Leveraging Human Asset

ARTICLE # 1

• The Missing link has been established which is employee engagement HRS considering the needs of their employees.
• HRS can effectively impact organizational performance only when there is employee engagement in place
• Social Exchange theory- when employees are trusted & valued, they gets engaged which is reflected in their good behavior that ultimately results in good organizational performance.
• Engaged employees are happy at work that leads to greater productivity and performance of employees.
• MNC’s focuses more on management development by giving training to employees.
• Employee engagement can increase:

1. Productivity

2. Engagement

• Firms can achieve the competitive advantage by keeping employees satisfied, motivated and engaged.
• leveraging human asset can increase innovation and productivity.

ARTICLE # 2

• A new framework has been suggested by the authors that has an immediate and evident advantages of enhancing the performance of the firm.
• This framework gives much attention to the link among performance and people.
• Through this framework most of the organizations will understand the importance of investment in their people.
• The framework basically involves set of Human capital management (HCM) drivers that comes under five of the categories:

1. Leadership Practices

2. Employee Engagement

3. Knowledge Accessibility

4. Learning capacity of organization

5. Workforce Optimization

• A survey has been designed that scores an organization’s (HCM) Human capital management capabilities range that would find out the flaws and enhancements in performance of the firm.

CONTINUED ARTICLE #2

- Leveraging Human Assets for MNC’S performance (Main Article)

- HBR- Assessing performance: Maximizing Your Return on People. (Aunzilla Aslam's Article)

- Leveraging the innovative performance of human capital through HRM and social capital in Spanish firms. (Zainab Tariq's Article)

- The Impact of Employee Engagement on organization’s Performance.(Aasha Kumari's Article)

Last Saturday

TODAY'S

SCHEDULE

Aunzilla Aslam

• Question 1 to 3

Zainab

Tariq

• Question 4 to 7

Aasha Kumari

• Question 8 to 11

2. Is there any mentoring and developing process in place for employees? And what are your promotion criteria or promotion plan for employees?

QUESTION 2

• Rules set by the management, a period of minimum 3 years is set for promoting to next higher grade.
• An individual performs exceptionally, can be promoted to next higher grade before 3 years.
• There is a process for mentoring and developing talent, in terms of “Performance Plan”.
• Training section, who time to time nominates employees for relevant trainings in-house or ex-house, based on TNA data.

3. What activities or practices are there to engage employees?

QUESTION 3

• Employee Engagement is a key factor in determining organization’s efficiency.
• Recently Bank AL Habib launched Employee Engagement Survey.
• Bank AL Habib continuously looks for suggestions for improvements from its employees.
• Pays cash rewards to employees.

5. What motivates you to work as organization manager?

• Performance = Function {Ability × Motivation × Opportunity}
• Motivated in terms of :

1. Learning

2. Growth

3. Intrinsic/Extrinsic Rewards

4. Being valued in goal-setting

5. Appreciation

QUESTION 5

6. How well does your organization utilize its people as an asset to help it improve, stay competitive, and strategically meet goals?

QUESTION 6

• People are your most important asset!
• Bank AL Habib utilizes its employees by gauging customer satisfaction level.
• Regular awareness sessions for employees.
• In banking industry, customer service is the utmost factor.

7. Which factor majorly connects human resource systems and employee engagement in your view?

QUESTION 7

• Good relationship between employees.
• Teams and Managers connects the employees with HRS.
• Recognition from boss.
• Communication
• Intranet system
• Training regarding new system
• Software and Technology

9. How leveraging human capital with its innovative HR practices enhances the performance of your organization?

• To get rid-off job titles
• Two-way mentoring

QUESTION 9

QUESTION 10

10. Research shows that leveraging human capital can be done through an employee volunteer program which encourages employees, could you please share views regarding your industry and your organization policy?

• Employee volunteer program in order to attract the new talent and millennial.
• The aim of this volunteer program is to improve:

1. Skill Set

2. Confidence

3. Positive learning from peers.

4. Reduction in Absenteeism.

11. In your view what kind of role does leadership play in leveraging human capital and social capital in your organization?

QUESTION 11

• Drive the Efficiency
• Make employees accountable
• Socialize with employee