Managing Human Capital

MG-350

School of Business and Economics

Program BBA(H)
Semester: Fall 2015
Credit Hours: 3 (15 Sessions)
Prerequisites (if any): Principles Of Management and Organizational
Behavior
http://moodle.umt.edu.pk/
Student Resources at

Brief course description:-

Human Capital management can be defined as the effective and efficient use of human
potential in an organization through the management of people-related activities. It involves
leadership, values, employment planning, recruiting and selecting employees, training and
compensating them, and evaluating their performance.
The general purpose of this course is to familiarize students with the basic principles and
techniques of human capital management. The course takes a practical view that integrates
the contributions of the behavioral sciences with the technical aspects of implementing the
HR functions in the ‘real world.’ The course also presents human resource issues in a manner
relevant to all students and emphasizes practical applications for managers and supervisors in
various organizations. Certainly, not everyone who takes this course will become a human
resource professional, however, all managers, no matter what their specialization, play an
integral role in carrying out HR policies and practices in their organization – and they have to
deal with their organization’s human resources department.
Thus, a basic understanding of human resource management is essential whether the student
works in a government agency, financial services, hospital, high technology industry, retail,
educational institution, or other type of organization. A key objective of this course is to show
that Human Capital management is more than just inviting employment applications and
keeping records; instead it is a central and strategic organizational activity of increasing
complexity and importance.

Course aims:-
The aim of this course is to equip students with the competitive knowledge, skills and
competencies necessary for the management of HUMAN CAPITAL; undoubtedly the most
valuable and challenging resource of an organization. Course further aims to enable students
to conceptualize and exhibit all functions related to human resource management according
to the current needs of the corporate world.
Learning outcomes:
After the successful completion of this course students would be able to;
1. Appreciate the importance of human capital management as a field of study and as a vital
source of sustained competitive advantage.

2. Demonstrate knowledge and understanding of the literature pertaining to the management

of people in organizations.

3. Exhibit skills in researching, and recommending workable solutions for, organizational

problems of major relevance to managers.

4. Define the important HR functions (e.g. – Planning, Recruitment, Selection, Training,

Compensation etc.) and key concepts & issues associated with each.

5. Propose the implications of all principles and techniques of human resource management
for organizations.

Learning and Teaching

This course will utilize a blend of instructional methods and media to encourage both an
intellectual understanding and a personal sense of the subject matter. These will include
lectures, readings, discussions, case studies, student presentations, films and experiential
exercises. The goal will be to use the time allocated to us to maximum effect. Your
contribution towards achieving this goal will be to do the assigned reading before the class
and to ensure that you are in the class and ready to learn every class.

RECOMMENDED BOOKS

RECOMMENDED BOOKS:-
 HUMAN RESOURCE MANAGEMENT BY GARY DESSLER, 12TH EDITION OR NEWER
EXTRA READING & SUPPLEMENTARY MATERIAL
o Human Resource Management by Noe, Hollenbeck, Gerhart, Wright. McGraw
Hill.
o Human Resource Management - 8th edition, David A. DeCenzo & Stephen P.
Robbins (John Wiley & Sons)
o Human Resource Management by Derek Torrington & Laura Hall
o The primary source of reference for supplementary material will be the
WWW.
Course Handouts (CAN BE DOWNLOADED FROM THE LINK PROVIDED)
Materials, Handouts & Reference to other BOOKS will be given BEFORE/DURING
LECTURES if required.

COURSE METHODOLOGY
The following learning methodology would be used during this course:
 1. Case discussions
2. Class discussions
3. Presentations
4. Group Activities
Regularity and Punctuality:
Regularity and punctuality will be very strictly observed. You have an allowance of only
three absences (out of 15 sessions). This includes the leaves that are approved from your
Batch Advisor. In case you are absent in four classes, you will get an ‘F’ in the course.
Regarding punctuality, you will be marked present only if you arrive in the class within five
minutes of the scheduled time. Any absents during the presentation sessions will result in
deduction of 1 point each from the class participation marks. This means that the class
participation marks can go into the negative as well. If your group is making a presentation
and you are not there, you get a zero. If you miss a Quiz you get zero in that Quiz. You will
lose 20% if you deliver your assignment/report after the given date and the same will be
added for an additional day. The chapters and other material included in the Mid-term and
final Exam will be discussed one week prior to its commencement respectively.

Class Participation:
Positive, healthy and constructive class participation will be monitored for each class.
Particular emphasis will be given during the presentation sessions. The manner in which the
question is asked or answered will also be noted. Your behaviour, as business executives in
the class will contribute to the class participation marks. Any issues/confusions regarding
classroom teaching, I will be available in counselling hours and I strongly encourage that.

