BU288 Chapter Notes - Chapter 1: Human Capital, Railways Act 1921, Human Relations Movement
Document Summary
Social inventions for accomplishing a common goal through group effort. The field of ob is about understanding people and managing them to work effectively. The field of ob is concerned with how orgs can survive and adapt to change. Individuals are assembled into orgs for a reason (for a goal: virtually all orgs have survival as a goal, certain behaviours are necessary to adapt and survive. The field of ob is concerned with how to get people to practice effective teamwork: orgs depend on interaction and coordination among people to accomplish their goals. Intellectual and physical work is performed by groups. Informal grouping friendships develop and indvs form informal alliances to accomplish work: the communication and moral within informal contact can have a strong impact on goal achievement. Human resources management: programs, practices, and systems to acquire, develop, motivate and retain employees in orgs, closely related but distinct discipline to ob, ex. Recruitment and selection, compensation, and training & development.
