Innovations and Challenges in Human Resource Management for HR4.0
- Length: 351 pages
- Edition: 1
- Language: English
- Publisher: Nova Science Pub Inc
- Publication Date: 2021
- ISBN-10: 153618957X
- ISBN-13: 9781536189575
- Sales Rank: #0 (See Top 100 Books)
“To sustain competitiveness in today’s highly local and global markets, an organization needs to excel in all its key dimensions. The world is facing a new industrial era marked by digitalization in various multidimensional sectors; experts call it Industry 4.0. Humans are slowly but steadily being replaced by mechanical automation and technological digitalization in driving the economy. The potential benefits of Industry 4.0 are improving the speed of production flexibility, improving service to customers and increasing revenue. Challenges in human resources management include strengthening the management system and processes of an organization to improve performance and create value for stakeholders. Innovations and Challenges in Human Resource Management for HR4.0 helps to convey the importance of “HR4.0″ in all aspects of business, not just product and process quality. It is about achieving excellence in everything that an organization does, and most importantly achieving superior business results. This book provides international insights to manage business performance improvements and companies’ value creation dynamics. Readers will learn how to use multi-functional area tools, techniques, innovative frameworks, practices and approaches for understanding, assessing and managing the strategic value drivers of business excellence. This book provides a rich repertoire of tools and techniques across business functions researched, tested and validated in various business settings, and provides a new stream of thoughts by a few fine researchers in the domain of business management”
Contents Preface Acknowledgments Chapter 1 Challenges to HR 4.0 in Global Business Scenario Abstract Introduction The Human Resource Functions Procurement Development Compensation Integrate Maintain Human Resource 4.0 Differences between Traditional HR and HR 4.0 How Technology Is Altering Human Resource Department Landscape of a Human Resource Department HR Strategy Culture Change Management Metrics and Analytics HR Operations HR Structure Policies, Procedures and Compliance Employee Relations Employee Communications HR Engagement Engagement Strategy Engagement Action Plans Compensation to Employees Benefits Recognition Performance Management Performance Appraisal Coaching Goal Setting Learning and Development On Boarding Employee Development Management Development Talent Acquisition Candidate Sourcing Internal Mobility Assessment of Candidate Talent Management Workforce Planning Talent Assessment Succession Planning How HR Executives Can Prepare for Their Rapidly Changing Roles Develop an AI Ethics Strategy Rethink on Developing the Skills of Employees Have a Strategy to Maintain Internal Transparency Realign the Role of Managers Use Technologies Such as AI to Create Access to Jobs Conclusion References Chapter 2 Knowledge Management Practices for Employer Branding Abstract Introduction Knowledge Management Background Knowledge Asset Knowledge and Information Forms of Knowledge Tacit Knowledge Tacit Knowledge Sharing Explicit Knowledge Significance of KM Drivers for KM Application Knowledge Management Process Knowledge Capture Knowledge Codification Cognitive Mapping Decision Trees Knowledge Sharing Challenges in Knowledge Sharing Management Level Organizational Level Knowledge Sharing Stimulators Knowledge Application Knowledge Conversion Knowledge Management Tools Knowledge Creation Tools Knowledge Sharing and Dissemination Tools KM Strategy Knowledge Management Facilitating Employer Branding Employer Knowledge Creation Employer Knowledge Dissemination Employer Knowledge Application Conclusion References Chapter 3 Industry 4.0 Impact on Human Resource Management Abstract Introduction Emerging Issues for HR Workplace Changes The Gig Economy Virtual Teams Employee Engagement HR Analytics Artificial Intelligence in HR AR and VR Smart Workplaces Digitization Workplace Harassment Conclusion References Chapter 4 An Overview of EVP (Employee Value Proposition) Abstract 1. Introduction 2. Literature Review 3. Objective of the Study 3.1. To Study the Concept and Components of Employee Value Proposition 3.1.1. Components of Employee Value Proposition 3.2. To Study the Development of Employee Value Proposition 3.2.1. Objectives for Formalizing the Employee