21407 Lecture Notes - Lecture 3: Society For Human Resource Management, Performance Appraisal, Biproduct
Document Summary
Valuable: earns company a lot of $ These make the primary value chain strong (e. g. hr ensure right people hired) Primary (inbound logistics, operations, outbound logistics, marketing, service) Org. strat hr strat intended practices actual . Perceived hr outcomes (overall - differentiation) (processes) (line mangers) (employee experiences) Functional: employees working across different functions (cost- effective) Numerical: able to increase/decrease staff as required (seasonal fluctuations) Mental: employees flexible in accepting change (e. g. different roles) Social legitimacy (reputation how society sees actions by employer) 2 elements(1: continuously protecting core capabilities 2: future competencies) Purpose: to convert vision/mission into specific, measurable/timely targets. To focus efforts and align actions throughout the org (crucial) To inspire employees to greater levels of effort (affective commitment) * hrm not always key to success (other areas in bs essential in. Collaborative team effort involving managers in various departments/levels. Aka integrative linkage (cid:523)crafting strategy together achieving ubg(cid:495)s(cid:524) Not focus on (cid:494)making a profit(cid:495) as this is a bi-product of.