Honesty Policy:
A student found in cheating (plagiarism) on any exam/ assignment/ project, his/her case will
be referred to Unfair Means Committee (UFM) that may result in no credit (i.e. no grade) for
that exam/ assignment/ project. A deduction from the sessional marks and financial penalties
are other possibilities as decided by the committee.

Plagiarism:
It is defined in dictionaries as "the wrongful appropriation, close imitation, or purloining
(stealing) and publication, of another author's language, thoughts, ideas, or expressions, and
the representation of them as one's own original work.

Assessments:
All of the activities held during the session will be evaluated; the final grades for the course
will be as follows:

ASSESSMENT DESCRIPTION ALLOCATIO

TOOL N OUT OF
100
Mid-Term Exam Will constitute of the topics covered up till the 7th Session. The
Exam will have an objective portion (MCQ’s & T/F) and a
25%
subjective part comprising of short answers, detailed implied,
scenario based or case based questions.
 Final Exam Final exam constitutes topics covered post mid-term exam and few
pre-exam. It will comprise of Implied questions, scenario based,
30%
short case study, application template and Objective part (MCQ’s &
T/F).
Class Case discussions for advance cases assigned will be evaluated on
Participation the spot. Student present in all sessions will get full attendance
marks.
Positive, healthy and constructive class participation will be
monitored for each class. Proactively and vocally participating in
the discussions and the way in which concepts are carried forward
10%
will constitute to good class participation. Quality rather than
quantity will be graded. Quality class participation will be based
upon i) Relevance, ii) Advancement, iii) Fact based, iv) Logical and
V) Originality.
Grade Distribution: Case Discussion 5%, Class participation and
punctuality 3%, Attendance 2%
Final Project & A final project regarding concepts of Management practices in a
Presentation REAL organization will be completed and submitted in session
14.Grade Distribution: Project report 10%, Presentation 5%, Each
individual will be judged on the basis of the following criteria. 15%
Confidence 25%, Communication Clarity 30%, Preparedness 25%,
Slides quality 10%, Getup (Well dressed)10%, *Marking will be
based on individual bases.
Assignments Assignments relating to the outcomes of the topics covered will be
(case studies) turned in periodically.
GRADING: 100 Marks/assignment. [Distribution: Assignment 10%
structure (10), Content and analysis (50), Conclusion and value
addition (20) Use of English and formatting (10), referencing (10)]
Quizzes Quizzes will be given out after every two sessions (see course
outline) Quizzes can comprise of short questions, objective
10%
questions, short case analysis etc. Quizzes will be graded on N-1
bases. There is no makeup’s for missed quizzes.
Total 100%
Couseling Hours
Monday Tuesday Wednesday Thursday Friday
-

Phone calls to my private mobile number are strictly prohibited. In case of any problems you can
contact me via the following:
E-mail address: imran.akbar@umt.edu.pk
Phone (Off): 042 35212801 (Ext. 372)
Calendar Activities
* The following is subject to minor adjustment with commencement of the session

Sessi Expected Learning Teaching Assessment Deadlines & Home

Topics
on Outcomes Methods Criteria work
 After this session
students would be;
Introduction to - Able to conceptualize, From book.
Managing Human and reflect on what Reading for 2nd
Capital human capital and how session:
these relate to Chapter#. 3. HRM by
management process of Garry Dessler 12e
an organization. -Lecture
1 Reading for 2nd
Participation
- In a position to -Discussions session.
rationalize the Chapter#. 2. HRM;
importance of strategic Gaining A Competitive
role of human capital in Advantage, by Noe,
the gain of competitive Hollenbeck, Gerhart
advantage for an and Wright.
organization. Pages. 54-66.

After this session

One week for Quiz 1
students would be able
Strategic Human to;
From book.
Resource
Reading for 3rd
Management -Link the HRM
session:
2 practices with the
Chapter#. 4. HRM by
strategic goals of the
Garry Dessler
organization. Lecture
Case -Case Analysis
Reading for 3rd
-Describe the reciprocal Analysis -Class
session:
relationship between Group participation
Chapter#. 4. HRM;
strategy formulation Discussion
Gaining A Competitive
and HRM functions.
Advantage, by Noe,
Hollenbeck, Gerhart
-Demonstrate the more
and Wright.
popular generic
strategies and various
HR practices associated
with each.
Job Analysis, Job After this session Lecture -Quiz #. 1 Reading for 4th
Description & Job students would be; Case -Assignment session:
Specification -Able to explain the Discussion #. 1 Chapter#. 5. HRM by
importance and uses of Class -Class Garry Dessler , 12e
job analysis Exercise Participation
information, and with
3 methods of conducting introduction
a job analysis. to O* Net
-Aware of the tasks of
writing job descriptions
and job specifications.
Able to do a job
analysis, write a job
description and job
 specification for any
existing firm.

