MHR 523 Lecture Notes - Lecture 1: Organizational Communication, Millennials, Functional Illiteracy

• School: Ryerson University
• Department: Human Resources
• Course: MHR 523
• Professor: Margaret Yap

Document Summary

Human resources management (hrm): the management of people in organizations to drive successful organizational performance and achievement of the organization"s strategic goals. Hr professionals hire best individuals, develop their talents, create a productive work environment and continually build and monitor those human assets (knowledge, education, training skills and expertise of workers: human assets are competitive advantages. Hrm creates and implements hrm systems (recruiting, performance appraisal and compensation) to achieve organization"s strategic goals. Employee management, empowerment, training and guidance are shared responsibilities of execs and line managers and hr professionals. Human resources movement: a management philosophy focusing on concern for people and productivity: focuses on organizational success using operational and strategic management of labour, phase 1 (early 1900s): Hrm played minor role or non-existent role and responsible for hiring and firing and payroll and benefits: phase 2 (1930s 1950s): Operational efficiency increased but wages did not keep up.