MGMT 1P93 Lecture 10: Chapter 14 Review

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Chapter 14 human resource management: building a top-quality workforce. 14-1 human resource management: bringing business to life. Companies are changing their human resources policies because they recognize the value of being employee-centered when it comes to recruiting and retaining the best workers at all levels of the organization. Companies that get the most from their people often consider their human resources their biggest investment. Human resource (hr) management: the management function focused on maximizing the effectiveness of the workforce by recruiting world-class talent, promoting career development, and determining workforce strategies to boost organizational effectiveness. Building a top-quality workforce can be tougher than it may first seem. Hr managers and their counterparts throughout the company face huge challenges. Almost every major canadian company-face a potential crisis: the loss of key talent and experience through retirements. Enlightened companies have responded with some programs to retain their best employees through flexible schedules, training opportunities and creative pay schedules.

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