Reference no: EM13667948

Organizations, depending upon their size and strength, may either develop their own HR strategy model or acquire them from external HR consultancy firms to initiate the best HR practices and techniques in the firms that add value to their workforce. Many consultant firms are offering tailor-made packages or models for developing strategic human resource in their client organisation. The People Capability Maturity Model (P-CMM) for strategic human resource management developed by Wipro Technologies initiative is worth mentioning.

The popular P-CMM model guides an organization through a series of increasingly sophisticated practices and techniques for developing its overall workforce. The purpose of this model is to accomplish "people process leadership" by aligning people capability with the existing business opportunities and organizational strategy. The unique objective of P-CMM is the creation of an "HR value" by creating competency management framework, integrating people processes, and benchmarking HR processes. To develop this value for human resources, the P-CMM based solutions are (i) Workforce Planning Process Consulting and Tools Evaluation, which aims at process simplification, improved staff allocation and HR budget, and a proactive HR planning; (ii) Competency Framework Consulting, which seeks to achieve improvements in the areas of employee career development, and a better focus on the learning needs of the firm and critical organizational competencies; and (iii) Quick Scan Assessment of People Processes, which aims at comparing the firm"s HR practices with the industry, developing guidelines for perfecting future HR plan, systematizing people processes, and much more