By Mark Liangco | BUS 381
Chapter 1 – Intro to HR
Human Resource Management
- Refers to the management of people in organizations.
- Involves formulating and implementing HRM systems (such as recruitment, performance evaluation,and
compensation) that are aligned with the organization’s strategy in order to ensure that the workforce has
the competencies and behaviors that are required to achieve the organization’s objectives.
- Effective HR Practices are related to better organizational performance
Two categories of HRM
1) Operational (Administrative)
- Responsibilities include:
o Hire and maintain employees
o Analyzing Jobs
o Orienting and training of employees
- Requires a person to be an administrative expert
- Makes sure that the company is with the most effective human capital to achieve its strategic goals.
- Strategy formulation and execution
- The company’s plan for how it will balance its internal strengths and weaknesses with external
opportunities and threats in order to maintain competitive advantage.
Traditionalist (Born before 1946)
- Grew up in an era of hardship
- Tend to be quiet, loyal and self-sacrificing
Baby Boomers (1946 – 1964)
- Largest part of the workforce
- Career focused and workaholics
Generation X (1965 – 1980)
- First technology literate generation
- Independent and believe security comes from transferab