Value Proposition 3.2.2. How to Harness the Power of Your Employee Value Proposition 3.2.3. How to Promote Your Employee Value Proposition 3.2.4. Employee Tributes, Company and Group Online Journals, Company Recordings and Videos 3.3. To Study the Drawback and Challenges of EVP 3.3.1. Challenges Conclusion References Chapter 5 Enhancing the Employee Experience in Industry 4.0 Abstract 1. Introduction 2. Review of Literature 3. Objectives 4. Hypothesis 5. Analysis and Hypothesis Testing Based on Meta-Analysis Technique 5.1. Introduction to Meta-Analysis 5.2. Assumptions of Meta-Analysis 5.3. Meta-Analysis Model 6. Conclusion 7. Application and Future Scope of Research References Chapter 6 Contemporary Issues of Employer Branding in India Abstract 1. Introduction 1.1. Relationship between Employer Branding and Economy of a Business 1.2. Learning Curve and Employers Branding 2. Review of Literature 3. Indian Scenario in Job Market 4. Why We Need Employer Branding in India 5. Demand of Human Resource in Indian Market 5.1. Entrepreneurship Development Programs 5.2. Employment Generation Programmes 5.3. Skill Development Programs 5.4. Liberal Foreign Trade Policy 6. Impact of Bad Employer Branding 7. Steps of Employer Branding Conclusion References Websites Chapter 7 Application of Cloud Computing in Businesses Abstract Introduction Cloud Computing Advantages of Cloud Computing Large Scale Data Intensive Applications Benefit from Massive Economies of Scale Trade Investment Overhead for Variable Expense Stop Spending Money on Data Centers Scalability Global Access Customize Resources as Current Need Enhance Speed and Availability Maintenance 3-4-5 Principles of Cloud Computing The Three Service Models are The Four Cloud Models are The Five Essential Characteristics are Cloud Computing and Business MNCs and Cloud Computing Smart Manufacturing Model for Industry 4.0 with Cloud Computing Case Study: Amazon Web Services AWS Solutions Conclusion References Chapter 8 A Study to Comprehend Indian Pharma 4.0 from Incubation to Innovation Abstract Introduction Objectives India amid COVID-19 Prototype Developments Data Driven Improvement Cycle Approach Technological Disruptions in Pharma 4.0 Strategic Promotional Practices for Pharma 4.0 Discussion Implications Conclusion References Chapter 9 Training Needs Identification and Evaluating Its Effectiveness in India Private Sector Abstract Introduction What is Training Need Assessment? TypeS of Need Analysis Evaluating Training Effectiveness Levels of Evaluation A. The Kirkpatrick Approach B. The CIRO Approach C. The Bell System Approach Training Evaluation Model Present Study Profile of the Sample Organization Training Practice at “Different Private Sector” Research Methodology Response to the Questionnaire Data Analysis Implications What can Training Do for Employees? Conclusion Annexure 1 References Chapter 10 E-Governance Catalysing Quality and Effectiveness of Educational Institutional Brand Abstract Introduction Theoretical Background E-governance and Punctuality E-Governance and Quality Teaching and Learning E-Governance and Branding Methodology Objectives Sample of the Study Tools Statistical Techniques Result and Discussion Conclusion Practical Implication Future Research Limitation of the Study Recommendations References Chapter 11 Employer Branding: Strategies to Attract and Retain Talent in Academic with Special Focus on Private Higher Educational Institutions (PHEIs) Abstract History of the Chapter Background and Problematization Evolution of the Concept of Employer Branding Branding Employer Branding Employer Branding Process Outcomes of Employer Branding Introduction Exploration Motive Utilitarian and Symbolic Benefits Captivate Best Ability Maintaining Supreme Ability Organisation Branding Strategies i. Developing a Thoughtful Recruitment Strategy ii. Ensuring Fit for the Job iii. Communication Strategy iv. Ensuring Work-Life Balance v. Demonstrating Organizational Values through Concrete Actions Conclusion References Chapter 12 Overview of Employer Branding Abstract Introduction Designing an Employer Branding Strategy Importance of Employer Branding Steps to Develop a Strong Employer Brand Steps to Improve Employer Brand References Chapter 13 HR 4.0 Case Studies Abstract Introduction Immersive Technology at Deutsche Bahn Recruitment Reinvented at L’OrÉal Alexa at Marriott Scaling Hiring at Lyft The Pros and Cons of Technology in HR Conclusion References About the Editors Index Blank Page
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