HRM107 Lecture 5: HRM Planning
Document Summary
Australian trade union: group representing workers in australia. Lecture week 1-4 is assessed through our reportweek 5 and onwards is assessed by the exam. Human resource planning (hrp): estimating the future supply of and demand for human capital, and then figuring out how to close the gap: translating organisational plans into people plans, comprehensive staffing plans will: Incorporate all hr activities (recruitment, learning & development, remuneration, and even separation: have a long term, strategic approach. S: market leader in search engines, ability to generate user traffic. W: excessive reliance on secrecy, falling ad rates. O: android operating system, google glass and google play. Political factor: measure the degree of political stability and government intervention in economy. Economic factor: economic policies/factors have a great impact on businesses and their expansion. Social factor: have a great impact on the buying patterns and behaviors of a nation which is an important determinant for businesses.