MGHB12H3 Chapter Notes - Chapter 1& 4: Human Resource Management, Corporate Social Responsibility, Human Resources
Document Summary
Mghb12 week 1: introduction to strategic hrm & job analysis: Chapter 1: the world of human resource management: Competitive advantage for an org the way org acquires, treats, develops, and rewards its workers. Human resources (human capital, intellectual assets, talent mgmt) people drive the performance of their or. Human resources management (hrm) the p(cid:396)o(cid:272)ess of (cid:373)a(cid:374)agi(cid:374)g hu(cid:373)a(cid:374) tale(cid:374)t to a(cid:272)hie(cid:448)e a(cid:374) o(cid:396)g"s o(cid:271)je(cid:272)ti(cid:448)es: a(cid:374)al(cid:455)zi(cid:374)g (cid:272)o"s (cid:272)o(cid:373)petiti(cid:448)e e(cid:374)(cid:448)i(cid:396)o(cid:374)(cid:373)e(cid:374)t a(cid:374)d desig(cid:374)i(cid:374)g jo(cid:271)s that (cid:373)at(cid:272)hes fi(cid:396)(cid:373)"s st(cid:396)ateg(cid:455) to (cid:271)eat competition, requires: Identifying, recruiting, and selecting the right people for those jobs. Developing competitive compensation policies to retain them. Grooming them to lead the org in the future. One of the best jobs in canada for 2015. Good understanding of hrm benefits everyone (managers and entrepreneurs) Human capital the knowledge, skills, and capabilities of individuals that have economic value to an org. Intangible and cannot be managed the (cid:449)a(cid:455) o(cid:396)g"s (cid:373)a(cid:374)age jo(cid:271)s, p(cid:396)odu(cid:272)ts, a(cid:374)d te(cid:272)h(cid:374)ologies.
