MGHB12H3 Chapter Notes - Chapter 1: Behavioural Sciences, Job Sharing, Job Security
Document Summary
Chapter 1 the world of human resources management. Great business plans and products and services can be easily be copied by your compeitors, great personal cannot. Human resources management (hrm) the process of managing human talent to achieve an organizaion"s objecive. Human capital - the knowledge, skills, and capabiliies of individuals that have economic value to an organizaion. Human capital is intangible and cannot be managed the way organizaions manage jobs, products, and technology. When employee leaves, they take their human capital with them. Hrm selecion and training can develop replacements, therefore reals strategic advantage for organizaions is high-quality hrm systems. To build human capital develop superior knowledge, skills, and experience within their work forces and retain and promote top performers. Beyond building human capital- organizaions must uilize the knowledge of their workers. Learning capability = a business ability to generate new ideas * adeptness at generalizing them throughout the company. Chart of aciviies for hr department ig 1. 1.
