed for the job because people become comfortable and do not focus on learning and adapting the required change needed. And hence there is a need of Training and development for employees in all phases of professional career. Company does training programs for the employees so that personnel obsolescence do not take place and it also helps company to get great work from the employees and help in shortage of proper manpower to run the company. Various reasons pertain to this such as, Lack of motivation, Age issues, Change adaption problem and many more. Training enhances the skill sets and knowledge to help employee to help company to compete with the growing competitive market. And it’s said that nobody knows everything and learning can be done at any time and from anywhere and the people who are ready to adapt changes and participate positively in training and development never fails in life. Training is not a onetime thing it’s a non-ending process because we are living in a world on uncertainty and every second changing technology needs a very close follow up and refresh of knowledge. It Helps employee to learn and improve their knowledge and this is the great opportunity for employees to excel in life. Importance of Training: a) b) c) d) e) Increases skills and knowledge. Helps employee for future growth not only in the current company but further also. Helps in Appraisal and promotions. It Motivates employee. Employee feels more responsible and valued in the company. And many more. Conclusion: Personnel obsolescence can be overcome with training programs and is a very important part of human resource growth of a company and is one stop solution for lot of problems such as Lack of performance, Lack of Motivation, Job Satisfaction, and helps to search and create more and more talented workforce who can help grow the company. Adaptation to change is the need of the hour and one who is not willing to learn and train himself in the world cannot succeed in life. Answer 3): In the given Paragraph it has been mentioned that Rohit is panicked and is worried about the new job role and is out of his comfort zone after promotion. In General any promotion or change is designation brings lot of hassles in the beginning because of the change is schedule, routine and the habit of normal day to day life, as mentioned he feels like he was making a difference in his old job but it’s a perspective of his, everyone has when there is a change. a) As Rohit is having motivational issues and problem is adjusting with the current role and needs change management and training on what and how he can grasp and settle in this new job role as Manager. And as a manager now he has to do observations and manage people and make and present reports to the higher management and all the ground work what he was doing is not there now, and in making the report he has some hiccups but as he is new and learning this new job role Director told him about the issue and told him to work on it. As a Rohit’s Boss I will make him comfortable with the new job role and tell him what difference he is creating in the company and for himself, and will show him what good this will bring for his future. And will assign meetings with other managers and schedule training sessions for him to know and learn the job and motivate him for the change positively all the time. Change is never an easy thing, it needs your mind and soul to adapt and change. Rohit’s case is a case we all have felt or will feel in changing job role and promotions, but it need full support from superiors and colleagues to help adapt with the situation ad grow. b) Rohit is in a situation we all have been or will be in the future, it’s a case of change in job role which arises lot of discomforts because is changes normal life which was stable and balanced and we all know changes brings some discomfort in the beginning but for longer term this is what is giving you growth. As Rohit has been promoted to a managers role it’s a very good thing which happened to him, and this is the reason every one gives heart and soul in their jobs. His hard work [aid of and now is the time to grow and see the things from a different prospective and think as a manger not as an employee only. The only thing that could have been done in the beginning is that he would have been trained for the role before giving him the actual work of that role which would have given him a kick start and Motivation from the beginning about the job role. But now as he has been working already in the job role, management should arrange for training sessions and proper job role sync up with other managers and give him a proper OJT (On Job training) so that he can do his work properly. Every company should do a proper session on what the job role is about and how the person is creating a difference for the company. Motivation, Training and Support from the team is the only thing which can help Rohit and other people like Rohit in this kind of situation. Conclusion: Change is the language of growth, one who can adapt and learn to train himself on a regular basis about the changes going around will succeed. Growth in position and change in job role is a part and parcel of Professional life , to grow in professional life Training and personal development is the key to success.