MHR 523 Lecture Notes - Lecture 1: Balanced Scorecard, Organisation Climate, Performance Appraisal
Document Summary
The management of people in the organizations to drive successful organizational performance and achievement of organization"s strategic goals. The knowledge, education, training, skills, and expertise of an organization"s workforce. Scientifically analyzing manufacturing processes to reduce costs and compensating employees based on performance. Phase 3- 1960"s to 1980"s: human resources management. Emphasis on contribution and proactive management of people. Every line manager must possess basic hr skills. Operational vs strategic hr (refer to figure 1. 1 in tb) Aligning hrm strategies and systems to achieve overall mission, strategies, and success of the organization while meeting needs of employees and other stakeholders. Systematically linked to the strategic needs of an organization and reflects the organizational mission and strategy. Hr strategies and tactics must be mutually consistent. Examples: # of candidates interviewed, cost per hire, etc. Focus on productivity, quality, sales, market share, and profits.
