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Strategic human resource planning system of Kohinoor Chemical Co. (BD) Ltd.

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BRAC University

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Abstract

Kohinoor Chemical Company Limited (KCCL) started its business in 1956 and was engaged in manufacturing high quality cosmetics, toiletries, soap and glycerin for decades. Kohinoor Chemical Company (Bangladesh) Ltd. (KCCL), a former state- owned enterprise under Bangladesh Chemical Corporation (BCIC), was acquired by the present entrepreneurs on August 03, 1993 as the unit was privatized by the government of the People’s Republic of Bangladesh. Strategic Human Resource Planning is the first step of HRM Strategy. All other functional activities are derived from and flow out of the HRP process. Kohinoor Chemical Co (BD) Ltd. Follows Strategic human resource planning very strictly. In the past times there were nothing call Human resource Management. It was all about Administration. But as time passed, there were growing need for Human Resource Management to maximize the resource utilization. With that in mind, present management recognized the administration department and renamed it as “HRM and administration department”. Now the company follows almost every steps of the SHRP but still little bit lacks behind. As this company is from BCIC period it needs to change constantly. KCCL is very much proactive in anticipating the changing environment. But it is overstaffed. If they take necessary steps then they can overcome this problem and can maintain a standard workforce structure. They do their workforce planning in two ways: A0 need Basis on their need of workers. B) Growth basis: If they think to increase one more region then they recruit people for the section. The people of the organization are very positive in adopting the changes. They should maintain the policy and after getting the feedback they should take necessary steps according to those.

Description

Cataloged from PDF version of Internship report.
Includes bibliographical references (page 29).
This internship report is submitted in a partial fulfillment of the requirements for the degree of Master of Business Administration, 2016.

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Internship Report