BUSI 3102 Lecture Notes - Lecture 8: Human Resource Management, Learning Organization, Human Capital
14 Sep 2016
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Document Summary
Learning organization-an organization that has an enhanced capacity to learn,adapt, and change. Knowledge management-the ability to utilize people"s knowledgeinfo. stored in employees" heads. True learning organization is one that"s skilled at creating,acquiring,interpreting,transferring, and retaining knowledge,one that adapts to change successfully by leveraging its knowledge base. Talent-individuals who add value to the organization and can positively impact organizational performance. Human resource development-a part of human resource management that integrates the use of training and employee and careeer development efforts to improve individual, group, and organizational effectiveness. Goal of hrd-establish applicable learning interventions that will enable individuals within organizations to optimally perform current and future jobs. Regarded as an investment in human capitalyields greater returns by improving employee"s skills and contributes to productivity improvements. Integral part of an org. "s strategic plan to gain competitive edge. 2007-conference board of canada said that canadian organizations spent per employee or.
