Bachelor of Commerce Honours – Human Resource Management - Human Resource Development Study Guide
BACHELOR OF COMMERCE HONOURS – HUMAN RESOURCE MANAGEMENT - HUMAN RESOURCE DEVELOPMENT STUDY GUIDE
Copyright Information
- Copyright © 2019 REGENT Business School
- All rights reserved; no part of this book may be reproduced in any form or by any means, including photocopying machines, without the written permission of the publisher.
Table of Contents
- Introduction to Human Resource Development - Page 3
- Chapter 1: Training and Development - Page 5
- Chapter 2: The Future of Training and Development - Page 49
- Chapter 3: Career Management - Page 65
- Chapter 4: The Learning Organisation - Page 78
- Chapter 5: Performance Management - Page 100
- Chapter 6: Compensation Management - Page 140
- Bibliography - Page 176
Introduction to Human Resource Development
Welcome
- Welcome to the Bachelor of Commerce Honours – HRM programme and the Human Resource Development module.
- The study guide is structured in alignment with the syllabus and reflects the latest developments in Human Resource Development.
How to Use the Study Guide
- Set aside regular study time to engage comprehensively with the content.
- It's essential to study this guide alongside prescribed and recommended textbooks.
- Note-taking is encouraged throughout.
- Outcomes are provided at the beginning of each section, outlining the main points to understand upon completion.
- Self-assessment activities are integrated to test knowledge and application.
Recommended Texts
- Prescribed Reading:
- Nel, P. and Werner, A. (2017). Human Resource Management. 10th ed. South Africa: Oxford University Press.
- Recommended Reading:
- Dessler, G. (2003). Human Resource Management (9th Ed.). Prentice-Hall: New Delhi.
- Dessler, G., Barkhuizen, N., Bezuidenhout, A., De Braine, R., Du Plessis, Y., Nel, P., Schultz, C., Stanz, K., & Van Der Walt, H. (2011). Human Resource Management: Global and Southern African Perspectives. Cape Town: Pearson Education.
Chapter 1: Training and Development
Chapter Outcomes
- Compare and contrast education, training, and development.
- Describe the purposes of training and development.
- Elaborate on various training methods and evaluate their effectiveness.
- Discuss contemporary training methods relative to traditional ones.
- Explain the phases in the training process.
- Evaluate training programme effectiveness.
1.1 Introduction
- Employee growth and development are crucial for organizational success.
- Strong employee development programmes correlate with successful organizations.
- Training comprises both on-the-job and off-the-job activities aimed at new skills acquisition.
- Increasing demand for training programmes is countered by a skills shortage in the labor market.
- Organizations must balance broad skill education with job-specific training.
1.2 Definitions and Basic Concepts
Education
- Education gives foundational knowledge and moral values for life, emphasizing broad knowledge without job skill specificity. Examples include university degrees and school qualifications.
Training
- The organized process where individuals acquire specific job-related skills and knowledge aimed at current job improvement or new job capabilities. Examples include vocational training and skill workshops.
Development
- Systematic efforts to enhance individuals' knowledge or skills for personal or job-related growth, integral to career progression. It involves ongoing training as part of professional roles.
1.3 Purposes of Training and Development
- Performance Improvement: Address underperformance by enhancing skills.
- Skill Updates: Upskill workers for emerging technology needs.
- Managerial Obsolescence Prevention: Encourage managers to continuously learn and adapt.
- Organizational Problem-Solving: Equip employees with necessary skills to navigate challenges.
- New Employee Orientation: Many organizations implement orientation programmes for socializing new hires.
- Promotion and Succession Preparation: Training aids in succession planning.
- Personal Growth Needs Satisfaction: Engaging training keeps valuable employees motivated.
1.4 Training Methods
1.4.1 Job Rotation
- Quick employee skill development through departmental rotation exposes them to diverse skills and fresh perspectives, needing proper guidance to succeed.
1.4.2 Internships
- Structured workplace exposure for students enhancing practical skills and workplace understanding.
