6 pages ppt
boomshaka
ppt.pptRewards
Appraisal
Development
Staffing
Job Design
- enriched & empowered
- customized
- sophisticated recruiting and selection
- aptitude (or able to learn)
- promote from within
- high-investment, continuous
- firm-specific
- focus on strategic contribution
- developmental
- external equity (high wages)
- pay for knowledge, experience,
high variance incentive pay based on
strategic objectives
- equity ownership and perks
COMMITMENT-BASED HRM SYSTEM
Core Human Capital
Employment Mode: knowledge work
Employment Relationship: organization-focused
*
B
C
D
A
R&D
Sales
TMT
HR
Diagnostics
Fin
Mfg
R&D
Low VALUE high
Low UNIQUE high
Mapping Skill Areas at BIOTECH
MIS
TMT
Core
Rewards
Appraisal
Development
Staffing
Job Design
- clearly defined
- moderately empowered
- external recruitment
- achievement
- limited to firm-specific
- short-term focus
- developmental
- focus on performance
- external equity (market rate)
- pay for performance
PRODUCTIVITY-BASED HRM SYSTEM
Employment Mode: traditional job
Employment Relationship: job focused
Compulsory Human Capital
*
Bill Castellano, Ph.D., Rutgers University
B
C
D
A
R&D
Sales
Sales
TMT
HR
R&D
Diagnostics
Fin
Customer
Service
Mfg
R&D
Low VALUE high
Low UNIQUE high
Mapping Skill Areas at BIOTECH
MIS
Laboratory
Services
Fin
Quality
TMT
Core
Compulsory
Rewards
Appraisal
Development
Staffing
Job Design
- well-defined
- limited scope
- outsourced (perhaps)
- contract for a specific task
- limited to rules & procedures
- administrative
- hourly or contract-contingent
COMPLIANCE-BASED HRM SYSTEM
Employment Mode: contract work
Employment Relationship: transactional
Ancillary Human Capital
*
Bill Castellano, Ph.D., Rutgers University
B
C
D
A
R&D
Manufacturing
Operations
Distribution
Sales
Sales
TMT
HR
R&D
Diagnostics
Fin
Customer
Service
Mfg
R&D
Low VALUE high
Low UNIQUE high
Mapping Skill Areas at BIOTECH
MIS
Laboratory
Services
Fin
Quality
TMT
Core
Compulsory
Ancillary
Customer
Service
Rewards
Appraisal
Development
Staffing
Job Design
- team-based
- enriched & autonomous
- ability to collaborate
- achievement
- continuous on-the-job
- firm-specific
- team-oriented
- goal accomplishment
- group-based incentives
- contract, salary, pay-for-
knowledge
COLLABORATIVE HRM SYSTEM
Employment Mode: partnership
Employment Relationship: collaborative
Idiosyncratic Human Capital
*
Bill Castellano, Ph.D., Rutgers University
B
C
D
A
R&D
Manufacturing
Operations
Distribution
Sales
Sales
TMT
HR
R&D
Diagnostics
Fin
Customer
Service
Mfg
R&D
R&D
Partners
Low VALUE high
Low UNIQUE high
Mapping Skill Areas at BIOTECH
HR
Legal
MIS
Laboratory
Services
Fin
Quality
TMT
Core
Compulsory
Idiosyncratic
Ancillary
Customer
Service
Diagnostics
R&D
Partners
R&D
Partners
R&D
Partners
R&D
Partners
BC
D A
R&D
Sales
TMT
HR
Diagnostics
Fin
Mfg
R&D
Low VALUE hi gh
Low VALUE hi gh
Low UNIQUE high
Low UNIQUE high
Mapping Skill Areas at BIOTECH
MIS
TMT
Core
Core
BC
D A
R&D
Sales
Sales
TMT
HR
R&D
Diagnostics
Fin
Customer
Service
Mfg
R&D
Low VALUE hi gh
Low VALUE hi gh
Low UNIQUE high
Low UNIQUE high
Mapping Skill Areas at BIOTECH
MIS
Laboratory
Services
Fin
Quality
TMT
Core
Core
Compulsory
Compulsory
BC
D A
R&D
Manufacturing
Operations
Distribution
Sales
Sales
TMT
HR
R&D
Diagnostics
Fin
Customer
Service
Mfg
R&D
Low VALUE hi gh
Low VALUE hi gh
Low UNIQUE high
Low UNIQUE high
Mapping Skill Areas at BIOTECH
MIS
Laboratory
Services
Fin
Quality
TMT
Core
Core
Compulsory
Compulsory
Ancillary
Ancillary
Customer
Service
BC
D A
R&D
Manufacturing
Operations
Distribution
Sales
Sales
TMT
HR
R&D
Diagnostics
Fin
Customer
Service
Mfg
R&D
R&D
Partners
Low VALUE hi gh
Low VALUE hi gh
Low UNIQUE high
Low UNIQUE high
Mapping Skill Areas at BIOTECH
HR
Legal
MIS
Laboratory
Services
Fin
Quality
TMT
Core
Core
Compulsory
Compulsory
Idiosyncratic
Idiosyncratic
Ancillary
Ancillary
Customer
Service
Diagnostics
R&D
PartnersR&D
PartnersR&D
PartnersR&D
Partners
