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CHAPTER 1 Human Resource Management in Organizations
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Human Capital People Collective value of the capabilities, knowledge, skills, life experiences, and motivation of the workforce Intellectual capital: thinking, knowledge, creativity, and decision making that people in organizations contribute
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Core Competency A unique capability that creates high value at which an organization excels THE STRENGTHS OF AN ORGANIZATION EMPLOYEES ARE CORE COMPETENCIES WHEN: Productivity Customer service/quality Organizational culture
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Productivity Productivity: measure of the quantity and quality of work done, considering the cost of the resources used. Unit labor cost: computed by dividing the average cost of workers by their average levels of output. Figure 1-3, Improving Productivity Organizational restructuring Redesigning work Aligning HR activities Outsourcing analysis
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Customer Service and Quality Customer satisfaction: examples????? Quality: examples ????????
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Organizational Culture Consists of the shared values and beliefs that give members of an organization meaning and provide them with rules for behavior. The “climate” of the organization Shared values and beliefs that give members of an organization meaning and provide them with rules for behavior Values are inherent in the ways organizations and their members treat people both inside and outside the organization Global culture
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HR Functions, Figure, 1.4 Strategy and planning Employee labor relations Risk management and worker protection Rewards Talent management Staffing Equal employment opportunity
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Roles of HR 1. Administrative: outsource these activities 2. operational/employee advocate: get along 3. Strategic: mergers, expansion, downsizing, etc. 4. REVERSE!!!!!!
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Globalization Expatriate: a citizen of one country who is working in a second country and employed by an organization headquartered in the first country Host country national: a citizen of one country who is working in that country and employed by an organization headquartered in a second country Third country national: a citizen of one country who is working in a second country and employed by an organization headquartered in a third country
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Wages in other countries Figure 1-7 Norway: $57.53 US: $34.74 Philippines: $1.90
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Technology Advantages: administrative, operational: payroll and benefit activities, HR Planning, Data at your fingertips Social Media: advantages and disadvantages
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Organizational ethics and HR Written code of ethics Training on ethical behavior Advice to employees on ethical situations Systems for confidential reporting of ethical misconduct or questionable behavior Ethics and global differences
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Unethical behavior Compensation Employee relations Staffing and equal employment
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HR as a Career Field HR Generalist: a person who has responsibility for performing a variety of HR activities HR Specialist: a person who has in-depth knowledge and expertise in a limited area of HR Certifications: PHR, SPHR, WorldatWork Certifications
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HR Challenges Reducing costs Job changes Occupational shifts Workforce availability Talent management Contingent workforce
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