1.4.3 Apprenticeships/Learnerships
- Combined on-the-job and classroom training, particularly for technical trades or professional careers, allowing skill acquisition in various jobs under defined competencies.
1.4.4 Understudies
- Trainees observe and learn from experienced employees, gaining job-specific skills.
1.4.5 Job Enlargement and Enrichment
- Increased job responsibilities offer learning while enhancing motivation and job satisfaction.
1.4.6 Lecture
- One-sided training method best used for large audiences but lacks interactivity, requiring a discussion or seminar as a complement.
1.4.7 Conference
- Structured discussions fostering active participation and solution-oriented engagements among small groups.
1.4.8 Simulation
- Training through simulated real-life scenarios, beneficial in industries requiring safety and focus on real situations.
1.4.9 Case Study
- Analyzing hypothetical business problems to cultivate decision-making and analytical skills.
1.4.10 Role-Play
- Engaging trainees in situational enactments to enhance interpersonal skills, useful in management training.
1.4.11 Programmed Learning
- Self-paced learning through manuals where tests assess progress.
1.4.12 Management Games
- Interactive activities developing decision-making and collaboration skills within teams.
1.5 Conclusion
- Training and development must be continuous and tailored to individual and organizational needs to ensure alignment with business objectives.
Chapter 2: The Future of Training and Development
Chapter Outcomes
- Examine challenges in training and development.
- Discuss future trends in training and development.
- Evaluate the focus on upskilling and reskilling.
- Explain the concept of talent management and its models.
2.1 Introduction
- 2019 Deloitte Report: Learning is a top-rated concern; employees prioritize learning opportunities.
- Continuous lifelong development is essential due to rapid changes.
2.2 Talent Management
- Talent management aims to attract and develop talent through processes influenced by ongoing changes in the organizational landscape.
Chapter 3: Career Management
Chapter Outcomes
- Explain concepts of careers and their management.
- Discuss the importance to individuals and organizations.
3.1 Introduction
- Career planning enables individuals to set goals aligning with the organization's objectives for mutual success.
3.2 Career Stages
- Stages of a career include Establishment (21-26), Advancement (26-40), Maintenance (40-60), and Withdrawal (60+).
Chapter 4: The Learning Organisation
Chapter Outcomes
- Define learning organisations and their principles.
- Outline activities contributing to a learning organization and the disciplines involved.
4.1 Definitions
- A learning organization continually enhances collective capacity, fostering a conducive culture for learning.
4.2 Building a Learning Organisation
- Activities defined by Garvin involve problem-solving, experimentation, learning from experience, learning from others, and transferring knowledge.
Chapter 5: Performance Management
Chapter Outcomes
- Distinguish between performance management and performance appraisal.
- Evaluate the effectiveness and methodologies.
5.1 Importance
- Performance management aligns with organizational strategy and is essential for sustaining success.
5.2 Differences
- Performance management is a holistic ongoing process, while performance appraisal is a component of this broader context.
Chapter 6: Compensation Management
Objectives
- Attract, motivate, retain employees while complying with regulations and maintaining fairness in the compensation system.
Employee Benefits
- Defined as components that enhance the wellbeing of employees beyond salary, including mandatory benefits, retirement plans, leave, insurance, and personal services.
Conclusion
- Compensation strategies should align with organizational goals, engaging employees through effective reward systems and facilitating career growth.
Bibliography
Amos, T., Ristow, A. & Ristow, L. (2004). Human Resource Management (2nd Ed.). Juta: Cape Town.
Berkshire, M., & Milestone, T. (2017). Understanding Performance Management. Oxford University Press.
Dessler, G. (2003). Human Resource Management (9th Ed.). Prentice-Hall: New Delhi.
Grobler, P. et al. (2011). Human Resource Management in South Africa. Fourth Edition. Cengage Learning.
Robbins, S.P., & Judge, T.A. (2014). Organizational Behavior. Pearson.
Snell, S., & Bohlander, G. (2007). Human Resource Management. Cengage Learning.