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Transcript of HR PLANNING
Of the 3 which is most important in achieving results in the Olympic Games?
Internet search for additional commentary on Australia’s 2012 Olympic games medal results.
According to Professionals Olympic Sports are under funded by 100 million.
Every Year we spend 170 million on Sports.
Direct federal funding of 589 million.
Great Britain spent $1.2 billion pounds over 4 years,
France & Germany spent the same & got different results!
China won 51 gold medals - 226 million
US won 36 - 220 million
We won 16 gold medals in Sydney & 7 in London!
China put together "Project 119" and came out with the most gold medals and 2nd over all.
Yachting Australia put a 'Gold Medal Plan' which focused on generating government & commercial funding a well as developing talent from a youth to olympic level. - Received most gold medals than any other sport.
Sailing team hired 2 former winners who helped create training programs in order to achieve success
Kayaking achieved success due to effective mentoring from previous successful competitors, coaches & supportive surf clubs.
Winning Edge Plan
Human Resource Information Management Systems
Acting like celebrities? With no one intervening.
Audit conducted and Olympic Committee decided on a winning edge plan.
US government paid extra $75,000 per gold medal and $50,000 if they broke a World record
Australia have the AIS, for those who don’t know what the AIS is and the infrastructure they have lets take a look at this video
Sydney spent 6.6 billion on the Olympic Games infrastructure where as London spent 10.4
Apart from the factors mentioned, what other influences depend of Olympic success?
What do they suggest about the components of long term planning for the identification, development and rewards for potential Australian Olympic talent in the future?
Toxic Culture brewed amongst
Athletes breached numerous team rules
Greater levels of accountability for performance results
Improved governance structures and contemporary reporting and monitoring of performance
Redesigned Direct Athlete Support (DAS) program
Provides support for 200 more athletes
450 athletes already benefiting from the program.
Funding increased by $1.6 million into supporting Olympic and Paralympic athletes directly.
Existing funds complement the agenda being driven by the Australian Sports Commission across high performance sport.
Human Capital Resource Management
Guiding the formulation of Human Resource plans
Identifying talent & creating a plan to maximize potential of talent from organisation culture, management style and incentive programs.
Removing Toxic culture
Creating Incentive Programs
Cash Bonus for gold medals/world records
HRIMS is computer-based
collect & analyses HR data
Committee Maximizes results
database & analytics to forecast competitors SWOT
Systematic process of HRP
Controls the supply & demand for Olympic talent
Extra tax break for businesses that sponsor athletes
Do you think athletes are putting fame before olympic glory? How should we get rid of this problem?
Considering everything what do you think we can do better in the future olympic games?