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07 Winter472.422 Human Resource Management Yvonne Thompson Weeks 1 Winter 2012
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07 Winter472.422 Core Idea: HR ideas (and text) designed for big business if small businesses adapt & use can compete with big guys and win will attract talent foster loyalty substitute for high compensation not a snap but not rocket science you'll have to do it yourself
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07 Winter472.422 The Course nuts & bolts + fun OK, I have a strange idea of what’s fun cases simulations a negotiation your ideas We’re going to hit the ground running.
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07 Winter472.422 HRM HRM is activities, policies and practices to obtain and develop employees utilize, evaluate and maintain employees accomplish organizational objectives
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07 Winter472.422 HRM serving as consultant advice change agent formulating policies & procedures providing services monitoring to ensure compliance
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07 Winter472.422 is “linking HRM with strategic goals to improve business performance” Strategic HRM
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07 Winter472.422 Strategic HR shift focus from “HR is administration” to “HR is part of strategy” shift perception from “HR is an expense” to “HR is an asset”
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07 Winter472.422 Strategic HR add value to firm 15% of profit shape workplace culture & climate focus on harnessing human capital to achieve strategic goals
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07 Winter472.422 What is “Human Capital”? firm’s workers’: knowledge education training skills expertise
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07 Winter472.422 Internal Environmental organizational culture core values, beliefs and assumptions shared by members of an organization organizational climate prevailing atmosphere its impact on employees
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07 Winter472.422 Internal Environmental bureaucratic culture pyramid-shaped organization hierarchical structure levels of management boundaryless org relationships with customers suppliers ?competitors typically joint ventures empowerment: workers get skills and authority to make decisions traditionally made by managers
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07 Winter472.422 External Environmental labour force individuals who are employed + actively looking for work
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07 Winter472.422 External Environmental labour market is the geographic area where: organizations recruit employees individuals seek employment
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07 Winter472.422 External Environmental labour union “an officially recognized association of employees, practicing a similar trade or employed in the same company or industry, who have joined together to present a united front and collective voice in dealing with management”
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07 Winter472.422 External Environmental labour union “an officially recognized association of employees, practicing a similar trade or employed in the same company or industry, who have joined together to present a united front and collective voice in dealing with management”
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07 Winter472.422 External Environmental workforce diversity immigration “minorities” age baby boomers generation X generation Y educational level differences in literacy levels women aboriginal people persons with disabilities
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07 Winter472.422 External Environmental technology increase in technical and professional jobs decrease in traditional blue-collar jobs labour force training has not kept pace creates anxiety resentment alienation
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07 Winter472.422 External Environmental technology unions concerned about job displacement health hazards right to privacy ethical issues has promoted egalitarianism many firms have HRIS Human Resources Information System
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07 Winter472.422 External Environmental government HR must stay abreast of new/changing laws ensure policies and practices comply with laws maintain efficiency and effectiveness while complying
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07 Winter472.422 External Environmental globalization tendency of firms to extend business operations abroad emergence of one world economy increased international competition multinational corporations conduct business around the world seek cheap, skilled labour
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07 Winter472.422 History of HRM Human Resources Movement Human Relations Movement Scientific Management
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07 Winter472.422 History of HRM scientific management Frederick Taylor concern for production emphasis on efficiency performance-based pay impersonal, dehumanizing
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07 Winter472.422 History of HRM Human Relations Movement Hawthorne studies concern for people emphasis on communication treat employees with dignity and respect oversimplified view of motivation
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07 Winter472.422 History of HRM Human Relations Movement joint focus people productivity motivation through job design acknowledges individual differences employees seen as a competitive advantage
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07 Winter472.422 History of HRM phases in Human Resources Movement 3. Human Resources Management 2. Personnel Management 1. Personnel Administration 4. Strategic Human Resources
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07 Winter472.422 HRM Trend growing professionalism self-regulation code of ethics common body of knowledge certification of members
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07 Winter472.422 HRM in 21 st century growing professionalism formulate & implement corporate strategy improve service & product quality increase responsiveness to change build employee engagement
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07 Winter472.422 HR as Strategic Partner roles in formulating strategy environmental scanning competitive intelligence roles in executing strategy formulate effective HR procedures execute downsizing & restructuring create effective employee-management relationships
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07 Winter472.422 Quiz next class ch 1 & 2
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07 Winter472.422 Case 1
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07 Winter472.422
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