PADP 6920 Lecture Notes - Lecture 1: Human Capital

• School: University of Georgia
• Department: Public Administration and Policy
• Course: PADP 6920
• Professor: Kim

Document Summary

Emphasis on resource efficiency & service quality: business partner services. Emphasis on technical and business knowledge: strategic partner. Contributes based on considerations of human capital, organizational capa- bilities, and hr practices. Emphasis on hr & the business market knowledge. Hr planning: steps, determine future human resource requirements > demand. Direct derivative of business & organizational planning. Techniques for forecasting requirements: statistical > ratio analysis. 2: judgmental > top-down approach (top managers use knowledge to determine requirements) or bottom-up approach (lower-level employees determine requirements, determine future human resource availabilities > supply. Techniques for forecasting availabilities: statistical > ratio (markov) analysis & transitional probabil- ity matrix, judgmental > succession planning (backup candidates, determine gaps between requirements & availabilities > shortage or. Surplus: develop action plans to close the projected gap, set staffing objectives, generate alternative activities, assess alternative activities, choose alternative activities.