Human Resource After this session

Submission of Review
Planning & students would be able
Recruiting to;
Submission Of
Explain the process of
Lecture Assignment #. 1.
HR planning,
Question/An
forecasting personnel -Class
swer Reading for
4 requirements, managing Participation
Case 5thsession:
human shortages and
Discussion Chapter #. 6. HRM by
surpluses, and
Garry Dessler 12e
challenges associated
with each step of the
process.
After this session
students would be able
to;
Address the steps and
methods involved in
Lecture
recrutment and Reading for 6th
Class
selection process. session
Exercise
-Quiz #. 2
Video Clip
Testing & Selection Define the ethical and -Class Chapter #. 7. HRM by
5 legal issues associated Participation Garry Dessler 12e
with this process.
Perform a recruitment
and selection task for
any living organization
by devising a
competitive recruitment
and selection strategy.
After this session One week for Quiz 3
students would be able
6 Interviewing to; Reading for 7th
Give an overview of session:
types of interviews and Lecture Chapter #. 8. HRM by
Participation
their features. Short video Garry Dessler 12e
in Role Plays
Discuss common clips Additional Reading
& Exercise
mistakes in Role Play Chapter#. 7. HRM;
interviewing, and Class Gaining A Competitive
effective interviewing Exercise Advantage, by Noe,
techniques. Hollenbeck, Gerhart
and Wright.
7 Training and After this session Lecture -Quiz #.3 Course review for
Developing students would be in a Case -Participation Mid-Term Exam
 Employees well position to;
Define the issues
related to training and
development of
employees, needs
Analysis
analysis, techniques,
Class
purposes, and
Exercise
evaluation.
Video clips
Throw a light on the
importance of
employees' orientation,
training and
development in gaining
competitive advantage.
Reading for9th session:
8 Mid Term Exam Chapter #. 9, HRM by Garry Dessler 12e
Students should be
able to explain the
performance
appraisal process Group Project Review
and the different Submission of lists of
tools and methods finalized group
available. Moreover, members
they should get
familiar with the Reading for 10th
topics like Lecture session:
performance Developing Chapter #. 11. HRM by
-Participation
9 Performance management PMS for Garry Dessler 12e
Management process, appraisal class Chapter #. 11. HRM;
System methods, appraisal Gaining A Competitive
performance Advantage, by Noe,
problems and Hollenbeck, Gerhart
solutions, and the and Wright.
appraisal interview.
Linking PM system
with strategy.
After this session
One week for Quiz 4
students will be able to;
Explain the kinds and
Establishing methods of classic as
10 Strategic Pay Plans well as contemporary
Reading for 11th
pay rates.
Lecture session
Case Chapter #. 12. HRM by
Explain pricing process
Discussion -Participation Garry Dessler 12e
of managerial and
Class
professional jobs, and
Exercise
current issues in
compensation
management.
11 Pay for After this session Lecture - Quiz #.4 Reading for 12th
Performance and students will be able to; Discuss -Assignment # session
Financial reading and 2 Chapter #. 13. HRM by
 Incentives -Describe the different
motivation theories and
their impact on human
efficiency.

-Differentiate between
incentive and
recognition plans.
various
-Identify the different Garry Dessler 12e
applications
option of incentives for
sales people and the
level of performance
that can be achieved.
 Distinguish
between
organization-wide
incentives for
mangers and
executives.
12 Benefits and After this session
Services students will be able to;
Assignment # 2
-Explain the importance
Lecture submission
of benefits how to
Video Clip One week for Quiz 5
reduce the costs of
Case Final Project
employee absenteeism
Examples Submission
and increasing -Lecture
and Real life
productivity. -Participation
situations Reading for 13th
Advance Session:
-Learn the level of
Reading Chapter #. 14 & 17.
loyalty and
Chapter 14 HRM; by Garry
competitiveness that
Dessler
can be improved by
provision of different
benefits.
13 Employee After this session Lecture -Quiz #. 5 Submission of Final
Relations students would be able Case -Participation Project Report
to; Analysis
Explain what is meant Participation
by ethical behavior at
work.
Discuss important
factors that shape
ethical behavior at
work.
Describe at least four
specific ways in which
HR management can
influence ethical
behavior at work.
Describe the HR
 challenges of
international business
.

14 PRESENTATIONS

15 PRESENTATIONS