HRM200 Lecture Notes - Lecture 1: Baby Boomers, Millennials, Videotelephony

• School: University of Waterloo
• Department: Human Resources Management
• Course: HRM200
• Professor: William Peckham

Document Summary

Chapter 1: the strategic role of human resources management. The strategic role of human resources management: human resources management (hrm) the management of people in organizations to drive successful organizational performance and achievement of organization"s strategic goals, human capital. Human resources movement: evolutionary phases: phase 1 - early (cid:1005)(cid:1013)(cid:1004)(cid:1004)"s. Hiring, firing, payroll/benefits processing: phase 2 (cid:1005)(cid:1013)3(cid:1004)"s to (cid:1005)(cid:1013)(cid:1009)(cid:1004)"s. Orientation, performance appraisal, employee relations: phase 3 (cid:1005)(cid:1013)(cid:1010)(cid:1004)"s to (cid:1005)(cid:1013)(cid:1012)(cid:1004)"s. Emphasis on contribution and proactive management of people: phase 4 (cid:1005)(cid:1013)(cid:1013)(cid:1004)"s to present. Every line manager must possess basic hr skills. New roles: activist, change steward, talent manager/organizational designer, Number of candidates interviewed cost per hire: today"s measures: focus on productivity, quality, sales, market share, and profits. A measurement system that translates organization"s strategy into a comprehensive set of financial and operational performance measures. Growing professionalism in hrm: characteristics of a profession: Environmental influences on hrm: external influences: economic conditions. Growth of the primary, secondary, and tertiary (service) sectors.