Human Resource Planning and Development

HUMAN RESOURCE PLANNING AND DEVELOPMENT

TABLE OF CONTENTS

TOC \o "1-3 " \h \z \u HYPERLINK \l "_Toc0 " DECLARATION PAGEREF _Toc0 \h i

HYPERLINK \l "_Toc1 " Introduction PAGEREF _Toc1 \h 1

HYPERLINK \l "_Toc2 " Company Background PAGEREF _Toc2 \h 1

HYPERLINK \l "_Toc3 " Human Resource Planning and Development in Macquarie Ban PAGEREF _Toc3 \h 2

HYPERLINK \l "_Toc4 " 1 . Human Resource Management Models PAGEREF _Toc4 \h 4

HYPERLINK \l "_Toc5 " 1 .a ) Harvard Model of HRM PAGEREF _Toc5 \h 4

HYPERLINK \l "_Toc6 " 1 . b ) The Michigan

Model PAGEREF _Toc6 \h 6

HYPERLINK \l "_Toc7 " 1 . c ) Model for World Class HRM Systems PAGEREF _Toc7 \h 8

HYPERLINK \l "_Toc8 " 2 Human Resource Planning and Development Methods . PAGEREF _Toc8 \h 10

HYPERLINK \l "_Toc9 " 2 . a ) Skills Inventory PAGEREF _Toc9 \h 11

HYPERLINK \l "_Toc0 " 2 . b ) Succession Planning PAGEREF _Toc0 \h 11

HYPERLINK \l "_Toc1 " 2 . c ) Commitment Manpower Planning PAGEREF _Toc1 \h 12

HYPERLINK \l "_Toc2 " Performance Appraisal form sample PAGEREF _Toc2 \h 16

HYPERLINK \l "_Toc3 " 3 . a ) How Human Resource performance is currently indicated and monitored PAGEREF _Toc3 \h 20

HYPERLINK \l "_Toc4 " 3 . b ) Suggestions for improvements PAGEREF _Toc4 \h 21

HYPERLINK \l "_Toc5 " Conclusion PAGEREF _Toc5 \h 23

HYPERLINK \l "_Toc6 " Definition of terms PAGEREF _Toc6 \h 24

HYPERLINK \l "_Toc7 " REFERENCES PAGEREF _Toc7 \h 25 DECLARATION

I , the undersigned declare that this is my original work

Signed : ______________________________ Date : _________________________ Word Count : 6 ,400 Introduction

Company Background

Macquarie Bank Limited is an Australian merchant bank with its global headquarters at Sidney . It provides a broad range of products and services to investors , corporations and government . It is a highly successful organization which has been able to maintain its success using an incremental adjustment process while operating in a rapidly changing environment . It is the largest player in Australia in capital raisings , and the second largest player in the mergers and acquisitions area of corporate finance in Australia . The bank was founded in 1969 as Hill Samuel Australia , but later took its name from Lachlan Macquarie an early Governor of New South Wales who dramatically transformed the early colonial economy . The company became a trading bank and changed to its present name in 1986 , at which time it opened branches in Melbourne and Brisbane

Macquarie Bank manages a number of listed investment funds . Other funds managed by the bank 's subsidiaries have invested in projects such as airports , operating Kingsford Smith International Airport in Sydney and Bristol International Airport in the UK , for instance . Its operations are still primarily Australian although it has built a substantial presence offshore with operations in many countries in Asia , Europe and Africa . There are however other recent acquisitions including Cook Inlet , a gas trading and scheduling operation based in Los Angeles and Thames Water . For the purpose of this , the focus will be on Macquarie Bank Limited

Macquarie employs around 5 ,000 staff outside of Australia . With a network of over 12 ,000 people in 25 countries , the...